FOSTER GRANDPARENT PROGRAM 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

1998

Legal Domicile

Principal Officer

Ignacio Salazar

Phone

5058666313

Tax Period

2023-07-01 to 2024-06-30

FOSTER GRANDPARENT PROGRAM INC, founded in 1998, is a small nonprofit in the Human Services sector that reported $435K in total revenue in fiscal year 2023.

Mission

TO PROVIDE LOW INCOME ELDERLY THE OPPORTUNITY TO WORK WITH SPECIAL NEEDS CHILDREN AND TO ENABLE PERSONS OVER THE AGE OF 50 TO REMAIN PHYSICALLY AND MENTALLY ACTIVE AND ENHANCE THEIR SELF ESTEEM THROUGH PARTICIPATION IN NEEDED COMMUNITY SERVICE

Program Service Accomplishments

Program 1

Expenses: $435,226 Revenue: $0

PROVIDE LOW INCOME ELDERLY THE OPPORTUNTIY TO WORK WITH SPECIAL NEEDS CHILDREN

Program 2

Expenses: $0 Revenue: $0

n/a

Program 3

Expenses: $0 Revenue: $0

N/A

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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 (2023)

Revenue Breakdown

Contributions & Grants $435,226

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $435,226

Expense Breakdown

Grants Paid $0

Salaries & Benefits $110,555

Fundraising Expenses $0

Program Expenses $435,226

Other Expenses $324,671

TOTAL EXPENSES $435,226

Year-over-Year Comparison

	2023	2022	Change
Revenue	$435,226	$435,226	N/A
Expenses	$435,226	$435,226	N/A
Net Income	$0	$0	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

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

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
MIKE C DEBACA	BOARD CHAIRMAN	2	Director	$0	$0	$0
ELOY GONZALES	BOARD SECRETARY/TREASURER	1	Director	$0	$0	$0
LORENZO GONZALES	DIRECTOR	1	Director	$0	$0	$0
ROSE MARIE RODRIQUEZ	DIRECTOR	1	Director	$0	$0	$0
RON CHAVEZ	DIRECTOR	1	Director	$0	$0	$0
LARRY LORENZO	DIRECTOR	1	Director	$0	$0	$0
IGNACIO SALAZAR	PRESIDENT	10	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
2026	No data	No data	No data	No data
2025	No data	No data	No data	No data
2024	$435,226	$435,226	No data	No data
2023	$432,726	$432,726	No data	No data
2022	$425,551	$425,551	No data	No data
2021	$378,349	$378,349	No data	No data