STREETS OF LAREDO MALL INC (EIN 742868558) - 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

1998

Legal Domicile

Principal Officer

ROQUE HAYNES

Phone

9565238817

Tax Period

2023-10-01 to 2024-09-30

STREETS OF LAREDO MALL INC, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $227K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $213K left a modest 6% surplus.

Mission

"OUR MISSION IS TO PROMOTE THE ECONOMIC DEVELOPMENT OF DOWNTOWN LAREDO. FOSTERING COMMUNITY PRIDE AND INVOLVEMENT, STIMULATING DIVERSE BUSINESS AND RESIDENTIAL DEVELOPMENT. THE VISION OF LAREDO MAIN STREET IS TO ENHANCE THE VIBRANT MULTICULTURAL COMMUNITY OF OUR HISTORIC DOWNTOWN. OUR GOAL IS TO DIVERSIFY THE ECONOMIC DEVELOPMENT."

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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 $166,858

Program Service Revenue $60,006

Investment Income $0

Other Revenue $0

TOTAL REVENUE $226,864

Expense Breakdown

Grants Paid $4,300

Salaries & Benefits $87,084

Fundraising Expenses $7,227

Other Expenses $121,877

TOTAL EXPENSES $213,261

Year-over-Year Comparison

	2023	2022	Change
Revenue	$226,864	$206,731	+0.1%
Expenses	$213,261	$234,829	-0.1%
Net Income	$13,603	$-28,098	-1.5%

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

Volunteers

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
CAROLE ALEXANDER	BOARD MEMBER	4.00	Director	$0	$0	$0
RICARDO DE ANDA	BOARD MEMBER	1.00	Director	$0	$0	$0
MIRIAM CASTILLO	BOARD MEMBER	1.00	Director	$0	$0	$0
ERICA CONTRERAS	BOARD MEMBER	4.00	Director	$0	$0	$0
JACK CRUTHIRDS	BOARD MEMBER	2.00	Director	$0	$0	$0
BETTY FLORES	BOARD MEMBER	1.00	Director	$0	$0	$0
ERICA GARCIA	BOARD MEMBER	4.00	Director	$0	$0	$0
VICTOR GARCIA	SECRETARY	4.00	Officer Director	$0	$0	$0
ROQUE HAYNES	PRESIDENT	4.00	Officer Director	$0	$0	$0
CESAR HERNANDEZ	BOARD MEMBER	4.00	Director	$0	$0	$0
TOMAS IZAGUIRRE	BOARD MEMBER	1.00	Director	$0	$0	$0
ENRIQUE LOBO	BOARD MEMBER	2.00	Director	$0	$0	$0
AILEEN RAMOS	BOARD MEMBER	1.00	Director	$0	$0	$0
RAFAEL TORRES	TREASURER	2.00	Officer Director	$0	$0	$0
LAWRENCE FRIEDMAN	VICE PRESIDE	4.00	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	$226,864	$213,261	$41,480	$13,603
2023	$206,731	$234,829	$27,370	$-28,098
2020	$319,935	$308,006	$59,244	$11,929
2019	$168,785	$219,599	$80,245	$-50,814
2018	$113,174	$207,857	$73,953	$-94,683
2017	$199,797	$207,661	$149,233	$-7,864

STREETS OF LAREDO MALL INC