SOMOS FAMILIA

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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

Tax Period

2022-07-01 to 2023-06-30

SOMOS FAMILIA, founded in 2016, is a small nonprofit in the Human Services sector that reported $262K in total revenue in fiscal year 2022. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $47K, a strong 18% operating margin.

Mission

To create support and acceptance for Latina/o/x lesbian, gay, bisexual, transgender, queer or questioning youth and their families.

Program Service Accomplishments

Program 1

Expenses: $50,548

Community Engagement - Build community among LGBTQ individuals, families, and allies through community events and activities.

Program 2

Expenses: $44,255

Family Support - Work 1-on-1 and in peer group settings with families on their journey to accepting their LGBTQ children.

Program 3

Expenses: $38,479

Community Education - Create educational materials and conduct community workshops about family acceptance and LGBTQ identities.

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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 (2022)

Revenue Breakdown

Contributions & Grants $261,730

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $261,730

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,545

Fundraising Expenses $32,198

Program Expenses $133,282

Other Expenses $35,708

TOTAL EXPENSES $214,253

Year-over-Year Comparison

	2022	2021	Change
Revenue	$261,730	$187,226	+0.4%
Expenses	$214,253	$183,722	+0.2%
Net Income	$47,477	$3,504	+12.5%

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

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

$83,238

Total Directors