Latin Songwriters Hall of Fame Inc (EIN 461279018) - 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

2013

Legal Domicile

Principal Officer

Betsy Perez

Tax Period

2022-01-01 to 2022-12-31

Latin Songwriters Hall of Fame Inc, founded in 2013, is a small nonprofit in the Unknown sector that reported $485K in total revenue in fiscal year 2022. Revenue surged 784% from the prior year, signaling strong growth momentum. Expenses of $582K exceeded revenue, resulting in a 20% operating deficit.

Mission

LSHOF will host events and workshops which will enable interaction between upcoming musicians and influential songwriters and composers in Latin music. Through the awarding of scholarships, LSHOF will ensure that access to these events are avaiable to worthy candidates.

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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 (2022)

Revenue Breakdown

Contributions & Grants $485,485

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $485,485

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $37,145

Program Expenses $509,008

Other Expenses $581,565

TOTAL EXPENSES $581,565

Year-over-Year Comparison

	2022	2021	Change
Revenue	$485,485	$54,930	+7.8%
Expenses	$581,565	$46,286	+11.6%
Net Income	$-96,080	$8,644	-12.1%

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
Betsy Perez	Secretary	5.00	Officer	$0	$0	$0
Dario Carnevale	Director	5.00	Officer	$0	$0	$0
Rudy Perez	Director	5.00	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	No data	No data	No data	No data
2022	$485,485	$581,565	$59,662	$-96,080
2021	$54,930	$46,286	$88,316	$8,644
2020	$80,889	$40,158	$109,671	$40,731
2019	$439,888	$352,971	$115,342	$86,917
2018	$406,470	$384,446	$66,780	$22,024

Latin Songwriters Hall of Fame Inc