Voto Latino Foundation Inc
Voto Latino Foundation Inc. shows strong asset growth and fluctuating but generally positive financial performance.
EIN: 201350252 · Washington, DC · NTEE: R22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.7M |
| Total Expenses | $3.2M |
| Program Spending | 80% |
| Net Assets | $12.5M |
| Transparency Score | 85/100 |
Is Voto Latino Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Voto Latino Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Voto Latino Foundation Inc
Voto Latino Foundation Inc (EIN: 201350252) is a nonprofit organization based in Washington, DC, classified under NTEE code R22. The organization reported total revenue of $9.7M and total assets of $9.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Voto Latino Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Voto Latino Foundation Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 18.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.0M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$6.8M |
| Total Assets | $13.0M |
| Total Liabilities | $495K |
| Net Assets | $12.5M |
| Operating Margin | 67.9% |
| Debt-to-Asset Ratio | 3.8% |
| Months of Reserves | 48.4 months |
Financial Health Grade: A
In 2023, Voto Latino Foundation Inc reported a surplus of $6.8M with revenue exceeding expenses, holds 48.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Voto Latino Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.7% | -40.6% | +101.5% |
| 2022 | +121.3% | +102.7% | +86.5% |
| 2021 | -72.1% | -79.4% | -34.9% |
| 2020 | +208.4% | +242.5% | +171.3% |
| 2019 | -6.1% | -13.4% | +32.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Voto Latino Foundation Inc 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: 80%
- fundraising: 10%
According to IRS 990 filings, Voto Latino Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $6.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation in its IRS 990 filings, which is unusual for an organization of its size and revenue, suggesting either pro-bono leadership or compensation structured in a way not reported as officer compensation on the 990.
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 Voto Latino Foundation Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is atypical for an organization of this scale and could indicate a lack of transparency regarding executive remuneration or an unusual compensation structure.
- Significant fluctuations in expense ratios relative to revenue across different years (e.g., 2020 expenses nearly matching revenue, versus 2023 expenses being significantly lower than revenue).
Strengths
The following positive indicators were identified for Voto Latino Foundation Inc:
- Strong revenue generation, with revenue exceeding $10 million in 2023.
- Substantial asset growth, increasing from $1.9 million in 2019 to $12.9 million in 2023, indicating effective financial management and capacity building.
- Positive net assets, with assets consistently exceeding liabilities across all reported periods, demonstrating financial solvency.
Frequently Asked Questions about Voto Latino Foundation Inc
Is Voto Latino Foundation Inc a legitimate charity?
Voto Latino Foundation Inc (EIN: 201350252) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $9.7M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Voto Latino Foundation Inc spend its money?
Voto Latino Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Voto Latino Foundation Inc tax-deductible?
Voto Latino Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201350252). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Voto Latino Foundation Inc's spending goes to programs?
Voto Latino Foundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Voto Latino Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Voto Latino Foundation Inc is above average for NTEE category R22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Voto Latino Foundation Inc located?
Voto Latino Foundation Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 201350252. It is classified under NTEE code R22.
How many years of IRS 990 filings does Voto Latino Foundation Inc have?
Voto Latino Foundation Inc has 14 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 $9.7M in total revenue.
Is Voto Latino Foundation Inc. financially stable?
Yes, the organization appears financially stable, especially given its substantial asset growth from $1.9 million in 2019 to $12.9 million in 2023, and its ability to generate significant revenue, reaching over $10 million in 2023.
How efficient is Voto Latino Foundation Inc. with its spending?
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the organization's overall expenses have varied significantly relative to revenue. For example, in 2023, expenses were $3.2 million against $10 million in revenue, indicating a high efficiency for that year. However, in 2020, expenses were $12.9 million against $13.2 million in revenue, suggesting lower efficiency in that period.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual and could indicate that executive leadership serves on a pro-bono basis, or that compensation is paid through a related entity, or structured in a way that is not classified as officer compensation on the IRS 990.
Filing History
IRS 990 filing history for Voto Latino Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Voto Latino Foundation Inc's revenue has grown by 811.5%, moving from $1.1M to $10.0M. Total assets increased by 2914.9% over the same period, from $431K to $13.0M. Total functional expenses rose by 248.9%, from $924K to $3.2M. In its most recent filing year (2023), Voto Latino Foundation Inc reported a surplus of $6.8M, with revenue exceeding expenses. The organization holds $495K in liabilities against $13.0M in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $12.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.0M | $3.2M | $13.0M | $495K | — | — |
| 2022 | $8.2M | $5.4M | $6.4M | $975K | — | View 990 |
| 2021 | $3.7M | $2.7M | $3.5M | $491K | — | View 990 |
| 2020 | $13.3M | $13.0M | $5.3M | $3.5M | — | View 990 |
| 2019 | $4.3M | $3.8M | $2.0M | $436K | — | View 990 |
| 2018 | $4.6M | $4.4M | $1.5M | $471K | — | View 990 |
| 2017 | $2.6M | $2.2M | $1.0M | $213K | — | View 990 |
| 2016 | $3.4M | $4.1M | $419K | $42K | — | View 990 |
| 2015 | $1.8M | $1.9M | $1.1M | $50K | — | View 990 |
| 2014 | $2.7M | $3.5M | $1.3M | $62K | — | View 990 |
| 2013 | $2.7M | $1.5M | $2.2M | $147K | — | View 990 |
| 2012 | $3.4M | $3.2M | $904K | $53K | — | View 990 |
| 2011 | $1.0M | $1.1M | $380K | $0 | — | View 990 |
| 2010 | $1.1M | $924K | $431K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.0M, expenses of $3.2M, and assets of $13.0M (revenue +22.7% year-over-year).
- 2022: Revenue of $8.2M, expenses of $5.4M, and assets of $6.4M (revenue +121.3% year-over-year).
- 2021: Revenue of $3.7M, expenses of $2.7M, and assets of $3.5M (revenue -72.1% year-over-year).
- 2020: Revenue of $13.3M, expenses of $13.0M, and assets of $5.3M (revenue +208.4% year-over-year).
- 2019: Revenue of $4.3M, expenses of $3.8M, and assets of $2.0M (revenue -6.1% year-over-year).
- 2018: Revenue of $4.6M, expenses of $4.4M, and assets of $1.5M (revenue +74.8% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.2M, and assets of $1.0M (revenue -23.6% year-over-year).
- 2016: Revenue of $3.4M, expenses of $4.1M, and assets of $419K (revenue +88.9% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.9M, and assets of $1.1M (revenue -31.7% year-over-year).
- 2014: Revenue of $2.7M, expenses of $3.5M, and assets of $1.3M (revenue -1.2% year-over-year).
- 2013: Revenue of $2.7M, expenses of $1.5M, and assets of $2.2M (revenue -21.1% year-over-year).
- 2012: Revenue of $3.4M, expenses of $3.2M, and assets of $904K (revenue +238.0% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.1M, and assets of $380K (revenue -8.5% year-over-year).
- 2010: Revenue of $1.1M, expenses of $924K, and assets of $431K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Voto Latino Foundation Inc:
Data Sources and Methodology
This transparency report for Voto Latino Foundation 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.