Civic Intelligence

Latin American Business Assoc

EIN 01-0828219 • 501(c)6 • Miramar, FL

Profile

The mission of the latin american business association(laba)will be to connect all businesses in miami-dade and broward counties for the purpose of mutual advantage and cooperation.

3214 SW 175th AveMiramar, FL 33029

www.uslaba.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.06x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

83rd percentile

0.18x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

87th percentile

27%

Higher net margin than 87% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

76th percentile

16%

Faster asset growth than 76% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

28th percentile

-16%

Faster revenue growth than 28% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$132,044

Up $17,885 (+16%) from 2022

Liabilities

Up

$7,322

Up $7,036 (+2460%) from 2022

Net Assets

Up

$124,722

Up $10,849 (+9.5%) from 2022

Operations
Liabilities / Revenue83rd percentileNet Margin87th percentile

Revenue

Down

$40,176

Down $7,935 (-16%) from 2022

Expenses

Down

$29,329

Down $17,616 (-38%) from 2022

Net Income

Up

$10,847

Up $9,681 (+830%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth76th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $60,556Liabilities 2011: $02011Assets 2012: $56,999Liabilities 2012: $02012Assets 2013: $48,024Liabilities 2013: $02013Assets 2014: $44,191Liabilities 2014: $0Net Assets 2014: $44,1912014Assets 2015: $70,179Liabilities 2015: $0Net Assets 2015: $70,1792015Assets 2016: $97,897Liabilities 2016: $02016Assets 2017: $73,521Liabilities 2017: $0Net Assets 2017: $73,5212017Assets 2018: $41,680Liabilities 2018: $0Net Assets 2018: $41,6802018Assets 2019: $61,974Liabilities 2019: $0Net Assets 2019: $61,9742019Assets 2020: $76,355Liabilities 2020: $5,339Net Assets 2020: $71,0162020Assets 2021: $112,749Liabilities 2021: $41Net Assets 2021: $112,7082021Assets 2022: $114,159Liabilities 2022: $286Net Assets 2022: $113,8732022Assets 2023: $132,044Liabilities 2023: $7,322Net Assets 2023: $124,7222023

Highlighted filing

2023

Assets$132,044
Liabilities$7,322
Net Assets$124,722
Open 2023 Filing

Operations Trend

Revenue Growth28th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $109,111Expenses 2011: $88,460Net Income 2011: $20,6512011Revenue 2012: $138,092Expenses 2012: $141,649Net Income 2012: -$3,5572012Revenue 2013: $83,306Expenses 2013: $92,281Net Income 2013: -$8,9752013Revenue 2014: $106,823Expenses 2014: $110,656Net Income 2014: -$3,8332014Revenue 2015: $150,865Expenses 2015: $124,876Net Income 2015: $25,9892015Revenue 2016: $112,684Expenses 2016: $84,967Net Income 2016: $27,7172016Revenue 2017: $80,364Expenses 2017: $104,740Net Income 2017: -$24,3762017Revenue 2018: $58,307Expenses 2018: $90,148Net Income 2018: -$31,8412018Revenue 2019: $83,749Expenses 2019: $63,455Net Income 2019: $20,2942019Revenue 2020: $71,035Expenses 2020: $61,993Net Income 2020: $9,0422020Revenue 2021: $118,134Expenses 2021: $76,442Net Income 2021: $41,6922021Revenue 2022: $48,111Expenses 2022: $46,945Net Income 2022: $1,1662022Revenue 2023: $40,176Expenses 2023: $29,329Net Income 2023: $10,8472023

Highlighted filing

2023

Revenue$40,176
Expenses$29,329
Net Income$10,847
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$132,044
Liabilities
$7,322
Net assets
$124,722
Revenue
$40,176
Expenses
$29,329
Net income
$10,847
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.32$0.07$1.25$0.40$0.29$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.48$0.47$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.00$1.13$1.18$0.76$0.42
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.76$0.05$0.71$0.71$0.62$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.84$0.63$0.20
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.58$0.90$0.32
2017Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.80$1.05$0.24
2016Summary only. Only limited summary data is available for this year.$0.98$0.00$1.13$0.85$0.28
2015Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$1.51$1.25$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$1.07$1.11$0.04
2013Summary only. Only limited summary data is available for this year.$0.48$0.00$0.83$0.92$0.09
2012Summary only. Only limited summary data is available for this year.$0.57$0.00$1.38$1.42$0.04
2011Summary only. Only limited summary data is available for this year.$0.61$0.00$1.09$0.88$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 25, 2024
Return Version
2023v5.0
Gross Receipts
$40,176
Mission and Program Overview

Mission

The mission of the latin american business association(laba)will be to connect all businesses in miami-dade and broward counties for the purpose of mutual advantage and cooperation.

Program Services

DescriptionGrantsExpenses
THE MISSION OF THE LATIN AMERICAN BUSINESS ASSOCIATION(LABA)WILL BE TO CONNECT ALL BUSINESSES IN MIAMI-DADE AND BROWARD COUNTIES FOR THE PURPOSE OF MUTUAL ADVANTAGE AND COOPERATION.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM J DELGADOOfficer-$0--
ANEL BRITOOfficer-$0--
Filing and Contact Details

Filer

Filer Name
Latin American Business Assoc
EIN
01-0828219
Phone
3054449461
Address
3214 SW 175TH AVE, MIRAMAR, FL 33029

Signing Officer

Name
William J Delgado
Title
Officer
Phone
3054449461
Signed
2024-04-25
Discuss with paid preparer
Yes

Preparer

Firm
Hernandez & Tacoronte Pa
Address
8500 FLAGLER ST W B208, MIAMI, FL 33144-2054
Preparer
Miguel a Hernandez
Phone
3052258646
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses events 9,993 merchant charges 1,105 telephone 4,038 bank charges 30 total 15,166”

Form 990-ez, Part II, Line 24

“Accounts receivable 94,543 122,079 total 94,543 122,079”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 284 7,322”

Form 990-ez, Part III

“The mission of the latin american business association(laba)will be to connect all businesses in miami-dade and broward counties for the purpose of mutual advantage and cooperation.”

Raw XML Appendix98 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0WILLIAM J DELGADO
IRS990EZ/BooksInCareOfDetail/PhoneNum03054449461
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03214 SW 175 AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MIRAMAR
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033029
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt019616
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09965
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt034000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt010847
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0114159
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0132044
IRS990EZ/GrossReceiptsAmt040176
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt05
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0113875
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0124722
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0113875
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0124722
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM J DELGADO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANEL BRITO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1OFFICER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt094543
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0122079
IRS990EZ/OtherExpensesTotalAmt015166
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE LATIN AMERICAN BUSINESS ASSOCIATION(LABA)WILL BE TO CONNECT ALL BUSINESSES IN MIAMI-DADE AND BROWARD COUNTIES FOR THE PURPOSE OF MUTUAL ADVANTAGE AND COOPERATION.
IRS990EZ/ProgramServiceRevenueAmt06171
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE MISSION OF THE LATIN AMERICAN BUSINESS ASSOCIATION(LABA)WILL BE TO CONNECT ALL BUSINESSES IN MIAMI-DADE AND BROWARD COUNTIES FOR THE PURPOSE OF MUTUAL ADVANTAGE AND COOPERATION.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt014163
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0284
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07322
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt029329
IRS990EZ/TotalRevenueAmt040176
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0WWW.USLABA.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES EVENTS 9,993 MERCHANT CHARGES 1,105 TELEPHONE 4,038 BANK CHARGES 30 TOTAL 15,166
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 94,543 122,079 TOTAL 94,543 122,079
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 284 7,322
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MISSION OF THE LATIN AMERICAN BUSINESS ASSOCIATION(LABA)WILL BE TO CONNECT ALL BUSINESSES IN MIAMI-DADE AND BROWARD COUNTIES FOR THE PURPOSE OF MUTUAL ADVANTAGE AND COOPERATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM J DELGADO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03054449461
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LATIN AMERICAN BUSINESS ASSOC
ReturnHeader/Filer/BusinessNameControlTxt0LATI
ReturnHeader/Filer/EIN0010828219
ReturnHeader/Filer/PhoneNum03054449461
ReturnHeader/Filer/USAddress/AddressLine1Txt03214 SW 175TH AVE
ReturnHeader/Filer/USAddress/CityNm0MIRAMAR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033029
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650490869
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HERNANDEZ & TACORONTE PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08500 FLAGLER ST W B208
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0331442054
ReturnHeader/PreparerPersonGrp/PhoneNum03052258646
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIGUEL A HERNANDEZ
ReturnHeader/ReturnTs02024-11-06T16:31:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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