Latin American And Caribbean Network For Democracy Inc
- Assets
- $106.5k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Wayland, MA
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 26-3636655
Organization Overview
Latin American And Caribbean Network For Democracy Inc is located in Wayland, MA. The organization was established in 2011. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latin American And Caribbean Network For Democracy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Latin American And Caribbean Network For Democracy Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.4% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 35.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE, EDUCATIONAL, AND CIVIC ACTIVITIES TO PROMOTE DEMOCRACY, HUMAN RIGHTS, AND GOVERNANCE IN LATIN AMERICAN AND CARIBBEAN COUNTRIES AND ENGAGEMENT WITH UNIVERSAL VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOS-ORGANIZATION, PROMOTION, TRAINING AND SUPPORT CSO TO ADVANCE IN THE CREATION OF A REGIONAL NETWORK FOR THE SUMMIT OF THE AMERICAS. DEPARTMENT OF STATE: ORGANIZATION CSO SUMMIT OF THE AMERICAS (PASCA).
PROJECTO D.R.L.-ADVANCE IN THE PROMOTION AND DEFENSE OF FREEDOM OF RELIGION AND BELIEF IN THE CONTINENT, THROUGH I) THE CREATION OF A RELIGIOUS FREEDOM OBSERVATORY AND AN ALERT SYSTEM, II) POLITICAL ADVOCACY IN THE OAS AND THE INTER-AMERICAN AND GLOBAL HUMAN RIGHTS SYSTEMS, III) THE STRENGTHENING OF NEW LEADERSHIPS.
NED-STRENGTHENING CIVIL SOCIETY IN LATIN AMERICAN COUNTRIES.
PROMOTION OF HUMAN RIGHTS AND DEMOCRACY IN CLOSE COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Enrique DE Obarrio President | OfficerTrustee | 3 | $0 |
Sergio Balladares CFO | OfficerTrustee | 3 | $0 |
Gina Romero CEO | Officer | 40 | $0 |
Marta Gaba Director | Trustee | 3 | $0 |
Luis Olave Director | Trustee | 3 | $0 |
Andres Rivera Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,127,887 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,026 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,128,913 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,142,210 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $751,131 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $201,630 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,178 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,049 |
| Information technology | $4,896 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $49,231 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,266 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,186 |
| Insurance | $0 |
| All other expenses | $2,073 |
| Total functional expenses | $1,163,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,403 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,330 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,762 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $106,495 |
| Accounts payable and accrued expenses | $47,261 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $47,261 |
| Net assets without donor restrictions | $59,234 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $106,495 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Latin American And Caribbean Network For Democracy Inc has recieved totaling $115,000.
| Awarding Organization | Amount |
|---|---|
National Endowment For Democracy Washington, DC PURPOSE: EDUCATION, COMMUNICATION, & CULTURE | $115,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ibm International Foundation Armonk, NY | $379,735,895 | $37,675,246 |
International Brotherhood Of Electl Wkrs 43 & Electrical Contract Wlfr Syracuse, NY | $54,107,460 | $23,322,409 |
American Friends Of Hebron Yeshiva Jerusalem Inc New York, NY | $25,067,213 | $12,744,013 |
American Friends Of Nishmat New York, NY | $924,715 | $3,909,273 |
Worldscale Assoc Nyc Inc New York, NY | $4,101,775 | $1,283,281 |
Aleph Society Inc New York, NY | $1,195,690 | $2,418,228 |
Latin American And Caribbean Network For Democracy Inc Wayland, MA | $106,495 | $1,142,210 |
American Friends Of Sucath David Inc Brooklyn, NY | $50,628 | $601,691 |
American Friends Of Bnei Akiva Yeshivas In Israel Inc New York, NY | $232,193 | $1,234,954 |
International Grooving & Grinding Assoc Inc West Coxsackie, NY | $2,039,990 | $893,129 |
Wells Mountain Initiative Inc Bristol, VT | $3,066,989 | $541,087 |
International Association Of Special Investigation Units Inc Albany, NY | $1,780,499 | $772,689 |