Latinos Count Inc

Nonprofit profile at a glance

EIN
461151642
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2019
Location
Fort Wayne, IN, USA
Phone
2607402527
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$150,656
Expenses
$134,667
Assets
$139,077

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

Leadership & pay

14 people listed

People named in this filing

  • Steve Corona (Executive Dir.)
  • Hallie Custer (Chairwoman)
  • Helen Tobo (Vice Chairwoman)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our vision is to prepare Latino youth for global opportunities. Our goals are to increase the college-going rate of Latino students, and to increase the number of Latino youth graduating from high school with an "exit strategy".

What it reported doing in 2024

Career Exploration: Held three sessions in Fort Wayne and Hammond. More than 600 Latino high school youth met with Latino mentors who spoke about their journey from high to the job they now hold. The students heard from subject matter experts about five positive pathways from school: enrollment in college, the workplace, military service, skilled trades apprenticeship, and start your own business.

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
Grant intermediary. The nonprofit sent 70% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 100
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.6%; rating input score 66
  • Program expense ratio: 73.4%; rating input score 73

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 10.6%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 1.03; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 17.8%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 27.2% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 19.6% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 14.1% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 65.6% of revenue deployed · 73.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $99K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2020 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.

Key Signals

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

  • Review — Sustainability: Operating margin scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.