Latino Family Institute Inc

Nonprofit profile at a glance

EIN: 954587747
IRS 990 coverage: 2017–2024
Forms available: Form 990 2024
Location: West Covina, CA, USA
Phone: 6264720123
Rating: 74
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Adoption

Reported finances

Revenue: $906,090
Expenses: $1,386,182
Assets: $250,916
Liabilities: $52,007

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

Leadership & pay

6 people listed

Executive titles in this filing

MARIA L QUINTANILLA (CEO)
ENRIQUE MEDINA (President)
MARIA A BURWELL (Vice President)

Highest reported compensation

WILSON CASTELLON (CFO): $259,708 total reported compensation
MARIA L QUINTANILLA (CEO): $220,990 total reported compensation

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

Overview

Mission

Latino family institute is an adoption, foster care and family support agency dedicated to improving social welfare conditions leading to increased family functioning.

What it reported doing in 2024

Adoption program: since 1989, latino family institute (lfi) has been working with individuals and couples from all walks of life to help them realize their dream of becoming a family with children.lfi offers full-service adoption-related services free of charge and is committed to ensuring the best match for each family and child we serve. In keeping with our mission to build strong, nurturing families, it is the policy of lfi not to exclude persons from consideration as prospective adoptive parents on the basis of their race, religion, cultural heritage, physical handicaps, sexual orientation, marital status or age. At lfi, our overriding concern is the timely placement of a child with permanent and nurturing caretakers that are sensitive to childs trauma history and their developmental, social, emotional, cognitive, physical needs.

Operating model

Revenue model: Earned-program. 99% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - 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: 86
Transparency & Controls: 66
Accountability: 79
Sustainability: 8
Growth: 80

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 90%; rating input score 90
Fundraising efficiency: Limited

Transparency & Controls

Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- 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: Limited
Related-party transparency: Limited

Accountability

Independent voting board: 80%; rating input score 80; 18th percentile among comparable filings
Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Missing
- Independent financial-statement audit: Fail

Sustainability

Operating margin: -53%; rating input score 3; 3rd percentile among comparable filings
Total-asset coverage ratio: 0.18; rating input score 8; 8th percentile among comparable filings
Liabilities to assets ratio: 0.21; rating input score 31; 31st percentile among comparable filings
Officer compensation ratio: 34.7%; rating input score 5; 5th percentile among comparable filings

Growth

Program expense growth: 5.5% per year; rating input score 100; 45th percentile among comparable filings
Revenue growth: 1.2% per year; rating input score 100; 20th percentile among comparable filings
Asset growth: -15.3% per year; rating input score 0; 2nd percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 90% of spending went to programs
Governance: 4 of 5 board members independent · 7 of 9 filing controls reported
Programs: 3 filed program accomplishments · $1.2M in reported program spending
Leadership: top reported pay $260K · 6 people listed · 2 of 6 pay-setting controls reported
Consistency: 20 of 21 current checks pass · 1 finding to review
Schedules: 4 filed schedules · includes executive pay
Filing history: 7 filing years from 2017 to 2024
Contacts: How to reach this organization
Money network: 2 filed money-flow records
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.
Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

High — Sustainability: Operating margin scored 3/100.
High — Sustainability: Total-asset coverage ratio scored 8/100.
Review — Accountability: Governance controls: Independent financial-statement audit not reported.
High — Growth: Asset growth scored 0/100.
Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
High — Sustainability: Officer compensation ratio scored 5/100.
Moderate — Sustainability: Liabilities to assets ratio scored 31/100.