LaAmistad Inc
Nonprofit profile at a glance
- EIN
- 205359559
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Atlanta, GA, USA
- Phone
- 4048422183
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $1,700,128
- Expenses
- $2,292,794
- Assets
- $2,321,698
- Liabilities
- $382,125
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Catrina McAfee (Executive Director)
Highest reported compensation
- Catrina McAfee (Executive Director): $152,449 total reported compensation
- Randy Maner (Finance Director): $64,733 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To prepare Latino students and families for success through academic and life enrichment programs.
What it reported doing in 2024
Other programs include Birth to Five and Alumni.Birth to Five: LaAmistad's newest initiative served 28 children and 26 parents/caregivers through a curriculum adapted to be responsive (culturally and linguistically) in partnership with clinicians and researchers from the Marcus Autism Center, Emory University, and Children's Healthcare of Atlanta. The evidence-based strategies and interventions were delivered by a bilingual speech-language pathologist and focused on fostering early literacy and communication skills, ensuring bilingual children start school ready to succeed. The innovative program focuses on 1) Motivation & Empowerment: Helping caregivers understand their role in fostering literacy in both Spanish and English; 2) Education & Tools: Equipping parents with strategies to support early language development; 3 )Practical Application: Modeling how caregivers can integrate literacy activities into daily routines; 4) Community Building: Connecting caregivers with others raising children of similar ages; and 5) Highlighting the importance of early screening for potential language/communication delays.Alumni: To track long-term program outcomes and extend its impact on its youth, LaAmistad entered its 2nd official year serving middle and high school students focused on academic support, personal and professional development, and college and career readiness. Highlights included campus tours at Emory University and University of Georgia, career exploration with Comcast and MailChimp, cultural exposure at the High Museum and the Fox Theatre, continued mentorship through a curated partnership with Big Brothers Big Sisters, participation in the Latino College and Career Fair, and enrichment outings that included fishing in Helen, GA and Atlanta Sky Hawks basketball games. 191 active alumni were served through both educational and enrichment opportunities tailored to stakeholder feedback. Community Engagement: LaAmistad participated in 29 major community resource and volunteer engagement events and hosted a Spring Fair at the LaAmistad Community Center, resulting in 100 hours of direct community contact in FY25.
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- 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
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: 94
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 92.3%; rating input score 92
- Fundraising efficiency: $28.49 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- 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; 63rd 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: -34.9%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 1.01; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 9.5%; rating input score 39; 39th percentile among comparable filings
Growth
- Program expense growth: 15.6% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 12.9% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 16.7% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 92.3% of spending went to programs
- Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $2.1M in reported program spending
- Leadership: top reported pay $152K · 13 people listed · 4 of 6 pay-setting controls reported
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Operating margin scored 5/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
- Moderate — Sustainability: Officer compensation ratio scored 39/100.