Nonprofit screen
Screen a listLatino Economic Development Corporation
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 nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$16Mrevenue
FY2025 · −61% in 3 yrs79staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−1.1%
Months of reserve6.1mo
Revenue growth (annualized)+17.8%
Middle half of peersMedianLatino Economic Development
Where the money goes FY2025 · $16M spent
Programs$13M79%Management and general$3.0M19%Fundraising$382k2%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$1.8M in FY2024 and −$171k in FY2025. Cash covers 6.1 months, above the peer median of 3.5.
990 Part I and balance sheetIn its favor3
Strong governance
7 of 7 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 18% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 9 of its 9 returns, 47% of revenue in FY2025. $12M is traced federal awards from Department of Health and Human Services.
990 Part VIII · USAspending52funders
$1.5Ma year, last 3 years
19%from its largest funder
Funder’17’18’19’20’21’22’23Capital Impact PartnersSince FY2019$1.0M$130k$500k$191k$133kEnterprise Community Partners IncSince FY2019$466k$806k$46k$50k$60kNational Association for Latino Community Asset BuildersOn and off$13k$18k$856k$25k$60k$70kCiti FoundationStopped after FY2021$350k$500k–UnidosusEvery year since FY2017$82k$57k$90k$71k$91k$69k$186kThe Bank of America Charitable Foundation IncSince FY2020$220k$100k$151k$100kDonor-advised giftsDonors not disclosed$26k$85k$83k$295k$516k$150k$135k30 other fundersUp to $200k a year each$272k$280k$160k$757k$397k$540k$347k
FundedThrough a donor-advised fundStopped