ESPERANZA LATINO CENTER OF NORTHERN KENTUCKY INC

EIN: 832365641 501(c)(3) Community Improvement

COVINGTON, KY

Total Revenue
$166,111
Total Expenses
$133,675
Total Assets
$556,814
Net Assets
$430,964
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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
KY
Principal Officer
REID YEARWOOD
Phone
8592610862
Tax Period
2024-01-01 to 2024-12-31

ESPERANZA LATINO CENTER OF NORTHERN KENTUCKY INC, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $166K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $32K, a strong 20% operating margin.

Mission

TO BE THE PREMIER CENTER IN NORTHERN KENTUCKY ADVOCATING AND PROVIDING SERVICES FOR THE HISPANIC/LATINO AND MULTICULTURAL COMMUNITY. INCLUDING, BUT NOT LIMITED TO, ASSISTANCE WITH JOB APPLICATIONS, DOCUMENT INTERPRETATION, TRANSLATION HELP, AND MATH AND SCIENCE CAMPS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $144,726
Program Service Revenue $0
Investment Income $757
Other Revenue $20,628
TOTAL REVENUE $166,111

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,235
Program Expenses $130,398
Other Expenses $133,675
TOTAL EXPENSES $133,675

Year-over-Year Comparison

2024 2023 Change
Revenue $166,111 $311,939 -0.5%
Expenses $133,675 $140,886 -0.1%
Net Income $32,436 $171,053 -0.8%
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

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Governance

Voting Members
9
Independent Members
8
Employees
N/A
Volunteers
22

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
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEONEL CALDERON CHAIRMAN 10.00
Director
$0 $0 $0
IRENE ENCARNACION VICE-CHAIRMAN 10.00
Director
$0 $0 $0
JOHNATHAN NORTHCUTT BOARD MEMBER 10.00
Director
$0 $0 $0
JEFF RICHARDSON TREASURER 10.00
Director
$0 $0 $0
LUIS S PARIS BOARD MEMBER 5.00
Director
$0 $0 $0
ESTEBAN O CALLE BOARD MEMBER 5.00
Director
$0 $0 $0
ADRIANA CUERVO-LEHMAN BOARD MEMBER 5.00
Director
$0 $0 $0
REID YEARWOOD BOARD MEMBER 5.00
Director
$0 $0 $0
SR PAULA GOHS MEMBER 5.00
Director
$0 $0 $0
JOANN SCHWARTZ EMERITUS MEMBER 5.00
Director
$0 $0 $0
VIOLETA COLMAN EXECUTIVE DIRECTOR 40.00
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 $166,111 $133,675 $556,814 $32,436
2023 $311,939 $140,886 $398,528 $171,053
2022 $244,489 $109,764 $227,475 $134,725
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