2024-01-31T10:38:59-08:00 2023-06-30 844908150 Finance Pals 5699 S Cedarwood Rd Greenwood Village CO 80121 990 2022-07-01 862053658 Latino Leadership Institute LATI PO Box 247 Littleton CO 80160 Harry Hollines Secretary 2024-01-31 true Harry Hollines 999009999 true Deborah L Oster P00969505 3038688980 X 0 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Joelle Martinez PO Box 247 Littleton CO 80160 1238695 false X latinoslead.org X 2021 CO By 2050, Latinos will comprise nearly 30% of the US population. Today and in the future, the demographic destiny of the U.S. will be characterized by the growing Latino population. In fact, Latinos have an impact in all aspects of life. We advance Latinos to positions of influence and power through cross-sector leadership development, entrepreneurship support and the activation of our national Latino professional network. By unlocking the full potential of Latino leaders through access to technical and social capital, we will reach our goal of successfully building power, driving change, and generating wealth. 8 8 8 0 880809 1082298 145896 152072 3857 1915 468 1028620 1238695 0 0 693867 790641 27300 2571 24174 202906 333878 924073 1127090 104547 111605 471014 467391 254789 166667 216225 300724 By 2050, Latinos will comprise nearly 30% of the US population. Today and in the future, the demographic destiny of the U.S will be characterized by the growing Latino population. In fact, Latinos have an impact in all aspects of life. We advance Latinos to positions of influence and power through cross-sector leadership development, entrepreneurship support and the activation of our national Latino professional network. By unlocking the full potential of Latino leaders through access to technical and social capital, we will reach our goal of successfully building power, driving change, and generating wealth. false false 581087 511461 101223 LEAP launched and completed its inaugural cohort which launched in July 2022 and concluded in June 2023. We achieved several of our initial key objectives including the following as we continue to track against our long term desired outcomes: 1.The program launched and graduated nine (9) Latino and BIPOC entrepreneurs with the following representation: a)4 Female-led companies and 5 Male-led companies; b)7 entrepreneurs that identify as Latino and 2 that identify as Black; c)2 pre-revenue companies, 2 companies generating between $50,000 and $100,000 ARR, 3 companies generating between $100,000 and $250,000 ARR, 1 company generating between $500,000 and $1,000,000, and 1 company generating above $1,000,000 ARR; and d)2 services companies (DEI and Mental Health), 3 tech or tech-enabled companies (EdTec, Legal and Wellness), 1 agriculture company (Farming and Food sustainability), 1 product company (Jewelry manufacturer) and 1 construction company (Flood Mitigation). 2.Each entrepreneur was assigned a formal advisory board of 4-5 advisors that meet individually on a monthly basis and collectively on a quarterly basis; 3.The program included subject matter experts, thought leaders and an expert speaker series that covered a range of key business topics including Mastery of Financial Statements, Sales Best Practices and Neuroscience-based Leadership. oWith the completion of inaugural cohort, we will continue to monitor and support the entrepreneurs to achieve the longer term outcomes of growth and scale include: 1.100% revenue increase within the next 2-3 years; and 2.50% increase in the size of the workforce. 3.As an early indicator, within 6 months of program completion, we have 1 entrepreneur that has increased revenue and profit by 50%. 342459 40000 238516 Ignite was developed after years of research and work with Latino professionals across all sectors and industries to reflect the deep richness and cultural diversity of the Latino community. It meets individuals where they are in their unique leadership journey. Based and rooted in Neuroscience, Ignite provides the foundation for helping individuals better understand how they think, so they acknowledge how they feel, and ultimately tap into how they can become more effective leaders. Beyond the technical support that Ignite offers, individuals also cultivate meaningful relationships with other Latino professionals who can relate to their unique leadership journey and support them along the way. Ignite has support over 500 Latino professionals, educators, community leaders and elected officials by providing opportunities to explore identify, build confidence, develop executive decision making techniques, and create a framework for advancement driven by values and goals. Ignite graduates are represented in decision making positions in mid-management to senior executive leadership. The cultural connections made through Ignite amply the overall professional and personal experience. 5071 13556 LLIs inclusive leadership training, Insight to Inclusive Leadership, was developed with a neuroscience lens and grounded in history and context that prepares leaders for the diverse workplace. To date, LLI has supported over 300 organizational leaders with this transformational program. Insight to Inclusive Leadership examines how our brains have been uniquely shaped by our experiences, emotions, relations and society. This neuroscience lens, ground in history and context, is the foundation for helping individuals better understand how they think, so they can acknowledge how they feel, and ultimately tap into how they can become more inclusive leaders. Insight to Inclusive Leadership is collaborative in nature and designed for organizations to see the opportunities and advantages of diverse and inclusive leadership and organizational cultures. 928617 true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 5 0 true 8 true false false false false false false false 0 false false false false false false false X 8 8 false false false false false false false true true false false true true true true true true true true false CO X X Joelle Martinez 7207986112 PO Box 247 Littleton CO 80160 Joelle Martinez CEO 50.00 0.00 X 167382 0 0 Aliena Martinez COO 40.00 0.00 124470 0 0 Harry Hollines Chief Strategy Officer 40.00 0.00 123068 0 0 Sibito Morley Chairman 2.00 0.00 X 0 0 0 Sandi Mays Director 2.00 0.00 X 0 0 0 Mark Goodman Director 2.00 0.00 X 0 0 0 Diane Garcia Director 2.00 0.00 X 0 0 0 Zach Portilla Rodriguez Director 2.00 0.00 X 0 0 0 Tonette Salazar Chairman 2.00 0.00 X 0 0 0 Peter Villegas Secretary 2.00 0.00 X 0 0 0 414920 3 false true false 0 1082298 1082298 Ignite 611430 138516 138516 Insight 2 Inclusion 611430 13556 13556 152072 3857 3857 0 0 0 0 0 0 0 Other Misc Revenue 900099 468 468 468 1238695 156397 0 0 0 0 414920 371143 43777 0 266491 205380 61111 0 58346 58346 50884 43604 7280 18821 18821 0 1342 1342 0 2571 2571 0 0 6252 6252 829 829 2580 720 1860 0 668 668 511 511 1066 1066 0 0 0 0 4615 4615 Program Expenses 230668 229291 360 1017 Bad Debt 34848 34848 Event Expense 20790 454 20336 Misc Business Expenses 2764 2764 8124 1312 6562 250 1127090 928617 174299 24174 77994 141576 250240 141728 10175 0 126175 184087 0 0 0 0 6430 0 0 0 0 0 0 0 471014 467391 1056 3733 250000 166667 254789 166667 X 215758 300724 467 216225 300724 471014 467391 111605 -27106 X true X false true false X 880808 1082296 1963104 145897 152072 297969 0 0 0 1026705 1234368 2261073 0 0 2261073 0 0 0 0 1026705 1234368 2261073 X 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false Joelle Martinez CEO 167382 167382 Form 990, Part VI, Section B, Line 11b All members of the governing body of the organization were provided a draft copy of the 990 filing via email, and asked to provide feedback within one week of receipt. Any feedback or changes are reviewed by the governing body and any appropriate changes are made. Form 990, Part VI, Section B, Line 12c The organization asks board members annually to update any conflicts of interest in writing. Form 990, Part VI, Section B, Line 15a The compensation of the Executive Director is determined by the Board of Directors and reviewed on an annual basis. The board utilizes salary surveys to compare the compensation of executives against other similar organizations. Form 990, Part VI, Section C, Line 19 All governing and financial documents will be made available upon request.