FILIPINO COMMUNITY OF SOLANO COUNT… - Form 990 Financial Data

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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

1946

Legal Domicile

Principal Officer

CRIS VILLANUEVA

Phone

7076444716

Tax Period

2023-01-01 to 2023-12-31

FILIPINO COMMUNITY OF SOLANO COUNTY INC, founded in 1946, is a small nonprofit in the Religion sector that reported $772K in total revenue in fiscal year 2023. Revenue surged 348% from the prior year, signaling strong growth momentum. The organization ran a surplus of $523K, a strong 68% operating margin.

Mission

TO HELP MEMBERS STRENGTHEN THEIR CAMARADERIE AND MUTUAL ASSISTANCE IN CASE OF NEEDS

Program Service Accomplishments

Program 1

Expenses: $77,795 Revenue: $77,210

THE PISTA SA NAYON IS AN ANNUAL EVENT CELEBRATING THE PHILIPINE INDEPENDENCE BY SHOWING THE FILIPINO CULTURE LIKE NATIVE DANCES VARIOUS ARTS AND ETHNIC GROUP PERFORMANCES. THIS YEAR WE ACTIVELY...

THE PISTA SA NAYON IS AN ANNUAL EVENT CELEBRATING THE PHILIPINE INDEPENDENCE BY SHOWING THE FILIPINO CULTURE LIKE NATIVE DANCES VARIOUS ARTS AND ETHNIC GROUP PERFORMANCES. THIS YEAR WE ACTIVELY RECRUITED THE YOUTH'S PARTICIPATION WHICH INCLUDED BUT NOT LIMITED TO MARTIAL ARTS,,SKIING COMPETITION AND OTHER SHOWS AND PERFORMANCES. THE EVENT WAS ATTENDED BY MORE THAN 10,000 PARTICIPANTS AND GUESTS.

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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 $244,528

Program Service Revenue $0

Investment Income $603,064

Other Revenue $-75,323

TOTAL REVENUE $772,269

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $88,162

Program Expenses $77,795

Other Expenses $248,816

TOTAL EXPENSES $248,816

Year-over-Year Comparison

	2023	2022	Change
Revenue	$772,269	$172,526	+3.5%
Expenses	$248,816	$171,023	+0.5%
Net Income	$523,453	$1,503	+347.3%

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

N/A

Independent Members

N/A

Employees

N/A

Volunteers

165

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRIS VILLANUEVA	PRESIDENT	8.00	Officer Key Emp	$0	$0	$0
LUCHIE MARTE	SECRETARY	2.00	Officer	$0	$0	$0
ERNESTINE VILLANUEVA	TREASURER	3.00	Officer	$0	$0	$0
AURORA GEARHART	AUDITOR	3.00	Officer	$0	$0	$0
ERNESTO RAMIREZ	BOARD MEMBER	1.00	Officer	$0	$0	$0
ELOISE SCOTT	BOARD MEMBER	2.00	Officer	$0	$0	$0
LEONARDO PLACIDO	BOARD MEMBER	2.00	Officer	$0	$0	$0
ANNIE FRIASRAMOS	BOARD MEMBER	4.00	Officer	$0	$0	$0
EVA CALILAN	BOARD MEMBER	1.00	Officer	$0	$0	$0
JESS RAMOS	VICE PRESIDENT	4.00	Officer	$0	$0	$0
NORMA PLACIDO	BOARD MEMBER	2.00	Officer	$0	$0	$0
CANDY VILLANUEVA	BOARD MEMBER	2.00	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	No data	No data	No data	No data
2023	$772,269	$248,816	$2,204,340	$523,453
2022	$172,526	$171,023	$1,649,200	$1,503
2020	$-16,493	$29,630	$1,671,674	$-46,123

FILIPINO COMMUNITY OF SOLANO COUNTY INC