National Latino Evangelical Coalition Inc

Nonprofit profile at a glance

EIN
452323621
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022, Form 990-N 2013
Location
Orlando, FL, USA
Phone
9174103335
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Support N.E.C.
Affiliation
Christianity

Reported finances

Revenue
$1,677,680
Expenses
$240,091
Assets
$1,581,117
Liabilities
$0

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

Leadership & pay

10 people listed

Executive titles in this filing

  • Gabriel Salguero (President)
  • Jeanette Salguero (Vice President)

Highest reported compensation

  • Gabriel Salguero (President): $47,116 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 National Latino Evangelical Coalition (NaLEC) seeks to respond to a real need for Latino and Latina Evangelical voices committed to the common good and justice in the public sphere. A national coalition with the objective of educating from a common good Latino-Evangelical perspective in the public sphere may increase the probability of the enactment for just legislations. We seek to do this by promoting and amplifying the voices of this growing constituency. The aim is to both provide alternative voices to the existing partisan voices and to create national awareness about the growing number of Latino Evangelicals who are not captive to partisan politics. The NaLEC initiatives can provide a platform for this growing and often unheard demographic.

What it reported doing in 2024

Strenghtening Leaders: to empower and sustain Latino pastoral leadership and congregations across the United States by developing a scalable infrastructure, improving communication strategies, and fostering the emergence of new leaders through a comprehensive approach.

Operating model

Revenue model
Earned-program. 86% of the money available for current operations came from fees and other program revenue.
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 most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 39
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 84
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 13.6%; rating input score 14
  • Program expense ratio: 95%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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: 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: 85.7%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 6.59; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 19.6%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 128% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 91.2% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 102.5% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 13.6% of revenue deployed · 95% of spending went to programs
  • Governance: 10 of 10 board members independent · 6 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $228K in reported program spending
  • Leadership: top reported pay $47K · 10 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.

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 14/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.