Form 990 for tax year 2024
Filed by ORGANIZATION OF LATINO ACTUARIES.
Totals
- Total revenue
- $896,656
- Total expenses
- $682,036
- Contributions and grants received
- $896,556
- Grants paid
- $160,020
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $100
- Total assets, end of year
- $1,194,801
- Total liabilities, end of year
- $18,437
- Net assets or fund balances, end of year
- $1,176,364
- Program services expenses (Part IX)
- $578,867
- Management and general expenses
- $103,169
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $578,867
Program services were 84.9% 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.
-
1f · All other contributions, gifts and grants
$896,556
-
11a · Other revenue: Miscellaneous
total $100 · related or exempt $100 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$100
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $160,020 · program services $160,020
-
11c · Fees: accounting
total $45,502 · program services $0 · management and general $45,502 · fundraising $0
-
11g · Fees: other
total $85,450 · program services $72,950 · management and general $12,500 · fundraising $0
-
12 · Advertising and promotion
total $8,514 · program services $8,471 · management and general $43 · fundraising $0
-
13 · Office expenses
total $2,622 · program services $1,406 · management and general $1,216 · fundraising $0
-
14 · Information technology
total $55,494 · program services $39,901 · management and general $15,593 · fundraising $0
-
17 · Travel
total $318,670 · program services $295,735 · management and general $22,935 · fundraising $0
-
23 · Insurance
total $1,256 · program services $0 · management and general $1,256 · fundraising $0
-
24a · Other expenses: Bank fees
total $4,124 · program services $0 · management and general $4,124 · fundraising $0
-
24b · Other expenses: Other expenses
total $384 · program services $384 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $805,251 · end of year $860,573
-
3 · Pledges and grants receivable
beginning of year $174,500 · end of year $280,500
-
9 · Prepaid expenses and deferred charges
beginning of year $17,039 · end of year $53,728
-
17 · Accounts payable and accrued expenses
beginning of year $35,046 · end of year $18,437
-
27 · Net assets without donor restrictions
beginning of year $750,744 · end of year $591,364
-
28 · Net assets with donor restrictions
beginning of year $211,000 · end of year $585,000
Mission and programs · 2024
Mission
The Organization of Latino Actuaries (OLA) is a national non-profit organization, dedicated to increasing the number of Latino Actuaries by promoting the profession and providing guidance, mentorship and networking opportunities to its members.
-
Scholarships, learning materials, exam fees, conferences and travel expenses paid for eligible recipients to pursue actual science.
Expenses $578,867 · Grants $160,020
As filed on the 2024 return.
Listed in Part VII
-
Marcela Granados Lavoie
President
- Total calculated
- $0
- Hours/week
- 5
-
Anthony Lucero
President Elect
- Total calculated
- $0
- Hours/week
- 5
-
Adelaida Campos
Former President
- Total calculated
- $0
- Hours/week
- 5
-
Alfonso Carrillo-Lundgren
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Enrique Schulz
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Manuel Guerra
Director
- Total calculated
- $0
- Hours/week
- 5
-
Gerardo Duarte
Director
- Total calculated
- $0
- Hours/week
- 5
-
Alan Ramirez
Director
- Total calculated
- $0
- Hours/week
- 5
-
Romina Egan
Director
- Total calculated
- $0
- Hours/week
- 5
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
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533219349325363
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