CICERO INDEPENDIENTE NFP

EIN: 923042682 501(c)(3) Arts, Culture & Humanities

CICERO, IL

Total Revenue
$292,904
Total Expenses
$327,707
Total Assets
$795,614
Net Assets
$6,620
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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
2023
Legal Domicile
IL
Tax Period
2023-01-01 to 2023-12-31

CICERO INDEPENDIENTE NFP, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $293K in total revenue in fiscal year 2023. Expenses of $328K exceeded revenue, resulting in a 12% operating deficit.

Mission

A JOURNALISM AND MEDIA ORGANIZATION THAT PROVIDES BILINGUAL CIVIC INFRMATION AND NEWS TO ENGAGE RESIDENTS OF CIRERO AND BERWYN IL IN CRITICAL PUBLIC CONVERSATIONS.WE PROVIDE EDUCATIONAL OPPORTUNITIES AROUND JOURNALISM TO MEET LOCAL INFORMATION NEEDS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $292,904
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $292,904

Expense Breakdown

Grants Paid $0
Salaries & Benefits $167,719
Fundraising Expenses $57,413
Program Expenses $210,769
Other Expenses $159,988
TOTAL EXPENSES $327,707

Year-over-Year Comparison

2023 2022 Change
Revenue $292,904 N/A N/A
Expenses $327,707 N/A N/A
Net Income $-34,803 N/A N/A
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

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Governance

Voting Members
1
Independent Members
1
Employees
3
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
0
$0
Total Directors
1
$2,245
Key Employees
3
$156,830
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
APRIL ALONSO PRESIDENT 40.00
Key Emp
$60,000 $0 $60,000
IRENE ROMULO DEV & COMMUNITY ENGAGEMENT DI 40.00
Key Emp
$60,000 $0 $60,000
LUIS VELAZQUEZ SECRETARY 40.00
Key Emp
$36,830 $0 $36,830
JESUS MONTERO VOTING MEMBER 3.00
Director
$2,245 $0 $2,245
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
2023 $292,904 $327,707 $795,614 $-34,803
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