Latino Corporate Directors Association
EIN: 461866372 · Washington, DC · NTEE: B03
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.6M |
| Net Assets | $975K |
Is Latino Corporate Directors Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Latino Corporate Directors Association
Latino Corporate Directors Association (EIN: 461866372) is a nonprofit organization based in Washington, DC, classified under NTEE code B03. The organization reported total revenue of $3.0M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Latino Corporate Directors Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Latino Corporate Directors Association is a mid-size nonprofit that has been operating for 13 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 51.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$32K |
| Total Assets | $1.1M |
| Total Liabilities | $156K |
| Net Assets | $975K |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 13.8% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2023, Latino Corporate Directors Association reported a surplus of $32K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 13.8% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Latino Corporate Directors Association's revenue has grown at a compound annual growth rate (CAGR) of 51.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.4% | +25.3% | +3.8% |
| 2022 | +19.0% | +46.0% | +8.1% |
| 2021 | +72.9% | +37.2% | +83.6% |
| 2020 | +11.5% | +17.1% | +0.9% |
| 2019 | +34.3% | +46.3% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Latino Corporate Directors Association 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 Corporate Directors Association 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 surplus of $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.8%.
Frequently Asked Questions about Latino Corporate Directors Association
Is Latino Corporate Directors Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Latino Corporate Directors Association (EIN: 461866372) insufficient data. 0 red flags identified, 0 strengths noted.
How does Latino Corporate Directors Association spend its money?
Detailed spending breakdown data is not yet available for Latino Corporate Directors Association. Check back for updated IRS 990 analysis.
Are donations to Latino Corporate Directors Association tax-deductible?
Latino Corporate Directors Association is registered as a tax-exempt nonprofit (EIN: 461866372). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Latino Corporate Directors Association located?
Latino Corporate Directors Association is headquartered in Washington, Washington DC and files with the IRS under EIN 461866372. It is classified under NTEE code B03.
How many years of IRS 990 filings does Latino Corporate Directors Association have?
Latino Corporate Directors 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 $3.0M in total revenue.
Filing History
IRS 990 filing history for Latino Corporate Directors Association showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Latino Corporate Directors Association's revenue has grown by 2675.9%, moving from $95K to $2.6M. Total assets increased by 622.4% over the same period, from $157K to $1.1M. Total functional expenses rose by 4818%, from $53K to $2.6M. In its most recent filing year (2023), Latino Corporate Directors Association reported a surplus of $32K, with revenue exceeding expenses. The organization holds $156K in liabilities against $1.1M in assets (debt-to-asset ratio: 13.8%), resulting in net assets of $975K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.6M | $1.1M | $156K | — | View 990 |
| 2022 | $2.2M | $2.1M | $1.1M | $165K | — | View 990 |
| 2021 | $1.8M | $1.4M | $1.0M | $160K | — | View 990 |
| 2020 | $1.0M | $1.0M | $549K | $88K | — | — |
| 2019 | $939K | $886K | $544K | $93K | — | View 990 |
| 2018 | $699K | $606K | $525K | $102K | — | View 990 |
| 2017 | $419K | $488K | $370K | $40K | — | View 990 |
| 2016 | $534K | $289K | $406K | $7K | — | View 990 |
| 2015 | $95K | $53K | $157K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.6M, and assets of $1.1M (revenue +22.4% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.1M, and assets of $1.1M (revenue +19.0% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.4M, and assets of $1.0M (revenue +72.9% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.0M, and assets of $549K (revenue +11.5% year-over-year).
- 2019: Revenue of $939K, expenses of $886K, and assets of $544K (revenue +34.3% year-over-year).
- 2018: Revenue of $699K, expenses of $606K, and assets of $525K (revenue +67.0% year-over-year).
- 2017: Revenue of $419K, expenses of $488K, and assets of $370K (revenue -21.5% year-over-year).
- 2016: Revenue of $534K, expenses of $289K, and assets of $406K (revenue +461.6% year-over-year).
- 2015: Revenue of $95K, expenses of $53K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Latino Corporate Directors Association:
Data Sources and Methodology
This transparency report for Latino Corporate Directors 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.