National Family Legacy Inc

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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

Leonor Palomares

Tax Period

2024-01-01 to 2024-12-31

National Family Legacy Inc, founded in 2018, is a community nonprofit in the Human Services sector that reported $3.2M in total revenue in fiscal year 2024. Revenue surged 257% from the prior year, signaling strong growth momentum.

Mission

TO EXCLUSIVELY SUPPORT CHARITABLE ORGANIZATIONS AND ACTIVITIES THAT ARE SOLELY FOCUSED ON CHARITABLE PURPOSES.

Program Service Accomplishments

Program 1

Expenses: $3,092,176 Revenue: $3,169,325

TO EXCLUSIVELY SUPPORT CHARITABLE ORGANIZATIONS AND ACTIVITIES THAT ARE SOLELY FOCUSED ON CHARITABLE PURPOSES.

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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 $3,169,325

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,169,325

Expense Breakdown

Grants Paid $3,092,176

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,092,176

Other Expenses $13,389

TOTAL EXPENSES $3,105,565

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,169,325	$888,284	+2.6%
Expenses	$3,105,565	$1,342,941	+1.3%
Net Income	$63,760	$-454,657	-1.1%

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
Leonor Palomares	CEO	1.00	Officer Director	$0	$0	$0
Armando Palomares	Secretary	1.00	Officer Director	$0	$0	$0
Stephen Hordynski	CFO	1.00	Officer Director	$0	$0	$0
Reno Cervantes	Member	0.00	Director	$0	$0	$0
Frank Reyes	Member	0.00	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	$3,169,325	$3,105,565	$504,057	$63,760
2023	$888,284	$673,241	$418,847	$215,043
2022	$1,023,989	$819,187	$205,804	$204,802