Overview
What is Latino Family Services Inc?
Latino Family Services Inc, based in Detroit, Michigan, is a community-focused nonprofit organization with a mission to enhance the lives of its residents, particularly the Latino community. With a dedicated workforce of three individuals, they offer a range of comprehensive human services, including substance addiction and co-occurring disorder treatment, prevention services for both adults and youth, and resources to support families and individuals within their community. Their approach is culturally competent, and they collaborate with various individuals, community groups, organizations, and institutions to achieve their goals. Their primary focus is on improving the quality of life for children, youth, adults, families, and the developmentally disabled, including veteran families. Their services are funded through grants, such as the NCADD grant for their youth program.
Official website here: www.latinofamilyservices.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%)
Latino Family Services Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The organization's overall score is 62%, reflecting some strengths in program expense ratios and compliance policies, which are well-defined and documented. However, the lack of independent board members is a significant concern that affects its governance standards.
Despite having a high program expense ratio at 80.78%, which suggests that a large portion of its funds supports programs rather than administrative costs, there are notable weaknesses in financial transparency. The nonprofit has not posted its tax forms on its website, which is a critical aspect of accountability. Additionally, the liabilities to assets ratio is concerning at 235.53%, indicating a potential risk in financial stability.
While Latino Family Services Inc has policies in place for conflict of interest, whistleblower protections, and document retention, the absence of independent board members raises questions about its governance effectiveness. Overall, there are commendable aspects related to operations, but critical improvements are necessary to enhance accountability and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Latino Family Services Inc legitimate?
Latino Family Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latino Family Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $50,165
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.latinofamilyservices.org
What is the mission statement of Latino Family Services Inc?
Latino Family Services Inc, as a community agency, is dedicated to improving the quality of life for various residents of Wayne County, with a special focus on its Latino population. Their mission involves providing and coordinating comprehensive human services, including substance addiction and co-occurring disorders prevention services, adult and youth resources, and support for families and individuals. These services are delivered in a culturally competent manner and are implemented through collaborations with individuals, community groups, organizations, and institutions. The ultimate goal is to sustain families and individuals within the community.
Official website here: www.latinofamilyservices.org
Who is the CEO of Latino Family Services Inc?
Lidia Reyes Flores is the CEO of Latino Family Services Inc The CEO's salary of Latino Family Services Inc is $65,000 and their total compensation is $65,000.
Official website here: www.latinofamilyservices.org
What is the revenue of Latino Family Services Inc?
Latino Family Services Inc's revenue in 2022 was $66,230.
Official website here: www.latinofamilyservices.org
Who are the executives of Latino Family Services Inc and what are their salaries?
The average compensation at Latino Family Services Inc during 2022 was $16,722. There are 3 employees and 8 volunteers at Latino Family Services Inc.
Here are 6 key members and their salaries (Latino Family Services Inc's CEO's salary is $65,000 and their total compensation is $65,000):
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- Compensation: $65,000
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Official website here: www.latinofamilyservices.org
Where can I find the form 990 for Latino Family Services Inc?
Latino Family Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.latinofamilyservices.org
Learn more at the official website: www.latinofamilyservices.org
Mission Statement of Latino Family Services Inc
Latino Family Services (LFS) is a community agency that is committed to improving the lives of residents in Wayne County, with a special focus on its Latino population. Their mission is to provide and coordinate comprehensive human services that enhance the quality of life for children, youth, adults, families, and the developmentally disabled, including veteran families. These services cover substance addiction, co-occurring disorders, adult and youth prevention, and resource provision to help sustain families and individuals within the community. LFS carries out this mission in a culturally competent manner by collaborating with various individuals, community groups, organizations, and institutions. Through this collaborative approach, LFS aims to provide services that are sensitive to the unique needs and cultural backgrounds of its Latino population, ultimately contributing to the betterment of the community as a whole.
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Impact
August, 2024
Latino Family Services Inc plays a crucial role in enhancing the quality of life for residents of Wayne County, particularly focusing on the Latino community. By providing comprehensive human services, including substance addiction treatment, prevention services, and resources for families and individuals, LFS is making a significant impact on the well-being of children, youth, adults, families, and the developmentally disabled in the community. Through their culturally competent approach and collaboration with various stakeholders, LFS is helping to sustain families and improve the lives of underprivileged youth and families in Detroit, MI.
This information is meant to be a general summary of Latino Family Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $66,230
Assets and Liabilities:
- Total Assets: $50,282
- Total Liabilities: $118,434
- Net Assets: -$68,152
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Organization Details
Founding Year
1971
Principal Officer
Sonia Plata
Website
www.latinofamilyservices.orgNTEE Category
Code: P840 - Human services
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