Mexican American Opportunity Foundation
- Assets
- $36.7m
- Revenue
- $116.7m
- Investments
- $0.0
- Employees
- 872
- Location
- Montebello, CA
- Founding
- 12/1963
- Data as of
- 06/2022
- EIN
- 95-2594166
Organization Overview
Mexican American Opportunity Foundation is located in Montebello, CA. The organization was established in 1963. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2022, Mexican American Opportunity Foundation employed 872 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mexican American Opportunity 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 06/2022, Mexican American Opportunity Foundation generated $116.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $118.9m during the year ending 06/2022. While expenses have increased by 6.2% 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
THE MISSION OF THE MEXICAN AMERICAN OPPORTUNITY FOUNDATION IS TO PROVIDE FOR THE SOCIOECONOMIC BETTERMENT OF THE GREATER LATINO COMMUNITY OF CALIFORNIA, WHILE PRESERVING THE PRIDE, VALUES AND HERITAGE OF THE MEXICAN AMERICAN CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAOF OFFERS CALWORKS/ALTERNATIVE PAYMENT PROGRAMS FUNDED BY THE CALIFORNIA DEPARTMENT OF SOCIAL SERVICES (STAGES II, III & APP PROGRAMS) TO LOW-INCOME FAMILIES. ALTERNATIVE PAYMENT PROGRAMS ARE PARENTAL CHOICE PROGRAMS, IN WHICH PARENTS MAY CHOOSE FROM AMONG THE DIFFERENT TYPES OF CHILD CARE SERVICES AND WHO ARE ALSO CALWORKS RECIPIENTS WHO ARE EITHER ON OR OFF CASH AID OR OF LOW-INCOME. CHILDREN ACCEPTED IN THESE PROGRAMS ARE UNDER THE AGE OF 13 IF THE PARENTS ARE WORKING AND MEET ELIGIBILITY REQUIREMENTS, SEEKING EMPLOYMENT, ATTENDING SCHOOL, OR PARTICIPATING IN A GAIN APPROVED PROGRAM. ELIGIBLE FAMILIES MAY HAVE ALL OR PART OF THE COST PAID FOR BY A SUBSIDIZED FEDERAL AND STATE BLOCK GRANT. TOTAL NUMBER OF CHILDREN SERVED IN FY 2021-22: 4,765.
MAOF OPERATES A PRE-SCHOOL EARLY LEARNING PROGRAM FUNDED BY THE CALIFORNIA DEPARTMENT OF EDUCATION. THIS PROGRAM OFFERS A DEVELOPMENTAL CURRICULUM FOR PRE-KINDERGARTEN CHILDREN BETWEEN THE AGES OF 3 AND 5. THIS PROGRAM ENHANCES THE CHILDREN'S PHYSICAL, MENTAL, SOCIAL AND CULTURAL AWARENESS INCLUDING A PARENT INVOLVEMENT COMPONENT IN THE CHILD'S EDUCATION AS WELL AS OTHER SOCIAL SERVICES. TOTAL NUMBER OF PRE-SCHOOL CHILDREN ENROLLED IN FY 2021-22 WAS 752.
MAOF OPERATES THE HEAD START PROGRAM FUNDED BY THE LOS ANGELES COUNTY OFFICE OF EDUCATION (LACOE) TO PROVIDE COMPREHENSIVE CHILD DEVELOPMENT SERVICES TO ECONOMICALLY DISADVANTAGED CHILDREN AND FAMILIES, WITH SPECIAL FOCUS ON HELPING PRESCHOOLERS DEVELOP THE EARLY READING AND MATH SKILLS THEY NEED TO BE SUCCESSFUL IN SCHOOL. MAOF ALSO OFFERS EARLY HEAD START SERVICES (EHS) DESIGNED TO SERVE CHILDREN 0-3 YEARS OLD IN PARTNERSHIP WITH MAOFS CHILD CARE AND PRE-SCHOOL PROGRAMS WITH CDE. EHS CHILDREN AND FAMILIES RECEIVE MENTAL HEALTH, HEALTH, NUTRITION, DISABILITIES, FAMILY AND COMMUNITY PARTNERSHIPS SERVICES, AND ADDITIONAL COMMUNITY RESOURCES AND WORKSHOPS. CURRENTLY, MAOF OPERATES MORE THAN 15 HEAD START AND EARLY HEAD START CENTERS IN THE L.A. COUNTY AREA. NUMBER OF CHILDREN ENROLLED IN FY 2021-22 WAS 1,366.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Castro Former Pres/ceo | Officer | 40 | $220,000 |
Virginia Santos Chief Oper Ofcr | Officer | 40 | $209,826 |
Orlando Sayson CFO | Officer | 40 | $215,497 |
Claudia Rufino Hr Director | 40 | $156,034 | |
Sonia Guerrero Hs Prgrm Director | 40 | $145,392 | |
Caren Chen Director - Finance | 40 | $123,394 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Childcare Careers Llc Child Care Services | 6/29/22 | $1,590,621 |
Triple D & Cd Inc Dba Child Care Services | 6/29/22 | $753,338 |
Elior Inc Meal Service | 6/29/22 | $495,297 |
Kopman California Inc Construction | 6/29/22 | $495,048 |
Indeed Inc Employment Services | 6/29/22 | $255,797 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $209,056 |
| Related organizations | $0 |
| Government grants | $114,322,522 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,028,293 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,559,871 |
| Total Program Service Revenue | $50,836 |
| Investment income | $21,728 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$89,322 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $116,746,962 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,967,450 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $916,760 |
| Compensation of current officers, directors, key employees. | $916,760 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,431,265 |
| Pension plan accruals and contributions | $858,658 |
| Other employee benefits | $8,311,192 |
| Payroll taxes | $2,818,833 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $79,972 |
| Fees for services: Accounting | $57,494 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,373,468 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $142,557 |
| 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 | $951,320 |
| Insurance | $342,958 |
| All other expenses | $3,253,258 |
| Total functional expenses | $118,862,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,479,234 |
| Pledges and grants receivable | $10,092,383 |
| 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 | $179,145 |
| Net Land, buildings, and equipment | $8,897,547 |
| Investments—publicly traded securities | $411,498 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $627,466 |
| Total assets | $36,687,273 |
| Accounts payable and accrued expenses | $11,748,634 |
| Grants payable | $7,697,595 |
| 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 | $1,406,608 |
| Total liabilities | $20,852,837 |
| Net assets without donor restrictions | $15,834,436 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $36,687,273 |