Raices Cultural Art Association LTD (EIN 464445678) - 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

Jonathan Cabrera

Tax Period

2023-01-01 to 2023-12-31

Raices Cultural Art Association LTD, founded in 2013, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $14K in total revenue in fiscal year 2023. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $17K exceeded revenue, resulting in a 27% operating deficit.

Mission

The Corporation is formed for the charitable purpose of promoting the cultural and folkloric diversity of NYC through education and developing the general public in cultural and folkloric dance 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 (2023)

Revenue Breakdown

Contributions & Grants $13,643

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $13,643

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $17,361

TOTAL EXPENSES $17,361

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,643	$67,734	-0.8%
Expenses	$17,361	$59,964	-0.7%
Net Income	$-3,718	$7,770	-1.5%

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

N/A

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
Jonathan Cabrera	Chairman-President	001.00	Director	$0	$0	$0
Amanda Cardona	Sec / Treas	001.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$13,643	$17,361	$4,998	$-3,718
2022	$67,734	$59,964	$8,716	$7,770
2021	$63,401	$62,854	$946	$547
2020	$14,427	$14,427	$1,069	No data
2019	$9,051	$8,513	$683	$538
2018	$1,240	$1,203	$145	$37

Raices Cultural Art Association LTD