Latin American Venture Capital Association
Latin American Venture Capital Association maintains stable operations with consistent revenue and expenses, reporting no officer compensation.
EIN: 20638053 · New York, NY · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.3M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $510K |
| Transparency Score | 80/100 |
Is Latin American Venture Capital Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Latin American Venture Capital Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Latin American Venture Capital Association
Latin American Venture Capital Association (EIN: 20638053) is a nonprofit organization based in New York, NY, classified under NTEE code S41. The organization reported total revenue of $2.3M and total assets of $970K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Latin American Venture Capital Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Latin American Venture Capital Association is a mid-size nonprofit that has been operating for 21 years, with 9 years of IRS 990 filings on record (2010–2018). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-38,838 |
| Total Assets | $970K |
| Total Liabilities | $460K |
| Net Assets | $510K |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 47.5% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2018, Latin American Venture Capital Association reported a deficit of $39K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 47.5% (moderate leverage).
Financial Trends
Over 9 years of filings (2010–2018), Latin American Venture Capital Association's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +0.7% | -4.8% | -14.6% |
| 2017 | -2.1% | +7.9% | -11.8% |
| 2016 | +4.1% | +10.8% | +13.9% |
| 2015 | +36.1% | +14.0% | +24.3% |
| 2014 | -7.4% | +4.9% | -10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Latin American Venture Capital Association with a Mission Score of 80 out of 100 (Excellent). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Latin American Venture Capital Association allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.5%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all nine filings is unusual for an organization with over $2 million in annual revenue. This suggests that executive compensation may be categorized differently or that the organization relies heavily on volunteer leadership, which could be a strength in terms of cost efficiency but also a potential area for further clarity in financial reporting.
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 Latin American Venture Capital Association's IRS 990 filings:
- Consistent 0% officer compensation reported, potentially obscuring true leadership costs or indicating reliance on volunteers for key roles in a multi-million dollar organization.
Strengths
The following positive indicators were identified for Latin American Venture Capital Association:
- Consistent revenue generation over a decade, demonstrating financial stability.
- Steady growth in assets from $573,758 in 2010 to $969,736 in 2018.
- Expenses generally managed in line with revenue, avoiding significant deficits over the long term.
Frequently Asked Questions about Latin American Venture Capital Association
Is Latin American Venture Capital Association a legitimate charity?
Latin American Venture Capital Association (EIN: 20638053) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 9 years of IRS 990 filings on record. Total revenue: $2.3M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Latin American Venture Capital Association spend its money?
Latin American Venture Capital Association directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Latin American Venture Capital Association tax-deductible?
Latin American Venture Capital Association is registered as a tax-exempt nonprofit (EIN: 20638053). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Latin American Venture Capital Association CEO make?
Latin American Venture Capital Association's highest-compensated officer earns $2 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Latin American Venture Capital Association's spending goes to programs?
Latin American Venture Capital Association directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Latin American Venture Capital Association compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Latin American Venture Capital Association is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Latin American Venture Capital Association located?
Latin American Venture Capital Association is headquartered in New York, New York and files with the IRS under EIN 20638053. It is classified under NTEE code S41.
How many years of IRS 990 filings does Latin American Venture Capital Association have?
Latin American Venture Capital Association has 9 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 $2.3M in total revenue.
Is LAVCA a good charity?
Based on the available financial data, LAVCA appears to be a financially stable organization with consistent revenue and expense patterns. The absence of reported officer compensation could be a positive indicator of efficiency or a point for further inquiry regarding how leadership is compensated.
How does LAVCA manage its executive compensation?
All nine IRS 990 filings consistently report 0% officer compensation. This suggests either a volunteer executive team or that compensation for leadership is reported under other expense categories, which would require deeper investigation to understand fully.
What is the trend in LAVCA's financial health?
LAVCA has shown consistent revenue generation, generally between $1.2 million and $2.3 million annually, and managed expenses over the past decade. Assets have grown from $573,758 in 2010 to $969,736 in 2018, indicating a stable and growing financial base, despite occasional minor deficits like in 2018 where expenses ($2,315,778) slightly exceeded revenue ($2,276,940).
Filing History
IRS 990 filing history for Latin American Venture Capital Association showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2010–2018), Latin American Venture Capital Association's revenue has grown by 80.5%, moving from $1.3M to $2.3M. Total assets increased by 69% over the same period, from $574K to $970K. Total functional expenses rose by 116.3%, from $1.1M to $2.3M. In its most recent filing year (2018), Latin American Venture Capital Association reported a deficit of $39K, with expenses exceeding revenue. The organization holds $460K in liabilities against $970K in assets (debt-to-asset ratio: 47.5%), resulting in net assets of $510K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $2.3M | $2.3M | $970K | $460K | — | View 990 |
| 2017 | $2.3M | $2.4M | $1.1M | $587K | — | View 990 |
| 2016 | $2.3M | $2.3M | $1.3M | $567K | — | View 990 |
| 2015 | $2.2M | $2.0M | $1.1M | $466K | — | View 990 |
| 2014 | $1.6M | $1.8M | $910K | $450K | — | View 990 |
| 2013 | $1.8M | $1.7M | $1.0M | $418K | — | View 990 |
| 2012 | $1.7M | $1.5M | $995K | $459K | — | View 990 |
| 2011 | $1.4M | $1.1M | $766K | $431K | — | View 990 |
| 2010 | $1.3M | $1.1M | $574K | $494K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $2.3M, expenses of $2.3M, and assets of $970K (revenue +0.7% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.4M, and assets of $1.1M (revenue -2.1% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.3M, and assets of $1.3M (revenue +4.1% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.0M, and assets of $1.1M (revenue +36.1% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.8M, and assets of $910K (revenue -7.4% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.7M, and assets of $1.0M (revenue +1.7% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.5M, and assets of $995K (revenue +24.8% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.1M, and assets of $766K (revenue +9.9% year-over-year).
- 2010: Revenue of $1.3M, expenses of $1.1M, and assets of $574K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Latin American Venture Capital Association:
Data Sources and Methodology
This transparency report for Latin American Venture Capital Association 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.