Overview
What is The Latina Circle Inc?
The Latina Circle Inc is a Boston-based nonprofit organization with a mission to empower the Latinx community. They have established a network of 4,500 Latinx leaders, 200 cross-sector partners, and over 150 Latinx businesses, fostering civic leadership and small business growth through their programs. In 2020, they nominated numerous Latinx leaders for leadership roles, organized workshops and conferences, showcased 50 Latinx leaders, and advocated for resources for the Latinx community. During the pandemic, they expanded their PowerUp Business Program with virtual education, grant funding, and application support for Latinx businesses. They also launched the Latino Business Resilience Program, offering technical assistance and coaching. In total, they generated 85,000 in contributions for the PowerUp Program, demonstrating their commitment to bolstering Latinx economic and political power.
Official website here: www.amplifylatinx.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Star rating
The Latina Circle Inc has achieved a commendable 93% rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization scored 83% overall, with an impressive 92% in accountability and finance and a perfect 100% in culture and community. This high rating signifies effective financial oversight and a commitment to transparency, demonstrating that the organization manages its resources responsibly.
One of the notable strengths of The Latina Circle Inc is its governance structure, featuring a fully independent board with 90% of its members independent. The organization also excels in various operational metrics, including its program expense ratio of 71.33%, which indicates a significant portion of funds is directed towards its mission-driven programs. Their exceptional feedback mechanisms ensure that they not only collect but also actively utilize feedback from stakeholders, further enhancing their community engagement and responsiveness.
While the charity's data shows robust financial health and operational practices, specific limitations were not highlighted in the available data. Overall, The Latina Circle Inc proves to be a reliable choice for donors looking for an organization that values accountability, community involvement, and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is The Latina Circle Inc legitimate?
The Latina Circle Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Latina Circle Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $95,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,457
For more financial information, click here
Official website here: www.amplifylatinx.com
What is the mission statement of The Latina Circle Inc?
The Latina Circle Inc's mission is centered around enhancing the economic and political power of the Latino community. They aim to achieve this by significantly increasing Latino civic engagement, economic opportunities, and leadership representation across various sectors. The organization has successfully built a network of over 4,500 Latino leaders, 200 cross-sector partners, and over 150 Latino businesses. In 2020, they nominated over 100 Latino leaders for various boards, hosted numerous online workshops on topics impacting the Latino community, featured 50 prominent Latino leaders, and advocated for increased funding and resources for the Latino community. The organization also expanded its PowerUp Business Program during the COVID-19 pandemic, providing grant application support to over 75 Latino businesses. Additionally, they launched the Latino Business Resilience Program, offering hands-on technical assistance and business coaching to prepare Latino businesses for capital access and contracting opportunities.
Official website here: www.amplifylatinx.com
Who is the CEO of The Latina Circle Inc?
Eneida Roman is the Executive Di of The Latina Circle Inc.
Official website here: www.amplifylatinx.com
What is the revenue of The Latina Circle Inc?
The Latina Circle Inc's revenue in 2021 was $1,080,184.
Official website here: www.amplifylatinx.com
Who are the executives of The Latina Circle Inc and what are their salaries?
The average compensation at The Latina Circle Inc during 2021 was $60,486. There are 3 employees and 50 volunteers at The Latina Circle Inc.
Here are 10 key members and their salaries:
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Official website here: www.amplifylatinx.com
Where can I find the form 990 for The Latina Circle Inc?
The Latina Circle Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.amplifylatinx.com
Learn more at the official website: www.amplifylatinx.com
Mission Statement of The Latina Circle Inc
The Latina Circle Inc is dedicated to building Latinx economic and political power. They aim to achieve this by significantly increasing Latinx civic engagement, economic opportunities, and leadership representation across various sectors. The organization has been successful in establishing a network of over 4,500 Latinx leaders, 200 cross-sector partners, and over 150 Latinx businesses that participate in their civic leadership and small business programming.
In 2020, The Latina Circle Inc took several initiatives to further their mission. They nominated over 100 Latinx leaders for various boards, commissions, elected offices, and executive leadership positions. Additionally, they hosted numerous online workshops, forums, and conferences on topics affecting the Latinx community in Massachusetts. The organization also featured 50 Latinx leaders in visibility campaigns and advocated for increased funding and resources for the Latinx community.
During the COVID-19 pandemic, The Latina Circle Inc expanded their PowerUp Business Program to include virtual educational programming, grant funding, and application support for over 75 Latinx businesses. They also launched the Latinx Business Resilience Program, which offers hands-on technical assistance, business coaching, and networking opportunities to prepare Latinx businesses for capital access and contracting opportunities. In 2020, The Latina Circle Inc generated 85,000 in contributions for their PowerUp Program. The organization's mission and initiatives are centered around empowering the Latinx community and fostering economic and political growth.
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Impact
July, 2024
The Latina Circle Inc has made a significant impact on building Latinx economic and political power by increasing civic engagement, economic opportunity, and leadership representation across sectors. The organization has successfully built a network of 4,500 Latinx leaders, 200 cross-sector partners, and over 150 Latinx businesses that actively participate in its civic leadership and small business programs.
In 2020, The Latina Circle Inc nominated over 100 Latino leaders for government boards, commissions, elected office, and executive leadership roles. They also hosted 35+ online workshops, forums, and conferences focusing on topics impacting the Latino community in Massachusetts, featured 50 Latinx leaders in visibility campaigns, and advocated for increased funding and resources for the Latino community.
Furthermore, the organization expanded its PowerUp Business Program to include virtual educational programming, grant funding, and grant application support for over 75 Latino businesses during the COVID-19 pandemic. The Latina Circle Inc also launched its Latino Business Resilience Program, which provides hands-on technical assistance and business coaching to help Latino businesses prepare for capital access and expand their social networks and contracting opportunities.
Overall, The Latina Circle Inc's efforts have generated $85,000 in contributions for the PowerUp Program and have played a crucial role in empowering Latinx individuals and businesses in Boston, Massachusetts.
This information is meant to be a general summary of The Latina Circle Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Gross Receipts: $1,080,184
Assets and Liabilities:
- Total Assets: $763,819
- Total Liabilities: $13,333
- Net Assets: $750,486
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Organization Details
Founding Year
2018
Phone
(617) 256-5835Principal Officer
Eneida Roman
Main Address
200 PORTLAND STREET STE 500, BOSTON, MA, 02114
Website
www.amplifylatinx.comNTEE Category
Code: S81 - Community improvement
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