Latched Support Inc
- Assets
- $651.6k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 18
- Location
- San Antonio, TX
- Founding
- 09/2017
- Data as of
- 12/2023
- EIN
- 82-2701432
Organization Overview
Latched Support Inc is located in San Antonio, TX. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Latched Support Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latched Support 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 12/2023, Latched Support Inc generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LATCHED SUPPORT EMPOWERS GROWING FAMILIES WITH LIFE-SAVING PREGNANCY AND PARENTING EDUCATION THROUGH RESOURCES AND ADVOCACY SO THAT CHILDREN MAY RECEIVE A HEALTHY START IN LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FREE DIAPER ASSISTANCE, BREASTFEEDING SUPPORT, AND PARENTING CLASSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Asley Green President | OfficerTrustee | 40 | $132,500 |
D'juan Green Treasurer | OfficerTrustee | 5 | $0 |
Beverly Spitznagel Secretary | OfficerTrustee | 5 | $0 |
Shawnyel Nelson Board Chair | OfficerTrustee | 5 | $0 |
Nedra Gates Board Member | Trustee | 5 | $0 |
Dr Shawn Jones Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $994,810 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,379 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,067,189 |
| Total Program Service Revenue | $0 |
| Investment income | $148 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,067,337 |
| 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. | $260,000 |
| Compensation of current officers, directors, key employees. | $26,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $484,613 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,345 |
| Payroll taxes | $57,051 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,695 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $68,358 |
| Advertising and promotion | $14,773 |
| Office expenses | $4,131 |
| Information technology | $7,747 |
| Royalties | $0 |
| Occupancy | $36,830 |
| Travel | $0 |
| 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 | $17,707 |
| Insurance | $7,537 |
| All other expenses | $59,455 |
| Total functional expenses | $1,140,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $282,465 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $162,257 |
| 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 | $115,886 |
| Prepaid expenses and deferred charges | $3,116 |
| Net Land, buildings, and equipment | $87,924 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $651,648 |
| Accounts payable and accrued expenses | $26,063 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,063 |
| Net assets without donor restrictions | $595,585 |
| Net assets with donor restrictions | $30,000 |
| 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 | $651,648 |