Institute for Latino Progress

Nonprofit profile at a glance

EIN
362937375
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Chicago, IL, USA
Phone
7738900055
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Centers to Support the Independence of Specific Populations

Official website

Reported finances

Revenue
$23,401,398
Expenses
$19,577,322
Assets
$25,092,339
Liabilities
$9,640,896

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • KARINA AYALA-BERMEJO (PRESIDENT AND CEO)

Highest reported compensation

  • KARINA AYALA-BERMEJO (PRESIDENT AND CEO): $183,959 total reported compensation
  • EVA ARCENTALES (TEACHER): $141,561 total reported compensation
  • CARLOS JARAMILLO (COO): $140,508 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The institute for latino progress provides services that contribute to the fullest development of latino immigrants and their families through education, training, and employment that fosters full participation in society while preserving cultural identity and dignity.

What it reported doing in 2024

The instituto citizenship department and immigration legal services office provides immigration eligibility screening, deferred action for childhood arrivals (daca) renewals, and citizenship application processing for low income lawful permanent residents and all immigrants residing in Illinois. We are proud to be the largest processor of citizenship applications in the state of Illinois. Our legal aid programs educate and support latino communities by providing resources that promote equal access to justice. Our services include legal consultations, case review, and presentation for work permits, asylum applications, victims-based relief (u and t visas), family-based petitions and adjustments of status. We also provide credible fear and reasonable fear advisals for detained and non-detained individuals, immigration court proceedings advisals, foia requests with uscis, eoir, cbp, ice, as well as motions to reopen, motions to continue, voluntary departure, changes of venue and changes of addresses.

Operating model

Revenue model
Grant-funded. 75% of the money available for current operations came from government grants.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Assets have declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 60
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.5%; rating input score 72
  • Program expense ratio: 85.5%; rating input score 86
  • Fundraising efficiency: $123.25 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 16.3%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 1.28; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 5%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: 15.2% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 4.4% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: -3.3% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 71.5% of revenue deployed · 85.5% of spending went to programs
  • Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 5 filed program accomplishments · $16.7M in reported program spending
  • Leadership: top reported pay $184K · 20 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • 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 — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.