SOUTHERNLATINO FOUNDATION INC

EIN: 582585130 501(c)(3)

DACULA, GA

Total Revenue
$345,980
Total Expenses
$296,890
Total Assets
N/A
Net Assets
N/A
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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
GA
Principal Officer
RAY ORTEGA
Phone
4045510969
Tax Period
2020-01-01 to 2020-12-31

SOUTHERNLATINO FOUNDATION INC, founded in 2005, is a small nonprofit that reported $346K in total revenue in fiscal year 2020. Revenue decreased 14% compared to the prior year. Expenses of $297K left a modest 14% surplus.

Mission

The purpose is to provide assistence to Hispanic College Students that have been admitted to college and universities.

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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 $345,980
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $345,980

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $296,890
TOTAL EXPENSES $296,890

Year-over-Year Comparison

2020 2019 Change
Revenue $345,980 $401,000 -0.1%
Expenses $296,890 $279,000 +0.1%
Net Income $49,090 $122,000 -0.6%
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
1
Independent Members
1
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAFAEL ORTEGA PRESIDENT 45
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 $345,980 $296,890 No data $49,090
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