Latin American And Caribbean Network For Democracy Inc
- Assets
- $79.4k
- Revenue
- $350.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Wayland, MA
- Founding
- 03/2011
- Data as of
- 12/2023
- EIN
- 26-3636655
Organization Overview
Latin American And Caribbean Network For Democracy Inc is located in Wayland, MA. The organization was established in 2011. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latin American And Caribbean Network For Democracy Inc 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 12/2023, Latin American And Caribbean Network For Democracy Inc generated $350.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $314.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.9%) per year over the past 5 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE, EDUCATIONAL, AND CIVIC ACTIVITIES TO PROMOTE DEMOCRACY, HUMAN RIGHTS, AND GOVERNANCE IN LATIN AMERICAN AND CARIBBEAN COUNTRIES AND ENGAGEMENT WITH UNIVERSAL VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY OF DEMOCRACY: REDLAD LEADS THE CIVIL SOCIETY PILLAR OF THE COMMUNITY OF DEMOCRACIES, COORDINATING THE CREATION OF CITIZEN AGENDAS AND THE PARTICIPATION OF CIVIL SOCIETY REPRESENTATIVES IN HIGH LEVEL EVENTS. WE ALSO LED THE REPORTING PROCESS FOR THE RENEWAL OF FIVE COUNTRIES, ENSURING THE CIVIL SOCIETY VOICE IS HEARD.
CIVICUS-REDLAD ACTS AS THE MAIN RESEARCHER OF THE CIVICUS MONITOR FOR 11 COUNTRIES IN LATIN AMERICA. WE COLLECT INFORMATION ABOUT CIVIC SPACE (FREEDOM OF ASSOCIATION, ASSEMBLY, EXPRESSION) AND REPORT FOR THE CREATION OF A WORLD WIDE LIFE REPORT. IN 2023 WE ALSO HELPED TO COORDINATE THE GLOBAL MEETING OF RESEARCHERS THAT WAS HELD IN BOGOTA,IN AUGUST AND WAS A SUCCESS. WE GUARANTEE THE QUALITY OF THE GLOBAL REPORT BY SENDING HIGH STANDARD LOCAL REPORTS.
ACCOUNTABILITY LAB-LOGISTIC SUPPORT FOR THE IMPLEMENTATION OF AN ACTIVITY NAMED 'HACKATON CORRUPTION', IN WHICH YOUTH FROM 7 COUNTRIES RECEIVED TRAINING AND SUPPORT FOR THE DESIGN AND IMPLEMENTATION OF INITIATIVES THAT USED DIGITAL TOOLS TO COMBAT CORRUPTION. REDLAD'S SUPPORT WAS CRUTIAL FOR THE PROJECT'S DEVELOPMENT AND THE IMPACT THE YOUTH PROJECTS WILL HAVE IN THEIR COUNTRIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Enrique A DE Obarrio DE La Guardia President | OfficerTrustee | 3 | $0 |
Micaela Hierro Treasurer | Officer | 3 | $0 |
Natasha Jimenez Mata Clerk | Trustee | 3 | $0 |
Mercedes Freitas Coordinator | Trustee | 3 | $0 |
Patricia G Gavez Zaldumbide Assistant Clerk | Trustee | 3 | $0 |
Yimene Calderon Coordinator | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $334,579 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,141 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $350,720 |
| 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 | $350,720 |
| 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 | $13,834 |
| 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 | $20,769 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $175 |
| Information technology | $2,779 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $126,927 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $117,812 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $434 |
| Insurance | $0 |
| All other expenses | $14,631 |
| Total functional expenses | $314,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,430 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,540 |
| 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 | $434 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $79,404 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $79,404 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $79,404 |