EXITO 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

2005

Legal Domicile

Principal Officer

PAUL MAGALLANEZ

Phone

6026871000

Tax Period

2022-01-01 to 2022-12-31

EXITO INC, founded in 2005, is a small nonprofit in the Human Services sector that reported $141K in total revenue in fiscal year 2022. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $1.6M exceeded revenue, resulting in a 1062% operating deficit.

Mission

THE CORPORATION WILL SERVE AND PRIMARILY BENEFIT THE HISPANIC COMMUNITY IN THE STATE OF ARIZONA THROUGH PARTICIPATION IN THE ACQUISITION, OWNERSHIP, LEASING AND MANAGEMENT OF REAL ESTATE AND RELATED INVESTMENTS IN CONNECTION WITH PROVIDING HOUSING AND COMMUNITY AND ECONOMIC DEVELOPMENT OPPORTUNITIES TO SERVICE-BASED ORGANIZATIONS DEDICATED TO PROMOTING SOCIAL SERVICES AND THE BEHAVIORAL HEALTH AND WELL BEING OF FAMILIES AND INDIVIDUALS.

Program Service Accomplishments

Program 1

Expenses: $1,517,293 Revenue: $65,824

COMMERCIAL RENTAL PROGRAM

Program 2

Expenses: $96,529 Revenue: $75,016

NEIGHBORHOOD STABILIZATION PROGRAM

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $140,840

Investment Income $5

Other Revenue $0

TOTAL REVENUE $140,845

Expense Breakdown

Grants Paid $1,421,221

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,613,822

Other Expenses $215,631

TOTAL EXPENSES $1,636,852

Year-over-Year Comparison

	2022	2021	Change
Revenue	$140,845	$320,409	-0.6%
Expenses	$1,636,852	$407,129	+3.0%
Net Income	$-1,496,007	$-86,720	+16.3%

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

N/A

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
RANDY DELGADO PART YEAR	CHAIRMAN	0.50	Officer Director	$0	$0	$0
NICOLAS R RODRIGUEZ	VICE CHAIRMAN	0.50	Officer Director	$0	$0	$0
EDWARD CELAYA	SECRETARY	0.50	Officer Director	$0	$0	$0
KURT SHEPPARD	PRESIDENT/DIRECTOR	0.50	Director	$0	$0	$0
ART RUIZ	DIRECTOR	0.50	Director	$0	$0	$0
ANDREW MESQUITA	DIRECTOR	0.50	Director	$0	$0	$0
PAUL MAGALLANEZ PART YEAR	CHAIRMAN	0.50	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
2022	$140,845	$1,636,852	$1,472,441	$-1,496,007
2021	$320,409	$407,129	$6,106,180	$-86,720
2020	$376,636	$409,109	$6,258,397	$-32,473
2019	$46,407	$127,211	$6,383,690	$-80,804
2018	$41,103	$136,068	$6,509,538	$-94,965