Latino Community Fund Of Washingtonstate
- Assets
- $5.9m
- Revenue
- $7.4m
- Investments
- $0.0
- Employees
- 26
- Location
- Seattle, WA
- Founding
- 03/2007
- Data as of
- 12/2021
- EIN
- 20-5987399
Organization Overview
Latino Community Fund Of Washingtonstate is located in Seattle, WA. The organization was established in 2007. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Latino Community Fund Of Washingtonstate employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latino Community Fund Of Washingtonstate 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 Community Fund Of Washingtonstate generated $7.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.7% each year . All expenses for the organization totaled $5.7m during the year ending 12/2021. While expenses have increased by 35.5% 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 2015, Latino Community Fund Of Washingtonstate has awarded 99 individual grants totaling $2,414,692. 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
IMPROVE THE WELL-BEING OF THE LATINOS IN WASHINGTON STATE
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAPACITY BUILDING AND DEVELOPMENT: WASHINGTON LATINO NONPROFIT LEADERSHIP ACADEMY (WA LNLA) PROVIDES TRAINING AND LEADERSHIP PROGRAMS TO INCREASE THE CAPACITY OF SMALL SIZED LATINO NONPROFIT LEADERS TO MEET THE GROWING POPULATION'S NEEDS. LCF ALSO PROVIDES TECHNICAL NONPROFIT MANAGEMENT AND ADVISING SERVICES TO NEW AND EMERGING NONPROFITS THAT ADDRESS ISSUES OF IMPORTANCE TO COMMUNITIES OF COLOR. LCF ALSO GIVES DIRECT GENERAL OPERATING GRANT AWARDS TO LATINO-LED, LATINO-ACCOUNTABLE NONPROFIT ORGANIZATIONS THROUGHOUT THE STATE TO ASSIST WITH UNMET NEEDS AND INCREASE THEIR CAPACITY TO BETTER SERVE CHILDREN AND FAMILIES.
CIVIC ENGAGEMENT AND ADVOCACY: ALIANZA IS A STUDENT-LED PROGRAM THAT SERVES LATINO YOUTH BY PROVIDING OPPORTUNITIES TO SUCCEED EDUCATIONALLY AND DEVELOP LEADERSHIP POTENTIAL THROUGH SERVICE LEARNING. LATINO EQUITY NETWORK (LEN) COORDINATES ENGAGEMENT OF GRASSROOTS COMMUNITY MEMBERS TO ENGAGE IN ADVOCATING BETTER POLICIES AND SYSTEMS IMPROVEMENT FOR THEIR FAMILIES. LEN ORGANIZES AND ACTIVATES THE VOICES FROM WITHIN THE LATINO COMMUNITY FOR IMPROVED OUTCOMES ON MULTIPLE ISSUES THAT INCLUDE EDUCATION, IMMIGRATION, ENVIRONMENTAL JUSTICE, ETC. LEN BUILDS A GRASSROOTS MOVEMENT OF INFORMED AND ENGAGED COMMUNITY MEMBERS TO ADVANCE RACIAL AND ECONOMIC EQUITABLE POLICY AND SYSTEMS IMPROVEMENTS FOR LATINOS IN WASHINGTON. BOTH ALIANZA AND LEN WORK TO INCREASE CIVIC PARTICIPATION OF LATINOS.
COVID-19 PANDEMIC RELIEF: PROVIDE EMERGENCY ECONOMIC RELIEF TO INDIVIDUAL LATINOS, LATINO-OWNED BUSINESSES, AND LATIN-SUPPORTING NON-PROFITS DUE TO THE EFFECTS OF THE COVID-19 PANDEMIC.
LEADERSHIP AND PROGRAMS: EMPOWERS SPANISH SPEAKING FAMILIES TO IMPROVE THE WELL-BEING OF THEIR FAMILIES AND COMMUNITIES BY ACCESSING INFORMATION AND ENGAGEMENT. HEALTHY LATINO FAMILIES AND LATINOS IN TECH ARE TWO SUCH GROUP STRATEGIES. HEALTHY LATINO FAMILIES INITIATIVE: IMPROVE ACCESS TO HEALTH SERVICES OF LATINO INDIVIDUALS AND COMMUNICTIIES BY PROVIDING FREE AND UNBIASED HEALTH CARE COVERAGE COUNSELING, COMMUNITY ENGAGEMENT OUTREACH, AND EDUCATION SERVICES. ECONOMIC EMPLOWERMENT INITIATIVE: INCREASE ATTENTION TO ECONOMIC AND SOCIAL DEVELOPMENT STRATEGIES THAT ARE GLOBALLY RECOGNIZED AS CRITICAL ASPECTS OF SUSTAINABLE DEVELOPMENT AND ARE AMONG THE 17 SUSTAINABLE DEVELOPMENT GOALS SET BY THE UNITED NATIONS FOR 2030. EMPOWERING LATINOS TO PARTICIPATE FULLY IN ECONOMIC LIFE ACROSS ALL SECTORS IS ESSENTIAL TO BUILD STRONGER ECONOMIES, ACHIEVE GOALS FOR DEVELOPMENT AND SUSTAINABILITY AND IMPROVE THE QUALITY OF LIFE FOR EVERYONE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lilliane Ballesteros Executive Di | Officer | 39 | $78,425 |
Giselle Zapata President | OfficerTrustee | 3 | $0 |
Wellington Troncoso Vice Preside | OfficerTrustee | 3 | $0 |
Monica Mendoza Castrejon Secretary (e | OfficerTrustee | 3 | $0 |
Gloria Gonzalez-Zapata Secretary | OfficerTrustee | 3 | $0 |
Chris Paredes Treasurer | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pyramid Communications Inc Communications | 12/30/21 | $205,630 |
Evergreen Social Impact Program Mgt | 12/30/21 | $1,054,818 |
Puentes Advocacy Counseling & Ed Mental Health | 12/30/21 | $164,230 |
Cafe Civic Advocacy | 12/30/21 | $113,038 |
Alejandra Tres Consulting | 12/30/21 | $105,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,350,123 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,382,904 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,733,027 |
| Total Program Service Revenue | $682,021 |
| Investment income | $7,125 |
| 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 | $7,422,173 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $309,495 |
| Grants and other assistance to domestic individuals. | $940,756 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,000 |
| Compensation of current officers, directors, key employees. | $16,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,076,406 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $85,281 |
| Payroll taxes | $99,729 |
| Fees for services: Management | $792,641 |
| Fees for services: Legal | $21,304 |
| Fees for services: Accounting | $171,049 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,666,173 |
| Advertising and promotion | $74,748 |
| Office expenses | $143,516 |
| Information technology | $28,905 |
| Royalties | $0 |
| Occupancy | $42,219 |
| Travel | $44,748 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $87,373 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,099 |
| Insurance | $6,593 |
| All other expenses | $36,447 |
| Total functional expenses | $5,746,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,193 |
| Savings and temporary cash investments | $3,087,947 |
| Pledges and grants receivable | $2,125,423 |
| 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 | $12,593 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $517,709 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,000 |
| Total assets | $5,864,865 |
| Accounts payable and accrued expenses | $355,685 |
| 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 | $355,685 |
| Net assets without donor restrictions | $2,214,990 |
| Net assets with donor restrictions | $3,294,190 |
| 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 | $5,864,865 |
Grants Awarded
Over the last fiscal year, Latino Community Fund Of Washingtonstate has awarded $204,475 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
FESTIVAL CENTROAMERICANO PURPOSE: LATINO WELL-BEING | $28,500 |
Longview, WA PURPOSE: LATINO WELL-BEING | $25,200 |
Seattle, WA PURPOSE: LATINO WELL-BEING | $20,500 |
CITY OF RENTON PURPOSE: LATINO WELL-BEING | $18,275 |
Toppenish, WA PURPOSE: LATINO WELL-BEING | $15,000 |
THE JANUARY GROUP LLC PURPOSE: LATINO WELL-BEING | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 32 grants that Latino Community Fund Of Washingtonstate has recieved totaling $3,215,920.
| Awarding Organization | Amount |
|---|---|
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT; LILLIANE BALLESTEROS/ADVISORY GROUP FOR ALL IN WA; ADVISORY GROUP FOR ALL IN WA; VOTER EDUCATION FUND 2021; TO SUPPORT BUILDING AN ENABLING ENVIRONMENT FOR A JUST DEMOCRACY; TO SUPPORT WASHINGTON COMMUNITY ALLIANCE; GENERAL OPERATING SUPPORT/COVID-19 RELIEF EFFORTS; TO PROVIDE SUPPORT FOR ALL IN WA | $768,540 |
Group Health Foumdaiton Seattle, WA PURPOSE: CORE SUPPORT FOR COMUNIDAD LATINA DE VASHON | $525,000 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT; WASHINGTON COMMUNITY ALLIANCE; WASHINGTON COMMUNITY ALLIANCE VACCINATION EFFORTS | $360,000 |
Center For Disaster Philanthropy Inc Washington, DC PURPOSE: THIS GRANT WAS AWARDED FOR WILDFIRE RECOVERY IN CALIFORNIA TO PROVIDE SUB-GRANTS TO LOCAL, GRASSROOTS ORGANIZATIONS WORKING TO SUPPORT RECOVERY FROM THE WILDFIRES AND THE COVID PANDEMIC FOR IMMIGRANT AND FARMWORKER POPULATIONS IN THE AREAS HARDEST HIT. | $214,000 |
Perigee Fund Seattle, WA PURPOSE: WA COMMUNITY ALLIANCE CHILD TAX CREDIT | $200,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: COMMUNITY ENGAGEMENT GRANTMAKING | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Of Skagit County Mount Vernon, WA | $8,445,889 | $20,193,339 |
Catholic Community Services Of The Mid Willamette Valley & Central Salem, OR | $4,444,104 | $18,908,977 |
Community Action Team Incorporated Of St Helens, OR | $13,623,146 | $18,435,042 |
Catholic Social Services Anchorage, AK | $26,673,740 | $19,500,530 |
Multi-Service Center Federal Way, WA | $19,459,058 | $20,133,825 |
Outside In Portland, OR | $20,557,070 | $19,364,010 |
Yamhill Community Action Partnership Mcminnville, OR | $6,898,009 | $17,038,077 |
Coastal Community Action Program Aberdeen, WA | $17,576,591 | $19,679,200 |
Oregon Human Development Corporation Gresham, OR | $1,006,372 | $15,394,021 |
Lower Columbia Community Action Council Incorporated Longview, WA | $10,869,676 | $17,400,941 |
Jannus Inc Boise, ID | $8,733,136 | $16,058,488 |
Opportunities Industrialization Center Of Washington Yakima, WA | $12,681,158 | $14,588,823 |