Latino Corporate Directors Education Foundation
EIN: 461875686 · Washington, DC · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Net Assets | $624K |
Is Latino Corporate Directors Education Foundation 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 Education Foundation
Latino Corporate Directors Education Foundation (EIN: 461875686) is a nonprofit organization based in Washington, DC, classified under NTEE code B99. The organization reported total revenue of $1.3M and total assets of $854K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Latino Corporate Directors Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Latino Corporate Directors Education Foundation 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 26.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-84,181 |
| Total Assets | $678K |
| Total Liabilities | $54K |
| Net Assets | $624K |
| Operating Margin | -7.1% |
| Debt-to-Asset Ratio | 8.0% |
| Months of Reserves | 6.4 months |
Financial Health Grade: B
In 2023, Latino Corporate Directors Education Foundation reported a deficit of $84K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 8.0% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Latino Corporate Directors Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 26.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | +39.4% | -18.2% |
| 2022 | +43.4% | +46.0% | +5.8% |
| 2021 | +62.3% | +45.9% | +35.6% |
| 2020 | -2.8% | +12.7% | +13.6% |
| 2019 | +6.1% | +69.5% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Education Foundation 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 Education Foundation 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 $84K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.0%.
Frequently Asked Questions about Latino Corporate Directors Education Foundation
Is Latino Corporate Directors Education Foundation a legitimate charity?
Latino Corporate Directors Education Foundation (EIN: 461875686) is a registered tax-exempt nonprofit based in Washington DC. It has 9 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: B.
How does Latino Corporate Directors Education Foundation spend its money?
Latino Corporate Directors Education Foundation reported $1.3M in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Latino Corporate Directors Education Foundation tax-deductible?
Latino Corporate Directors Education Foundation is registered as a tax-exempt nonprofit (EIN: 461875686). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Latino Corporate Directors Education Foundation located?
Latino Corporate Directors Education Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 461875686. It is classified under NTEE code B99.
How many years of IRS 990 filings does Latino Corporate Directors Education Foundation have?
Latino Corporate Directors Education Foundation 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Latino Corporate Directors Education Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Latino Corporate Directors Education Foundation's revenue has grown by 561.8%, moving from $180K to $1.2M. Total assets increased by 210.4% over the same period, from $219K to $678K. Total functional expenses rose by 3544%, from $35K to $1.3M. In its most recent filing year (2023), Latino Corporate Directors Education Foundation reported a deficit of $84K, with expenses exceeding revenue. The organization holds $54K in liabilities against $678K in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $624K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $678K | $54K | — | View 990 |
| 2022 | $1.0M | $915K | $829K | $136K | — | View 990 |
| 2021 | $724K | $627K | $784K | $214K | — | View 990 |
| 2020 | $446K | $430K | $578K | $106K | — | — |
| 2019 | $459K | $381K | $509K | $53K | — | View 990 |
| 2018 | $433K | $225K | $502K | $124K | — | View 990 |
| 2017 | $123K | $166K | $253K | $83K | — | View 990 |
| 2016 | $139K | $119K | $320K | $107K | — | View 990 |
| 2015 | $180K | $35K | $219K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $678K (revenue +14.7% year-over-year).
- 2022: Revenue of $1.0M, expenses of $915K, and assets of $829K (revenue +43.4% year-over-year).
- 2021: Revenue of $724K, expenses of $627K, and assets of $784K (revenue +62.3% year-over-year).
- 2020: Revenue of $446K, expenses of $430K, and assets of $578K (revenue -2.8% year-over-year).
- 2019: Revenue of $459K, expenses of $381K, and assets of $509K (revenue +6.1% year-over-year).
- 2018: Revenue of $433K, expenses of $225K, and assets of $502K (revenue +251.6% year-over-year).
- 2017: Revenue of $123K, expenses of $166K, and assets of $253K (revenue -11.5% year-over-year).
- 2016: Revenue of $139K, expenses of $119K, and assets of $320K (revenue -22.8% year-over-year).
- 2015: Revenue of $180K, expenses of $35K, and assets of $219K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Latino Corporate Directors Education Foundation:
Data Sources and Methodology
This transparency report for Latino Corporate Directors Education Foundation 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.