Indiana Latino Institute Inc

EIN: 260036285 501(c)(3) Arts, Culture & Humanities

Indianapolis, IN

Total Revenue
$1,478,705
Total Expenses
$2,187,743
Total Assets
$3,705,887
Net Assets
$3,343,551
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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IN
Principal Officer
Andrew Penalva
Phone
3174721055
Tax Period
2024-01-01 to 2024-12-31

Indiana Latino Institute Inc, founded in 2001, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $2.2M exceeded revenue, resulting in a 48% operating deficit.

Mission

Our mission is to advance Latino educational attainment and workforce preparedness statewide through advocacy, leadership development, and culturally responsive programming.

Program Service Accomplishments

Program 1
Expenses: $1,740,614 Revenue: $309,176

EDUCATIONThe Indiana Latino Institute focuses on increasing the number of Latino high school and college graduates in Indiana by preparing them in four key areas: college access, college success...

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EDUCATIONThe Indiana Latino Institute focuses on increasing the number of Latino high school and college graduates in Indiana by preparing them in four key areas: college access, college success, workforce preparedness, and Voice/Youth Empowerment.a. College AccessILI helps students navigate college processes, financial aid, and career exploration. ILI also refers students and their families to general social service agencies for additional needs. ILI presents information to students and parents about higher education topics such as college readiness, scholarships, financial aid, workforce development, and community service. ILI host annual education summits to educate students on how to successfully prepare for, and complete, the college access component of the college process. A College and Career fair is provided for students.b. College SuccessThe Indiana Latino Institute supports college students statewide throughout their years in higher education to graduation and into the workforce. From one-on-one college coaching, internships, and scholarships, ILI provides resources to ensure students are informed and prepared as they continue their education.There are opportunities for college students at all levels, from traditional four-year tracks, part-time students, certificate programs, and more.c. Workforce PreparednessFirst Year Employment Exploration - ILI secures community partners to host incoming college freshmen over the summer. The program includes real world experience as well as resume development guidance and professional development trainings from ILI staff.Internship Program - ILI secures community partners to host interns over the summer. The internship includes real world experience as well as assistance from ILI staff who guide students to develop their resume and conduct career research projects. ILI provides interns with a scholarship upon completion of the internship.Internship through Partnership ILI partnerships with existing internship programs are available through partners such as Eli Lilly, Sherwin Williams, Allison Transmission, Carrier UTC, and Indiana Internet. These entities are established to provide workforce development opportunities for students. The Indiana Latino Institute places students in these programs that are run by outside entities.Fellowship Program - ILI secures corporate partners to host fellows who are college seniors or graduate students. The fellowship includes real world experience as well as character and leadership development trainings. Fellows are paid directly for their time.d. VOICE (Youth Health Empowerment)The program seeks to engage, educate, and empower youth to celebrate a tobacco-free lifestyle. Voice is actively building a network of Latino youth leaders to assist with the design and implementation of initiatives that will educate the community and empower their peers to be tobacco-free and have a healthy lifestyle."

Program 2
Expenses: $116,470

LEADERSHIPILI's leadership development programming focuses on identifying, supporting, and connecting Latino Hoosier leaders through widespread recognition and by facilitating access and to...

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LEADERSHIPILI's leadership development programming focuses on identifying, supporting, and connecting Latino Hoosier leaders through widespread recognition and by facilitating access and to high-level individuals and spaces.The ILI's Leadership Circle is an annual, year-long commitment that incorporates a multi-pronged approach to bringing young, emerging Latinos front and center, both within the Latino community as well as within the larger community. Through individualized mentoring, networking and leadership development opportunities and think tank sessions based on issues of importance, these talented young leaders will have a unique opportunity to learn from established Latino community members as well as gain valuable skills that will focus on their own empowerment. The Leadership Circle is committed to identifying, mentoring, and connecting young, emerging Latino leaders, ideally aged 29-40, to ensure that the growing community has ready and willing leaders who are prepared for the challenges that lie ahead.Each year, a small group of exemplary emerging Indiana Latinos will participate in this bold new initiative. Those selected will be invited into this exclusive Leadership development series and will make a year-long commitment to fulfilling all requirements of this coveted personal and professional development opportunity through the following paths:1. High Profile Mentorship2. Empowerment Opportunities3. Focused Leadership Training4. Civic Engagement5. Strategic Networking6. Think Tank Breakout Sessions7. Community Service Opportunities

Program 3
Expenses: $136,846

SYSTEM CHANGEThe Indiana Latino Institute empowers Latinos to use their collective voice to create "system change" through education. ILI provides data dissemination to provide definitive and...

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SYSTEM CHANGEThe Indiana Latino Institute empowers Latinos to use their collective voice to create "system change" through education. ILI provides data dissemination to provide definitive and necessary research. Our advocacy efforts strive to form and deliver a Latino perspective that serves as a solid voice on issues of importance for our community.Through our education and advocacy efforts, ILI is positioned to be the leader in all issues impacting Latino communities throughout Indiana. Community empowerment and success begins with developing a well-articulated voice, and our advocacy efforts strive to form and deliver a Latino perspective that serves as a solid voice on issues of importance for our community. ILI will advocate for all issues impacting Latino Hoosiers. This work is not limited to Health and Education, but also on topics such as Immigration, Economic Development and Public Safety. While we work diligently to develop our advocacy efforts on all issues of importance, our strategic objectives include the following:a. ILI serves as a convener of Latino networks and organizations statewide.b. ILI educates community leaders and government officials on issues of importance to the Indiana Latino communities.c. ILI strives to educate community members on issues of importance to the Latino community (education, health, immigration, and economic development)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,210,929
Program Service Revenue $309,176
Investment Income $39,052
Other Revenue $-80,452
TOTAL REVENUE $1,478,705

Expense Breakdown

Grants Paid $675,397
Salaries & Benefits $901,326
Fundraising Expenses $53,801
Program Expenses $1,993,930
Other Expenses $611,020
TOTAL EXPENSES $2,187,743

Year-over-Year Comparison

2024 2023 Change
Revenue $1,478,705 $2,817,179 -0.5%
Expenses $2,187,743 $1,681,684 +0.3%
Net Income $-709,038 $1,135,495 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
24
Volunteers
80

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$288,646
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Art Vasquez Chair 5.00
Officer Director
$0 $0 $0
Andrew Adams Vice Chair 5.00
Officer Director
$0 $0 $0
Mike Merkel Treasurer 5.00
Officer Director
$0 $0 $0
Dr Virginia Caine Secretary 5.00
Officer Director
$0 $0 $0
Rebeca Espinoza Kubacki Director 1.00
Director
$0 $0 $0
Rosemily Geyer Director 1.00
Director
$0 $0 $0
James McBryant Director 1.00
Director
$0 $0 $0
Alfonso Vidal Director 1.00
Director
$0 $0 $0
Carole Casto Director 1.00
Director
$0 $0 $0
Jadira Hoptry Director 1.00
Director
$0 $0 $0
Ricardo Garcia De Alba Director 1.00
Director
$0 $0 $0
Gina Miller Director 1.00
Director
$0 $0 $0
Rafael Sanchez Director 1.00
Director
$0 $0 $0
Danny Lopez Director 1.00
Director
$0 $0 $0
Seth Morales Director 1.00
Director
$0 $0 $0
Matzine Sanchez-Gutierrez Director 1.00
Director
$0 $0 $0
Mario Rodriguez Director 1.00
Director
$0 $0 $0
Greg Stremlaw Director 1.00
Director
$0 $0 $0
Sam Centellas Director 1.00
Director
$0 $0 $0
Marlene Dotson President & CEO 40.00
Officer
$173,110 $22,380 $195,490
Andrew Penalva Director of Workforce Development 40.00
Officer
$80,267 $12,889 $93,156
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,478,705 $2,187,743 $3,705,887 $-709,038
2023 $2,817,179 $1,681,684 $4,266,333 $1,135,495
2022 $1,263,703 $1,414,713 $3,043,951 $-151,010
2021 $2,930,721 $824,622 $3,077,317 $2,106,099
2020 $993,164 $537,063 $974,656 $456,101
2019 $937,115 $750,812 $642,805 $186,303
2018 $697,502 $646,964 $443,243 $50,538
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