Latin American Association Inc

Organization Overview

Latin American Association Inc is located in Atlanta, GA. The organization was established in 1977. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Latin American Association Inc employed 122 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latin American Association 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 06/2022, Latin American Association Inc generated $4.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $5.4m during the year ending 06/2022. While expenses have increased by 6.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE LAA EMPOWERS LATINOS TO ADAPT, INTEGRATE AND THRIVE BY PROVIDING RESOURCES SUCH AS FOOD, SHELTER, CLOTHING, ECONOMIC PROGRAMS, A LATINA ENTREPRENEURAL PROGRAM AS WELL AS YOUTH MENTORING AND IMMIGRATION SERVICES

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOR OVER 50 YEARS, THE LATIN AMERICAN ASSOCIATION (LAA) HAS BEEN THE REGION'S LEADING AGENCY REPRESENTING GEORGIA'S LATINO COMMUNITY. LAA EMPOWERS GEORGIA'S LATINO COMMUNITIES, PARTICULARLY THOSE WITH LOW-INCOMES, LIMITED ENGLISH PROFICIENCY, AND RISK OF HOMELESSNESS. THE LAA DOES NOT DISCRIMINATE IN OUR SERVICE PROVISION. THE LAA OFFERS A COMPEHENSIVE AND HOLISTIC BLEND OF SERVICES THAT HELPS LATINO INDIVIDUALS ASSIMILATE AND BECOME CONTRIBUTING MEMBERS OF GEORGIA'S COMMUNITY. THE LAA PROVIDES OVER 43,000 SERVICES EVERY YEAR TO INDIVIDUALS AND FAMILIES. THE LAA DOES THIS BY ASSISTING CLIENTS IN SORTING THROUGH ALL AVAILABLE DIRECT AND EMERGENCY RELIEF OPTIONS. IMPORTANTLY, THE LAA PROVIDES ALL SERVICES IN SPANISH AND IN AN ENVIRONMENT THAT IS CULTURALLY RESPONSIVE TO THEM. THE LAA'S TEAM OF FULLY BILINGUAL CASE MANAGERS SUPPORT EACH CLIENT BY MEETING WITH THEM TO DETERMINE THEIR GOALS FOR INCREASING WELL-BEING, AND ENSURING LONG-TERM STABILITY. LAA STAFF DIRECTLY PROVIDE SERVICES AND REFERRALS FOR RESOURCES, SUCH AS FOOD, SHELTER, CLOTHING, CASE MANAGEMENT, AND DOMESTIC VIOLENCE MITIGATION. ONCE A CLIENT IS STABILIZED AND ALL BASIC/EMERGENCY NEEDS MET, THE LAA OFFERS COMPREHENSIVE PROGRAM OPPORTUNITIES TO HELP CLIENTS REACH SELF-SUFFICIENCY. THESE PROGRAMS INCLUDE JOB TRAINING, JOB FAIRS, ESL CLASSES, LATINA EMPOWERMENT PROGRAM, AND INDUSTRY SPECIFIC TRAININGS. DEPENDING ON THE CLIENT'S NEEDS, THE LAA CONTINUES TO PROVIDE ASSISTANCE THROUGH YOUTH SERVICES PROGRAMMING AND THE IMMIGRATION SERVICES DEPARTMENT. THE FULL SCOPE OF LAA PROGRAMS PROVIDES HELP PULL THE LATINO COMMUNITY TOWARD SOCIAL EQUITY BY ENSURING FINANCIAL STABILITY AND OPENING DOORS FOR FUTURE SUCCESS. LAA SERVICES ARE FREE OR ARE OFFERED AT A REDUCED RATE TO ENSURE ALL CLIENTS HAVE ACCESS TO THE PROGRAMS THEY NEED. THE LAA OFFERS SUBSIDIZED LEGAL FEES THROUGH THE SUPPORT OF GENEROUS DONORS. ADDITIONALLY, MANY INDIVIDUALS AND FAMILIES ARE STILL EXPERIENCING THE LONG-TERM EFFECTS OF THE COVID-19 ECONOMIC AND SOCIAL CRISIS. THE LAA CONTINUES TO PLAY A CRITICAL ROLE IN PROVIDING SUPPORT SERVICES AND EMERGENCY RELIEF. THE LAA FOOD PANTRY CONTINUES TO SEE INCREASED DEMAND AND IN 2022, PROVIDED FOOD FOR OVVER 12,000 FAMILIES. THE LAA CONTINUES TO SEE INCREASED NEED FOR IMMIGRATION SERVICES WITH ROUGHLY 40 NEW CLIENT CONSULTATIONS TAKING PLACE EVERY MONTH. ADDITIONAL STATISTICS INCLUDE 1,200 ADULTS ENROLLED IN ENGLISH-AS-A-SECOND-LANGUAGE CLASSES, 700 STUDENTS ATTENDING THE LATINO YOUTH LEADERSHIP CONFERENCE, AND MORE THAN 600 INDIVIDUALS ATTENDING JOB FAIRS.


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Board, Officers & Key Employees

Name (title)Compensation
Santiago Marquez
CEO
$139,307
Willie Rivero
Vice Chair
$0
James Curry
Treasurer
$0
Gaston Vaneri
Secretary
$0
Misty S Fernandez
Chair
$0
Philip Brown
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,780,448
All other contributions, gifts, grants, and similar amounts not included above$2,899,697
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,680,145
Total Program Service Revenue$896,920
Investment income $312,903
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $44,450
Net Gain/Loss on Asset Sales -$2,108,860
Net Income from Fundraising Events $627,168
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,455,761

Grants Recieved

Over the last fiscal year, we have identified 33 grants that Latin American Association Inc has recieved totaling $2,575,847.

Awarding OrganizationAmount
Goizueta Foundation Inc

Atlanta, GA

PURPOSE: PROGRAM

$1,210,116
The Community Foundation For Greater Atlanta Inc

Atlanta, GA

PURPOSE: HUMAN SERVICES

$228,000
Mohawk Carpet Foundation Inc

Kennesaw, GA

PURPOSE: COMMUNITY SUPPORT-PROVIDES PROGRAMS AND SERVICES THAT SUPPORT LATIN FAMILIES IN NEED

$200,000
The Arthur M Blank Family Foundation

Atlanta, GA

PURPOSE: MENTORING THROUGH SOCCER

$127,830
Georgia Power Foundation Inc In Receivership

Atlanta, GA

PURPOSE: AVANZANDO JUNTAS! LATINA ECONOMIC EMPOWERMENT PROGRAM

$100,000
Georgia Power Foundation Inc In Receivership

Atlanta, GA

PURPOSE: AVANZANDO JUNTAS! LATINA ECONOMIC EMPOWERMENT PROGRAM

$100,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,299,160
Earnings-$693,331
Admin Expense-$47,435
Other Expense-$266,094
Ending Balance$6,292,300

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