ILLINOIS HISPANIC CC FOUNDATION

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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

2011

Legal Domicile

Principal Officer

ARABEL ALVA ROSALES

Phone

3124259500

Tax Period

2024-01-01 to 2024-12-31

ILLINOIS HISPANIC CC FOUNDATION, founded in 2011, is a small nonprofit in the Human Services sector that reported $110K in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring.

Mission

DEVELOP AND PROVIDE BUSINESS, ECONOMIC DEVELOPMENT AND EDUCATIONAL PROGRAMS TO ENTREPRENEURS.

Program Service Accomplishments

Program 1

Expenses: $112,000

THE ILLINOIS HISPANIC CHAMBER OF COMMERCE FOUNDATION THROUGH THE CENTER FOR HISPANIC ENTREPRENEURSHIP, PROVIDES BUSINESS ECONOMIC DEVELOPMENT, AND EDUCATIONAL PROGRAMS THAT ENHANCE BUSINESS PRACTICES AND INCREASE THE SUCCESS OF SMALL BUSINESS OWNERS, WITH A FOCUS ON HISPANIC ENTRPRENEURS. THE GOAL OF THESE ACTIVITIES IS TO PROVIDE OPPORTUNITIES TO HISTORICALLY MARGINALIZED AND LOW AND MODERATE INCOME COMMUNITIES TO CREATE BETTER ECONOMIC OUTCOMES THROUGH BUSINESS OWNERSHIP.

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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 $110,200

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $110,200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $112,000

Other Expenses $113,823

TOTAL EXPENSES $113,823

Year-over-Year Comparison

	2024	2023	Change
Revenue	$110,200	$182,200	-0.4%
Expenses	$113,823	$231,630	-0.5%
Net Income	$-3,623	$-49,430	-0.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GUILLERMO GARCIA	TREAS	N/A	Director	$0	$0	$0
JOHN TROTTA	BOARD DIRECT	N/A	Director	$0	$0	$0
ARABEL ALVA ROSALES	PRESIDENT &	N/A	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	$110,200	$113,823	$101,471	$-3,623
2023	$182,200	$231,630	$125,094	$-49,430
2022	$119,564	$25,292	$163,024	$94,272
2021	$114,550	$457,266	$70,610	$-342,716
2019	$125,439	$33,341	$118,965	$92,098
2018	$77,095	$154,083	$25,997	$-76,988