ILUMNO FOUNDATION INC

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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

2016

Legal Domicile

Principal Officer

ANDRES NUNEZ ALVAREZ

Phone

3059034551

Tax Period

2018-01-01 to 2018-12-31

ILUMNO FOUNDATION INC, founded in 2016, is a small nonprofit that reported $250K in total revenue in fiscal year 2018. Expenses of $296K exceeded revenue, resulting in a 18% operating deficit.

Mission

ORGANIZATION'S MISSION: INCREASE ACCESS TO QUALITY HIGHER EDUCATION AND EXPAND KNOWLEDGE IN DEVELOPING NATIONS THE ORGANIZATION PROGRAMS PROMOTE THE ACADEMIC STRENGHTENING AND DEVELOPMENT OF HUMAN CAPITAL

Program Service Accomplishments

Program 1

Expenses: $156,322 Revenue: $250,000

AS OF THE CLOSE OF THE YEAR THE ORGANIZATION HAS NOT STARTED WITH ITS INTENDED PROGRAMS TO PROMOTE ACADEMIC DEVELOPMENT HOWEVER, IT HAS INCURRED IN VARIOUS EDUCATIONAL PROGRAMS AND SOFTWARE EXPENSES IN PREPARATION FOR THE COMMENCEMENT OF ITS ACADEMIC DEVELOPMENT MISSION (REPORTED ON PAGE 10)

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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 (2018)

Revenue Breakdown

Contributions & Grants $250,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $250,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $54,148

Program Expenses $156,322

Other Expenses $296,021

TOTAL EXPENSES $296,021

Year-over-Year Comparison

	2018	2017	Change
Revenue	$250,000	N/A	N/A
Expenses	$296,021	$129,041	+1.3%
Net Income	$-46,021	$-129,041	-0.6%

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
ANDRES NUNEZ	PRESIDENT	10.00	Director	$0	$0	$0
DANIEL ROMERO-ABREU	SECRETARY/TREASURER	1.00	Director	$0	$0	$0
RAMIRO ALMEIDAS	VICE-PRESIDENT	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
2018	$250,000	$296,021	$27,016	$-46,021