MAESTRO CARES FOUNDATION

EIN: 453706112 501(c)(3) International Affairs

CHICAGO, IL

Total Revenue
$5,983,163
Total Expenses
$5,252,951
Total Assets
$11,982,389
Net Assets
$9,544,348
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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
IL
Principal Officer
HENRY CARDENAS
Phone
3129807788
Tax Period
2023-01-01 to 2023-12-31

MAESTRO CARES FOUNDATION, founded in 2011, is a community nonprofit in the International Affairs sector that reported $6.0M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $5.3M left a modest 12% surplus.

Mission

MAESTRO CARES FOUNDATION IMPROVES THE QUALITY OF LIFE OF DISADVANTAGED CHILDREN AND COMMUNITIES IN LATIN AMERICA AND THE UNITED STATES. WE DO SO BY PROVIDING HOUSING, EDUCATIONAL PROGRAMMING AND THE ESSENTIAL RESOURCES TO SUPPORT THEIR GROWTH AND DEVELOPMENT. THROUGH OUR EFFORTS, WE ARE STRENGTHENING COMMUNITIES AND HELPING CHILDREN BECOME TOMORROW'S LEADERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,080,165
Program Service Revenue $0
Investment Income $175,584
Other Revenue $-272,586
TOTAL REVENUE $5,983,163

Expense Breakdown

Grants Paid $2,064,913
Salaries & Benefits $748,762
Fundraising Expenses $456,396
Program Expenses $3,880,740
Other Expenses $2,439,276
TOTAL EXPENSES $5,252,951

Year-over-Year Comparison

2023 2022 Change
Revenue $5,983,163 $7,139,999 -0.2%
Expenses $5,252,951 $4,405,967 +0.2%
Net Income $730,212 $2,734,032 -0.7%
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

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Governance

Voting Members
8
Independent Members
8
Employees
15
Volunteers
8

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HENRY CARDENAS CHAIRMAN 20.00
Officer Director
$0 $0 $0
MARCO ANTONIO MUNIZ VICE CHAIRMAN 10.00
Officer Director
$0 $0 $0
ELENA SOTOMAYOR SECRETARY 10.00
Officer Director
$0 $0 $0
PETER AMARO TREASURER 10.00
Officer Director
$0 $0 $0
FELIPE PIMENTO DIRECTOR 2.00
Director
$0 $0 $0
BIGRAM ZAYAS DIRECTOR 2.00
Director
$0 $0 $0
ROBERT UNANUE DIRECTOR 2.00
Director
$0 $0 $0
AMALIA GOMEZ-MICONE DIRECTOR 2.00
Director
$0 $0 $0
ZAYDA CARDENAS EXECUTIVE DIRECTOR 40.00
Highest
$141,612 $0 $141,612
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 $5,983,163 $5,252,951 $11,982,389 $730,212
2022 $7,139,999 $4,405,967 $10,258,565 $2,734,032
2021 $3,094,225 $2,524,814 $6,243,515 $569,411
2020 $1,481,025 $1,577,896 $5,588,206 $-96,871
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