Latin Market Circulo Creativo Inc

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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

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 creative excellence in Hispanic advertising.

Program Service Accomplishments

Program 1

Expenses: $59,828

Trade shows and events that showcase Hispanic advertising agencies, and awards for creative excellence in Hispanic advertising.

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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%)

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

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