ASSOCIATED MINORITY CONTRACTORS OF (EIN 860991388) - 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

2000

Legal Domicile

Principal Officer

RICARDO CARLO

Phone

6024950026

Tax Period

2024-01-01 to 2024-12-31

ASSOCIATED MINORITY CONTRACTORS OF, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $283K in total revenue in fiscal year 2024.

Mission

INITIATE, ENCOURAGE, AND ASSIST IN THE FORMATION OF AN EDUCATIONAL INSTITUTE FOR MINORITY AND WOMEN-OWNED CONSTRUCTION CONTRACTORS; INITIATE AND OPERATE TRAINING PROGRAMS FOR PERSONS DESIRING EMPLOYMENT IN THE BUILDING TRADES IN ORDER TO ASSURE EQUAL OPPORTUNITY IN THIS INDUSTRY.

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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 $127,025

Program Service Revenue $80,780

Investment Income $3,714

Other Revenue $71,823

TOTAL REVENUE $283,342

Expense Breakdown

Grants Paid $0

Salaries & Benefits $184,152

Fundraising Expenses $0

Program Expenses $167,267

Other Expenses $109,415

TOTAL EXPENSES $293,567

Year-over-Year Comparison

	2024	2023	Change
Revenue	$283,342	$286,040	0.0%
Expenses	$293,567	$305,557	0.0%
Net Income	$-10,225	$-19,517	-0.5%

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

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

$126,300

Total Directors

$126,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICARDO CARLO	PRESIDENT	40.00	Officer Director	$126,300	$0	$126,300
BRYONNA ALLEN	DIRECTOR	N/A	Director	$0	$0	$0
ANTHONY DAVENPORT	DIRECTOR	N/A	Director	$0	$0	$0
ROSS DIETRICH	BOARD CHAIR	N/A	Director	$0	$0	$0
SHERRI HILL	TREASURER	N/A	Officer Director	$0	$0	$0
MARIE HOOVER	DIRECTOR	N/A	Director	$0	$0	$0
KENT LANE	DIRECTOR	N/A	Director	$0	$0	$0
BONNIE LUCAS	DIRECTOR	N/A	Director	$0	$0	$0
CHERRI MARRESE	DIRECTOR	N/A	Director	$0	$0	$0
NICK MCCULLY	DIRECTOR	N/A	Director	$0	$0	$0
ROSEMARY MIDDLETON	DIRECTOR	N/A	Director	$0	$0	$0
JIM QUINN	IMMEDIATE PA	N/A	Officer Director	$0	$0	$0
TRACY SANDERS	SECRETARY	N/A	Director	$0	$0	$0
GEORGE SARKIS	DIRECTOR	N/A	Director	$0	$0	$0
SYLVIA SMITH	DIRECTOR	N/A	Director	$0	$0	$0
JULIA VILLARREAL	DIRECTOR	N/A	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	$283,342	$293,567	$170,670	$-10,225
2023	$286,040	$305,557	$213,551	$-19,517
2022	$374,050	$272,524	$202,183	$101,526
2021	$244,757	$243,774	$112,982	$983
2020	$181,685	$239,797	$90,345	$-58,112
2019	$303,759	$211,595	$138,952	$92,164

ASSOCIATED MINORITY CONTRACTORS OF