Barrio Logan College Institute
- Assets
- $3.3m
- Revenue
- $2.6m
- Investments
- $142.2k
- Employees
- 58
- Location
- San Diego, CA
- Founding
- 12/1997
- Data as of
- 08/2023
- EIN
- 33-0771222
Organization Overview
Barrio Logan College Institute is located in San Diego, CA. The organization was established in 1997. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. As of 08/2023, Barrio Logan College Institute employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barrio Logan College Institute 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 08/2023, Barrio Logan College Institute generated $2.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $3.4m during the year ending 08/2023. While expenses have increased by 12.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BLCI BREAKS THE CYCLE OF POVERTY THROUGH EDUCATION IN UNDERSERVED COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLCI PROVIDES CHILDREN FROM UNDERSERVED COMMUNITIES THE INFORMATION AND OPPORTUNITIES NEEDED TO ENROLL IN COLLEGE AND HELP THEM BE SUCCESSFUL WHILE THERE. THE GOAL IS TO CHANGE THE QUESTION OF WHETHER THESE CHILDREN WILL GO TO COLLEGE TO WHERE WILL THEY GO TO COLLEGE. BLCI PROVIDE COACHING FROM ADULTS WHO KNOW WHAT IT IS LIKE TO BE THE FIRST IN THEIR FAMILIES TO GO TO COLLEGE, PROVIDES COLLEGE PREP THROUGH AFTER SCHOOL PROGRAMS THAT BEGIN IN 3RD GRADE, AND REQUIRE 30 HOURS PER YEAR OF PARENT PARTICIPATION TO ENSURE FAMILY COMMITMENT TO ADVANCE THEIR CHILDREN'S EDUCATIONAL ASPIRATIONS. BLCI OFFERS INDIVIDUALIZED, CULTURALLY RELEVANT SERVICE TO EACH FAMILY. TO DATE, 100% OF BLCI STUDENTS ENROLL IN COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keegan Mcnamara Chair | OfficerTrustee | 2 | $0 |
Alicia Quinn Vice Chair | OfficerTrustee | 2 | $0 |
Andrew Andy Achterkirchen Treasurer | OfficerTrustee | 2 | $0 |
Ingrid DE Llamas Secretary | OfficerTrustee | 2 | $0 |
Laura Deitrick Director | Trustee | 2 | $0 |
Jolyn Parker Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $398,012 |
| Related organizations | $0 |
| Government grants | $400,383 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,805,769 |
| Noncash contributions included in lines 1a–1f | $14,750 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,604,164 |
| Total Program Service Revenue | $0 |
| Investment income | $9,108 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,500 |
| Net Gain/Loss on Asset Sales | $11,000 |
| Net Income from Fundraising Events | -$38,522 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,588,250 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $66,675 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $314,344 |
| Compensation of current officers, directors, key employees. | $103,927 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,790,184 |
| Pension plan accruals and contributions | $72,794 |
| Other employee benefits | $205,718 |
| Payroll taxes | $101,696 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $62,978 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $25,460 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,511 |
| Advertising and promotion | $37,477 |
| Office expenses | $4,786 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $246,076 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,962 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $110,560 |
| Insurance | $2,700 |
| All other expenses | $9,721 |
| Total functional expenses | $3,351,914 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $532,632 |
| Savings and temporary cash investments | $1,035,746 |
| Pledges and grants receivable | $260,451 |
| 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 | $35,455 |
| Net Land, buildings, and equipment | $680,990 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $142,150 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $658,452 |
| Total assets | $3,345,876 |
| Accounts payable and accrued expenses | $162,683 |
| 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 | $180,611 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $676,370 |
| Total liabilities | $1,019,664 |
| Net assets without donor restrictions | $2,300,937 |
| Net assets with donor restrictions | $25,275 |
| 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 | $3,345,876 |