Latin Americans Working for Achievement

EIN: 561781060 501(c)(3) Arts, Culture & Humanities

Charlotte, NC

Total Revenue
$758,206
Total Expenses
$664,581
Total Assets
$751,968
Net Assets
$751,968
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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
1992
Legal Domicile
NC
Principal Officer
Ana Silva Rey
Phone
7045521003
Tax Period
2024-05-01 to 2025-04-30

Latin Americans Working for Achievement, founded in 1992, is a small nonprofit in the Arts, Culture & Humanities sector that reported $758K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $665K left a modest 12% surplus.

Mission

Hispanic scholarships and education programs.

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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 $576,114
Program Service Revenue $0
Investment Income $17,063
Other Revenue $165,029
TOTAL REVENUE $758,206

Expense Breakdown

Grants Paid $365,547
Salaries & Benefits $178,155
Fundraising Expenses $103,182
Program Expenses $478,959
Other Expenses $120,879
TOTAL EXPENSES $664,581

Year-over-Year Comparison

2024 2023 Change
Revenue $758,206 $658,668 +0.2%
Expenses $664,581 $588,629 +0.1%
Net Income $93,625 $70,039 +0.3%
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
8
Independent Members
8
Employees
5
Volunteers
40

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
5
$45,999
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daniela Izurieta President & CEO 60.00
Officer
$31,482 $0 $31,482
Ana Silva Rey Past President 40.00
Officer
$14,517 $0 $14,517
Luis Sosa-Andrade Board Chair 2.00
Officer Director
$0 $0 $0
Stephanie Bernedo Keys Secretary 0.50
Officer Director
$0 $0 $0
Osby Garcia Treasurer 2.00
Officer Director
$0 $0 $0
Gricelda de la Cruz Director 0.50
Director
$0 $0 $0
Dr Joevanne Estrada Director 0.50
Director
$0 $0 $0
Nhora Gomez-Saxon Director 0.50
Director
$0 $0 $0
Luis Romero Director 0.50
Director
$0 $0 $0
Samir Suleiman Direcotor 0.50
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
2025 $758,206 $664,581 $751,968 $93,625
2024 $658,668 $588,629 $654,753 $70,039
2023 $536,753 $431,857 $580,129 $104,896
2022 $506,852 $304,010 $481,418 $202,842
2021 $268,747 $206,101 $308,504 $62,646
2020 $213,732 $217,109 $207,568 $-3,377
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