Skip to content
Nonprofiteer
← LATINO PROFFESIONALS IN AEROSPACE INC

Form 990 for tax year 2024

Filed by LATINO PROFFESIONALS IN AEROSPACE INC.

Totals

Total revenue
$1,152,800
Total expenses
$906,486
Contributions and grants received
$696,847
Grants paid
$414,802
Program service revenue
$455,854
Investment income
$99
Other revenue
$0
Total assets, end of year
$1,082,869
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,082,869
Program services expenses (Part IX)
$889,136
Management and general expenses
$17,350
Fundraising expenses
$0
Program service expenses (Part III)
$889,136

Program services were 98.1% 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)

    $1,500

  • 1f · All other contributions, gifts and grants

    $695,347

  • 2a · Program service revenue: EXPO REVENUE

    total $249,127 · related or exempt $249,127

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $135,227 · related or exempt $135,227

  • 2c · Program service revenue: BOOTH REVENUE

    total $71,500 · related or exempt $71,500

  • 3 · Investment income

    total $99 · excluded $99

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $414,802 · program services $414,802

  • 11b · Fees: legal

    total $13,675 · management and general $13,675

  • 11c · Fees: accounting

    total $2,189 · management and general $2,189

  • 12 · Advertising and promotion

    total $20,906 · program services $20,906

  • 13 · Office expenses

    total $11,318 · program services $11,318

  • 17 · Travel

    total $1,799 · program services $1,799

  • 19 · Conferences, conventions and meetings

    total $425,838 · program services $425,838

  • 23 · Insurance

    total $11,995 · program services $11,995

  • 24a · Other expenses: MEMBERSHIPS

    total $1,195 · program services $1,195

  • 24b · Other expenses: BUSINESS REGISTRATION FEE

    total $1,008 · management and general $1,008

  • 24c · Other expenses: WEBSITE

    total $955 · program services $955

  • 24d · Other expenses: BANK FEES

    total $478 · management and general $478

  • 24e · All other expenses

    total $328 · program services $328

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $636,566 · end of year $663,813

  • 2 · Savings and temporary cash investments

    beginning of year $199,989 · end of year $409,893

  • 9 · Prepaid expenses and deferred charges

    end of year $9,163

  • 31 · Retained earnings, endowment or other funds

    beginning of year $836,555 · end of year $1,082,869

Mission and programs · 2024

Mission

TO SERVE THE LATINO AS WELL AS OTHER COMMUNITIES THROUGH EDUCATION, MENTORSHIP, AND CIVIL SERVICE - ALL WHILE CONSISTENTLY MAKING A POSITIVE DIFFERENCE TO ANY PERSON OR GROUP WITH WHOM THE LPA INTERACTS.

  • LPA SERVES ITS COMMUNITY BY EDUCATION, MENTORSHIP YOUNG PEOPLE, AND CIVIL SERVICE. IT SEEKS TO INSPIRE ITS COMMUNITY TO TRANSCEND ORDINARY EXPERIENCES AND LIMITATIONS AND PROPEL TOWARD POSSIBILITY. LPA IS COMMITTED TO ITS COMMUNITY BY PROVIDE OPPORTUNITIES IN AVIATION. PART OF THIS COMMITMENT INCLUDES AWARDING SCHOLARSHIPS TO A DIVERSE GROUP OF RECIPIENTS. THESE SCHOLARSHIPS HELP RECIPIENTS FURTHER THEIR CAREERS IN AVIATION-RELATED FIELDS.

    Expenses $889,136 · Grants $414,802 · Revenue $455,854

As filed on the 2024 return.

Listed in Part VII

  • Megan Gonzales

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Christopher Mora

    VP, DIRECTOR

    Total calculated
    $0
    Hours/week
    15

  • Manuel Munoz

    TREASURER, D

    Total calculated
    $0
    Hours/week
    15

  • Javier Salazar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Claudia Zapata-Cardone

    PRESIDENT, D

    Total calculated
    $0
    Hours/week
    15

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
7 November 2025
IRS schema version
2024v5.0
Source object
202543149349305914

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.