La Oportunidad
- Assets
- $508.6k
- Revenue
- $258.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Minneapolis, MN
- Founding
- 05/1988
- Data as of
- 12/2022
- EIN
- 36-3537919
Organization Overview
La Oportunidad is located in Minneapolis, MN. The organization was established in 1988. According to its NTEE Classification (P19) the organization is classified as: Support N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2022, LA Oportunidad employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Oportunidad 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, LA Oportunidad generated $258.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $286.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 8 years. 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
A MISSION OF "CHAMPIONING THE DEVELOPMENT OF LATINO INDIVIDUALS AND FAMILIES TO CREATE A STRONG, PEACEFUL COMMUNITY," THROUGH ITS HOLISTIC, CULTURALLY RELEVANT PROGRAMMING BY PROVIDING BILINGUAL/BICULTURAL HUMAN SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EL CAMINO (THE PATH): CHILDREN'S PROGRAM THAT PROVIDES WEEKLY AFTER-SCHOOL GROUPS AND A SUMMER PROGRAM FOR LATINO CHILDREN AGES 5-11. THE PROGRAM FOCUSES ON CULTURAL EDUCATION AND BUILDING LIFE SKILLS THAT HELP CHILDREN DEVELOP POSITIVE ATTITUDES AND BEHAVIORS IN THE AREAS OF SELF, FAMILY AND COMMUNITY AND REDUCE THEIR VULNERABILITY TO NEGATIVE BEHAVIORS IN THEIR ADOLESCENCE.
LATINOS ENDING ABUSE PROGRAM (LEAP): PROVIDES YEAR-ROUND GROUPS TO LATINO MEN AND WOMEN TO GIVE THEM THE TOOLS, EDUCATION AND SUPPORT NECESSARY TO HELP ELIMINATE VIOLENT BEHAVIORS IN THEIR RELATIONSHIPS, FAMILIES AND COMMUNITIES. VOLUNTEER/INTERN PROGRAM: RECRUITS INDIVIDUALS FROM THE COMMUNITY TO SERVE IN A VARITY OF CAPACITIES AT THE ORGANIZATION. OFFERING A WIDE RANGE OF SKILLS AND TALENTS, VOLUNTEERS AND INTERNS ARE AN INVALUABLE RESOURCE IN HELPING THE ORGANIZATION ACHIEVE ITS GOALS AND CARRY OUT ITS MISSION. OTHER PROGRAMS AND COLLABORATION PROGRAMS
LATINO YOUTH PROGRAM AND YOUNG PROFESSIONAL CAREER PATH PROGRAM: PROVIDES WEEKLY AFTER-SCHOOL GROUPS AND A SUMMER PROGRAM FOR LATINO YOUTH 12-18. THE PROGRAM INCLUDES CULTURAL EDUCATION/ACTIVITIES, LEADERSHIP, FINANCIAL LITERACY AND ACADEMIC SUPPORT THAT HELP YOUTH DEVELOP POSITIVE ATTITUDES AND BEHAVIORS IN THE AREAS OF EDUCATION, SELF, FAMILY AND COMMUNITY. THE YOUNG PROFESSIONALS PROGRAM IS DESIGNED FOR FIRST AND SECOND GENERATION IMMIGRANTS WHO ARE HIGH SCHOOL OR ENGLISH AS A SECOND LANGUAGE STUDENTS TO HAVE THE NECESSARY PROFESSIONALS TOOLS TO SUCCEED.
PADRES (PARENTS): PROVIDES YEAR-ROUND GROUPS TO EMPOWER LATINO PARENTS WITH THE EDUCATION AND TOOLS TO SUPPORT THEIR CHILDREN'S EDUCATION AND RAISE HEALTHY, WELL-ADJUSTED CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eloisa Echavez Executive Di | Officer | 40 | $88,680 |
Anne Knauff Secretary Of | OfficerTrustee | 1 | $0 |
Brian Grande President | OfficerTrustee | 1 | $0 |
Humberto Olivares Treasurer | OfficerTrustee | 1 | $0 |
Sofia Rodriguez Schmeling Board Member | Trustee | 1 | $0 |
Aldo Rubio Lopez Vice Preside | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $132,843 |
| All other contributions, gifts, grants, and similar amounts not included above | $118,257 |
| Noncash contributions included in lines 1a–1f | $9,900 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $251,100 |
| Total Program Service Revenue | $6,175 |
| Investment income | $1,669 |
| 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 | $258,944 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $108,414 |
| Compensation of current officers, directors, key employees. | $5,261 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,595 |
| Pension plan accruals and contributions | $2,097 |
| Other employee benefits | $5,882 |
| Payroll taxes | $12,614 |
| 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 | $22,168 |
| Advertising and promotion | $100 |
| Office expenses | $9,575 |
| Information technology | $162 |
| Royalties | $0 |
| Occupancy | $25,252 |
| Travel | $766 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $194 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,064 |
| All other expenses | $13,527 |
| Total functional expenses | $286,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,255 |
| Savings and temporary cash investments | $479,655 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,617 |
| 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 | $5,114 |
| 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 | $508,641 |
| Accounts payable and accrued expenses | $18,490 |
| 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 | $18,490 |
| Net assets without donor restrictions | $414,576 |
| Net assets with donor restrictions | $75,575 |
| 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 | $508,641 |