LATIN AMERICAN AND CARIBBEAN NETWO… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

GINA ROMERO

Phone

7813687940

Tax Period

2023-01-01 to 2023-12-31

LATIN AMERICAN AND CARIBBEAN NETWORK FOR DEMOCRACY INC, founded in 2008, is a small nonprofit in the International Affairs sector that reported $351K in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. Expenses of $314K left a modest 10% surplus.

Mission

CHARITABLE, EDUCATIONAL, AND CIVIC ACTIVITIES TO PROMOTE DEMOCRACY, HUMAN RIGHTS, AND GOVERNANCE IN LATIN AMERICAN AND CARIBBEAN COUNTRIES AND ENGAGEMENT WITH UNIVERSAL VALUES.

Program Service Accomplishments

Program 1

Expenses: $162,547 Revenue: $0

COMMUNITY OF DEMOCRACY: REDLAD LEADS THE CIVIL SOCIETY PILLAR OF THE COMMUNITY OF DEMOCRACIES, COORDINATING THE CREATION OF CITIZEN AGENDAS AND THE PARTICIPATION OF CIVIL SOCIETY REPRESENTATIVES IN HIGH LEVEL EVENTS. WE ALSO LED THE REPORTING PROCESS FOR THE RENEWAL OF FIVE COUNTRIES, ENSURING THE CIVIL SOCIETY VOICE IS HEARD.

Program 2

Expenses: $4,526 Revenue: $0

CIVICUS-REDLAD ACTS AS THE MAIN RESEARCHER OF THE CIVICUS MONITOR FOR 11 COUNTRIES IN LATIN AMERICA. WE COLLECT INFORMATION ABOUT CIVIC SPACE (FREEDOM OF ASSOCIATION, ASSEMBLY, EXPRESSION) AND REPORT FOR THE CREATION OF A WORLD WIDE LIFE REPORT. IN 2023 WE ALSO HELPED TO COORDINATE THE GLOBAL MEETING OF RESEARCHERS THAT WAS HELD IN BOGOTA,IN AUGUST AND WAS A SUCCESS. WE GUARANTEE THE QUALITY OF THE GLOBAL REPORT BY SENDING HIGH STANDARD LOCAL REPORTS.

Program 3

Expenses: $139,868 Revenue: $0

ACCOUNTABILITY LAB-LOGISTIC SUPPORT FOR THE IMPLEMENTATION OF AN ACTIVITY NAMED 'HACKATON CORRUPTION', IN WHICH YOUTH FROM 7 COUNTRIES RECEIVED TRAINING AND SUPPORT FOR THE DESIGN AND IMPLEMENTATION OF INITIATIVES THAT USED DIGITAL TOOLS TO COMBAT CORRUPTION. REDLAD'S SUPPORT WAS CRUTIAL FOR THE PROJECT'S DEVELOPMENT AND THE IMPACT THE YOUTH PROJECTS WILL HAVE IN THEIR COUNTRIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $350,720

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $350,720

Expense Breakdown

Grants Paid $13,834

Salaries & Benefits $20,769

Fundraising Expenses $0

Program Expenses $306,941

Other Expenses $279,634

TOTAL EXPENSES $314,237

Year-over-Year Comparison

	2023	2022	Change
Revenue	$350,720	$205,517	+0.7%
Expenses	$314,237	$221,829	+0.4%
Net Income	$36,483	$-16,312	-3.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ENRIQUE A DE OBARRIO DE LA GUARDIA	PRESIDENT	3.00	Officer Director	$0	$0	$0
MICAELA HIERRO	TREASURER	3.00	Officer	$0	$0	$0
NATASHA JIMENEZ MATA	CLERK	3.00	Director	$0	$0	$0
MERCEDES FREITAS	COORDINATOR	3.00	Director	$0	$0	$0
PATRICIA G GAVEZ ZALDUMBIDE	ASSISTANT CLERK	3.00	Director	$0	$0	$0
YIMENE CALDERON	COORDINATOR	3.00	Director	$0	$0	$0
GUSTAVO A AMAYA VILLALOBOS	COORDINATOR	3.00	Director	$0	$0	$0
WILBERT ST FORT	COORDINATOR	3.00	Director	$0	$0	$0
MARCOS FRANCISCO URUPA	COORDINATOR	3.00	Director	$0	$0	$0
MOLVINA ZEBALLOS	DIRECTOR	3.00	Director	$0	$0	$0
ROMEL RUBEN GONZALEZ	DIRECTOR	3.00	Director	$0	$0	$0
GINA ROMERO	CEO	40.00	Officer Key Emp	$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	No data	No data	No data	No data
2023	$350,720	$314,237	$79,404	$36,483
2022	$205,517	$221,829	$58,073	$-16,312
2021	$1,142,210	$1,163,787	$106,495	$-21,577
2020	$1,053,830	$1,034,308	$119,084	$19,522

LATIN AMERICAN AND CARIBBEAN NETWORK FOR DEMOCRACY INC