VERONICA ROBLES CULTURAL CENTER

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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

2013

Legal Domicile

Principal Officer

VERONICA ROBLES

Phone

7815585102

Tax Period

2023-01-01 to 2023-12-31

VERONICA ROBLES CULTURAL CENTER, founded in 2013, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $495K, a strong 42% operating margin.

Mission

TO PROMOTE LATIN AMERICAN ARTS AND CULTURES AS AN ENGINE FOR STRONGER COMMUNITIES AND ECONOMIC GROWTH.

Program Service Accomplishments

Program 1

Expenses: $558,802 Revenue: $60,581

VERONICA ROBLES CULTURAL CENTER PROMOTES LATIN AMERICAN ARTS AND CULTURES AS A CATALYST FOR STRONGER, MORE RESILIENT COMMUNITIES AND INCLUSIVE ECONOMIC DEVELOPMENT. THROUGH CULTURALLY ENRICHING...

VERONICA ROBLES CULTURAL CENTER PROMOTES LATIN AMERICAN ARTS AND CULTURES AS A CATALYST FOR STRONGER, MORE RESILIENT COMMUNITIES AND INCLUSIVE ECONOMIC DEVELOPMENT. THROUGH CULTURALLY ENRICHING PROGRAMS, PERFORMANCES, WORKSHOPS, AND COMMUNITY EVENTS, VRCC ENGAGES INDIVIDUALS OF ALL AGES IN THE CELEBRATION AND PRESERVATION OF LATIN AMERICAN HERITAGE. THE ORGANIZATION FOSTERS A VIBRANT, MULTI-GENERATIONAL ENVIRONMENT WHERE PARTICIPANTS FEEL WELCOMED, VALUED, AND EMPOWERED TO DRIVE SOCIAL CHANGE AND CIVIC ENGAGEMENT. ACTIVITIES ARE ROOTED IN CULTURAL EXPRESSION, EDUCATION, AND COLLABORATION, ALIGNING WITH VRCC'S MISSION TO UPLIFT AND CONNECT COMMUNITIES THROUGH THE TRANSFORMATIVE POWER OF LATIN AMERICAN ARTS AND TRADITIONS.

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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 $1,118,912

Program Service Revenue $60,581

Investment Income $1,107

Other Revenue $0

TOTAL REVENUE $1,180,600

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $35,058

Program Expenses $558,802

Other Expenses $685,897

TOTAL EXPENSES $685,897

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,180,600	$1,061,934	+0.1%
Expenses	$685,897	$475,722	+0.4%
Net Income	$494,703	$586,212	-0.2%

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

N/A

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

$178,192

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSE LOPEZ	PRESIDENT	10.00	Officer Director	$0	$0	$0
MARGOTH VALENCIA	TREASURER	10.00	Officer Director	$0	$0	$0
CLAUDIA QUINONEZ	CLERK	2.00	Officer Director	$0	$0	$0
VERONICA ROBLES	DIRECTOR/EXECUTIVE DIRECTO	30.00	Director	$178,192	$0	$178,192

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	$1,180,600	$685,897	$1,317,610	$494,703
2022	$1,061,934	$475,722	$840,237	$586,212
2021	$295,963	$248,360	$210,904	$47,603