FARMWORKERS SELF-HELP 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

1982

Legal Domicile

Principal Officer

MARGARITA ROMO

Phone

3525671432

Tax Period

2023-01-01 to 2023-12-31

FARMWORKERS SELF-HELP INC, founded in 1982, is a small nonprofit in the Human Services sector that reported $224K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $291K exceeded revenue, resulting in a 30% operating deficit.

Mission

LOW INCOME FAMILY ASSISTANCE

Program Service Accomplishments

Program 1

Expenses: $246,324

THE ORGANIZATION PROVIDES LOW OR NO COST CLOTHING AND FREE FOOD TO UNDERPRIVILEGED INDIVIDUALS THROUGH A THRIFT SHOP AND FOOD PANTRY. IMMIGRATION AND SOCIAL SERVICES ARE ALSO PROVIDED TO THE...

THE ORGANIZATION PROVIDES LOW OR NO COST CLOTHING AND FREE FOOD TO UNDERPRIVILEGED INDIVIDUALS THROUGH A THRIFT SHOP AND FOOD PANTRY. IMMIGRATION AND SOCIAL SERVICES ARE ALSO PROVIDED TO THE UNDERPERIVILEGED. TRAINING IS PROVIDED TO PROMOTE SELF-ESTEEM, BUSINESS SKILLS, AND EDUCATION. FINANCIAL AND HEALTH PROGRAMS, AND EDUCATIONAL SCHOLARSHIPS ARE ALSO PROVIDED. THE ORGANIZATION FOCUSES ITS ASSISTANCE ON FARMWORKERS AND OTHER RURAL POOR. FARMWORKERS SELF-HELP WAS FOUNDED IN 1982 WITH A MISSION TO EDUCATE AND EMPOWER IMMIGRANT MEXICAN AND MEXICAN-AMERICAN MIGRANT FARMWORKERS, ALONG WITH FORMER FARMWORKERS AND OTHER OPPRESSED AND POVERTY-ENTRAPPED GROUPS IN SOUTHWEST FLORIDA THROUGH COMMUNITY ORGANIZING. THE ORGANIZATION ADDRESSES DISCRIMINATORY AND OPPRESSIVE POLICIES AND PRACTICES THAT ADVERSELY AFFECT ITS COMMUNITY, PARTICULARLY WOMEN AND YOUTH. THE ORGANIZATION OFFERS A HOLISTIC COMBINATION OF PROGRAMS THAT FACILITATE SELF-DEVELOPMENT AND PROMOTE SOCIAL CHANGE. SEE ALSO STATEMENT 9.

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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 $217,388

Program Service Revenue $6,401

Investment Income $238

Other Revenue $0

TOTAL REVENUE $224,027

Expense Breakdown

Grants Paid $44,574

Salaries & Benefits $147,823

Fundraising Expenses $15,889

Program Expenses $246,324

Other Expenses $98,613

TOTAL EXPENSES $291,010

Year-over-Year Comparison

	2023	2022	Change
Revenue	$224,027	$158,726	+0.4%
Expenses	$291,010	$186,594	+0.6%
Net Income	$-66,983	$-27,868	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSE AMATECO	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
EVELYN BEARDEN	DIRECTOR	N/A	Director	$0	$0	$0
JEREMY EDWARDS	ASSISTANT TR	N/A	Officer Director	$0	$0	$0
ROSA GARCIA	SECRETARY	N/A	Officer Director	$0	$0	$0
JUANITA GONZALEZ	TREASURER	N/A	Officer Director	$0	$0	$0
GUILLERMINA SIMMONS	PRESIDENT	N/A	Officer Director	$0	$0	$0
KAREN WOODALL	DIRECTOR	N/A	Director	$0	$0	$0
MARGARITA ROMO	EXEC. DIRECT	N/A	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
2024	No data	No data	No data	No data
2023	$224,027	$291,010	$200,460	$-66,983
2022	$158,726	$186,594	$265,777	$-27,868
2021	$200,651	$217,335	$293,185	$-16,684
2020	$210,800	$174,352	$311,933	$36,448