Filipino Migrant Center (EIN 320308477) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

Catherine Joaquin

Phone

5626764414

Tax Period

2023-01-01 to 2023-12-31

Filipino Migrant Center, founded in 2010, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 127% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 67% operating margin.

Mission

We will work for an empowered Filipino community actively engaged in the movement for local and global justice. Continued on the top of page 2

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,939,059

Program Service Revenue $10,538

Investment Income $17

Other Revenue $-4,831

TOTAL REVENUE $1,944,783

Expense Breakdown

Grants Paid $10,960

Salaries & Benefits $518,154

Fundraising Expenses $81,090

Program Expenses $368,195

Other Expenses $119,640

TOTAL EXPENSES $648,754

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,944,783	$856,909	+1.3%
Expenses	$648,754	$806,142	-0.2%
Net Income	$1,296,029	$50,767	+24.5%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$71,489

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Romeo Hebron Jr	Exec Director	40.00	Officer	$58,158	$13,331	$71,489
Catherine Joaquin	President	3.00	Officer Director	$0	$0	$0
Therese Cervas	Treasurer	2.00	Officer Director	$0	$0	$0
Andrew Boral	Board Member	1.00	Director	$0	$0	$0
Whelma Cabanawan	Board Member	1.00	Director	$0	$0	$0
Shiu-Ming Cheer	Board Member	1.00	Director	$0	$0	$0
Joselyn De Guzman	Board Member	1.00	Director	$0	$0	$0
Mary Ochs	Board Member	1.00	Director	$0	$0	$0
Angelica Tan	Board Member	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	No data	No data	No data	No data
2023	$1,944,783	$648,754	$2,219,464	$1,296,029
2022	$856,909	$806,142	$923,887	$50,767
2021	$894,863	$515,047	$878,190	$379,816
2020	$455,319	$410,165	$487,952	$45,154
2019	$383,593	$228,400	$440,015	$155,193
2018	$241,843	$140,308	$287,335	$101,535

Filipino Migrant Center