Latinos In Action Inc
- Assets
- $518.4k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 15
- Location
- Sandy, UT
- Founding
- 09/2010
- Data as of
- 12/2021
- EIN
- 26-4304427
Organization Overview
Latinos In Action Inc, operating under the name Latinos In Action, is located in Sandy, UT. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Latinos In Action employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latinos In Action 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, Latinos In Action generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 17.9% 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
THE MISSION OF LATINOS IN ACTION IS TO EMPOWER LATINO YOUTH TO BE COLLEGE- AND CAREER-READY THROUGH CULTURE, SERVICE, LEADERSHIP, AND EXCELLENCE IN EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELD 7 HYBRID YOUTH LEADERSHIP CONFERENCES: THREE IN UTAH, TWO IN FLORIDA, ONE IN ARIZONA, AND ONE IN CONNECTICUT, WITH 9 ADDITIONAL STATES PARTICIPATING VIRTUALLY. THESE 1-DAY HYBRID CONFERENCES HAD AN OPENING AND CLOSING CEREMONY HELD AT 2 DIFFERENT IN-PERSON SCHOOL LOCATIONS, WITH ADDITIONAL PARTICIPANTS VIEWING A LIVE BROADCAST THROUGH ZOOM. THESE CONFERENCES WERE AN INNOVATIVE WAY TO CONNECT WITH LIA STUDENTS DURING THE PANDEMIC, CELEBRATING THEIR CULTURE, AND ENCOURAGING HIGH
ORGANIZED MASTERMINDS GROUPS THAT ALLOW LIA STUDENT LEADERS TO SET AND COMPLETE GOALS FOR THEIR LIA CLASSES, GATHERING AS LIA REGIONAL LEADERS TO SUPPORT AND HOLD EACH OTHER ACCOUNTABLE. ALL LIA SCHOOLS WERE ASSIGNED A MASTERMINDS GROUP OF LESS THAN 10 SCHOOLS THAT MEETS QUARTERLY, WITH THE FIRST SESSION HAPPENING DURING THE SUMMER BOOT CAMP AND THE OTHER THREE SESSIONS HAPPENING DURING THE SCHOOL YEAR.
HELD 4 HYBRID STUDENT BOOT CAMPS: TWO IN UTAH AND TWO IN FLORIDA STUDENTS, WITH STUDENTS FROM UTAH, FLORIDA, AND 11 ADDITIONAL STATES JOINING THE EVENTS VIRTUALLY. STUDENTS WERE TRAINED ON HOW TO LEAD AND GUIDE THEIR CLASSES. THEY ALSO LEARNED SOCIAL EMOTIONAL LEARNING (SEL) TOOLS TO PREPARE THEM TO COME BACK TO SCHOOL AFTER THE COVID-19 PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jose Enriquez Founder | OfficerTrustee | 40 | $110,969 |
Monica Budge CFO | Officer | 40 | $46,370 |
Andrew Stubbs Director | OfficerTrustee | 0 | $0 |
Dina Kohler Director | OfficerTrustee | 0 | $0 |
Victor DE Lara Vice Chair | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $124,411 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $278,429 |
| All other contributions, gifts, grants, and similar amounts not included above | $809,677 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,212,517 |
| Total Program Service Revenue | $0 |
| Investment income | $6 |
| 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 | $873 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,348,796 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $157,339 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $434,125 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,250 |
| Payroll taxes | $60,904 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,250 |
| Fees for services: Accounting | $9,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,514 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $72,925 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,597 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,649 |
| Insurance | $3,757 |
| All other expenses | $55,598 |
| Total functional expenses | $1,155,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,913 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $131,631 |
| 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 | $306,770 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,103 |
| Total assets | $518,417 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $257,785 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $132,543 |
| Secured mortgages and notes payable | $22,352 |
| Unsecured mortgages and notes payable | $115,500 |
| Other liabilities | $29,896 |
| Total liabilities | $558,076 |
| Net assets without donor restrictions | $0 |
| 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 | -$39,659 |
| Total liabilities and net assets/fund balances | $518,417 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Latinos In Action Inc has recieved totaling $167,495.
| Awarding Organization | Amount |
|---|---|
United Way Of Salt Lake Salt Lake City, UT PURPOSE: EMPOWER LATINO YOUTH THROUGH CULTURE, SERVICE, LEADERSHIP, AND EXCELLENT EDUCATION W/SOLE PURPOSE OF GRADUATING FROM COLLEGE | $91,745 |
Ihc Health Services Inc Salt Lake City, UT PURPOSE: SUPPORT COMMUNITY HEALTH | $40,750 |
Idaho Community Foundation Inc Boise, ID PURPOSE: SUPPORT LIA PROGRAM EXPANSION IN THE MAGIC VALLEY | $25,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wgu Labs Salt Lake City, UT | $5,412,542 | $17,199,300 |
Legacy Traditional School Maricopa Chandler, AZ | $18,281,409 | $11,917,984 |
Turing School Of Software And Design Denver, CO | $6,210,648 | $10,301,401 |
Rooted Denver, CO | $4,963,250 | $7,608,549 |
United States Space Foundation Colorado Springs, CO | $16,544,992 | $7,378,299 |
Lena Foundation Louisville, CO | $6,954,124 | $11,160,800 |
Starfall Education Foundation Boulder, CO | $23,360,929 | $7,522,820 |
North Valley Christian Academy Phoenix, AZ | $21,880,412 | $8,715,772 |
Colorado High School Activities Association Aurora, CO | $4,647,577 | $4,396,075 |
Blueprint Education In Phoenix, AZ | $3,476,222 | $5,711,311 |
Bountiful Community Food Pantry Bountiful, UT | $1,761,545 | $4,446,864 |
Colorado Uplift Denver, CO | $4,385,940 | $5,341,979 |