CIENTIFICO LATINO INC

EIN: 990550595 501(c)(3) Science & Technology

South Ozone Park, NY

Total Revenue
$230,420
Total Expenses
$208,523
Total Assets
$22,343
Net Assets
$21,897
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
NY
Principal Officer
Robert Fernandez
Phone
4753550029
Tax Period
2024-01-01 to 2024-12-31

CIENTIFICO LATINO INC, founded in 2023, is a small nonprofit in the Science & Technology sector that reported $230K in total revenue in fiscal year 2024. Expenses of $209K left a modest 10% surplus.

Mission

Cientifico Latino, Inc. is a 501(c)(3) organization that aims to promote an environment of inclusivity in STEM and increase the number of scientists from minoritized backgrounds in higher education in the sciences through mentorship, open-access resources, and professional development opportunities.

Program Service Accomplishments

Program 1
Expenses: $103,088 Revenue: $11,784

The GSMI 2024 program enrolled 100 students into the 9-month mentorship program to provide them mentorship, resources, and financial support to assist them on their application process to graduate...

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The GSMI 2024 program enrolled 100 students into the 9-month mentorship program to provide them mentorship, resources, and financial support to assist them on their application process to graduate school programs in the sciences. Based on program survey responses, 75 out of 77 students ended up applying to graduate programs in the sciences and 47 out of 75 students that applied to graduate programs in the sciences will be matriculating to graduate school programs (Master's or PhD) in the sciences. We have given seven professional development webinars on the graduate school application process in 2024 and two professional development webinars in the second half of the program in 2025. In 2024, we have hosted three in-person gatherings in New York City, Boston, and Pittsburgh where our GSMI students build community with scientists in the program in addition to learning about how to navigate graduate school. We have awarded $21,480.40 in scholarships to cover the students' graduate school application costs. We had 7 GSMI scholars receive a national graduate school fellowship (NSF-GRFP) that supports three years of graduate studies and 10 GSMI scholars were given an honorable mention for this award.

Program 2
Expenses: $89,300 Revenue: $2,200

The GSEC 2024 program enrolled 93 students into the 10-month mentorship program that provides them mentorship, professional development, and community to support them in the first-year of graduate...

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The GSEC 2024 program enrolled 93 students into the 10-month mentorship program that provides them mentorship, professional development, and community to support them in the first-year of graduate school. In 2024, we have awarded 34 first-year graduate students with $42,500 in scholarships to cover educational expenses in their first year of graduate school. In 2024, we have provided three professional development webinars on navigating the first-year of graduate school, choosing research laboratories, applying to fellowships, and developing time management skills. In 2025, there were four professional development webinars in the second half of the program. In the first half of the program in 2024, there were three virtual community socials on building community with scientists and creating a space to discuss challenges in the first-year of graduate school. In the second half of the program in 2025, there were three virtual community socials.

Program 3
Expenses: $0 Revenue: $0

In the first half of the 2024 Consulting Preparation Program, we have informed 84 scientists on preparing for careers in consulting through two professional development webinars. In the second half...

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In the first half of the 2024 Consulting Preparation Program, we have informed 84 scientists on preparing for careers in consulting through two professional development webinars. In the second half of the program starting in 2025, we have enrolled 10 students to receive individualized mentorship and professional development as they prepare to apply for consulting jobs.

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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 $230,420
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $230,420

Expense Breakdown

Grants Paid $0
Salaries & Benefits $52,723
Fundraising Expenses $0
Program Expenses $192,388
Other Expenses $155,800
TOTAL EXPENSES $208,523

Year-over-Year Comparison

2024 2023 Change
Revenue $230,420 N/A N/A
Expenses $208,523 N/A N/A
Net Income $21,897 $0 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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Governance

Voting Members
3
Independent Members
2
Employees
1
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
$48,500
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Fernandez Executive Director 40
Officer
$48,500 $0 $48,500
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
2025 No data No data No data No data
2024 $230,420 $208,523 $22,343 $21,897
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