LATINO EDUCATIONAL TRAINING INSTITUTE (EIN 753252857) - Form 990 Financial Analysis & Trantor Score

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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

1989

Legal Domicile

Principal Officer

ROSARIO REYES

Phone

4256724255

Tax Period

2024-01-01 to 2024-12-31

LATINO EDUCATIONAL TRAINING INSTITUTE, founded in 1989, is a community nonprofit in the Education sector that reported $6.0M in total revenue in fiscal year 2024. Revenue surged 325% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.1M, a strong 68% operating margin.

Mission

OUR MISSION IS TO FACILITATE THE PERSONAL AND FINANCIAL SUCCESS OF SPANISH-SPEAKING AND BILINGUAL PERSONS AND INSPIRE LATINO YOUTH TO PURSUE THEIR DREAMS AND BECOME LEADERS IN THEIR COMMUNITIES. LETI STRIVES TO SUPPORT FAMILY SUCCESS AND WELLBEING THROUGH EDUCATION, CULTURAL AWARENESS, AND SOCIAL RESPONSIBILITY

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,948,137

Program Service Revenue $0

Investment Income $1

Other Revenue $99,464

TOTAL REVENUE $6,047,602

Expense Breakdown

Grants Paid $189,705

Salaries & Benefits $849,769

Fundraising Expenses $33,802

Program Expenses $1,327,987

Other Expenses $904,514

TOTAL EXPENSES $1,943,988

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,047,602	$1,423,617	+3.2%
Expenses	$1,943,988	$1,293,340	+0.5%
Net Income	$4,103,614	$130,277	+30.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$61,253

Total Directors

$186,606

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSARIO REYES	PRESIDENT	5.00	Officer Director	$61,253	$0	$61,253
MEL COSSETTE	VICE PRESIDENT	1.15	Director	$0	$0	$0
ALFREDO CHANCCO	WEB ADMINISTRATOR	0.23	Director	$0	$0	$0
GISELLE ZAPATA-GARCIA	DIRECTOR	0.48	Director	$0	$0	$0
ORLANDO MACIAS	DIRECTOR	0.38	Director	$0	$0	$0
SALLY GUZMAN	DIRECTOR	0.48	Director	$0	$0	$0
JANETTE GARCIA	LEAD SOCIAL WORKER	0.50	Director	$0	$0	$0
ANTHONY GROMKO	DIRECTOR	0.50	Director	$0	$0	$0
ANNA T AVARY	DIRECTOR	0.50	Director	$0	$0	$0
KARLA ADRIANA RIOS	SCHOOL COUNSELOR	0.67	Director	$0	$0	$0
CHRISTINA TOVAR-HAMERNIK	NON-PROFIT AND DIVERSITY CONSULTANT	3.37	Director	$0	$0	$0
MARISOL L BEJARANO	DIRECTOR OF HEALTH AND WELLNESS PROGRAMS	5.00	Director	$62,180	$0	$62,180
THOMAS D LAING	DIRECTOR OF OPERATIONS	5.00	Director	$63,173	$0	$63,173

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	$6,047,602	$1,943,988	$5,549,130	$4,103,614
2023	$1,423,617	$1,293,340	$1,856,607	$130,277
2022	$990,318	$920,121	$1,585,038	$70,197
2021	$929,783	$777,545	$1,306,481	$152,238
2020	$556,103	$398,259	$337,030	$157,844
2019	$241,794	$176,603	$85,389	$65,191

LATINO EDUCATIONAL TRAINING INSTITUTE