Latino Coalition For Community Leadership
- Assets
- $2.7m
- Revenue
- $14.4m
- Investments
- $0.0
- Employees
- 27
- Location
- Bakersfield, CA
- Founding
- 12/2003
- Data as of
- 06/2022
- EIN
- 87-0702644
Organization Overview
Latino Coalition For Community Leadership is located in Bakersfield, CA. The organization was established in 2003. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Latino Coalition For Community Leadership employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latino Coalition For Community Leadership 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 06/2022, Latino Coalition For Community Leadership generated $14.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.3% each year . All expenses for the organization totaled $14.4m during the year ending 06/2022. While expenses have increased by 34.5% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FIND, FUND, FORM, & FEATURE NONPROFITS IN MARGINALIZED COMMUNITIES MEETING THE NEEDS OF INDIVIDUALS AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LATINO COALITION'S WORK AND GAIN EDUCATION & EMPLOYMENT SKILLS PROJECT DEVELOPED THROUGH CRIMINAL REINVESTMENT STRATEGIES PROVIDES SUB-GRANTS, TECHNICAL ASSISTANCE AND CAPACITY BUILDING TO NONPROFITS IN COLORADO AND CALIFORNIA WORKING IN HIGH-POVERTY, HIGH-CRIME COMMUNITIES TO PROVIDE REENTRY SERVICES TO FORMERLY-INCARCERATED AND JUSTICE SYSTEM-INVOLVED INDIVIDUALS BOTH PRE AND POST RELEASE. THE PURPOSE OF THE PROJECT IS TO PREPARE THESE INDIVIDUALS FOR EMPLOYMENT, INCREASING THE RATE AT WHICH THE PARTICIPANTS RECEIVE HIGH SCHOOL DIPLOMAS AND INDUSTRY-RECOGNIZED CREDENTIALS AND INCREASING THE RATE AT WHICH PARTICIPANTS ENTER POST-SECONDARY EDUCATION AND TRAINING. LONG-TERM OUTCOMES ACHIEVED ARE INCREASING THE EMPLOYMENT RATE OF PARTICIPANTS AND DECREASING THE RECIDIVISN RATE OF THOSE SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Ramos President/executive Dir | OfficerTrustee | 40 | $168,464 |
Richard Paul Morales Deputy Exec. Dir. | Trustee | 40 | $120,665 |
John Josepho Board Director | Trustee | 1 | $0 |
Raymond Kirkland Board Director | Trustee | 1 | $0 |
Samantha Aldrete Board Director | Trustee | 1 | $0 |
Guillermo Sandoval Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,424,386 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,700,483 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,124,869 |
| Total Program Service Revenue | $319,748 |
| Investment income | $1,228 |
| 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 | $14,445,845 |
| 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. | $404,421 |
| Compensation of current officers, directors, key employees. | $48,027 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,764,887 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $497,134 |
| Payroll taxes | $170,886 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $79,988 |
| Information technology | $192,520 |
| Royalties | $0 |
| Occupancy | $31,350 |
| Travel | $65,723 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,670 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $35,019 |
| All other expenses | $1,839 |
| Total functional expenses | $14,447,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,281,148 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,237,122 |
| 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 | $61,119 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $82,496 |
| Total assets | $2,661,885 |
| Accounts payable and accrued expenses | $1,551,400 |
| 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 | $814,489 |
| Total liabilities | $2,365,889 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $295,996 |
| Total liabilities and net assets/fund balances | $2,661,885 |