SOMOS SIEMBRA (EIN 872266951) - 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

2021

Legal Domicile

Principal Officer

KELLY MORALES

Phone

3366559997

Tax Period

2023-01-01 to 2023-12-31

SOMOS SIEMBRA, founded in 2021, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $1.2M left a modest 12% surplus.

Mission

SOMOS SIEMBRA IS A STATE-WIDE LATINX BASE-BUILDING ORGANIZATION CREATED IN RESPONSE TO ATTACKS ON IMMIGRANT AND LATINX COMMUNITIES AS WELL AS TO FILL THE GAP IN SUPPORT AND RESOURCES FOR THE BROADER LATINX COMMUNITY IN NORTH CAROLINA.

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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 $1,420,350

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,420,350

Expense Breakdown

Grants Paid $15,000

Salaries & Benefits $667,386

Fundraising Expenses $40,858

Program Expenses $983,937

Other Expenses $559,635

TOTAL EXPENSES $1,249,571

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,420,350	$2,032,448	-0.3%
Expenses	$1,249,571	$259,187	+3.8%
Net Income	$170,779	$1,773,261	-0.9%

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

$202,781

Total Directors

$99,385

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CASEY THOMAS	PRESIDENT	1.00	Officer Director	$0	$0	$0
ELIZABETH SIMPSON	TREASURER	1.00	Officer Director	$0	$0	$0
KELLY MORALES	SECRETARY, CO-EXECUTIVE DIRECTOR	10.00	Officer Director	$51,009	$14,069	$99,385
NICOLE MARIN	CO-EXECUTIVE DIRECTOR	10.00	Officer	$52,182	$20,580	$103,396
LAURA GARDUNO-GARCIA	EMPLOYEE	40.00	Highest	$106,371	$25,240	$131,611

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	$1,420,350	$1,249,571	$2,950,767	$170,779
2022	$2,032,448	$259,187	$1,948,570	$1,773,261

SOMOS SIEMBRA