THE ADVANCE COMMUNITY OUTREACH CENTER INC (EIN 812461287) - 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

2016

Legal Domicile

Principal Officer

WANDA RIOS

Phone

4079683442

Tax Period

2023-01-01 to 2023-12-31

THE ADVANCE COMMUNITY OUTREACH CENTER INC, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2023. Expenses of $2.0M exceeded revenue, resulting in a 14% operating deficit.

Mission

An organization with different programs/ activities for senior community and also providing food distribution to the families in need.

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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 $0

Program Service Revenue $1,752,842

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,752,842

Expense Breakdown

Grants Paid $1,817,246

Salaries & Benefits $28,939

Fundraising Expenses $0

Program Expenses $1,571,388

Other Expenses $157,335

TOTAL EXPENSES $2,003,520

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,752,842	$1,784,642	0.0%
Expenses	$2,003,520	$1,422,723	+0.4%
Net Income	$-250,678	$361,919	-1.7%

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

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

$23,400

Total Directors

$2,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WANDA RIOS	PRESIDENT	040.00	Officer	$23,400	$0	$23,400
MARICARMEN MELENDEZ	SECRETARY	006.00	Director	$0	$0	$0
NORBERTO FONSECA	EXECUTIVE DIRECTOR	040.00	Director	$2,200	$0	$2,200
MARIE PALACIOS	MEMBER	006.00	Director	$0	$0	$0
ELDY V GONZALEZ	TREASURER	006.00	Director Key Emp	$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	$1,752,842	$2,003,520	$309,679	$-250,678
2022	$1,784,642	$1,422,723	$566,548	$361,919
2021	$336,662	$183,453	$221,998	$153,209

THE ADVANCE COMMUNITY OUTREACH CENTER INC