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Latino Resource Organization

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 953655201 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Latino Resource Organization?

The Latino Resource Organization, situated in Westside Los Angeles, California, is a 30-year-old nonprofit organization. Primarily, it serves the underprivileged communities and extremely low-income families, with a focus on immigrant households. Their mission encompasses addressing the economic, educational, emotional, and cultural challenges these communities often face. The organization provides a continuum of core services, including family support, education programs, and senior programs, all aimed at helping these families progressively improve their socio-economic situation and the academic achievements of their youth. With a dedicated workforce of 23 individuals, the Latino Resource Organization serves as a vital resource for the community, offering a safety net and assisting families in their journey towards a better quality of life.


Official website here: www.latinoresource.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Star rating.

The Latino Resource Organization has received a Three-Star rating from Charity Navigator, reflecting an overall score that highlights its strong accountability and financial practices. The organization scored particularly well in areas such as board independence and financial oversight, with an impressive 100% of board members being independent. Moreover, the high program expense ratio of 93.81% indicates that a significant portion of its resources is dedicated to its mission-driven work.

However, there are some areas for improvement noted in the evaluation. The organization is lacking certain policies like a conflict of interest policy and a whistleblower policy, which may affect transparency and governance. Additionally, the absence of board meeting minutes on its website could raise concerns about documentation and accessibility for stakeholders.

Overall, while the Latino Resource Organization demonstrates strong financial health and commitment to its programs, addressing the noted governance gaps could enhance its credibility and operational effectiveness.


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

Is Latino Resource Organization legitimate?

Latino Resource Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latino Resource Organization 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: $100,404
Professional Fundraising Fees: $3,187
Other Salaries and Wages: $518,218

For more financial information, click here


Official website here: www.latinoresource.org

What is the mission statement of Latino Resource Organization?

The Latino Resource Organization, established 30 years ago, is committed to assisting low-income families and supporting the academic achievement of youth. Situated in Westside Los Angeles, this nonprofit organization provides a range of services designed to help these families achieve socio-economic stability. The organization's mission is deeply rooted in the community it serves, focusing on addressing the economic, educational, emotional, and cultural challenges faced by disadvantaged immigrant households. Starting from providing basic needs support, the Latino Resource Organization aims to help these families progress to a better quality of life.


Official website here: www.latinoresource.org

Who is the CEO of Latino Resource Organization?

Joseph Soto is the Executive Dir. of Latino Resource Organization.


Official website here: www.latinoresource.org

What is the revenue of Latino Resource Organization?

Latino Resource Organization's revenue in 2022 was $1,278,060.


Official website here: www.latinoresource.org

Who are the executives of Latino Resource Organization and what are their salaries?

The average compensation at Latino Resource Organization during 2022 was $26,897. There are 23 employees and 6 volunteers at Latino Resource Organization.


There is 1 key member and their salary:


Joseph Soto (Executive Dir.)
  • Compensation: $100,404
  • Related: $0
  • Other: $0


Official website here: www.latinoresource.org

Where can I find the form 990 for Latino Resource Organization?

Latino Resource Organization's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.latinoresource.org

Learn more at the official website: www.latinoresource.org

Mission Statement of Latino Resource Organization

The Latino Resource Organization, established three decades ago, is committed to serving very-low and low-income families in Westside Los Angeles. With a deep-rooted connection to its target population, primarily working poor communities and extremely low-income families, the organization addresses the multifaceted challenges these disadvantaged immigrant households face. Starting from addressing basic needs such as food and shelter, the Latino Resource Organization aims to help these families progress towards an improved quality of life. The organization's mission extends beyond economic aid, as it also addresses educational, emotional, and cultural issues prevalent in these communities. By providing a continuum of core services, the Latino Resource Organization strives to empower these families and help them achieve socio-economic resources and improved academic achievements for their youth.

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Impact




July, 2024

Latino Resource Organization has a significant impact on Westside Los Angeles communities by providing a range of essential services to very-low and low-income families. Through their family source center, education programs, and senior programs, the organization is dedicated to assisting individuals in achieving socio-economic resources and youth services that target academic achievement. With a focus on addressing economic, educational, emotional, and cultural issues common in disadvantaged immigrant households, Latino Resource Organization plays a vital role in helping these communities improve their quality of life.




This information is meant to be a general summary of Latino Resource Organization. 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.

Revenue
$1,278,060 (2022)
Expenses
$1,267,256 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,278,060

Assets and Liabilities:

  • Total Assets: $609,194
  • Total Liabilities: $226,009
  • Net Assets: $383,185

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Organization Details

Founding Year

1983

Principal Officer

Joseph Soto

Main Address

1645 Corinth Ave 112, Los Angeles, CA, 90025

NTEE Category

Code: P84 - Human services

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