Form 990 for tax year 2023

Totals

Total revenue

$2,817,179

Total expenses

$1,681,684

Contributions and grants received

$2,496,932

Grants paid

$388,667

Program service revenue

$329,983

Investment income

$0

Other revenue

-$9,736

Total assets, end of year

$4,266,333

Total liabilities, end of year

$213,744

Net assets or fund balances, end of year

$4,052,589

Program services expenses (Part IX)

$1,523,495

Management and general expenses

$106,576

Fundraising expenses

$51,613

Program service expenses (Part III)

$1,523,495

Program services were 90.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• 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."

  Expenses $1,329,945 · Grants $388,667 · Revenue $329,983

• 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

  Expenses $88,991

• 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)

  Expenses $104,559

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• Ivy Tech Communities College Indianapolis

  $40,000

  General Support

• Marian University

  $40,000

  General Support

• Indiana University Indianapolis

  $40,000

  General Support

Provenance

Return type

form_990

Tax year

2023

Filed

6 November 2024

IRS schema version

2023v5.1

Source object

202423129349303562

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.