Latino Book Fund

Nonprofit profile at a glance

EIN
464434651
IRS 990-EZ coverage
2019–2022
Forms available
Form 990-EZ 2022, Form 990-T 2022, Form 990-N 2014
Location
Culver City, CA, USA
Phone
8185777975
Rating confidence
Limited
Sector
Libraries

Official website

Reported finances

Revenue
$0
Expenses
$8,552
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • RAUL C CONTRERAS (President)

People named in this filing

  • RAUL C CONTRERAS (President)
  • JULIA MENDOZA (Director)
  • STEVE GARZA (SECRETARY TREAS)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide monetary support to purchase books and class materials for latino and other worthy students attending los angeles valley college.andto provide menotorship to latino college students by providing one on one mentor to latino college students with the goal of matriculating latino community college students to university.

What it reported doing in 2022

Fofilled as arranged grants to studentsall remaining funds sent to los angelesvalley college, trio program.

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
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

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: 2
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 6.2%; rating input score 6

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • 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: 37.9% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: -112.4% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -48.1% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 6.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $530 in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2019 to 2022
  • 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 — Financial Efficiency: Program expense ratio scored 6/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.