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← LATINITAS

Form 990 for tax year 2022

Filed by LATINITAS.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2022 , filed 20 January 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$1,210,155 changed to $1,384,892
Total expenses
$1,392,288 changed to $1,413,914
Contributions and grants received
$1,141,484 changed to $1,316,221
Total assets, end of year
$592,952 changed to $758,312
Total liabilities, end of year
$215,736 changed to $227,986
Net assets or fund balances, end of year
$377,216 changed to $530,326
Program services expenses
$767,579 changed to $769,696
Management and general expenses
$327,561 changed to $345,251
Fundraising expenses
$297,148 changed to $298,967
Program service expenses (Part III)
$767,579 changed to $769,696

Totals

Total revenue
$1,210,155
Total expenses
$1,392,288
Contributions and grants received
$1,141,484
Grants paid
$0
Program service revenue
$46,225
Investment income
$1,965
Other revenue
$20,481
Total assets, end of year
$592,952
Total liabilities, end of year
$215,736
Net assets or fund balances, end of year
$377,216
Program services expenses (Part IX)
$767,579
Management and general expenses
$327,561
Fundraising expenses
$297,148
Program service expenses (Part III)
$767,579

Program services were 55.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $202,430

  • 1f · All other contributions, gifts and grants

    $939,054

  • 2a · Program service revenue: EDUCATIONAL PROGRAMS

    total $46,225 · related or exempt $46,225

  • 3 · Investment income

    total $1,965 · related or exempt $1,965

  • 8a · Fundraising events: gross income

    $20,481

  • 8c · Net income from fundraising events

    total $20,481

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $783,810 · program services $488,379 · management and general $78,215 · fundraising $217,216

  • 9 · Other employee benefits

    total $90,774 · program services $10,515 · management and general $80,011 · fundraising $248

  • 10 · Payroll taxes

    total $89,249 · program services $44,665 · management and general $35,651 · fundraising $8,933

  • 11c · Fees: accounting

    total $27,855 · program services $5,978 · management and general $21,549 · fundraising $328

  • 11g · Fees: other

    total $134,283 · program services $101,801 · management and general $24,040 · fundraising $8,442

  • 12 · Advertising and promotion

    total $6,069 · program services $3,569 · management and general $2,000 · fundraising $500

  • 13 · Office expenses

    total $4,655 · program services $3,605 · management and general $1,050

  • 14 · Information technology

    total $15,440 · program services $10,112 · management and general $5,328

  • 16 · Occupancy

    total $103,278 · program services $34,853 · management and general $60,223 · fundraising $8,202

  • 17 · Travel

    total $10,351 · program services $8,709 · management and general $853 · fundraising $789

  • 20 · Interest

    total $2,392 · program services $2,392

  • 23 · Insurance

    total $9,512 · program services $3,580 · management and general $5,932

  • 24a · Other expenses: FUNDRAISING EXPENSE

    total $52,686 · program services $500 · management and general $1,276 · fundraising $50,910

  • 24b · Other expenses: PROGRAM SUPPLIES

    total $45,240 · program services $43,407 · management and general $833 · fundraising $1,000

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $8,218 · program services $4,424 · management and general $3,239 · fundraising $555

  • 24d · Other expenses: WEB HOSTING

    total $3,534 · program services $814 · management and general $2,720

  • 24e · All other expenses

    total $4,942 · program services $276 · management and general $4,641 · fundraising $25

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $383,348 · end of year $392,172

  • 4 · Accounts receivable

    beginning of year $368,494 · end of year $196,270

  • 15 · Other assets

    beginning of year $9,510 · end of year $4,510

  • 17 · Accounts payable and accrued expenses

    end of year $20,956

  • 24 · Unsecured notes and loans payable

    beginning of year $150,000 · end of year $150,000

  • 25 · Other liabilities

    beginning of year $52,009 · end of year $44,780

  • 27 · Net assets without donor restrictions

    beginning of year $62,017 · end of year -$120,110

  • 28 · Net assets with donor restrictions

    beginning of year $497,326 · end of year $497,326

Mission and programs · 2022

Mission

LATINITAS IS DEDICATED TO EMPOWERING GIRLS TO INNOVATE USING MEDIA AND TECHNOLOGY, PROVIDING DIRECT DIGITAL MEDIA AND TECHNOLOGY TRAINING AND ESTEEM-BOOSTING SERVICES TO 3,000 GIRLS AND TEENS ACROSS TEXAS ANNUALLY, 2,000 IN CENTRAL TEXAS AND 1,000 MORE IN WEST AND SOUTH TEXAS.

  • LATINITAS HAS LEVERAGED AND MAXIMIZED EXISTING COMPUTERS AND INTERNET AT 132 TEXAS SCHOOLS, LIBRARIES, COMMUNITY AND CULTURAL CENTERS. LATINITAS' UNIQUE RECIPE OF EXPLORING COMPLEX TECHNOLOGIES IN STEM/STEAM LEARNING THROUGH CULSTUER AND IDENTITY, ITS EMPLOYMENT OF RELEVANT AND RELATABLE MENTORS WHO REFLECT THE POPULATION WE SERVE, AND A LEADERSHIP STRUCTURE THAT REFLECTS THE COMMUNITY WE SERVE HAS MADE LATINITAS THE ONLY BILINGUAL AND BICULTURAL TECH EDUCATION AGENCY IN AUSITN FOR 20 YEARS.

    Expenses $767,579 · Revenue $46,225

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Karen Mariela Siles

    BOARD CO-CHA

    Total calculated
    $0
  • Ricky Ramos Murray

    BOARD CO-CHA

    Total calculated
    $0
  • Melissa Ushakov

    TREASURER

    Total calculated
    $0
  • Asif Ali

    SECRETARY

    Total calculated
    $0
  • Ramiro Diaz

    MEMBER

    Total calculated
    $0
  • Ana Villegas

    MEMBER

    Total calculated
    $0
  • Veronica Penaloza Wolfermann

    MEMBER

    Total calculated
    $0
  • Angelica Maldonado

    MEMBER

    Total calculated
    $0
  • Allen Bowers

    MEMBER

    Total calculated
    $0
  • Maria Esther Audelo Vasquez

    MEMBER

    Total calculated
    $0
  • Bianca Perez

    MEMBER

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202421369349303117

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