FILIPINO LEADERS COALITION OF NORTH TEXAS (EIN 830811823) - 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

2018

Legal Domicile

Principal Officer

Myrna Carreon

Phone

8174753362

Tax Period

2023-01-01 to 2023-12-31

FILIPINO LEADERS COALITION OF NORTH TEXAS, founded in 2018, is a micro nonprofit that reported $15K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $7K, a strong 47% operating margin.

Mission

We sponsor charitable, educational, humanitarian, and cultural projects, which include rapid response to natural disasters, assisting victims of natural disasters, and assisting victims of human trafficking as physical and mental abuse.

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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 $16

Program Service Revenue $15,225

Investment Income $0

Other Revenue $0

TOTAL REVENUE $15,241

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,405

Other Expenses $8,103

TOTAL EXPENSES $8,103

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,241	$16,151	-0.1%
Expenses	$8,103	$15,066	-0.5%
Net Income	$7,138	$1,085	+5.6%

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

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
Alice Decker	President	8	Officer Director	$0	$0	$0
Myrna Carreon	Executive VP	8	Officer Director	$0	$0	$0
Mary Michelle Barrera	Treasurer	8	Officer Director	$0	$0	$0
Angel Concepcion	Secretary	3	Officer Director	$0	$0	$0
Shirley Griffin	Assistant Secretary	3	Officer Director	$0	$0	$0
Lalaine Henry	VP Membership	1	Officer Director	$0	$0	$0
Edgar Malicdan	VP Programs	8	Officer Director	$0	$0	$0
Conrad Alagaban	VP Public Relations	1	Officer Director	$0	$0	$0
Jil Lasaca	Chair Ethics Committee	1	Officer Director	$0	$0	$0
Madonna Bennett	BOD	1	Director	$0	$0	$0
Linda French	BOD	1	Director	$0	$0	$0
Emelda Valcarcel	BOD	1	Director	$0	$0	$0
Salvacion Phillips	BOD	1	Officer Director	$0	$0	$0
Melissa Cunanan	BOD	1	Officer Director	$0	$0	$0
Rowena Watters	BOD	1	Director	$0	$0	$0
Emilie McSweeney	BOD	1	Director	$0	$0	$0
Greta Perdue	BOD	1	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	No data	No data	No data	No data
2023	$15,241	$8,103	$16,751	$7,138
2022	$16,151	$15,066	$9,613	$1,085
2021	$12,493	$12,061	$9,328	$432
2020	$6,247	$3,926	$8,095	$2,321
2019	$8,855	$7,836	$5,774	$1,019
2018	$12,220	$7,465	$4,755	$4,755

FILIPINO LEADERS COALITION OF NORTH TEXAS