LATINO ORGANIZATION OF THE SOUTHWEST

EIN: 364469997 501(c)(3) Human Services

CHICAGO, IL

Total Revenue
$973,774
Total Expenses
$963,960
Total Assets
$465,854
Net Assets
$343,014
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
IL
Principal Officer
HECTOR RICO
Phone
7735811900
Tax Period
2024-07-01 to 2025-06-30

LATINO ORGANIZATION OF THE SOUTHWEST, founded in 2003, is a small nonprofit in the Human Services sector that reported $974K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE ORGANIZATION IS TO CREATE AN AWARENESS OF THE SOCIAL, POLITICAL, ECONOMIC, AND CULTURAL REALITY THAT WILL ENABLE LATINOS TO DEVELOP CRITICAL THINKING AND KNOWLEDGE FOR FURTHER GROWTH AS INDIVIDUALS.

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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 $819,713
Program Service Revenue $154,061
Investment Income $0
Other Revenue $0
TOTAL REVENUE $973,774

Expense Breakdown

Grants Paid $0
Salaries & Benefits $761,886
Fundraising Expenses $0
Program Expenses $824,914
Other Expenses $202,074
TOTAL EXPENSES $963,960

Year-over-Year Comparison

2024 2023 Change
Revenue $973,774 $747,207 +0.3%
Expenses $963,960 $1,013,897 0.0%
Net Income $9,814 $-266,690 -1.0%
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
7
Independent Members
7
Employees
22
Volunteers
15

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
3
$0
Total Directors
8
$92,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRACIELA GUEL TORRES PRESIDENT 1.00
Officer Director
$0 $0 $0
ADRIANA ENCISO SECRETARY 1.00
Officer Director
$0 $0 $0
ALFONSO CORTEZ TREASURER 1.00
Officer Director
$0 $0 $0
ANTONIO CONTRERAS DIRECTOR 1.00
Director
$0 $0 $0
REFUGIO GONZALEZ DIRECTOR 1.00
Director
$0 $0 $0
CARLOS HEREDIA DIRECTOR 1.00
Director
$0 $0 $0
SILVIA VILLA DIRECTOR 1.00
Director
$0 $0 $0
HECTOR RICO EXECUTIVE DIRECTOR 20.00
Director
$92,500 $0 $92,500
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 $973,774 $963,960 $465,854 $9,814
2024 $747,207 $1,013,897 $421,535 $-266,690
2023 $1,296,505 $969,101 $694,718 $327,404
2022 $586,304 $540,249 $241,402 $46,055
2021 $511,144 $502,456 $235,713 $8,688
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