FRIENDS OF KARDIAS FOUNDATION ATTN SERGIO LAGUNES (EIN 850746123) - 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

2021

Legal Domicile

Principal Officer

SERGIO LAGUNES

Phone

2127163305

Tax Period

2024-04-01 to 2025-03-31

FRIENDS OF KARDIAS FOUNDATION ATTN SERGIO LAGUNES, founded in 2021, is a small nonprofit in the Health Care sector that reported $326K in total revenue in fiscal year 2024. Revenue surged 211% from the prior year, signaling strong growth momentum. Expenses of $397K exceeded revenue, resulting in a 22% operating deficit.

Mission

THE FRIENDS OF KARDIAS FOUNDATION'S EXEMPT PURPOSE IS TO RAISE FUNDS AND DONATE THOSE FUNDS IN ORDER TO IMPROVE THE QUALITY OF HEALTHCARE AVAILABLE AND TO INCREASE ACCESS TO HEALTHCARE FOR ALL REGARDLESS OF THE ABILITY TO PAY. THE FOUNDATION WILL RAISE FUNDS AND DONATE SUCH FUNDS TO ORGANIZATIONS OFFERING HEALTH ADVOCACY AND PROMOTING PUBLIC HEALTH AND ACCESS TO HEALTHCARE.

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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 $320,125

Program Service Revenue $0

Investment Income $6,086

Other Revenue $0

TOTAL REVENUE $326,211

Expense Breakdown

Grants Paid $391,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $391,000

Other Expenses $6,280

TOTAL EXPENSES $397,280

Year-over-Year Comparison

	2024	2023	Change
Revenue	$326,211	$104,824	+2.1%
Expenses	$397,280	$7,282	+53.6%
Net Income	$-71,069	$97,542	-1.7%

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
MARCELA GONZALEZ DE COSIO	DIRECTOR	4.00	Director	$0	$0	$0
SERGIO LAGUNES	DIRECTOR	5.00	Director	$0	$0	$0
CARLOS MADRAZO	DIRECTOR	1.00	Director	$0	$0	$0
GORDON LEE	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
2025	$326,211	$397,280	$152,376	$-71,069
2023	$697,135	$605,476	$119,903	$91,659

FRIENDS OF KARDIAS FOUNDATION ATTN SERGIO LAGUNES