Is Connecticut Association Of Latin Americans In Higher Education Inc Legit?
Quick charity verification for Connecticut Association Of Latin Americans In Higher Education Inc (EIN: 222562167)
Verdict: Connecticut Association Of Latin Americans In Higher Education Inc appears trustworthy
75/100Mission Score
$114KRevenue
$793KAssets
2Red Flags
3Strengths
Red Flags
Revenue has fluctuated significantly over the years, from a high of $99,085 in 2023 to a low of $43,386 in 2016, indicating potential instability in funding streams.
The provided data lacks detailed breakdowns of expenses beyond total expenses, making it difficult to fully assess program efficiency and administrative overhead.
Strengths
The organization has shown consistent asset growth, increasing from $435,096 in 2017 to $793,359 in 2023, demonstrating financial stability and accumulation of resources.
The organization consistently reports 'l0' for liabilities, suggesting a debt-free or very low-debt financial position.
The organization has a long history of filing financial data, indicating a commitment to transparency over time.
Spending Breakdown
How Connecticut Association Of Latin Americans In Higher Education Inc allocates its funds across programs, administration, and fundraising.
68%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
17%
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 Connecticut Association Of Latin Americans In Higher Education Inc
Is Connecticut Association Of Latin Americans In Higher Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Connecticut Association Of Latin Americans In Higher Education Inc (EIN: 222562167) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Connecticut Association Of Latin Americans In Higher Education Inc a good charity to donate to?
Connecticut Association Of Latin Americans In Higher Education Inc has a Mission Score of 75/100. Revenue: $114K. Assets: $793K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Connecticut Association Of Latin Americans In Higher Education Inc?
The Employer Identification Number (EIN) for Connecticut Association Of Latin Americans In Higher Education Inc is 222562167. 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 Connecticut Association Of Latin Americans In Higher Education Inc spend its money?
Connecticut Association Of Latin Americans In Higher Education Inc allocates 68% to programs, 15% to administration, and 17% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Connecticut Association Of Latin Americans In Higher Education Inc's tax-exempt status?
You can verify Connecticut Association Of Latin Americans In Higher Education Inc's tax-exempt status using EIN 222562167 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
Connecticut Association Of Latin Americans In Higher Education Inc is a unknown nonprofit based in Hartford, Connecticut, with reported revenue of $114K and assets of $793K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 68% of spending goes to programs, 15% to administration, and 17% to fundraising. Without specific compensation figures for officers and key employees from the Form 990 filings, a comprehensive assessment of executive compensation is not possible. Revenue has grown +123% across 13 filing periods.