Futuro Communities 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

1999

Legal Domicile

Principal Officer

MELISSA PULIDO

Phone

8302786817

Tax Period

2017-10-01 to 2018-09-30

Futuro Communities Inc, founded in 1999, is a micro nonprofit that reported $20K in total revenue in fiscal year 2017. Revenue decreased 14% compared to the prior year. Expenses of $134K exceeded revenue, resulting in a 559% operating deficit.

Mission

Futuro's main focus is to implement a five-county strategic plan which includes regional job

Program Service Accomplishments

Program 1

Expenses: $-39,483 Revenue: $20,306

FUTURO'S ACCOMPLISHMENTS INCLUDE DEVELOPING IMPLEMENTATION PLANS IN SOUTH TEXAS FOR THE PURPOSE OF DEVELOPING AFFORDABLE HOUSING AND FOR CONSTRUCTION OF AN EDUCATIONAL CENTER.

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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 (2017)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $20,406

Other Revenue $0

TOTAL REVENUE $20,406

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,534

Fundraising Expenses $0

Program Expenses $-39,483

Other Expenses $92,943

TOTAL EXPENSES $134,477

Year-over-Year Comparison

	2017	2016	Change
Revenue	$20,406	$23,692	-0.1%
Expenses	$134,477	$76,708	+0.8%
Net Income	$-114,071	$-53,016	+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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ORGANIZATION IS CLOSING DOWN	There is no active board.	0.00	Director	$0	$0	$0
MELISSA PULIDO	Director	40.00		$37,521	$0	$37,521

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
2018	$20,406	$134,477	$1,438,806	$-114,071