PROYECTO FARO INC (EIN 853910001) - 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

AMY DALTON

Phone

8452629586

Tax Period

2023-01-01 to 2023-12-31

PROYECTO FARO INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $291K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

TO ORGANIZE SUPPORT FOR ACUTE AND ONGOING NEEDS OF IMMIGRANTS IN ROCKLAND COUNTY, WE WEAVE SOLIDARITY ACROSS BOUNDARIES OF LEGAL STATUS, COUNTRY OF ORIGIN, AND SECULAR/RELIGIOUS AFFILIATIONS TOWARD BUILDING A BELOVED COMMUNITY IN WHICH ALL PEOPLE CAN LIVE WITHOUT FEAR OR ANXIETY.

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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 $261,798

Program Service Revenue $0

Investment Income $0

Other Revenue $29,061

TOTAL REVENUE $290,859

Expense Breakdown

Grants Paid $0

Salaries & Benefits $258,342

Fundraising Expenses $31,874

Program Expenses $236,374

Other Expenses $46,728

TOTAL EXPENSES $305,070

Year-over-Year Comparison

	2023	2022	Change
Revenue	$290,859	$385,627	-0.2%
Expenses	$305,070	$380,057	-0.2%
Net Income	$-14,211	$5,570	-3.6%

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

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
ANANDA ANGELES	BOARD MEMBER	5.00	Director	$0	$0	$0
HENRY GONZALES	BOARD MEMBER	3.00	Director	$0	$0	$0
ELIZABETH ROBERTS	CO-EXEC DIRE	40.00	Director	$0	$0	$0
MARGARITA SANTANA	DIRECTOR	2.00	Director	$0	$0	$0
JEFF SHALOM	BOARD MEMBER	4.00	Director	$0	$0	$0
DILCIA SUAZO	CO-EXEC DIRE	35.00	Director	$0	$0	$0
AMY DALTON	TREASURER	8.00	Officer	$0	$0	$0
SARAH HENKEL	BOARD SECRET	4.00	Officer	$0	$0	$0
NELCY GARCIA DE LEON	BOARD CHAIR	6.00	Officer	$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	No data	No data	No data	No data
2023	$290,859	$305,070	$137,004	$-14,211
2022	$385,627	$380,057	$153,293	$5,570
2021	$246,588	$138,421	$147,960	$108,167

PROYECTO FARO INC