LUSO-AMERICAN FINANCIAL A FRATERNAL BENEFIT SOCIETY

EIN: 940401313

Dublin, CA

Total Revenue
$13,190,473
Total Expenses
$13,976,581
Total Assets
$141,688,736
Net Assets
$3,614,969
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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
1957
Legal Domicile
CA
Principal Officer
SUE NICHOLS
Phone
9258284884
Tax Period
2024-01-01 to 2024-12-31

LUSO-AMERICAN FINANCIAL A FRATERNAL BENEFIT SOCIETY, founded in 1957, is a mid-sized nonprofit that reported $13.2M in total revenue in fiscal year 2024.

Mission

LUSO AMERICAN FINANCIAL is a fraternal benefit society serving over 19,000 members, issuing at least two of its publications a year. The Society provides life and annuity products for its members.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,594,171
Investment Income $7,100,072
Other Revenue $496,230
TOTAL REVENUE $13,190,473

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,026,124
Fundraising Expenses $0
Program Expenses $11,882,284
Other Expenses $2,912,465
TOTAL EXPENSES $13,976,581

Year-over-Year Comparison

2024 2023 Change
Revenue $13,190,473 $12,900,869 +0.0%
Expenses $13,976,581 $14,284,512 0.0%
Net Income $-786,108 $-1,383,643 -0.4%
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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Governance

Voting Members
10
Independent Members
N/A
Employees
18
Volunteers
1950

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
2
$279,998
Total Directors
9
$0
Key Employees
2
$176,088
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sue Nichols Controller 40
Officer Key Emp
$169,962 $0 $169,962
Esther Mahler Corporate Secretary 40
Officer
$110,036 $0 $110,036
Daniel Sequeira Sales Director 40
Key Emp
$6,126 $0 $6,126
Mina Grosso Board Member 4.0
Director
$0 $0 $0
Maritana Guadalupe Board Member 4
Director
$0 $0 $0
Judy Mottini Board Member 4
Director
$0 $0 $0
Dan Rocha Board Member 4
Director
$0 $0 $0
Liz Motta Board Member 4
Director
$0 $0 $0
Tina Medeiros Board Member 4
Director
$0 $0 $0
John Perdigao Board Member 4
Director
$0 $0 $0
Anthony G Sozinho Chair Member 4
Director
$0 $0 $0
Manuel Vieira Board Member 4
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 $13,190,473 $13,976,581 $141,688,736 $-786,108
2023 $12,900,869 $14,284,512 $140,461,043 $-1,383,643
2022 $13,781,778 $15,251,416 $139,539,836 $-1,469,638
2021 $14,039,396 $14,536,677 $136,150,844 $-497,281
2020 $14,798,489 $13,927,402 $130,783,535 $871,087
2019 $13,354,418 $13,463,979 $122,875,729 $-109,561
2018 $15,257,325 $14,539,023 $119,044,469 $718,302
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