Civic Intelligence

The Latina Circle Inc

EIN 82-4167948 • 501(c)3 • Wellesley, MA

Profile

Advancing a new era of latino prosperity by expanding latinx leadership across sectors, galvanizing legislative and public support, and champining continual economic mobility.

18 Grove StreetWellesley, MA 02482

www.amplifylatinx.com

Siviq Scores

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

Liabilities / Assets

94th percentile

1.03x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.37x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

8th percentile

-42%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

7th percentile

-25%

Faster asset growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

41st percentile

3.0%

Faster revenue growth than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$580,057

Down $194,672 (-25%) from 2023

Liabilities

Up

$599,885

Up $493,390 (+463%) from 2023

Net Assets

Down

-$19,828

Down $688,062 (-103%) from 2023

Revenue

Up

$1,628,766

Up $47,148 (+3.0%) from 2023

Expenses

Up

$2,316,828

Up $688,094 (+42%) from 2023

Net Income

Down

-$688,062

Down $640,946 (-1360%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2018: $380,217Liabilities 2018: $4,000Net Assets 2018: $376,2172018Assets 2019: $329,704Liabilities 2019: $13,085Net Assets 2019: $316,6192019Assets 2020: $292,602Liabilities 2020: $9,232Net Assets 2020: $283,3702020Assets 2021: $763,819Liabilities 2021: $13,333Net Assets 2021: $750,4862021Assets 2022: $840,663Liabilities 2022: $125,313Net Assets 2022: $715,3502022Assets 2023: $774,729Liabilities 2023: $106,495Net Assets 2023: $668,2342023Assets 2024: $580,057Liabilities 2024: $599,885Net Assets 2024: -$19,8282024

Highlighted filing

2024

Assets$580,057
Liabilities$599,885
Net Assets-$19,828

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $497,637Expenses 2018: $121,420Net Income 2018: $376,2172018Revenue 2019: $305,572Expenses 2019: $365,170Net Income 2019: -$59,5982019Revenue 2020: $416,537Expenses 2020: $449,786Net Income 2020: -$33,2492020Revenue 2021: $1,080,184Expenses 2021: $613,068Net Income 2021: $467,1162021Revenue 2022: $1,294,465Expenses 2022: $1,329,601Net Income 2022: -$35,1362022Revenue 2023: $1,581,618Expenses 2023: $1,628,734Net Income 2023: -$47,1162023Revenue 2024: $1,628,766Expenses 2024: $2,316,828Net Income 2024: -$688,0622024

Highlighted filing

2024

Revenue$1,628,766
Expenses$2,316,828
Net Income-$688,062

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.0
Gross Receipts
$1,761,424
Mission and Program Overview

Mission

To build latinx economic and political power by significantly increasing latinx civic engagement, economic opportunity, and leadership representation across sectors.

We are alx is dedicated to advancing the economic and social prosperity of the latino community in massachusetts and beyond. Our mission is to foster an inclusive and equitable society where underrepresented entrepreneurs and leaders can thrive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$263,076$474,968▲ $211,892
Pledges and Grants Receivable$483,510$91,650▼ $391,860
Prepaid Expenses and Deferred Charges$8,502$5,552▼ $2,950
Land, Buildings, and Equipment, Net$15,441$3,687▼ $11,754
Total Assets$774,729$580,057▼ $194,672
Other Assets Total$4,200$4,200→ $0
Liabilities
Deferred Revenue-$498,697-
Accounts Payable and Accrued Expenses$67,011$80,365▲ $13,354
Other Liabilities$39,484$20,823▼ $18,661
Total Liabilities$106,495$599,885▲ $493,390
Net Assets / Fund Balance
Net Assets With Donor Restrictions$563,201$149,643▼ $413,558
Net Assets Without Donor Restrictions$105,033$-169,471▼ $274,504
Total Net Assets Fund Balance$668,234$-19,828▼ $688,062
Total Liabilities and Net Assets / Fund Balance$774,729$580,057▼ $194,672

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,687$73,409$77,096
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eneida RomanPresident/ceFT$250,138-$250,138
Eneida RomanPresident/CEO-$250,138-$250,138
Liday RengifoDirector of BusinFT$110,704$6,866$117,570
Daliza NovaHd of StrateFT$106,203$6,764$112,967
Monica E Hinojos-capesHead of InitFT$110,963-$110,963
Roxanna S MissongDirector MarketiFT$100,090-$100,090

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,750,615
Program Service Revenue
$0
Investment Income
$675
Other Revenue
$-122,524
All Other Contributions
$1,069,312
Change in Net Assets
$-688,062

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,628,766
Revenue Not Reported on Form 990
$360,805
Total Revenue per Audited Statements
$1,989,571
Total Revenue per Form 990
$1,628,766
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,312,171
Other Expenses$1,004,657
Total Fundraising Expense$235,507
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$603,093$193,575$91,279$887,947
Fees for Services Other$182,455$90,824$37,927$311,206
Current Officers, Directors, Trustees, and Key Employees$187,604$37,521$25,014$250,139
Payroll Taxes$89,717$26,005$14,303$130,025
All Other Expenses$32,567$54,432$6,942$93,941
Other Employee Benefits$30,401$8,812$4,847$44,060
Office Expenses$23,870$3,486$5,328$32,684
Other Expenses$11,156$20,528$45,259$31,684
Occupancy$12,894$3,737$2,055$18,686
Fees for Services Accounting-$16,057-$16,057
Depreciation Depletion$8,110$2,351$1,293$11,754
Conferences and Meetings$8,372--$8,372
Insurance$5,038$1,520$1,043$7,601
Travel$6,492$377$217$7,086
Advertising$3,323--$3,323
Total Functional Expenses$1,622,096$459,225$235,507$2,316,828

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,677,633
Expenses per Audited Statements$2,316,828
Total Expenses per Form 990$2,316,828
Expenses Not Reported on Form 990$360,805
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$132,658
Fundraising Gross Income$10,134
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll and Related$20,823
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Board elections are held annually with a full board.

Form 990, Page 6, Part VI, Line 7B

All decisions that need board approval are voted on at board meetings and documented in the board minutes.

Form 990, Page 6, Part VI, Line 11B

Board reviews and approves 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

Annual disclosure required.

Form 990, Page 6, Part VI, Line 15A

Salary approved by board of directors based on a benchmark review conducted by an outside consultant and board members.

Form 990, Page 6, Part VI, Line 15B

Salary approved by board of directors based on a benchmark review conducted by an outside consultant and board members.

Form 990, Page 6, Part VI, Line 19

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
We Are Alx Inc
EIN
82-4167948
Phone
6172099203
Address
18 GROVE STREET, WELLESLEY, MA 02482

Signing Officer

Name
Eneida Roman
Title
President/CEO
Phone
6172099203
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eneida Roman
Formed
2018
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
10
Employees
24

Preparer

Firm
Gonzalez and Associates Pc
Address
14 PAGE TERRACE, STOUGHTON, MA 02072
Preparer
Lillian Gonzalez CPA Mst Csep Csrp
Phone
7813441040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

We are alx is dedicated to advancing the economic and social prosperity of the latino community in massachusetts and beyond. Our mission is to foster an inclusive and equitable society where underrepresented entrepreneurs and leaders can thrive.

Form 990, Page 2, Part III, Line 4A

The organization has built a network of over 10k individuals and the programs amplify economic, leadership, and policy outcomes while fortifying community foundations and infrastructural ecosystems. Economic prosperity is where latino entrepreneurs and businesses intersect with the resources and support provided by alx to build generational wealth and power economic growth and opportunity. Through culturally-relevant programs and strategic support, we empower latino-owned businesses to overcome barriers, access capital, and scale sustainably. By championing economic growth, we are investing in a highly-skilled and increasingly diverse workforce- strengthening the economic future of massachusetts for everyone. Leadership and representation drive transformative change, where latino voices converge with visibility and influence to shape a more equitable future. By elevating emerging and established leaders and amplifying latino american impact through platforms like the alx100, alx talks, and digital visibility campaigns, we shine a spotlight on the talent and power within our community. Through our leadership and visibility efforts, we are reshaping narratives and focusing on the positive impact latino americans are making today policy and advocacy are where latino community needs and systemic change meet, with alx championing policies that make massachusetts more competitive and equitable. Alx has very strong relationships within the latino community and massachusetts government- making us uniquely qualified to bridge gaps in a culturally-relevant and effective manner. Through collaboration with coalitions and partners, we transform advocacy into action, creating lasting impact that strengthens the social and economic fabric of massachusetts. 2024 achievement highlights the alx business program surpassed its 2024 goals by 145%, supporting more than 300 businesses with nearly 4,000 hours of expert bilingual strategic guidance. The second annual alx100 celebration recognized 100 influential latino leaders from a pool of 600 nominees and featured a new sculpture that traveled statewide to honor their contributions to massachusetts. We are alx doubled its team size, enabling broader outreach and a deeper impact across massachusetts. The latino startup hub pitch competition received nearly 100 applications and awarded five new england entrepreneurs a share of 35,000, providing them a platform to showcase their innovations while allowing them to preserve their capital. The alx business program delivered more than 50 bilingual and culturally-tailored workshop hours to 200+ participants on topics such as government contracting, transforming childcare businesses, advancing with ai, and other digital marketing tactics. The alx policy summit brought together leaders to address micro businesses and scalability- focusing on their impact on economic prosperity in massachusetts. The 2024 alx business summit introduced alx talks, delivering dynamic stories, transformative strategies, and invaluable insights to entrepreneurs for greater impact and growth. Our childcare initiative supported childcare providers in massachusetts, successfully advocating for policy changes and increased resources to benefit more than 1300 families through the alx childcare program . Alx business roundtables: we facilitated key discussions with massachusetts government leaders and latino american entrepreneurs, significantly enhancing access to capital and legislative support, fostering a more inclusive and prosperous economic landscape for the commonwealth. Alx advanced its policy work, supporting statewide bills addressing resources for micro businesses, tuition equity, closing wealth gaps, and equitable procurement in massachusetts- contributing to the passage of key legislation impacting latino american business owners.

Form 990, Part IX, Line 11G

Consultants 182,455 90,824 3,600 alx 100 consulting 0 0 34,327 total 182,455 90,824 37,927

Form 990, Part XI, Line 9

Event expenses netted for 990 132,658 event expenses netted for 990 -132,658

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Event expenses netted for 990 132,658

Schedule D, Page 4, Part XII, Line 2D

Event expenses netted for 990 132,658

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

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IRS990/Desc0THE ORGANIZATION HAS BUILT A NETWORK OF OVER 10K INDIVIDUALS AND THE PROGRAMS AMPLIFY ECONOMIC, LEADERSHIP, AND POLICY OUTCOMES WHILE FORTIFYING COMMUNITY FOUNDATIONS AND INFRASTRUCTURAL ECOSYSTEMS. ECONOMIC PROSPERITY IS WHERE LATINO ENTREPRENEURS AND BUSINESSES INTERSECT WITH THE RESOURCES AND SUPPORT PROVIDED BY ALX TO BUILD GENERATIONAL WEALTH AND POWER ECONOMIC GROWTH AND OPPORTUNITY. THROUGH CULTURALLY-RELEVANT PROGRAMS AND STRATEGIC SUPPORT, WE EMPOWER LATINO-OWNED BUSINESSES TO OVERCOME BARRIERS, ACCESS CAPITAL, AND SCALE SUSTAINABLY. BY CHAMPIONING ECONOMIC GROWTH, WE ARE INVESTING IN A HIGHLY-SKILLED AND INCREASINGLY DIVERSE WORKFORCE- STRENGTHENING THE ECONOMIC FUTURE OF MASSACHUSETTS FOR EVERYONE. LEADERSHIP AND REPRESENTATION DRIVE TRANSFORMATIVE CHANGE, WHERE LATINO VOICES CONVERGE WITH VISIBILITY AND INFLUENCE TO SHAPE A MORE EQUITABLE FUTURE. BY ELEVATING EMERGING AND ESTABLISHED LEADERS AND AMPLIFYING LATINO AMERICAN IMPACT THROUGH PLATFORMS LIKE THE ALX100, ALX TALKS, AND DIGITAL VISIBILITY CAMPAIGNS, WE SHINE A SPOTLIGHT ON THE TALENT AND POWER WITHIN OUR COMMUNITY. THROUGH OUR LEADERSHIP AND VISIBILITY EFFORTS, WE ARE RESHAPING NARRATIVES AND FOCUSING ON THE POSITIVE IMPACT LATINO AMERICANS ARE MAKING TODAY POLICY AND ADVOCACY ARE WHERE LATINO COMMUNITY NEEDS AND SYSTEMIC CHANGE MEET, WITH ALX CHAMPIONING POLICIES THAT MAKE MASSACHUSETTS MORE COMPETITIVE AND EQUITABLE. ALX HAS VERY STRONG RELATIONSHIPS WITHIN THE LATINO COMMUNITY AND MASSACHUSETTS GOVERNMENT- MAKING US UNIQUELY QUALIFIED TO BRIDGE GAPS IN A CULTURALLY-RELEVANT AND EFFECTIVE MANNER. THROUGH COLLABORATION WITH COALITIONS AND PARTNERS, WE TRANSFORM ADVOCACY INTO ACTION, CREATING LASTING IMPACT THAT STRENGTHENS THE SOCIAL AND ECONOMIC FABRIC OF MASSACHUSETTS. 2024 ACHIEVEMENT HIGHLIGHTS THE ALX BUSINESS PROGRAM SURPASSED ITS 2024 GOALS BY 145%, SUPPORTING MORE THAN 300 BUSINESSES WITH NEARLY 4,000 HOURS OF EXPERT BILINGUAL STRATEGIC GUIDANCE. THE SECOND ANNUAL ALX100 CELEBRATION RECOGNIZED 100 INFLUENTIAL LATINO LEADERS FROM A POOL OF 600 NOMINEES AND FEATURED A NEW SCULPTURE THAT TRAVELED STATEWIDE TO HONOR THEIR CONTRIBUTIONS TO MASSACHUSETTS. WE ARE ALX DOUBLED ITS TEAM SIZE, ENABLING BROADER OUTREACH AND A DEEPER IMPACT ACROSS MASSACHUSETTS. THE LATINO STARTUP HUB PITCH COMPETITION RECEIVED NEARLY 100 APPLICATIONS AND AWARDED FIVE NEW ENGLAND ENTREPRENEURS A SHARE OF 35,000, PROVIDING THEM A PLATFORM TO SHOWCASE THEIR INNOVATIONS WHILE ALLOWING THEM TO PRESERVE THEIR CAPITAL. THE ALX BUSINESS PROGRAM DELIVERED MORE THAN 50 BILINGUAL AND CULTURALLY-TAILORED WORKSHOP HOURS TO 200+ PARTICIPANTS ON TOPICS SUCH AS GOVERNMENT CONTRACTING, TRANSFORMING CHILDCARE BUSINESSES, ADVANCING WITH AI, AND OTHER DIGITAL MARKETING TACTICS. THE ALX POLICY SUMMIT BROUGHT TOGETHER LEADERS TO ADDRESS MICRO BUSINESSES AND SCALABILITY- FOCUSING ON THEIR IMPACT ON ECONOMIC PROSPERITY IN MASSACHUSETTS. THE 2024 ALX BUSINESS SUMMIT INTRODUCED ALX TALKS, DELIVERING DYNAMIC STORIES, TRANSFORMATIVE STRATEGIES, AND INVALUABLE INSIGHTS TO ENTREPRENEURS FOR GREATER IMPACT AND GROWTH. OUR CHILDCARE INITIATIVE SUPPORTED CHILDCARE PROVIDERS IN MASSACHUSETTS, SUCCESSFULLY ADVOCATING FOR POLICY CHANGES AND INCREASED RESOURCES TO BENEFIT MORE THAN 1300 FAMILIES THROUGH THE ALX CHILDCARE PROGRAM . ALX BUSINESS ROUNDTABLES: WE FACILITATED KEY DISCUSSIONS WITH MASSACHUSETTS GOVERNMENT LEADERS AND LATINO AMERICAN ENTREPRENEURS, SIGNIFICANTLY ENHANCING ACCESS TO CAPITAL AND LEGISLATIVE SUPPORT, FOSTERING A MORE INCLUSIVE AND PROSPEROUS ECONOMIC LANDSCAPE FOR THE COMMONWEALTH. ALX ADVANCED ITS POLICY WORK, SUPPORTING STATEWIDE BILLS ADDRESSING RESOURCES FOR MICRO BUSINESSES, TUITION EQUITY, CLOSING WEALTH GAPS, AND EQUITABLE PROCUREMENT IN MASSACHUSETTS- CONTRIBUTING TO THE PASSAGE OF KEY LEGISLATION IMPACTING LATINO AMERICAN BUSINESS OWNERS.
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