LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC (EIN 222846440) - Form 990 Financial Analysis & Trantor Score

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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

1987

Legal Domicile

Principal Officer

RAYMOND LAMBOY

Phone

8563381177

Tax Period

2024-07-01 to 2025-06-30

LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC, founded in 1987, is a small nonprofit in the Community Improvement sector that reported $698K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum.

Mission

LAEDA IS DEDICATED: TO THE CREATION OF SMALL BUSINESS OWNERSHIP OPPORTUNITIES FOR ECONOMICALLY DISADVANTAGED MINORITIES, TO CONTRIBUTE TO THE GROWTH AND SUCCESS OF MINORITY OWNED SMALL BUSINESSES AND THE DEVELOPMENT OF THE MARKETPLACE IN THE COMMUNITIES WE SERVE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $721,902

Program Service Revenue $0

Investment Income $5,580

Other Revenue $-29,975

TOTAL REVENUE $697,507

Expense Breakdown

Grants Paid $0

Salaries & Benefits $516,967

Fundraising Expenses $0

Program Expenses $543,829

Other Expenses $224,028

TOTAL EXPENSES $740,995

Year-over-Year Comparison

	2024	2023	Change
Revenue	$697,507	$494,539	+0.4%
Expenses	$740,995	$566,485	+0.3%
Net Income	$-43,488	$-71,946	-0.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$123,984

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTA BEY	SECRETARY	2.00	Director	$0	$0	$0
DIANA PEREZ	MEMBER	2.00	Director	$0	$0	$0
JOSE MERCADO	BOARD CHAIR	2.00	Director	$0	$0	$0
JUSTIN DENG	TREASURER	2.00	Director	$0	$0	$0
JOSUE CASTRO	MEMBER	2.00	Director	$0	$0	$0
JUAN HERNANDEZ	MEMBER	2.00	Director	$0	$0	$0
RAYMOND LAMBOY	PRESIDENT & CEO	40.00	Officer	$99,808	$24,176	$123,984

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
2025	$697,507	$740,995	$1,888,449	$-43,488
2024	$494,539	$566,485	$1,383,782	$-71,946
2023	$498,545	$524,347	$1,486,521	$-25,802
2022	$540,206	$482,388	$1,526,861	$57,818
2021	$553,523	$555,471	$1,483,330	$-1,948
2020	$420,112	$447,850	$1,537,719	$-27,738
2019	$374,632	$503,159	$1,431,758	$-128,527
2018	$549,348	$559,442	$1,538,223	$-10,094

LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC