Hispanic Entrepreneur Initiative Inc

EIN: 843662332 501(c)(3) Community Improvement

Boca Raton, FL

Total Revenue
$100,895
Total Expenses
$98,243
Total Assets
$18,512
Net Assets
$15,912
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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
2019
Legal Domicile
FL
Principal Officer
Mary Sol Gonzalez
Phone
5618663322
Tax Period
2024-01-01 to 2024-12-31

Hispanic Entrepreneur Initiative Inc, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $101K in total revenue in fiscal year 2024.

Mission

Develop Community Involvement for Hispanic Entrepreneurs

Program Service Accomplishments

Program 1
Expenses: $98,243

1. HEI launched monthly Round Tables for entrepreneurs in Plantation, attracting 250 attendees. 2. HEI presented at the 9th Annual Florida International Trade and Cultural Expo (FITCE) with 300...

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1. HEI launched monthly Round Tables for entrepreneurs in Plantation, attracting 250 attendees. 2. HEI presented at the 9th Annual Florida International Trade and Cultural Expo (FITCE) with 300 attendees. 3. HEI partnered with the City of Sunrise Government and conducted training for 120 entrepreneurs. 4. HEI co-founded the Finance and Economic Development Summit in Sunrise, attended by 200 participants. 5. HEI reached 350 entrepreneurs through the February 2024 Summit. 6. HEI is impacting over 1,400 entrepreneurs through the Summits workshops and programs.7. HEI received a grant and recognition from the Community Foundation Palm Beach County for its contributions to the Hispanic community and capacity-building efforts.

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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 $100,895
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $100,895

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $98,243
Other Expenses $98,243
TOTAL EXPENSES $98,243

Year-over-Year Comparison

2024 2023 Change
Revenue $100,895 N/A N/A
Expenses $98,243 N/A N/A
Net Income $2,652 N/A N/A
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
12
Independent Members
N/A
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Sol Gonzalez CEO 0.00
Officer
$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 $100,895 $98,243 $18,512 $2,652
2023 $98,559 $98,302 $13,260 $257
2022 $216,874 $215,705 $16,423 $1,169
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