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Nonprofiteer
← LAAMISTAD INC

Form 990 for tax year 2024

Filed by LAAMISTAD INC.

Totals

Total revenue
$1,700,128
Total expenses
$2,292,794
Contributions and grants received
$1,629,963
Grants paid
$0
Program service revenue
$16,452
Investment income
$37,947
Other revenue
$15,766
Total assets, end of year
$2,321,698
Total liabilities, end of year
$382,125
Net assets or fund balances, end of year
$1,939,573
Program services expenses (Part IX)
$2,115,313
Management and general expenses
$120,277
Fundraising expenses
$57,204
Program service expenses (Part III)
$2,115,313

Program services were 92.3% 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.

  • 1c · Fundraising events

    $153,506

  • 1f · All other contributions, gifts and grants

    $1,476,457

  • 1g · Noncash contributions included above

    $22,269

  • 2a · Program service revenue: Program fees

    total $16,452 · related or exempt $16,452

  • 3 · Investment income

    total $37,947 · excluded $37,947

  • 8a · Fundraising events: gross income

    $74,427

  • 8a · Fundraising events: contributions included on line 1c

    $153,506

  • 8b · Fundraising events: direct expenses

    $74,427

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: Miscellaneous

    total $15,766 · related or exempt $15,766

  • 11e · Other revenue, total

    $15,766

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $221,226 · program services $206,945 · management and general $11,144 · fundraising $3,137

  • 7 · Other salaries and wages

    total $1,287,940 · program services $1,254,811 · management and general $24,404 · fundraising $8,725

  • 8 · Pension plan contributions

    total $14,280 · program services $13,185 · management and general $548 · fundraising $547

  • 9 · Other employee benefits

    total $135,199 · program services $124,831 · management and general $5,183 · fundraising $5,185

  • 10 · Payroll taxes

    total $116,881 · program services $107,918 · management and general $4,482 · fundraising $4,481

  • 11c · Fees: accounting

    total $18,825 · management and general $18,825

  • 14 · Information technology

    total $133,341 · program services $100,472 · management and general $19,768 · fundraising $13,101

  • 16 · Occupancy

    total $89,793 · program services $81,709 · management and general $5,781 · fundraising $2,303

  • 22 · Depreciation, depletion and amortization

    total $71,901 · program services $53,926 · management and general $10,785 · fundraising $7,190

  • 23 · Insurance

    total $16,160 · program services $9,696 · management and general $3,232 · fundraising $3,232

  • 24a · Other expenses: Program services, food

    total $161,820 · program services $161,820

  • 24b · Other expenses: Miscellaneous

    total $25,428 · management and general $16,125 · fundraising $9,303

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $393,669 · end of year $424,904

  • 2 · Savings and temporary cash investments

    beginning of year $600,000 · end of year $600,000

  • 3 · Pledges and grants receivable

    beginning of year $1,130,184 · end of year $580,984

  • 4 · Accounts receivable

    beginning of year $5,159 · end of year $4,138

  • 9 · Prepaid expenses and deferred charges

    beginning of year $16,629 · end of year $22,831

  • 10a · Land, buildings and equipment: cost or other basis

    $851,353

  • 10b · Land, buildings and equipment: accumulated depreciation

    $287,760

  • 10c · Land, buildings and equipment, net

    beginning of year $543,573 · end of year $563,593

  • 15 · Other assets

    beginning of year $165,004 · end of year $125,248

  • 17 · Accounts payable and accrued expenses

    beginning of year $129,717 · end of year $199,099

  • 19 · Deferred revenue

    beginning of year $15,537 · end of year $46,997

  • 25 · Other liabilities

    beginning of year $176,725 · end of year $136,029

  • 27 · Net assets without donor restrictions

    beginning of year $1,314,752 · end of year $1,188,821

  • 28 · Net assets with donor restrictions

    beginning of year $1,217,487 · end of year $750,752

Mission and programs · 2024

Mission

To prepare Latino students and families for success through academic and life enrichment programs.

Activities or mission (Part I)

To support Latin students and their families by providing a comprehensive support system through tutoring, mentoring and resources that promote academic, physical and personal growth.

  • Afterschool: LaAmistad's core program served 363 students across 13 locations in four metro Atlanta school districts. Through homework help, reading remediation, and math support, students improved 147% in Math Fact Fluency and 175% in Reading Fluency. Students targeted for additional interventions with a Reading Specialist gained an average of 31% improvement in reading levels while non-target students grew 34% by the end of the school year. With 3 dedicated staff (including at least 1 bilingual team member) and an average of 5 volunteers serving at every location each day, student/tutor ratio averaged 2.7:1 during the 1865 programming hours delivered in FY25. Every student also engaged in 5 structured STEM projects totaling 97.5 hours of STEM enrichment.

    Expenses $1,376,721

  • Adult Education: LaAmistad continues to offer ESL (English for Successful Living) as a core focus of its service to adults learning English. 341 students completed varying levels of English classes with an average final exam grade of 91.6%. In addition to ESL, 97 classes and 6 workshops were delivered in Spanish varying topics (nutrition/wellness, financial literacy, Know your Rights, personal/professional development) to educate, empower and inform the community.

    Expenses $270,538 · Revenue $16,452

  • Animate: LaAmistad's Summer Academy served 128 students five days per week during the month of June to bolster learning and stem the summer slide that greatly affects English language learners. Students demonstrated 63% growth in math and 58% in reading over four weeks based on assessments administered at the beginning and end of camp. Returning to our 2 campus model this year, LaAmistad students received daily meals, snacks, and transportation at both sites with volunteers giving 2,668 hours in support of Animate students. Attendence was 94% and 74 interns, counselors and additional staff supported academic and recreational activities that included cultural projects (dance, art), sports (tennis, swimming, soccer), and emotional learning activities every day of programming at our host locations, Pace Academy and the Paideia School.

    Expenses $244,814

  • Other programs include Birth to Five and Alumni.Birth to Five: LaAmistad's newest initiative served 28 children and 26 parents/caregivers through a curriculum adapted to be responsive (culturally and linguistically) in partnership with clinicians and researchers from the Marcus Autism Center, Emory University, and Children's Healthcare of Atlanta. The evidence-based strategies and interventions were delivered by a bilingual speech-language pathologist and focused on fostering early literacy and communication skills, ensuring bilingual children start school ready to succeed. The innovative program focuses on 1) Motivation & Empowerment: Helping caregivers understand their role in fostering literacy in both Spanish and English; 2) Education & Tools: Equipping parents with strategies to support early language development; 3 )Practical Application: Modeling how caregivers can integrate literacy activities into daily routines; 4) Community Building: Connecting caregivers with others raising children of similar ages; and 5) Highlighting the importance of early screening for potential language/communication delays.Alumni: To track long-term program outcomes and extend its impact on its youth, LaAmistad entered its 2nd official year serving middle and high school students focused on academic support, personal and professional development, and college and career readiness. Highlights included campus tours at Emory University and University of Georgia, career exploration with Comcast and MailChimp, cultural exposure at the High Museum and the Fox Theatre, continued mentorship through a curated partnership with Big Brothers Big Sisters, participation in the Latino College and Career Fair, and enrichment outings that included fishing in Helen, GA and Atlanta Sky Hawks basketball games. 191 active alumni were served through both educational and enrichment opportunities tailored to stakeholder feedback. Community Engagement: LaAmistad participated in 29 major community resource and volunteer engagement events and hosted a Spring Fair at the LaAmistad Community Center, resulting in 100 hours of direct community contact in FY25.

    Expenses $223,240 · Revenue $15,766

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Wilheem Perez

    Chair

    Total calculated
    $0
    Hours/week
    3
  • Nicholas P Smith

    Vice Chair

    Total calculated
    $0
    Hours/week
    2
  • Marissel Vazquez

    Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Javier Becerra

    Secretary

    Total calculated
    $0
    Hours/week
    2
  • Ed Easterlin

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Jeffery Pope

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Polly Van Duser

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Eva Zamaripa

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Brendalee Cranman

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Ana Galindo

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Leslie De Lara Luck

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Catrina McAfee

    Executive Director

    Total calculated
    $152,449
    From this org
    $135,793
    From related orgs
    $0
    Other
    $16,656
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $120,493
    Bonus
    $15,300
    Other
    $0
    Deferred
    $600
    Nontaxable benefits
    $16,056
    Filer's total
    $152,449
  • Randy Maner

    Finance Director

    Total calculated
    $64,733
    From this org
    $61,522
    From related orgs
    $0
    Other
    $3,211
    Hours/week
    20

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
6 May 2026
IRS schema version
2024v5.5
Source object
202601329349305835

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