Latinos In Transit
- Assets
- $159.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Covina, CA
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 36-4826809
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. 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 12/2021, Latinos In Transit generated $125.4k in total revenue. All expenses for the organization totaled $15.0k during the year ending 12/2021. While expenses have increased by 92.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
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 PROVIDED A VIRTUAL SETTING WITH MONTHLY PROGRAMS CALLED "CAFE CON LIT AND AN ANNUAL VIRTUAL SYMPOSIUM FOR HISPANIC HERITAGE MONTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alva Carrasco President | 10 | $0 | |
Herold Humphrey Vice President | 8 | $0 | |
Elizabeth Carter Secretary | 8 | $0 | |
Jose Feliciano Director | 1 | $0 | |
Mariela Garcia-Colberg Director | 1 | $0 | |
Megan Perrero Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,600 |
| Total Program Service Revenue | $0 |
| Membership dues | $117,865 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$5,087 |
| Other Revenue | $0 |
| Total Revenue | $125,378 |
| 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 | $0 |
| Other expenses | $10,004 |
| Total expenses | $15,004 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $151,054 |
| Other assets | $0 |
| Total assets | $159,397 |
| Total liabilities | $0 |
| Net assets or fund balances | $159,397 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Latinos In Transit has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
North American Transit Alliance Inc Queen Anne, MD PURPOSE: ADVOCATES LATINO TRANSPORTATION PROFESSIONAL | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
County Supervisors Assn Of Ca Sacramento, CA | $13,363,882 | $9,936,201 |
Howard Jarvis Taxpayers Association Laguna Niguel, CA | $8,742,676 | $7,848,620 |
California Credit Union League Ontario, CA | $29,531,328 | $7,558,766 |
California Municipal Utilities Association Sacramento, CA | $1,438,040 | $3,988,972 |
American Water Works Association Rancho Cucamonga, CA | $2,909,374 | $2,878,062 |
California Taxpayers Association Sacramento, CA | $1,627,545 | $1,678,404 |
Rural Water Association Of Arizona Apache Junction, AZ | $676,168 | $1,021,732 |
California Association Of Councils Of Goverments Sacramento, CA | $380,054 | $767,142 |
Association Of Asian American Investment Managers San Francisco, CA | $0 | $817,109 |
Redondo Beach Travel And Tourism Redondo Beach, CA | $332,946 | $638,594 |
Merchant Acquirers Committee Inc Sacramento, CA | $674,073 | $665,838 |
Nacm Northwest Co Portland, OR | $4,183,756 | $761,145 |