Nonprofit screen
Screen a listGaleo Latino Community Develop Fund Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$1.5Mrevenue
FY2024 · −12% in 3 yrs20staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−45.0%
Months of reserve5.7mo
Revenue growth (annualized)+21.9%
Middle half of peersMedianGaleo Latino Community Develop
Where the money goes FY2024 · $2.2M spent
Programs$1.8M81%Management and general$254k12%Fundraising$174k8%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$292k in FY2022, −$159k in FY2023 and −$683k in FY2024. Cash covers 5.7 months, above the peer median of 5.5.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 22% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort35funders
$1.6Ma year, last 3 years
22%from its largest funder
Funder’17’18’19’20’21’22’23Progeorgia State Table IncSince FY2018$101k$178k$620k$467k$342k$76kMary Reynolds Babcock Foundation IncorporatedSince FY2020$268k$350k$172k$500kNEO Philanthropy IncSince FY2020$335k$125k$195k$170kThe Arthur M Blank Family FoundationSince FY2020$100k$300k$100k$50kLatino Community Fund IncStopped after FY2022$56k$10k$43k$22k$13k–Georgia Alliance Education Fund IncNew in FY2023$100kDonor-advised giftsDonors not disclosed$20k$93k$325k$309k$575k$772k16 other fundersUp to $85k a year each$30k$20k$11k$228k$97k$55k$78k
FundedThrough a donor-advised fundStopped