Latinos in Action Inc
Nonprofit profile at a glance
- EIN
- 264304427
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024, Form 990-EZ 2011
- Location
- Sandy, UT, USA
- Phone
- 8014040521
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $2,374,301
- Expenses
- $2,640,549
- Assets
- $151,582
- Liabilities
- $629,513
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Highest reported compensation
- JOSE ENRIQUEZ (FOUNDER): $178,800 total reported compensation
- ROBERT HERRERA (CFO): $115,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of latinos in action is to empower latino youth to be college and career ready through culture, service, leadership, and excellence in education.
What it reported doing in 2024
Held 4 in-person educator institutes and 2 virtual educator institutes: two in Utah and two in Florida. New and returning lia teachers participated. Educators were trained on the lia program and given social emotional (sel) tools to prepare them to support students for the upcoming school year. Organized "masterminds" groups that allowed lia student leaders to set and complete goals for their lia classes, gathering as lia regional leaders to support and hold each other accountable. All lia schools were assigned a masterminds group of less than 10 schools that would meet three times a year, with the first session happening during the summer boot camp and the other two sessions happening during the school year. Awarded 30 college scholarships to high school graduating seniors and college students in Utah, Florida, Nevada, Washington, Arizona, Colorado, Oregon, Iowa, and New Mexico.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 65
- Accountability: 63
- Sustainability: 10
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 90.7%; rating input score 91
- Fundraising efficiency: $60.3 raised per $1 spent on fundraising; rating input score 81; 81st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- 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 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -11.2%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 4.15; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 11.1%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 18.8% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 17.9% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 17.1% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 90.7% of spending went to programs
- Governance: 5 of 5 board members independent · 1 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $2.4M in reported program spending
- Leadership: top reported pay $179K · 5 people listed · 0 of 6 pay-setting controls reported
- Consistency: 26 of 26 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 12 filing years from 2012 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Accountability: Governance controls: 6 of 7 not reported.
- High — Sustainability: Operating margin scored 12/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 27/100.