Skip to content
Nonprofiteer
← CORAZON LATINO INC

Form 990 for tax year 2023

Filed by CORAZON LATINO INC.

Totals

Total revenue
$1,060,585
Total expenses
$1,147,521
Contributions and grants received
$1,060,523
Grants paid
$0
Program service revenue
$0
Investment income
$62
Other revenue
$0
Total assets, end of year
$119,211
Total liabilities, end of year
$161,484
Net assets or fund balances, end of year
-$42,273
Program services expenses (Part IX)
$1,059,220
Management and general expenses
$88,301
Fundraising expenses
$0
Program service expenses (Part III)
$1,059,220

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.

  • 1e · Government grants (contributions)

    $820,919

  • 1f · All other contributions, gifts and grants

    $239,604

  • 3 · Investment income

    total $62 · excluded $62

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $250,168 · program services $250,168

  • 10 · Payroll taxes

    total $83,583 · program services $83,583

  • 11b · Fees: legal

    total $82,773 · management and general $82,773

  • 11g · Fees: other

    total $123,511 · program services $123,511

  • 12 · Advertising and promotion

    total $20,526 · program services $20,526

  • 13 · Office expenses

    total $250,640 · program services $250,640

  • 14 · Information technology

    total $9,147 · program services $9,147

  • 16 · Occupancy

    total $17,006 · program services $17,006

  • 17 · Travel

    total $90,180 · program services $90,180

  • 19 · Conferences, conventions and meetings

    total $48,238 · program services $48,238

  • 20 · Interest

    total $19,380 · program services $19,380

  • 23 · Insurance

    total $5,528 · management and general $5,528

  • 24a · Other expenses: OWNER'S PAY & PERSONAL

    total $132,288 · program services $132,288

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $14,138 · program services $14,138

  • 24e · All other expenses

    total $415 · program services $415

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $27,010 · end of year $22,142

  • 4 · Accounts receivable

    beginning of year $43,000 · end of year $89,000

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

    $8,069

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $8,069 · end of year $8,069

  • 17 · Accounts payable and accrued expenses

    beginning of year $78,461 · end of year $120,684

  • 25 · Other liabilities

    beginning of year $40,800 · end of year $40,800

  • 27 · Net assets without donor restrictions

    beginning of year -$41,182 · end of year -$42,273

Mission and programs · 2023

Mission

CORAZN LATINO IS A NATIONAL NON-PROFIT ORGANIZATION THAT SEEKS TO GENERATE SOCIAL, ENVIRONMENTAL, AND CONSERVATION INITIATIVES THAT FOSTER NATURAL RESOURCE STEWARDSHIP. CORAZN LATINO MOBILIZES THE PASSION, LOVE, UNITY, SOLIDARITY, AND RESOURCES OF INDIVIDUALS, COMMUNITIES, ORGANIZATIONS, AND GOVERNMENT ENTITIES TO ADVANCE THE COMMON GOOD.

Activities or mission (Part I)

CORAZON LATINO IS A NATIONAL NON-PROFIT ORGANIZATION THAT SEEKS TO GENERATE SOCIAL, ENVIRONMENTAL, AND CONSERVATION INITIATIVES THAT FOSTER NATURAL RESOURCE STEWARDSHIP. CORAZN LATINO MOBILIZES THE PASSION, LOVE, UNITY, SOLIDARITY, AND RESOURCES OF INDIVIDUALS, COMMUNITIES, ORGANIZATIONS, AND GOVERNMENT ENTITIES TO ADVANCE THE COMMON GOOD.

  • PROGRAM SERVICES RELATED TO: DESCUBRE EL BOSQUE, EXTENDIENDO RAMAS, AND HEALTH FOREST HEALTHY PEOPLE.

    Expenses $1,059,220

  • SEE SCHEDULE O

  • SEE SCHEDULE O

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Adrianna Quintero

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Benjamin Monterroso

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Joel Segal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Melissa Vargas

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Roberto Alcazar

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Felipe Benitez

    EXECUTIVE DIRECTOR

    Total calculated
    $140,000
    From this org
    $140,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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
2023
Filed
18 March 2025
IRS schema version
2023v6.0
Source object
202500789349300500

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.