2023-10-26T18:49:25-05:00 2022-12-31 364824950 MM & COMPANY LLP 1 MACARTHUR PLACE 500 SANTA ANA CA 92707 990 2022-01-01 460649020 LATINO BUSINESS ACTION NETWORK INC LATI 2819891996 297 COMMERCIAL ST SAN JOSE CA 95112 ARTURO CAZARES CEO 2819891996 2023-10-26 1 ARTURO CAZARES 999009999 0 MICHELLE MCDUFFIE P00334122 9494847990 2023-10-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ARTURO CAZARES 297 COMMERCIAL ST SAN JOSE CA 95112 2061825 0 X N/A X 2012 CA 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. 10 9 6 9 0 0 2853041 1613134 173593 436033 235 1658 3100 11000 3029969 2061825 0 0 0 0 580780 1023957 0 0 107178 1378382 1355705 1959162 2379662 1070807 -317837 3224574 3149162 229033 329198 2995541 2819964 X 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. 0 0 783345 436033 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. 361201 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. 741815 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. 11000 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 11000 1886361 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 1 6 1 1 1 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X JOHN SHELDON 2149574113 3302 FAR VIEW DRIVE AUSTIN TX 78730 DR JERRY PORAS CHAIRMAN EMERITUS 10.00 X X 0 0 0 VICTOR ARIAS JR CHAIRMAN 10.00 X X 0 0 0 SOL TRUIJILLO BOARD MEMBER 2.00 X 0 0 0 ROSA SANTANA BOARD MEMBER 2.00 X 0 0 0 PROF PAUL OYER BOARD MEMBER 2.00 X 0 0 0 MONIKA MANTILLA BOARD MEMBER 2.00 X 0 0 0 PHILLIP POMPA BOARD MEMBER 4.00 X 0 0 0 RAUL SALINAS BOARD MEMBER 2.00 X 0 0 0 ALICE RODRIGUEZ BOARD MEMBER 2.00 X 0 0 0 ARTURO CAZARES CEO 40.00 X X 229167 0 20824 JENNIFER GARCIA COO 40.00 X 234566 0 25251 ELIAN SAVODIVKER DIRECTOR OF ENGAGEMENT 40.00 X 141762 0 13759 LUCIA GONZALEZ SR PROGRAM MANAGER/DIRECTOR 40.00 X 130000 0 10087 735495 0 69921 4 0 0 0 QUALTRICS LLC 2250 N UNIVERSITY PKWY 48-C PROVO UT 84604 SURVEY FIELDING - DATA COLLECTION 270000 STANFORD EXECUTIVE EDUCATION 655 KNIGHT WAY OFFICE OF EXECUTIVE STANFORD CA 94305 INITIATIVE EDUCATION - SCALING PROGRAM 266000 2 1613134 1613134 EVENT & CLASS 611430 436033 436033 436033 1658 1658 OTHER REVENUE 611710 11000 11000 11000 2061825 447033 0 1658 X 219167 149033 41642 28492 591522 554609 36913 160311 120917 26429 12965 52957 39943 8731 4283 12608 12230 378 189300 184440 4860 8371 7610 761 28450 21466 4950 2034 31831 27040 4411 380 66554 1639 64915 74478 72729 820 929 185838 185664 87 87 4124 4124 3434 2477 678 279 5274 1902 3158 214 EDUCATION FEES 274755 274755 SURVEY COSTS FOR RESEAR 272503 272503 PRODUCTION AND CONTENT 88300 88300 PROGRAM PROMOTION 71185 71185 38700 2199 21898 14603 2379662 1886361 386123 107178 3088675 1835616 100219 1101343 22333 188766 6321 11681 32485 27296 7026 5189 0 6567 3224574 3149162 79033 180424 150000 148774 229033 329198 X 2448208 2739964 547333 80000 2995541 2819964 3224574 3149162 -317837 142260 0 X 0 1 X 0 0 X 1073775 1952236 1205353 2853041 1613134 8697539 142260 142260 1073775 1952236 1205353 2853041 1755394 8839799 14859 8824940 314 613 316 235 1658 3136 3100 11000 14100 8857035 0.99640 0.99940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 3 0 0 80000 2739964 80000 2739964 0 1 32485 27296 5189 5189 EIDL 148774 148774 X 2204085 142260 142260 2061825 0 2061825 2379662 0 2379662 0 2379662 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND DONATIONS QUALIFY FOR CHARITABLE CONTRIBUTION DEDUCTIONS UNDER SECTION 170(B)(1)(A). X 0 0 0 0 0 0 0 0 0 ARTURO CAZARES CEO 219167 0 10000 0 0 0 0 0 20824 0 249991 0 0 0 JENNIFER GARCIA COO 195503 0 39063 0 0 0 0 0 25251 0 259817 0 0 0 ELIAN SAVODIVKER DIRECTOR OF ENGAGEMENT 134262 0 7500 0 0 0 0 0 13759 0 155521 0 0 0 X PROFESSIONAL SERVICES 12 85200 X OFFICE RENT 12 54060 X ADVERTISING 12 3000 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B RETURN IS REVIEWED BY BOTH THE EXECUTIVE DIRECTOR/CEO AND BOARD PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C THE BOARD ANNUALLY REVIEWS ALL POTENTIAL CONFLICTS AT THEIR REGULAR BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS THE INFORMATION FROM PROSPECTIVE CANDIDATES SUBMITTED BY THE SEARCH FIRM AND INTERVIEWS THE CANDIDATES. THE BOARD REVIEWS AND APPROVES ALL COMPENSATION MATTERS FOR THE OFFICERS, MANAGEMENT, AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 ALL REQUIRED FORMS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: MANAGEMENT AND GENERAL EXPENSES 157,140. FUNDRAISING EXPENSES 4,860. TOTAL EXPENSES 162,000. AUDIT FEES: MANAGEMENT AND GENERAL EXPENSES 27,300. TOTAL EXPENSES 27,300. FORM 990, PART IX, LINE 24E BUSINESS DEVELOPMENT AND ADVISORY SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 20,855. FUNDRAISING EXPENSES 645. TOTAL EXPENSES 21,500. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 2,199. MANAGEMENT AND GENERAL EXPENSES 1,043. FUNDRAISING EXPENSES 13,958. TOTAL EXPENSES 17,200.