LATINO MEDICAL STUDENT ASSOCIATION NORTHEAST

EIN: 521871789 501(c)(3) Health Care

NEW YORK, NY

Total Revenue
$149,679
Total Expenses
$93,702
Total Assets
$264,882
Net Assets
$264,882
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
NY
Phone
5164184575
Tax Period
2024-01-01 to 2024-12-31

LATINO MEDICAL STUDENT ASSOCIATION NORTHEAST, founded in 1972, is a small nonprofit in the Health Care sector that reported $150K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $56K, a strong 37% operating margin.

Mission

The Latino Medical Student Association-Northeast LMSA-NE formerly known as the National Boricua Latino Health Organization NBLHO is a Latino student group representing health professions students from the northeast region of the United States. Its mission is to recruit Latinos into higher education educate the public and one another about Latino health issues advocate for increased Latino representation in health related areas and promote awareness about social political and economic issues as they relate to Latino health. It also serves to create a support network for Latino students.

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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 $146,059
Program Service Revenue $0
Investment Income $3,620
Other Revenue $0
TOTAL REVENUE $149,679

Expense Breakdown

Grants Paid $24,516
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $69,186
TOTAL EXPENSES $93,702

Year-over-Year Comparison

2024 2023 Change
Revenue $149,679 $118,856 +0.3%
Expenses $93,702 $102,783 -0.1%
Net Income $55,977 $16,073 +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

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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
18
Independent Members
N/A
Employees
N/A
Volunteers
30

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
14
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amber Vargas Co-Director 0.00
Director
$0 $0 $0
Christine Ortiz Co-Director 0.00
Director
$0 $0 $0
Kaitlynn Chaljub Co-Director Elect 0.00
Director
$0 $0 $0
Michael Lesgart Co-Director Elect 0.00
Director
$0 $0 $0
Marquise Soto Chief Financial Officer 0.00
Officer
$0 $0 $0
Juan Carlos Ball Chief Financial Officer-Elect 0.00
Officer
$0 $0 $0
Kimberly Sanchez Service Chair 0.00
Officer
$0 $0 $0
Daniel Guerra Chief Information Officer 0.00
Officer
$0 $0 $0
Boris Salazar Public Relations Chair 0.00
Officer
$0 $0 $0
Katherine Narvaez-Mena Policy Chair 0.00
Officer
$0 $0 $0
Abdiel Cabral-Hernandez Chief Development Officer 0.00
Officer
$0 $0 $0
Isabela Guet-Cruza Conference Co-Chair 0.00
Officer
$0 $0 $0
Gerardo Ramos-Lemos Conference Co-Chair 0.00
Officer
$0 $0 $0
Marcos Gomez Ambriz Conference Co-Chair 0.00
Officer
$0 $0 $0
Claudia Guerrero Mentorship Chair 0.00
Officer
$0 $0 $0
Sharon Duran LMSA Plus Chair 0.00
Officer
$0 $0 $0
Katherine Tinco LMSA Plus Chair 0.00
Officer
$0 $0 $0
Javier Montelongo Fundraising and Partnerships Chair 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
2025 No data No data No data No data
2024 $149,679 $93,702 $264,882 $55,977
2023 $118,856 $102,783 $201,299 $16,073
2022 $216,134 $207,148 $179,940 $8,986
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