THE RICARDO MONTALBAN FOUNDATION INC (EIN 311653371) - 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

1999

Legal Domicile

Principal Officer

GILBERT SMITH

Phone

3238712420

Tax Period

2024-01-01 to 2024-12-31

THE RICARDO MONTALBAN FOUNDATION INC, founded in 1999, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 14% surplus.

Mission

TO PROVIDE A PLACE DEDICATED TO PROMOTING EMPLOYMENT, PROVIDING EDUCATIONAL OPPORTUNITIES, AND IMPROVING THE IMAGE OF LATINOS (AND ALL UNDERREPRESENTED COMMUNITIES) IN THE ENTERTAINMENT INDUSTRY.

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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 $709,015

Investment Income $303

Other Revenue $873,035

TOTAL REVENUE $1,582,353

Expense Breakdown

Grants Paid $0

Salaries & Benefits $552,976

Fundraising Expenses $0

Program Expenses $1,065,057

Other Expenses $811,830

TOTAL EXPENSES $1,364,806

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,582,353	$1,167,875	+0.4%
Expenses	$1,364,806	$2,312,480	-0.4%
Net Income	$217,547	$-1,144,605	-1.2%

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

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

$81,693

Total Directors

$81,693

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GILBERT SMITH	Chairman	40.00	Officer Director	$81,693	$0	$81,693
RICARDO ORTIZ-BARRETO	BOARD MEMBER	40.00	Director	$0	$0	$0
VISMAN CHOW	VICE CHAIR/TRSR	5.00	Officer Director	$0	$0	$0
ROBERT LABELLE	BOARD MEMBER	5.00	Director	$0	$0	$0
RICK TELLES	Secretary	5.00	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	$1,582,353	$1,364,806	$2,628,861	$217,547
2023	$1,167,875	$2,312,480	$2,115,512	$-1,144,605
2022	$1,493,771	$1,515,091	$2,183,966	$-21,320
2021	$1,316,785	$883,537	$2,256,897	$433,248
2020	$335,787	$728,419	$1,904,666	$-392,632
2019	$1,572,042	$1,541,188	$2,050,840	$30,854
2018	$1,213,549	$1,448,157	$2,026,284	$-234,608

THE RICARDO MONTALBAN FOUNDATION INC