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Massachusetts · Nonprofit

LATINOS IN BIO INC

LATINOS IN BIO INC (Massachusetts) receives grants from 4 organizations whose IRS filings report $60,000 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($25,000). 1 of them have funded it in more than one year.

Revenue FY2025
$273k
Funders on record
4
Grants received
$60k
Net assets
$230k
1/4 repeat funderspeak grant-dependency 23%
01What it does

What Latinos in Bio Inc does

Mission

Organization of latino leaders and professionals in biotech

As stated on its FY2025 Form 990.

Program

  1. gala board ready program amigos@bio 2025

    $72,929 spent$72,717 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $72,929.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($1k) Expenses 100 ($8k) Net assets -12 ($-6826)2022 Revenue 8550 ($86k) Expenses 283 ($21k) Net assets 100 ($55k)2023 Revenue 15700 ($157k) Expenses 1776 ($134k) Net assets 141 ($78k)2024 Revenue 24007 ($240k) Expenses 2043 ($154k) Net assets 292 ($161k)2025 Revenue 27305 ($273k) Expenses 2708 ($205k) Net assets 416 ($230k)
20212022202320242025
Revenue (27305)Expenses (2708)Net assets (416)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $78k to $161k (+107%).

$1k
$55k
$78k
$161k
$230k
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of LATINOS IN BIO INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (79% for the typical peer).

This organization
Typical peer · 882 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

−$7k
’21
$64k
’22
$23k
’23
$86k
’24
$68k
’25
14
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20242025
Listed185
Joined·+1
No longer listed·14
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income fell $20k → $3k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LATINOS IN BIO INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LATINOS IN BIO INC leans on a few funders — its largest provides 42% of grant income and the top three 92%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

92% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LATINOS IN BIO INC.

42%
largest funder
92%
top three
~3
effective funders

Largest funder’s share by year: 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

LATINOS IN BIO INC draws 86% of its grant income from funders outside Massachusetts, across 2 states in all.

MA
DC

In-state vs out-of-state, by year

’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LATINOS IN BIO INC runs a healthier operating margin than half of the 453 science & tech nonprofits its size.

Operating margin25% · above the median
Months of reserve13.5mo · above the median
Revenue growth (annualized)306% · outside the comparable range

this organization peer median middle 50% of peers· 453 science & tech nonprofits $100k–$1M, FY2025

Organizations like LATINOS IN BIO INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

36% of spending goes to programs.

Program 36%Management 61%Fundraising 3%

Governance

0
board members
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for LATINOS IN BIO INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LATINOS IN BIO INC?
LATINOS IN BIO INC (Massachusetts) receives grants from 4 organizations whose IRS filings report $60,000 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($25,000). 1 of them have funded it in more than one year.
How many funders does LATINOS IN BIO INC have?
IRS filings report 4 organizations giving $60,000 in grants to LATINOS IN BIO INC, 1 of which have funded it in more than one year.
Who is the largest funder of LATINOS IN BIO INC?
VANGUARD CHARITABLE ENDOWMENT PROGRAM is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
How can an organization like LATINOS IN BIO INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Latinos in Bio →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing