Hospitality & Outreach For Latin Americans Inc
Hospitality & Outreach For Latin Americans Inc shows fluctuating finances with recent deficits but no executive compensation.
EIN: 201187971 · Evansville, IN · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $195K |
| Total Expenses | $58K |
| Program Spending | 80% |
| Net Assets | $6K |
| Transparency Score | 70/100 |
Is Hospitality & Outreach For Latin Americans Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hospitality & Outreach For Latin Americans Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hospitality & Outreach For Latin Americans Inc
Hospitality & Outreach For Latin Americans Inc (EIN: 201187971) is a nonprofit organization based in Evansville, IN, classified under NTEE code P20. The organization reported total revenue of $195K and total assets of $80K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hospitality & Outreach For Latin Americans Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hospitality & Outreach For Latin Americans Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $58K |
| Surplus / Deficit | $-22,789 |
| Total Assets | $11K |
| Total Liabilities | $5K |
| Net Assets | $6K |
| Operating Margin | -65.4% |
| Debt-to-Asset Ratio | 43.7% |
| Months of Reserves | 2.3 months |
Financial Health Grade: C
In 2023, Hospitality & Outreach For Latin Americans Inc reported a deficit of $23K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 43.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2010–2023), Hospitality & Outreach For Latin Americans Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.3% | +136.6% | -62.9% |
| 2022 | +135.9% | +146.0% | +225.2% |
| 2021 | +31681.4% | +5.3% | +4447.7% |
| 2020 | -99.5% | -54.5% | -97.9% |
| 2019 | +68.5% | +218.4% | -47.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hospitality & Outreach For Latin Americans Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Hospitality & Outreach For Latin Americans Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.7%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly efficient for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Hospitality & Outreach For Latin Americans Inc's IRS 990 filings:
- Inconsistent revenue generation and periods of significant deficit spending (e.g., 2023 expenses exceeded revenue by over $22,000).
- Fluctuating financial performance over the years, making long-term planning and sustainability potentially challenging.
Strengths
The following positive indicators were identified for Hospitality & Outreach For Latin Americans Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay.
- Low liabilities across most filing periods, suggesting responsible debt management.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating a commitment to transparency.
- Clear mission focus as indicated by NTEE code P20 (Immigrant & Refugee Aid).
Frequently Asked Questions about Hospitality & Outreach For Latin Americans Inc
Is Hospitality & Outreach For Latin Americans Inc a legitimate charity?
Hospitality & Outreach For Latin Americans Inc (EIN: 201187971) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $195K. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Hospitality & Outreach For Latin Americans Inc spend its money?
Hospitality & Outreach For Latin Americans Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hospitality & Outreach For Latin Americans Inc tax-deductible?
Hospitality & Outreach For Latin Americans Inc is registered as a tax-exempt nonprofit (EIN: 201187971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hospitality & Outreach For Latin Americans Inc's spending goes to programs?
Hospitality & Outreach For Latin Americans Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hospitality & Outreach For Latin Americans Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Hospitality & Outreach For Latin Americans Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hospitality & Outreach For Latin Americans Inc located?
Hospitality & Outreach For Latin Americans Inc is headquartered in Evansville, Indiana and files with the IRS under EIN 201187971. It is classified under NTEE code P20.
How many years of IRS 990 filings does Hospitality & Outreach For Latin Americans Inc have?
Hospitality & Outreach For Latin Americans Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $195K in total revenue.
Is Hospitality & Outreach For Latin Americans Inc financially stable?
The organization's financial stability is inconsistent. While it has periods of positive net income (e.g., 2022 with $44,240 revenue vs. $24,356 expenses), it also experiences significant deficits (e.g., 2023 with $34,826 revenue vs. $57,615 expenses). The latest revenue of $195,232 and assets of $80,473 suggest some growth, but the recent deficit in 2023 indicates ongoing challenges.
How does the organization manage its liabilities?
Hospitality & Outreach For Latin Americans Inc generally maintains very low liabilities. For example, in 2023, liabilities were $4,766, and in 2022, they were only $501. This suggests a conservative approach to debt and financial obligations.
What is the trend in the organization's assets?
The organization's assets have fluctuated over time, from a low of $199 in 2020 to a high of $31,039 in 2013, and currently stand at $80,473. The recent increase to $80,473 indicates a positive trend in asset accumulation, though it's important to monitor if this growth is sustained.
Filing History
IRS 990 filing history for Hospitality & Outreach For Latin Americans Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Hospitality & Outreach For Latin Americans Inc's revenue has declined by 53%, moving from $74K to $35K. Total assets decreased by 69.3% over the same period, from $35K to $11K. Total functional expenses fell by 2.7%, from $59K to $58K. In its most recent filing year (2023), Hospitality & Outreach For Latin Americans Inc reported a deficit of $23K, with expenses exceeding revenue. The organization holds $5K in liabilities against $11K in assets (debt-to-asset ratio: 43.7%), resulting in net assets of $6K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $58K | $11K | $5K | — | — |
| 2022 | $44K | $24K | $29K | $501 | — | View 990 |
| 2021 | $19K | $10K | $9K | $0 | — | View 990 |
| 2020 | $59 | $9K | $199 | $0 | — | — |
| 2019 | $13K | $21K | $10K | $0 | — | View 990 |
| 2018 | $8K | $7K | $18K | $568 | — | View 990 |
| 2016 | $45K | $49K | $3K | $0 | — | View 990 |
| 2015 | $35K | $45K | $8K | $1K | — | View 990 |
| 2014 | $60K | $73K | $17K | $255 | — | View 990 |
| 2013 | $142K | $130K | $31K | $1K | — | View 990 |
| 2012 | $104K | $127K | $19K | $1K | — | View 990 |
| 2011 | $87K | $81K | $42K | $940 | — | View 990 |
| 2010 | $74K | $59K | $35K | $590 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35K, expenses of $58K, and assets of $11K (revenue -21.3% year-over-year).
- 2022: Revenue of $44K, expenses of $24K, and assets of $29K (revenue +135.9% year-over-year).
- 2021: Revenue of $19K, expenses of $10K, and assets of $9K (revenue +31681.4% year-over-year).
- 2020: Revenue of $59, expenses of $9K, and assets of $199 (revenue -99.5% year-over-year).
- 2019: Revenue of $13K, expenses of $21K, and assets of $10K (revenue +68.5% year-over-year).
- 2018: Revenue of $8K, expenses of $7K, and assets of $18K (revenue -83.4% year-over-year).
- 2016: Revenue of $45K, expenses of $49K, and assets of $3K (revenue +31.5% year-over-year).
- 2015: Revenue of $35K, expenses of $45K, and assets of $8K (revenue -42.5% year-over-year).
- 2014: Revenue of $60K, expenses of $73K, and assets of $17K (revenue -57.6% year-over-year).
- 2013: Revenue of $142K, expenses of $130K, and assets of $31K (revenue +36.5% year-over-year).
- 2012: Revenue of $104K, expenses of $127K, and assets of $19K (revenue +18.9% year-over-year).
- 2011: Revenue of $87K, expenses of $81K, and assets of $42K (revenue +17.7% year-over-year).
- 2010: Revenue of $74K, expenses of $59K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hospitality & Outreach For Latin Americans Inc:
Data Sources and Methodology
This transparency report for Hospitality & Outreach For Latin Americans Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.