North Carolina Latino Power

Nonprofit profile at a glance

EIN
812248241
IRS 990-EZ coverage
2016–2024
Forms available
Form 990-EZ 2024
Location
Chapel Hill, NC, USA
Phone
9192827330
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Education N.E.C.

Reported finances

Revenue
$100,954
Expenses
$97,595
Assets
$69,828
Liabilities
$0

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

Leadership & pay

3 people listed

People named in this filing

  • David Ortigoza (Chair)
  • Randy Chambers (Treasurer)
  • Mauricio Castro (Board Member)

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

The mission of NC Latino Power is to build and expand political and civic participation among Latino citizens of North Carolina through leadership training, voter education, and organizing within faith and community institutions.

What it reported doing in 2024

Organizing: NC Latino Power works with leaders in local communities and civic organizations across North Carolina to create partnerships and foster communication, and to assist in organizing those institutions to be better able to act on their interests in the political landscape of their communities. We connected and trained more than 300 Latinos from multiple institutions from 5 different counties on issues that are important to them, such us but not limited to housing, immigration, health, and criminal justice.

Operating model

Revenue model
Donor-supported. 100% 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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 100
  • Sustainability: 51
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.7%; rating input score 97
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 3.3%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.72; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 3% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: -4% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 96.7% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $98K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2016 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.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.