MULTICULTURAL FAMILY CENTER (EIN 824764973) - 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

ELIAS SORIANO

Phone

9033285203

Tax Period

2024-01-01 to 2024-12-31

MULTICULTURAL FAMILY CENTER, founded in 2017, is a small nonprofit that reported $351K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $326K left a modest 7% surplus.

Mission

MULTICULTURAL FAMILY CENTER IS A 501(C)(3) FAITH-BASED NONPROFIT ORGANIZATION DEDICATED TO HELPING GRAYSON COUNTY DISADVANTAGED FAMILIES. WE PROVIDE LOW COST LEGAL IMMIGRATION SERVICES. WE OFFER ADULT EDUCATION AND BASIC NECESSITIES TO THOSE IN DESPERATE NEED. WE DELIVER GUIDANCE AND COMPASSION AS WE WORK TO ENRICH THE LIVES AND SPIRITS OF ALL WHO PASS OUR WAY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $119,432

Program Service Revenue $231,753

Investment Income $0

Other Revenue $0

TOTAL REVENUE $351,185

Expense Breakdown

Grants Paid $0

Salaries & Benefits $201,672

Fundraising Expenses $0

Program Expenses $253,560

Other Expenses $124,007

TOTAL EXPENSES $325,679

Year-over-Year Comparison

	2024	2023	Change
Revenue	$351,185	$302,235	+0.2%
Expenses	$325,679	$280,349	+0.2%
Net Income	$25,506	$21,886	+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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SOPHIA BACA	SECRETARY	N/A	Officer Director	$0	$0	$0
ODILON CARBAJAL	BOARD MEMBER	N/A	Director	$0	$0	$0
NEREYDA LEDEZMA	TREASURER	N/A	Officer Director	$0	$0	$0
RENE MENJIVAR	BOARD MEMBER	N/A	Director	$0	$0	$0
DIANA DIAZ	PRESIDENT	N/A	Officer	$0	$0	$0
ELIAS SORIANO	PROGRAM DIRE	N/A	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	$351,185	$325,679	$80,469	$25,506
2023	$302,235	$280,349	$54,674	$21,886
2022	$176,602	$202,706	$31,293	$-26,104
2021	$161,635	$133,326	$58,714	$28,309
2020	$91,745	$74,387	$31,145	$17,358

MULTICULTURAL FAMILY CENTER