NonprofitsLatin American Business Organization Inc

Community Improvement & Capacity Building

Latin American Business Organization Inc

WORCESTER, MA

Total revenue

$262K

Total expenses

$252K

Net assets

$18K

Grants received

$17K

2 grants

EIN

810824363

Tax year

2024

Mission

To search for a unity that will serve to bring together the latin-american international community in general, so that the people collectively will be able to develop and implement techniques so guided to achieve an understanding of problems and solutions in business management, social, economic, cultural, recreational, and business education.

Programs

1 program

The arpa grant received allowed us to run the supplier diversity classes hosted to allow the education and assistance to small businesses in their journey of obtaining statewide certification. Also the ventrue capitalist courses we provide which allows small businesses the opportunity to educate themselves on proper formation of their businesses and tools on how to grow their businesses.

Expenses: $178KGrants: $186K

Financials

FY 2024

Revenue

Contributions & grants$262K
Program service revenue
Investment income
Other revenue
Total revenue$262K

Expenses

Grants paid$925
Salaries & benefits$52K
Fundraising
Other expenses$198K
Total expenses$252K
Total assets$18K
Net assets$18K

People

4 listed

NameRoleCompensation

ELIZABETH CRUZ

PRESIDENT

Board

$31K

40 hrs/wk

KARYN SANCHEZ

TREASURER

Board

10 hrs/wk

ROSA SALAS

SECRETARY

Board

20 hrs/wk

EDGAR LUNA

DIRECTOR

Board

10 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$7K
GENERAL SUPPORT
2022

Funded by

$17K from 2 funders · 2 grants · 2022

Details

EIN810824363
NTEE codeS31
Subsection03
Ruling date2022-05
Formed2015
Employees0
Volunteers10
LATIN AMERICAN BUSINESS ORGANIZATION INC — Mission, Financials & Grants Received | Grantivo