CONQUISTADOR HISTORICAL FOUNDATION

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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

1939

Legal Domicile

Principal Officer

GUS SOKOS

Phone

9417471998

Tax Period

2023-07-01 to 2024-06-30

CONQUISTADOR HISTORICAL FOUNDATION, founded in 1939, is a small nonprofit that reported $111K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $40K, a strong 36% operating margin.

Mission

THE CONQUISTADOR HISTORICAL FOUNDATION SPONSORS HISTORICAL AND EDUCATIONAL OPPORTUNITIES FOR THE COMMUNITY TO LEARN MORE ABOUT THE LOCAL HERITAGE. IT ALSO SERVES TO PROMOTE AN APPRECIATION OF SPANISH AND AMERICAN HISTORICAL AND CULTURAL ALLIANCES.

Program Service Accomplishments

Program 1

Expenses: $58,223 Revenue: $59,760

THE CONQUISTADOR HISTORICAL FOUNDATION WAS CREATED FOR CHARITABLE, LITERACY AND EDUCATIONAL PURPOSES. THE OBJECTIVE OF THE CORPORATION IS TO INVESTIGATE AND STUDY THE HISTORY OF THE SPANISH EXPLORER HERNANDO DESOTO AND HIS HISTORIC LANDING IN MANATEE COUNTY, FLORIDA AND, IN DOING SO, TO PRESERVE THE HISTORIC TRADITIONS OF THE PAST. THE CONQUISTADOR HISTORICAL FOUNDATION ESTABLISHED THE HERNANDO DESOTO HISTORICAL SOCIETY, DESOTO HERITAGE FESTIVAL AND THE ARTHUR E. CAMPBELL MUSEUM. THE MUSEUM IS OPEN TO THE PUBLIC TUESDAY THROUGH FRIDAY, 10AM - 5PM. SEVERAL COLLABORATIVE PROGRAMS ARE IN PROCESS WITH OTHER COMMUNITY ORGANIZATIONS. AN EXCHANGE STUDENT PROGRAM WITH BARCARROTA, SPAIN (BRADENTON'S SISTER CITY) HAS EXISTED FOR OVER TWO DECADES.

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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 $59,760

Program Service Revenue $0

Investment Income $38,444

Other Revenue $13,143

TOTAL REVENUE $111,347

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $58,223

Other Expenses $31,971

TOTAL EXPENSES $71,155

Year-over-Year Comparison

	2023	2022	Change
Revenue	$111,347	$177,992	-0.4%
Expenses	$71,155	$113,882	-0.4%
Net Income	$40,192	$64,110	-0.4%

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

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
JOHN DELESLINE	BOARD MEMBER	2.00	Director	$0	$0	$0
ALLEN MORRELL	BOARD MEMBER	2.00	Director	$0	$0	$0
BILL HAHN	TREASURER	4.00	Officer	$0	$0	$0
TODD HUBBARD	SECRETARY	4.00	Officer	$0	$0	$0
SCOTT MONROE	HERNANDO	2.00	Officer	$0	$0	$0
RICK PARCELS	CHAIR	2.00	Officer	$0	$0	$0
BOB RICHARDSON	PRESIDENT EL	4.00	Officer	$0	$0	$0
DENNIS ROMANO	PRESIDENT	4.00	Officer	$0	$0	$0
GUS SOKOS	COO	6.00	Officer	$0	$0	$0
WALTER SOWA	VICE CHAIR	4.00	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	$111,347	$71,155	$1,637,047	$40,192
2023	$177,992	$113,882	$1,548,757	$64,110
2022	$114,008	$77,875	$1,436,916	$36,133
2021	$80,698	$75,610	$1,525,820	$5,088
2020	$140,899	$108,753	$1,405,906	$32,146