Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
7th percentile
Faster asset growth than 7% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Assets
Down$13,426
Down $17,391 (-56%) from 2015
Net Assets
Down-$15,300
Down $17,391 (-832%) from 2015
Liabilities
Flat$28,726
Flat from 2015
Revenue
Down$3,500
Down $59,168 (-94%) from 2015
Expenses
Down$20,891
Down $12,701 (-38%) from 2015
Net Income
Down-$17,391
Down $46,467 (-160%) from 2015
LAB offers an annual themed visual arts competition to currently enrolled high school students in select cities in collaboration with the local Mayors Office and Department of Education. 1st place winners receive scholarship support from LAB and are honored in a public ceremony during Hispanic Heritage Month.
| Description | Grants | Expenses |
|---|---|---|
| Lab holds an annual art competition available to currently enrolled high school students, in select cities. All the artwork is submitted by the student's high school on behalf of its students. A panel of professional judges is | $11,654 | $5,715 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| D R Nuccio | President | PT | $0 | - | - |
| Daniel O Cisneros | Vice President | PT | $0 | - | - |
| David Cuomo | Secretary | PT | $0 | - | - |
“| Donee's Name: Manny Reyes | Cash Amount Given: $5715”
“Advertising and Promotion $92”
“Travel $5710”
“Insurance $996”
“Studio Cleaning $1961”
“Contest Expenses $1300”
“Repairs $771”
“Telephone $675”
“Van Storage $474”
“Translation Services $425”
“Supplies $216”
“Vehicle Expenses $121”
“Film Production Expenses $100”
“Donations $100”
“Bank Charges $35”
“Furniture and Fixtures - Beginning $1000 Furniture and Fixtures - Ending $1000”
“Payable to Officers, Directors, Etc. - Beginning $28726 Payable to Officers, Directors, Etc. - Ending $28726”
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 | D R Nuccio |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7732916901 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6800 Riverside Drive |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Berwyn |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60402 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 29817 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 12426 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 3500 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -17391 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 450 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 30817 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 13426 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 5715 |
| IRS990EZ/GrossReceiptsAmt | 0 | 3500 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 28726 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | true |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 2091 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -15300 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 2091 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -15300 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | D R Nuccio |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Daniel O Cisneros |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | David Cuomo |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1000 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1000 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 12976 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | LAB offers an annual themed visual arts competition to currently enrolled high school students in select cities in collaboration with the local Mayors Office and Department of Education. 1st place winners receive scholarship support from LAB and are honored in a public ceremony during Hispanic Heritage Month. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1750 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Lab holds an annual art competition available to currently enrolled high school students, in select cities. All the artwork is submitted by the student's high school on behalf of its students. A panel of professional judges is |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 11654 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 5715 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 28726 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 28726 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 20891 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 11654 |
| IRS990EZ/TotalRevenueAmt | 0 | 3500 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 3500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 61540 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 7250 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 20766 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 20560 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 113616 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 113616 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 3500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 61540 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 7250 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 20766 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 20560 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 113616 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 113616 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 28726 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | Cash Flow |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 2332 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | D Nuccio |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | President |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | true |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 28726 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Donee's Name: Manny Reyes | Cash Amount Given: $5715 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Advertising and Promotion $92 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Travel $5710 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Insurance $996 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Studio Cleaning $1961 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Contest Expenses $1300 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Repairs $771 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Telephone $675 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Van Storage $474 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Translation Services $425 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Supplies $216 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Vehicle Expenses $121 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Film Production Expenses $100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Donations $100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Bank Charges $35 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Furniture and Fixtures - Beginning $1000 Furniture and Fixtures - Ending $1000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Payable to Officers, Directors, Etc. - Beginning $28726 Payable to Officers, Directors, Etc. - Ending $28726 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Grants and Similar Amounts Paid In Excess of $5,000.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Expenses.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Other Expenses.11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Other Expenses.12 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Other Assets.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Total Liabilities.1006 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Don Rossi Nuccio |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-08-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Latino Art Beat Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LATI |
| ReturnHeader/Filer/EIN | 0 | 364235183 |
| ReturnHeader/Filer/PhoneNum | 0 | 7732916901 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 87458 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Chicago |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60680 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Cummings Professional Services Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 444 E Roosevelt Road 234 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Lombard |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60148 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6308066617 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Linda Cummings |
| ReturnHeader/ReturnTs | 0 | 2017-08-04T08:55:44-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.