Independent Leadership Project Inc
Nonprofit profile at a glance
- EIN
- 831288573
- IRS 990-EZ coverage
- 2020–2020
- Forms available
- Form 990-EZ 2020
- Location
- Coral Gables, FL, USA
- Phone
- 3054450777
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $7,000
- Expenses
- $10,250
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Orlando Gonzalez (President)
- MERCEDES FERRER (Vice President)
- YEMIL S AGUADA (Vice President)
People named in this filing
- Orlando Gonzalez (President)
- MERCEDES FERRER (Vice President)
- YEMIL S AGUADA (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission is to collaborate on social welfare issues and to utilize economic principles that promote municipal synergy, economic growth, and to facilitate discussion while promoting economic development and job creation in South Florida through sound fiscal policies, lower government spending and reduced taxation. It will also support individuals, organizations, ballot initiatives, and positions that strengthen and improve South Florida's economy, while building support among business leaders, trade groups, schools, and elected officials through education, legislation, and other measures. The organization was established to carry on public policy initiatives, advocacy, and educational work designed to advance and improve the economic and welfare condition of the South Florida community, while also improving and promoting social welfare issues that are important to the South Florida community.The organization is empowered to raise funds for the purpose of furthering these principles;
What it reported doing in 2020
The organization has facilitated discussion and promoted the creation of jobs and economic development in South Florida. It has also built support among business leaders, trade and community groups, schools, elected officials, and ballot initiatives that promote a strong economy. The organization was established to carry on public policy initiatives, advocacy, and educational work designed to advance and improve the economic and welfare condition of the South Florida community, while also improving and promoting social welfare issues that are important to the South Florida community.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 17
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -46.4%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 20/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.