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Nonprofit · EIN 87-1608004

LATINO RESTAURANT ASSOCIATION FOUNDATION

Tax-exempt (reinstated) · LOS ANGELES, CA 90071

Financials

$419K$591K2023$330K$388K2024
Revenue Expenses · by fiscal year end
Financials of LATINO RESTAURANT ASSOCIATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$329,632$387,996-$58,364$23,553$0$23,553
December 31, 2023990$419,372$590,752-$171,380$81,917$0$81,917
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$175,417
Program service revenue
$154,215
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$74,576
Compensation of officers, directors and key employees
$143,077
Salaries, compensation and benefits (total)
$180,234
Professional fundraising fees
$0
Legal fees
$2,418
Occupancy
$550
Travel
$15,775
Program services (functional)
$74,576
Management and general (functional)
$313,420

Balance sheet and other

Total assets, start of year
$81,917
Total assets, end of year
$23,553
Total liabilities, end of year
$0
Net assets, end of year
$23,553
Net assets without donor restrictions
$23,553
Gross receipts
$329,632
Employees
0
Year formed
2021
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 / weekCompensation
LILLY ROCHAExecutive Dir.
Officer
40$143,077
LUCY THOMPSONDirector
Trustee or director
0.5$0
EDWARD AVISDirector
Trustee or director
0.5$0
CHRISTY VEGADirector
Trustee or director
0.5$0
CLAUDIA BODANTreasurer
Officer
0.5$0
ANDY CARRASCOSecretary
Officer
0.5$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
LILLY ROCHAExecutive Dir.
Officer
40$149,642
LUCY THOMPSONDirector
Trustee or director
0.5$0
EDWARD AVISDirector
Trustee or director
0.5$0
CHRISTY VEGADirector
Trustee or director
0.5$0
ALEX MARQUEZTreasurer
Officer
0.5$0
ANDY CARRASCOSecretary
Officer
0.5$0

Address and contacts

Address (IRS master file)
333 S GRAND AVE STE 3310, LOS ANGELES, CA 90071-1538
In care of
% LILIANA ROCHA
Principal officer (990 for 2024)
LILLY ROCHA, 333 S GRAND AVE 3310, LOS ANGELES, CA 90071
Signed the 990
LILLY ROCHA, Executive Dir.
Phone
(626) 487-9085
Return prepared by
MOORE GRIDER & COMPANY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 87-1608004 or by the name LATINO RESTAURANT ASSOCIATION FOUNDATION.

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

Mission

The Latino Restaurant Association (LRA) champions Latino restaurateurs and small businesses nationwide, ensuring equitable economic growth and fostering vibrant connections within the community. Our members unite to network, market their brands, and innovate their businesses with a commitment to excellence and inclusivity.

990 for the year ended December 31, 2024

Program accomplishments

  • WE SERVED VARIOUS RESTAURANT OWNERS BY PROVIDING THEM WITH OUR EDUCATIONAL FORUMS GEARED TOWARDS RESTAURANT OWNERS.
    Expenses $44,746
  • WE PROVIDED GRANTS TO RESTAURANT OWNERS BASED ON TWO MAIN PROGRAMS (PATIO FURNITURE, DINE LATINO, CHEFMAKER AND ONE ON ONE COUNSELING).
    Expenses $29,830

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
87-1608004
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
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$23,553
Income (IRS master file)
$329,632

Revocation and reinstatement

Exemption revoked
May 15, 2024
Posted by the IRS
August 12, 2024
Reinstated
Effective May 15, 2024

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$329,632$387,996$23,553XML
990December 2023$419,372$590,752$81,917XML

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 87-1608004).

Questions about LATINO RESTAURANT ASSOCIATION FOUNDATION

What is the EIN of LATINO RESTAURANT ASSOCIATION FOUNDATION?
The employer identification number (EIN) of LATINO RESTAURANT ASSOCIATION FOUNDATION is 87-1608004.
Is LATINO RESTAURANT ASSOCIATION FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
Are donations to LATINO RESTAURANT ASSOCIATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LATINO RESTAURANT ASSOCIATION FOUNDATION 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 RESTAURANT ASSOCIATION FOUNDATION 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 RESTAURANT ASSOCIATION FOUNDATION 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 RESTAURANT ASSOCIATION FOUNDATION?
The 990 for the year ended December 31, 2024 names LILLY ROCHA.
Who are the officers and directors of LATINO RESTAURANT ASSOCIATION FOUNDATION?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $143,077 (LILLY ROCHA, Executive Dir.).
How much revenue does LATINO RESTAURANT ASSOCIATION FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $329,632, expenses of $387,996 and total assets of $23,553 at year end.

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