CHICAGO, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INSTITUTE FOR LATINO PROGRESS, founded in 1977, is a mid-sized nonprofit in the Human Services sector that reported $23.4M in total revenue in fiscal year 2024. The organization ran a surplus of $3.8M, a strong 16% operating margin.
THE INSTITUTE FOR LATINO PROGRESS PROVIDES SERVICES THAT CONTRIBUTE TO THE FULLEST DEVELOPMENT OF LATINO IMMIGRANTS AND THEIR FAMILIES THROUGH EDUCATION, TRAINING, AND EMPLOYMENT THAT FOSTERS FULL PARTICIPATION IN SOCIETY WHILE PRESERVING CULTURAL IDENTITY AND DIGNITY.
INSTITUTO HEALTH SCIENCES CAREER ACADEMY, LLC AND INSTITUTO JUSTICE AND LEADERSHIP ACADEMIES, LLC ARE CHARTER SCHOOLS OWNED AND OPERATED BY INSTITUTE FOR LATINO PROGRESS.
INSTITUTO'S CAREER PATHWAYS PROGRAM FOCUSES ON SUPPORTING LOW-INCOME, LIMITED-ENGLISH PROFICIENT ADULTS WHO NEED TO DEVELOP SKILLS, ACCESS OR CONTINUE THEIR EDUCATION, TO LAUNCH PROSPEROUS CAREERS...
INSTITUTO'S CAREER PATHWAYS PROGRAM FOCUSES ON SUPPORTING LOW-INCOME, LIMITED-ENGLISH PROFICIENT ADULTS WHO NEED TO DEVELOP SKILLS, ACCESS OR CONTINUE THEIR EDUCATION, TO LAUNCH PROSPEROUS CAREERS, ATTAIN EMPLOYMENT, REACH FINANCIAL SUSTAINABILITY, AND BEGIN THEIR JOURNEY TO BUILDING WEALTH. THE PROGRAMS OFFERED THROUGH CAREER PATHWAYS HELP ADDRESS THE UNIQUE NEEDS OF THE FAMILIES WE SUPPORT BY PROVIDING KEY SUPPORTIVE SERVICES SUCH AS CAREER EXPLORATION AND COACHING, ACADEMIC ADVISING, INTENSIVE CASE MANAGEMENTS SERVICES SUCH AS ACCESS TO PUBLIC BENEFITS, FINANCIAL EDUCATION COACHING, AND JOB REFERRAL AND PLACEMENT SERVICES. THE DEPARTMENT ALSO CONNECTS PROGRAM PARTICIPANTS WITH ACADEMIC TUTORING, CHILDCARE SERVICES, VOCATIONAL SKILLS TRAININGS, SUCH AS COMPUTER CLASSES, THE BASIC NURSING ASSISTANT TRAINING PROGRAM, AND OTHER SKILL BUILDING TRAININGS NOT OFFERED IN THE ORGANIZATION, AS WELL AS RENTAL, LIGHT, HEAT, AND OTHER PROGRAMS THAT HELP THEM MEET THEIR MOST IMMEDIATE NEEDS.
INSTITUTOS ENGLISH, CITIZENSHIP AND ADULT EDUCATION COURSES HELP STUDENTS BUILD THE FOUNDATION TO FURTHER THEIR EDUCATION. ADULT CLASSES ARE OFFERED ON A VARIETY OF SCHEDULES TO ACCOMMODATE STUDENTS'...
INSTITUTOS ENGLISH, CITIZENSHIP AND ADULT EDUCATION COURSES HELP STUDENTS BUILD THE FOUNDATION TO FURTHER THEIR EDUCATION. ADULT CLASSES ARE OFFERED ON A VARIETY OF SCHEDULES TO ACCOMMODATE STUDENTS' NEEDS AND PROVIDE ON-SITE CHILD CARE WHILE PARENTS ARE IN CLASS. STUDENTS ARE PLACED IN ESL, CITIZENSHIP OR ADULT EDUCATION COURSES SPECIFIC TO THEIR SKILL LEVEL TO PREPARE THEM TO MOVE ON TO CONTEXTUALIZED CAREER COURSES. THE FAMILY LITERACY PROGRAM INITIATIVE PROVIDES INVALUABLE AID TO INSTITUTOS ADULT EDUCATION STUDENTS AND THEIR CHILDREN, ENCOMPASSING FREE SCHOOLWORK ASSISTANCE, ROBUST PARENTAL AND RESOURCE SUPPORT, ENGAGING READING AND SCIENCE ACTIVITIES, AND ESSENTIAL SUPPLIES. FAMILIES ENROLLED IN THIS PROGRAM GAIN ACCESS TO EXCITING FIELD TRIPS, IMMERSIVE LIBRARY STORY TIMES, AND ENTICING RAFFLES. IT'S A HOLISTIC APPROACH THAT NURTURES NOT ONLY EDUCATIONAL GROWTH BUT ALSO A SENSE OF COMMUNITY AND SHARED EXPLORATION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $23,401,398 | $22,218,516 | +0.1% |
| Expenses | $19,577,322 | $23,588,111 | -0.2% |
| Net Income | $3,824,076 | $-1,369,595 | -3.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JULIETA LAMALFA | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELISSA PILLARS | CO-VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| REINA GOODMAN | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAVIER GARIBAY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DEREK BECKMANN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DENISE LAM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CARYN STANCIK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARISSA DELGADO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTA HAMILTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WENDY RAYMER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARTHA TOVIAS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN BASTUGA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MELINDA CONTRERAS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KARINA AYALA-BERMEJO | PRESIDENT AND CEO | 40.00 |
Officer
|
$183,959 | $0 | $183,959 |
| CARLOS JARAMILLO | COO | 40.00 |
Officer
|
$140,508 | $0 | $140,508 |
| EVA ARCENTALES | TEACHER | 40.00 |
Highest
|
$141,561 | $0 | $141,561 |
| WILLIAM MCHENRY | TEACHER | 40.00 |
Highest
|
$136,534 | $0 | $136,534 |
| TAMMY NGUYEN | TEACHER | 40.00 |
Highest
|
$132,609 | $0 | $132,609 |
| DELTA CERVANTES | ASSISTANT PRINCIPAL | 40.00 |
Highest
|
$121,250 | $0 | $121,250 |
| AMANDA COLE | TEACHER | 40.00 |
Highest
|
$120,622 | $0 | $120,622 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $23,401,398 | $19,577,322 | $25,092,339 | $3,824,076 |
| 2024 | $22,218,516 | $23,588,111 | $22,323,534 | $-1,369,595 |
| 2023 | $17,958,395 | $18,942,884 | $23,717,921 | $-984,489 |
| 2022 | $17,945,320 | $19,192,883 | $22,119,022 | $-1,247,563 |
| 2021 | $9,566,037 | $8,337,461 | $24,717,406 | $1,228,576 |
| 2020 | $5,757,562 | $7,058,717 | $27,827,840 | $-1,301,155 |
| 2019 | $5,538,790 | $7,714,456 | $25,233,904 | $-2,175,666 |
| 2018 | $12,368,483 | $7,711,781 | $25,412,114 | $4,656,702 |
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