Strong and consistent revenue growth over the past decade, from $14,514 in 201312 to $475,579 in 202312.
Consistent reporting of 0% officer compensation, indicating a high dedication of funds to programs.
Healthy asset growth, reaching $499,312 in 202312, demonstrating financial stability.
Liabilities are a small percentage of assets, indicating good financial management (e.g., $22,980 liabilities vs. $499,312 assets in 202312).
Spending Breakdown
How Latino Entrepreneurial Network Ofsoutheastern Wisconsin 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 Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated
Is Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated (EIN: 205987240) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated a good charity to donate to?
Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated has a Mission Score of 85/100. Revenue: $310K. Assets: $410K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated?
The Employer Identification Number (EIN) for Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated is 205987240. 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 Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated spend its money?
Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated's tax-exempt status?
You can verify Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated's tax-exempt status using EIN 205987240 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
Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated demonstrates a generally healthy financial trajectory, with significant growth in revenue and assets over the past decade. Their latest filing (202312) shows revenue of $475,579 and assets of $499,312, a substantial increase from $14,514 in revenue and $60,178 in assets in 201312. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on directing funds towards their mission rather than executive salaries. Their liabilities have fluctuated but remain a small percentage of assets in the latest filing ($22,980 liabilities vs. $499,312 assets in 202312), suggesting good financial management.
The organization's spending efficiency appears reasonable, with expenses generally tracking below revenue, allowing for asset growth. For instance, in 202312, expenses were $392,754 against $475,579 in revenue. The consistent reporting of no officer compensation enhances their transparency profile, indicating that the organization is likely volunteer-led at the executive level or compensates executives through other means not classified as officer compensation on the 990, which would warrant further inquiry. Overall, the financial data suggests a growing and responsibly managed nonprofit.