CHEER PARENTS ASSOCIATION INC

EIN: 510598922 501(c)(3)

LAS CRUCES, NM

Total Revenue
$63,330
Total Expenses
$94,836
Total Assets
$7,785
Net Assets
$7,785
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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
2006
Legal Domicile
NM
Tax Period
2020-01-01 to 2020-12-31

CHEER PARENTS ASSOCIATION INC, founded in 2006, is a micro nonprofit that reported $63K in total revenue in fiscal year 2020. Expenses of $95K exceeded revenue, resulting in a 50% operating deficit.

Mission

OUR PROGRAM SUPPORTS ALL RELATED EXPENSES FOR COMPETITIONS SUCH AS PURCHASE OF UNIFORMS, PAYMENTS OF LOCAL STATE AND NATIONAL ENTRY FEES, AND TRAVEL EXPENSES

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $63,330
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $63,330

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $94,836
TOTAL EXPENSES $94,836

Year-over-Year Comparison

2020 2019 Change
Revenue $63,330 N/A N/A
Expenses $94,836 N/A N/A
Net Income $-31,506 N/A N/A
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

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Governance

Voting Members
4
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CECILIA ESPINO SECRETARY 12.00
Officer
$0 $0 $0
BLANCA APODACA TREASURER 12.00
Officer
$0 $0 $0
ANABEL DOMINQUEZ PRESIDENT 8.00
Officer
$0 $0 $0
CRYSTAL DOMINQUEZ VICE PRESIDENT 8.00
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
2020 $63,330 $94,836 $7,785 $-31,506
2019 $276,083 $260,007 $39,291 $16,076
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