Long filing history (14 filings) suggests consistent operation and compliance.
Spending Breakdown
How Centro Latino Of Shelbyville Incorporated allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Centro Latino Of Shelbyville Incorporated
Is Centro Latino Of Shelbyville Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Centro Latino Of Shelbyville Incorporated (EIN: 20628043) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Centro Latino Of Shelbyville Incorporated a good charity to donate to?
Centro Latino Of Shelbyville Incorporated has a Mission Score of 75/100. Revenue: $197K. Assets: $231K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Centro Latino Of Shelbyville Incorporated?
The Employer Identification Number (EIN) for Centro Latino Of Shelbyville Incorporated is 20628043. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Centro Latino Of Shelbyville Incorporated spend its money?
Centro Latino Of Shelbyville Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Centro Latino Of Shelbyville Incorporated's tax-exempt status?
You can verify Centro Latino Of Shelbyville Incorporated's tax-exempt status using EIN 20628043 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Centro Latino Of Shelbyville Incorporated demonstrates a fluctuating financial history, with recent years showing expenses often exceeding revenue. For instance, in 2024, expenses were $324,567 against revenues of $295,031, and in 2023, expenses were $306,516 against revenues of $304,678. This trend of operating at a deficit in some periods, particularly noticeable in 2021 where revenue was only $32,846 against $210,708 in expenses, suggests potential reliance on prior year reserves or inconsistent funding streams. However, the organization has maintained a healthy asset base, with assets consistently above $200,000 in recent years, reaching $256,523 in 2024. The consistent reporting of 0% officer compensation across all available filings indicates strong financial transparency regarding executive pay and a commitment to directing funds towards the mission rather than high administrative salaries. While the organization's financial stability could be improved by more consistent revenue generation to cover expenses, its transparency in compensation and asset management are positive indicators.