Latin American Leadership Foundation Inc

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

The Latin American Leadership Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its overall operations. With a score of 71%, the organization demonstrates a reasonably strong commitment to accountability and finance, highlighted by its high percentage of independent board members and a favorable liabilities to assets ratio. These factors suggest a solid governance structure and financial stability.

However, the organization faces significant challenges in transparency and policy documentation. Key documents such as financial statements and tax forms are missing, which severely impacts its accountability score. Additionally, the absence of a whistleblower policy and document retention policy raises concerns about the organization's commitment to ethical practices and compliance with best practices in nonprofit governance.

Despite these limitations, the foundation does maintain a commendable program expense ratio of 71.64%, implying that a significant portion of its funds is directed towards its mission-related activities. Addressing the noted deficiencies in documentation and policy implementation could enhance its rating and overall public trust.

This AI summary has been generated from information found on Charity Navigator.

Latin American Leadership Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latin American Leadership Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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