HISPANICS IN PHILANTHROPY (EIN 943040607) - 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

1981

Legal Domicile

Principal Officer

HEIDY GIL

Phone

4158370427

Tax Period

2023-01-01 to 2023-12-31

HISPANICS IN PHILANTHROPY, founded in 1981, is a mid-sized nonprofit that reported $15.1M in total revenue in fiscal year 2023. Expenses of $18.9M exceeded revenue, resulting in a 25% operating deficit.

Mission

HISPANICS IN PHILANTHROPY'S MISSION IS TO LEVERAGE PHILANTHROPIC RESOURCES TO MOBILIZE AND AMPLIFY THE POWER OF OUR COMMUNITIES.

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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 $11,859,735

Program Service Revenue $2,613,453

Investment Income $605,024

Other Revenue $0

TOTAL REVENUE $15,078,212

Expense Breakdown

Grants Paid $8,426,444

Salaries & Benefits $5,021,857

Fundraising Expenses $961,343

Program Expenses $16,529,589

Other Expenses $5,328,480

TOTAL EXPENSES $18,914,781

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,078,212	$14,516,244	+0.0%
Expenses	$18,914,781	$18,662,601	+0.0%
Net Income	$-3,836,569	$-4,146,357	-0.1%

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

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

$553,761

Total Directors

$315,474

Key Employees

$175,746

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANA MARIE ARGILAGOS	PRESIDENT & CEO	40.00	Officer Director	$303,889	$11,585	$315,474
EFRAIN ESCOBEDO	CHAIR	2.00	Officer Director	$0	$0	$0
CHRISTINE SWITZER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
HILDA POLANCO	TREASURER	2.00	Officer Director	$0	$0	$0
DON CHEN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARCO DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
JONATHAN JAYES-GREEN	BOARD MEMBER	1.00	Director	$0	$0	$0
MANNY SANTAMARIA	BOARD MEMBER	1.00	Director	$0	$0	$0
ELI VELASQUEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
SAUL VALDEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIA SOCORRO PESQUEIRA	SECRETARY	2.00	Officer Director	$0	$0	$0
ICELA PELAYO	BOARD MEMBER	1.00	Director	$0	$0	$0
PILAR PARAS	BOARD MEMBER	1.00	Director	$0	$0	$0
HECTOR MUJICA	AT-LARGE OFFICER	2.00	Director	$0	$0	$0
TONY MESTRES	BOARD MEMBER	1.00	Director	$0	$0	$0
CECILIA GARZA	BOARD MEMBER	1.00	Director	$0	$0	$0
SHAWN ESCOFFERY	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIBEL CIFUENTES	BOARD MEMBER	1.00	Director	$0	$0	$0
ROSA MARIA CASTANEDA	BOARD MEMBER	1.00	Director	$0	$0	$0
MIDY APONTE	BOARD MEMBER	1.00	Director	$0	$0	$0
CATTERINA OLAZABAL	CHIEF FINANCIAL OFFICER	40.00	Officer	$207,336	$30,951	$238,287
JAZMIN CHAVEZ	VP OF PUBLIC AFFAIRS	40.00	Key Emp	$167,999	$7,747	$175,746
JORGE CALDERON	MANAGING DIRECTOR	40.00	Highest	$183,246	$673	$183,919
ALICE HOM	EXECUTIVE DIRECTOR, CHANGE PHILANTHROPY	40.00	Highest	$157,692	$13,893	$171,585
BRENDA VADEN	DEVELOPMENT DIRECTOR	40.00	Highest	$132,348	$16,149	$148,497
TENAJA JORDAN	RESEARCH AND COMMS DIRECTOR	35.00	Highest	$125,404	$6,804	$132,208
ELIZABETH GHORMLEY	OPERATIONS AND CONVENING DIRECTOR	35.00	Highest	$125,404	$6,679	$132,083

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	$15,078,212	$18,914,781	$25,856,775	$-3,836,569
2022	$14,516,244	$18,662,601	$27,478,627	$-4,146,357
2021	$20,330,373	$16,000,335	$32,628,139	$4,330,038
2020	$31,135,866	$22,264,816	$28,405,071	$8,871,050
2019	$15,532,066	$7,980,516	$15,517,659	$7,551,550
2018	$5,325,003	$6,203,183	$10,070,733	$-878,180

HISPANICS IN PHILANTHROPY