EL PASO HISPANIC CHAMBER OF COMMER… - 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

1993

Legal Domicile

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

THE MISSION OF THE EL PASO HISPANIC CHAMBER OF COMMERCE IS TO CONTINUE TO BE THE LEADING ADVOCATE IN PROMOTING THE SUCCESS OF SMALL MINORITY AND WOMEN OWNED BUSINESSES IN THE GREATER EL PASO REGION, BY PROVIDING RESOURCES, INFORMATION AND EDUCATION WHILE PROMOTING THE AWARENESS AND PRESERVATION OF THE HISPANIC CULTURE.

Program Service Accomplishments

Program 1

Expenses: $5,324

THE FOUNDATION PROMOTES QUALITY EDUCATION BY PROVIDING SCHOLARSHIPS THROUGH TEXAS AND OTHER UNIVERSITIES.

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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 (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

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
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

EL PASO HISPANIC CHAMBER OF COMMERCE EDUCATIONAL DEVELOPMENT FOUNDATION