Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 34.3% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
Assets
Down$480,127
Down $103,288 (-18%) from 2022
Net Assets
Down$364,713
Down $213,427 (-37%) from 2022
Liabilities
Up$115,414
Up $110,139 (+2088%) from 2022
Revenue
Up$509,844
Up $357,703 (+235%) from 2022
Expenses
Up$723,271
Up $602,753 (+500%) from 2022
Net Income
Down-$213,427
Down $245,050 (-775%) from 2022
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $333,415 | $379,758 | ▲ $46,343 |
| Accounts Receivable | $250,000 | $100,369 | ▼ $149,631 |
| Total Assets | $583,415 | $480,127 | ▼ $103,288 |
| Liabilities | |||
| Deferred Revenue | $0 | $65,000 | ▲ $65,000 |
| Accounts Payable and Accrued Expenses | $5,275 | $50,414 | ▲ $45,139 |
| Total Liabilities | $5,275 | $115,414 | ▲ $110,139 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $353,140 | $364,713 | ▲ $11,573 |
| Net Assets With Donor Restrictions | $225,000 | $0 | ▼ $225,000 |
| Total Net Assets Fund Balance | $578,140 | $364,713 | ▼ $213,427 |
| Total Liabilities and Net Assets / Fund Balance | $583,415 | $480,127 | ▼ $103,288 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Mariela Salas | Executive Director/secretary | FT | $121,631 | $53,167 | $174,798 |
| Name | Title |
|---|---|
| Rami Reyes | President |
| Maria Salamanca | Vice President |
| Al Guerrero | Director |
| Ashley Ramirez Balla | Director |
| Jomayra Herrera | Director |
| Lisette Tellez | Director |
| Marjorie Lopez | Director |
| Nicole Detommaso | Director |
| Samuel Garcia | Director |
| Sergio Monsalve | Director |
| Vanessa Larco | Director |
| Alan Arturo Day | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $432,855 |
| Salaries, Compensation, and Employee Benefits | $290,416 |
| Total Fundraising Expense | $32,661 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $131,098 | $26,220 | $17,480 | $174,798 |
| Other Salaries and Wages | $69,695 | $13,939 | $9,293 | $92,927 |
| Fees for Services Other | $52,348 | - | - | $52,348 |
| Travel | $41,080 | - | - | $41,080 |
| Fees for Services Accounting | - | $32,563 | - | $32,563 |
| Payroll Taxes | $13,434 | $2,687 | $1,791 | $17,912 |
| Information Technology | $10,938 | - | $1,352 | $12,290 |
| Office Expenses | $5,983 | $75 | $1,414 | $7,472 |
| Advertising | $4,210 | - | $520 | $4,730 |
| Occupancy | $2,496 | $499 | $333 | $3,328 |
| Other Employee Benefits | $2,261 | $452 | $301 | $3,014 |
| Pension Plan Contributions | $1,324 | $264 | $177 | $1,765 |
| Other Expenses | $276,732 | $1,234 | - | $1,234 |
| Insurance | - | $1,078 | - | $1,078 |
| Total Functional Expenses | $611,599 | $79,011 | $32,661 | $723,271 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The organization does not have any committees with authority to act on behalf of the governing body.”
“The executive director, president, and treasurer will review the form 990 before it is filed with the irs.”
“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.”
“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.”
“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 5275 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 50414 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 250000 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 100369 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 520 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 4210 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 4730 |
| IRS990/AllOtherContributionsAmt | 0 | 477010 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | BDO FMA |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2125761400 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 600 THIRD AVE 3RD FL |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10016 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 333415 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 379758 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 17480 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 26220 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 131098 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 174798 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 477010 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 432855 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 32834 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -213427 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 290416 |
| IRS990/CYTotalExpensesAmt | 0 | 723271 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 32661 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 509844 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 65000 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | DURING THE TAX YEAR, THE ORGANIZATION HAD A FELLOWSHIP PROGRAM PROVIDING FREE LECTURES TO LATINX PROFESSIONALS INTERESTED IN ENTERING THE VENTURE CAPITAL INDUSTRY AND A MENTORSHIP PROGRAM CONNECTING JUNIOR LATINX VENTURE PROFESSIONALS WITH SENIOR VENTURE PROFESSIONALS FOR MENTORSHIP. THE ORGANIZATION ALSO HAD A REGULAR NEWSLETTER, PRIVATE TWITTER FORUM, AND SLACK GROUPS FOCUSED ON INFORMING PROFESSIONALS ABOUT JOB OPPORTUNITIES IN VENTURE CAPITAL AND OTHER PROFESSIONAL DEVELOPMENT OPPORTUNITIES, WITH A FOCUS ON LATINX PROFESSIONALS, AN EVENT FOR LATINX EMERGING MANAGERS TO SHARE BEST FUNDRAISING PRACTICES, EDUCATIONAL VIRTUAL PROGRAMMING EVENTS, AND INDUSTRY SPECIFIC EDUCATIONAL PANELS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 225000 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 611599 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 32563 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 32563 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 52348 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 52348 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 22672 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MARIELA SALAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | RAMI REYES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MARIA SALAMANCA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ALAN ARTURO DAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | VANESSA LARCO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LISETTE TELLEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MARJORIE LOPEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | AL GUERRERO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JOMAYRA HERRERA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | ASHLEY RAMIREZ BALLA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | NICOLE DETOMMASO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | SAMUEL GARCIA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | SERGIO MONSALVE |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 152126 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR/SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 2021 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 13 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 509844 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 12 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 1352 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 10938 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 12290 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1078 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1078 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 578140 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 364713 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 353140 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 364713 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 333 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 499 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 2496 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 3328 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 1414 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 75 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 5983 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 7472 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 301 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 452 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 2261 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 3014 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROGRAM EVENTS |
| IRS990/OtherExpensesGrp/Desc | 1 | MEMBERSHIP AND DUES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1234 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 276732 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 276732 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1234 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 9293 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 13939 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 69695 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 92927 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 1791 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2687 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 13434 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 17912 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 177 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 264 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 1324 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 1765 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | MARIELA SALAS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROGRAM SERVICE REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 32834 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 32834 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 140000 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 73248 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 12141 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 31623 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 47270 |
| IRS990/PYTotalExpensesAmt | 0 | 120518 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 152141 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -213427 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 32834 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE 2020 COLUMN ON SCHEDULE A, PART II REPRESENTS THE SHORT TAX YEAR BEGINNING MARCH 1, 2021 AND ENDING SEPTEMBER 30, 2021. THE 2022 COLUMN ON SCHEDULE A, PART II REPRESENTS THE SHORT TAX YEAR BEGINNING OCTOBER 1, 2022 AND ENDING DECEMBER 31, 2022. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, SHORT YEAR EXPLANATION: |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 140000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 52500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 600000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1269510 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 52304 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 327630 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 941880 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 477010 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 140000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 52500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 600000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1269510 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1269510 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 121631 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 30495 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 6000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 16672 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | MARIELA SALAS |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR/SECRETARY |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 174798 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE EXECUTIVE DIRECTOR, PRESIDENT, AND TREASURER WILL REVIEW THE FORM 990 BEFORE IT IS FILED WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 583415 |
| IRS990/TotalAssetsEOYAmt | 0 | 480127 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 583415 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 480127 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalContributionsAmt | 0 | 477010 |
| IRS990/TotalEmployeeCnt | 0 | 2 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 32661 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 79011 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 611599 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 723271 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 5275 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 115414 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 5275 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 115414 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 578140 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 364713 |
| IRS990/TotalOtherCompensationAmt | 0 | 22672 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 611599 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 32834 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 152126 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 32834 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 509844 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 25 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 583415 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 480127 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 41080 |
| IRS990/TravelGrp/TotalAmt | 0 | 41080 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.