SALON DE LA FAMA LATINO AMERICANO DEL DEPORTE

EIN: 742912328 501(c)(3) Arts, Culture & Humanities

LAREDO, TX

Total Revenue
$76,399
Total Expenses
$45,295
Total Assets
$98,552
Net Assets
$95,657
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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
1999
Legal Domicile
TX
Principal Officer
MANOLO RANGEL
Phone
9567639610
Tax Period
2023-01-01 to 2023-12-31

SALON DE LA FAMA LATINO AMERICANO DEL DEPORTE, founded in 1999, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $76K in total revenue in fiscal year 2023. Revenue fell 76% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $31K, a strong 41% operating margin.

Mission

To honor and recognize Latino sports legends.

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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 $72,784
Program Service Revenue $0
Investment Income $0
Other Revenue $3,615
TOTAL REVENUE $76,399

Expense Breakdown

Grants Paid $1,020
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,295
Other Expenses $44,275
TOTAL EXPENSES $45,295

Year-over-Year Comparison

2023 2022 Change
Revenue $76,399 $319,133 -0.8%
Expenses $45,295 $320,257 -0.9%
Net Income $31,104 $-1,124 -28.7%
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
2
Independent Members
N/A
Employees
16
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MANOLO RANGEL PRESIDENT/TREASURER 10.00
Officer
$0 $0 $0
CYNTHIA RAMIREZ SECRETARY 10.00
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 No data No data No data No data
2023 $76,399 $45,295 $98,552 $31,104
2022 $319,133 $320,257 No data $-1,124
2021 $293,299 $309,517 $102,338 $-16,218
2020 No data $35,044 $118,994 No data
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