NORTH SHORE LATINO BUSINESS CENTER INC

EIN: 832642055 501(c)(3) Environment

LYNN, MA

Total Revenue
$246,057
Total Expenses
$131,367
Total Assets
$145,824
Net Assets
$125,824
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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
MA
Principal Officer
FRANCES C MARTINEZ
Phone
7815968300
Tax Period
2021-01-01 to 2021-12-31

NORTH SHORE LATINO BUSINESS CENTER INC, founded in 2018, is a small nonprofit in the Environment sector that reported $246K in total revenue in fiscal year 2021. The organization ran a surplus of $115K, a strong 47% operating margin.

Mission

We are the premier small business association in Bostons North Shore helping Latino and business owners and entrepreneurs grow.

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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 (2021)

Revenue Breakdown

Contributions & Grants $246,057
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $246,057

Expense Breakdown

Grants Paid $0
Salaries & Benefits $48,701
Fundraising Expenses $0
Program Expenses $131,367
Other Expenses $82,666
TOTAL EXPENSES $131,367

Year-over-Year Comparison

2021 2020 Change
Revenue $246,057 N/A N/A
Expenses $131,367 N/A N/A
Net Income $114,690 N/A N/A
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
N/A
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
3
$0
Total Directors
4
$38,332
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANCES C MARTINEZ Director 2.00
Director
$38,332 $0 $38,332
ALBERTO CALVO MA President 2.00
Officer Director
$0 $0 $0
ARIEL NOESI Treasurer 2.00
Officer Director
$0 $0 $0
ROSA FELIZ CLERK 2.00
Officer 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
2021 $246,057 $131,367 $145,824 $114,690
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