Greater Houston Hispanic Chamber of Commerce Foundation

EIN: 272913920 501(c)(3)

HOUSTON, TX

Total Revenue
$107,524
Total Expenses
$189,520
Total Assets
$645,381
Net Assets
$-21,767
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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
2010
Legal Domicile
TX
Phone
7136647070
Tax Period
2023-01-01 to 2023-12-31

Greater Houston Hispanic Chamber of Commerce Foundation, founded in 2010, is a small nonprofit that reported $108K in total revenue in fiscal year 2023. Expenses of $190K exceeded revenue, resulting in a 76% operating deficit.

Mission

THE FOUNDATION SHALL PROMOTE THE ECONOMIC AND CIVIC INTEREST OF THE HISPANIC BUSINESS COMMUNITY BY EMPOWERING THE HOUSTON HISPANIC CHAMBERS OF COMMERCE THROUGH CHARITABLE AND EDUCATIONAL ACTIVITIES.

Program Service Accomplishments

Program 1
Expenses: $81,196

THE PURPOSE OF THE EMERGING LEADERS INSTITUTE IS TO IDENTIFY, DEVELOP AND EMPOWER EMERGING LEADERS. THE PROGRAM SERVES AS THE LINK BETWEEN THE EMERGING LEADERS, THE CORPORATE COMMUNITY, BUSINESS AND...

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THE PURPOSE OF THE EMERGING LEADERS INSTITUTE IS TO IDENTIFY, DEVELOP AND EMPOWER EMERGING LEADERS. THE PROGRAM SERVES AS THE LINK BETWEEN THE EMERGING LEADERS, THE CORPORATE COMMUNITY, BUSINESS AND CIVIC ENTITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $105,596
Program Service Revenue $0
Investment Income $1,928
Other Revenue $0
TOTAL REVENUE $107,524

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $22,133
Program Expenses $81,196
Other Expenses $189,520
TOTAL EXPENSES $189,520

Year-over-Year Comparison

2023 2022 Change
Revenue $107,524 $112,417 0.0%
Expenses $189,520 $173,627 +0.1%
Net Income $-81,996 $-61,210 +0.3%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
3
$566,327
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Chair 2.0
Officer Director
$0 $0 $0
N/A DIRECTOR (as of January 2023) 0.5
Director
$0 $0 $0
N/A DIRECTOR 0.5
Director
$0 $0 $0
N/A DIRECTOR (as of January 2023) 0.5
Director
$0 $0 $0
N/A DIRECTOR 0.5
Director
$0 $0 $0
N/A Chief Financial Officer 9.0
Officer
$0 $12,974 $146,805
N/A PRESIDENT & CEO 9.0
Officer
$0 $19,333 $419,522
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $107,524 $189,520 $645,381 $-81,996
2022 $112,417 $173,627 $666,237 $-61,210
2021 $208,647 $152,937 $633,346 $55,710
2020 $185,899 $173,649 $242,933 $12,250
2019 $176,513 $227,168 $110,638 $-50,655
2018 $131,796 $261,783 $166,068 $-129,987
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