Latinos In Transit

Organization Overview

Latinos In Transit is located in Covina, CA. The organization was established in 2016. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Latinos In Transit employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latinos In Transit 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, Latinos In Transit generated $253.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.5% each year . All expenses for the organization totaled $186.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

LATINOS IN TRANSIT (LIT) WAS FORMED IN 2016 AND IT'S MISSION IS TO ADVOCATE FOR LATINOS AND OTHER MINORITIES IN THE PUBLIC TRANSIT INDUSTRY TO BE PROMOTED TO CHIEF LEVEL POSITIONS. MINORITIES MAKE THE LARGEST USERS OF PUBLIC TRANSIT, YET, THE C-LEVEL POSITIONS ARE NOT REFLECTIVE OF THIS. LIT ADVOCATES AND PROVIDES A PLATFORM TO ENGAGE LATINOS TO NETWORK AND OBTAIN PROFESSIONAL DEVELOPMENT AND MENTORING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LATINOS IN TRANSIT (LIT) WAS FORMED IN 2016 AND IT'S MISSION IS TO ADVOCATE FOR LATINOS AND OTHER MINORITIES IN THE PUBLIC TRANSIT INDUSTRY TO BE PROMOTED TO CHIEF LEVEL POSITIONS. MINORITIES MAKE THE LARGEST USERS OF PUBLIC TRANSIT, YET, THE C-LEVEL POSITIONS ARE NOT REFLECTIVE OF THIS. LIT ADVOCATES AND PROVIDES A PLATFORM TO ENGAGE LATINOS TO NETWORK AND OBTAIN PROFESSIONAL DEVELOPMENT. LIT PROVIDES A VIRTUAL SETTING WITH MONTHLY PROGRAMS CALLED "CAFE CON LIT AND AN ANNUAL VIRTUAL SYMPOSIUM FOR HISPANIC HERITAGE MONTH.


NETWORKING EVENTS


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Board, Officers & Key Employees

Name (title)Compensation
Alva Carrasco
President
$0
Herold Humphrey
Vice President
$0
Eugenio Bonet
Treasurer
$0
Elizabeth Carter
Secretary
$0
Carmen Garcia
Director
$0
Hector Vargas
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$194,200
Fundraising events$157,000
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$26,800
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$378,000
Total Program Service Revenue$10,740
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 -$135,645
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $253,095

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