Latino Economic And Development Center
EIN: 270562365 · Blackfoot, ID · NTEE: S30
| Metric | Value |
|---|---|
| Total Expenses | $106K |
| Net Assets | $-1,201 |
Is Latino Economic And Development Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Latino Economic And Development Center
Latino Economic And Development Center (EIN: 270562365) is a nonprofit organization based in Blackfoot, ID, classified under NTEE code S30. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Latino Economic And Development Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Latino Economic And Development Center is a micro nonprofit that has been operating for 13 years, with 5 years of IRS 990 filings on record (2009–2014). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $79K |
| Total Expenses | $106K |
| Surplus / Deficit | $-26,889 |
| Total Assets | $145 |
| Total Liabilities | $1K |
| Net Assets | $-1,201 |
| Operating Margin | -34.1% |
| Debt-to-Asset Ratio | 928.3% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2014, Latino Economic And Development Center reported a deficit of $27K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 928.3% (high leverage).
Financial Trends
Over 5 years of filings (2009–2014), Latino Economic And Development Center's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -48.9% | +78.7% | -99.8% |
| 2012 | +8484.0% | +38.4% | — |
| 2011 | -98.2% | -56.6% | -819.4% |
| 2010 | +56.2% | +94.7% | +0.0% |
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 Economic And Development Center 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 Economic And Development Center 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 928.3%.
Frequently Asked Questions about Latino Economic And Development Center
Is Latino Economic And Development Center a legitimate charity?
Latino Economic And Development Center (EIN: 270562365) is a registered tax-exempt nonprofit based in Idaho. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Latino Economic And Development Center spend its money?
Latino Economic And Development Center reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Latino Economic And Development Center tax-deductible?
Latino Economic And Development Center is registered as a tax-exempt nonprofit (EIN: 270562365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Latino Economic And Development Center located?
Latino Economic And Development Center is headquartered in Blackfoot, Idaho and files with the IRS under EIN 270562365. It is classified under NTEE code S30.
How many years of IRS 990 filings does Latino Economic And Development Center have?
Latino Economic And Development Center has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Latino Economic And Development Center showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2009–2014), Latino Economic And Development Center's revenue has grown by 24.9%, moving from $63K to $79K. Total assets decreased by 97.1% over the same period, from $5K to $145. Total functional expenses rose by 108.9%, from $51K to $106K. In its most recent filing year (2014), Latino Economic And Development Center reported a deficit of $27K, with expenses exceeding revenue. The organization holds $1K in liabilities against $145 in assets (debt-to-asset ratio: 928.3%), resulting in net assets of $-1,201.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $79K | $106K | $145 | $1K | — | View 990 |
| 2012 | $154K | $59K | $59K | $0 | — | View 990 |
| 2011 | $2K | $43K | $-35,970 | $0 | — | View 990 |
| 2010 | $99K | $99K | $5K | $0 | — | View 990 |
| 2009 | $63K | $51K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $79K, expenses of $106K, and assets of $145 (revenue -48.9% year-over-year).
- 2012: Revenue of $154K, expenses of $59K, and assets of $59K (revenue +8484.0% year-over-year).
- 2011: Revenue of $2K, expenses of $43K, and assets of $-35,970 (revenue -98.2% year-over-year).
- 2010: Revenue of $99K, expenses of $99K, and assets of $5K (revenue +56.2% year-over-year).
- 2009: Revenue of $63K, expenses of $51K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Latino Economic And Development Center:
Data Sources and Methodology
This transparency report for Latino Economic And Development Center 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.