Latin American Community Center Inc

What it reported doing in 2024

Youth development services department: the hours immediately following the end of the school day are critical for children ages 5 - 12. Lacc provides a year-round quality before and after school enrichment program, community center learning hub, youth achievement center, and a summer-camp in a safe and engaging environment where children learn and grow, eat healthy meals, as well as receive academic enrichment activities including dance, arts, journalism and athletics. It served 119 children while their parents are at work, and 142 children in summer camp. The program enhances the children's knowledge of stem and helps them understand the possibilities of working in stem-related careers. This is done through annual lego mindstorm teams, and partnerships with local science and art-based partners for the integration of the arts and through the reading is fundamental program. The integration of the arts into the stem programming shows students the close relationship between art, design, and engineering. During 2024, 22,000 were provided to families for tuition relief through scholarships in before and after school and summer camp. The evening enrichment program provides students with homework help and assistance with college, job, and scholarship applications. Students participate in activities that enhance their academic skills and their lives, including athletics, the arts, substance abuse prevention, and stem. The program also provide youth with career awareness, job shadowing, internship opportunities and job skills development. The high school credit recovery program has made it possible for at-risk students to remain in school, make up credits, and be promoted to the next grade and graduate. A total of 37 students participated in the program. The minerva marrero hispanic scholarship program (mmshp) recognizes high- achieving students statewide and inspires pride in the latino community. Mmshp encourages families and communities to support students who are in pursuit of greater opportunities. During 2024, the mmshp program awarded 25,000 of scholarships to seven high school seniors for their college education. The youth achievement center serves students ages 12-18. Participants receive help with homework and with college, job, and scholarship applications. They also receive mentors and participate in enrichment activities such as science, technology, engineering, and math (stem) activities, substance abuse prevention program, art, cooking, cosmetology, basketball, other sports, and community service activities. It served 22 students during 2024. The youth prevention program offered a program with activities to meet the students' unique social emotional needs. It served 110 students during the year.

Financial Efficiency

• Mission deployment rate: 83.2%; rating input score 83
• Program expense ratio: 88.2%; rating input score 88
• Fundraising efficiency: $29.96 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 5.6%; rating input score 52; 52nd percentile among comparable filings
• Total-asset coverage ratio: 2; rating input score 62; 62nd percentile among comparable filings
• Liabilities to assets ratio: 0.43; rating input score 25; 25th percentile among comparable filings
• Officer compensation ratio: 1.3%; rating input score 79; 79th percentile among comparable filings

Growth

• Program expense growth: 6.9% per year; rating input score 100; 50th percentile among comparable filings
• Revenue growth: 5.2% per year; rating input score 100; 43rd percentile among comparable filings
• Asset growth: 17.2% per year; rating input score 100; 79th percentile among comparable filings