2024-11-12T18:53:41-06:00 2023-12-31 364824950 MM & COMPANY LLP 1 MACARTHUR PLACE 500 SANTA ANA CA 92707 990 2023-01-01 460649020 LATINO BUSINESS ACTION NETWORK INC LATI 2819891996 297 COMMERCIAL ST SAN JOSE CA 95112 ARTURO CAZARES CEO 2819891996 2024-11-06 1 0 MICHELLE MCDUFFIE P00334122 9494847990 2024-11-06 2023 2024-10-15 13:58:12Z ARTURO CAZARES 297 COMMERCIAL ST SAN JOSE CA 95112 3260790 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. 12 11 8 11 0 0 1613134 2669356 436033 539091 1658 36408 11000 15935 2061825 3260790 0 0 0 0 1023957 1295671 0 0 124330 1355705 1371173 2379662 2666844 -317837 593946 3149162 3960257 329198 404087 2819964 3556170 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 922570 539091 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. 405182 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. 799899 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. 15935 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 15935 2127651 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 6 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X EXCEL GLOBAL PARTNERS 2149574113 3302 FAR VIEW DRIVE AUSTIN TX 78730 VICTOR ARIAS JR CHAIRMAN 10.00 X X 0 0 0 DR JERRY PORRAS CHAIRMAN EMERITUS, FOUNDER & VISIONARY 10.00 X X 0 0 0 PHILLIP POMPA TREASURER 4.00 X X 0 0 0 ARTURO CAZARES CEO 40.00 X X 270000 0 23194 GEORGE FOSTER CO-FACULTY DIRECTOR 2.00 X 0 0 0 ALICE RODRIGUEZ BOARD MEMBER 2.00 X 0 0 0 GUILLERMO DIAZ BOARD MEMBER 2.00 X 0 0 0 MONIKA MANTILLA BOARD MEMBER 2.00 X 0 0 0 RAUL SALINAS BOARD MEMBER 2.00 X 0 0 0 ROSA SANTANA BOARD MEMBER 2.00 X 0 0 0 SOL TRUIJILLO BOARD MEMBER 2.00 X 0 0 0 JENNIFER GARCIA COO 40.00 X 244642 0 27157 LUCIA GONZALEZ SR PROGRAM MANAGER/DIRECTOR 40.00 X 147600 0 11014 ELIAN SAVODIVKER DIRECTOR OF ENGAGEMENT 40.00 X 155937 0 14708 818179 0 76073 4 0 0 0 QUALTRICS LLC 333 WEST RIVER PARK DRIVE PROVO UT 84604 RESEARCH SERVICES 294520 STANFORD EXECUTIVE EDUCATION 655 KNIGHT WAY OFFICE OF EXECUTIVE STANFORD CA 94305 COHORT PROFESSIONAL SERVICES 266000 2 2669356 2669356 EVENT & CLASS 611430 539091 539091 539091 36408 36408 OTHER REVENUE 611710 15935 15935 15935 3260790 555026 0 36408 X 219058 120482 76670 21906 810153 759590 50563 200608 151312 33072 16224 65852 49670 10856 5326 20930 20302 628 196724 15020 157140 24564 24094 19359 3354 1381 30498 18704 11794 79113 21431 57682 96690 94566 1062 1062 258786 258582 102 102 4055 4055 3682 2657 728 297 10755 3879 6440 436 SURVEY COSTS FOR RESEAR 294520 294520 EDUCATION FEES 286651 286651 PROGRAM PROMOTION 44941 31228 12466 1247 MISCELLANEOUS 19734 19140 594 2666844 2127651 414863 124330 1835616 1711914 1101343 2136280 188766 90000 11681 9103 43939 30979 5189 12960 6567 0 3149162 3960257 180424 258943 148774 145144 329198 404087 X 2739964 2885712 80000 670458 2819964 3556170 3149162 3960257 593946 142260 0 X 0 1 X 0 0 X 1952236 1205353 2853041 1613134 2669356 10293120 142260 142260 284520 1952236 1205353 2853041 1755394 2811616 10577640 1106124 9471516 613 316 235 1658 36408 39230 3100 11000 15935 30035 10646905 1148717 0.88960 0.99640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4 4 0 0 670458 2885712 670458 2885712 0 1 43939 30979 12960 12960 EIDL 145144 145144 X 3403050 142260 142260 3260790 0 3260790 2666844 0 2666844 0 2666844 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 270000 0 0 0 0 0 0 0 23194 0 293194 0 0 0 JENNIFER GARCIA COO 244642 0 0 0 0 0 0 0 27157 0 271799 0 0 0 LUCIA GONZALEZ SR PROGRAM MANAGER/DIRECTOR 147600 0 0 0 0 0 0 0 11014 0 158614 0 0 0 ELIAN SAVODIVKER DIRECTOR OF ENGAGEMENT 155937 0 0 0 0 0 0 0 14708 0 170645 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. PROFESSIONAL FUNDRAISING SERVICES: PROGRAM SERVICE EXPENSES 15,020. FUNDRAISING EXPENSES 19,704. TOTAL EXPENSES 34,724.