MEXICAN-AMERICAN DEVELOPMENT ASSOCIATION INC

EIN: 840616860 501(c)(3) Community Improvement

MONTROSE, CO

Total Revenue
$43,216
Total Expenses
$60,964
Total Assets
$40,720
Net Assets
$40,720
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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
CO
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

ASSISTANCE SERVICES FOR 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%)

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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

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Governance

Voting Members
6
Independent Members
6
Employees
3
Volunteers
24

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
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
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