Latino Victory Project

“Latino victory project hired arabella advisors, a philanthropic consulting firm, to provide financial, operational and compliance management services to the organization. Arabella advisors manages the organizations bank account, financial reporting and payment processing. In addition, latino victory project had a cost sharing agreement with new venture fund, a 501 (c)(3) public charity, which allowed for employees of new venture fund to perform work on behalf of latino victory project. The organization reimbursed new venture fund for this work on a monthly basis.”

“It will be sent to each board member prior to filing with a follow-up meeting for discussion.”

“The president's compensation was determined by the management company, new venture fund, and the management company's board of directors. Comparability data and salary history were considered in the deliberation. The president's salary has not changed since 2014. For the treasurer, comparability data and salary history were considered.”

“Form 1024 has not been filed with the irs. Form 990 is available for public inspection upon request.”

“Latino victory project does not make copies of its governing documents, conflict of interest policy, and financial statements available to the public.”

“Communications: program service expenses 79,098. Management and general expenses 0. Fundraising expenses 13,959. Total expenses 93,057. Data analysis: program service expenses 39,385. Management and general expenses 0. Fundraising expenses 6,950. Total expenses 46,335. Strategic consulting: program service expenses 11,900. Management and general expenses 0. Fundraising expenses 2,100. Total expenses 14,000.”