CLASICO DE LAS AMERICAS (EIN 830868311) - 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

JOSE COVARRUBIAS

Phone

9094891470

Tax Period

2024-01-01 to 2024-12-31

CLASICO DE LAS AMERICAS, founded in 2018, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $581K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

PROVIDE ASSITANCE TO CANCER PATIENTS PROMOTE MX CHARRERIA WHILE RASING FUNDS

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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 $580,743

Investment Income $0

Other Revenue $0

TOTAL REVENUE $580,743

Expense Breakdown

Grants Paid $82,791

Salaries & Benefits $0

Fundraising Expenses $521,999

Program Expenses $606,278

Other Expenses $475,693

TOTAL EXPENSES $606,234

Year-over-Year Comparison

	2024	2023	Change
Revenue	$580,743	$504,654	+0.2%
Expenses	$606,234	$461,728	+0.3%
Net Income	$-25,491	$42,926	-1.6%

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

N/A

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
JOSE M COVARRUBIAS	PRESIDENT	8	Officer Director Key Emp	$0	$0	$0
ADRIAN COVARRUBIAS	SECRETARY	4	Officer	$0	$0	$0
GLORIA COVARRUBIAS	TREASURER	2	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
2025	No data	No data	No data	No data
2024	$580,743	$606,234	$18,639	$-25,491
2023	$504,654	$461,728	$44,132	$42,926
2021	$272,138	$244,086	$28,833	$28,052

CLASICO DE LAS AMERICAS