Hispanic American Business Association of NE FL (EIN 593125580) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

Monica Hernandez

Phone

3525537987

Tax Period

2024-01-01 to 2024-12-31

Hispanic American Business Association of NE FL, founded in 1992, is a small nonprofit that reported $105K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $165K exceeded revenue, resulting in a 57% operating deficit.

Mission

To positively impact the regional economy by creating value, promoting and facilitating the success of Hispanic-owned businesses and by engaging the community at large.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $108,932

Program Service Revenue $0

Investment Income $1,274

Other Revenue $-5,418

TOTAL REVENUE $104,788

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $151,156

Other Expenses $164,910

TOTAL EXPENSES $164,910

Year-over-Year Comparison

	2024	2023	Change
Revenue	$104,788	$138,463	-0.2%
Expenses	$164,910	$185,665	-0.1%
Net Income	$-60,122	$-47,202	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Leon Carrero	Director	002.00	Director	$0	$0	$0
Beatrice Chandler	Director	002.00	Director	$0	$0	$0
Sabrina Marcos Smith	Director	002.00	Director	$0	$0	$0
Nelson Hernandez	Director	003.00	Director	$0	$0	$0
Monica Hernandez	President and CEO	010.00	Officer	$0	$0	$0
Wilfredo Gonzalez	Chairman	003.00	Officer	$0	$0	$0
Sandy Martin	Vice-Chair	003.00	Officer	$0	$0	$0
MIchelle Kaplafka	Secretary	003.00	Officer	$0	$0	$0
Eric Garcia	Treasurer	003.00	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
2025	No data	No data	No data	No data
2024	$104,788	$164,910	$8,354	$-60,122
2023	$138,463	$185,665	$54,236	$-47,202
2022	$124,875	$122,140	$93,103	$2,735
2021	$91,073	$84,440	$89,337	$6,633
2020	$55,060	$58,142	$81,359	$-3,082
2019	$70,957	$85,664	$56,002	$-14,707
2018	$43,355	$80,110	$68,721	$-36,755

Hispanic American Business Association of NE FL