ALAS ASSOCIATION LATINOAMERICANA D… - Form 990 Financial Data

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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

1997

Legal Domicile

Principal Officer

MANUEL ZAMUDIO

Phone

3055921119

Tax Period

2024-01-01 to 2024-12-31

ALAS ASSOCIATION LATINOAMERICANA DE SEGURIDAD INC, founded in 1997, is a small nonprofit in the Community Improvement sector that reported $616K in total revenue in fiscal year 2024. Expenses of $571K left a modest 7% surplus.

Mission

TO EDUCATE, PROMOTE AND SPREAD VALUABLE INFORMATION TO THE LATIN AMERICAN SECURITY INDUSTRY AND TO THE LATIN AMERICAN CONSUMER OF SECURITY PRODUCTS.

Program Service Accomplishments

Program 1

Expenses: $571,419 Revenue: $615,255

TO EDUCATE, PROMOTE AND SPREAD VALUABLE INFORMATION TO THE LATIN AMERICAN SECURITY INDUSTRY AND TO THE LATIN AMERICAN CONSUMER OF SECURITY PRODUCTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $289,734

Investment Income $267

Other Revenue $325,521

TOTAL REVENUE $615,522

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $571,419

Other Expenses $571,419

TOTAL EXPENSES $571,419

Year-over-Year Comparison

	2024	2023	Change
Revenue	$615,522	$583,981	+0.1%
Expenses	$571,419	$638,516	-0.1%
Net Income	$44,103	$-54,535	-1.8%

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
DIEGO MADEO	SECRETARY	2.00	Director	$0	$0	$0
PILAR GOMEZ	DIRECTOR	2.00	Director	$0	$0	$0
RICARDO PULIDO	DIRECTOR	2.00	Director	$0	$0	$0
DIEGO PAEZ	DIRECTOR	2.00	Director	$0	$0	$0
LIZ ADRIANA ALVAREZ	DIRECTOR	2.00	Director	$0	$0	$0
FABIOLA VILLAGOMEZ	DIRECTOR	2.00	Director	$0	$0	$0
ALEJANDRO VALDERRAMA	DIRECTOR	2.00	Director	$0	$0	$0
ALEX SALINAS	DIRECTOR	2.00	Director	$0	$0	$0
GERMAN SANCHEZ	DIRECTOR	2.00	Director	$0	$0	$0
KRIS HORNUNG	DIRECTOR	2.00	Director	$0	$0	$0
GIOVANNI CORDERO	DIRECTOR	2.00	Director	$0	$0	$0
ELKIN PORRAS	DIRECTOR	2.00	Director	$0	$0	$0
JUAN PABLO COLLETTI	DIRECTOR	2.00	Director	$0	$0	$0
ELIZA GARZA	DIRECTOR	2.00	Director	$0	$0	$0
FRANKY SU	DIRECTOR	2.00	Director	$0	$0	$0
MANUEL ZAMUDIO	PRESIDENT	2.00	Officer	$0	$0	$0
FRANCISCO SANCHEZ	VICE PRESIDENT	2.00	Officer	$0	$0	$0
DANIEL BANDA	VICE PRESIDENT	2.00	Officer	$0	$0	$0
RODRIGO SANCHEZ	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	$615,522	$571,419	$85,560	$44,103
2023	$583,981	$638,516	$89,240	$-54,535
2022	$549,212	$565,470	$148,118	$-16,258
2021	$412,459	$358,542	$160,061	$53,917
2020	$490,325	$446,971	$106,304	$43,354
2019	$560,391	$577,886	$103,449	$-17,495
2018	$822,378	$780,547	$101,505	$41,831

ALAS ASSOCIATION LATINOAMERICANA DE SEGURIDAD INC