CENTRO NUEVOS HORIZONTES INC

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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

1987

Legal Domicile

Phone

7872691567

Tax Period

2024-05-01 to 2025-04-30

CENTRO NUEVOS HORIZONTES INC, founded in 1987, is a small nonprofit in the Human Services sector that reported $166K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $155K left a modest 7% surplus.

Mission

The organization was created to provide functional academic and vocational skills and supported employment services to young and adult participants with the most severe disabilities.

Program Service Accomplishments

Program 1

Expenses: $134,509 Revenue: $164,484

The organization was created to provide functional academic and vocational skills and supported employment services to young and adult participants with the most severe disabilities.

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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 $165,992

Program Service Revenue $0

Investment Income $236

Other Revenue $0

TOTAL REVENUE $166,228

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,507

Fundraising Expenses $0

Program Expenses $134,509

Other Expenses $148,323

TOTAL EXPENSES $154,830

Year-over-Year Comparison

	2024	2023	Change
Revenue	$166,228	$196,191	-0.2%
Expenses	$154,830	$193,863	-0.2%
Net Income	$11,398	$2,328	+3.9%

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
HILDA LOPEZ	PRESIDENT	3.00	Director	$0	$0	$0
FLOR FINA	VICE PRESIDENT	1.00	Director	$0	$0	$0
BRUNILDA SANTIAGO	SECRETARY	1.00	Director	$0	$0	$0
CARLOS VELEZ	MEMBER	1.00	Director	$0	$0	$0
LAURA SOTOMAYOR	MEMBER	1.00	Director	$0	$0	$0
JORGE PINEDA	MEMBER	1.00	Director	$0	$0	$0
SALVADOR LINARES	MEMBER	1.00	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
2026	No data	No data	No data	No data
2025	$166,228	$154,830	$144,188	$11,398
2024	$141,470	$193,863	$204,088	$-52,393
2023	$141,470	$203,093	$289,125	$-61,623
2022	$118,923	$177,896	$186,867	$-58,973
2021	$126,790	$184,059	$285,372	$-57,269
2021	$126,790	$184,059	$285,372	$-57,269