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Massachusetts · Nonprofit

NORTH SHORE LATINO BUSINESS CENTER INC

NORTH SHORE LATINO BUSINESS CENTER INC (Massachusetts) receives grants from 3 organizations whose IRS filings report $67,500 to it, the largest being HEALTH RESOURCES IN ACTION INC ($50,000). 0 of them have funded it in more than one year.

Revenue FY2024
$216k
Funders on record
3
Grants received
$68k
Net assets
$1k
0/3 repeat funderspeak grant-dependency 20%
01What it does

What North Shore Latino Business Center Inc does

Mission

We are the premier small business association in Bostons North Shore helping Latino and business owners and entrepreneurs grow.

As stated on its FY2024 Form 990.

Program

  1. We are a relationship-driven business networking organization and our goal is the mutual support.

    $198,616 spentof which $11,000 as grants$215,700 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $198,616.

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 ($246k) Expenses 100 ($131k) Net assets 100 ($126k)2022 Revenue 23 ($58k) Expenses 118 ($156k) Net assets 22 ($28k)2023 Revenue 56 ($138k) Expenses 131 ($171k) Net assets -5 ($-6210)2024 Revenue 88 ($216k) Expenses 159 ($208k) Net assets 1 ($1k)
2021202220232024
Revenue (88)Expenses (159)Net assets (1)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 2021 to 2022, from $146k to $48k (−67%).

$146k
$48k
$14k
$21k
2021202220232024
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
ContributionsProgram revenueInvestmentOther

100% of NORTH SHORE LATINO BUSINESS CENTER INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (88% for the typical peer).

This organization
Typical peer · 4,629 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 reported years ran a deficit.

$115k
’21
−$98k
’22
−$34k
’23
$7k
’24
1.2
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.

20212024
Listed45
Joined··
No longer listed··
03Who funds it

Who funds it, year by year

2021 → 2023: the base held at 1 funder, grant income fell $50k → $13k.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% 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 NORTH SHORE LATINO BUSINESS CENTER 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

NORTH SHORE LATINO BUSINESS CENTER INC leans on a few funders — its largest provides 74% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

93% 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 NORTH SHORE LATINO BUSINESS CENTER INC.

74%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2021 100% · 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

100% of NORTH SHORE LATINO BUSINESS CENTER INC's grant income comes from Massachusetts funders.

MA

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

’21
’22
Massachusetts out of state home

Funder states come from each funder’s own filing. $13k 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

NORTH SHORE LATINO BUSINESS CENTER INC receives grants from 3 organizations whose IRS filings report $68k to it.

Operating margin3% · below the median
Months of reserve1.2mo · bottom quartile
Revenue growth (annualized)−4% · bottom quartile

this organization peer median middle 50% of peers· 4,264 environment nonprofits $100k–$1M, FY2024

Organizations like NORTH SHORE LATINO BUSINESS CENTER 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

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

5
board members
80%
independent
–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.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for NORTH SHORE LATINO BUSINESS CENTER 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 NORTH SHORE LATINO BUSINESS CENTER INC?
NORTH SHORE LATINO BUSINESS CENTER INC (Massachusetts) receives grants from 3 organizations whose IRS filings report $67,500 to it, the largest being HEALTH RESOURCES IN ACTION INC ($50,000). 0 of them have funded it in more than one year.
How many funders does NORTH SHORE LATINO BUSINESS CENTER INC have?
IRS filings report 3 organizations giving $67,500 in grants to NORTH SHORE LATINO BUSINESS CENTER INC.
Who is the largest funder of NORTH SHORE LATINO BUSINESS CENTER INC?
HEALTH RESOURCES IN ACTION INC is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like NORTH SHORE LATINO BUSINESS CENTER 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 3 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