ADELANTE LATINA INC

EIN: 464288885 501(c)(3)

BALTIMORE, MD

Total Revenue
$808,369
Total Expenses
$263,149
Total Assets
$1,527,569
Net Assets
$1,525,029
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MD
Principal Officer
LEONOR BLUM
Phone
4105910547
Tax Period
2023-07-01 to 2024-06-30

ADELANTE LATINA INC, founded in 2013, is a small nonprofit that reported $808K in total revenue in fiscal year 2023. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $545K, a strong 67% operating margin.

Mission

ASSISTING HIGH-SCHOOL LATINAS IN BALTIMORE, MD IN THEIR PREPARATION FOR COLLEGE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $721,142
Program Service Revenue $0
Investment Income $68,995
Other Revenue $18,232
TOTAL REVENUE $808,369

Expense Breakdown

Grants Paid $32,893
Salaries & Benefits $37,796
Fundraising Expenses $8,173
Program Expenses $211,780
Other Expenses $192,460
TOTAL EXPENSES $263,149

Year-over-Year Comparison

2023 2022 Change
Revenue $808,369 $395,104 +1.0%
Expenses $263,149 $238,633 +0.1%
Net Income $545,220 $156,471 +2.5%
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
13
Independent Members
13
Employees
N/A
Volunteers
42

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
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN LEVITON BOARD MEMBER 1.00
Director
$0 $0 $0
MARY PAT SEURKAMP BOARD MEMBER 1.00
Director
$0 $0 $0
CRISTINA BANUELOS SECRETARY, BOARD MEMBER 1.00
Officer Director
$0 $0 $0
FAYE RIVKIN BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA MARTINEZ BOARD MEMBER 1.00
Director
$0 $0 $0
ALICE LILLY TREAS., BOARD MEMBER 1.00
Officer Director
$0 $0 $0
FAVIOLA DONATO GALINDO BOARD MEMBER 1.00
Director
$0 $0 $0
JESSE SCHAEFER CHAIRWOMAN 1.00
Officer Director
$0 $0 $0
TIMOTHY GOLDKAMP BOARD MEMBER 1.00
Director
$0 $0 $0
ANGEL TEROL BOARD MEMBER 1.00
Director
$0 $0 $0
MELANIE BLUM BOARD MEMBER 1.00
Director
$0 $0 $0
LEONOR BLUM EXECUTIVE DIRECTOR, BOARD MEMBER 40.00
Director
$0 $0 $0
SUSAN CHOUINARD BOARD MEMBER 1.00
Director
$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
2026 No data No data No data No data
2025 No data No data No data No data
2024 $808,369 $263,149 $1,527,569 $545,220
2023 $395,104 $238,633 $982,089 $156,471
2022 $442,263 $190,075 $824,700 $252,188
2021 $335,089 $151,546 $572,817 $183,543
2020 $280,374 $179,506 $388,179 $100,868
2019 $256,221 $137,127 $290,964 $119,094
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