La Cosecha Inc
- Assets
- $501.8k
- Revenue
- $427.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Sapulpa, OK
- Founding
- Data as of
- 12/2022
- EIN
- 85-0921451
Organization Overview
La Cosecha Inc is located in Sapulpa, OK. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, LA Cosecha Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Cosecha Inc 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 Cosecha Inc generated $427.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (24.3%) each year. All expenses for the organization totaled $401.4k during the year ending 12/2022. 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 EMPOWER MEMBERS OF OUR COMMUNITY WITH THE RESOURCES TO RESTORE THEIR DIGNITY AND STABILITY. WE ACHIEVE THIS BY HELPING THEM AT THEIR LOWEST, AND PROVIDING THE TOOLS AND TRAINING TO IMPROVE THEIR WAY OF LIVING AND TEACHING THEM TO GIVE BACK WHEN THEY ARE RESTORED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD AND ESSENTIAL ITEM DISTRIBUTION - LA COSECHA'S PRIMARY PROGRAM ADDRESSES FOOD INSECURITY, MAINLY ON THE EAST SIDE OF TULSA IN AN UNDER-RESOURCED COMMUNITY. LA COSECHA DISTRIBUTES FOOD AND ESSENTIAL ITEMS FROM 10811 E 41ST STREET IN TULSA (74146). THE POVERTY RATE IN THIS COMMUNITY IS 26% OR 1.4 TIMES THE RATE IN THE CITY OF TULSA AND NEARLY DOUBLE THE RATE OF TULSA COUNTY. ADULT SPANISH SPEAKERS IN THE HOME ARE 53% OF THE POPULATION. LA COSECHA IS A BILINGUAL ORGANIZATION (SPANISH/ENGLISH) SIMILAR TO MANY OF THE POPULATION SERVED. EACH THURSDAY, LA COSECHA DISTRIBUTES APPROXIMATELY 800 BOXES OF HEALTHY FOOD TO 4,000 CLIENTS WEEKLY. THE ORGANIZATION HAS SURVEYED CLIENTS AND FOUND THAT 100% OF CLIENTS LIVE IN POVERTY, AND APPROXIMATELY 68% ARE HISPANIC. ADDITIONALLY, LA COSECHA FOUND THAT CLIENTS COLLECTING FOOD REPRESENTED FAMILIES WITH AN AVERAGE OF FIVE MEMBERS (TWO ADULTS/THREE CHILDREN). THE DISTRIBUTION PROGRAM WAS SUPPORTED BY 1,820 VOLUNTEERS, MANY RE-OCCURRING VOLUNTEERS, WHO COLLECTIVELY CONTRIBUTED APPROXIMATELY 7,080 HOURS OF VOLUNTEER SERVICE. MANY VOLUNTEERS WERE PAST CLIENTS. PAST CLIENTS HAVE ALSO BECOME EMPLOYEES, AND ONE EVEN SITS ON THE BOARD OF DIRECTORS. THE FOOD AND ESSENTIAL ITEMS DISTRIBUTION PROGRAM MADE A SIGNIFICANT IMPACT ON THE COMMUNITY BY ADDRESSING INCOME INEQUALITY AND PROVIDING HEALTHY FOOD TO FAMILY MEMBERS, INCLUDING CHILDREN.
COVID-19 FINANCIAL ASSISTANCE - WE PROVIDED FINANCIAL ASSISTANCE TO ELIGIBLE PARTICIPANTS TO HELP COVER BASIC EXPENSES SUCH AS RENT, UTILITIES, AND FINANCIAL EMERGENCIES. THROUGH OUR FINANCIAL ASSISTANCE PROGRAM, WE WERE ABLE TO DISTRIBUTE A TOTAL OF $212,100 TO ELIGIBLE PARTICIPANTS IN THE TULSA COUNTY REGION. THIS SUPPORT HELPED TO ALLEVIATE FINANCIAL STRESS AND PROVIDED A CRUCIAL LIFELINE FOR MANY INDIVIDUALS AND FAMILIES WHO WERE STRUGGLING TO MAKE ENDS MEET. FURTHER, WE PARTNERED WITH THE CITY OF TULSA AND HOSTED AN EMERGENCY RENTAL ASSISTANCE EVENT WHERE WE DISTRIBUTED $1,000,000 PAID TO RENT AND BILLS OF THE INDIVIDUALS THAT ATTENDED THAT DAY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rita Gallardo Executive Director | Officer | 40 | $77,115 |
Steve Lozano President | OfficerTrustee | 2 | $0 |
Cynthia Jasso Board Member | Trustee | 2 | $0 |
Gitzel Puente Board Member | Trustee | 2 | $0 |
Alisa Dougless Board Member | Trustee | 1 | $0 |
Emmanuel Lujano Board Member | Trustee | 1 | $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 | $427,276 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $427,276 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $427,276 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $44,400 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $77,115 |
| Compensation of current officers, directors, key employees. | $26,219 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,167 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $813 |
| Fees for services: Accounting | $3,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,082 |
| Advertising and promotion | $0 |
| Office expenses | $30,970 |
| Information technology | $17,620 |
| Royalties | $0 |
| Occupancy | $37,556 |
| Travel | $11,711 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,362 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $21,606 |
| All other expenses | $0 |
| Total functional expenses | $401,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,922 |
| Savings and temporary cash investments | $97,023 |
| Pledges and grants receivable | $244,267 |
| 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 | $116,599 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $501,811 |
| Accounts payable and accrued expenses | $1,900 |
| 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 | $1,900 |
| Net assets without donor restrictions | $473,000 |
| Net assets with donor restrictions | $26,911 |
| 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 | $501,811 |