Deficit in latest fiscal year (2023) where expenses ($4,127,836) exceeded revenue ($3,860,502) by $267,334.
Strengths
Strong program spending ratio, with 88% of expenses allocated to programs in the latest period.
Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in executive pay.
Significant growth in revenue and assets over the past decade, demonstrating increasing capacity and impact.
Positive net assets, with assets ($2,878,237 in 2023) comfortably exceeding liabilities ($674,384).
Consistent IRS 990 filing history (13 filings), indicating transparency and compliance.
Spending Breakdown
How Voces Latinas Corporation allocates its funds across programs, administration, and fundraising.
88%
Program Spending
Healthy — majority goes to mission
7%
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 Voces Latinas Corporation
Is Voces Latinas Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Voces Latinas Corporation (EIN: 202312651) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Voces Latinas Corporation a good charity to donate to?
Voces Latinas Corporation has a Mission Score of 92/100. Revenue: $5.0M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Voces Latinas Corporation?
The Employer Identification Number (EIN) for Voces Latinas Corporation is 202312651. 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 Voces Latinas Corporation spend its money?
Voces Latinas Corporation allocates 88% to programs, 7% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Voces Latinas Corporation's tax-exempt status?
You can verify Voces Latinas Corporation's tax-exempt status using EIN 202312651 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
Voces Latinas Corporation demonstrates a strong commitment to its program services, consistently allocating a significant majority of its expenses directly to its mission. Over the past several years, the organization has shown substantial growth in both revenue and assets, indicating increasing capacity and reach. For instance, revenue grew from $653,494 in 2014 to $3,860,502 in 2023, and assets increased from $328,773 to $2,878,237 in the same period. While the organization experienced a slight deficit in 2023, with expenses exceeding revenue by $267,334, this follows a period of strong surpluses in prior years, suggesting it may be a strategic investment or a temporary fluctuation. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of financial transparency and a focus on directing resources to programs rather than executive pay.
The organization's financial health appears robust, supported by growing assets and a generally positive trend in net assets. Liabilities have increased in recent years, reaching $674,384 in 2023, but remain manageable relative to total assets. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and public transparency. Overall, Voces Latinas Corporation appears to be a financially sound and program-focused nonprofit.