Voto Latino Foundation Inc
- Assets
- $3.5m
- Revenue
- $3.7m
- Investments
- $891.2k
- Employees
- 0
- Location
- Washington, DC
- Founding
- 09/2006
- Data as of
- 12/2021
- EIN
- 20-1350252
Organization Overview
Voto Latino Foundation Inc is located in Washington, DC. The organization was established in 2006. According to its NTEE Classification (R22) the organization is classified as: Minority Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Voto Latino Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Voto Latino Foundation Inc generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
VOTO LATINO EMPOWERS LATINO MILLENNIALS BY ENGAGING YOUTH, MEDIA, AND TECHNOLOGY TO PROMOTE CIVIC PARTICIPATION AND POSITIVE CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIVIC ENGAGEMENT: THROUGH VOTER EDUCATION AND REGISTRATION, AND GET OUT THE VOTE EFFORTS, THE FOUNDATION ENCOURAGES ITS AUDIENCE OF YOUNG LATINOS TO MAKE THEIR VOICES HEARD IN THE POLITICAL PROCESS. IN 2020, VOTO LATINO FOUNDATION WORKED TO EDUCATE, INFORM, TRAIN AND REGISTER TO VOTE LATINO YOUTH, THEIR FAMILIES, AND THEIR FRIENDS. VOTO LATINO FOUNDATION CONTINUED AN AGGRESSIVE EDUCATION CAMPAIGNS THROUGHOUT THE 2020 YEAR, WORKING WITH VARIOUS NATIONAL AND LOCAL ORGANIZATIONS.
EVENTS: VOTO LATINO FOUNDATION HELD A SERIES OF EVENTS THROUGHOUT THE YEAR, SCHEDULED STRATEGICALLY TO BUILD MOMENTUM AND START A NATIONAL DIALOGUE ABOUT IMPORTANT ISSUES. FROM TOWNHALLS TO DIGITAL ONLINE TRAININGS AND THE POWER SUMMIT VOTO LATINO EDUCATED THE COMMUNITY OF VARIOUS ISSUES INCLUDING CIVIC EDUCATION, COVID VACCINES AND LEADERSHIP PROGRAMS.
CENSUS: VOTO LATINO FOUNDATION PARTNERED WITH ORGANIZATIONS LIKE COMCAST, TELEMUNDO, PLANNED PARENTHOOD FEDERATION OF AMERICA, SERVICE IMMIGRANT RIGHTS AND EDUCATION NETWORK (SIREN), AND OTHERS TO STRATEGICALLY INCREASE LATINO RESPONSE TO THE 2021 CENSUS. THE FOUNDATION'S WORK CENTERED AROUND TARGETED DIGITAL ADS PROVIDING CENSUS-RELATED INFORMATION FROM A TRUSTED SOURCE. IN ADDITION, THE FOUNDATION COORDINATED PEER-TO-PEER TEXTING ACTIVITIES WITH PARTNERS AND SENT OVER 250K TEXTS AROUND TAKING THE CENSUS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Hernandez Chair | OfficerTrustee | 1 | $0 |
Alfredo Vidal Secretary | OfficerTrustee | 1 | $0 |
Maria Teresa Kumar President And CEO | OfficerTrustee | 21 | $0 |
Brian Stansbury Treasurer | OfficerTrustee | 1 | $0 |
Rosario Dawson Board Member | Trustee | 1 | $0 |
Eve O'toole Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rising Tide Digital Strategy | 12/30/21 | $300,000 |
Mww Group Public Affairs | 12/30/21 | $191,205 |
True Blue Media Inc Marketing | 12/30/21 | $180,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $215,552 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,473,529 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,689,081 |
| Total Program Service Revenue | $0 |
| Investment income | $7,535 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,696,616 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,349 |
| Compensation of current officers, directors, key employees. | $157,779 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $402,792 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,730 |
| Payroll taxes | $42,381 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,651 |
| Fees for services: Accounting | $95,892 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $300,553 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,136,935 |
| Advertising and promotion | $45,000 |
| Office expenses | $37,366 |
| Information technology | $35,476 |
| Royalties | $0 |
| Occupancy | $166,639 |
| Travel | $94,493 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $947 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,306 |
| Insurance | $4,848 |
| All other expenses | $0 |
| Total functional expenses | $2,676,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,290,800 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $80,000 |
| Accounts receivable, net | $141,176 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,532 |
| Net Land, buildings, and equipment | $11,598 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $891,154 |
| Investments—program-related | $0 |
| Intangible assets | $42,246 |
| Other assets | $0 |
| Total assets | $3,458,506 |
| Accounts payable and accrued expenses | $407,942 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $83,421 |
| Total liabilities | $491,363 |
| Net assets without donor restrictions | $2,849,643 |
| Net assets with donor restrictions | $117,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,458,506 |
Grants Awarded
Over the last fiscal year, Voto Latino Foundation Inc has awarded $103,543 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: TO SUPPORT IMMIGRANT NEIGHBOR FUND | $61,500 |
Dallas, TX PURPOSE: GENDERAL PURPOSE- MATCH FOR SCIENCE | $42,043 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Voto Latino Foundation Inc has recieved totaling $1,251,767.
| Awarding Organization | Amount |
|---|---|
Jacob & Valeria Langeloth Foundation New York, NY PURPOSE: CIVIC ENGAGEMENT FUND | $350,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $307,800 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $120,000 |
Naomi And Nehemiah Cohen Foundation Virginia Corporation Bethesda, MD PURPOSE: CIVIC ENGAGEMENT | $100,000 |
Gaia Fund San Francisco, CA PURPOSE: GENERAL SUPPORT | $100,000 |
Neo Philanthropy Inc New York, NY PURPOSE: Program Grant | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Congress Of American Indians Washington, DC | $22,096,750 | $10,230,979 |
Congressional Black Caucus Foundation Inc Washington, DC | $27,522,852 | $16,990,320 |
Lulac National Educational Service Centers Inc Washington, DC | $2,152,455 | $9,352,585 |
Congressional Hispanic Caucus Institute Inc Washington, DC | $24,437,855 | $9,652,744 |
National Association For The Advancement Of Colored People Baltimore, MD | $34,744,473 | $15,559,685 |
National Action Council For Minorities In Engineering Inc Alexandria, VA | $24,460,984 | $4,503,129 |
Minority Corporate Counsel Association Inc Washington, DC | $7,066,542 | $4,466,534 |
National Black Caucus Of State Legislators Washington, DC | $4,139,916 | $3,218,552 |
Hispanic Association On Corporate Responsibility Washington, DC | $5,189,673 | $3,981,049 |
Voto Latino Foundation Inc Washington, DC | $3,458,506 | $3,696,616 |
National Association Of Minority Automobile Dealers Largo, MD | $1,972,184 | $2,803,390 |
The Arab American Institute Foundation Washington, DC | $248,504 | $1,156,774 |