Latina Network of West Michigan (EIN 830789974) - 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

2014

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

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.

Mission

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.

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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 $26,155

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $26,155

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $88,820

Other Expenses $94,020

TOTAL EXPENSES $94,020

Year-over-Year Comparison

	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%

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

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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

Latina Network of West Michigan