Latinos in Transit

Nonprofit profile at a glance

EIN
364826809
IRS 990 coverage
2020–2025
Forms available
Form 990 2025, Form 990-EZ 2021, Form 990-N 2015
Location
Covina, CA, USA
Phone
8165918228
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$275,319
Expenses
$504,952
Assets
$238,204
Liabilities
$7,545

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • EUGENIO BONET (ACTING PRESIDENT / VICE PRESIDENT)
  • CHRISTINA E VILLARREAL (EXECUTIVE DIRECTOR)

Highest reported compensation

  • CHRISTINA E VILLARREAL (EXECUTIVE DIRECTOR): $139,235 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Lit is a nonprofit organization committed to empowering professionals in the public transportation industry to achieve leadership roles by advancing opportunities for workforce development, mentorship, networking, and education.

What it reported doing in 2025

Lit is a nonprofit organization committed to empowering professionals in the transit industry to achieve leadership roles by advancing opportunities for workforce development, mentorship, networking and education.to fulfill this mission, lit develops and delivers workforce and leadership development programs that strengthen the transit industry through professional education, mentorship, networking, scholarships, conferences, leadership academies, webinars, and workforce initiatives. These programs help professionals at every stage of their careers develop the knowledge, skills, and relationships needed to advance into leadership positions while supporting a strong, innovative, and sustainable public transportation workforce.lit's vision is to foster a strong pipeline of skilled, multidisciplinary professionals who support the evolution and innovation of the transit industry. This work is guided by the organization's core values of leading workforce development, leading with integrity, facilitating industry collaboration, leveraging experience through mentorship, empowering professionals at all career levels, supporting education through scholarships, and serving the public through innovation.

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 95% 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 - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 90
  • Accountability: 90
  • Sustainability: 13
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.8%; rating input score 74
  • Program expense ratio: 40.2%; rating input score 40
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 26th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -83.4%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 27.6%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 46.2% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 24.7% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 20.1% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 73.8% of revenue deployed · 40.2% of spending went to programs
  • Governance: 13 of 13 board members independent · 6 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $203K in reported program spending
  • Leadership: top reported pay $139K · 15 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Key Signals

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

  • Moderate — Financial Efficiency: Program expense ratio scored 40/100.
  • High — Sustainability: Operating margin scored 2/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.