Civic Intelligence

Somosvc

990 • Fiscal year 2022 • EIN 86-3684224

Oct 01, 2021 to Sep 30, 2022 • Filed on May 12, 2023

Organization ProfileLATINXVCS.COM
3277 S White Road 900San Jose, CA 95148

(626) 552-8469

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$556,251

Down $29,725 (-5.1%) from 2021

Net Assets

Down

$546,517

Down $39,371 (-6.7%) from 2021

Liabilities

Up

$9,734

Up $9,646 (+10961%) from 2021

Revenue And Expenses

Revenue

Down

$59,829

Down $540,171 (-90%) from 2021

Expenses

Up

$99,200

Up $85,088 (+603%) from 2021

Net Income

Down

-$39,371

Down $625,259 (-107%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2021: $585,976Liabilities 2021: $88Net Assets 2021: $585,8882021Assets 2022: $583,415Liabilities 2022: $5,275Net Assets 2022: $578,1402022Assets 2022: $556,251Liabilities 2022: $9,734Net Assets 2022: $546,5172022Assets 2024: $333,258Liabilities 2024: $51,170Net Assets 2024: $282,0882024

Highlighted filing

2022

Assets$556,251
Liabilities$9,734
Net Assets$546,517
Open 2022 Filing

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2021: $600,000Expenses 2021: $14,112Net Income 2021: $585,8882021Revenue 2022: $152,141Expenses 2022: $120,518Net Income 2022: $31,6232022Revenue 2022: $59,829Expenses 2022: $99,200Net Income 2022: -$39,3712022Revenue 2024: $494,492Expenses 2024: $577,117Net Income 2024: -$82,6252024

Highlighted filing

2022

Revenue$59,829
Expenses$99,200
Net Income-$39,371
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
May 12, 2023
Return Version
2021v4.2
Gross Receipts
$59,829
Mission and Program Overview

Mission

We aim to increase the representation of latino and latina ("latinx") professionals in venture capital, help latinx venture investors build their careers and networks, and improve access to capital for latinx-led venture firms.

Increase the representation of latinx professionals in venture capital, help latinx venture investors build their careers and networks, and improve access to capital for latinx-led venture firms. When venture investors are empowered to show up as their authentic selves, the flow of capital from limited partners to venture capitalists and ultimately to startup founders becomes more diversified impactful, and representative of u.s. Demographics.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$45,976$313,751▲ $267,775
Accounts Receivable$540,000$242,500▼ $297,500
Total Assets$585,976$556,251▼ $29,725
Liabilities
Accounts Payable and Accrued Expenses$88$9,734▲ $9,646
Total Liabilities$88$9,734▲ $9,646
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$585,888$321,517▼ $264,371
Net Assets With Donor Restrictions$0$225,000▲ $225,000
Total Net Assets Fund Balance$585,888$546,517▼ $39,371
Total Liabilities and Net Assets / Fund Balance$585,976$556,251▼ $29,725
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rami ReyesPresident
Al GuerreroDirector
Carmen PalafoxDirector
Jacob MullinsDirector
Jomayra HerreraDirector
Juan-pablo MasDirector
Lisette TellezDirector
Marjorie LopezDirector
Noramay CadenaDirector
Vanessa LarcoDirector
Mariela SalasExecutive Director/secretary
Maria SalamancaSecretary
Hector RamosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$52,500
Program Service Revenue
$7,329
Investment Income
$0
Other Revenue
$0
All Other Contributions
$52,500
Change in Net Assets
$-39,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$59,238
Salaries, Compensation, and Employee Benefits$39,962
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$40,365--$40,365
Current Officers, Directors, Trustees, and Key Employees$18,732$18,732-$37,464
Fees for Services Other$3,120$3,771-$6,891
Fees for Services Legal-$3,647-$3,647
Information Technology$1,831$1,544-$3,375
Fees for Services Accounting-$2,938-$2,938
Payroll Taxes$1,249$1,249-$2,498
Insurance-$800-$800
Office Expenses-$626-$626
Travel$596--$596
Total Functional Expenses$65,893$33,307$0$99,200
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 8B

“The organization does not have any committees with authority to act on behalf of the governing body.”

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

“The executive director, president, and treasurer will review the form 990 before it is filed with the irs.”

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

“All officers and directors are required to sign a conflict of interest policy statement on an annual basis. In connection with any actual or possible reported conflict of interest, an interested person must disclose the existence of the interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing body delegated powers. After disclosure of the interest and all material facts, the interested person shall leave the governing body or committee meeting while the determination of a conflict of interest is discussed and voted upon by the remaining directors or committee members. The governing body or designated committee conducts periodic reviews to ensure that the organization does not engage in activities that could jeopardize its tax-exempt status. A conflicted member is prohibited from participating in that deliberation and decision.”

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

“The executive director's salary was determined by the board of directors based on public records for comparable roles at other nonprofits in addition to a standard budget to salary ratio. This process was last undertaken in 2022.”

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
Latinxvc
EIN
86-3684224
Phone
6265528469
Address
3277 S WHITE ROAD 900, SAN JOSE, CA 95148

Signing Officer

Name
Mariela Salas
Title
Executive Director/secretary
Phone
6265528469
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mariela Salas
Formed
2021
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
12
Employees
0
Volunteers
25

Preparer

Firm
Wegner Cpas Llp
Address
230 PARK AVE FL 3, NEW YORK, NY 10169-0005
Preparer
Yigit Uctum CPA
Phone
2125511724
Raw XML Appendix385 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/BOYAmt088
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt09734
IRS990/AccountsReceivableGrp/BOYAmt0540000
IRS990/AccountsReceivableGrp/EOYAmt0242500
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0INCREASE THE REPRESENTATION OF LATINX PROFESSIONALS IN VENTURE CAPITAL, HELP LATINX VENTURE INVESTORS BUILD THEIR CAREERS AND NETWORKS, AND IMPROVE ACCESS TO CAPITAL FOR LATINX-LED VENTURE FIRMS. WHEN VENTURE INVESTORS ARE EMPOWERED TO SHOW UP AS THEIR AUTHENTIC SELVES, THE FLOW OF CAPITAL FROM LIMITED PARTNERS TO VENTURE CAPITALISTS AND ULTIMATELY TO STARTUP FOUNDERS BECOMES MORE DIVERSIFIED IMPACTFUL, AND REPRESENTATIVE OF U.S. DEMOGRAPHICS.
IRS990/AllOtherContributionsAmt052500
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BDO
IRS990/BooksInCareOfDetail/PhoneNum02125761400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0600 THIRD AVE 3RD FL
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010016
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt045976
IRS990/CashNonInterestBearingGrp/EOYAmt0313751
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt018732
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt018732
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt037464
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt040365
IRS990/ConferencesMeetingsGrp/TotalAmt040365
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt052500
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt059238
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt07329
IRS990/CYRevenuesLessExpensesAmt0-39371
IRS990/CYSalariesCompEmpBnftPaidAmt039962
IRS990/CYTotalExpensesAmt099200
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt059829
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0LATINXVC HELD ITS INAUGURAL ANNUAL SUMMIT IN 2022, A MARQUEE EVENT THAT BROUGH TOGETHER OVER 100 INVESTORS FOR EDUCATION, NETWORKING, AND PROFESSIONAL DEVELOPMENT. LOCAL EVENTS WERE HELD TO BRING INVESTORS TOGETHER FOR SMALLER GET-TOGETHERS IN KEY MARKETS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0225000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt065893
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02938
IRS990/FeesForServicesAccountingGrp/TotalAmt02938
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03647
IRS990/FeesForServicesLegalGrp/TotalAmt03647
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03771
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt03120
IRS990/FeesForServicesOtherGrp/TotalAmt06891
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0MARIELA SALAS
IRS990/Form990PartVIISectionAGrp/PersonNm1RAMI REYES
IRS990/Form990PartVIISectionAGrp/PersonNm2MARIA SALAMANCA
IRS990/Form990PartVIISectionAGrp/PersonNm3HECTOR RAMOS
IRS990/Form990PartVIISectionAGrp/PersonNm4LISETTE TELLEZ
IRS990/Form990PartVIISectionAGrp/PersonNm5VANESSA LARCO
IRS990/Form990PartVIISectionAGrp/PersonNm6JACOB MULLINS
IRS990/Form990PartVIISectionAGrp/PersonNm7MARJORIE LOPEZ
IRS990/Form990PartVIISectionAGrp/PersonNm8AL GUERRERO
IRS990/Form990PartVIISectionAGrp/PersonNm9JOMAYRA HERRERA
IRS990/Form990PartVIISectionAGrp/PersonNm10NORAMAY CADENA
IRS990/Form990PartVIISectionAGrp/PersonNm11JUAN-PABLO MAS
IRS990/Form990PartVIISectionAGrp/PersonNm12CARMEN PALAFOX
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02021
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt059829
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01544
IRS990/InformationTechnologyGrp/ProgramServicesAmt01831
IRS990/InformationTechnologyGrp/TotalAmt03375
IRS990/InsuranceGrp/ManagementAndGeneralAmt0800
IRS990/InsuranceGrp/TotalAmt0800
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WE AIM TO INCREASE THE REPRESENTATION OF LATINO AND LATINA ("LATINX") PROFESSIONALS IN VENTURE CAPITAL, HELP LATINX VENTURE INVESTORS BUILD THEIR CAREERS AND NETWORKS, AND IMPROVE ACCESS TO CAPITAL FOR LATINX-LED VENTURE FIRMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0585888
IRS990/NetAssetsOrFundBalancesEOYAmt0546517
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0585888
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0321517
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0626
IRS990/OfficeExpensesGrp/TotalAmt0626
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01249
IRS990/PayrollTaxesGrp/ProgramServicesAmt01249
IRS990/PayrollTaxesGrp/TotalAmt02498
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARIELA SALAS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07329
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07329
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0600000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt010567
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0585888
IRS990/PYSalariesCompEmpBnftPaidAmt03545
IRS990/PYTotalExpensesAmt014112
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0600000
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-39371
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07329
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE 2020 COLUMN ON SCHEDULE A, PART II REPRESENTS THE SHORT TAX YEAR BEGINNING MARCH 1, 2021 AND ENDING SEPTEMBER 30, 2021.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt052500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0600000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0652500
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07329
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt043600
IRS990ScheduleA/SubstantialContributorsTotAmt0608900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt052500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0600000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0652500
IRS990ScheduleA/TotalSupportAmt0652500
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
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR, PRESIDENT, AND TREASURER WILL REVIEW THE FORM 990 BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS AND DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY STATEMENT ON AN ANNUAL BASIS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE REPORTED CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BODY DELEGATED POWERS. AFTER DISCLOSURE OF THE INTEREST AND ALL MATERIAL FACTS, THE INTERESTED PERSON SHALL LEAVE THE GOVERNING BODY OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON BY THE REMAINING DIRECTORS OR COMMITTEE MEMBERS. THE GOVERNING BODY OR DESIGNATED COMMITTEE CONDUCTS PERIODIC REVIEWS TO ENSURE THAT THE ORGANIZATION DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS. A CONFLICTED MEMBER IS PROHIBITED FROM PARTICIPATING IN THAT DELIBERATION AND DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR'S SALARY WAS DETERMINED BY THE BOARD OF DIRECTORS BASED ON PUBLIC RECORDS FOR COMPARABLE ROLES AT OTHER NONPROFITS IN ADDITION TO A STANDARD BUDGET TO SALARY RATIO. THIS PROCESS WAS LAST UNDERTAKEN IN 2022.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
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
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0585976
IRS990/TotalAssetsEOYAmt0556251
IRS990/TotalAssetsGrp/BOYAmt0585976
IRS990/TotalAssetsGrp/EOYAmt0556251
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt052500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt033307
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt065893
IRS990/TotalFunctionalExpensesGrp/TotalAmt099200
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt088
IRS990/TotalLiabilitiesEOYAmt09734
IRS990/TotalLiabilitiesGrp/BOYAmt088
IRS990/TotalLiabilitiesGrp/EOYAmt09734
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0585888
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0546517
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt065893
IRS990/TotalProgramServiceRevenueAmt07329
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07329
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt059829
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0585976
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0556251
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0596
IRS990/TravelGrp/TotalAmt0596
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03277 S WHITE ROAD 900
IRS990/USAddress/CityNm0SAN JOSE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095148
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0LATINXVCS.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARIELA SALAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum06265528469
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LATINXVC
ReturnHeader/Filer/BusinessNameControlTxt0LATI
ReturnHeader/Filer/EIN0863684224
ReturnHeader/Filer/PhoneNum06265528469
ReturnHeader/Filer/USAddress/AddressLine1Txt03277 S WHITE ROAD 900
ReturnHeader/Filer/USAddress/CityNm0SAN JOSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095148
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390974031
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEGNER CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0230 PARK AVE FL 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0101690005
ReturnHeader/PreparerPersonGrp/PhoneNum02125511724
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0YIGIT UCTUM CPA
ReturnHeader/ReturnTs02023-05-12T16:51:03-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARIELA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SALAS
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$556,251
Liabilities
$9,734
Net assets
$546,517
Revenue
$59,829
Expenses
$99,200
Net income
-$39,371
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.33$0.51$2.82$4.94$5.77$0.83
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.83$0.05$5.78$1.52$1.21$0.32
2022Detailed filing. Detailed filing data is available for this year.$5.56$0.10$5.47$0.60$0.99$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.86$0.00$5.86$6.00$0.14$5.86