Latinojustice Prldef
Latinojustice Prldef faces recent financial deficits despite substantial assets and fluctuating revenues.
EIN: 132722664 · New York, NY · NTEE: I80Z · Updated: 2026-03-28
Is Latinojustice Prldef Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Latinojustice Prldef directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Latinojustice Prldef
Latinojustice Prldef (EIN: 132722664) is a nonprofit organization based in New York, NY, classified under NTEE code I80Z. The organization reported total revenue of $12.3M and total assets of $13.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Latinojustice Prldef's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Latinojustice Prldef with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Latinojustice Prldef allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
The provided IRS 990 data consistently reports 0% for Officer Compensation across all listed periods, which suggests either a volunteer leadership model or that executive compensation is not categorized under 'Officer Comp' in the provided summary, potentially limiting transparency on this specific aspect.
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.
Red Flags
The following concerns were identified during AI analysis of Latinojustice Prldef's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 202306 expenses $7.9M vs revenue $3.7M)
- Significant decline in assets from peak ($19M in 202106 to $13.8M in 202306)
- Unclear executive compensation reporting (0% officer comp across all filings)
Strengths
The following positive indicators were identified for Latinojustice Prldef:
- Demonstrated ability to attract substantial revenue in certain periods (e.g., $13.1M in 201806, $8.6M in 202106)
- Maintains significant asset base ($13.1M latest assets)
- Historically low liabilities relative to assets in many periods (e.g., $480K liabilities vs $19M assets in 202106)
Frequently Asked Questions about Latinojustice Prldef
Is Latinojustice Prldef a legitimate charity?
Based on AI analysis of IRS 990 filings, Latinojustice Prldef (EIN: 132722664) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Latinojustice Prldef spend its money?
Latinojustice Prldef directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Latinojustice Prldef tax-deductible?
Latinojustice Prldef is registered as a tax-exempt nonprofit (EIN: 132722664). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have expenses consistently exceeded revenue in recent fiscal years (e.g., 202306 and 202206)?
In fiscal year 202306, expenses were $7,961,799 while revenue was $3,750,396, and in 202206, expenses were $5,603,854 against revenue of $4,391,713. This trend suggests the organization is either drawing down reserves or relying on other funding mechanisms to cover operational costs.
What is the reason for the significant fluctuations in assets, from $19,073,818 in 202106 down to $13,822,318 in 202306?
The substantial decrease in assets over recent years, particularly the $5.25 million drop from 202106 to 202306, could be due to asset utilization to cover operating deficits, investment performance, or other strategic financial decisions.
How does Latinojustice Prldef sustain operations when expenses frequently surpass revenue?
The organization likely sustains operations by utilizing accumulated reserves from periods of high revenue (e.g., $13,127,120 in 201806, $8,669,412 in 202106) or through other non-operating income sources not detailed in the provided revenue figures.
Filing History
IRS 990 filing history for Latinojustice Prldef showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Latinojustice Prldef's revenue has grown by 33.5%, moving from $2.8M to $3.8M. Total assets increased by 334.7% over the same period, from $3.2M to $13.8M. Total functional expenses rose by 195.6%, from $2.7M to $8.0M. In its most recent filing year (2023), Latinojustice Prldef reported a deficit of $4.2M, with expenses exceeding revenue. The organization holds $1.7M in liabilities against $13.8M in assets (debt-to-asset ratio: 12.1%), resulting in net assets of $12.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $8.0M | $13.8M | $1.7M | — | View 990 |
| 2022 | $4.4M | $5.6M | $16.4M | $578K | — | View 990 |
| 2021 | $8.7M | $4.6M | $19.1M | $481K | — | View 990 |
| 2020 | $8.1M | $4.5M | $13.9M | $551K | — | View 990 |
| 2019 | $2.4M | $4.0M | $10.4M | $722K | — | View 990 |
| 2018 | $13.1M | $3.4M | $11.3M | $214K | — | View 990 |
| 2017 | $2.5M | $2.7M | $1.8M | $418K | — | View 990 |
| 2016 | $2.6M | $2.8M | $2.2M | $582K | — | View 990 |
| 2015 | $2.2M | $3.0M | $2.6M | $805K | — | View 990 |
| 2014 | $3.9M | $2.8M | $3.5M | $899K | — | View 990 |
| 2013 | $2.8M | $2.8M | $2.7M | $1.0M | — | View 990 |
| 2012 | $2.5M | $2.7M | $2.8M | $1.2M | — | View 990 |
| 2011 | $2.8M | $2.7M | $3.2M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $8.0M, and assets of $13.8M (revenue -14.6% year-over-year).
- 2022: Revenue of $4.4M, expenses of $5.6M, and assets of $16.4M (revenue -49.3% year-over-year).
- 2021: Revenue of $8.7M, expenses of $4.6M, and assets of $19.1M (revenue +6.4% year-over-year).
- 2020: Revenue of $8.1M, expenses of $4.5M, and assets of $13.9M (revenue +234.0% year-over-year).
- 2019: Revenue of $2.4M, expenses of $4.0M, and assets of $10.4M (revenue -81.4% year-over-year).
- 2018: Revenue of $13.1M, expenses of $3.4M, and assets of $11.3M (revenue +428.0% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.7M, and assets of $1.8M (revenue -4.0% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.8M, and assets of $2.2M (revenue +16.7% year-over-year).
- 2015: Revenue of $2.2M, expenses of $3.0M, and assets of $2.6M (revenue -42.5% year-over-year).
- 2014: Revenue of $3.9M, expenses of $2.8M, and assets of $3.5M (revenue +38.5% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.8M, and assets of $2.7M (revenue +9.7% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.7M, and assets of $2.8M (revenue -9.5% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.7M, and assets of $3.2M.
Data Sources and Methodology
This transparency report for Latinojustice Prldef 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.