Grand Rapids, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Latina Network of West Michigan, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $26K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $94K exceeded revenue, resulting in a 259% operating deficit.
To serve as a catalyst for systemic change through leadership development, a space of cultural belonging, and reclaiming the Latina narrative, and by seeking to empower Latina leadership by serving as a resource for racial equity, advocacy, and connections.
The corporation is organized exclusively for charitable and educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the Code), and more...
The corporation is organized exclusively for charitable and educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the Code), and more specifically, to serve as a catalyst for systemic change through leadership development, a space of cultural belonging, and reclaiming the Latina narrative, and by seeking to empower Latina leadership by serving as a resource for racial equity, advocacy, and connections, and to engage in activities related thereto.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $26,155 | $30,096 | -0.1% |
| Expenses | $94,020 | $85,169 | +0.1% |
| Net Income | $-67,865 | $-55,073 | +0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Krystle Duthil | Co-Chair | 5.00 |
Director
|
$0 | $0 | $0 |
| Alejandra Guillen | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Ana Jose | Treasurer | 5.00 |
Director
|
$0 | $0 | $0 |
| Amy Tzintzun | Co-Chair | 5.00 |
Director
|
$0 | $0 | $0 |
| Beca Velazquez-Publes | Secretary | 5.00 |
Director
|
$0 | $0 | $0 |
| Arianna Amado | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Kyrstle Duthil | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Leticia Perez | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Christine Arnold | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Denise Hillen | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Jenny Gomez | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $26,155 | $94,020 | $145,786 | $-67,865 |
| 2023 | $30,096 | $85,169 | $213,651 | $-55,073 |
| 2022 | $63,107 | $177,856 | $268,724 | $-114,749 |
| 2021 | $236,622 | $108,665 | $383,473 | $127,957 |
Compare Latina Network of West Michigan with other nonprofits in Michigan and across the country.