CHARLOTTE, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE INSTITUTE, founded in 2020, is a community nonprofit in the Employment sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 850% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 74% operating margin.
TO DEVELOP AND PROVIDE EDUCATIONAL PROGRAMMING DESIGNED TO RETOOL, EQUIP, AND EDUCATE THE HISPANIC ENTREPRENEURIAL AND START-UP COMMUNITY IN THE CHARLOTTE, NC REGION, INCLUDING THOSE SEEKING JOB SKILLS TO OBTAIN GOOD EMPLOYMENT WITH A LOCAL COMPANY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,151,599 | $226,544 | +8.5% |
| Expenses | $559,595 | $104,464 | +4.4% |
| Net Income | $1,592,004 | $122,080 | +12.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SIMON MUNOZ-ALVAREZ | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHANNA SUAREZ | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN ROJAS | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERLAN MARTINEZ | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARIO MANDIGANA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS PARKS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| FEDERICO CARBALLO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PETER MORGAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TIFFANY ANDERS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANILO FORMOLO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| IVAN DIAZ-CAMPOS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NATALIA SANCHEZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PACINO MANCILLAS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARTA TATAJE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GRISELDA BAILEY | PRESIDENT & CEO | 30.00 |
Officer
|
$0 | $0 | $107,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $2,151,599 | $559,595 | $1,940,261 | $1,592,004 |
| 2022 | $226,544 | $104,464 | $314,033 | $122,080 |
| 2021 | $200,000 | $15,535 | $184,465 | $184,465 |
Compare LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE INSTITUTE with other nonprofits in North Carolina and across the country.