LATINO LEGACY FOUNDATION INC (EIN 850643072) - Form 990 Financial Analysis & Trantor Score

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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

2020

Legal Domicile

Principal Officer

MARIA VELASQUEZ

Phone

6199307246

Tax Period

2024-07-01 to 2025-06-30

LATINO LEGACY FOUNDATION INC, founded in 2020, is a small nonprofit that reported $306K in total revenue in fiscal year 2024. Revenue surged 1258% from the prior year, signaling strong growth momentum. Expenses of $288K left a modest 6% surplus.

Mission

THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO PRESERVE, EDUCATE AND RECOGNIZE THE CONTRIBUTIONS AND ACHIEVEMENTS THAT PEOPLE OF LATINO HERITAGE HAVE MADE AND WILL CONTINUE TO MAKE TO HUMANITY.

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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 $306,440

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $306,440

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $262,404

Other Expenses $288,269

TOTAL EXPENSES $288,269

Year-over-Year Comparison

	2024	2023	Change
Revenue	$306,440	$22,563	+12.6%
Expenses	$288,269	$22,208	+12.0%
Net Income	$18,171	$355	+50.2%

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

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
MARIA VELASQUEZ	PRESIDENTCHAIR	40.00	Officer Director	$0	$0	$0
RICHARD YBARRA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RICARDO FLORES	SECRETARY AND TREASURER	2.00	Officer Director	$0	$0	$0
EDWARD LOPEZ	BOARD MEMBER	2.00	Director	$0	$0	$0
MARIA NIETO SENOUR	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH MARTINEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
GEORGE SALDAMANDO	BOARD MEMBER	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
2025	$306,440	$288,269	$229,351	$18,171
2023	$6,108	$22,200	$501,681	$-16,092

LATINO LEGACY FOUNDATION INC