PETARE-LATAM FOUNDATION INC

EIN: 844503840 501(c)(3) Food, Agriculture & Nutrition

MIAMI, FL

Total Revenue
$245,674
Total Expenses
$235,960
Total Assets
$74,010
Net Assets
$74,010
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
FL
Principal Officer
NORELYS LUCENA
Phone
9549809453
Tax Period
2024-01-01 to 2024-12-31

PETARE-LATAM FOUNDATION INC, founded in 2019, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $246K in total revenue in fiscal year 2024. Expenses of $236K left a modest 4% surplus.

Mission

IS A NONPROFIT ORGANIZATION THAT CONTRIBUTES TO THE INTEGRATION AND DEVELOPMENT OF LATIN AMERICANS ADJUSTING TO THE NEEDS AND REALITIES OF EACH INDIVIDUAL IN EDUCATION, FINANCIAL LITERACY, HEALTH AND NUTRITION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $245,674
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $245,674

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $199,363
Other Expenses $235,960
TOTAL EXPENSES $235,960

Year-over-Year Comparison

2024 2023 Change
Revenue $245,674 $242,782 +0.0%
Expenses $235,960 $225,981 +0.0%
Net Income $9,714 $16,801 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
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
1
$32,350
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NORELYS LUCENA TREASURER 15.00
Officer
$32,350 $0 $32,350
IGNACIO CARDONA PRESIDENT 15.00
Director
$0 $0 $0
CARLOS EDUARDO OCARIZ VICE PRESIDENT 15.00
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 $245,674 $235,960 $74,010 $9,714
2023 $242,782 $225,981 $64,296 $16,801
2021 $262,180 $153,979 $108,565 $108,201
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare PETARE-LATAM FOUNDATION INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.