UTAH HISPANIC CHAMBER OF COMMERCE INC (EIN 870501979) - 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

1998

Legal Domicile

Principal Officer

NELSON ALTAMIRANO

Phone

8015323308

Tax Period

2024-01-01 to 2024-12-31

UTAH HISPANIC CHAMBER OF COMMERCE INC, founded in 1998, is a small nonprofit that reported $291K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

EXPAND UTAH'S HISPANIC BUSINESS AND IMPROVE THE 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 $290,653

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $290,653

Expense Breakdown

Grants Paid $0

Salaries & Benefits $214,938

Fundraising Expenses $0

Other Expenses $93,737

TOTAL EXPENSES $308,675

Year-over-Year Comparison

	2024	2023	Change
Revenue	$290,653	$373,325	-0.2%
Expenses	$308,675	$348,770	-0.1%
Net Income	$-18,022	$24,555	-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

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

$141,446

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUAN PASCUA	PAST EXEC DI	40.00	Officer	$141,446	$0	$141,446
NELSON ALTAMIRANO	BOARD CHAIR	N/A	Officer Director	$0	$0	$0
SANDRA CARPIO	INTERIM SECR	N/A	Officer Director	$0	$0	$0
CARMEN CHAIRES	MEMBER	N/A	Director	$0	$0	$0
CYNTHIA JIJON	MEMBER	N/A	Director	$0	$0	$0
ILEANA MCDONALD	MEMBER	N/A	Director	$0	$0	$0
JESUS RUIZ	MEMBER	N/A	Director	$0	$0	$0
NICK SANCHEZ	BOARD TREASU	N/A	Officer Director	$0	$0	$0
RANDAL SERR	MEMBER	N/A	Director	$0	$0	$0
YESICA SILVA	MEMBER	N/A	Director	$0	$0	$0
JENNIFER TARAZON	MEMBER	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	$290,653	$308,675	$9,697	$-18,022
2023	$373,325	$348,770	$27,719	$24,555

UTAH HISPANIC CHAMBER OF COMMERCE INC