Petare-latam Foundation Inc is a 501(c)(3) organization based in Doral, Florida, registered in 2020, with $245,674 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$246K
▲ 1.2% vs prior year
Food & Agriculture median: $197K
Expenses (FY2024)
$236K
Net assets
$74K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Petare-latam Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Petare-latam Foundation Inc: 4 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Petare-latam Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Petare-latam Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $262K (FY2021) to $246K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
4.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$74K
Total liabilities
$0
Net assets
$74K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $245,674▲1.2% | $235,960▲4.4% | $74,010▲15.1% | $74,010▲15.1% | 990 |
| 2023 | $242,782▲53.7% | $225,981▲3.4% | $64,296▲35.4% | $64,296▲34.0% | 990 |
| 2022 | $157,919▼39.8% | $218,489▲41.9% | $47,495▼56.0% | $47,995▼55.8% | 990EZ |
| 2021 | $262,180 | $153,979 | $108,065 | $108,565 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Petare-latam Foundation Inc (EIN 84-4503840) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.