Latino Chamber Of Commerce Of Southeastern Wisconsin Inc
EIN: 814970439 · Milwaukee, WI · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Net Assets | $272K |
Is Latino Chamber Of Commerce Of Southeastern Wisconsin Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Latino Chamber Of Commerce Of Southeastern Wisconsin Inc
Latino Chamber Of Commerce Of Southeastern Wisconsin Inc (EIN: 814970439) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code S41. The organization reported total revenue of $1.5M and total assets of $602K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Latino Chamber Of Commerce Of Southeastern Wisconsin Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Latino Chamber Of Commerce Of Southeastern Wisconsin Inc is a mid-size nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 130.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-21,459 |
| Total Assets | $1.6M |
| Total Liabilities | $1.3M |
| Net Assets | $272K |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 82.8% |
| Months of Reserves | 15.1 months |
Financial Health Grade: C
In 2023, Latino Chamber Of Commerce Of Southeastern Wisconsin Inc reported a deficit of $21K with expenses exceeding revenue, holds 15.1 months of operating reserves (strong position), has a debt-to-asset ratio of 82.8% (high leverage).
Financial Trends
Over 6 years of filings (2018–2023), Latino Chamber Of Commerce Of Southeastern Wisconsin Inc's revenue has grown at a compound annual growth rate (CAGR) of 130.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +570.4% | +868.9% | -36.0% |
| 2022 | +4.3% | +204.0% | +757.8% |
| 2021 | +3.5% | -14.0% | +87.5% |
| 2020 | +317.2% | +267.4% | +265.5% |
| 2019 | +113.1% | +186.5% | +189.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Latino Chamber Of Commerce Of Southeastern Wisconsin Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Latino Chamber Of Commerce Of Southeastern Wisconsin Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 82.8%.
Frequently Asked Questions about Latino Chamber Of Commerce Of Southeastern Wisconsin Inc
Is Latino Chamber Of Commerce Of Southeastern Wisconsin Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Latino Chamber Of Commerce Of Southeastern Wisconsin Inc (EIN: 814970439) insufficient data. 0 red flags identified, 0 strengths noted.
How does Latino Chamber Of Commerce Of Southeastern Wisconsin Inc spend its money?
Detailed spending breakdown data is not yet available for Latino Chamber Of Commerce Of Southeastern Wisconsin Inc. Check back for updated IRS 990 analysis.
Are donations to Latino Chamber Of Commerce Of Southeastern Wisconsin Inc tax-deductible?
Latino Chamber Of Commerce Of Southeastern Wisconsin Inc is registered as a tax-exempt nonprofit (EIN: 814970439). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Latino Chamber Of Commerce Of Southeastern Wisconsin Inc located?
Latino Chamber Of Commerce Of Southeastern Wisconsin Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 814970439. It is classified under NTEE code S41.
How many years of IRS 990 filings does Latino Chamber Of Commerce Of Southeastern Wisconsin Inc have?
Latino Chamber Of Commerce Of Southeastern Wisconsin Inc has 6 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Latino Chamber Of Commerce Of Southeastern Wisconsin Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Latino Chamber Of Commerce Of Southeastern Wisconsin Inc's revenue has grown by 6330.5%, moving from $19K to $1.2M. Total assets increased by 10786.1% over the same period, from $15K to $1.6M. Total functional expenses rose by 26544.4%, from $5K to $1.3M. In its most recent filing year (2023), Latino Chamber Of Commerce Of Southeastern Wisconsin Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $1.6M in assets (debt-to-asset ratio: 82.8%), resulting in net assets of $272K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $1.6M | $1.3M | — | — |
| 2022 | $185K | $130K | $2.5M | $2.1M | — | View 990 |
| 2021 | $177K | $43K | $288K | $0 | — | View 990 |
| 2020 | $171K | $50K | $154K | $0 | — | — |
| 2019 | $41K | $14K | $42K | $0 | — | View 990 |
| 2018 | $19K | $5K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $1.6M (revenue +570.4% year-over-year).
- 2022: Revenue of $185K, expenses of $130K, and assets of $2.5M (revenue +4.3% year-over-year).
- 2021: Revenue of $177K, expenses of $43K, and assets of $288K (revenue +3.5% year-over-year).
- 2020: Revenue of $171K, expenses of $50K, and assets of $154K (revenue +317.2% year-over-year).
- 2019: Revenue of $41K, expenses of $14K, and assets of $42K (revenue +113.1% year-over-year).
- 2018: Revenue of $19K, expenses of $5K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Latino Chamber Of Commerce Of Southeastern Wisconsin Inc:
Data Sources and Methodology
This transparency report for Latino Chamber Of Commerce Of Southeastern Wisconsin 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.