LATINO RESTAURANT ASSOCIATION FOUNDATION (EIN 871608004) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

LILLY ROCHA

Phone

6264879085

Tax Period

2024-01-01 to 2024-12-31

LATINO RESTAURANT ASSOCIATION FOUNDATION, founded in 2021, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $330K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $388K exceeded revenue, resulting in a 18% operating deficit.

Mission

The Latino Restaurant Association (LRA) champions Latino restaurateurs and small businesses nationwide, ensuring equitable economic growth and fostering vibrant connections within the community. Our members unite to network, market their brands, and innovate their businesses with a commitment to excellence and inclusivity.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $175,417

Program Service Revenue $154,215

Investment Income $0

Other Revenue $0

TOTAL REVENUE $329,632

Expense Breakdown

Grants Paid $74,576

Salaries & Benefits $180,234

Fundraising Expenses $0

Program Expenses $74,576

Other Expenses $133,186

TOTAL EXPENSES $387,996

Year-over-Year Comparison

	2024	2023	Change
Revenue	$329,632	$419,372	-0.2%
Expenses	$387,996	$590,752	-0.3%
Net Income	$-58,364	$-171,380	-0.7%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

$143,077

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LILLY ROCHA	Executive Dir.	40.00	Officer	$143,077	$0	$143,077
LUCY THOMPSON	Director	0.50	Director	$0	$0	$0
EDWARD AVIS	Director	0.50	Director	$0	$0	$0
CHRISTY VEGA	Director	0.50	Director	$0	$0	$0
CLAUDIA BODAN	Treasurer	0.50	Officer	$0	$0	$0
ANDY CARRASCO	Secretary	0.50	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	$329,632	$387,996	$23,553	$-58,364
2023	$419,372	$590,752	$81,917	$-171,380

LATINO RESTAURANT ASSOCIATION FOUNDATION