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LATIN AMERICAN VENTURE CAPITAL ASSOCIATION

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Public IRS 990 nonprofit record

LATIN AMERICAN VENTURE CAPITAL ASSOCIATION

EIN 02-0638053

What they do

THE MISSION of THE LATIN AMERICAN VENTURE CAPITAL ASSOCIATION (LAVCA) is to SUPPORT THE GROWTH of THE LATIN AMERICAN VENTURE CAPITAL and PRIVATE EQUITY INDUSTRY THROUGH EFFORTS THAT INCLUDE, WITHOUT LIMITATION, PROGRAMS of RESEARCH, EDUCATION and NETWORKING.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2019The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$125.50spent for every $100 of revenueSpending was higher than revenue this year.
1.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $509,569 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $213,662 for CATHERINE H AMBROSE (PRESIDENT/CE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2019

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$1,998,213
Expenses$2,507,782
Annual shortfall $509,569 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$1,998,213
Expenses$2,507,782
Contributions$22,500
Accounting fees$37,690
People

Leadership and board

Tax year 2019

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
CATHERINE H AMBROSEPRESIDENT/CE · 40 hrs/week $213,662Base $197,917 · Other $15,745
CAITLIN MITCHELLEMPLOYEE · 40 hrs/week $119,393Base $110,833 · Other $8,560
JULIE C RUVOLOEMPLOYEE · 40 hrs/week $119,393Base $110,833 · Other $8,560
ALEX HENAOEMPLOYEE · 40 hrs/week $109,102Base $100,542 · Other $8,560
IVONNE CUELLO SANDOVALEMPLOYEE · 40 hrs/week $100,542

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

CATHERINE H AMBROSEPRESIDENT/CE

CAITLIN MITCHELLEMPLOYEE

JULIE C RUVOLOEMPLOYEE

ALEX HENAOEMPLOYEE

IVONNE CUELLO SANDOVALEMPLOYEE

ALFREDO CASTELLANOSDIRECTOR

CARLOS GARCIACHAIR

FERNANDO BORGESDIRECTOR

FLAVIA ALMEIDADIRECTOR

JOSE SOSA DEL VALLEDIRECTOR

MARIA KOZLOSKIDIRECTOR

MAURICIO SALGARTREASURER

MICHAEL HARRINGTONDIRECTOR

NICOLAS SZEKASYDIRECTOR

RODOLFO SPIELMANNDIRECTOR

About this charity

Location
589 8TH AVENUE 18 FLOOR, NEW YORK, NY 10018
County
New York
In care of
CATHERINE H AMBROSE
Primary officer
CATHERINE H AMBROSE, PRESIDENT/CEO

How to reach them

Filing and classification

Latest tax year
2019
Tax period began
January 1, 2019
Return type
990
Tax preparer
FITZSIMMONS ABRAMS LLP

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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