Skip to content

Georgia · Nonprofit

GALEO LATINO COMMUNITY DEVELOP FUND INC

GALEO LATINO COMMUNITY DEVELOP FUND INC (Georgia) receives grants from 35 organizations whose IRS filings report $8,492,819 to it, the largest being PROGEORGIA STATE TABLE INC ($2,183,811). 15 of them have funded it in more than one year.

Revenue FY2024
$1.5M
Funders on record
35
Grants received
$8.5M
Net assets
$1.0M
15/35 repeat funderspeak grant-dependency 97%
01What it does

What Galeo Latino Community Develop Fund Inc does

Mission

Galeo latino community development fund inc promotes engagement of the latino and immigrant community on issues that matter to them. Our efforts have focused on immigrant reform, voting rights, leadership development and civic engagement.

As stated on its FY2018 Form 990.

Programs

  1. Latino leadership development

    $1,770,776 spent
    100% of program spending
  2. Civic engagement, voter registration, voting rights, bipoc issues

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,770,776.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($378k) Expenses 100 ($215k) Net assets 100 ($231k)2018 Revenue 91 ($345k) Expenses 144 ($309k) Net assets 116 ($268k)2019 Revenue 152 ($576k) Expenses 171 ($367k) Net assets 213 ($492k)2020 Revenue 618 ($2.3M) Expenses 668 ($1.4M) Net assets 581 ($1.3M)2021 Revenue 457 ($1.7M) Expenses 426 ($916k) Net assets 933 ($2.2M)2022 Revenue 503 ($1.9M) Expenses 1020 ($2.2M) Net assets 806 ($1.9M)2023 Revenue 494 ($1.9M) Expenses 942 ($2.0M) Net assets 738 ($1.7M)2024 Revenue 401 ($1.5M) Expenses 1022 ($2.2M) Net assets 443 ($1.0M)
'17'18'19'20'21'22'23'24
Revenue (401)Expenses (1022)Net assets (443)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $495k to $1.4M (+181%).

$234k
$270k
$495k
$1.4M
$2.2M
$2.0M
$1.9M
$1.1M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

97% of GALEO LATINO COMMUNITY DEVELOP FUND INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$163k
’17
$36k
’18
$210k
’19
$901k
’20
$812k
’21
−$292k
’22
−$159k
’23
−$683k
’24
5.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Gerardo Gonzal

CEO

Board chair

Art Gambill

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed555512121212
Joined·+1+1+0+7+0+0+6
No longer listed·1100006
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 14 funders, grant income rose $30k → $1.7M.

11 of 35 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GALEO LATINO COMMUNITY DEVELOP FUND INC’s funders (the co-funder graph). Top 30 of 35 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GALEO LATINO COMMUNITY DEVELOP FUND INC has a broad base — no single funder exceeds 26% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

74% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GALEO LATINO COMMUNITY DEVELOP FUND INC.

26%
largest funder
58%
top three
~7
effective funders

Largest funder’s share by year: 2017 73% · 2018 51% · 2019 61% · 2020 32% · 2021 28% · 2022 28% · 2023 37% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of GALEO LATINO COMMUNITY DEVELOP FUND INC's funders are still giving 3 years after their first grant; 43% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

54% of GALEO LATINO COMMUNITY DEVELOP FUND INC's grant income comes from Georgia funders.

NY
CA
NC
DC
GA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Georgia out of state home

Funder states come from each funder’s own filing. $2.5M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

GALEO LATINO COMMUNITY DEVELOP FUND INC has grown faster than three-quarters of the 4,203 community improvement nonprofits its size.

Operating margin−45% · bottom quartile
Months of reserve5.7mo · above the median
Revenue growth (annualized)22% · top quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Organizations like GALEO LATINO COMMUNITY DEVELOP FUND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Georgia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 12%Fundraising 8%

Governance

11
board members
100%
independent
–Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

GA

Screen this organization

A dated, signed PDF of the compliance screen for GALEO LATINO COMMUNITY DEVELOP FUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GALEO LATINO COMMUNITY DEVELOP FUND INC?
GALEO LATINO COMMUNITY DEVELOP FUND INC (Georgia) receives grants from 35 organizations whose IRS filings report $8,492,819 to it, the largest being PROGEORGIA STATE TABLE INC ($2,183,811). 15 of them have funded it in more than one year.
How many funders does GALEO LATINO COMMUNITY DEVELOP FUND INC have?
IRS filings report 35 organizations giving $8,492,819 in grants to GALEO LATINO COMMUNITY DEVELOP FUND INC, 15 of which have funded it in more than one year.
Who is the largest funder of GALEO LATINO COMMUNITY DEVELOP FUND INC?
PROGEORGIA STATE TABLE INC is the largest funder on record, with $2,183,811 in grants. The full list of funders is on this page.
How can an organization like GALEO LATINO COMMUNITY DEVELOP FUND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Galeo Latino Community Develop →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 35 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing