Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Latin American Recovery Inc
EIN 32-0601186 • 501(c)3 • New York, NY
Profile
The charity aims to promote, advance and support a variety of humanitarian causes within latin america, including the fulfillment of human rights of latin american refugees, and to preserve the cultural heritage of latin american countries. In furthering this purporse, the charity intends to work closely with and support non-governmental organizations-primarity through grantmaking - with missions closely aligned with that of the charity, the charity strives to be recogneized as an effective and innovative organization that supports humanitarian projects in latin american and works on the preservation of the cultural heritage of latin american countries.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.30x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on the latest valid filing.
Top Officer Pay
69th percentile
Higher top officer pay than 69% of similar nonprofits.
Asset Growth
52nd percentile
Faster asset growth than 52% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
Up$18,597
Up $1 (+0.0%) from 2023
Liabilities
Up$5,495
Up $2,357 (+75%) from 2023
Net Assets
Down$13,102
Down $2,356 (-15%) from 2023
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$2,356
Up $504 (+27%) from 2023
Net Income
-
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $18,597
- Liabilities
- $5,495
- Net assets
- $13,102
- Revenue
- -
- Expenses
- $2,356
- Net income
- -
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 6, 2025
- Return Version
- 2024v5.0
Mission and Program Overview
Mission
The charity aims to promote, advance and support a variety of humanitarian causes within latin america, including the fulfillment of human rights of latin american refugees, and to preserve the cultural heritage of latin american countries. In furthering this purporse, the charity intends to work closely with and support non-governmental organizations-primarity through grantmaking - with missions closely aligned with that of the charity, the charity strives to be recogneized as an effective and innovative organization that supports humanitarian projects in latin american and works on the preservation of the cultural heritage of latin american countries.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SEE SCHEDULE O | - | $2,356 |
| N/A | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| - | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Latin American Recovery Inc
- EIN
- 32-0601186
- Phone
- 2028627849
- Address
- 425 WEST 53 STREET - APT 202, NEW YORK, NY 10019
Signing Officer
- Name
- Luciana Rossi Salomao
- Title
- Director
- Phone
- 2028627849
- Signed
- 2025-05-06
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Drummond CPA
- Address
- 80 SW 8 ST SUITE 2000, MIAMI, FL 33130
- Preparer
- Bruno Drummond
- Phone
- 7817700005
Supplemental Narrative
Additional Explanations
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 229 0 related party payable 2,909 5,495”
Form 990-ez, Part III
“The charity aims to promote, advance and support a variety of humanitarian causes within latin america, including the fulfillment of human rights of latin american refugees, and to preserve the cultural heritage of latin american countries. In furthering this purporse, the charity intends to work closely with and support non-governmental organizations-primarity through grantmaking - with missions closely aligned with that of the charity, the charity strives to be recogneized as an effective and innovative organization that supports humanitarian projects in latin american and works on the preservation of the cultural heritage of latin american countries.”
Form 990-ez, Part III, Line 31
“SEE SCHEDULE O”
Raw XML Appendix110 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | DRUMMOND CPA LLC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7817700005 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 99 SUMNER ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt | 0 | SUITE 216 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BOSTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02128 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 18596 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 18597 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -2356 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2356 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 18596 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 18597 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 15458 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 13102 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 15458 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 13102 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt | 0 | LUCIANA ROSSI SALOMAO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine2Txt | 0 | LUCIANA ROSSI SALOMAO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE CHARITY AIMS TO PROMOTE, ADVANCE AND SUPPORT A VARIETY OF HUMANITARIAN CAUSES WITHIN LATIN AMERICA, INCLUDING THE FULFILLMENT OF HUMAN RIGHTS OF LATIN AMERICAN REFUGEES, AND TO PRESERVE THE CULTURAL HERITAGE OF LATIN AMERICAN COUNTRIES. IN FURTHERING THIS PURPORSE, THE CHARITY INTENDS TO WORK CLOSELY WITH AND SUPPORT NON-GOVERNMENTAL ORGANIZATIONS-PRIMARITY THROUGH GRANTMAKING - WITH MISSIONS CLOSELY ALIGNED WITH THAT OF THE CHARITY, THE CHARITY STRIVES TO BE RECOGNEIZED AS AN EFFECTIVE AND INNOVATIVE ORGANIZATION THAT SUPPORTS HUMANITARIAN PROJECTS IN LATIN AMERICAN AND WORKS ON THE PRESERVATION OF THE CULTURAL HERITAGE OF LATIN AMERICAN COUNTRIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | N/A |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | SEE SCHEDULE O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 2356 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3138 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 5495 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 2356 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 2356 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 20000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 52 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 62886 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 82938 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 10416 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 82938 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 20000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 52 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 62886 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 82938 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 82938 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 229 0 RELATED PARTY PAYABLE 2,909 5,495 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE CHARITY AIMS TO PROMOTE, ADVANCE AND SUPPORT A VARIETY OF HUMANITARIAN CAUSES WITHIN LATIN AMERICA, INCLUDING THE FULFILLMENT OF HUMAN RIGHTS OF LATIN AMERICAN REFUGEES, AND TO PRESERVE THE CULTURAL HERITAGE OF LATIN AMERICAN COUNTRIES. IN FURTHERING THIS PURPORSE, THE CHARITY INTENDS TO WORK CLOSELY WITH AND SUPPORT NON-GOVERNMENTAL ORGANIZATIONS-PRIMARITY THROUGH GRANTMAKING - WITH MISSIONS CLOSELY ALIGNED WITH THAT OF THE CHARITY, THE CHARITY STRIVES TO BE RECOGNEIZED AS AN EFFECTIVE AND INNOVATIVE ORGANIZATION THAT SUPPORTS HUMANITARIAN PROJECTS IN LATIN AMERICAN AND WORKS ON THE PRESERVATION OF THE CULTURAL HERITAGE OF LATIN AMERICAN COUNTRIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SEE SCHEDULE O |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LUCIANA ROSSI SALOMAO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2028627849 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LATIN AMERICAN RECOVERY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LATI |
| ReturnHeader/Filer/EIN | 0 | 320601186 |
| ReturnHeader/Filer/PhoneNum | 0 | 2028627849 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 425 WEST 53 STREET - APT 202 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10019 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 273080532 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DRUMMOND CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 80 SW 8 ST SUITE 2000 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MIAMI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 33130 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7817700005 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRUNO DRUMMOND |
| ReturnHeader/ReturnTs | 0 | 2025-05-06T17:13:49-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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