SOMOS ACCION (EIN 831487234) - 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

DAVID COSS

Phone

5056709301

Tax Period

2022-07-01 to 2023-06-30

SOMOS ACCION, founded in 2018, is a small nonprofit in the Civil Rights & Advocacy sector that reported $582K in total revenue in fiscal year 2022. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $796K exceeded revenue, resulting in a 37% operating deficit.

Mission

SOMOS ACCION'S MISSION IS TO BUILD A COMMUNITY THAT DOES NOT DISCRIMINATE AGAINST PEOPLE BASED ON THEIR NATIONAL ORIGIN, THAT INSTITUTES HUMANE MIGRATION POLICIES, AND THAT PROTECTS THE RIGHTS OF EVERYONE. SOMOS ACCION INTENDS TO ACCOMPLISH THIS MISSION BY ADVOCATING FOR POLICIES THAT PROMOTE THE COMMON GOOD AND WELFARE, SUCH AS CIVIL RIGHTS, EMPLOYMENT RIGHTS, HUMAN RIGHTS, VOTING RIGHTS, AND THE ECONOMY AND JOBS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $581,623

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $581,623

Expense Breakdown

Grants Paid $0

Salaries & Benefits $164,981

Fundraising Expenses $0

Program Expenses $796,398

Other Expenses $631,417

TOTAL EXPENSES $796,398

Year-over-Year Comparison

	2022	2021	Change
Revenue	$581,623	$387,374	+0.5%
Expenses	$796,398	$293,952	+1.7%
Net Income	$-214,775	$93,422	-3.3%

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
GLADYS COBOS	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID COSS	PRESIDENT	1.00	Officer Director	$0	$0	$0
EDUVIGES HERNANDEZ	DIRECTOR	1.00	Director	$0	$0	$0
LEOPOLDO MENDEZ	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2023	$581,623	$796,398	$45,770	$-214,775
2022	$225,024	$155,066	$261,634	$69,958
2021	$387,374	$293,952	$220,436	$93,422
2019	$221,139	$186,531	$13,032	$34,608
2019	$221,166	$208,133	$13,033	$13,033

SOMOS ACCION