Hispanic League

EIN: 561791215 501(c)(3) Arts, Culture & Humanities

Winston Salem, NC

Total Revenue
$385,109
Total Expenses
$496,913
Total Assets
$244,816
Net Assets
$186,055
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
NC
Principal Officer
Anthony Lo Giudice
Phone
3365601881
Tax Period
2024-01-01 to 2024-12-31

Hispanic League, founded in 1992, is a small nonprofit in the Arts, Culture & Humanities sector that reported $385K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $497K exceeded revenue, resulting in a 29% operating deficit.

Mission

Improve the quality of life for Hispanics/Latinos through promoting community inclusion, education, health and multicultural understanding.

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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 $334,591
Program Service Revenue $89,466
Investment Income $1,618
Other Revenue $-40,566
TOTAL REVENUE $385,109

Expense Breakdown

Grants Paid $125,545
Salaries & Benefits $174,092
Fundraising Expenses $22,615
Program Expenses $426,381
Other Expenses $197,276
TOTAL EXPENSES $496,913

Year-over-Year Comparison

2024 2023 Change
Revenue $385,109 $427,918 -0.1%
Expenses $496,913 $509,978 0.0%
Net Income $-111,804 $-82,060 +0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
3
Volunteers
400

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
6
$112,038
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Diane Massas Int. Exec. Director effective September 2024 040.00
Officer
$54,407 $2,100 $56,507
Carla Cataln Day Executive Director through September 2024 040.00
Officer
$55,531 $0 $55,531
Lorena Muoz-Holladay Vice President 002.50
Officer Director
$0 $0 $0
Anthony Lo Giudice Treasurer 001.50
Officer Director
$0 $0 $0
John Champlin Past Chair 002.50
Officer Director
$0 $0 $0
Karla Mounts President 002.50
Officer Director
$0 $0 $0
Nancy Martnez Director 000.50
Director
$0 $0 $0
Nancy Nuez Director 000.50
Director
$0 $0 $0
Maria Paula Ochoa Utley Director 001.50
Director
$0 $0 $0
Suzanne Caroon Director 002.50
Director
$0 $0 $0
Phyllis D'Agostino Director 001.50
Director
$0 $0 $0
Vanessa Beltran Ortiz Director 002.50
Director
$0 $0 $0
Luly Beckles Director 001.50
Director
$0 $0 $0
Karen Vallecillo-Pereira Director 002.00
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
2024 $385,109 $496,913 $244,816 $-111,804
2023 $427,918 $509,978 $364,054 $-82,060
2022 $438,543 $489,434 $375,302 $-50,891
2021 $501,175 $383,008 $476,809 $118,167
2020 $374,469 $338,159 $433,221 $36,310
2019 $362,159 $330,086 $253,606 $32,073
2018 $302,706 $371,538 $109,933 $-68,832
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