HISPANIC ALLIANCE 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

2008

Legal Domicile

Principal Officer

MARIBEL HOFMANN

Phone

2166614249

Tax Period

2019-01-01 to 2019-12-31

HISPANIC ALLIANCE INC, founded in 2008, is a small nonprofit that reported $137K in total revenue in fiscal year 2019. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $154K exceeded revenue, resulting in a 13% operating deficit.

Mission

HISPANIC ALLIANCE, INC. IS A NOT-FOR-PROFIT LOCAL HISPANIC MEMBERSHIP CORPORATION. ITS MISSION IS TO INTEGRATE THE HISPANIC/LATINO COMMUNITY BY UNITING, SUPPORTING, AND STRENGTHENING HISPANIC ALLIANCE (SEE SCHEDULE O) MEMBERS IN GREATER CLEVELAND AND NORTHERN OHIO; AND FURTHER THE SOCIAL, EDUCATIONAL AND ECONOMIC DEVELOPMENT OF THE HISPANIC/LATINO COMMUNITY THROUGH ADVOCACY, LEADERSHIP DEVELOPMENT AND THE FORMATION OF STRATEGIC PARTNERSHIPS. HISPANIC ALLIANCES' VISION IS TO BECOME THE VEHICLE TO INTEGRATE THE HISPANIC/LATINO COMMUNITY AND ALL OF ITS STAKEHOLDERS AS A VISIBLE, RECOGNIZABLE AND VALUABLE PRESENCE WITHIN THE HISPANIC/LATINO AND THE BROADER COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $48,159

COLLABORATION WITH THE ORGANIZATION BUILDING HOPE IN THE CITY IN HOLDING A COMMON GROUND CONVERSATIONS WITH RESIDENT MEMBERS OF THE COMMUNITY. ATTENDED BY APPROXIMATELY 35 PEOPLE TO DISCUSS ISSUES...

COLLABORATION WITH THE ORGANIZATION BUILDING HOPE IN THE CITY IN HOLDING A COMMON GROUND CONVERSATIONS WITH RESIDENT MEMBERS OF THE COMMUNITY. ATTENDED BY APPROXIMATELY 35 PEOPLE TO DISCUSS ISSUES AND COMMUNITY PRIORITY. REPRESENTED AND PROVIDED INPUT ON THE CENSUS 2020 CONVERSATIONS ALONG WITH OTHER COMMUNITY LEADERS AND STAKEHOLDERS ORGANIZING EDUCATIONAL DRIVES AND VOTER REGISTRATION EVENTS.

Program 2

Expenses: $2,326

LEAD AND ENGAGED IN COMMUNITY ART PROJECTS AND PROGRAMING (MURALS AND ALEBRIJES) THROUGH THE LACHA PROGRAM FUNDED BY CUYAHOGA ARTS AND CULTURE IN COLLABORATION WITH ESPERANZA, INC.

Program 3

Expenses: $51,440

WORKED ON THE RE-DESIGN OF THE LEADERSHIP DEVELOPMENT PROGRAM TO UPGRADE OFFERING AND ATTRACT A WIDER NET OF PARTICIPANTS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $137,158

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $137,158

Expense Breakdown

Grants Paid $0

Salaries & Benefits $78,647

Fundraising Expenses $17,728

Program Expenses $107,236

Other Expenses $75,844

TOTAL EXPENSES $154,491

Year-over-Year Comparison

	2019	2018	Change
Revenue	$137,158	$106,528	+0.3%
Expenses	$154,491	$245,380	-0.4%
Net Income	$-17,333	$-138,852	-0.9%

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

Volunteers

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

$21,619

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUAN MOLINA CRESPO	EXEC DIRECTO	40.00	Officer	$21,619	$0	$21,619
MAUREEN DEE	VICE PRESIDE	6.00	Officer Director	$0	$0	$0
MARIBEL HOFMANN	PRESIDENT	N/A	Officer Director	$0	$0	$0
JOANNA LOPEZ INMAN	DIRECTOR	3.00	Director	$0	$0	$0
N/A	DIRECTOR	3.00	Director	$0	$0	$0
DEBBIE L KLEIN	DIRECTOR	3.00	Director	$0	$0	$0
N/A	DIRECTOR	3.00	Director	$0	$0	$0
DANIEL ORTIZ	DIRECTOR	3.00	Director	$0	$0	$0
JEAN POLSTER	DIRECTOR	3.00	Director	$0	$0	$0
OLGA ROSADO	DIRECTOR	3.00	Director	$0	$0	$0
MICHELLE DEL TORO	TREASURER	3.00	Officer Director	$0	$0	$0
N/A	DIRECTOR	3.00	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
2019	$137,158	$154,491	$18,091	$-17,333
2018	$106,528	$245,380	$36,911	$-138,852