FARM LABOR RESEARCH PROJECT (EIN 341329126) - 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

1981

Legal Domicile

Principal Officer

BALDEMAR VELASQUEZ

Phone

4192433456

Tax Period

2023-01-01 to 2023-12-31

FARM LABOR RESEARCH PROJECT, founded in 1981, is a small nonprofit in the Public & Societal Benefit sector that reported $588K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $663K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE MISSION OF THE FARM LABOR RESEARCH PROJECT (FLRP) D.B.A. CAMPAIGN FOR MIGRANT WORKER JUSTICE IS TO EMPOWER MIGRANT WORKER SELF-DETERMINATION THROUGH COMMUNITY ORGANIZING, EDUCATION, COMMUNITY SERVICES, RESEARCH, AND ADVOCACY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $504,128

Program Service Revenue $83,519

Investment Income $1

Other Revenue $0

TOTAL REVENUE $587,648

Expense Breakdown

Grants Paid $0

Salaries & Benefits $468,632

Fundraising Expenses $13,000

Program Expenses $549,970

Other Expenses $194,183

TOTAL EXPENSES $662,815

Year-over-Year Comparison

	2023	2022	Change
Revenue	$587,648	$399,634	+0.5%
Expenses	$662,815	$566,362	+0.2%
Net Income	$-75,167	$-166,728	-0.5%

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

N/A

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

$54,703

Total Directors

$54,703

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BALDEMAR VELASQUEZ	CHAIR	10.00	Officer Director	$18,000	$0	$18,000
JOHN BIBBISH	TREASURER	1.00	Officer Director	$0	$0	$0
MCKENZIE SWAIN	SECRETARY	40.00	Officer Director	$36,703	$0	$36,703
JOHN CURRY	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHY FARBER	BOARD MEMBER	1.00	Director	$0	$0	$0
RICK VELASQUEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
OSCAR SANCHEZ	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	$587,648	$662,815	$718,551	$-75,167
2022	$399,634	$566,362	$792,242	$-166,728
2021	$802,964	$529,693	$959,388	$273,271
2020	$684,788	$433,774	$754,383	$251,014
2019	$443,147	$492,014	$441,529	$-48,867
2018	$474,868	$503,601	$489,933	$-28,733

FARM LABOR RESEARCH PROJECT