HISPANIC ALLIANCE GA

EIN: 814556909 501(c)(3) Education

GAINESVILLE, GA

Total Revenue
$1,209,704
Total Expenses
$733,413
Total Assets
$1,019,995
Net Assets
$858,127
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
GA
Principal Officer
VANESSA B SARAZUA
Phone
6787500254
Tax Period
2023-01-01 to 2023-12-31

HISPANIC ALLIANCE GA, founded in 2016, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $476K, a strong 39% operating margin.

Mission

HISPANIC ALLIANCE GEORGIA IS ONE OF THE LARGEST DIRECT SERVICES AGENCIES IN THE STATE, PROVIDING WRAP AROUND SERVICES SPECIFIC TO THE LATINO FAMILIES IN NEED IN HALL COUNTY AND SURROUNDING AREAS IN 15 COUNTIES. MONTHLY WE HELP 3000 FAMILIES CONNECT TO A BOX OF CULTURALLY APPROPRIATE NUTRITIOUS FOOD, PRIORITIZING FRESH AND NUTRITIOUS. OUR SERVICES HELP OUR HARD WORKING FAMILIES HAVE SOME RELIEF TO PAY FOR MEDICINES, RENT OR UTILITIES. WE HELP OUR BABIES CONNECT TO DIAPERS AND FORMULA AND BASIC NEEDS. WE HELP OUR FAMILIES CONNECT TO SUPPORT NETWORKS AND PARTNER AGENCIES, JOBS, HOUSING, AS WELL AS PUBLIC BENEFITS TO IMPROVE THEIR LIVES, ON THEIR ROAD TO SELF RELIANCE AND OUT OF POVERTY. WHILE THE CONTRIBUTIONS OF OUR COMMUNITY TO OUR LOCAL ECONOMY AND STATE ECONOMY ARE EVIDENT IN THE WORLD POULTRY CAPITAL OF THE WORLD, OUR FAMILIES FACE MANY CHALLENGES INCLUDING EXTREME POVERTY, PREJUDICE, LIMITED ENGLISH PROFICIENCY, TRANSPORTATION, HOUSING AND OTHER BARRIERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,116,658
Program Service Revenue $44,114
Investment Income $7,627
Other Revenue $41,305
TOTAL REVENUE $1,209,704

Expense Breakdown

Grants Paid $0
Salaries & Benefits $216,233
Fundraising Expenses $14,854
Program Expenses $497,361
Other Expenses $517,180
TOTAL EXPENSES $733,413

Year-over-Year Comparison

2023 2022 Change
Revenue $1,209,704 $1,073,970 +0.1%
Expenses $733,413 $947,759 -0.2%
Net Income $476,291 $126,211 +2.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
N/A
Employees
7
Volunteers
500

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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VANESSA B SARAZUA CEO 40.00
Officer
$0 $0 $0
ELIDA LOPEZ SECRETARY 2.00
Officer
$0 $0 $0
MARCO VALERIANO CHAIR-BOARD MEMBER 1.00
Officer
$0 $0 $0
URIEL DELGADO BOARD MEMBER 1.00
Officer
$0 $0 $0
OMAR ZABALAGA BOARD MEMBER 1.00
Officer
$0 $0 $0
ANTONIO RIOS BOARD MEMBER 1.00
Officer
$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 $1,209,704 $733,413 $1,019,995 $476,291
2022 $1,073,970 $947,759 $370,489 $126,211
2021 $809,025 $729,847 $204,405 $79,178
2020 $683,803 $563,073 $132,395 $120,730
2020 $683,803 $563,073 $132,395 $120,730
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