Latinx Education Center
- Assets
- $664.2k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 22
- Location
- Siler City, NC
- Founding
- 07/2018
- Data as of
- 06/2023
- EIN
- 82-4014210
Organization Overview
Latinx Education Center is located in Siler City, NC. The organization was established in 2018. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2023, Latinx Education Center employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latinx Education Center 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 06/2023, Latinx Education Center generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 42.4% each year . All expenses for the organization totaled $1.1m during the year ending 06/2023. 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
LATINXED'S MISSION IS TO INVEST IN LATINX LEADERSHIP TO ADVANCE EDUCATIONAL EQUITY AND OPPORTUNITY IN NORTH CAROLINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LATINXED FELLOWSHIP: THE LATINXED FELLOWSHIP, A FLAGSHIP INITIATIVE, IS A DYNAMIC SIX-MONTH PROGRAM INVESTING IN THE GROWTH AND WELL-BEING OF LATINX EDUCATION LEADERS. WITH ONGOING COACHING, STRATEGIC COMMUNICATIONS SUPPORT, AND ACCESS TO KEY FIGURES IN NORTH CAROLINA, FELLOWS GAIN ESSENTIAL LEADERSHIP DEVELOPMENT SKILLS AND KNOWLEDGE FOR EFFECTIVE EDUCATION ADVOCACY. IN-PERSON RETREATS AND SUMMER SEMINARS FOSTER A COMMUNITY OF PRACTICE, CONNECTING THEORY TO POLICY. FALL WORKSHOPS REFINE STORYTELLING AND VISION-BUILDING FOR ADVANCING LATINX STUDENT SUCCESS.
STORYTELLING: NUESTRO SOUTH IS A MULTIMEDIA SERIES THAT EXPLORES THE STORIES OF LATINX PEOPLE IN THE U.S. SOUTH FROM THE JIM CROW ERA ON THROUGH TO THE PRESENT.
COLLEGE Y CONSEJOS: COLLEGE Y CONSEJOS, OUR VIRTUAL COLLEGE ADVISING PROGRAM FOR LATINX HIGH SCHOOL STUDENTS IN NORTH CAROLINA, DELIVERS FREE SUPPORT THROUGHOUT THE COLLEGE APPLICATION PROCESS. ROOTED IN CULTURA AND COMUNIDAD, THE PROGRAM OFFERS INDIVIDUALIZED GUIDANCE AND FOSTERS CONNECTIONS WITHIN THE LATINXED NETWORK. TAILORED FOR FIRST-GENERATION COLLEGE STUDENTS AND THOSE WITH LIMITED FINANCIAL RESOURCES, COLLEGE Y CONSEJOS PROVIDES INDIVIDUAL ADVISING, WORKSHOPS, AND EVENTS TO SUPPORT THEM AND THEIR FAMILIES IN NAVIGATING AND ACCESSING POSTSECONDARY EDUCATION.
LATINX EDUCATION SUMMIT: THE LATINX EDUCATION SUMMIT IS AN ANNUAL STATEWIDE CONVENING OF LATINX LEADERS AND EDUCATION CHAMPIONS FOCUSED ON BUILDING COLLECTIVE ACTION, DEVELOPING NEW STRATEGIES, AND MOBILIZING RESOURCES TO ADVANCE LATINX STUDENT SUCCESS IN NORTH CAROLINA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angelita Mantilla Becom Chair | OfficerTrustee | 6 | $0 |
Marcela Torres-Cervantes Secretary | OfficerTrustee | 6 | $0 |
Dr Nestor Alexis Ramirez Treasurer | OfficerTrustee | 6 | $0 |
Nicole K Daniels Vice Chair | OfficerTrustee | 6 | $0 |
Dr Juanes Ramirez Director | Trustee | 3 | $0 |
Karla Mounts Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,033,312 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,033,312 |
| Total Program Service Revenue | $30,044 |
| Investment income | $0 |
| 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 | $1,063,476 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,250 |
| Grants and other assistance to domestic individuals. | $5,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $36,093 |
| Compensation of current officers, directors, key employees. | $3,081 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $667,353 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $81,714 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,198 |
| Fees for services: Accounting | $53,086 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $80,677 |
| Advertising and promotion | $6,882 |
| Office expenses | $42,491 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $82,834 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $970 |
| Insurance | $19,771 |
| All other expenses | $0 |
| Total functional expenses | $1,115,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $339,986 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $300,000 |
| Accounts receivable, net | $9,000 |
| 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 | $12,422 |
| Net Land, buildings, and equipment | $2,781 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $664,189 |
| Accounts payable and accrued expenses | $30,079 |
| Grants payable | $0 |
| Deferred revenue | $2,500 |
| 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 | $32,579 |
| Net assets without donor restrictions | $241,158 |
| Net assets with donor restrictions | $390,452 |
| 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 | $664,189 |