Haiti Cultural Exchange Inc (EIN 342034041) - 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

2005

Legal Domicile

Principal Officer

Regine Roumain

Phone

3475654429

Tax Period

2024-07-01 to 2025-06-30

Haiti Cultural Exchange Inc, founded in 2005, is a small nonprofit in the Human Services sector that reported $302K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $472K exceeded revenue, resulting in a 56% operating deficit.

Mission

The Organization supports both emerging and established artists, promotes cross-cultural exchanges and preserves the cultural heritage of the Haitian people.

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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 $292,617

Program Service Revenue $1,200

Investment Income $7,977

Other Revenue $0

TOTAL REVENUE $301,794

Expense Breakdown

Grants Paid $0

Salaries & Benefits $220,289

Fundraising Expenses $24,416

Program Expenses $398,081

Other Expenses $251,233

TOTAL EXPENSES $471,522

Year-over-Year Comparison

	2024	2023	Change
Revenue	$301,794	$484,209	-0.4%
Expenses	$471,522	$540,994	-0.1%
Net Income	$-169,728	$-56,785	+2.0%

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

$86,552

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Regine Roumain	Executive Director	35.00	Officer Highest	$86,552	$0	$86,552
Sheila Guillaume	Treasurer	0.50	Director	$0	$0	$0
Marie Flores Bridgeforth	Secretary	0.50	Director	$0	$0	$0
Magdaly Saint Juste	Chair	0.50	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
2025	$301,794	$471,522	$275,709	$-169,728
2024	$484,209	$540,994	$433,642	$-56,785
2023	$567,849	$555,853	$487,750	$11,996
2022	$703,267	$414,997	$520,551	$288,270
2021	$350,885	$280,702	$204,022	$70,183

Haiti Cultural Exchange Inc