Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated
Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated shows strong revenue growth and no reported officer compensation over the past decade.
EIN: 205987240 · Milwaukee, WI · NTEE: P51 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $310K |
| Total Expenses | $393K |
| Program Spending | 85% |
| Net Assets | $476K |
| Transparency Score | 85/100 |
Is Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated
Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated (EIN: 205987240) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code P51. The organization reported total revenue of $310K and total assets of $410K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 41.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $476K |
| Total Expenses | $393K |
| Surplus / Deficit | +$83K |
| Total Assets | $499K |
| Total Liabilities | $23K |
| Net Assets | $476K |
| Operating Margin | 17.4% |
| Debt-to-Asset Ratio | 4.6% |
| Months of Reserves | 15.3 months |
Financial Health Grade: A
In 2023, Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated reported a surplus of $83K with revenue exceeding expenses, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 4.6% (very low leverage).
Financial Trends
Over 10 years of filings (2013–2023), Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 41.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.3% | +109.1% | +0.4% |
| 2022 | +219.2% | +119.3% | +114.5% |
| 2021 | -57.4% | -54.3% | +15.1% |
| 2020 | +271.4% | +303.8% | +60.9% |
| 2019 | +23.3% | +3.8% | +27.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $83K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the IRS Form 990, which is a positive sign for resource allocation.
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.
Strengths
The following positive indicators were identified for Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated:
- Strong and consistent revenue growth over the past decade, from $14,514 in 201312 to $475,579 in 202312.
- Consistent reporting of 0% officer compensation, indicating a high dedication of funds to programs.
- Healthy asset growth, reaching $499,312 in 202312, demonstrating financial stability.
- Liabilities are a small percentage of assets, indicating good financial management (e.g., $22,980 liabilities vs. $499,312 assets in 202312).
Frequently Asked Questions about Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated
Is Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated (EIN: 205987240) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated spend its money?
Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated tax-deductible?
Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated is registered as a tax-exempt nonprofit (EIN: 205987240). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated's spending goes to programs?
Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated is above average for NTEE category P51 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated located?
Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 205987240. It is classified under NTEE code P51.
How many years of IRS 990 filings does Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated have?
Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated has 10 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 $310K in total revenue.
Is Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated a good charity?
Based on the provided financial data, the organization appears to be a good charity. It demonstrates strong financial growth, maintains healthy asset levels relative to liabilities, and consistently reports 0% officer compensation, suggesting a high dedication of resources to its mission.
How has the organization's revenue grown over time?
The organization has experienced significant revenue growth, increasing from $14,514 in 201312 to $475,579 in 202312, indicating expanding support and operations.
What is the trend in the organization's assets?
Assets have steadily grown from $60,178 in 201312 to $499,312 in 202312, reflecting financial stability and capacity building.
Does the organization compensate its officers?
According to all available IRS 990 filings, the organization consistently reports 0% officer compensation, suggesting that officers are not paid or are compensated in ways not reported as such on the 990.
Filing History
IRS 990 filing history for Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2023), Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated's revenue has grown by 3176.7%, moving from $15K to $476K. Total assets increased by 729.7% over the same period, from $60K to $499K. Total functional expenses rose by 1578.5%, from $23K to $393K. In its most recent filing year (2023), Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated reported a surplus of $83K, with revenue exceeding expenses. The organization holds $23K in liabilities against $499K in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $476K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $476K | $393K | $499K | $23K | — | — |
| 2022 | $371K | $188K | $497K | $107K | — | View 990 |
| 2021 | $116K | $86K | $232K | $6K | — | View 990 |
| 2020 | $273K | $187K | $201K | $7K | — | View 990 |
| 2019 | $73K | $46K | $125K | $0 | — | View 990 |
| 2018 | $60K | $45K | $98K | $0 | — | View 990 |
| 2017 | $42K | $49K | $88K | $0 | — | — |
| 2015 | $20K | $20K | $67K | $0 | — | View 990 |
| 2014 | $26K | $18K | $63K | $2K | — | View 990 |
| 2013 | $15K | $23K | $60K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $476K, expenses of $393K, and assets of $499K (revenue +28.3% year-over-year).
- 2022: Revenue of $371K, expenses of $188K, and assets of $497K (revenue +219.2% year-over-year).
- 2021: Revenue of $116K, expenses of $86K, and assets of $232K (revenue -57.4% year-over-year).
- 2020: Revenue of $273K, expenses of $187K, and assets of $201K (revenue +271.4% year-over-year).
- 2019: Revenue of $73K, expenses of $46K, and assets of $125K (revenue +23.3% year-over-year).
- 2018: Revenue of $60K, expenses of $45K, and assets of $98K (revenue +43.1% year-over-year).
- 2017: Revenue of $42K, expenses of $49K, and assets of $88K (revenue +107.1% year-over-year).
- 2015: Revenue of $20K, expenses of $20K, and assets of $67K (revenue -21.7% year-over-year).
- 2014: Revenue of $26K, expenses of $18K, and assets of $63K (revenue +76.7% year-over-year).
- 2013: Revenue of $15K, expenses of $23K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated:
Data Sources and Methodology
This transparency report for Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated 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.