FUTURO 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

2015

Legal Domicile

Principal Officer

Jennifer Novo

Phone

6156010783

Tax Period

2023-07-01 to 2024-06-30

FUTURO INC, founded in 2015, is a small nonprofit in the Education sector that reported $219K in total revenue in fiscal year 2023. Revenue surged 151% from the prior year, signaling strong growth momentum. The organization ran a surplus of $48K, a strong 22% operating margin.

Mission

FUTURO is a college-success professional development organization that provides structures, carrer-specific development to help students navigate their way from college to carreer.

Program Service Accomplishments

Program 1

Expenses: $72,385 Revenue: $93,332

Futuro Select 100: Professional development training college students to prepare them for the work environment

Program 2

Expenses: $39,483 Revenue: $50,908

FAST TRACK: Helping students with three semesters or less before graduation for college-to-career transition

Program 3

Expenses: $19,741 Revenue: $25,454

Futuro Leadership: Training series for Chapter Leaders, who are the leaders/representatives of Futuro on university campuses

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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 $219,010

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $219,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $104,053

Fundraising Expenses $0

Program Expenses $131,609

Other Expenses $62,171

TOTAL EXPENSES $170,837

Year-over-Year Comparison

	2023	2022	Change
Revenue	$219,010	$87,392	+1.5%
Expenses	$170,837	$98,785	+0.7%
Net Income	$48,173	$-11,393	-5.2%

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

Volunteers

100

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

$70,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
1 Jennifer Novo	Executive Officer	40.00	Officer	$70,000	$0	$70,000
2 Allison Quintanilla Plattsmier	Board Member	1.00	Director	$0	$0	$0
3 Melinda Noblitt	Board Member	1.00	Director	$0	$0	$0
4 Kavya Patel	Board Chair	1.00	Director	$0	$0	$0
5 Tanya Hernandez	Board Member	1.00	Director	$0	$0	$0
6 Allan Moreno	Vice Chair	1.00	Director	$0	$0	$0
7 Yessenia Gonzalez	Board Member	1.00	Director	$0	$0	$0
8 Jade Sampson	Board Member	1.00	Director	$0	$0	$0
9 Brianna Valdivia	Board Member	1.00	Director	$0	$0	$0
10 Karla Vazquez	Board Member	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
2024	$219,010	$170,837	$82,175	$48,173