IRVING HISPANIC CHAMBER OF COMMERCE (EIN 752772936) - 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

Mary Ann Kellam

Phone

4692128345

Tax Period

2023-01-01 to 2023-12-31

IRVING HISPANIC CHAMBER OF COMMERCE, founded in 1998, is a small nonprofit that reported $569K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

Hispanic Community programs and activities to develop promote and support Hispanic businesses and those serving the Hispanic community through programs activities and services for the benefit of its members and community at large.

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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 $385,192

Program Service Revenue $173,161

Investment Income $0

Other Revenue $10,400

TOTAL REVENUE $568,753

Expense Breakdown

Grants Paid $0

Salaries & Benefits $304,450

Fundraising Expenses $0

Program Expenses $136,692

Other Expenses $294,684

TOTAL EXPENSES $599,134

Year-over-Year Comparison

	2023	2022	Change
Revenue	$568,753	$461,472	+0.2%
Expenses	$599,134	$465,353	+0.3%
Net Income	$-30,381	$-3,881	+6.8%

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

N/A

Employees

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
Elsy Carranza	Chairman	1.00	Director	$0	$0	$0
Carmen Guzman	Vice Chairman	1.00	Director	$0	$0	$0
Nancy Schachtner	Treasurer	1.00	Director	$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	$568,753	$599,134	$224,938	$-30,381
2022	$461,472	$465,353	$214,187	$-3,881
2021	$339,484	$285,900	$207,106	$53,584
2020	$190,694	$192,080	$147,631	$-1,386
2019	$305,452	$306,443	$143,872	$-991
2018	$275,588	$238,193	$144,797	$37,395

IRVING HISPANIC CHAMBER OF COMMERCE