Overview
What is United Latino Fund?
United Latino Fund is a leading philanthropic organization based in Glendale, California. Established by and for the Latinx community, its mission is to transform, uplift, and enhance the quality of life in local communities. Through workplace giving campaigns, United Latino Fund invests in sustainable, community-driven solutions led by local nonprofit organizations. These organizations, in turn, deeply impact the communities they serve. By providing funding to such non-profits, United Latino Fund operates as a significant resource for the Latinx community in Los Angeles.
Official website here: www.unitedlatinxfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.
The United Latino Fund has received a low overall score of 36%, which reflects significant concerns in its accountability and financial practices. While the charity has achieved full marks for having a majority independent board and no material diversion of assets, it has notable deficiencies in critical governance policies such as conflict of interest and whistleblower protections.
The organization struggles with financial transparency, as indicated by a program expense ratio of only 38.69%, which suggests that a smaller portion of its budget is being directed towards its mission-related activities. Additionally, the liabilities to assets ratio of 21.77% raises concerns regarding its financial health. This combination of issues contributes to its poor rating on Charity Navigator.
In summary, while the United Latino Fund demonstrates some strengths in board independence and transparency of meeting minutes, the absence of essential governance policies and low financial efficiency highlight the need for improvement. Potential donors should consider these factors when evaluating their support for this organization.
This AI summary has been generated from information found on Charity Navigator.
Is United Latino Fund legitimate?
United Latino Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Latino Fund 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.unitedlatinxfund.org
What is the mission statement of United Latino Fund?
The United Latino Fund serves as a leading foundation and philanthropic resource, primarily driven by and for the Latino community. Its mission is to enhance the community's quality of life by investing in sustainable, community-driven solutions, which are spearheaded by local nonprofit organizations. These initiatives have a profound impact on the communities they serve. With generous support from workplace giving campaigns, the United Latino Fund empowers these organizations to bring about transformative change.
Official website here: www.unitedlatinxfund.org
What is the revenue of United Latino Fund?
United Latino Fund's revenue in 2024 was $104,654.
Official website here: www.unitedlatinxfund.org
Who are the executives of United Latino Fund and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $53,222
- 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.unitedlatinxfund.org
Where can I find the form 990 for United Latino Fund?
United Latino Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.unitedlatinxfund.org
Learn more at the official website: www.unitedlatinxfund.org
Mission Statement of United Latino Fund
United Latino Fund, a leading foundation and philanthropic resource, is created by and for the Latino community in Los Angeles. Its mission is to transform, uplift, and improve the quality of life within the community. The organization achieves this by investing in sustainable, community-driven solutions led by local nonprofit organizations. These organizations have a profound impact on the communities they serve, thanks to generous support from workplace giving campaigns. By funding these initiatives, United Latino Fund aims to empower the Latino community and contribute to its overall development and progress.
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Impact
October, 2024
United Latino Fund significantly enhances the quality of life for the Latinx community in Los Angeles through targeted investments and sustainable solutions. By providing essential funding to local organizations, it drives initiatives that address the specific needs of the community. The Fund empowers grassroots efforts that uplift and transform neighborhoods, ensuring that solutions are both community-driven and culturally relevant. Generous support from workplace giving campaigns amplifies its impact, enabling these organizations to implement meaningful programs that foster resilience and growth within the Latinx population in Glendale and beyond. Through these actions, United Latino Fund plays a crucial role in creating a more equitable and thriving community.
This information is meant to be a general summary of United Latino Fund. 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: $104,654
Assets and Liabilities:
- Total Assets: $5,228
- Total Liabilities: $5,766
- Net Assets: -$538
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Organization Details
Founding Year
1990
Principal Officer
Victor Cruz
Website
www.unitedlatinxfund.orgNTEE Category
Code: P120 - Human services
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