LATIN AMERICANS FOR SOCIAL AND ECONOMIC DEVELOPMENT INC

DETROIT, MI, 48209-2145 (313) 554-2025 Est. 1969 EIN 38-1892670

990 - Public charity return 501(c)(3)

Mission

LATIN AMERICANS FOR SOCIAL AND ECONOMIC DEVELOPMENT, INC. PROVIDES VARIOUS SOCIAL SERVICES TO THE RESIDENTS OF SOUTHWESTERN DETROIT

Total Revenue

$1,245,465

Total Expenses

$1,253,348

Net Assets

$1,850,853

37 employees 32 volunteers

From latest filing (tax period ending 2024-12-31)

Operating Reserve

17.7 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 4.2%

Expenses ↑ 15.4%

Revenue Sources

Contributions 87.9% Earned revenue 2.9% Investment 0.3% Other 9.0%

Expense Breakdown

Program 97.1% Management 2.9%

Sign up free to see all officers. Individual compensation is available on Grow plans.

Looking for funders for your nonprofit? Sign up free to find foundations open to applications.

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$1,245,465 ↑	$1,253,348	$1,850,853
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$1,195,113 ↓	$1,086,072	$1,858,670
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$1,251,971 ↑	$1,005,732	$1,749,629
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$846,361	$783,401	$1,497,281