THE LATIN AMERICAN WORKSHOP INC

EIN: 132995536 501(c)(3)

NEW YORK, NY

Total Revenue
$451,297
Total Expenses
$409,809
Total Assets
$244,034
Net Assets
$93,381
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
NY
Phone
2126659460
Tax Period
2024-01-01 to 2024-12-31

THE LATIN AMERICAN WORKSHOP INC, founded in 1979, is a small nonprofit that reported $451K in total revenue in fiscal year 2024. Expenses of $410K left a modest 9% surplus.

Mission

THE ORGANIZATION TEACHES CLASSES IN LANGUAGES AND LATIN AMERICAN CULTURE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $280,485
Program Service Revenue $161,293
Investment Income $7,563
Other Revenue $1,956
TOTAL REVENUE $451,297

Expense Breakdown

Grants Paid $0
Salaries & Benefits $275,030
Fundraising Expenses $15,000
Program Expenses $317,298
Other Expenses $134,779
TOTAL EXPENSES $409,809

Year-over-Year Comparison

2024 2023 Change
Revenue $451,297 $428,677 +0.1%
Expenses $409,809 $418,690 0.0%
Net Income $41,488 $9,987 +3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
6
Employees
8
Volunteers
2

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
9
$139,068
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER PLIEGO Artiistic Dir. 35.00
Director
$66,362 $0 $66,362
LIA ALEXANDRA CASTANO Managing Dir. 35.00
Director
$48,010 $0 $48,010
BERNARDO PALOMBO Founder 5.00
Director
$10,000 $3,396 $13,396
NIKI PALOMBO Director 10.00
Director
$11,300 $0 $11,300
STEVE BROWN Director 1.00
Director
$0 $0 $0
CARMEN RIVERA-TIRADO Director 1.00
Director
$0 $0 $0
KITAMA CAHILL JACKSON Director 1.00
Director
$0 $0 $0
PAPOLETO MELENDEZ Director 1.00
Director
$0 $0 $0
DANIEL VERDEJO Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $451,297 $409,809 $244,034 $41,488
2023 $428,677 $418,690 $188,367 $9,987
2022 $391,031 $396,336 $226,903 $-5,305
2021 $309,073 $285,653 $269,731 $23,420
2020 $326,375 $306,065 $181,357 $20,310
2019 $323,333 $337,376 $6,154 $-14,043
2018 $413,520 $418,030 $5,672 $-4,510
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