California · Nonprofit
LATINX MBA ASSOCIATION INC
LATINX MBA ASSOCIATION INC (California) receives grants from 5 organizations whose IRS filings report $50,319 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($33,334). 2 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $115k
- Funders on record
- 5
- Grants received
- $50k
- Net assets
- $3k
What Latinx Mba Association Inc does
Mission
To connect Latinx MBAs, provide career advancement opportunities, and create a supportive community for Latinx interested in pursuing an MBA to create economic prosperity for the US Latinx community.
As stated on its FY2024 Form 990-EZ.
Programs
The 2025 Latinx MBA Leadership Summit, the organizations flagship annual event, was held from October 25, 2025, at Westin Hotel in Los Angeles, CA. This four-day gathering convened 208 participants from 28 MBA programs, including 128 current MBA students and over 80 alumni. The summit featured over 14 industry speakers, 6 targeted workshops, and 2 separate tracks for students and alumni. Its programming was designed to foster professional development, peer networking, and Latinx leadership in business.Workshops addressed topics such as branding, mental health, personal finance, and career transitions. Survey feedback reflected exceptionally high participant satisfaction, with a Net Promoter Score (NPS) of 97 for the Student Summit and 83 for the Alumni Summit. More than 85% of alumni attendees reported forming valuable professional connections, and 76% of students expressed a desire to support future events or participate in mentorship. This program remains the cornerstone of Latinx MBA Associations mission to connect, advance, and advocate for Latinx professionals in business.
$74,849 spent52% of program spendingThe Latinx MBA Associations MBA Admissions Scholarship Program supports high-potential Latinx professionals seeking admission to top-tier MBA programs. In 2025, the program awarded scholarships totaling $16,000 to four recipients. Each received $2,000 in services from Ivy Fellows, a coaching initiative powered by Ivy Advisors, which provides strategic guidance, mentorship, and intellectual capital to navigate the competitive MBA admissions process. An additional $2,000 was awarded per student to cover standardized exam-related expenses. All four recipients of the 2025 cohort were successfully admitted to Michigan Ross, Dartmouth Tuck, UCLA Anderson, and Duke Fuqua. This program advances the organizations mission by reducing barriers to access for future Latinx business leaders and promoting educational equity in graduate management education.
$15,585 spent11% of program spendingVia Latinx's MBA Regional Networking & Career Development Series, throughout 2025, the Latinx MBA Association hosted 10 networking and professional development events across major U.S. cities, engaging 292 attendees, including current MBA students and alumni. These events provided members with opportunities to build community, gain exposure to career paths, and develop professional skills. Activities included informal fireside chats with trailblazing Latinx leaders in finance, tech, consulting, and entrepreneurship who shared personal insights and strategies for success.Many attendees used these events to explore internship and full-time career opportunities, expand their networks, and gain actionable advice on topics such as navigating corporate leadership, career transitions, and personal branding. The program supports the organizations mission of career advancement and community building among Latinx MBA talent by creating accessible, inspiring, and high-impact professional engagement opportunities.
$54,436 spent38% of program spending
The 3 programs described on its FY2025 Form 990-EZ. Program spending in total: $144,870.
Leadership and staff
Chief executive
Richard Velazquez
CEO
As listed on its FY2025 Form 990-EZ.
Who funds it, year by year
2021 → 2023: the base held at 1 funder, grant income rose $52 → $208.
3 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 99% 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 LATINX MBA ASSOCIATION 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
LATINX MBA ASSOCIATION INC leans on a few funders — its largest provides 66% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
99% 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 LATINX MBA ASSOCIATION INC.
Largest funder’s share by year: 2021 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
99% of LATINX MBA ASSOCIATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $460 that is directly attributable, 100% of it comes from funders outside California, across 2 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $50k arriving through sponsors registered in 3 states 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.
Against its field
LATINX MBA ASSOCIATION INC runs a healthier operating margin than three-quarters of the 22,838 education nonprofits its size.
this organization peer median middle 50% of peers· 22,838 education nonprofits $100k–$1M, FY2024
Organizations like LATINX MBA ASSOCIATION 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 California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
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 LATINX MBA ASSOCIATION 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.
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 LATINX MBA ASSOCIATION INC?
- LATINX MBA ASSOCIATION INC (California) receives grants from 5 organizations whose IRS filings report $50,319 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($33,334). 2 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does LATINX MBA ASSOCIATION INC have?
- IRS filings report 5 organizations giving $50,319 in grants to LATINX MBA ASSOCIATION INC, 2 of which have funded it in more than one year.
- Who is the largest funder of LATINX MBA ASSOCIATION INC?
- AMERICAN ONLINE GIVING FOUNDATION INC is the largest funder on record, with $33,334 in grants. The full list of funders is on this page.
- How can an organization like LATINX MBA ASSOCIATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 Latinx Mba Association →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2024–2024), and the filings of 5 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 22, 2026. What this page cannot tell you · view filing