CENTER FOR HAITIAN STUDIES INC (EIN 650136723) - Form 990 Financial Analysis & Trantor Score

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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

1989

Legal Domicile

Principal Officer

LAURINUS PIERRE

Tax Period

2023-01-01 to 2023-12-31

CENTER FOR HAITIAN STUDIES INC, founded in 1989, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

PROVIDE CLINICAL, EDUCATION, OUTREACH AND COUNSELLING TO HAITIAN COMMUNITY OF MIAMI-DADE COUNTY, FLORIDA.

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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 $1,016,355

Program Service Revenue $0

Investment Income $0

Other Revenue $12,206

TOTAL REVENUE $1,028,561

Expense Breakdown

Grants Paid $0

Salaries & Benefits $611,738

Fundraising Expenses $0

Program Expenses $868,437

Other Expenses $483,618

TOTAL EXPENSES $1,095,356

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,028,561	$1,090,844	-0.1%
Expenses	$1,095,356	$1,173,699	-0.1%
Net Income	$-66,795	$-82,855	-0.2%

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
ELIZABETH GREIG	MEMBER	7.00	Director	$0	$0	$0
LEONIE MARIE HERMANTIN	MEMBER	7.00	Director	$0	$0	$0
ANGELO E GOUSSE	MEMBER	7.00	Director	$0	$0	$0
BARTH A GREEN	MEMBER	7.00	Director	$0	$0	$0
PRINCE C SMITH	MEMBER	7.00	Director	$0	$0	$0
STEPHEN SYMES	MEMBER	7.00	Director	$0	$0	$0
CARMEUS JACOB	MEMBER	11.00	Director	$0	$0	$0
RICHARD PARRISH	MEMBER	7.00	Director	$0	$0	$0
DIDI BERTRAND	MEMBER	7.00	Director	$0	$0	$0
JEAN-MICHEL CETOUTE	TREASURER	7.00	Director	$0	$0	$0
J BRYAN PAGE	CHAIRMAN	11.00	Director	$0	$0	$0
PIERRE R BLEMUR MD	MEMBER	7.00	Director	$0	$0	$0
JENNY DRICE	MEMBER	9.00	Director	$0	$0	$0
MICHEL DODARD	MEMBER	7.00	Director	$0	$0	$0
DEV D DABAS	MEMBER	7.00	Director	$0	$0	$0
LAURINUS PIERRE	MEMBER	11.00	Officer 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
2024	No data	No data	No data	No data
2023	$1,028,561	$1,095,356	$1,194,698	$-66,795
2022	$1,090,844	$1,173,699	$1,222,464	$-82,855
2021	$567,600	$575,134	$1,264,965	$-7,534
2020	$502,226	$457,958	$1,264,895	$44,268
2019	$1,386,004	$1,128,582	$1,254,360	$257,422
2018	$1,538,916	$825,743	$978,325	$713,173

CENTER FOR HAITIAN STUDIES INC