Community Improvement
(S20)
IRS Verified
DX Registered
990 on File
GALEO LATINO COMMUNITY DEVELOPMENT FUND INC
Financial strength (30%)
90/100
Reliability (20%)
40/100
Effectiveness (25%)
97/100
Impact (25%)
70/100
CharityAI™ Score
Not yet evaluated
Mission Statement
GALEO’s mission is to increase civic participation by educating and empowering the Latino community and to develop Latino leaders through strategic leadership programs throughout the state of Georgia
Financial Overview — FY 2024
$1.9M
Total Revenue
N/A
Total Expenses
N/A
Net Assets
16
Employees
Revenue Sources
Program Expense Ratio
N/A
Fundraising Efficiency
0.0%
Operating Reserve
N/A
Liability-to-Asset
0.0%
Revenue Diversification
N/A
Compared with Peers
FY 2023
Compared with 2,193 similar organizations
(United States, Community Improvement, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.1% | 85.1% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.1% | 11.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.8% | 0.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.1 mo | 10.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
8.1% | 21.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.6% | 91.2% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-1.8% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-7.6% | 13.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-8.5% | 1.8% |
P10P90
|
Impact
4 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Know your Rights information received | 50,000 | $10.00 | — | Per Week |
| Registered 1200 voters in 2024 and connected with 1 million people about civic engagement | 150,000 | $1.00 | — | Per Year |
| Ran Vamos Pa Fuerta programs for Latinx | 50 | $1.00 | — | Per Day |
| 50 people graduated from out Leadership program | 50 | $10,000.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.9M | N/A | N/A | — | 16 |
| 2023 | $1.9M | $2.0M | $1.7M | 82.1% | 20 |
| 2022 | $1.9M | $2.2M | $1.9M | 87.5% | 18 |
| 2021 | $1.7M | $916K | N/A | — | 14 |
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