LULAC WEST PARK APARTMENTS (EIN 830544329) - 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

2006

Legal Domicile

Principal Officer

FERNANDO CANSECO

Phone

3612417421

Tax Period

2024-01-01 to 2024-12-31

LULAC WEST PARK APARTMENTS, founded in 2006, is a micro nonprofit in the Housing & Shelter sector that reported $97K in total revenue in fiscal year 2024. Revenue surged 145% from the prior year, signaling strong growth momentum. The organization ran a surplus of $41K, a strong 42% operating margin.

Mission

TO PROVIDE LOW-INCOME HOUSING TO THOSE INDIVIDUALS IN NEED OF PUBLIC HOUSING ASSISTANCE AS REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

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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 $0

Program Service Revenue $31,784

Investment Income $64,913

Other Revenue $0

TOTAL REVENUE $96,697

Expense Breakdown

Grants Paid $11,090

Salaries & Benefits $42,000

Fundraising Expenses $0

Program Expenses $53,551

Other Expenses $2,616

TOTAL EXPENSES $55,706

Year-over-Year Comparison

	2024	2023	Change
Revenue	$96,697	$39,399	+1.5%
Expenses	$55,706	$51,159	+0.1%
Net Income	$40,991	$-11,760	-4.5%

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

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

$28,000

Total Directors

$14,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GONZALO TAMEZ	DIRECTOR	15.00	Director	$14,000	$0	$14,000
FERNANDO CANSECO	CHAIRMAN	30.00	Officer	$14,000	$0	$14,000
WILLIAM D BONILLA SR	SECRETARY	15.00	Officer	$14,000	$0	$14,000

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	$96,697	$55,706	$1,233,574	$40,991
2023	$39,399	$51,159	$1,192,583	$-11,760
2022	$93,755	$92,663	$1,204,343	$1,092
2021	$28,663	$63,115	$1,203,251	$-34,452
2020	$28,872	$86,952	$1,237,703	$-58,080
2019	$32,551	$101,441	$1,295,783	$-68,890

LULAC WEST PARK APARTMENTS