Los Ojos De La Familia Ltd is located in Albuquerque, NM. The organization was established in 2010. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Ojos DE LA Familia Ltd 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 12/2022, Los Ojos DE LA Familia Ltd generated $108.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $101.6k during the year ending 12/2022. While expenses have increased by 8.2% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL DEVELOPMENT AND QUALITY OF LIFE ASSISTANCE TO INDIVIDUALS AND FAMILIES IN NEED IN THE NEW MEXICO COMMUNITY. ASSISTANCE INCLUDES, BUT IS NOT LIMITED TO, GRANTS, SCHOLARSHIPS, FINANCIAL SUPPORT, AND MAINTENANCE FOR INDIVIDUALS AND FAMILIES WHO, WITHOUT SUCH ASSISTANCE, WOULD NOT BE ABLE TO GAIN AN EDUCATION OR TRADE, PROVIDE FOR THE BASIC NEEDS OF THEIR FAMILIES, AND BECOME SELF-SUFFICIENT CONTRIBUTORS TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL ASSISTANCE: NEW MEXICO FAMILIES, INDIVIDUALS, OR ORGANIZATIONS IN NEED OF IMMEDIATE FINANCIAL ASSISTANCE RECEIVE MONIES TO COVER A PORTION OF RENT, UTILITY BILLS, DAILY ESSENTIALS, OR SPECIAL ACTIVITIES. NUMBER OF PERSONS BENEFITED IN 2021:256.
SCHOLARSHIPS: NEW MEXICO STUDENTS RECEIVE SCHOLARSHIPS FOR EITHER POST-HIGH SCHOOL EDUCATION OR K-12 AFTER-SCHOOL OR SUMMER EDUCATIONAL PROGRAMS. AWARDS ARE BASED ON FINANCIAL NEED, SCHOOL AND COMMUNITY ACTIVITIES, AND ACADEMIC ACHIEVEMENT. NUMBER OF PERSONS BENEFITED IN 2021:28
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Chavez Director | Trustee | 1 | $0 |
Sherry Lober Director | Trustee | 1 | $0 |
Aban Lucero Director | Trustee | 1 | $0 |
Patricia Mccoy Director | Trustee | 1 | $0 |
Steven Medina Director | Trustee | 1 | $0 |
Mike Novak Director | Trustee | 1 | $0 |
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 | $37,272 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $37,272 |
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 | $71,051 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $108,323 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $99,159 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,487 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $101,646 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $322,616 |
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 | $322,616 |
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 | $322,616 |
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 | $0 |
Total liabilities and net assets/fund balances | $322,616 |