LATINOS FOR EDUCATION INC

EIN: 812883649 501(c)(3) Education

BOSTON, MA

Total Revenue
$1,728,468
Total Expenses
$3,170,640
Total Assets
$9,165,162
Net Assets
$8,878,192
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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MA
Principal Officer
AMANDA FERNANDEZ
Phone
8573019228
Tax Period
2023-01-01 to 2023-06-30

LATINOS FOR EDUCATION INC, founded in 2016, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2022. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $3.2M exceeded revenue, resulting in a 83% operating deficit.

Mission

LATINOS FOR EDUCATION IS AN EDUCATION NON-PROFIT ORGANIZATION FOCUSED ON DEVELOPING, PLACING, AND CONNECTING ESSENTIAL LATINO TALENT IN THE EDUCATION SECTOR. THE ORGANIZATION IS MOBILIZING A NETWORK OF SKILLED EDUCATION LEADERS TO ENSURE THE VOICE OF STUDENTS AND FAMILIES IS NOT ONLY HEARD BUT FACTORED INTO DECISION-MAKING IN SCHOOLS, COMMUNITIES AND EDUCATION INSTITUTIONS THROUGHOUT THE U.S. THE ORGANIZATION ALSO ENSURES LATINO EDUCATION PROFESSIONALS HAVE ACCESS TO A NATIONWIDE NETWORK OF PEERS AS WELL AS CAREER AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES ACROSS THE COUNTRY THROUGH THE MEMBERS-ONLY EDCENTRO NETWORK.

Program Service Accomplishments

Program 1
Expenses: $1,972,805 Revenue: $31,000

LATINOS FOR EDUCATION'S MISSION IS TO DEVELOP, PLACE, AND CONNECT ESSENTIAL LATINO LEADERS IN THE EDUCATION SECTOR, WHILE MOBILIZING LATINO VOICE TO PROMOTE PRACTICES AND POLICIES THAT REMOVE...

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LATINOS FOR EDUCATION'S MISSION IS TO DEVELOP, PLACE, AND CONNECT ESSENTIAL LATINO LEADERS IN THE EDUCATION SECTOR, WHILE MOBILIZING LATINO VOICE TO PROMOTE PRACTICES AND POLICIES THAT REMOVE BARRIERS TO EDUCATIONAL OPPORTUNITY. WE DO THIS BY GROWING LATINO LEADERSHIP ACROSS THE EDUCATION SECTOR, BUILDING AN ECOSYSTEM OF LATINO EDUCATION LEADERS WORKING TOWARD A MORE EQUITABLE EDUCATION FOR ALL STUDENTS, AND MOBILIZING LEADERS AND COMMUNITIES ON ISSUES IMPACTING LATINO STUDENTS AND FAMILIES VIA ADVOCACY ACROSS THE COUNTRY. DURING BRIDGE YEAR 2023, LATINOS FOR EDUCATION DID THIS BY PERFORMING THE FOLLOWING ACTIVITIES/PROGRAMS:- ASPIRING LATINO LEADERS FELLOWSHIP - ADVANCES THE LEADERSHIP JOURNEY AND EXPANDS THE SPHERE OF INFLUENCE OF 50-75 LATINO MID- TO SENIOR-LEVEL SCHOOL AND DISTRICT STAFF.- LATINO BOARD FELLOWSHIP - TRAINS AND SUPPORTS 15-25 SENIOR-LEVEL LATINO LEADERS TO SERVE ON EDUCATION NON-PROFIT BOARD OF DIRECTORS.- LATINX TEACHERS FELLOWSHIP - EQUIPS 40-70 EARLY-CAREER LATINO K-12 TEACHERS TO NAVIGATE THE INCREASED DEMANDS OF A CHANGING EDUCATIONAL LANDSCAPE AND IMPROVE THEIR LIKELIHOOD OF PROGRESSING IN THEIR CAREERS AS TEACHER LEADERS.- FAMILIAS LATINAS POR LA EDUCACION: TRAINS AND SUPPORTS 30-40 LATINO GUARDIANS OF SCHOOL-AGED CHILDREN WHO WANT TO POSITIVELY IMPACT THEIR EDUCATION.- ADVOCACY - ACTIVATES THE COLLECTIVE LATINO COMMUNITY VOICE ON UNIQUE ISSUES IMPACTING LATINO STUDENTS AND FAMILIES VIA ADVOCACY AND POLICY CHANGE.- EDCENTRO - IS AN ONLINE PLATFORM CREATED TO CONNECT AND SUPPORT OUR NATIONAL NETWORK OF NEARLY 4,500 LATINO EDUCATION LEADERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,697,468
Program Service Revenue $31,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,728,468

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,873,265
Fundraising Expenses $452,264
Program Expenses $1,972,805
Other Expenses $1,277,125
TOTAL EXPENSES $3,170,640

Year-over-Year Comparison

2022 2021 Change
Revenue $1,728,468 $11,669,227 -0.9%
Expenses $3,170,640 $5,647,371 -0.4%
Net Income $-1,442,172 $6,021,856 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TINA FERNANDEZ CHAIR 2.00
Officer Director
$0 $0 $0
LANDON MASCARENAZ SECRETARY 2.00
Officer Director
$0 $0 $0
SUSAN VALVERDE TREASURER 2.00
Officer Director
$0 $0 $0
MARGARITA FLOREZ VASCONCELOS DIRECTOR 2.00
Director
$0 $0 $0
MARIA OROZCO DIRECTOR 2.00
Director
$0 $0 $0
MANNY RIVERA DIRECTOR 2.00
Director
$0 $0 $0
AMANDA FERNANDEZ CEO 40.00
Officer
$0 $0 $0
ADRIANA SOLIS-LOPEZ CHIEF DEVELOPMENT OFFICER 40.00
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 No data No data No data No data
2023 $1,728,468 $3,170,640 $9,165,162 $-1,442,172
2022 $11,669,227 $5,647,371 $10,395,097 $6,021,856
2021 $4,198,423 $3,317,852 $4,375,243 $880,571
2020 $4,484,096 $2,196,671 $3,645,171 $2,287,425
2019 $2,212,463 $1,842,124 $1,186,562 $370,339
2018 $1,133,759 $1,067,391 $774,058 $66,368
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