Latin Art Organization of Arkansas

EIN: 473344926 501(c)(3) Arts, Culture & Humanities

Springdale, AR

Total Revenue
$54,913
Total Expenses
$48,664
Total Assets
$7,567
Net Assets
$7,567
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
AR
Tax Period
2023-01-01 to 2023-12-31

Latin Art Organization of Arkansas, founded in 2015, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $79K in total revenue in fiscal year 2021. Expenses of $76K left a modest 4% surplus.

Mission

Promote and strengthen Latin culture through citizen participation in order to create spaces for various cultural events.Preserve and enrich the Latin cultural heritage in all its forms by contributing to its valuable traditions, customs and creations.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $54,913
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $54,913

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,000
Fundraising Expenses $0
Program Expenses $29,314
Other Expenses $36,664
TOTAL EXPENSES $48,664

Year-over-Year Comparison

2023 2022 Change
Revenue $54,913 N/A N/A
Expenses $48,664 N/A N/A
Net Income $6,249 N/A N/A
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

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
6

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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Silvia Merino Community Events and Fundrais 0.00
Director
$0 $0 $0
Miriam J De La Torre Community Outreach 0.00
Director
$0 $0 $0
Kayla S Hernandez Treasurer 0.00
Director
$0 $0 $0
Hortencia Hernandez President 0.00
Director
$0 $0 $0
Mark A Barrios Secretary 0.00
Director
$0 $0 $0
Araceli Saucedo Lopez Executive Director 0.00
Officer
$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
2023 $54,913 $48,664 $7,567 $6,249
2022 $64,019 $72,070 $1,318 $-8,051
2021 $78,831 $76,002 $9,369 $2,829
Explore More Nonprofits
Top 100 Nonprofits in Arkansas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Latin Art Organization of Arkansas with other nonprofits in Arkansas and across the country.