Latino Educational Training Institute is located in Lynnwood, WA. The organization was established in 2009. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latino Educational Training Institute 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 12/2022, Latino Educational Training Institute generated $990.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 31.0% each year . All expenses for the organization totaled $920.1k during the year ending 12/2022. While expenses have increased by 31.8% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO FACILITATE THE PERSONAL AND FINANCIAL SUCCESS OF SPANISH-SPEAKING AND BILINGUAL PERSONS AND INSPIRE LATINO YOUTH TO PURSUE THEIR DREAMS AND BECOME LEADERS IN THEIR COMMUNITIES. LETI STRIVES TO SUPPORT FAMILY SUCCESS AND WELLBEING THROUGH EDUCATION, CULTURAL AWARENESS, AND SOCIAL RESPONSIBILITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASIC NEEDS PROGRAMS INCLUDING: RENTAL RENTAL ASSISTANCE, PROMOTORAS/COMMUNITY VOLUNTEER-ADVOCATES PROGRAM, HOUSING JUSTICE PROJECT LEGAL CLINIC, FOOD BANK DISTRIBUTION, NOURISHING NEIGHBORS "BREAKFAST 4 ALL KIDS" CAMPAIGN, WIRFRENTAL ASSISTANCE-LETI IS SUBCONTRACTED BY VOLUNTEERS OF AMERICA AS A BY AND FOR PARTNER TO HELP SPANISH SPEAKING COMMUNITY MEMBERS APPLY FOR RENT ASSISTANCE.PROMOTORAS/COMMUNITY VOLUNTEER-ADVOCATES PROGRAM -WELL-TRAINED SPANISH-SPEAKING PROMOTERS WILL REACH OUT TO COMMUNITY MEMBERS TO EDUCATE, RECRUIT, SCHEDULE, AND MOST IMPORTANTLY, ASSIST IN COMPLETING THE APPLICATIONS OR FORMS REQUIRED TO ACCESS CRITICAL COVID TESTING/VACCINES AND FAMILY SUPPORT RESOURCES.HOUSING JUSTICE PROJECT LEGAL CLINIC PROVIDES LEGAL SERVICES AND RESOURCES TO STRUGGLING RESIDENTS WITHIN SNOHOMISH COUNTY DEALING WITH VARIOUS HOUSING ISSUES.FOOD BANK DISTRIBUTION INCLUDING 899 GROCERY ORDERS PLACED AND DISTRIBUTED IN 2022.NOURISHING NEIGHBORS "BREAKFAST 4 ALL KIDS" CAMPAIGN PROVIDES FOOD AND GIFT CARDS TO NUMEROUS LOW-INCOME FAMILIES.WA IMMIGRANT RELIEF FUND PROGRAM ASSISTS THE COMMUNITY BY DISSEMINATING INFORMATION ON PROGRAM OPPORTUNITY AND QUALIFICATIONS
MEDIA AND ENTERTAINMENT PROGRAMS INCLUDING:LETI TEVE-THIS PROGRAM WAS FORMULATED TO COMBINE ENTERTAINMENT AND EDUCATION FOR THE LOCAL COMMUNITY WITH ACCESS TO USEFUL INFORMATION AND RESOURCES AS NEEDED.LETI'S CHILDRENS CHOIR AND DANCE-CHOIR OF CHILDREN COMPRISES UP TO 20 CHILDREN ALL FROM LOCAL COMMUNITY PARTICIPATING IN VARIOUS PRESENTATIONS IN SNOHOMISH COUNTY.
HEALTH AND WELLNESS PROGRAMS INCLUDING:TOTAL WELLNESS OF LATINO WOMEN-ALLOWS PARTICIPANTS TO CONNECT WITH A LETI STAFF MEMBER WEEKLY WHILE LEARNING ABOUT ALL THE RESOURCES AVAILABLE IN THE COMMUNITY.LETI CHILD CARE CIRCLES-THIS PROGRAM AIMS TO CREATE A COHORT OF 8-9 LATINO MOTHERS NEEDING PRE-K CHILDCARE SERVICES.ADVANCING HEALTH LITERACY COVID-19 RELATED PROGRAMS/SERVICES AIMS TO BETTER UNDERSTAND THE BARRIERS TO THE HEALTH COMMUNITY MEMBERS THROUGH SCIENTIFICALLY DESIGNED COMMUNITY SURVEYS IN MULTIPLE LANGUAGES, APPROPRIATE TRAINING AND INTERVENTIONS, AND ONGOING WORK TO INCREASE AWARENESS OF OPTIMAL RESOURCES, TESTING, AND VACCINES FOR COVID-19.VACCINE ACCESS SUPPORT SERVICES AND OUTREACH-THIS PROGRAM INITIATIVE ASSISTS FAMILIES IN AND AROUND SNOHOMISH AND SKAGIN COUNTIES WITH RESOURCE NVIGATION AND HEALTH INFORMATION TO PROMOTE THE COVID-19 VACCINE.LETI CAFE IS A BUSINESS ENTREPRENEURSHIP PROGRAM FOR LATINO WOMEN LIVING IN SNOHOMISH COUNTY, WHICH HAS BEEN DEVELOPING FOR THE PAST THREE YEARS, TURNING INTO LETI'S LARGEST ONGOING PROGECT. THE SPECIFIC EMPHASIS IS TO IMPROVE THE MENTAL, PHYSICAL, AND FINANCIAL HEALTH OF LOCAL LATINAS AND THEIR FAMILIES BY SHARING CULTURE THROUGH FOOD.
EDUCATIONAL PROGRAMS INCLUDING GED CLASSES OFFERED IN SPANISH, ENGLISH CONVERSION CLASSES, INTRODUCTION TO COLLEGE AND TECHNOLOGY, LEARN TO SURF THE INTERNET WORKSHOPS, ENTREPRENEURIAL LEADERSHIP AND BUSINESS DEVELOPMENT WORKSHOPS, LATINO LEADERSHIP INITIATIVE, VOCATIONAL SCHOOL OFFERING LONG AND SHORT TERM CERTIFICATIONS, SAFETY AND HEALTH INVESTMENT PROJECTS, AND BASIC COMPUTER CLASSES AND ZOOM WORKSHOPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rosario Reyes President | OfficerTrustee | 5 | $39,805 |
Rees Clark Vice President/treasurer | OfficerTrustee | 4.81 | $0 |
Diana Morelli Secretary | OfficerTrustee | 0.92 | $15,973 |
Mel Cossette Director | Trustee | 1.15 | $0 |
Alfredo Chancco Director | Trustee | 0.23 | $0 |
Giselle Zapata-Garcia Director | Trustee | 0.48 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $155,293 |
All other contributions, gifts, grants, and similar amounts not included above | $796,851 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $952,144 |
Total Program Service Revenue | $0 |
Investment income | $274 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $37,900 |
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 | $990,318 |
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 | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $171,708 |
Compensation of current officers, directors, key employees. | $9,932 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $374,595 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $46,428 |
Fees for services: Management | $0 |
Fees for services: Legal | $756 |
Fees for services: Accounting | $4,058 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $30,573 |
Advertising and promotion | $0 |
Office expenses | $3,496 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $77,784 |
Travel | $2,417 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,588 |
Insurance | $0 |
All other expenses | $43,555 |
Total functional expenses | $920,121 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $675,407 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $655 |
Net Land, buildings, and equipment | $902,266 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $6,710 |
Other assets | $0 |
Total assets | $1,585,038 |
Accounts payable and accrued expenses | $11,574 |
Grants payable | $0 |
Deferred revenue | $179,757 |
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 | $889,908 |
Unsecured mortgages and notes payable | $49,942 |
Other liabilities | $0 |
Total liabilities | $1,131,181 |
Net assets without donor restrictions | $0 |
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 | $453,857 |
Total liabilities and net assets/fund balances | $1,585,038 |