Latino Advocacy Coalition of Henderson County Inc (EIN 562267574) - 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

2001

Legal Domicile

Principal Officer

ANGIE PENA

Phone

8282907134

Tax Period

2023-01-01 to 2023-12-31

Latino Advocacy Coalition of Henderson County Inc, founded in 2001, is a micro nonprofit in the Human Services sector that reported $62K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $68K exceeded revenue, resulting in a 10% operating deficit.

Mission

THE PURPOSE OF THE LATINO ADVOCACY COALITION IS TO ADVOCATE FOR THE WELLBEING OF THE LATINO COMMUNITY IN HENDERSON COUNTY NORTH CAROLINA

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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 $48,668

Program Service Revenue $9,841

Investment Income $0

Other Revenue $3,550

TOTAL REVENUE $62,059

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,555

Fundraising Expenses $0

Program Expenses $54,290

Other Expenses $50,886

TOTAL EXPENSES $68,441

Year-over-Year Comparison

	2023	2022	Change
Revenue	$62,059	$145,670	-0.6%
Expenses	$68,441	$128,045	-0.5%
Net Income	$-6,382	$17,625	-1.4%

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

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
ANGIE PENA	CHAIR	10.00	Officer	$0	$0	$0
NANCY DIAZ	SECRETARY	2.000	Officer	$0	$0	$0
TERRELL BROWN	TREASURER	2.000	Officer	$0	$0	$0
BELEM SOLANO	Member	1.000	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
2023	$62,059	$68,441	$194,308	$-6,382
2022	$145,670	$128,045	$187,424	$17,625
2021	$190,956	$215,658	$236,198	$-24,702
2020	$230,949	$154,891	$266,706	$76,058
2019	$108,157	$107,952	$195,627	$205
2018	$327,813	$358,732	$245,931	$-30,919

Latino Advocacy Coalition of Henderson County Inc