LA PLAZA INC (EIN 300029575) - 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

2002

Legal Domicile

Principal Officer

MIRIAM ACEVEDO DAVIS

Phone

3178903292

Tax Period

2024-01-01 to 2024-12-31

LA PLAZA INC, founded in 2002, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $2.2M exceeded revenue, resulting in a 35% operating deficit.

Mission

LA PLAZA STRENGTHENS CENTRAL INDIANA BY ADVOCATING AND PREPARING LATINO STUDENTS FOR EDUCATIONAL SUCCESS AND BY CONNECTING LATINO FAMILIES TO HEALTH AND SOCIAL SERVICES.

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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 $1,291,333

Program Service Revenue $40,656

Investment Income $336,981

Other Revenue $-73,216

TOTAL REVENUE $1,595,754

Expense Breakdown

Grants Paid $397,922

Salaries & Benefits $1,048,352

Fundraising Expenses $26,737

Program Expenses $1,567,669

Other Expenses $714,561

TOTAL EXPENSES $2,160,835

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,595,754	$3,147,042	-0.5%
Expenses	$2,160,835	$1,908,284	+0.1%
Net Income	$-565,081	$1,238,758	-1.5%

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

100

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

$154,865

Total Directors

$154,865

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIRIAM ACEVEDO DAVIS	PRESIDENT AND CEO	40.00	Officer Director	$141,912	$12,953	$154,865
JANMARIE CONNOR	CHAIR	1.00	Officer Director	$0	$0	$0
JUAN M GUZMAN	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
JORGE GOMEZ-VILLALTA	TREASURER	1.00	Officer Director	$0	$0	$0
SHERYL GONZALEZ	SECRETARY	1.00	Officer Director	$0	$0	$0
ANNIE MUELLER	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA N CARDONA	PAST BOARD CHAIR	1.00	Director	$0	$0	$0
D VALERIE LOYA	DIRECTOR	1.00	Director	$0	$0	$0
MYRNA OZAETA	DIRECTOR	1.00	Director	$0	$0	$0
NATALIA RODRIGUEZ-HILT	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE MARTINEZ-LEGRAND	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA RUEDA	DIRECTOR	1.00	Director	$0	$0	$0
SHAWN BUSH	DIRECTOR	1.00	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	$1,595,754	$2,160,835	$10,678,757	$-565,081
2023	$3,147,042	$1,908,284	$10,733,242	$1,238,758
2022	$2,539,008	$1,833,261	$8,941,976	$705,747
2021	$2,714,930	$1,402,404	$9,386,247	$1,312,526
2020	$2,460,348	$1,312,155	$7,606,242	$1,148,193
2018	$745,310	$952,045	$5,443,832	$-206,735

LA PLAZA INC