MEXICAN-AMERICAN DEVELOPMENT ASSOC… - Form 990 Financial Data

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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

1972

Legal Domicile

Principal Officer

CATHY CORDOVA

Phone

9702494774

Tax Period

2019-10-01 to 2020-09-30

MEXICAN-AMERICAN DEVELOPMENT ASSOCIATION INC, founded in 1972, is a micro nonprofit in the Community Improvement sector that reported $43K in total revenue in fiscal year 2019. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $61K exceeded revenue, resulting in a 41% operating deficit.

Mission

PROMOTE THE SELF-SUFFICIENCY AND THE ECONOMIC, SOCIAL, POLITICAL AND EDUCATIONAL WELL BEING OF THE COMMUNITIES AND RESIDENTS OF MONTROSE, DELTA, OURAY, SAN MIGUEL, HINSDALE AND GUNNISON COUNTIES OF COLORADO.

Program Service Accomplishments

Program 1

Expenses: $10,304

ASSISTANCE SERVICES TO LOW INCOME PERSONS, VETERANS AND HOMELESS

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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 (2019)

Revenue Breakdown

Contributions & Grants $19,035

Program Service Revenue $0

Investment Income $3

Other Revenue $24,178

TOTAL REVENUE $43,216

Expense Breakdown

Grants Paid $2,667

Salaries & Benefits $23,630

Fundraising Expenses $0

Program Expenses $10,304

Other Expenses $34,667

TOTAL EXPENSES $60,964

Year-over-Year Comparison

	2019	2018	Change
Revenue	$43,216	$96,581	-0.6%
Expenses	$60,964	$99,460	-0.4%
Net Income	$-17,748	$-2,879	+5.2%

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

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
CATHY CORDOVA	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
CHRIS TRUJILLO	VICE-CHAIRPERSON	1.00	Officer Director	$0	$0	$0
CANDIDA FIERRO	SECRETARY	1.00	Officer Director	$0	$0	$0
LORAINE GONZALES	TREASURER	1.00	Officer Director	$0	$0	$0
BOBBI FRESQUEZ	DIRECTOR	1.00	Director	$0	$0	$0
ED ULIBARRI	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
2020	$43,216	$60,964	$40,720	$-17,748
2019	$96,581	$99,460	$71,545	$-2,879
2018	$123,134	$119,569	$80,755	$3,565

MEXICAN-AMERICAN DEVELOPMENT ASSOCIATION INC