Glendale Latino Association Inc

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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

1991

Legal Domicile

Principal Officer

Sylvia Garciga

Tax Period

2025-01-01 to 2025-12-31

Glendale Latino Association Inc, founded in 1991, is a micro nonprofit in the Education sector that reported $40K in total revenue in fiscal year 2025. Revenue decreased 12% compared to the prior year. Expenses of $45K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROMOTE AWARENESS OF HISPANIC BUSINESSES AND PROFESSIONALS, PROMOTE ACTIVITIES WHICH IMPROVE EDUCATION, AND PROVIDE SCHOLARSHIPS TO LOCAL STUDENTS.

Program Service Accomplishments

Program 1

Expenses: $37,915

TO PROMOTE AWARENESS OF HISPANIC BUSINESSES AND PROFESSIONALS, PROMOTE ACTIVITIES WHICH IMPROVE EDUCATION AND PROVIDE SCHOLARSHIPS TO LOCAL STUDENTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $10,622

Program Service Revenue $0

Investment Income $0

Other Revenue $29,305

TOTAL REVENUE $39,927

Expense Breakdown

Grants Paid $36,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,915

Other Expenses $7,849

TOTAL EXPENSES $44,599

Year-over-Year Comparison

	2025	2024	Change
Revenue	$39,927	$45,628	-0.1%
Expenses	$44,599	$39,615	+0.1%
Net Income	$-4,672	$6,013	-1.8%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Manuel Cid	Director	Director	$0	$0	$0
Fanny Zamarripa	Director	Director	$0	$0	$0
Rosy Alonso	Director	Director	$0	$0	$0
Jasmine Venegas Goulet	Vice President	Officer Director	$0	$0	$0
Sylvia Garciga	Treasurer	Officer	$0	$0	$0
Lt Tigran Topadzhikyan	Secretary	Officer	$0	$0	$0
Anita Quinones Gabrillian	Past President	Officer	$0	$0	$0
J Guillermo Garcia	President	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
2025	$39,927	$44,599	$59,297	$-4,672
2024	$45,628	$39,615	$64,485	$6,013
2023	$33,908	$27,962	$58,472	$5,946
2022	$32,928	$33,191	$52,526	$-263
2021	$21,947	$26,667	$52,789	$-4,720
2020	$46,732	$27,353	$57,478	$19,379