Latino Legislative Caucus Foundation
- Assets
- $617.6k
- Revenue
- $903.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Los Angeles, CA
- Founding
- 11/2007
- Data as of
- 12/2021
- EIN
- 20-1993440
Organization Overview
Latino Legislative Caucus Foundation is located in Los Angeles, CA. The organization was established in 2007. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Latino Legislative Caucus Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latino Legislative Caucus Foundation 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, Latino Legislative Caucus Foundation generated $903.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $585.9k during the year ending 12/2021. While expenses have increased by 18.9% 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.
Since 2014, Latino Legislative Caucus Foundation has awarded 37 individual grants totaling $377,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION AND SUPPORT OF LATINO CULTURE IN CALIFORNIA, INCREASED PARTICIPATION OF LATINOS AND LATINAS IN CALIFORNIA SOCIETY, TO EDUCATE THE PUBLIC ABOUT LATINO CULTURE AND HERITAGE ISSUES OF IMPORTANCE TO LATINOS AND LATINAS IN CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH A VARIETY OF PUBLIC EVENTS, BOTH THOSE ORGANIZED BY THE LLCF AND OTHER ORGANIZATIONS' EVENTS SPONSORED AND SUPPORTED BY THE LLCF, THE LLCF PUBLICIZED, BROUGHT PUBLIC ATTENTION AND GARNERED GREATER PUBLIC AWARENESS AND APPRECIATION OF LATINO CULTURE AND ACCOMPLISHMENTS OF LATINOS IN CALIFORNIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorena Gonzales Chair | Officer | 2 | $0 |
Maria Elena Durazo Vice - Chair (secretary Tr | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $903,515 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $903,515 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $903,515 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $36,750 |
| Grants and other assistance to domestic individuals. | $255,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,450 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,154 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,318 |
| Fees for services: Accounting | $950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $79,425 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,977 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $119,715 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,450 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $585,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $617,561 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $617,561 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $617,561 |
| Total liabilities and net assets/fund balances | $617,561 |
Grants Awarded
Over the last fiscal year, Latino Legislative Caucus Foundation has awarded $64,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GRANTS | $50,000 |
Los Angeles, CA PURPOSE: GRANTS | $10,000 |
San Fernando, CA PURPOSE: GRANTS | $2,000 |
San Fernando, CA PURPOSE: GRANTS | $2,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Latino Legislative Caucus Foundation has recieved totaling $27,500.
| Awarding Organization | Amount |
|---|---|
Kaiser Foundation Health Plan Inc Oakland, CA PURPOSE: California Latino Legislative Caucus Foundation De | $10,000 |
California Cable & Telecommunications Sacramento, CA PURPOSE: GENERAL ASSISTANCE | $10,000 |
American Federation Of State County & Municipal Employees Washington, DC PURPOSE: Sponsorship | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Polynesian Cultural Center Laie, HI | $116,249,000 | $62,645,558 |
Skirball Cultural Center Los Angeles, CA | $394,099,522 | $16,429,571 |
Cultura Y Arte Nativa De Las Americas San Francisco, CA | $2,055,522 | $13,827,231 |
American Indian Health & Services Corporation Santa Barbara, CA | $10,365,655 | $13,137,792 |
River Of Life Foundation Santa Clara, CA | $1,212,027 | $11,599,827 |
Destination Crenshaw Los Angeles, CA | $35,511,106 | $11,299,025 |
The Epoch Times Media Group Los Angeles El Monte, CA | $739,683 | $7,015,472 |
Priddy Family Foundation Las Vegas, NV | $28,899,625 | $10,430,994 |
Kanu O Ka Aina Learning Ohana Kamuela, HI | $16,258,612 | $5,026,413 |
Napa Valley Festival Association Walnut Creek, CA | $13,659,159 | $11,728,133 |
Apano Communities United Fund Portland, OR | $4,683,636 | $5,442,613 |
Puente De La Costa Sur Pescadero, CA | $6,663,176 | $5,921,974 |