Latin American Recovery Inc
Nonprofit profile at a glance
- EIN
- 320601186
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2019
- Location
- New York, NY, USA
- Phone
- 2028627849
- Rating confidence
- Limited
- Sector
- Civil Rights, Social Action, Advocacy N.E.C.
Reported finances
- Expenses
- $2,356
- Assets
- $18,597
- Liabilities
- $5,495
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The charity aims to promote, advance and support a variety of humanitarian causes within latin america, including the fulfillment of human rights of latin american refugees, and to preserve the cultural heritage of latin american countries. In furthering this purporse, the charity intends to work closely with and support non-governmental organizations-primarity through grantmaking - with missions closely aligned with that of the charity, the charity strives to be recogneized as an effective and innovative organization that supports humanitarian projects in latin american and works on the preservation of the cultural heritage of latin american countries.
What it reported doing in 2024
See schedule o
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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 82
- Sustainability: 29
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 7.89; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.3; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: -23.2% per year; rating input score 0; 38th percentile among comparable filings
- Revenue growth: -52.2% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: -27.9% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 4 of 4 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- 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: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.