Latched Support Inc

EIN: 822701432 501(c)(3) Human Services

San Antonio, TX

Total Revenue
$1,410,770
Total Expenses
$1,379,561
Total Assets
$733,291
Net Assets
$656,794
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TX
Principal Officer
Ashley Green
Phone
2103837759
Tax Period
2024-01-01 to 2024-12-31

Latched Support Inc, founded in 2017, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum.

Mission

Latched Support empowers growing families with life-saving pregnancy and parenting education through resources and advocacy so that children may receive a healthy start in life.

Program Service Accomplishments

Program 1
Expenses: $486,213 Revenue: $528,278

Pregnancy & Doula Program- Latched Support provides culturally rooted, community- based perinatal support to pregnant women and families, with a focus on reducing disparities in maternal and infant...

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Pregnancy & Doula Program- Latched Support provides culturally rooted, community- based perinatal support to pregnant women and families, with a focus on reducing disparities in maternal and infant health among Black and Latin communities in San Antonio. Our trained doulas and Family Support Specialists offer prenatal education, labor support, postpartum care, and resource navigation. In 2024, the program served 3,204 pregnant women and 716 partners through office and home visits, workshops, and hospital rounding. Program outcomes included a 39% increase in awareness of birthplace options and a 41% increase in breastfeeding confidence among participants. Services were offered at no cost, eliminating barriers to care for low-income families.

Program 2
Expenses: $661,971 Revenue: $676,784

Early Childhood & Parent Empowerment Program- This intiative supports parents and caregivers of children aged 0-36 months through interactive parent- child sessions and community events desgned to...

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Early Childhood & Parent Empowerment Program- This intiative supports parents and caregivers of children aged 0-36 months through interactive parent- child sessions and community events desgned to strengthen bonding, promote developmental milestones, and reduce parental stress. Sessions include Baby Time, Toddler Time, Little Learners play-based learning, and the Fatherhood Initiative. In 2024, the program hosted 561 attendees at community baby showers, 357 participants in pregnancy-specific workshops, and 1,422 attendees at Community Insurance Baby Showers in partnership with Community First and Superior Insurance.

Program 3
Expenses: $72,149 Revenue: $205,600

Material Assistance & Resource Navigation- Latched Supports Material Assistance Program provides essential items such as diapers, wipes, clothing, period supplies, food, and Mommy Survival Kits to...

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Material Assistance & Resource Navigation- Latched Supports Material Assistance Program provides essential items such as diapers, wipes, clothing, period supplies, food, and Mommy Survival Kits to families with infants and young children. Eligible families can receive up to 56 distributions during their enrollment. In 2024, the program distributed over 100,000 diapers to families in need.

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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 $1,354,662
Program Service Revenue $56,000
Investment Income $108
Other Revenue $0
TOTAL REVENUE $1,410,770

Expense Breakdown

Grants Paid $0
Salaries & Benefits $938,565
Fundraising Expenses $18,794
Program Expenses $1,220,333
Other Expenses $440,996
TOTAL EXPENSES $1,379,561

Year-over-Year Comparison

2024 2023 Change
Revenue $1,410,770 $1,067,337 +0.3%
Expenses $1,379,561 $1,140,425 +0.2%
Net Income $31,209 $-73,088 -1.4%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
4
Employees
18
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
4
$130,000
Total Directors
7
$130,000
Key Employees
1
$130,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Asley Green President 40.00
Officer Director
$130,000 $0 $130,000
D'Juan Green Treasurer 5.00
Officer Director
$0 $0 $0
Beverly Spitznagel Secretary 5.00
Officer Director
$0 $0 $0
Shawnyel Nelson Board Chair 5.00
Officer Director
$0 $0 $0
Nedra Gates Board member 5.00
Director
$0 $0 $0
Dr Shawn Jones Board member 5.00
Director
$0 $0 $0
Dr Ada Dieke Board member 5.00
Director
$0 $0 $0
Veronica Simpkins Exec Director 40.00
Key Emp
$130,000 $0 $130,000
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 $1,410,770 $1,379,561 $733,291 $31,209
2023 $1,067,337 $1,140,425 $651,648 $-73,088
2022 $685,310 $1,244,380 $449,697 $-559,070
2021 $1,500,780 $1,109,795 $1,004,088 $390,985
2020 $1,076,376 $475,561 $618,900 $600,815
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