INTERNATIONAL LATINO CULTURAL CENTER OF CHICAGO (EIN 363580462) - 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

1987

Legal Domicile

Principal Officer

JOSE A VARGAS

Phone

3124311330

Tax Period

2024-07-01 to 2025-06-30

INTERNATIONAL LATINO CULTURAL CENTER OF CHICAGO, founded in 1987, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 21% operating deficit.

Mission

DEVELOP, PROMOTE AND INCREASE AWARENESS OF LATINO CULTURES AMONG LATINO COMMUNITIES THROUGH FILM AND VIDEO EVENTS, EDUCATION AND OTHER ART FORMS

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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 $959,172

Program Service Revenue $110,461

Investment Income $8,480

Other Revenue $155

TOTAL REVENUE $1,078,268

Expense Breakdown

Grants Paid $119,825

Salaries & Benefits $283,358

Fundraising Expenses $0

Program Expenses $717,781

Other Expenses $903,896

TOTAL EXPENSES $1,307,079

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,078,268	$1,491,256	-0.3%
Expenses	$1,307,079	$1,611,541	-0.2%
Net Income	$-228,811	$-120,285	+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

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

$208,479

Total Directors

$104,375

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSE A VARGAS	EXECUTIVE DIRECTOR	40.00	Officer Director	$104,375	$0	$104,375
MATTHEW MULCAHY	DEPUTY EXECUTIVE DIRECTOR	40.00	Officer	$104,104	$0	$104,104
NANCY ALONSO	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MIKE ANGELL	SECRETARY	1.00	Officer Director	$0	$0	$0
JONATHAN LOPEZ	TREASURER	1.00	Officer Director	$0	$0	$0
JOSE R SANCHEZ	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL FOSTER	DIRECTOR	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
2025	$1,078,268	$1,307,079	$366,848	$-228,811
2024	No data	No data	No data	No data
2024	$1,491,256	$1,611,541	$627,918	$-120,285
2023	$514,626	$839,163	$783,722	$-324,537
2023	No data	No data	No data	No data
2022	$1,398,672	$831,301	$1,122,276	$567,371
2021	$1,040,320	$599,654	$476,518	$440,666
2020	$192,145	$404,798	$372,123	$-212,653
2019	$1,169,233	$1,031,788	$194,724	$137,445
2018	$1,077,706	$1,042,321	$104,454	$35,385

INTERNATIONAL LATINO CULTURAL CENTER OF CHICAGO