CREATING SONRISAS INC

EIN: 821163523 501(c)(3) Human Services

MIAMI, FL

Total Revenue
$43
Total Expenses
$10
Total Assets
$45,026
Net Assets
$45,026
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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
2017
Legal Domicile
FL
Principal Officer
ED S TORGAS
Phone
3053735500
Tax Period
2019-01-01 to 2019-12-31

CREATING SONRISAS INC, founded in 2017, is a micro nonprofit in the Human Services sector that reported $43 in total revenue in fiscal year 2019. The organization ran a surplus of $33, a strong 77% operating margin.

Mission

TO ASSIST LOW INCOME FAMILIES, PARTICULARLY THE ELDERLY, WITH BASIC NEEDS SUCH AS FOOD, CLOTHING, SHELTER, BASIC UTILITIES, MEDICATION AND TRANSPORTATION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $43
Other Revenue $0
TOTAL REVENUE $43

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $10
TOTAL EXPENSES $10

Year-over-Year Comparison

2019 2018 Change
Revenue $43 $43 N/A
Expenses $10 $75 -0.9%
Net Income $33 $-32 -2.0%
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

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Governance

Voting Members
N/A
Independent Members
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTONIO L ARGIZ PRESIDENT 0.00
Officer
$0 $0 $0
RAUL INCERA SECRETARY 0.00
Officer
$0 $0 $0
ED S TORGAS TREASURER 0.00
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
2019 $43 $10 $45,026 $33
2018 $43 $75 $44,993 $-32
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