Latin American Youth Center Inc
- Assets
- $10.7m
- Revenue
- $17.8m
- Investments
- $0.0
- Employees
- 307
- Location
- Washington, DC
- Founding
- 06/1975
- Data as of
- 09/2021
- EIN
- 52-1023074
Organization Overview
Latin American Youth Center Inc is located in Washington, DC. The organization was established in 1975. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 09/2021, Latin American Youth Center Inc employed 307 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latin American Youth Center 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 09/2021, Latin American Youth Center Inc generated $17.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $15.5m during the year ending 09/2021. 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAYC MARYLAND MULTICULTURAL YOUTH CENTERS (LAYC-MMYC): LAYC-MMYC IS THE ORGANIZATIONAL DIVISION THAT SERVES MONTGOMERY AND PRINCE GEORGE'S COUNTIES IN MARYLAND. PROGRAMS INCLUDE AFTER-SCHOOL AND SCHOOL-BASED ACADEMIC ENRICHMENT AND MENTORING PROGRAMS AS WELL AS EMPLOYMENT TRAINING AND GED PREPARATION PROGRAMS AND FAMILY REUNIFICATION SUPPORT SERVICES.
HOUSING: BILINGUAL AND CULTURALLY SENSITIVE RESIDENTIAL SERVICES WITH THE GOAL OF REDUCING HOMELESSNESS. PROGRAMS INCLUDE INDEPENDENT APARTMENTS AND FAMILY-BASED PLACEMENTS SPECIALIZING IN YOUNG PEOPLE WHO ARE PREGNANT OR PARENTING, IDENTIFY AS LGBTQ, ARE RECENT IMMIGRANTS, OR ARE CURRENTLY IN OR EXITING FOSTER CARE.
COMMUNITY WELLNESS: PREVENTION AND INTERVENTION PROGRAMS INCLUDING STI, HIV, AND PREGNANCY TESTING ARE OFFERED IN OUR DC SITE. OUR DC SITE ALSO OFFERS PARENTING CLASSES TO YOUNG PARENTS. LAYC'S LONG-STANDING COOPERATION WITH AREA SCHOOLS ALLOWS US TO PLACE STAFF IN PARTNER SCHOOLS TO PROVIDE PREGNANCY/STI EDUCATION. MANY HEALTH AND WELLNESS PROGRAMS OFFER A PEER EDUCATION AND LEADERSHIP COMPONENT THAT ENABLES YOUTH TO TEACH WHAT THEY HAVE LEARNED AND TO ORGANIZE COMMUNITY EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mirna Quinteros-Grady President And CEO | Officer | 40 | $164,167 |
Bryant Davis Chief Financial & Admin. Off. | Officer | 40 | $137,669 |
Patricia Bravo Chief Operating Officer | Officer | 40 | $121,041 |
Lauren Eyster Vice Chair | OfficerTrustee | 1 | $0 |
Betsy Brand Co-Chair | OfficerTrustee | 1 | $0 |
Kaye Pastaina Vice Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Orr-mcintyre & Associates Accounting And Staff Augmentation | 9/29/15 | $166,127 |
Nonprofit Hr Solutions Llc Human Resources Consultant | 9/29/15 | $109,811 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $25,000 |
| Membership dues | $0 |
| Fundraising events | $540,173 |
| Related organizations | $0 |
| Government grants | $12,476,127 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,522,969 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,564,269 |
| Total Program Service Revenue | $0 |
| Investment income | $3,462 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$51,009 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,753,295 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $658,795 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $469,200 |
| Compensation of current officers, directors, key employees. | $415,169 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,866,394 |
| Pension plan accruals and contributions | $102,881 |
| Other employee benefits | $403,966 |
| Payroll taxes | $837,686 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,570 |
| Fees for services: Accounting | $79,493 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $594,401 |
| Advertising and promotion | $1,924 |
| Office expenses | $547,037 |
| Information technology | $44,366 |
| Royalties | $0 |
| Occupancy | $297,075 |
| Travel | $73,309 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $732 |
| Interest | $247,556 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $256,815 |
| Insurance | $153,193 |
| All other expenses | $304,114 |
| Total functional expenses | $15,517,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,953,965 |
| Savings and temporary cash investments | $1,759,052 |
| Pledges and grants receivable | $150,000 |
| Accounts receivable, net | $3,464,111 |
| 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 | $69,987 |
| Net Land, buildings, and equipment | $3,243,894 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,320 |
| Total assets | $10,670,329 |
| Accounts payable and accrued expenses | $1,727,255 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,770 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,239,812 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $167,968 |
| Total liabilities | $7,136,805 |
| Net assets without donor restrictions | $2,624,608 |
| Net assets with donor restrictions | $908,916 |
| 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 | $10,670,329 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Latin American Youth Center Inc has recieved totaling $80,000.
| Awarding Organization | Amount |
|---|---|
Alice And Russell True Foundation Washington, DC PURPOSE: TO SUPPORT LAYC'S ONGOING PROGRAMS | $70,000 |
Carter & Melissa Cafritz Charitable Tr Washington, DC PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Latin American Youth Center Inc Washington, DC | $10,670,329 | $17,753,295 |
National Network To End Domestic Violence Inc Washington, DC | $5,294,679 | $6,377,066 |
Maryland Soccer Foundation Inc Boyds, MD | $16,325,043 | $5,386,323 |
Asae Research Foundation Washington, DC | $26,488,111 | $1,430,947 |
Great Falls-Reston Soccer Club Great Falls, VA | $1,898,429 | $2,810,731 |
Leaders Of Tomorrow Youth Center Inc Owings Mills, MD | $477,801 | $1,453,303 |
Little Lights Urban Ministries Washington, DC | $2,707,367 | $1,941,038 |
City Kids To Wilderness Project Inc Washington, DC | $3,312,085 | $1,907,297 |
Southwestern Youth Association Inc Centreville, VA | $3,423,364 | $1,936,325 |
Lionheart Incorporated Fredericksburg, VA | $461,193 | $1,334,314 |
Straight Street Roanoke Valley Inc Roanoke, VA | $2,752,629 | $1,351,277 |
Youth Empowerment Source Inc Elkton, MD | $192,760 | $854,066 |