Civic Intelligence

Latino Community Foundation

EIN 81-0564400 • 501(c)3 • San Francisco, CA

Profile

The Latino Community Foundation LCF is on a mission to unleash the civic and economic power of Latinos in California. LCF fulfills this mission by building a movement of civically engaged philanthropists, investing in Latino-led organizations, and increasing the civic and political participation of Latinos.

235 Montgomery Street Room 1160San Francisco, CA 94104
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

12th percentile

0.01x

Higher debt load relative to assets than 12% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

13th percentile

0.05x

Higher debt load relative to revenue than 13% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

62nd percentile

9.4%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-41%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$59,666,493

Up $5,112,225 (+9.4%) from 2023

Liabilities

Down

$754,282

Down $288,659 (-28%) from 2023

Net Assets

Up

$58,912,211

Up $5,400,884 (+10%) from 2023

Revenue

Down

$14,186,945

Down $10,011,023 (-41%) from 2023

Expenses

Down

$11,757,933

Down $796,129 (-6.3%) from 2023

Net Income

Down

$2,429,012

Down $9,214,894 (-79%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $759,215Liabilities 2011: $282,399Net Assets 2011: $476,8162011Assets 2012: $701,658Liabilities 2012: $245,190Net Assets 2012: $456,4682012Assets 2013: $1,036,288Liabilities 2013: $290,254Net Assets 2013: $746,0342013Assets 2014: $1,630,131Liabilities 2014: $424,143Net Assets 2014: $1,205,9882014Assets 2015: $1,299,197Liabilities 2015: $105,716Net Assets 2015: $1,193,4712015Assets 2016: $2,244,027Liabilities 2016: $87,030Net Assets 2016: $2,156,9972016Assets 2017: $3,949,312Liabilities 2017: $241,737Net Assets 2017: $3,707,5752017Assets 2018: $4,963,164Liabilities 2018: $208,572Net Assets 2018: $4,754,5922018Assets 2019: $5,430,563Liabilities 2019: $259,352Net Assets 2019: $5,171,2112019Assets 2020: $14,005,000Liabilities 2020: $779,233Net Assets 2020: $13,225,7672020Assets 2021: $24,983,949Liabilities 2021: $858,349Net Assets 2021: $24,125,6002021Assets 2022: $40,505,366Liabilities 2022: $1,304,098Net Assets 2022: $39,201,2682022Assets 2023: $54,554,268Liabilities 2023: $1,042,941Net Assets 2023: $53,511,3272023Assets 2024: $59,666,493Liabilities 2024: $754,282Net Assets 2024: $58,912,2112024

Highlighted filing

2024

Assets$59,666,493
Liabilities$754,282
Net Assets$58,912,211

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $930,479Expenses 2011: $1,078,504Net Income 2011: -$148,0252011Revenue 2012: $870,189Expenses 2012: $890,537Net Income 2012: -$20,3482012Revenue 2013: $1,189,466Expenses 2013: $899,900Net Income 2013: $289,5662013Revenue 2014: $1,633,910Expenses 2014: $1,203,637Net Income 2014: $430,2732014Revenue 2015: $1,406,178Expenses 2015: $1,418,695Net Income 2015: -$12,5172015Revenue 2016: $1,482,803Expenses 2016: $929,704Net Income 2016: $553,0992016Revenue 2017: $4,512,707Expenses 2017: $3,012,129Net Income 2017: $1,500,5782017Revenue 2018: $5,549,566Expenses 2018: $4,502,549Net Income 2018: $1,047,0172018Revenue 2019: $5,019,985Expenses 2019: $4,603,366Net Income 2019: $416,6192019Revenue 2020: $15,949,364Expenses 2020: $7,894,808Net Income 2020: $8,054,5562020Revenue 2021: $19,515,663Expenses 2021: $8,598,260Net Income 2021: $10,917,4032021Revenue 2022: $26,130,512Expenses 2022: $10,526,822Net Income 2022: $15,603,6902022Revenue 2023: $24,197,968Expenses 2023: $12,554,062Net Income 2023: $11,643,9062023Revenue 2024: $14,186,945Expenses 2024: $11,757,933Net Income 2024: $2,429,0122024

Highlighted filing

2024

Revenue$14,186,945
Expenses$11,757,933
Net Income$2,429,012

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.7$0.75$58.9$14.2$11.8$2.43
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$54.6$1.04$53.5$24.2$12.6$11.6
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.5$1.30$39.2$26.1$10.5$15.6
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.0$0.86$24.1$19.5$8.60$10.9
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$0.78$13.2$15.9$7.89$8.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.43$0.26$5.17$5.02$4.60$0.42
2018Summary only. Only limited summary data is available for this year.$4.96$0.21$4.75$5.55$4.50$1.05
2017Summary only. Only limited summary data is available for this year.$3.95$0.24$3.71$4.51$3.01$1.50
2016Summary only. Only limited summary data is available for this year.$2.24$0.09$2.16$1.48$0.93$0.55
2015Summary only. Only limited summary data is available for this year.$1.30$0.11$1.19$1.41$1.42$0.01
2014Summary only. Only limited summary data is available for this year.$1.63$0.42$1.21$1.63$1.20$0.43
2013Summary only. Only limited summary data is available for this year.$1.04$0.29$0.75$1.19$0.90$0.29
2012Summary only. Only limited summary data is available for this year.$0.70$0.25$0.46$0.87$0.89$0.02
2011Summary only. Only limited summary data is available for this year.$0.76$0.28$0.48$0.93$1.08$0.15
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$5,255,552
Mission and Program Overview

Mission

Lcf exists to unleash the civic and economic power of latinos in california. Lcf fulfills the mission by building a movement of civically engaged philanthropic leaders, investing in latino-led (continue on sch o)

LCF exits to unleash the power of Latinos. The Foundation invests in opportunities for Latino youth to thrive, builds political power for Latino Communities and inspires philanthropy by Latinos

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,229,641$3,469,406▲ $239,765
Pledges and Grants Receivable$1,094,727$1,301,395▲ $206,668
Investments in Publicly Traded Securities$571,535$585,763▲ $14,228
Prepaid Expenses and Deferred Charges$62,952$64,711▲ $1,759
Land, Buildings, and Equipment, Net$4,309$9,288▲ $4,979
Total Assets$4,963,164$5,430,563▲ $467,399
Liabilities
Accounts Payable and Accrued Expenses$208,572$259,352▲ $50,780
Total Liabilities$208,572$259,352▲ $50,780
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,839,208$3,297,568▼ $541,640
Net Assets Without Donor Restrictions$915,384$1,873,643▲ $958,259
Total Net Assets Fund Balance$4,754,592$5,171,211▲ $416,619
Total Liabilities and Net Assets / Fund Balance$4,963,164$5,430,563▲ $467,399

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,288$29,678$38,966

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$453,834$289,000--$742,834
2018$323,749$130,085--$453,834
2017-$323,749--$323,749
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jacqueline Martinez GarcelCEOFT$264,381$17,589$281,970
Mariya ChernyakVP of ProgramsFT$148,179$14,230$162,409
Christian AranaPolicy DirectorFT$102,000$8,819$110,819
Revenue and Support

Revenue Composition

Contributions and Grants
$4,980,857
Program Service Revenue
$0
Investment Income
$14,243
Other Revenue
$24,885
All Other Contributions
$4,405,143
Change in Net Assets
$416,619

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,019,985
Total Revenue per Audited Statements
$5,019,985
Total Revenue per Form 990
$5,019,985
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,837,300
Other Expenses$1,453,322
Salaries, Compensation, and Employee Benefits$1,255,406
Total Fundraising Expense$171,688
Professional Fundraising Fees$57,338

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,837,300--$1,837,300
Fees for Services Other$574,384$192,921$-7,649$759,656
Other Salaries and Wages$438,514$74,771$43,275$556,560
Current Officers, Directors, Trustees, and Key Employees$437,441$74,588$43,169$555,198
Occupancy$78,700$104,886-$183,586
Travel$72,780$16,179$5,024$93,983
Payroll Taxes$61,354$10,461$6,055$77,870
Fees for Services Professional Fundraising--$57,338$57,338
All Other Expenses$6,243$38,269$11,107$55,619
Other Employee Benefits$38,889$6,631$3,838$49,358
Pension Plan Contributions$12,937$2,206$1,277$16,420
Office Expenses$4,181$4,859$4,299$13,339
Other Expenses$6,831$2,209$3,864$12,904
Total Functional Expenses$3,840,504$591,174$171,688$4,603,366

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,603,366
Total Expenses per Audited Statements$4,603,366
Total Expenses per Form 990$4,603,366
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fresno Barrios UnidosFresno, CA501c3Empower$135,000
Fathers & Families of San JoaquinStockton, CA501c3Empower$100,000
Community InitiativesOakland, CA501c3Empower, Transform, Inspire$97,200
Power CaliforniaOakland, CA501c3Empower, Inspire$79,100
TODEC Legal Center PerrisPerris, CA501c3Empower, Inspire$75,000
North Bay Organizing ProjectGraton, CA501c3Empower, Rapid Response$65,000
Prospera Community DevelopmentOakland, CA501c3Inspire, Empower$56,200
Corazon HealdsburgHealdsburg, CA501c3Rapid Response$55,000
Center on Race Poverty and the Environment (CRPE)Emeryville, CA501c3Empower$50,000
Lideres CampesinasOxnard, CA501c3Empower$50,000
Dev MissionSan Francisco, CA501c3Empower, Inspire$45,000
West Side Youth IncMendota, CA501c3Empower, Inspire$43,000
Community Center for the Arts and TechnologyFresno, CA501c3Empower, Inspire$35,000
Tides CenterSan Francisco, CA501c3Empower$35,000
Dolores Huerta FoundationBakersfield, CA501c3Empower, Inspire$34,800
Nuestra Casa (Nuestra Casa de East Palo Alto)East Palo Alto, CA501c3Empower, Inspire$32,500
Mexican American Legal Defense and Educational Fund (MALDEF)Los Angeles, CA501c3Empower, Inspire$32,000
South Modesto Partnerships IncModesto, CA501c3Empower, Inspire$27,000
ACT for Women and GirlsVisalia, CA501c3Empower$25,000
Altamed Health Services CorpLos Angeles, CA501c3Inspire$25,000
California Hispanic Chambers of Commerce FoundationSacramento, CA501c3Empower$25,000
Central Valley Worker CenterFresno, CA501c3Empower$25,000
Centro Binacional para el Desarrollo Indigena Oaxaqueno (CBDIO)Fresno, CA501c3Empower$25,000
Communities For A New California Education FundGranite Bay, CA501c3Empower$25,000
La Clinica de La Raza IncOakland, CA501c3Empower$25,000
La Luz CenterSonoma, CA501c3Empower$25,000
Parent Institute for Quality Education (PIQE)Fresno, CA501c3Empower$25,000
Pesticide Action Network North AmericaBerkeley, CA501c3Empower$25,000
St Francis Center of Redwood CityRedwood City, CA501c3Transform, Inspire$25,000
Youth Leadership InstituteFresno, CA501c3Empower$25,000
Social and Environmental EntrepreneursCalabasas, CA501c3Empower, Inspire$23,000
Bilingual Broadcasting Foundation Inc aka KBBF 891 FMSanta Rosa, CA501c3Rapid Response$20,000
Future Leaders of America East Bay Area IncPittsburg, CA501c3Inspire$16,500
Reaching Back to Our YouthSacramento, CA501c3Inspire$16,000
California Rural Legal Assistance FoundationFresno, CA501c3Empower$15,000
Changing Minds One At A Time FoundationVisalia, CA501c3Empower$15,000
Education and Leadership FoundationFresno, CA501c3Empower$15,000
Latina Leaders of Kern CountyBakersfield, CA501c3Empower$15,000
Latino Commission on Alcohol and Drug Abuse Services of San Mateo County InOrosi, CA501c3Empower$15,000
National Compadres NetworkSan Jose, CA501c3Transform$15,000
Pequenos Empresarios IncMadera, CA501c3Empower$15,000
Professional Latinas Women's AssociationHanford, CA501c3Empower$15,000
Somos MayfairSan Jose, CA501c3Transform$15,000
The Fresno CenterFresno, CA501c3Empower$15,000
The Unity CouncilOakland, CA501c3Empower, Inspire$14,000
Arte Americas the Mexican Arts CenterFresno, CA501c3Inspire$13,000
Centro Legal de la RazaOakland, CA501c3Empower, Inspire$12,000
Digital NESTSan Francisco, CA501c3Inspire$11,000
Spanish Speaking Citizens FoundationOakland, CA501c3Inspire$10,600
Chicano & Latino Youth Leadership ProjectSacramento, CA501c3Inspire$10,500
La Familia Counseling ServiceHayward, CA501c3Inspire$10,000
Moviemiento Cultural de la Union Indigena (MCUI)Windsor, CA501c3Rapid Response$10,000
Generaciones en AccionLos Angeles, CA501c3Inspire$9,000
Clinica TepatiSacramento, CA501c3Inspire$8,400
Central Coast Alliance United for a Sustainable Economy (CAUSE)Ventura, CA501c3Rapid Response$7,500
Al Otro Lado IncLos Angeles, CA501c3Inspire$7,200
Alliance for Youth AchievementSan Jose, CA501c3Inspire$7,070
Community Development Technologies Center (CDTech)Los Angeles, CA501c3Inspire$7,000
Shop with a Cop Foundation of Silicon ValleySan Jose, CA501c3Inspire$6,500
Kids' VisionPortola Valley, CA501c3Inspire$5,490
Center for Leadership Equity and Research (CLEAR)Fresno, CA501c3Empower$5,000
Chicano Research CenterStockton, CA501c3Empower$5,000
Community Health Initiative Napa CountyNapa, CA501c3Rapid Response$5,000
Homeboy IndustriesLos Angeles, CA501c3Empower$5,000
Mission GraduatesSan Francisco, CA501c3Inspire$5,000
Nuestra ComunidadWindsor, CA501c3Rapid Response$5,000
On the MoveNapa, CA501c3Rapid Response$5,000
Pangea Legal ServicesSan Francisco, CA501c3Inspire$5,000
Puertas Abiertas Community Resource CenterNapa, CA501c3Rapid Response$5,000
Real Authentic Women Wellness (RAWW)Fresno, CA501c3Empower$5,000
Santa Cruz Barrios Unidos IncSanta Cruz, CA501c3Transform$5,000
Somos FamiliaOakland, CA501c3Inspire$5,000
UpValley Family Center of Napa CountySt Helena, CA501c3Rapid Response$5,000
Voto LatinoWashington, DC501c3Empower$5,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$235,567
Fundraising Gross Income$235,567
Professional Fundraising Fees$57,338

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala 2019$811,281$235,567$94,153$141,414
Total Events$811,281$235,567$235,567-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11A

An email is sent to the finance committee for review before filing.

Form 990, Part VI, Section B, Line 12C

The document is filled out the first board meeting of the year. Any conflicts are presented to the governance committee for further review and action.

Form 990, Part VI, Section B, Line 15A 15B

The Audit Committee reviews salary surveys and recommendations.

Form 990, Part VI, Section C, Line 19

All documents are available upon request to Main Office. Financial updates are provided as part of annual report which is disseminated to all stakeholders and available on our website.

Filing and Contact Details

Filer

Filer Name
Latino Community Foundation
EIN
81-0564400
Phone
4152364020
Address
235 Montgomery Street Room 1160, San Francisco, CA 94104

Signing Officer

Name
Jacqueline Martinez Garcel
Title
CEO
Phone
4152364020
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacqueline Martinez Garcel
Formed
1989
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
18
Volunteers
16

Preparer

Firm
Izabal Bernaciak & Co
Address
388 Market Street Suite 888, San Francisco, CA 94111
Preparer
Robert Izabal
Phone
4158965551
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 184,882, Grants and allocations 158,500, Revenue 0 Rapid Response Initiative - LCF has established rapid response funds to provide immediate and long term recovery support to communities impacted by wildfires and other natural disasters. LCF provides support to organizations on the frontlines of serving families displaced by these crises.

Form 990, Part IX, Line 11G

Accounting Fees 193,750, 401 K Administrator Fees 1,750, Fund Developer -318, Web Design 150,781, Recruiting HR 14,739, IT Vendors 30,190, Legal Fees 4,707, Evaluation Services 90,774, Contractors 273,283. Total 759,656

Financial Statement Notes

X 2

LCF is exempt from taxation under Internal Revenue Code Section 501c3 and California Revenue and Taxation Code Section 23701d. Management believes the Organization has no uncertain tax positions as of December 31, 2019.

Raw XML AppendixShowing 400 of 1,273 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0The Latino Community Foundation LCF is on a mission to unleash the civic and economic power of Latinos in California. LCF fulfills this mission by building a movement of civically engaged philanthropists, investing in Latino-led organizations, and increasing the civic and political participation of Latinos.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Increasing Civic Power - LCF is the statewide hub for leading campaigns to increase civic engagement and increase political power for Latinos. In 2019, LCF led the Resist to Exist Census outreach campaign to ensure an accurate 2020 Census count as well as invested in grassroot nonprofits working to mobilize the Latino vote in California. LCF convenes Latino leaders to inform and advance a California Latino Agenda that prioritizes policy and provides state budget recommendations that will close the health, wealth, and education equity gap for Latinos in California.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Building Philanthropic Movement - LCF leads the largest network of Latino Philanthropists in the nation. Through its groundbreaking Latino Giving Circle Network, LCF has built a statewide platform for Latinos to invest in grassroot organizations advancing social change. With over 20 Giving Circles representing people from multiple sectors, generations, and income levels coming together lend their time, talent, and treasures to support Latino grassroot leaders and eliminate the inequities in funding for these organizations.
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