LATINO BUSINESS CHAMBER OF GREATER LOS ANGELES INC (EIN 262949736) - Form 990 Financial Analysis & Trantor Score

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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

DARREL SAUCEDA

Phone

5625566492

Tax Period

2023-01-01 to 2023-12-31

LATINO BUSINESS CHAMBER OF GREATER LOS ANGELES INC, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $348K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $411K exceeded revenue, resulting in a 18% operating deficit.

Mission

ECONOMIC DEVELOPMENT OF THE LATINO COMMUNITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $275,190

Program Service Revenue $72,680

Investment Income $100

Other Revenue $0

TOTAL REVENUE $347,970

Expense Breakdown

Grants Paid $7,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $357,922

Other Expenses $403,066

TOTAL EXPENSES $410,566

Year-over-Year Comparison

	2023	2022	Change
Revenue	$347,970	$286,348	+0.2%
Expenses	$410,566	$366,650	+0.1%
Net Income	$-62,596	$-80,302	-0.2%

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
GILBERT R VASQUEZ	Board Member	2.00	Director	$0	$0	$0
DAVID LIZARRAGA	Board Member	2.00	Director	$0	$0	$0
ERNEST CAMACHO	Board Member	2.00	Director	$0	$0	$0
MOCTEZUMA ESPARZA	Board Member	2.00	Director	$0	$0	$0
GINA ZAPANTA-ALDER	Board Member	2.00	Director	$0	$0	$0
DIANA RODRIGUEZ	Board Member	2.00	Director	$0	$0	$0
ELIZABETH MARTINEZ	Board Member	2.00	Director	$0	$0	$0
LORIANN SERNA	Board Member	2.00	Director	$0	$0	$0
ROBERT ALANIZ	Board Member	2.00	Director	$0	$0	$0
RUDY GUTIERREZ	Board Member	2.00	Director	$0	$0	$0
DAVID MORA	Board Member	2.00	Director	$0	$0	$0
JULIUS ARGUMEDO	Secretary	2.00	Officer	$0	$0	$0
DORENE DOMINGUEZ	VICE CHAIR	2.00	Officer	$0	$0	$0
DARREL SAUCEDA	Chairman	2.00	Officer	$0	$0	$0
FRANK VILLALOBOS	Vice Chair	2.00	Officer	$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	No data	No data	No data	No data
2023	$347,970	$410,566	$160,230	$-62,596
2022	$286,348	$366,650	$141,892	$-80,302
2021	$307,504	$292,068	$240,011	$15,436
2018	$98,811	$51,965	$106,634	$46,846

LATINO BUSINESS CHAMBER OF GREATER LOS ANGELES INC