LATINX EDUCATION CENTER (EIN 824014210) - 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

2017

Legal Domicile

Principal Officer

ELAINE TOWNSEND UTIN

Phone

9192131534

Tax Period

2023-07-01 to 2024-06-30

LATINX EDUCATION CENTER, founded in 2017, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2023. Revenue surged 143% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 57% operating margin.

Mission

TO INVEST IN LATINX LEADERSHIP TO ADVANCE EDUCATIONAL EQUITY AND OPPORTUNITY IN NORTH CAROLINA.

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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 $2,532,556

Program Service Revenue $49,508

Investment Income $0

Other Revenue $1,000

TOTAL REVENUE $2,583,064

Expense Breakdown

Grants Paid $0

Salaries & Benefits $643,018

Fundraising Expenses $87,254

Program Expenses $858,805

Other Expenses $474,971

TOTAL EXPENSES $1,117,989

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,583,064	$1,063,476	+1.4%
Expenses	$1,117,989	$1,115,246	+0.0%
Net Income	$1,465,075	$-51,770	-29.3%

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

$77,698

Total Directors

$77,698

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR ABRAHAM DONES	DIRECTOR	3.00	Director	$0	$0	$0
CRISTINA ESPANA	DIRECTOR	3.00	Director	$0	$0	$0
DR NESTOR ALEXIS RAMIREZ	CHAIR	6.00	Officer Director	$0	$0	$0
ELAINE TOWNSEND UTIN	EXECUTIVE DIRECTOR	40.00	Officer Director	$73,953	$3,745	$77,698
GRICELDA DE LA CRUZ	DIRECTOR	3.00	Director	$0	$0	$0
DR JATNNA ACOSTA	DIRECTOR	3.00	Director	$0	$0	$0
DR JUANES RAMIREZ	DIRECTOR	3.00	Director	$0	$0	$0
LILIANA MADRID	SECRETARY	6.00	Officer Director	$0	$0	$0
MARCELA TORRES-CERVANTES	TREASURER	6.00	Officer Director	$0	$0	$0
OSCAR MIRANDA TAPIA	DIRECTOR	3.00	Director	$0	$0	$0
OSCAR ROMERO JORGE	DIRECTOR	3.00	Director	$0	$0	$0
YUBISELA ARANDA SANDOVAL	VICE CHAIR	6.00	Officer Director	$0	$0	$0
YOLANDA ADAMS	DIRECTOR	3.00	Director	$0	$0	$0
ADRIAN GONZALEZ	DIRECTOR	3.00	Director	$0	$0	$0
RENEE ORTIZ	DIRECTOR	3.00	Director	$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
2025	No data	No data	No data	No data
2024	$2,583,064	$1,117,989	$2,167,243	$1,465,075
2023	$1,063,476	$1,115,246	$664,189	$-51,770
2022	$935,219	$934,683	$648,317	$536
2021	$901,231	$442,028	$604,377	$459,203
2020	$223,782	$208,163	$110,105	$15,619
2019	$181,398	$98,603	$93,159	$82,795

LATINX EDUCATION CENTER