CENTRAL AMERICAN RESOURCE CENTER

EIN: 521271888 501(c)(3)

WASHINGTON, DC

Total Revenue
$2,822,577
Total Expenses
$2,662,368
Total Assets
$2,660,394
Net Assets
$2,360,590
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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
1982
Legal Domicile
DC
Principal Officer
ABEL NUNEZ
Phone
2023289799
Tax Period
2023-01-01 to 2023-12-31

CENTRAL AMERICAN RESOURCE CENTER, founded in 1982, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $2.7M left a modest 6% surplus.

Mission

TO FOSTER THE COMPREHENSIVE DEVELOPMENT OF THE LATINO POPULATION/COMMUNITY IN THE WASHINGTON METROPOLITAN REGION BY PROVIDING DIRECT SERVICES WHILE PROMOTING GRASSROOTS EMPOWERMENT, CIVIL ENGAGEMENT, AND HUMAN RIGHTS ADVOCACY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,555,799
Program Service Revenue $266,234
Investment Income $0
Other Revenue $544
TOTAL REVENUE $2,822,577

Expense Breakdown

Grants Paid $7,299
Salaries & Benefits $1,755,527
Fundraising Expenses $61,563
Program Expenses $2,173,649
Other Expenses $899,542
TOTAL EXPENSES $2,662,368

Year-over-Year Comparison

2023 2022 Change
Revenue $2,822,577 $3,938,889 -0.3%
Expenses $2,662,368 $2,756,585 0.0%
Net Income $160,209 $1,182,304 -0.9%
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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Governance

Voting Members
12
Independent Members
12
Employees
30
Volunteers
200

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
5
$113,419
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELECIO EDUARDO RIVERA PRESIDENT 3.00
Officer Director
$0 $0 $0
ROSEMARIE SALGUERO VICE-PRESIDENT 3.00
Officer Director
$0 $0 $0
KIRSTEN E KEATING SECRETARY 3.00
Officer Director
$0 $0 $0
GABRIELA COLOCHO TREASURER 3.00
Officer Director
$0 $0 $0
RICARDO E CAMPOS BOARD MEMBER 1.00
Director
$0 $0 $0
ALICIA CRIADO HAMPSHIRE BOARD MEMBER 1.00
Director
$0 $0 $0
JORGE GRANADOS BOARD MEMBER 1.00
Director
$0 $0 $0
ANA HELENA ALVAREZ BOARD MEMBER 1.00
Director
$0 $0 $0
ROY MCALLISTER BOARD MEMBER AS OF MARCH 1.00
Director
$0 $0 $0
ANA PATRICIA RODRIGUEZ PHD BOARD MEMBER 1.00
Director
$0 $0 $0
REXANAH P WYSE ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
ALBERTO ZEGADA BOARD MEMBER 1.00
Director
$0 $0 $0
ABEL NUNEZ EXECUTIVE DIRECTOR 40.00
Officer
$103,101 $10,318 $113,419
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 No data No data No data No data
2023 $2,822,577 $2,662,368 $2,660,394 $160,209
2022 $3,938,889 $2,756,585 $2,490,602 $1,182,304
2021 $1,697,926 $1,516,380 $1,335,314 $181,546
2020 $1,498,463 $1,371,828 $1,322,630 $126,635
2019 $1,132,803 $1,120,997 $987,564 $11,806
2018 $1,140,361 $1,203,265 $950,505 $-62,904
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