LATINITAS INC (EIN 770603754) - 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

2002

Principal Officer

KAREN MARIELA SILES

Phone

5129000304

Tax Period

2022-07-01 to 2023-06-30

LATINITAS INC, founded in 2002, is a community nonprofit in the Youth Development sector that reported $1.2M in total revenue in fiscal year 2022. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $1.4M exceeded revenue, resulting in a 15% operating deficit.

Mission

LATINITAS IS DEDICATED TO EMPOWERING GIRLS TO INNOVATE USING MEDIA AND TECHNOLOGY, PROVIDING DIRECT DIGITAL MEDIA AND TECHNOLOGY TRAINING AND ESTEEM-BOOSTING SERVICES TO 3,000 GIRLS AND TEENS ACROSS TEXAS ANNUALLY, 2,000 IN CENTRAL TEXAS AND 1,000 MORE IN WEST AND SOUTH TEXAS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,141,484

Program Service Revenue $46,225

Investment Income $1,965

Other Revenue $20,481

TOTAL REVENUE $1,210,155

Expense Breakdown

Grants Paid $0

Salaries & Benefits $963,833

Fundraising Expenses $297,148

Program Expenses $767,579

Other Expenses $428,455

TOTAL EXPENSES $1,392,288

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,210,155	$958,781	+0.3%
Expenses	$1,392,288	$1,054,101	+0.3%
Net Income	$-182,133	$-95,320	+0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN MARIELA SILES	BOARD CO-CHA	N/A	Officer	$0	$0	$0
RICKY RAMOS MURRAY	BOARD CO-CHA	N/A	Officer	$0	$0	$0
MELISSA USHAKOV	TREASURER	N/A	Officer	$0	$0	$0
ASIF ALI	SECRETARY	N/A	Officer	$0	$0	$0
RAMIRO DIAZ	MEMBER	N/A	Director	$0	$0	$0
ANA VILLEGAS	MEMBER	N/A	Director	$0	$0	$0
VERONICA PENALOZA WOLFERMANN	MEMBER	N/A	Director	$0	$0	$0
ANGELICA MALDONADO	MEMBER	N/A	Director	$0	$0	$0
ALLEN BOWERS	MEMBER	N/A	Director	$0	$0	$0
MARIA ESTHER AUDELO VASQUEZ	MEMBER	N/A	Director	$0	$0	$0
BIANCA PEREZ	MEMBER	N/A	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,210,155	$1,392,288	$592,952	$-182,133
2023	$1,384,892	$1,413,914	$758,312	$-29,022
2022	$1,215,624	$1,089,428	$772,190	$126,196
2021	$954,204	$812,056	$541,017	$142,148
2021	$933,636	$771,171	$531,992	$162,465
2020	$598,305	$602,954	$373,496	$-4,649
2019	$561,405	$420,655	$245,173	$140,750

LATINITAS INC