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LATINO ECONOMIC DEVELOPMENT CORPORATION
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LATINO ECONOMIC DEVELOPMENT CORPORATION
Washington, DC, US
•
501(c)3
•
EIN
52-1749216
•
WWW.LEDCMETRO.ORG
•
Regional Funder
LATINO ECONOMIC DEVELOPMENT CORPORATION
Sign up to claim this org
Washington, DC, US
•
501(c)3
•
EIN
52-1749216
•
WWW.LEDCMETRO.ORG
•
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Board & Team
Financials
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Funding
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Grants Received
Grantmaking
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Income Statement
Fiscal Year Start:
Oct 1
Revenues in
2024
$16,455,894
Government Grants
54%
Contributions
41%
Program Services
4%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in
2024
$18,215,229
Grants
43%
Salaries & Benefits
43%
Other
6%
Offices, Occupancy & IT
4%
Fees to Service Providers
2%
Interest
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$6,062,373
$6,739,887
+11%
Government Grants
$12,847,193
$8,929,389
-30%
Fundraising Events
$0
$0
-
Program Services
$604,542
$739,955
+22%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$24,322
$46,663
+92%
Total Revenues
$19,538,430
$16,455,894
-16%
Expenses
2023
2024
Change
Grants
$8,608,310
$7,870,341
-9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,890,742
$7,831,913
+14%
Fees to Service Providers
$431,129
$449,927
+4%
Advertising & Promotion
$120,621
$71,101
-41%
Offices, Occupancy & IT
$810,414
$684,097
-16%
Interest
$36,584
$83,543
+128%
Depreciation
$71,251
$77,564
+9%
Other
$1,433,466
$1,146,743
-20%
Total Expenses
$18,402,517
$18,215,229
-1%
Net income
2023
2024
Change
Net income
+$1,135,913
-$1,759,335
-255%
Functional Expenses
Summary
2023
2024
Change
Program
$16,408,747
$15,501,999
-6%
Admin
$1,848,824
$2,387,021
+29%
Fundraising
$144,946
$326,209
+125%
Total Expenses
$18,402,517
$18,215,229
-1%
Income Statement
