EL PASO HISPANIC CHAMBER OF COMMERCE EDUCATIONAL DEVELOPMENT FOUNDATION

EIN: 742684615 501(c)(3) Education

EL PASO, TX

Total Revenue
$6,051
Total Expenses
$16,914
Total Assets
$504,000
Net Assets
$504,000
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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
1993
Legal Domicile
TX
Principal Officer
LIZABETH ROMERO
Phone
9155664066
Tax Period
2023-01-01 to 2023-12-31

EL PASO HISPANIC CHAMBER OF COMMERCE EDUCATIONAL DEVELOPMENT FOUNDATION, founded in 1993, is a micro nonprofit in the Education sector that reported $6K in total revenue in fiscal year 2023. Expenses of $17K exceeded revenue, resulting in a 180% operating deficit.

Mission

EDUCATION DEVELOPMENT ORGANIZATION.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $125
Program Service Revenue $0
Investment Income $5,926
Other Revenue $0
TOTAL REVENUE $6,051

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,324
Other Expenses $16,914
TOTAL EXPENSES $16,914

Year-over-Year Comparison

2023 2022 Change
Revenue $6,051 $-13,125 -1.5%
Expenses $16,914 $8,358 +1.0%
Net Income $-10,863 $-21,483 -0.5%
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

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Governance

Voting Members
1
Independent Members
1
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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LIZ CARL CHAIRMAN 1.00
Officer Director
$0 $0 $0
LIZABETH ROMERO CFO 1.00
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
2023 $6,051 $16,914 $504,000 $-10,863
2022 $-13,125 $8,358 $460,343 $-21,483
2021 $77,523 $7,303 $550,648 $70,220
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