LATINO ARTE AND CULTURE (EIN 853814363) - 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

Mario Delarosa

Phone

7753787025

Tax Period

2024-01-01 to 2024-12-31

LATINO ARTE AND CULTURE, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $242K in total revenue in fiscal year 2024. The organization ran a surplus of $38K, a strong 16% operating margin.

Mission

Our mission is to create, produce, and present diverse Latino-Hispanic arts and culture. We aim to promote our diversity through events such as cultural festivals, Literary Encounters, Spanish and Bilingual Theater, and offer workshops. We advocate for people's opportunities to access the arts; we want artists to have access to resources and forums; we support creative writers with gatherings and publishing; we look to have our arts and culture to be included and also be inclusive; we advocate for equity for all and foster an elevated sense of awareness of who we are.

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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 $0

Program Service Revenue $242,054

Investment Income $0

Other Revenue $0

TOTAL REVENUE $242,054

Expense Breakdown

Grants Paid $0

Salaries & Benefits $148,894

Fundraising Expenses $0

Program Expenses $204,306

Other Expenses $55,412

TOTAL EXPENSES $204,306

Year-over-Year Comparison

	2024	2023	Change
Revenue	$242,054	N/A	N/A
Expenses	$204,306	N/A	N/A
Net Income	$37,748	$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

Independent Members

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

$101,323

Total Directors

$101,323

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mario Delarosa	Chair/Executive Director	40.00	Officer Director	$81,053	$0	$81,053
Annamaria Cavallone	Treasurer/Programmimg Director	40.00	Officer Director	$20,270	$0	$20,270
Nancy Segoviano	Director	0.5	Director	$0	$0	$0
Ivet Contreras	Director	0.5	Director	$0	$0	$0
Claudia Grady	Secretary	0.5	Director	$0	$0	$0
Mary Tagle	Director	0.5	Director	$0	$0	$0
Astrid Perez	Director	0.5	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	$242,054	$204,306	$37,748	$37,748

LATINO ARTE AND CULTURE