Los Cortos
Nonprofit profile at a glance
- EIN
- 272300249
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2019
- Location
- Los Angeles, CA, USA
- Phone
- 3238342822
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $3,475
- Expenses
- $944
- Assets
- $3,845
- Liabilities
- $229
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- YANIV WAISMAN (President & CEO)
People named in this filing
- YANIV WAISMAN (President & 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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Los Cortos is a non-profit organization designed to promote and discover filmmakers creating Short Films. Los Cortos is a free place to host and promote short films created by the hispanic community or by people who create short films with an hispanic theme.Los Cortos wants to educate people who are interested in the art of creating short films. With conferences, panels, special guests and events target to schools.
What it reported doing in 2024
Los Cortos started as a website for short films created by the hispanic community, it has grown to a community with dozens of filmmakers, more than 120 short films, 5 events in the US and hundreds of daily visitors to the website.
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
- 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 - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 82
- Sustainability: 78
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 27.1%; rating input score 27
- Program expense ratio: 99.9%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 72.8%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 4.07; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -36.1% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: -17.1% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: 4.1% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 27.1% of revenue deployed · 99.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $943 in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 27/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.