DEERFIELD BEACH, FL
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)ALMA FINANCIAL ASSISTANCE CORP, founded in 2004, is a small nonprofit in the Human Services sector that reported $396K in total revenue in fiscal year 2022. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $382K left a modest 4% surplus.
ALMA'S MISSION IS TO PROVIDE PARTICIPANTS AND THE GENERAL PUBLIC OF PUERTO RICO WITH EDUCATION ON CONSUMER BUDGETING, CONSUMER BUYING PRACTICES AND MANAGING CONSUMER DEBT TO IMPROVE THE INDIVIDUAL'S UNDERSTANDING OF THEIR FINANCIAL PROBLEMS AND TO IMPROVE THEIR ABILITY TO ADDRESS THOSE PROBLEMS, AND TO PROVIDE DEBT COUNSELING SERVICES FOR FINANCIAL DISTRESSED CONSUMERS, INCLUDING BUT NOT LIMITED TO NEGOTIATING WITH CREDITORS TO ARRANGE FOR REPAYMENT PROGRAMS.
DURING FISCAL YEAR 2022-2023, THE EFFECTS OF THE 2020 PANDEMIC OUTBREAK CONTINUED TO HAVE A DISRUPTIVE EFFECT ON THE COMMUNITY ACTIVITIES OF THE CORPORATION IN PUERTO RICO. TO COPE WITH THE...
DURING FISCAL YEAR 2022-2023, THE EFFECTS OF THE 2020 PANDEMIC OUTBREAK CONTINUED TO HAVE A DISRUPTIVE EFFECT ON THE COMMUNITY ACTIVITIES OF THE CORPORATION IN PUERTO RICO. TO COPE WITH THE RESTRICTIONS THAT WERE PUT IN PLACE DURING THE PANDEMIC AND THERE ON, FOLLOWING THE PANDEMIC THE CORPORATION CHANGED ITS COMMUNITY OUTREACH FROM IN PERSON COMMUNITY FINANCIAL EDUCATIONAL ACTIVITIES SUCH AS WORKSHOPS, SEMINARS, CLASSES, TO PROVIDING ITS FINANCIAL EDUCATION ON LINE, THROUGH EDUCATIONAL MATERIALS. THE CORPORATION HAS MADE AVAILABLE FREE EDUCATIONAL MATERIALS TO THE CONSUMERS IN PUERTO RICO THROUGH ITS WEBSITE, AND VIDEOS PLACED IN SOCIAL MEDIA. INDIVIDUAL CONSUMER COUNSELING SESSIONS HAVE BEEN MAINLY PROVIDED THROUGH TELEPHONE SESSIONS AND VIDEO CONFERENCES, TO THE CONSUMERS THAT HAVE CONTACTED THE CORPORATION FOR HELP WITH THEIR FINANCIAL SITUATIONS. ALMA'S WEBSITE EDUCATIONAL MATERIALS HAVE BEEN ACCESSED BY 1,011 NEW USERS DURING THE 2022-2023 PERIOD AND IT HAS PROVIDED FINANCIAL COUNSELING SERVICES BY TELEPHONE TO 810 CONSUMERS DURING THE SAME PERIOD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $396,022 | $761,121 | -0.5% |
| Expenses | $381,985 | $884,313 | -0.6% |
| Net Income | $14,037 | $-123,192 | -1.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RUBEN SANDOVAL | FINANCE DIRECTOR | 40.00 |
Officer
Director
|
$82,312 | $0 | $82,312 |
| ALBERTO LARREA | PRES. EXECUTIVE DIRECTOR | 40.00 |
Officer
Director
|
$105,712 | $0 | $105,712 |
| MARILYN LOPEZ DE VICTORIA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $396,022 | $381,985 | $43,343 | $14,037 |
| 2022 | $761,121 | $884,313 | $167,085 | $-123,192 |
| 2021 | $950,327 | $938,826 | $648,458 | $11,501 |
| 2020 | $1,303,018 | $1,297,751 | $819,193 | $5,267 |
| 2019 | $1,421,871 | $1,473,462 | $951,114 | $-51,591 |
| 2018 | $1,576,107 | $1,552,050 | $1,114,658 | $24,057 |
Compare ALMA FINANCIAL ASSISTANCE CORP with other nonprofits in Florida and across the country.