Latin American Business Organization Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Worcester, MA
- Founding
- Data as of
- 12/2023
- EIN
- 81-0824363
Organization Overview
Latin American Business Organization Inc is located in Worcester, MA. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latin American Business Organization 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 12/2023, Latin American Business Organization Inc generated $112.2k in total revenue. All expenses for the organization totaled $137.9k during the year ending 12/2023. While expenses have increased by 221.7% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
VENTURE GROWTH AND VENTURE CAPITAL COURSES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Cruz President | 40 | $0 | |
Karyn Sanchez Treasurer | 15 | $0 | |
Rosa Maria Salas Secretary | 15 | $0 | |
Edgar Luna Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,588 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,846 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,283 |
| Other Revenue | $0 |
| Total Revenue | $112,151 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,750 |
| Professional fees and other payments to independent contractors | $31,666 |
| Occupancy, rent, utilities, and maintenance | $17,145 |
| Printing, publications, postage, and shipping | $142 |
| Other expenses | $69,214 |
| Total expenses | $137,917 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |