Latino Public Radio
- Assets
- $45.6k
- Revenue
- $254.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Cranston, RI
- Founding
- 11/2007
- Data as of
- 12/2021
- EIN
- 20-5823948
Organization Overview
Latino Public Radio is located in Cranston, RI. The organization was established in 2007. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latino Public Radio is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Latino Public Radio generated $254.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $246.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE LATINO PUBLIC RADIO PROVIDES INFORMATION WHICH IS EDUCATIONAL, CULTURAL, CIVIC, POLITICAL, SOCIAL AND SIMILARLY RELATED SUBJECTS THROUGH THE AIRWAVES FOR THE LATIN AMERICAN COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DOES OUTREACH IN SPANISH, ENGLISH AND CREOLE IN REGARDS OF COVID-19 AND GETTING VACCINATION AND BOOSTERS, STAYING SAFE, RECOGNIZING SYMPTOMS AND DISCUSSING MENTAL HEALTH ISSUES. OUTREACH IS DONE ON COVID-19 VAACINATION CLINICS, RESOURCES AND INFORMATION. THE ORGANIZATION PROVIDES COVID-19 NEWS AND INFORMATION FOR FAMILIES IN RI, ESPECIALLY FOR THE MOST VULNERABLE COMMUNITIES, PEOPLE OF COLOR.
THE ORGANIZATION PROMOTES BIPOC EXCELLENCE, AS AN EQUITABLE AND UNBIASED INFORMATION SOURCE AND A SUPPORT STRUCTURE FOR THE MINORITY OWNED SMALL BUSINESS ECONOMY IN RI.
THE ORGANIZATION PROVIDES THE LATINO COMMUNITY WITH INTERNET RADIO. THIS PROGRAMMING PROVIDES EDUCATIONAL, CULTURAL, CIVIC, POLITICAL AND SOCIAL INFORMATION TO SAID COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reynaldo Almointe CEO General Manager | Officer | 30 | $0 |
Nancy Alejo Board Member | Trustee | 1 | $0 |
Maxima Mendez Director | Trustee | 1 | $0 |
Monica Chanco Director | Trustee | 1 | $0 |
Victor Duran Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,676 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $213,257 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $231,933 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $254,433 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $315 |
| Fees for services: Accounting | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,477 |
| Advertising and promotion | $468 |
| Office expenses | $43,327 |
| Information technology | $4,601 |
| Royalties | $0 |
| Occupancy | $30,804 |
| Travel | $27,326 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,220 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,177 |
| All other expenses | $1,886 |
| Total functional expenses | $246,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,744 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,818 |
| Total assets | $45,562 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $44,555 |
| Total liabilities | $44,555 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,007 |
| Total liabilities and net assets/fund balances | $45,562 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Latino Public Radio has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
The Champlin Foundation Pittsburgh, PA PURPOSE: EQUIPMENT FOR REMOTE VIDEO NEWS REPORTING | $25,000 |
Amica Companies Foundation Lincoln, RI PURPOSE: GENERAL PURPOSE | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Prx Incorporated Cambridge, MA | $8,096,809 | $28,163,889 |
American Radio Relay League Inc Newington, CT | $43,746,662 | $15,484,740 |
New England Public Media Inc Springfield, MA | $13,528,339 | $7,013,590 |
Fm Global Foundation Johnston, RI | $37,635,282 | $30,490,175 |
Radio Drama Network Inc Stamford, CT | $12,623,198 | $753,352 |
Connecticut Radio Fellowship Incorporated Middletown, CT | $1,908,591 | $639,821 |
Wicn Public Radio Inc Worcester, MA | $494,959 | $537,454 |
Lower Cape Communications Inc Provincetown, MA | $1,201,910 | $610,525 |
Wakefield Community Access Television Inc Wakefield, MA | $720,152 | $432,072 |
Open Source Media Inc Cambridge, MA | $148,120 | $420,760 |
Atlantic Public Media Inc Woods Hole, MA | $753,940 | $354,366 |
Latino Public Radio Cranston, RI | $45,562 | $254,433 |