Latinos for Education Inc

Nonprofit profile at a glance

EIN
812883649
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Boston, MA, USA
Phone
5104885095
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$3,497,669
Expenses
$4,980,145
Assets
$6,127,642
Liabilities
$38,412

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

Leadership & pay

16 people listed

Executive titles in this filing

  • AMANDA FERNANDEZ (CEO)
  • JOSE MAGANA (EXECUTIVE DIRECTOR, CALIFORNIA)
  • JORGE FANJUL (EXECUTIVE DIRECTOR, MASSACHUSETTES)

Highest reported compensation

  • AMANDA FERNANDEZ (CEO): $301,261 total reported compensation
  • MIGDALIA DIAZ (CHIEF OPERATING OFFICER): $230,542 total reported compensation
  • JORGE FANJUL (EXECUTIVE DIRECTOR, MASSACHUSETTES): $197,050 total reported compensation

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

Overview

Mission

We unite latino communities to transform education policy and practice, creating a future where every child can thrive.

What it reported doing in 2024

Latinos for education's mission is to unite latino communities to transform education policy and practice, creating a future where every child can thrive. We do this by growing latino leadership across the education sector, building an ecosystem of latino education leaders working toward a more equitable education for all students, and mobilizing leaders and communities on issues impacting latino students and families via advocacy across the country. During our 2025 fiscal year, latinos for education did this by performing the following activities/programs: continued on schedule o.- aspiring latino leaders fellowship - advances the leadership journey and expands the sphere of influence of 50-75 latino mid- to senior-level school and district staff.- latinx teachers fellowship - equips 40-70 early-career latino k-12 teachers to navigate the increased demands of a changing educational landscape and improve their likelihood of progressing in their careers as teacher leaders.- familias latinas por la educacion: trains and supports 40-50 latino guardians of school-aged children who want to positively impact their education.- advocacy - activates the collective latino community voice on unique issues impacting latino students and families via advocacy and policy change.- edcentro - is an online platform created to connect and support our national network of nearly 4,500 latino education leaders. - ai in education leadership catalyst - empowers 30-50 latino pk-12 education leaders with the knowledge and skills to harness ai for transformative, ethical, and equitable teaching and learning

Operating model

Revenue model
Donor-supported. 85% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 84
  • Accountability: 100
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78%; rating input score 78
  • Program expense ratio: 54%; rating input score 54
  • Fundraising efficiency: $3.67 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • 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: 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: 9 of 9 controls in place; rating input score 100
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -42.4%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 1.23; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 28.1%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 22.6% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 17.6% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 28.3% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 78% of revenue deployed · 54% of spending went to programs
  • Governance: 8 of 8 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.7M in reported program spending
  • Leadership: top reported pay $301K · 16 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $377K reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Financial Efficiency: Program expense ratio scored 54/100.
  • High — Financial Efficiency: Fundraising efficiency scored 11/100.
  • High — Sustainability: Operating margin scored 3/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.