Mexicano Latino Institute Of Utah Inc
EIN: 50573760 · Salt Lake Cty, UT · NTEE: N52
| Metric | Value |
|---|---|
| Total Expenses | $21K |
| Net Assets | $19K |
Is Mexicano Latino Institute Of Utah Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mexicano Latino Institute Of Utah Inc
Mexicano Latino Institute Of Utah Inc (EIN: 50573760) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code N52. 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 Mexicano Latino Institute Of Utah Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mexicano Latino Institute Of Utah Inc is a micro nonprofit that has been operating for 23 years, with 4 years of IRS 990 filings on record (2012–2017). Revenue has grown at a compound annual rate of -5.5%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $21K |
| Surplus / Deficit | +$4K |
| Total Assets | $37K |
| Total Liabilities | $18K |
| Net Assets | $19K |
| Operating Margin | 16.8% |
| Debt-to-Asset Ratio | 48.8% |
| Months of Reserves | 20.9 months |
Financial Health Grade: A
In 2017, Mexicano Latino Institute Of Utah Inc reported a surplus of $4K with revenue exceeding expenses, holds 20.9 months of operating reserves (strong position), has a debt-to-asset ratio of 48.8% (moderate leverage).
Financial Trends
Over 4 years of filings (2012–2017), Mexicano Latino Institute Of Utah Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -18.2% | -22.9% | +299.8% |
| 2014 | -17.3% | -18.6% | +65.9% |
| 2013 | +11.5% | -26.5% | +229.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mexicano Latino Institute Of Utah Inc 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 Mexicano Latino Institute Of Utah Inc 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.8%.
Frequently Asked Questions about Mexicano Latino Institute Of Utah Inc
Is Mexicano Latino Institute Of Utah Inc a legitimate charity?
Mexicano Latino Institute Of Utah Inc (EIN: 50573760) is a registered tax-exempt nonprofit based in Utah. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Mexicano Latino Institute Of Utah Inc spend its money?
Mexicano Latino Institute Of Utah Inc reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mexicano Latino Institute Of Utah Inc tax-deductible?
Mexicano Latino Institute Of Utah Inc is registered as a tax-exempt nonprofit (EIN: 50573760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mexicano Latino Institute Of Utah Inc located?
Mexicano Latino Institute Of Utah Inc is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 50573760. It is classified under NTEE code N52.
How many years of IRS 990 filings does Mexicano Latino Institute Of Utah Inc have?
Mexicano Latino Institute Of Utah Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Mexicano Latino Institute Of Utah Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2017), Mexicano Latino Institute Of Utah Inc's revenue has declined by 24.5%, moving from $34K to $26K. Total assets increased by 2087.6% over the same period, from $2K to $37K. Total functional expenses fell by 53.9%, from $46K to $21K. In its most recent filing year (2017), Mexicano Latino Institute Of Utah Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $18K in liabilities against $37K in assets (debt-to-asset ratio: 48.8%), resulting in net assets of $19K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $26K | $21K | $37K | $18K | — | View 990 |
| 2014 | $31K | $28K | $9K | $0 | — | View 990 |
| 2013 | $38K | $34K | $6K | $0 | — | View 990 |
| 2012 | $34K | $46K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $26K, expenses of $21K, and assets of $37K (revenue -18.2% year-over-year).
- 2014: Revenue of $31K, expenses of $28K, and assets of $9K (revenue -17.3% year-over-year).
- 2013: Revenue of $38K, expenses of $34K, and assets of $6K (revenue +11.5% year-over-year).
- 2012: Revenue of $34K, expenses of $46K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mexicano Latino Institute Of Utah Inc:
Data Sources and Methodology
This transparency report for Mexicano Latino Institute Of Utah Inc 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.