LATINO BUSINESS ACTION NETWORK INC (EIN 460649020) - Form 990 Financial Analysis & Trantor Score

🔒

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

2012

Legal Domicile

Principal Officer

ARTURO CAZARES

Phone

2819891996

Tax Period

2023-01-01 to 2023-12-31

LATINO BUSINESS ACTION NETWORK INC, founded in 2012, is a community nonprofit in the Community Improvement sector that reported $3.3M in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $594K, a strong 18% operating margin.

Mission

LATINO BUSINESS ACTION NETWORK ( LBAN) IS A NONPROFIT ENTREPRENEURSHIP ORGANIZATION BASED IN SAN JOSE, CALIFORNIA. THEIR PURPOSE IS TO STRENGTHEN THE UNITED STATES BY IMPROVING THE LIVES OF LATINOS.

🔒

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 $2,669,356

Program Service Revenue $539,091

Investment Income $36,408

Other Revenue $15,935

TOTAL REVENUE $3,260,790

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,295,671

Fundraising Expenses $124,330

Program Expenses $2,127,651

Other Expenses $1,371,173

TOTAL EXPENSES $2,666,844

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,260,790	$2,061,825	+0.6%
Expenses	$2,666,844	$2,379,662	+0.1%
Net Income	$593,946	$-317,837	-2.9%

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

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

$293,194

Total Directors

$293,194

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VICTOR ARIAS JR	CHAIRMAN	10.00	Officer Director	$0	$0	$0
DR JERRY PORRAS	CHAIRMAN EMERITUS, FOUNDER & VISIONARY	10.00	Officer Director	$0	$0	$0
PHILLIP POMPA	TREASURER	4.00	Officer Director	$0	$0	$0
ARTURO CAZARES	CEO	40.00	Officer Director	$270,000	$23,194	$293,194
GEORGE FOSTER	CO-FACULTY DIRECTOR	2.00	Director	$0	$0	$0
ALICE RODRIGUEZ	BOARD MEMBER	2.00	Director	$0	$0	$0
GUILLERMO DIAZ	BOARD MEMBER	2.00	Director	$0	$0	$0
MONIKA MANTILLA	BOARD MEMBER	2.00	Director	$0	$0	$0
RAUL SALINAS	BOARD MEMBER	2.00	Director	$0	$0	$0
ROSA SANTANA	BOARD MEMBER	2.00	Director	$0	$0	$0
SOL TRUIJILLO	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNIFER GARCIA	COO	40.00	Highest	$244,642	$27,157	$271,799
LUCIA GONZALEZ	SR PROGRAM MANAGER/DIRECTOR	40.00	Highest	$147,600	$11,014	$158,614
ELIAN SAVODIVKER	DIRECTOR OF ENGAGEMENT	40.00	Highest	$155,937	$14,708	$170,645

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	$3,260,790	$2,666,844	$3,960,257	$593,946
2022	$2,061,825	$2,379,662	$3,149,162	$-317,837
2021	$3,029,969	$1,959,162	$3,224,574	$1,070,807
2020	$1,372,066	$1,154,950	$2,183,357	$217,116
2019	$1,952,849	$973,274	$1,493,079	$979,575
2018	$1,076,089	$1,024,952	$525,628	$51,137

LATINO BUSINESS ACTION NETWORK INC