Latin American Leadership Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To promote sustainable economic development and strengthen democratic governance in Latin America by developing and connecting a new generation of principled and socially innovative leaders.
- Income
- $1.9 million
- Spending
- $1.1 million
- Spent on programs
- 64%
- Reserves
- 26.1 months of spending
- Largest source of income
- donations and private grants, 83%
- Employees
- 0
- Highest pay
- $109,996, director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 77% of charities in its peer group (public benefit, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 26.1 months of spending.
Debt
20 of 20It owes 4% of what it owns.
Living within its means
15 of 15Income exceeded spending by 39% of income.
Income trend
15 of 15Income rose 24% on the year before.
Spending floor
8 of 1564% of spending went to programs and raising each dollar of donations cost 12 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 68 out of 100. Higher than 21% of charities in its peer group (public benefit, $1m to $10m).
Independent board
25 of 257 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $731,190 spent. In 2024, LALA's core programs continued to perform well, engaging a total of 544 participants across key initiatives. The leadership bootcamp, serving as the gateway into LALA's lifelong ecosystem, delivered ten virtual camps focused on self-leadership, storytelling, and community building. Though participant numbers were slightly lower than during the pandemic peak, this approach strengthened operations in preparation for in-person relaunch in 2025. Bootcamp participants reported significant gains in self-confidence (from 49 to 86) and mental health (from 47 to 87), highlighting the program's impact on personal resilience and social impact identity. The University Placement program selected 32 students from 254 applicants across Brazil, Ecuador, El Salvador, and Peru 60% first-generation, BIPOC, and gap year students resulting in 18 students securing full scholarships totaling nearly $2.5 million for the first year and an estimated $10.2 million over four years. In 2024, 23 students received acceptance letters, with 15 fully funded offers and three external scholarships; notably, 27.78% of fully funded acceptances were awarded to Peruvian students. The Mentorship Program provided tailored support to 122 LALideres through 370 mentoring sessions and five collective trainings, with 95% of mentees progressing toward their goals, 20% fully achieving them, and high satisfaction rates, emphasizing the program's effectiveness in skills development and network expansion.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.