To empower and develop latino men and women as leaders of character for the nation, in every sector of the global economy.

$789K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $301K a year · 10% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$789K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $1.0M
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$969K
41% of total assets
Looks good: liabilities are 41% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.1M
+63% vs prior year
Spent
$6.4M
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$7.1M
FY2022▲ +63%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.0M
FY2021$4.4M
FY2022$7.1M
FY2023$479K
FY2024$0
Expenses
$6.4M
FY2022▲ +75%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.2M
FY2021$3.7M
FY2022$6.4M
FY2023$1.2M
FY2024$742
Net assets
$1.4M
FY2022▲ +87%
Tap a bar for its year
Net assets by fiscal year
FY2020$56K
FY2021$742K
FY2022$1.4M
FY2023$716K
FY2024$715K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

24 people listed on the 990; $789K paid to officers and key staff.

Part VII, Section A · reportable compensation
$386,458Pt VII · Sec A
$190,342Pt VII · Sec A
Director, Talent, Purpose Ann Belonging
$111,490Pt VII · Sec A
Operations Director
$100,947Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2022FY2021FY2020
Damian Rivera$386,458$362,035$351,134
Selene Benavides$190,342$170,576$100,198
Justin Lopez—$142,760$104,212
Jennifer Paulino—$113,035—
Cydya J Thomas—$112,218—
Ann Marquez$111,490$111,795—
Luis Rosado—$104,848—
Jennylee Ramos$100,947——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops Latino men and women into leaders of character for the nation's economy.

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Provided by the organization

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1 program · in their own filed words · FY2022
01

Maintaining 45 professional chapters and approximately 160 student professional and student members across the country. In addition to networking and professional leadership development opportunities, our members have access to 50,000 paid summer internships through hundreds of fortune 1000 corporate partners.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 5 funders$1.0M
See all 5 funders →
Grants paid · 3 grants · $124K · 2020–2022
Unitemized GrantFY2022$100,000
Justice for Migrant WomenOH · FY2022$10,000
Unitemized GrantFY2020$14,380

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$7.1M
Ln 12
Fees for servicesLn 2g$7.1M
Money outPt IX
$6.4M
Ln 25
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$2.4M
LiabilitiesLn 26$969K
PeoplePt VI, VII
24
listed · VII A
PaidVII A4
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$7.1M
Total revenueLn 12$7.1M
Assets in detailPt X, end of year
CashLn 1$1.1M
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$980K
Total assetsLn 16$2.4M
LiabilitiesLn 26$969K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 516
VolunteersI 6400
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.2M$1.1M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$2.2M$2.4M
LiabilitiesLn 26$1.5M$969K
Net assetsLn 32$742K$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$10K
Grants to domestic individualsLn 2$100K
Pay of current officers, directors and key staffLn 5$630K
Other salaries and wagesLn 7$1.1M
Pension plan contributionsLn 8$16K
Other employee benefitsLn 9$118K
Payroll taxesLn 10$145K
Accounting feesLn 11c$70K
Other fees for servicesLn 11g$181K
Advertising and promotionLn 12$157K
Office expensesLn 13$48K
Information technologyLn 14$173K
OccupancyLn 16$2K
TravelLn 17$242K
Conferences, conventions and meetingsLn 19$2.8M
InsuranceLn 23$34K
Other expenses (24a–d)Ln 24$475K
All other expensesLn 24e$142K
Total functional expensesLn 25$6.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $0$742−$742$715K 990 PDF
FY2023 $479K$1.2M−$675K$716K 990 PDF
FY2022 Viewing $7.1M$6.4M$648K$1.4M 990 PDF
FY2021 $4.4M$3.7M$681K$742K 990 PDF
FY2020 $3.0M$2.2M$853K$56K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $7,084,425 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $242,362$0
I-9 Program service revenuePrior year $4,112,810$7,084,425
I-10 Investment incomePrior year $1,567$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $4,356,739$7,084,425
I-13 Grants and similar amounts paidPrior year $5,930$110,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,021,119$1,980,053
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,648,254$4,346,176
I-18 Total expensesPrior year $3,675,303$6,436,229
I-19 Revenue less expensesPrior year $681,436$648,196
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,084,425 across 2 lines filed
Lines not itemized here account for $3,593 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $7,080,832$7,080,832
VIII-12 Total revenueRelated to mission $7,084,425 · Unrelated business $0 · Excluded from tax $0$7,084,425
Part IX · Statement of functional expenses $6,436,229 across 18 lines filed
IX-1 Grants to domestic organizations$10,000
IX-2 Grants to domestic individuals$100,000
IX-5 Pay of current officers, directors and key staff$630,053
IX-7 Other salaries and wages$1,071,726
IX-8 Pension plan contributions$15,592
IX-9 Other employee benefits$118,165
IX-10 Payroll taxes$144,517
IX-11c Accounting fees$69,859
IX-11g Other fees for services$181,237
IX-12 Advertising and promotion$157,004
IX-13 Office expenses$47,836
IX-14 Information technology$172,738
IX-16 Occupancy$2,082
IX-17 Travel$242,416
IX-19 Conferences, conventions and meetings$2,822,197
IX-23 Insurance$33,796
IX-24 Other expenses (24a–d)$474,588
IX-24e All other expenses$142,423
IX-25 Total functional expenses$6,436,229
Part X · Balance sheet $2,355,920 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,172,297$1,060,462
X-4 Accounts receivableStart of year $189,131$221,926
X-9 Prepaid expenses and deferred chargesStart of year $141,880$93,615
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $700,109$979,917
X-16 Total assetsStart of year $2,203,417$2,355,920
X-17 Accounts payable and accrued expensesStart of year $551,059$391,010
X-19 Deferred revenueStart of year $687,212$460,322
X-25 Other liabilitiesStart of year $222,937$117,375
X-26 Total liabilitiesStart of year $1,461,208$968,707
X-27 Net assets without donor restrictionsStart of year $701,313$1,349,509
X-28 Net assets with donor restrictionsStart of year $40,896$37,704
X-32 Total net assets or fund balancesStart of year $742,209$1,387,213
X-33 Total liabilities and net assetsStart of year $2,203,417$2,355,920
Part XI · Reconciliation of net assets $1,387,213 net assets at year end
XI-1 Total revenue$7,084,425
XI-2 Total expenses$6,436,229
XI-3 Revenue less expenses$648,196
XI-4 Net assets at start of year$742,209
XI-5 Net unrealized gains (losses) on investments−$3,192
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,387,213

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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