Latinos In Bio Inc
- Assets
- $78.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wellesley, MA
- Founding
- Data as of
- 12/2023
- EIN
- 87-1185213
Organization Overview
Latinos In Bio Inc is located in Wellesley, MA. According to its NTEE Classification (U01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latinos In Bio 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, Latinos In Bio Inc generated $157.0k in total revenue. All expenses for the organization totaled $134.3k during the year ending 12/2023. While expenses have increased by 160.9% 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
LATINOS IN BIO IS DEDICATED TO CREATING OPPORTUNITIES FOR SUCCESS AND AMPLIFYING THE SOCIAL CAPITAL OF LATINX PROFESSIONALS IN THE BIOTECHNOLOGY, PHARMACEUTICAL, MEDICAL TECHNOLOGY AND OTHER FIELDS WITHIN THE LIFE SCIENCES INDUSTRY; AND, BY SO DOING, MAKING A MEANINGFUL IMPACT IN THE INDUSTRY AND IN THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolina Alarco Chair | 10 | $0 | |
Jose Estabil Co-Chair | 8 | $0 | |
Jennifer Morales Director | 2 | $0 | |
Gladys Nunez Treasurer | 6 | $0 | |
Andres Trevino Director | 6 | $0 | |
Fernando Dangond Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,500 |
| Total Program Service Revenue | $2,973 |
| Membership dues | $9,897 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,631 |
| Other Revenue | $0 |
| Total Revenue | $157,001 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $38,451 |
| Salaries, other compensation, and employee benefits | $14,130 |
| Professional fees and other payments to independent contractors | $37,480 |
| Occupancy, rent, utilities, and maintenance | $1,400 |
| Printing, publications, postage, and shipping | $3,203 |
| Other expenses | $39,614 |
| Total expenses | $134,278 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,012 |
| Other assets | $0 |
| Total assets | $78,012 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,012 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Construction Advancement Program Framingham, MA | $4,673,749 | $2,217,436 |
Proof Of Stake Alliance Mineola, NY | $221,533 | $1,125,026 |
Construction Industries Of Massachusetts Advancement Fund Framingham, MA | $4,162,224 | $945,333 |
Rhode Island Construction Industry Advancement Fund Slatersville, RI | $2,470,085 | $748,377 |
Rhode Island Heavy And Highway Construction Industry Advancement Warwick, RI | $1,134,993 | $932,119 |
Climatehaven Inc New Haven, CT | $833,611 | $1,402,733 |
Massautonomy Inc Marlborough, MA | $296,079 | $807,041 |
Latinos In Bio Inc Wellesley, MA | $78,012 | $0 |
Science Clubs International Inc Cambridge, MA | $48,477 | $0 |
International Union United Auto Aerospace & Agricultural Workers Buffalo, NY | $108,996 | $0 |
Blockchain Alliance International Inc New York, NY | $430 | $0 |
Arbex Corporation Boston, MA | $3,000 | $0 |