North Carolina Latino Power
- Assets
- $99.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chapel Hill, NC
- Founding
- 09/2016
- Data as of
- 06/2022
- EIN
- 81-2248241
Organization Overview
North Carolina Latino Power is located in Chapel Hill, NC. The organization was established in 2016. 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. North Carolina Latino Power is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, North Carolina Latino Power generated $50.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $64.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Ortigoza Chair | 0.5 | $0 | |
Morandi Hurst Vice-Chair | 0.5 | $0 | |
Randolph Chambers Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $190 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,190 |
| 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 | $61,837 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $145 |
| Other expenses | $2,924 |
| Total expenses | $64,906 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,668 |
| Other assets | $0 |
| Total assets | $99,668 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,668 |