National Assn Of Latino Elected Officials Naleo Education Fund
- Assets
- $8.0m
- Revenue
- $10.4m
- Investments
- $0.0
- Employees
- 66
- Location
- Monterey Park, CA
- Founding
- 05/1980
- Data as of
- 12/2023
- EIN
- 52-1212849
Organization Overview
National Assn Of Latino Elected Officials Naleo Education Fund is located in Monterey Park, CA. The organization was established in 1980. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, National Assn Of Latino Elected Officials Naleo Education Fund employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Assn Of Latino Elected Officials Naleo Education Fund 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 12/2023, National Assn Of Latino Elected Officials Naleo Education Fund generated $10.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $12.0m during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 9 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, National Assn Of Latino Elected Officials Naleo Education Fund has awarded 268 individual grants totaling $8,589,850. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FULL LATINO PARTICIPATION IN THE AMERICAN POLITICAL PROCESS, FROM CITIZENSHIP TO PUBLIC SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIVIC ENGAGEMENT: THIS PROGRAM SEEKS TO EDUCATE, MOBILIZE, AND INTEGRATE THE LATINO COMMUNITY IN THE DECISION MAKING PROCESS IN ORDER TO STRENGTHEN AMERICAN DEMOCRACY. WE ACHIEVE THIS THROUGH OUR NATURALIZATION, CIVIC INTEGRATION, AND VOTER EDUCATION AND MOBILIZATION PROGRAMS AT THE LOCAL COMMUNITY LEVEL.
POLICY, RESEARCH AND ADVOCACY - PROVIDES A WIDE ARRAY OF PROFESSIONAL AND LEADERSHIP DEVELOPMENT PROGRAMS FOR LATINO ELECTED AND APPOINTED OFFICIALS. THE NALEO POLICY INSTITUTE PROVIDES KEY TRAINING AND TECHNICAL ASSISTANCE ON A SPECTRUM OF HIGH-PRIORITY LATINO ISSUES, AND THE SUMMITS BRING TOGETHER ELECTED OFFICIALS FROM ACROSS THE UNITED STATES TO ADDRESS TOPICS IN EDUCATION, HEALTH AND GOVERNANCE.
CONSTITUENCY SERVICES: THIS LATINO PROGRAM PROMOTES THE GOVERNANCE AND POLICYMAKING SUCCESS OF LATINO OFFICIALS THROUGH 8 INSTITURES HELD THROUGHOUT THE COUNTRY THAT FOCUS ON ENERGY, EMERGENCY PREPAREDNESS, SCHOOL GOVERNANCE, EARLY LEARNING, HIGHER EDUCATION AND NEWLY ELECTED OFFICIALS.
ANNUAL CONFERENCE - BRINGS TOGETHER POLITICAL, CIVIC, AND BUSINESS LEADERS TO ATTEND PRESENTATIONS AND WORKSHOPS ON PUBLIC POLICY ISSUES AFFECTING THE LATINO COMMUNITY AND IS SUPPORTED THROUGH CONFERENCE REGISTRATION FEES AND CORPORATE SPONSORSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mara Candelaria Reardon Chair | OfficerTrustee | 1 | $0 |
Rick R Olivarez Treasurer | OfficerTrustee | 1 | $0 |
Michelle Mancias Secretary | OfficerTrustee | 1 | $0 |
Lubby Navarro Board Member | Trustee | 1 | $0 |
Diego Espinoza Board Member | Trustee | 1 | $0 |
Bonnie Garcia Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lim Consultings Advertising | 12/30/22 | $230,000 |
Skid Knickerbocker Llc Public Affairs Firm Support | 12/30/22 | $171,250 |
Bspresearch Research | 12/30/22 | $142,000 |
African American Research Collaborative Research | 12/30/22 | $150,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $486,161 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,167,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,654,061 |
| Total Program Service Revenue | $395,950 |
| Investment income | $276,711 |
| 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 | $10,369,067 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $796,342 |
| 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. | $501,494 |
| Compensation of current officers, directors, key employees. | $292,112 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,309,685 |
| Pension plan accruals and contributions | $105,447 |
| Other employee benefits | $533,818 |
| Payroll taxes | $438,765 |
| 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 | $1,072,160 |
| Advertising and promotion | $87,375 |
| Office expenses | $26,879 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $176,666 |
| Travel | $606,707 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,547,341 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,115 |
| Insurance | $49,140 |
| All other expenses | $34,919 |
| Total functional expenses | $11,951,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,034,345 |
| Savings and temporary cash investments | $935,558 |
| Pledges and grants receivable | $1,820,435 |
| Accounts receivable, net | $163,391 |
| 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 | $79,310 |
| Net Land, buildings, and equipment | $10,102 |
| Investments—publicly traded securities | $1,893,606 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,059,102 |
| Total assets | $7,995,849 |
| Accounts payable and accrued expenses | $512,413 |
| 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 | $2,004,191 |
| Total liabilities | $2,516,604 |
| Net assets without donor restrictions | $1,891,153 |
| Net assets with donor restrictions | $3,588,092 |
| 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 | $7,995,849 |
Grants Awarded
Over the last fiscal year, National Assn Of Latino Elected Officials Naleo Education Fund has awarded $769,078 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN GATEWAYS PURPOSE: NATURALIZTION APPLICATION ASSISTANCE | $8,875 |
BAKERRIPLEY PURPOSE: NATURALIZTION APPLICATION ASSISTANCE | $30,500 |
BONDING AGAINST ADV PURPOSE: NATURALIZTION APPLICATION ASSISTANCE | $171,500 |
CASA PURPOSE: NATURALIZTION APPLICATION ASSISTANCE | $32,500 |
CENTRO CHA PURPOSE: NATURALIZTION APPLICATION ASSISTANCE | $20,352 |
CHIRLA PURPOSE: NATURALIZTION APPLICATION ASSISTANCE | $11,786 |