Quick charity verification for Voto Latino Foundation Inc (EIN: 201350252)
Verdict: Voto Latino Foundation Inc appears trustworthy
85/100Mission Score
$9.7MRevenue
$9.5MAssets
2Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation reported, which is atypical for an organization of this scale and could indicate a lack of transparency regarding executive remuneration or an unusual compensation structure.
Significant fluctuations in expense ratios relative to revenue across different years (e.g., 2020 expenses nearly matching revenue, versus 2023 expenses being significantly lower than revenue).
Strengths
Strong revenue generation, with revenue exceeding $10 million in 2023.
Substantial asset growth, increasing from $1.9 million in 2019 to $12.9 million in 2023, indicating effective financial management and capacity building.
Positive net assets, with assets consistently exceeding liabilities across all reported periods, demonstrating financial solvency.
Spending Breakdown
How Voto Latino Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Voto Latino Foundation Inc
Is Voto Latino Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Voto Latino Foundation Inc (EIN: 201350252) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Voto Latino Foundation Inc a good charity to donate to?
Voto Latino Foundation Inc has a Mission Score of 85/100. Revenue: $9.7M. Assets: $9.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Voto Latino Foundation Inc?
The Employer Identification Number (EIN) for Voto Latino Foundation Inc is 201350252. 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 Voto Latino Foundation Inc spend its money?
Voto Latino Foundation Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Voto Latino Foundation Inc's tax-exempt status?
You can verify Voto Latino Foundation Inc's tax-exempt status using EIN 201350252 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
Voto Latino Foundation Inc. demonstrates a generally healthy financial position with significant revenue growth in recent years, particularly in 2023 where revenue reached over $10 million. The organization has shown a strong ability to build its asset base, with assets growing from $1.9 million in 2019 to nearly $13 million in 2023. This indicates good financial management and capacity building. However, there have been periods of high expenses relative to revenue, such as in 2020 where expenses were $12.9 million against $13.2 million in revenue, suggesting tight margins in some years. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and financial structure, indicating that executive leadership is not compensated through traditional salary means reported on the 990, or that compensation is structured differently.