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Nonprofit · EIN 46-0649020

LATINO BUSINESS ACTION NETWORK INC

Also known as LBAN

Tax-exempt · SAN JOSE, CA 95112

Financials

$3.3M$2.7M2023$4.4M$2.8M2024
Revenue Expenses · by fiscal year end
Financials of LATINO BUSINESS ACTION NETWORK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,421,278$2,838,589$1,582,689$5,852,618$514,698$5,337,920
December 31, 2023990$3,260,790$2,666,844$593,946$3,960,257$404,087$3,556,170
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,734,404
Program service revenue
$655,902
Investment income
$29,451
Other revenue
$1,521

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$276,500
Other salaries and wages
$781,963
Salaries, compensation and benefits (total)
$1,386,703
Professional fundraising fees
$0
Accounting fees
$20,244
Occupancy
$82,904
Travel
$149,133
Depreciation
$5,722
Program services (functional)
$2,273,292
Management and general (functional)
$426,139
Fundraising (functional)
$139,158

Balance sheet and other

Total assets, start of year
$3,960,257
Total assets, end of year
$5,852,618
Total liabilities, end of year
$514,698
Net assets, end of year
$5,337,920
Land, buildings and equipment
$13,753
Net assets without donor restrictions
$3,775,301
Net assets with donor restrictions
$1,562,619
Gross receipts
$4,421,278
Employees
5
Volunteers
10
Year formed
2012
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ARTURO CAZARESCEO
Trustee or director, Officer
40$276,500$26,152
JENNIFER GARCIACOO
Highest-paid employee
40$245,731$27,337
ELIAN SAVODIVKERDIRECTOR OF ENGAGEMENT
Highest-paid employee
40$197,500$16,077
LUCIA GONZALEZSR PROGRAM MANAGER/DIRECTOR
Highest-paid employee
40$137,066$10,919
ANELISA LAURISR PROGRAM MANAGER/DIRECTOR
Highest-paid employee
40$103,795$9,344
VICTOR ARIAS JRCHAIRMAN
Trustee or director, Officer
10$0$0
GEORGE FOSTERCO-FACULTY DIRECTOR
Trustee or director
2$0$0
ALICE RODRIGUEZBOARD MEMBER
Trustee or director
2$0$0
GUILLERMO DIAZBOARD MEMBER
Trustee or director
2$0$0
MONIKA MANTILLABOARD MEMBER
Trustee or director
2$0$0
RAUL SALINASBOARD MEMBER
Trustee or director
2$0$0
ROSA SANTANABOARD MEMBER
Trustee or director
2$0$0
SOL TRUIJILLOBOARD MEMBER
Trustee or director
2$0$0
PHILLIP POMPABOARD MEMBER
Trustee or director, Officer
2$0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
ARTURO CAZARESCEO
Trustee or director, Officer
40$270,000$23,194
JENNIFER GARCIACOO
Highest-paid employee
40$244,642$27,157
ELIAN SAVODIVKERDIRECTOR OF ENGAGEMENT
Highest-paid employee
40$155,937$14,708
LUCIA GONZALEZSR PROGRAM MANAGER/DIRECTOR
Highest-paid employee
40$147,600$11,014
VICTOR ARIAS JRCHAIRMAN
Trustee or director, Officer
10$0$0
DR JERRY PORRASCHAIRMAN EMERITUS, FOUNDER & VISIONARY
Trustee or director, Officer
10$0$0
PHILLIP POMPATREASURER
Trustee or director, Officer
4$0$0
GEORGE FOSTERCO-FACULTY DIRECTOR
Trustee or director
2$0$0
ALICE RODRIGUEZBOARD MEMBER
Trustee or director
2$0$0
GUILLERMO DIAZBOARD MEMBER
Trustee or director
2$0$0
MONIKA MANTILLABOARD MEMBER
Trustee or director
2$0$0
RAUL SALINASBOARD MEMBER
Trustee or director
2$0$0
ROSA SANTANABOARD MEMBER
Trustee or director
2$0$0
SOL TRUIJILLOBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
297 COMMERCIAL ST, SAN JOSE, CA 95112-4402
In care of
% PHIL POMPA
Mailing address (990-N for 2012)
PO Box 18803, Stanford CA 94309
Principal officer (990 for 2024)
ARTURO CAZARES, 297 COMMERCIAL ST, SAN JOSE, CA 95112
Principal officer (990-N for 2012)
Phil Pompa, 8113 Amelia Cove, Austin TX 78750
Signed the 990
ARTURO CAZARES, CEO
Phone
(281) 989-1996
Return prepared by
MM & COMPANY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 46-0649020 or by the name LATINO BUSINESS ACTION NETWORK INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE LATINO BUSINESS ACTION NETWORK (LBAN) IS A NONPROFIT ENTREPRENEURSHIP ORGANIZATION BASED IN SAN JOSE, CALIFORNIA. THEIR PURPOSE IS TO STRENGTHEN THE UNITED STATES BY IMPROVING THE LIVES OF LATINOS.

990 for the year ended December 31, 2024

Program accomplishments

  • EDUCATION PROGRAM: LBAN'S SIGNATURE PROGRAM IS THE SLEI-ED BUSINESS SCALING PROGRAM. THE 8-WEEK PROGRAM AT STANFORD UNIVERSITY IS A UNIQUELY TRANSFORMATIVE EXPERIENCE FOR LATINO OWNERS OF GROWING BUSINESSES.
    Expenses $1,013,403 · revenue $655,902
  • RESEARCH: LBAN PARTNERS WITH STANFORD UNIVERSITY GRADUATE SCHOOL OFBUSINESS TO LEAD AND SUPPORT GROUNDBREAKING RESEARCH THROUGH SLEIRESEARCH. THIS EXPLORES AND EXPANDS THE KNOWLEDGE OF LATINOENTREPRENEURSHIP ACROSS THE UNITED STATES.
    Expenses $447,737
  • ECOSYSTEM DEVELOPMENT: LBAN IS BUILDING AN EMPOWERING NATIONALECOSYSTEM OF LATINO ENTREPRENEURSHIP. THE FOUNDATION OF THE ECOSYSTEMIS THE HUNDREDS OF GRADUATES OF OUR BUSINESS SCALING PROGRAM WITH ASHARED MINDSET FOR GROWTH AND MUTUAL SUPPORT. ADDITIONALLY, THEECOSYSTEM INCLUDES NETWORKS OF MENTORS, CAPITAL PROVIDERS, ANDCORPORATE CONTACTS.
    Expenses $812,152
  • SUSTAINABILITY THE ORGANIZATION FUNDS DEVELOPMENT, PRODUCTION, AND CONTINUATION OF THE MOST ROBUST RESEARCH IN THE US ON THE STATE OF LATINO ENTREPRENEURSHIP ALONG WITH AND ORGANIZATION AUGMENTED STANFORD-BASED ONLINE EDUCATIONAL PROGRAM ASSISTING LATINO ENTREPRENEURS EFFECTIVELY SCALE THEIR COMPANIES AND DEVELOPMENT OF A NATIONAL ECOSYSTEM OF SCALED LATINX FIRMS ACROSS THE US.
    revenue $1,521

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0649020
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,852,618
Income (IRS master file)
$4,421,278

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,421,278$2,838,589$5,852,618IRS
990December 2023$3,260,790$2,666,844$3,960,257XML
990December 2022$2,061,825$2,379,662$3,149,162IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2012
Officer: Phil Pompa
December 31, 2012≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-0649020).

Questions about LATINO BUSINESS ACTION NETWORK INC

What is the EIN of LATINO BUSINESS ACTION NETWORK INC?
The employer identification number (EIN) of LATINO BUSINESS ACTION NETWORK INC is 46-0649020.
Is LATINO BUSINESS ACTION NETWORK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to LATINO BUSINESS ACTION NETWORK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LATINO BUSINESS ACTION NETWORK INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LATINO BUSINESS ACTION NETWORK INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LATINO BUSINESS ACTION NETWORK INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LATINO BUSINESS ACTION NETWORK INC?
The 990 for the year ended December 31, 2024 names ARTURO CAZARES.
Who are the officers and directors of LATINO BUSINESS ACTION NETWORK INC?
The 990 for the year ended December 31, 2024 lists 14 people; 5 received compensation from the organization, the highest $276,500 (ARTURO CAZARES, CEO).
How much revenue does LATINO BUSINESS ACTION NETWORK INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,421,278, expenses of $2,838,589 and total assets of $5,852,618 at year end.

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