AVANCE INC (EIN 741769114) - 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

1973

Legal Domicile

Principal Officer

ELIDA GONZALES

Phone

2102704630

Tax Period

2024-07-01 to 2025-06-30

AVANCE INC, founded in 1973, is a mid-sized nonprofit in the Community Improvement sector that reported $21.4M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $20.3M left a modest 5% surplus.

Mission

AVANCE WALKS ALONGSIDE CHILDREN AND FAMILIES TO ACHIEVE SOCIAL AND ECONOMIC JUSTICE.

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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 $19,887,394

Program Service Revenue $774,884

Investment Income $713,380

Other Revenue $0

TOTAL REVENUE $21,375,658

Expense Breakdown

Grants Paid $899,035

Salaries & Benefits $15,083,595

Fundraising Expenses $227,673

Program Expenses $15,558,091

Other Expenses $4,305,091

TOTAL EXPENSES $20,287,721

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,375,658	$19,428,967	+0.1%
Expenses	$20,287,721	$20,116,385	+0.0%
Net Income	$1,087,937	$-687,418	-2.6%

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

299

Volunteers

150

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

$601,774

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR LUZELMA CANALES	BOARD CHAIR	5.00	Officer Director	$0	$0	$0
MANUEL BERRELLEZ	VICE CHAIR	5.00	Officer Director	$0	$0	$0
DR CLAUDIA KRAMER SANTAMARIA	PARLIAMENTARIAN	5.00	Officer Director	$0	$0	$0
RON ORAN	TREASURER	5.00	Officer Director	$0	$0	$0
DR BOB MCALLISTER	SECRETARY	5.00	Officer Director	$0	$0	$0
KELLY CUTLER	MEMBER-AT-LARGE	5.00	Director	$0	$0	$0
GREG FLORES	MEMBER-AT-LARGE	5.00	Director	$0	$0	$0
DR ILIANA ALANIS	MEMBER	1.00	Director	$0	$0	$0
LYDIA ALEMAN	MEMBER (THRU 02/25)	1.00	Director	$0	$0	$0
BELINDA ARAMBULA	MEMBER	1.00	Director	$0	$0	$0
DR CATHERINE AYOUB	MEMBER	1.00	Director	$0	$0	$0
PRISCILLA CAMACHO	MEMBER	1.00	Director	$0	$0	$0
IFE GBOSI	MEMBER	1.00	Director	$0	$0	$0
HILDA GALVAN	MEMBER	1.00	Director	$0	$0	$0
MARIA DEL ROSARIO GARZA	MEMBER (THRU 01/25)	1.00	Director	$0	$0	$0
DOLORES HERNANDEZ	MEMBER (THRU 08/24)	1.00	Director	$0	$0	$0
DR DANIEL KING	MEMBER	1.00	Director	$0	$0	$0
ROSE MARTINEZ	MEMBER	1.00	Director	$0	$0	$0
SOFIA RAMON	MEMBER	1.00	Director	$0	$0	$0
RYAN RAMIREZ	MEMBER	1.00	Director	$0	$0	$0
ALICE RODRIGUEZ	MEMBER	1.00	Director	$0	$0	$0
LISETTE RODRIGUEZ	MEMBER	1.00	Director	$0	$0	$0
JORGE PADILLA	MEMBER	1.00	Director	$0	$0	$0
STERLING STEWART	MEMBER	1.00	Director	$0	$0	$0
DR NICOLE WALTERS	MEMBER	1.00	Director	$0	$0	$0
DR TERESA GRANILLO	CHIEF EXECUTIVE OFFICER	39.00	Officer	$252,819	$13,130	$265,949
SONIA DOMINGUEZ	CHIEF OPERATIONS OFFICER	40.00	Officer	$168,402	$11,441	$179,843
ELIDA GONZALES	CHIEF FINANCIAL OFFICER	40.00	Officer	$144,758	$11,224	$155,982
ALEX CHANDLER	CHIEF COMMUNICATIONS OFFICER	40.00	Highest	$130,488	$10,850	$141,338

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	$21,375,658	$20,287,721	$11,810,015	$1,087,937
2024	$19,428,967	$20,116,385	$10,915,155	$-687,418
2023	$26,342,001	$17,516,990	$12,074,826	$8,825,011
2022	$14,922,059	$14,834,731	$3,341,095	$87,328
2021	$12,181,616	$11,603,695	$2,347,446	$577,921
2020	$2,540,043	$3,062,270	$1,036,602	$-522,227
2019	$2,505,380	$2,726,053	$1,540,414	$-220,673
2018	$1,115,447	$3,361,441	$1,802,565	$-2,245,994

AVANCE INC