Civic Intelligence

Latinolead Inc

990 • Fiscal year 2020 • EIN 83-2767239

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 20, 2021

797 E 7th Street No 151St Paul, MN 55106

(612) 568-3527

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

70th percentile

0.04x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

81st percentile

34%

Higher net margin than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

97th percentile

$79,226

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 31.8% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

70th percentile

25%

Faster asset growth than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

80%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$471,842

Up $94,806 (+25%) from 2019

Net Assets

Up

$461,490

Up $84,454 (+22%) from 2019

Liabilities

Up

$10,352

Up $10,352 from 2019

Revenue

Up

$248,772

Up $110,487 (+80%) from 2019

Expenses

Up

$164,318

Up $109,678 (+201%) from 2019

Net Income

Up

$84,454

Up $809 (+1.0%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2019: $377,036Liabilities 2019: $0Net Assets 2019: $377,0362019Assets 2020: $471,842Liabilities 2020: $10,352Net Assets 2020: $461,4902020Assets 2021: $543,867Liabilities 2021: $26,465Net Assets 2021: $517,4022021

Highlighted filing

2020

Assets$471,842
Liabilities$10,352
Net Assets$461,490

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0Revenue 2019: $138,285Expenses 2019: $54,640Net Income 2019: $83,6452019Revenue 2020: $248,772Expenses 2020: $164,318Net Income 2020: $84,4542020Revenue 2021: $480,808Expenses 2021: $424,896Net Income 2021: $55,9122021

Highlighted filing

2020

Revenue$248,772
Expenses$164,318
Net Income$84,454
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 20, 2021
Return Version
2020v4.1
Gross Receipts
$248,772
Mission and Program Overview

Mission

Latino leaders across all sectors join together to create innovative strategies to drive and define policies and perceptions that advance latino collective influence, success and power.

Creating innovative strategies that drive policies for advancement of latino influence and success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$377,036$461,490▲ $84,454
Cash and Non-Interest-Bearing Accounts$377,036$362,615▼ $14,421
Pledges and Grants Receivable$0$107,000▲ $107,000
Land, Buildings, and Equipment, Net$0$2,027▲ $2,027
Prepaid Expenses and Deferred Charges$0$200▲ $200
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$377,036$471,842▲ $94,806
Liabilities
Accounts Payable and Accrued Expenses$0$10,352▲ $10,352
Total Liabilities$0$10,352▲ $10,352
Net Assets / Fund Balance
Total Net Assets Fund Balance$377,036$461,490▲ $84,454
Total Liabilities and Net Assets / Fund Balance$377,036$471,842▲ $94,806

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,027$1,013$3,040
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Irma Marquez TraperoExecutive DirectorFT$79,226$79,226

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$246,959
Program Service Revenue
$0
Investment Income
$1,813
Other Revenue
$0
All Other Contributions
$246,959
Change in Net Assets
$84,454
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$84,032
Salaries, Compensation, and Employee Benefits$80,286
Total Fundraising Expense$33,366
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$26,585$37,450$15,191$79,226
Fees for Services Other$32,635$1,290$17,500$51,425
Fees for Services Accounting-$10,786-$10,786
Information Technology-$6,384-$6,384
Payroll Taxes$371$477$212$1,060
Depreciation Depletion-$1,013-$1,013
Travel$238$629-$867
Other Expenses$2,821$159$463$622
Advertising$615--$615
Occupancy-$600-$600
All Other Expenses-$525-$525
Office Expenses-$509-$509
Fees for Services Legal-$71-$71
Total Functional Expenses$69,876$61,076$33,366$164,318
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

The executive committee consists of the board chair, immediate past chair, vice chair, secretary, treasurer, executive director, and the chairs of all standing committees established by the board who are regular directors. The committee shall exercise the powers of the board in the interim between meetings of the board, with general power to discharge the duties of the board, except as such power from time to time may be limited by the board.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the filing is complete, it is provided electronically to the board for their feedback and review for a period of at least one week prior to filing.

Form 990, Part VI, Section B, Line 12C

7. Each insider shall disclose to the board all material facts regarding interest in the transaction in question promptly upon learning of facts. The board will determine if a conflict of interest exists. The board will then conduct a complete review of situation including questioning of insider, review of all material facts and gather comparability data to compare against the transaction at hand. After exercising due diligence, the board will determine if the transaction is in the best interests of the organization or if a better alternative is available.

Form 990, Part VI, Section B, Line 15A

Organization uses data from comparable organizations and calculate an average salary amount based upon their projected growth and size of organization. The board of directors determines compensation for employees based on nonprofit best practices and local average range for the roles of various employee positions. The finance committee then reviews and provides recommendations to the board of directors which ultimately approves the budget and salaries. This process will be documented in the minutes. The most recent compensation study was completed in 2020.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Latinolead Inc
EIN
83-2767239
Phone
6125683527
Address
797 E 7TH STREET NO 151, ST PAUL, MN 55106

Signing Officer

Name
Ambar Hanson
Title
Board Chair
Phone
6125683527
Signed
2021-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ambar Hanson
Formed
2019
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
100

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 S 6TH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Heidi Grinde
Phone
6123764500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other contractors: program service expenses 32,635. Management and general expenses 1,290. Fundraising expenses 17,500. Total expenses 51,425.

Raw XML Appendix400 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010352
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CREATING INNOVATIVE STRATEGIES THAT DRIVE POLICIES FOR ADVANCEMENT OF LATINO INFLUENCE AND SUCCESS.
IRS990/AdvertisingGrp/ProgramServicesAmt0615
IRS990/AdvertisingGrp/TotalAmt0615
IRS990/AllOtherContributionsAmt0246959
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0525
IRS990/AllOtherExpensesGrp/TotalAmt0525
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
IRS990/BooksInCareOfDetail/PhoneNum06123764500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0220 SOUTH SIXTH STREET SUITE 300
IRS990/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055402
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0377036
IRS990/CashNonInterestBearingGrp/EOYAmt0362615
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt015191
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt037450
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt026585
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt079226
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0246959
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01813
IRS990/CYOtherExpensesAmt084032
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt084454
IRS990/CYSalariesCompEmpBnftPaidAmt080286
IRS990/CYTotalExpensesAmt0164318
IRS990/CYTotalFundraisingExpenseAmt033366
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0248772
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01013
IRS990/DepreciationDepletionGrp/TotalAmt01013
IRS990/Desc0EVENTS AND CONVENINGS:AT OUR MONTHLY EVENTS, WE GATHER 100-150 PARTICIPANTS TO BUILD RELATIONSHIPS, INCREASE KNOWLEDGE ABOUT ISSUES RELEVANT TO OUR COMMUNITY, EXPAND OUR SOCIAL CAPITAL, AND BUILD COLLECTIVE POWER.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt037754
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010786
IRS990/FeesForServicesAccountingGrp/TotalAmt010786
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt071
IRS990/FeesForServicesLegalGrp/TotalAmt071
IRS990/FeesForServicesOtherGrp/FundraisingAmt017500
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01290
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt032635
IRS990/FeesForServicesOtherGrp/TotalAmt051425
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0IRMA MARQUEZ TRAPERO
IRS990/Form990PartVIISectionAGrp/PersonNm1AMBAR HANSON
IRS990/Form990PartVIISectionAGrp/PersonNm2ROLDOLFO RODRIGUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm3GINEY ROJAS
IRS990/Form990PartVIISectionAGrp/PersonNm4LUCIANO PATINO
IRS990/Form990PartVIISectionAGrp/PersonNm5ETZEL KERST
IRS990/Form990PartVIISectionAGrp/PersonNm6LAURA MIRANDA BOTTENFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm7MARINA PARISEAU
IRS990/Form990PartVIISectionAGrp/PersonNm8LUIS SALADO-HERRERA
IRS990/Form990PartVIISectionAGrp/PersonNm9MARC VALENCIA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt079226
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0248772
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06384
IRS990/InformationTechnologyGrp/TotalAmt06384
IRS990/InvestmentIncomeGrp/ExclusionAmt01813
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01813
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01013
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02027
IRS990/LandBldgEquipCostOrOtherBssAmt03040
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LATINO LEADERS ACROSS ALL SECTORS JOIN TOGETHER TO CREATE INNOVATIVE STRATEGIES TO DRIVE AND DEFINE POLICIES AND PERCEPTIONS THAT ADVANCE LATINO COLLECTIVE INFLUENCE, SUCCESS AND POWER.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0377036
IRS990/NetAssetsOrFundBalancesEOYAmt0461490
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0600
IRS990/OccupancyGrp/TotalAmt0600
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0509
IRS990/OfficeExpensesGrp/TotalAmt0509
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc1EVENT COSTS
IRS990/OtherExpensesGrp/Desc2BOARD EXPENSES
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/FundraisingAmt0463
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01183
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1159
IRS990/OtherExpensesGrp/ProgramServicesAmt06611
IRS990/OtherExpensesGrp/ProgramServicesAmt12821
IRS990/OtherExpensesGrp/TotalAmt06611
IRS990/OtherExpensesGrp/TotalAmt12821
IRS990/OtherExpensesGrp/TotalAmt21183
IRS990/OtherExpensesGrp/TotalAmt3622
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0212
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0477
IRS990/PayrollTaxesGrp/ProgramServicesAmt0371
IRS990/PayrollTaxesGrp/TotalAmt01060
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0107000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0200
IRS990/PrincipalOfficerNm0AMBAR HANSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY PRIORITIES:LATINOLEAD'S ACTION TEAMS ADDRESS THE MOST URGENT ISSUES IDENTIFIED BY OUR COMMUNITY, WHICH ARE: 1) LEADERSHIP DEVELOPMENT; 2) EDUCATION ACCESS; 3) LATINX NARRATIVE BUILDING; AND 4) GREATER MINNESOTA.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt032122
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0135083
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03202
IRS990/PYOtherExpensesAmt054640
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt083645
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt054640
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0138285
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt084454
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0377036
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0461490
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0246959
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0135083
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0382042
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01813
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03202
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05015
IRS990ScheduleA/PublicSupportTotal170Amt047723
IRS990ScheduleA/SubstantialContributorsTotAmt0334319
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0246959
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0135083
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0382042
IRS990ScheduleA/TotalSupportAmt0387057
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt02027
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01013
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03040
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02027
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR, IMMEDIATE PAST CHAIR, VICE CHAIR, SECRETARY, TREASURER, EXECUTIVE DIRECTOR, AND THE CHAIRS OF ALL STANDING COMMITTEES ESTABLISHED BY THE BOARD WHO ARE REGULAR DIRECTORS. THE COMMITTEE SHALL EXERCISE THE POWERS OF THE BOARD IN THE INTERIM BETWEEN MEETINGS OF THE BOARD, WITH GENERAL POWER TO DISCHARGE THE DUTIES OF THE BOARD, EXCEPT AS SUCH POWER FROM TIME TO TIME MAY BE LIMITED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE FILING IS COMPLETE, IT IS PROVIDED ELECTRONICALLY TO THE BOARD FOR THEIR FEEDBACK AND REVIEW FOR A PERIOD OF AT LEAST ONE WEEK PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27. EACH INSIDER SHALL DISCLOSE TO THE BOARD ALL MATERIAL FACTS REGARDING INTEREST IN THE TRANSACTION IN QUESTION PROMPTLY UPON LEARNING OF FACTS. THE BOARD WILL DETERMINE IF A CONFLICT OF INTEREST EXISTS. THE BOARD WILL THEN CONDUCT A COMPLETE REVIEW OF SITUATION INCLUDING QUESTIONING OF INSIDER, REVIEW OF ALL MATERIAL FACTS AND GATHER COMPARABILITY DATA TO COMPARE AGAINST THE TRANSACTION AT HAND. AFTER EXERCISING DUE DILIGENCE, THE BOARD WILL DETERMINE IF THE TRANSACTION IS IN THE BEST INTERESTS OF THE ORGANIZATION OR IF A BETTER ALTERNATIVE IS AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION USES DATA FROM COMPARABLE ORGANIZATIONS AND CALCULATE AN AVERAGE SALARY AMOUNT BASED UPON THEIR PROJECTED GROWTH AND SIZE OF ORGANIZATION. THE BOARD OF DIRECTORS DETERMINES COMPENSATION FOR EMPLOYEES BASED ON NONPROFIT BEST PRACTICES AND LOCAL AVERAGE RANGE FOR THE ROLES OF VARIOUS EMPLOYEE POSITIONS. THE FINANCE COMMITTEE THEN REVIEWS AND PROVIDES RECOMMENDATIONS TO THE BOARD OF DIRECTORS WHICH ULTIMATELY APPROVES THE BUDGET AND SALARIES. THIS PROCESS WILL BE DOCUMENTED IN THE MINUTES. THE MOST RECENT COMPENSATION STUDY WAS COMPLETED IN 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER CONTRACTORS: PROGRAM SERVICE EXPENSES 32,635. MANAGEMENT AND GENERAL EXPENSES 1,290. FUNDRAISING EXPENSES 17,500. TOTAL EXPENSES 51,425.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0377036
IRS990/TotalAssetsEOYAmt0471842
IRS990/TotalAssetsGrp/BOYAmt0377036
IRS990/TotalAssetsGrp/EOYAmt0471842
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0246959
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt033366
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt061076
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt069876
IRS990/TotalFunctionalExpensesGrp/TotalAmt0164318
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt010352
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt010352
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0377036
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0461490
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt069876
IRS990/TotalReportableCompFromOrgAmt079226
IRS990/TotalRevenueGrp/ExclusionAmt01813
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0248772
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0377036
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0471842
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0629
IRS990/TravelGrp/ProgramServicesAmt0238
IRS990/TravelGrp/TotalAmt0867
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0797 E 7TH STREET NO 151
IRS990/USAddress/CityNm0ST PAUL
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055106
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0HTTPS://LATINOLEADMN.ORG/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AMBAR HANSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum06125683527
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LATINOLEAD INC
ReturnHeader/Filer/BusinessNameControlTxt0LATI
ReturnHeader/Filer/EIN0832767239
ReturnHeader/Filer/PhoneNum06125683527
ReturnHeader/Filer/USAddress/AddressLine1Txt0797 E 7TH STREET NO 151
ReturnHeader/Filer/USAddress/CityNm0ST PAUL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055106
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0220 S 6TH STREET SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055402
ReturnHeader/PreparerPersonGrp/PhoneNum06123764500
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEIDI GRINDE
ReturnHeader/ReturnTs02021-10-21T06:24:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0AMBAR
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HANSON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings