CONEXION DE NEGOCIOS LATINOS

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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

IRMA CHAVEZ

Phone

4796337399

Tax Period

2024-01-01 to 2024-12-31

CONEXION DE NEGOCIOS LATINOS, founded in 2021, is a small nonprofit in the Human Services sector that reported $391K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

to promote leadership,networking, and support the success of the Latino community by providing resources, information, and education while promoting theawareness of the Latinx culture and helping Latinos in the US acclimate socially and financially

Program Service Accomplishments

Program 1

To promote leadership, networking, and support the success of the Latino community byproviding resources, information, and education while promoting the awareness of the Latinxculture and helping...

To promote leadership, networking, and support the success of the Latino community byproviding resources, information, and education while promoting the awareness of the Latinxculture and helping Latinos in the US acclimate socially and financially.B. To help burgeoning entrepreneurs grow by supporting each other without envy and by creatinghealthy relationships between them.C. To build and strengthen a vibrant, prosperous, and connected Latinx community.

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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 $391,193

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $391,193

Expense Breakdown

Grants Paid $4,056

Salaries & Benefits $213,498

Fundraising Expenses $0

Other Expenses $152,484

TOTAL EXPENSES $387,910

Year-over-Year Comparison

	2024	2023	Change
Revenue	$391,193	$351,039	+0.1%
Expenses	$387,910	$329,973	+0.2%
Net Income	$3,283	$21,066	-0.8%

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

N/A

Employees

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

$69,808

Total Directors

$183,815

Key Employees

$178,269

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IRMA CHAVEZ	CEO	040.00	Officer Director Key Emp Highest	$69,808	$0	$69,808
DIEGO MORALES IBARRA	DEPUTY DIRECTOR	040.00	Director Key Emp	$65,192	$0	$65,192
MARIA FELIX BAHENA SANTOS	ASSISTANT KEY EMPLOYEE	040.00	Director Key Emp	$43,269	$0	$43,269
ARIANA PALMER	BUSINESS CONSULTAN EMPLOYEE	040.00	Director	$5,546	$0	$5,546
EDDIE RAMOS	PRESIDENT OF BOARD	001.00	Officer Director	$0	$0	$0
JANETH MOTA	SECRETARY OF BOARD	001.00	Director	$0	$0	$0
PATSY VEGA	CHAIR MEMBER	001.00	Director	$0	$0	$0
SANDRA CARRASCO	TREASURE OF BOARD	001.00	Director	$0	$0	$0
GEORGE RAMIREZ	CHAIR MEMBER	001.00	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
2024	$391,193	$387,910	$3,283	$3,283
2023	No data	No data	No data	No data
2023	$351,199	$352,026	$59,725	$-827
2022	$315,133	$254,581	$60,552	$60,552
2021	No data	No data	No data	No data