Overview
What is Instituto De Avance Integral Latino Inc?
Instituto De Avance Integral Latino Inc is a community development nonprofit organization situated in Los Angeles, California. The institute is dedicated to advocating for and establishing programs that empower low to moderate income Latino families, enabling them to become self-sufficient and thriving members of their East LA community. Their services include conducting small business workshops, providing group budget coaching sessions, offering financial education, and offering assistance during the COVID-19 pandemic. With a total of six employees, the organization's mission is to uplift its community members through various initiatives and support.
Official website here: www.idealcdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating.
Instituto De Avance Integral Latino Inc has received a low rating of 57%, indicating significant areas for improvement in accountability and financial practices. The organization scored poorly in several metrics, including having a majority independent board and missing financial statements, which are essential for transparency and trust. However, it does have a commendable program expense ratio of 68.41%, suggesting that a substantial portion of its expenditures is directed toward its programs.
Strengths noted in the evaluation include a perfect score in Culture & Community as well as Equity Strategies, reflecting the organization’s commitment to community engagement and inclusivity. Additionally, the organization has demonstrated responsible management of assets, evidenced by a 0.00% liabilities to assets ratio, which indicates no financial risk in terms of liabilities.
Despite these strengths, the lack of critical policies such as conflict of interest and whistleblower protections, as well as the absence of independent board members, raises concerns about governance and oversight. Stakeholders may want to consider these factors when assessing the organization’s overall effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Instituto De Avance Integral Latino Inc legitimate?
Instituto De Avance Integral Latino Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Instituto De Avance Integral Latino 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: $165,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,943
For more financial information, click here
Official website here: www.idealcdc.org
What is the mission statement of Instituto De Avance Integral Latino Inc?
The Instituto De Avance Integral Latino Inc is committed to advocating for and establishing programs that empower low to moderate income Latinx families. Their mission is to help these families become self-sufficient and thrive as integral members of their community. They accomplish this through various initiatives, including offering small business workshops, organizing group budget coaching sessions, providing financial education, and offering assistance during the COVID-19 pandemic. By doing so, they aim to contribute to the overall well-being and success of these families.
Official website here: www.idealcdc.org
Who is the CEO of Instituto De Avance Integral Latino Inc?
Amparo Rincon is the CEO of Instituto De Avance Integral Latino Inc The CEO's salary of Instituto De Avance Integral Latino Inc is $0 and their total compensation is $0.
Official website here: www.idealcdc.org
What is the revenue of Instituto De Avance Integral Latino Inc?
Instituto De Avance Integral Latino Inc's revenue in 2024 was $441,139.
Official website here: www.idealcdc.org
Who are the executives of Instituto De Avance Integral Latino Inc and what are their salaries?
The average compensation at Instituto De Avance Integral Latino Inc during 2024 was $41,490. There are 6 employees and 34 volunteers at Instituto De Avance Integral Latino Inc.
Here are 10 key members and their salaries (Instituto De Avance Integral Latino Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $100,000
- Related: $0
- Other: $0
- Compensation: $65,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.idealcdc.org
Where can I find the form 990 for Instituto De Avance Integral Latino Inc?
Instituto De Avance Integral Latino Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.idealcdc.org
Learn more at the official website: www.idealcdc.org
Mission Statement of Instituto De Avance Integral Latino Inc
Instituto De Avance Integral Latino Inc is committed to advocating for and establishing programs that empower low to moderate income Latino families, enabling them to become self-sufficient and thriving members of their community. This nonprofit organization's mission is multifaceted, encompassing various initiatives designed to uplift these families.
The heart of Instituto De Avance Integral Latino Inc's mission lies in its dedication to fostering self-sufficiency among Latino families. Through workshops, group budget coaching sessions, financial education, and even COVID-19 assistance, the nonprofit aims to equip these families with the necessary skills and resources to become financially independent. By doing so, the institution aspires to contribute to the well-being and prosperity of the East LA community as a whole.
In essence, Instituto De Avance Integral Latino Inc serves as a catalyst for change, empowering the Latino community to take control of their financial futures and become thriving members of their community. Its mission is a testament to the organization's commitment to social equity and upliftment, using education and resource allocation as its primary tools for fostering transformation.
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Impact
July, 2024
Instituto De Avance Integral Latino Inc's impact is significant as it advocates for and creates programs that empower low to moderate-income Latino families in East Los Angeles to become self-sufficient and thriving members of the community. Through initiatives such as small business workshops, group budget coaching sessions, financial education, and providing COVID-19 assistance, the organization is making a tangible difference in the lives of individuals and families who seek to improve their financial stability and overall well-being. By focusing on human services and addressing the specific needs of the Latino community in East LA, Instituto De Avance Integral Latino Inc is positively impacting the lives of those it serves.
This information is meant to be a general summary of Instituto De Avance Integral Latino 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 2024.
- Gross Receipts: $441,139
Assets and Liabilities:
- Total Assets: $146,530
- Total Liabilities: $0
- Net Assets: $146,530
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Organization Details
Founding Year
2015
Principal Officer
Dorima Hamilton
Website
www.idealcdc.orgNTEE Category
Code: P20 - Human services
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