Los Alamos Community Foundation
- Assets
- $1.1m
- Revenue
- $207.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Los Alamos, NM
- Founding
- 05/2016
- Data as of
- 06/2023
- EIN
- 35-2546420
Organization Overview
Los Alamos Community Foundation is located in Los Alamos, NM. The organization was established in 2016. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2023, Los Alamos Community Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Alamos Community 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 06/2023, Los Alamos Community Foundation generated $207.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $154.6k during the year ending 06/2023. 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
PHILANTHROPY AND BUILDING THE CAPACITY AND SUCCESS OF OUR NONPROFIT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION OF GRANTS TO HELP LOCAL NONPROFITS AND PROVIDE TRAINING, ROUND TABLE DISCUSSIONS AND WORKSHOPS FOR NONPROFIT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Izraelevitz Chair | OfficerTrustee | 10 | $0 |
Linda Daly Vice Chair | OfficerTrustee | 5 | $0 |
Pat Soran Treasurer | OfficerTrustee | 5 | $0 |
Cynthia J Rooney Secretary | OfficerTrustee | 5 | $0 |
John Benner Board Member | Trustee | 5 | $0 |
Diana Martinez Board Member | Trustee | 5 | $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 | $191,038 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $191,038 |
| Total Program Service Revenue | $17,019 |
| Investment income | $19,813 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,718 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $207,152 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,994 |
| 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. | $73,097 |
| Compensation of current officers, directors, key employees. | $36,548 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $521 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,024 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,809 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,393 |
| Office expenses | $1,335 |
| Information technology | $4,125 |
| 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 | $3,455 |
| All other expenses | $1,844 |
| Total functional expenses | $154,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211 |
| Savings and temporary cash investments | $30,296 |
| Pledges and grants receivable | $10,800 |
| 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 | $1,035,036 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,076,343 |
| Accounts payable and accrued expenses | $1,516 |
| 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 | $195,023 |
| Total liabilities | $196,539 |
| Net assets without donor restrictions | $132,126 |
| Net assets with donor restrictions | $747,678 |
| 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 | $1,076,343 |
Grants Awarded
Over the last fiscal year, Los Alamos Community Foundation has awarded $13,231 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE FAMILY YMCA PURPOSE: STAFF AND BD TRAIN | $6,700 |
LOS ALAMOS ARTS COUNCIL PURPOSE: TECHNOLOGY UPGRADES | $6,531 |