LATINAS IN TECH INC

EIN: 831493724 501(c)(3) Human Services

MORAGA, CA

Total Revenue
$1,927,702
Total Expenses
$2,000,369
Total Assets
$1,719,262
Net Assets
$1,364,827
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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
2018
Legal Domicile
CA
Principal Officer
ROCIO VAN NIEROP
Phone
6174134317
Tax Period
2023-01-01 to 2023-12-31

LATINAS IN TECH INC, founded in 2018, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION'S MISSION IS TO PROMOTE AND SUPPORT LATINAS WORKING IN TECHNOLOGY IN THE UNITED STATES AND ABROAD THROUGH REGULAR MEET-UPS, SUMMITS, MENTORING SESSIONS AND OTHER EDUCATIONAL ACTIVITIES.

Program Service Accomplishments

Program 1
Expenses: $1,383,786 Revenue: $1,765,192

ANNUAL SUMMIT & WORKSHOP, SEMINARS AND MEET UPS: ANNUAL SUMMIT & WORKSHOP SEMINARS AND MEET UPS, WHICH UNITE LATINA WITH TECH TOP TALENT TO PROMOTE LATINAS IN TECH'S MISSION OF SUPPORTING LATINAS...

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ANNUAL SUMMIT & WORKSHOP, SEMINARS AND MEET UPS: ANNUAL SUMMIT & WORKSHOP SEMINARS AND MEET UPS, WHICH UNITE LATINA WITH TECH TOP TALENT TO PROMOTE LATINAS IN TECH'S MISSION OF SUPPORTING LATINAS WORKING IN TECHNOLOGY. THE EVENT HAD 1800 PARTICIPANTS, 42 SPEAKERS, AND 60 SPONSORS AND COMMUNITY PARTNERS. LIT ALSO HOSTED OVER 170 MEETUPS AND DEVELOPED NEWLY PILOTS FOR PROFESSIONAL DEVELOPMENT AND MENTORING PROGRAMS TO FURTHER SUPPORT THE CAREERS OF LATINX WOMEN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $160,261
Program Service Revenue $1,765,192
Investment Income $6,653
Other Revenue $-4,404
TOTAL REVENUE $1,927,702

Expense Breakdown

Grants Paid $60,000
Salaries & Benefits $1,085,906
Fundraising Expenses $8,312
Program Expenses $1,383,786
Other Expenses $854,463
TOTAL EXPENSES $2,000,369

Year-over-Year Comparison

2023 2022 Change
Revenue $1,927,702 $1,900,270 +0.0%
Expenses $2,000,369 $1,411,750 +0.4%
Net Income $-72,667 $488,520 -1.1%
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

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Governance

Voting Members
4
Independent Members
2
Employees
11
Volunteers
2

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
$285,401
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROCIO VAN NIEROP CEO 2
Officer
$149,957 $171 $150,128
MAYRA MONTANO TREASURER 2
Officer
$70,526 $0 $70,526
LARISSA PRAIRIE PRESIDENT (UNTIL JUNE 2023) 2
Officer
$51,285 $13,462 $64,747
RACHEL TEN BRINK PRESIDENT (FROM JUNE 2023) 2
Officer Director
$0 $0 $0
ROSE HARTWIG BOARD MEMBER 2
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 No data No data No data No data
2023 $1,927,702 $2,000,369 $1,719,262 $-72,667
2022 $1,900,270 $1,411,750 $1,698,083 $488,520
2021 $1,484,268 $787,271 $1,074,879 $696,997
2020 $686,302 $660,802 $366,738 $25,500
2019 $160,275 $85,646 $94,708 $74,629
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