Latin Gala Charities is located in Wichita Falls, TX. The organization was established in 2008. According to its NTEE Classification (Q33) the organization is classified as: International Relief, 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 Gala Charities 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 12/2018, Latin Gala Charities generated $25.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.5%) each year. All expenses for the organization totaled $82.1k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FINANCIAL SUPPORT TO CHARITABLE ORGANIZATIONS PRIMARILY IN NICARAGUA, EL SALVADOR, AND COLOMBIA, IN ADDITION TO THE USA. WE SPECIFICALLY AID ORGANIZATIONS THAT HELP BETTER THE HEALTH AND EDUCATION OF CHILDREN, THOSE THAT SERVE HOMELESS OR ORPHANED CHILDREN, AS WELL AS THE FORGOTTEN ELDERLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Martha Picado-Seegers President | 1 | $0 | |
Claudia Ruiz Secretary | 1 | $0 | |
Iliana Jaramillo Treasurer | 1 | $0 | |
Sara Picado-Green Vice President | 1 | $0 | |
Andrea Powers Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,088 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,605 |
Other Revenue | $0 |
Total Revenue | $25,693 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $225 |
Other expenses | $344 |
Total expenses | $82,109 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $108,717 |
Other assets | $0 |
Total assets | $111,022 |
Total liabilities | $287 |
Net assets or fund balances | $110,735 |
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