THE MICHIGAN HISPANIC COLLABORATIVE (EIN 810942886) - 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

2015

Legal Domicile

Principal Officer

JOANN CHAVEZ

Phone

3136172266

Tax Period

2024-01-01 to 2024-12-31

THE MICHIGAN HISPANIC COLLABORATIVE, founded in 2015, is a community nonprofit in the Education sector that reported $9.5M in total revenue in fiscal year 2024. Revenue surged 305% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.1M, a strong 75% operating margin.

Mission

WE HELP MICHIGAN HISPANIC STUDENTS AND YOUNG PROFESSIONALS NAVIGATE THE COMPLEXITY OF COLLEGE ACCESS THROUGH EARLY CAREER BY PROVIDING SUPPORT, RESOURCES, AND OPPORTUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $9,122,449

Program Service Revenue $0

Investment Income $336,528

Other Revenue $0

TOTAL REVENUE $9,458,977

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,164,890

Fundraising Expenses $96,825

Program Expenses $2,048,377

Other Expenses $1,214,157

TOTAL EXPENSES $2,379,047

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,458,977	$2,337,243	+3.0%
Expenses	$2,379,047	$1,563,168	+0.5%
Net Income	$7,079,930	$774,075	+8.1%

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

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

$133,833

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOANN CHAVEZ	PRESIDENT	3.00	Officer Director	$0	$0	$0
JIMMY WALKER	DIRECTOR	3.00	Director	$0	$0	$0
LAWRENCE GARCIA	BOARD CHAIR	3.00	Officer Director	$0	$0	$0
JESUS HERNANDEZ	TREASURER	3.00	Officer Director	$0	$0	$0
JEFF WYATT	DIRECTOR	3.00	Director	$0	$0	$0
PATRICK IRWIN	DIRECTOR	3.00	Director	$0	$0	$0
LIZ ALVAREZ	DIRECTOR	3.00	Director	$0	$0	$0
GABRIEL BEDOYA	DIRECTOR	3.00	Director	$0	$0	$0
MAYRA BRAVO-VILLARREAL	DIRECTOR	3.00	Director	$0	$0	$0
ELSA CALLEJA	DIRECTOR	3.00	Director	$0	$0	$0
OCTAVIO DELGADO	DIRECTOR	3.00	Director	$0	$0	$0
DEBORA DICICCO	DIRECTOR	3.00	Director	$0	$0	$0
GABE RODRIGUEZ-GARRIGA	DIRECTOR	3.00	Director	$0	$0	$0
AMANDA SAID CANTO	EXECUTIVE DIRECTOR	40.00	Key Emp	$133,833	$0	$133,833

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	$9,458,977	$2,379,047	$10,388,609	$7,079,930
2023	$2,337,243	$1,563,168	$3,259,649	$774,075
2022	$1,925,877	$1,473,531	$2,435,270	$452,346
2021	$2,077,078	$965,939	$2,018,849	$1,111,139
2020	$1,184,819	$489,556	$1,018,690	$695,263

THE MICHIGAN HISPANIC COLLABORATIVE