EL MUNDO DEL FLAMENCO INC

EIN: 571196732 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$223,734
Total Expenses
$224,932
Total Assets
$83,770
Net Assets
$40,976
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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
NY
Principal Officer
JORGE NAVARRO
Phone
9176672695
Tax Period
2019-01-01 to 2019-12-31

EL MUNDO DEL FLAMENCO INC, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $224K in total revenue in fiscal year 2019.

Mission

PRESERVE THE TRADITIONS OF FLAMENCO WHILE ALSO EVOLVING FALMENCO AND AN ART FORM. AND PROMOTE FLAMENCO MUSIC, DANCE AND CULTURE.

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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 (2019)

Revenue Breakdown

Contributions & Grants $5,000
Program Service Revenue $218,734
Investment Income $0
Other Revenue $0
TOTAL REVENUE $223,734

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,200
Fundraising Expenses $0
Program Expenses $224,932
Other Expenses $195,732
TOTAL EXPENSES $224,932

Year-over-Year Comparison

2019 2018 Change
Revenue $223,734 $227,722 0.0%
Expenses $224,932 $228,312 0.0%
Net Income $-1,198 $-590 +1.0%
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
6
Independent Members
N/A
Employees
1
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
1
$26,994
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JORGE NAVARRO PRESIDENT 60.00
Officer
$26,994 $0 $26,994
ANTONIO HIDALGO ARTISTIC DIR 5.00
Director
$0 $0 $0
MARIA LARRAGUIBEL EDUCATION CO 4.00
Director
$0 $0 $0
TAMARA FLORAN TREASURER 4.00
Director
$0 $0 $0
ANTONIO GAMBOA MARKETING DI 3.00
Director
$0 $0 $0
GIOVANNA SCAPIN EDUCATIONAL 3.00
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
2019 $223,734 $224,932 $83,770 $-1,198
2018 $227,722 $228,312 $84,612 $-590
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