Unidad of Miami Beach Inc (EIN 650584874) - 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

1993

Legal Domicile

Principal Officer

Victor M Diaz Jr

Phone

3058670051

Tax Period

2023-10-01 to 2024-09-30

Unidad of Miami Beach Inc, founded in 1993, is a small nonprofit in the Human Services sector that reported $592K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $115K, a strong 19% operating margin.

Mission

Unidad is a community based organization that serves as a social service, educational and cultural affairs organization on behalf of the residents of Miami Beach in service of the welfare of the entire city, with a special emphasis on the Hispanic population.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $560,205

Program Service Revenue $0

Investment Income $12,170

Other Revenue $19,498

TOTAL REVENUE $591,873

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,233

Fundraising Expenses $0

Program Expenses $463,719

Other Expenses $359,252

TOTAL EXPENSES $476,485

Year-over-Year Comparison

	2023	2022	Change
Revenue	$591,873	$526,598	+0.1%
Expenses	$476,485	$488,831	0.0%
Net Income	$115,388	$37,767	+2.1%

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

Volunteers

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
Maria Elena Saboya	Director	2.00	Director	$0	$0	$0
Elsa Urquiza	Director	2.00	Director	$0	$0	$0
Matti Herrera Bower	Director	2.00	Director	$0	$0	$0
Victor M Diaz Jr	President	10.00	Officer	$0	$0	$0
Manon Hernandez	Secretary	2.00	Officer	$0	$0	$0
Jorge Rodriguez	Treasurer	2.00	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
2024	$591,873	$476,485	$901,324	$115,388
2023	$526,598	$488,831	$745,951	$37,767
2022	$430,446	$451,753	$726,353	$-21,307
2021	$434,146	$412,984	$703,584	$21,162
2020	$425,385	$322,807	$5,371,248	$102,578
2019	$735,694	$750,235	$5,243,343	$-14,541
2018	$327,810	$673,724	$5,263,397	$-345,914

Unidad of Miami Beach Inc