Latino Leaders Network Inc
Nonprofit profile at a glance
- EIN
- 510601578
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- 2029042003
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Minority Rights
Reported finances
- Revenue
- $1,005,374
- Expenses
- $906,285
- Assets
- $263,732
- Liabilities
- $42,572
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Ruben Alvarez (CEO)
People named in this filing
- Mickey Ibarra (Chairman)
- Cristina Antelo (Director)
- Ruben Alvarez (CEO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Latino Leaders Network is a nonprofit, nonpartisan organization dedicated to Bringing Leaders Together to share our personal stories, grow relationships and build unity.We honor leaders who have demonstrated a strong record of impact and influence on the lives of Latinos living in the United States. Our programs provide a platform for public officials, community, and business leaders to share their personal stories of obstacles overcome to achieve success. The Latino Leaders Network provides a platform for policy makers, corporate executives, opinion leaders, civil rights activists, and industry experts to come together at six signature events annually at the Latino Leaders Luncheon Series, and Tribute to Mayors.
Operating model
- Revenue model
- Donor-supported. 100% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 92
- Accountability: 64
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.6%; rating input score 77
- Program expense ratio: 85%; rating input score 85
- Fundraising efficiency: $55.47 raised per $1 spent on fundraising; rating input score 79; 79th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- 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: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 9.9%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 5.3% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 7.4% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 11.2% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 76.6% of revenue deployed · 85% of spending went to programs
- Governance: 8 of 8 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $770K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Accountability: Governance controls: 5 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.