Latin Market Circulo Creativo Inc

EIN: 261498266 Community Improvement

Miami, FL

Total Revenue
$65,110
Total Expenses
$63,817
Total Assets
$4,533
Net Assets
$4,533
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
FL
Principal Officer
Virgilio Flores
Phone
3057766295
Tax Period
2024-01-01 to 2024-12-31

Latin Market Circulo Creativo Inc, founded in 2007, is a micro nonprofit in the Community Improvement sector that reported $65K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

To Promote Hispanic advertising agencies.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $65,110
Investment Income $0
Other Revenue $0
TOTAL REVENUE $65,110

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $59,828
Other Expenses $63,817
TOTAL EXPENSES $63,817

Year-over-Year Comparison

2024 2023 Change
Revenue $65,110 $74,242 -0.1%
Expenses $63,817 $73,928 -0.1%
Net Income $1,293 $314 +3.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Virgilio Flores President 5.00
Officer Director
$0 $0 $0
Gustavo Lauria Co Chairman 5.00
Officer Director
$0 $0 $0
Aldo Quevedo Co Chairman 5.00
Officer Director
$0 $0 $0
Francisco Vargas Treasurer 5.00
Officer Director
$0 $0 $0
Beatriz Abascal Secretary 5.00
Officer Director
$0 $0 $0
Pablo Buffagni Board Member 1.00
Director
$0 $0 $0
Mauricio Galvan Board Member 1.00
Director
$0 $0 $0
Paco Olavarrieta Board Member 1.00
Director
$0 $0 $0
Luis Miguel Messianu Co Chairman 5.00
Officer Director
$0 $0 $0
Flor Leibaschoff Board Member 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $65,110 $63,817 $4,533 $1,293
2023 $74,242 $73,928 $3,240 $314
2022 $32,655 $33,401 $2,926 $-746
2021 $23,693 $29,464 $3,672 $-5,771
2020 $15,763 $13,730 $9,443 $2,033
2019 $58,985 $56,897 $7,410 $2,088
2018 $4,955 $41,726 $5,322 $-36,771
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