Overview
What is Latinitos Foundation Inc?
The Latinitos Foundation Inc, based in Miami, Florida, is a nonprofit organization that fosters personal growth and development in children and teenagers. They accomplish this through organizing events and tournaments, aimed at enhancing their skills, and offering training in journalism using various media platforms. The foundation also conducts public speaking seminars to boost their confidence, contributing to their overall development. In line with its mission, Latinitos Foundation Inc qualifies as an exempt organization under section 501.c.3, as per the U.S. tax code.
Official website here: www.latinatocias.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 16% (Zero-Star out of Four Star rating)
The Latinitos Foundation Inc has received a low rating of 16%, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members, which is a critical element for transparency and governance. Additionally, it has not established essential policies such as conflict of interest, whistleblower protections, or document retention, which further undermines its accountability.
While the foundation has reported no material diversion of assets and has made its tax documents available on its website, the overall lack of governance structures raises questions about its operational integrity. The absence of board meeting minutes also suggests a lack of documentation and oversight in decision-making processes.
Moreover, the financial metrics reflect a troubling situation, with a program expense ratio of 0.00%, which could imply that the organization is not effectively utilizing its resources to fulfill its mission. These factors collectively highlight the need for significant improvements in governance and financial accountability within the Latinitos Foundation Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Latinitos Foundation Inc legitimate?
Latinitos Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latinitos 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
For more financial information, click here
Official website here: www.latinatocias.com
What is the mission statement of Latinitos Foundation Inc?
The Latinitos Foundation Inc is established with a mission to provide training in journalism to children and teens, utilizing diverse media platforms. This organization aims to enhance their public speaking skills, thereby boosting their confidence. By doing so, the Latinitos Foundation seeks to qualify as an exempt organization under section 501.c.3, as per the Internal Revenue Service guidelines. The foundation conducts events and tournaments to foster the development of skills in young individuals, and offers public speaking seminars to enhance their self-assurance.
Official website here: www.latinatocias.com
Who is the CEO of Latinitos Foundation Inc?
Gaston E Pflucker is the President of Latinitos Foundation Inc.
Official website here: www.latinatocias.com
What is the revenue of Latinitos Foundation Inc?
Latinitos Foundation Inc's revenue in 2022 was $3,377.
Official website here: www.latinatocias.com
Who are the executives of Latinitos Foundation Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.latinatocias.com
Where can I find the form 990 for Latinitos Foundation Inc?
Latinitos Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.latinatocias.com
Learn more at the official website: www.latinatocias.com
Mission Statement of Latinitos Foundation Inc
The Latinitos Foundation is dedicated to a mission that primarily focuses on nurturing the skills and capabilities of children and adolescents. They achieve this by organizing events and tournaments, serving as a platform for these young individuals to enhance their abilities. Besides these interactive activities, the foundation also offers training in journalism, utilizing various media platforms. This aspect of their mission aims to equip kids and teens with the necessary tools to express themselves effectively. Furthermore, the Latinitos Foundation conducts public speaking seminars to boost their confidence, enabling them to communicate confidently in various settings. In essence, the mission of the Latinitos Foundation is to provide a comprehensive learning experience through events, journalism training, and public speaking workshops, ultimately fostering self-assured young individuals who qualify under the exempt organizations described under section 501.c.3.
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Impact
August, 2024
Latinitos Foundation Inc's impact is evident in the increased skill development and confidence of kids and teens through its events, tournaments, journalism training, and public speaking seminars. By providing opportunities for youth to enhance their abilities and gain confidence, Latinitos Foundation Inc contributes to empowering the next generation. This ultimately helps in shaping more capable and self-assured individuals who are better equipped to succeed in various aspects of their lives.
This information is meant to be a general summary of Latinitos Foundation 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: $3,377
Assets and Liabilities:
- Total Assets: $2,379
- Total Liabilities: $0
- Net Assets: $2,379
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Organization Details
Founding Year
2019
Phone
(786) 443-3030Principal Officer
Gaston E Pflucker
Main Address
10850 SW 88 STREET APT 109, MIAMI, FL, 33176
Website
www.latinatocias.comNTEE Category
Code: O50 - Youth development
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