Latina Circle Inc
- Assets
- $763.8k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Boston, MA
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 82-4167948
Organization Overview
Latina Circle Inc, operating under the name Amplify Latinx, is located in Boston, MA. The organization was established in 2019. According to its NTEE Classification (S81) the organization is classified as: Womens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Amplify Latinx employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amplify Latinx 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 12/2021, Amplify Latinx generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $613.1k during the year ending 12/2021. 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
TO BUILD LATINX ECONOMIC AND POLITICAL POWER BY SIGNIFICANTLY INCREASING LATINX CIVIC ENGAGEMENT, ECONOMIC OPPORTUNITY, AND LEADERSHIP REPRESENTATION ACROSS SECTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS BUILT A NETWORK OF 4,500 LATINX LEADERS, 200 CROSS- SECTOR PARTNERS, AND OVER 150 LATINX BUSINESSES THAT PARTICIPATE IN ITS CIVIC LEADERSHIP AND SMALL BUSINESS PROGRAMMING. IN 2020, AMPLIFY LATINZ (1) NOMINATED OVER 100 LATINO LEADERS FOR GOVERNMENT AND NONPROFIT BOARDS, COMMISSIONS, ELECTED OFFICE AND EXECUTIVE LEADERSHIP;(2) HOSTED 35+ ONLINE WORKSHOPS, FORUMS AND CONFERENCES ON TOPICS THAT IMPACT THE LATINO COMMUNITY IN MASSACHUSETTS; (3) FEATURED 50 LATINX LEADERS IN VISIBILOTY CAMPAIGNS, AND (4) ADVOCATED FOR INCREASED FUNDING AND RESOURCES FOR THE LATINO COMMUNITY. IN 2020, THE ORGANIZATION EXPANDED ITS POWERUP BUSINESS PROGRAM TO INCLUDE VIRTUAL EDUCATIONAL PROGRAMMING GRANT FUNDIN THROUGH PARTNERS AND PPP AND PROVIDED GRANT APPLICATION SUPPORT TO OVER 75 LATINO BUSINESSES DURING THE COVID-19 PANDEMIC. THE ORGANIZATION ALSO LAUNCHED ITS LATINO BUSINESS RESILIENCE PROGRAM THAT OFFERS HANDS-ON TECHNICAL ASSISTANCE AND BUSINESS COACHING TO PREPARE LATINO BUSINESSES FOR CAPITAL ACCESS AND TO EXPAND THEIR SOCIAL NETWORKS AND CONTRACTING OPPORTUNITIES. DURING 2020, THE ORGANIZATION GENERATED 85,000 IN CONTRIBUTIONS FOR THE POWERUP PROGRAM
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosario Ubiera-Minaya Executive Di | OfficerTrustee | 40 | $95,000 |
Betty Francisco Former Presi | OfficerTrustee | 15 | $0 |
Eneida Roman Co-Chair | OfficerTrustee | 5 | $0 |
Eileen Alexopoulos Director | Trustee | 2 | $0 |
Evelyn Barahona Director | Trustee | 2 | $0 |
Raul Fernandez Vice-Chair | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $150,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $930,184 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,080,184 |
| Total Program Service Revenue | $0 |
| 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 | $1,080,184 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,000 |
| 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. | $95,000 |
| Compensation of current officers, directors, key employees. | $42,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,457 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,976 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,002 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $229,628 |
| Advertising and promotion | $7,022 |
| Office expenses | $5,251 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,638 |
| Travel | $4,240 |
| 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 | $11,621 |
| Insurance | $8,479 |
| All other expenses | $3,590 |
| Total functional expenses | $613,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $560,716 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $170,550 |
| 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 | $0 |
| Net Land, buildings, and equipment | $28,353 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,200 |
| Total assets | $763,819 |
| Accounts payable and accrued expenses | $13,333 |
| 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 | $13,333 |
| Net assets without donor restrictions | $548,611 |
| Net assets with donor restrictions | $201,875 |
| 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 | $763,819 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Latina Circle Inc has recieved totaling $185,000.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $115,000 |
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $30,000 |
Nellie Mae Education Foundation Inc Quincy, MA PURPOSE: AMPLIFY LATINX - LATINO/A/X CIVIC ENGAGEMENT | $25,000 |
Nellie Mae Education Foundation Inc Quincy, MA PURPOSE: POWERUP LATINX BUSINESS INITIATIVE | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hadassah The Womens Zionist Organization Of America Inc New York, NY | $157,410,947 | $21,593,273 |
Diaspora Community Services Inc Brooklyn, NY | $1,603,235 | $3,729,711 |
Junior League Of The City Of New York Inc New York, NY | $6,819,544 | $3,036,986 |
National Council Of Jewish Women Incorporated Brooklyn, NY | $980,620 | $1,979,196 |
National Council Of Jewish Women Incorporated New York, NY | $4,624,296 | $1,975,064 |
Women S Forum Of New York Inc New York, NY | $2,463,388 | $1,301,139 |
Ladies Village Improvement Society Of East Hampton Long Island Inc East Hampton, NY | $8,787,764 | $1,844,966 |
Financial Alliance For Women Inc Brooklyn, NY | $1,009,594 | $1,127,007 |
New York State Elks Association Major Projects Inc Averill Park, NY | $8,424,682 | $1,087,018 |
Vermont Works For Women Inc Winooski, VT | $1,426,293 | $1,110,077 |
Latina Circle Inc Boston, MA | $763,819 | $1,080,184 |
Alpha Pregnancy Care Center Inc Albany, NY | $797,955 | $745,475 |