Civic Intelligence

Mexican American Opportunity Foundation

990 • Fiscal year 2014 • EIN 95-2594166

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 09, 2015

401 North Garfield Avenue90640

(323) 890-9600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.49x

Higher debt load relative to assets than 66% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

19th percentile

0.12x

Higher debt load relative to revenue than 19% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

31st percentile

0.2%

Higher net margin than 31% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

24th percentile

$202,133

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Asset Growth

15th percentile

-2.9%

Faster asset growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$15,577,128

Down $463,679 (-2.9%) from 2013

Net Assets

Up

$7,975,468

Up $137,386 (+1.8%) from 2013

Liabilities

Down

$7,601,660

Down $601,065 (-7.3%) from 2013

Revenue

$63,822,495

No earlier filing loaded for comparison.

Expenses

Up

$63,685,109

Up $4,121,991 (+6.9%) from 2013

Net Income

$137,386

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100M$50M$0Assets 2010: $16,204,972Liabilities 2010: $14,709,206Net Assets 2010: $1,495,7662010Assets 2011: $17,885,369Liabilities 2011: $16,416,070Net Assets 2011: $1,469,2992011Assets 2012: $18,394,884Liabilities 2012: $9,868,727Net Assets 2012: $8,526,1572012Assets 2013: $16,040,807Liabilities 2013: $8,202,725Net Assets 2013: $7,838,0822013Assets 2014: $15,577,128Liabilities 2014: $7,601,660Net Assets 2014: $7,975,4682014Assets 2015: $19,881,711Liabilities 2015: $10,924,625Net Assets 2015: $8,957,0862015Assets 2016: $23,264,818Liabilities 2016: $13,474,128Net Assets 2016: $9,790,6902016Assets 2017: $22,308,111Liabilities 2017: $11,211,173Net Assets 2017: $11,096,9382017Assets 2018: $24,743,985Liabilities 2018: $12,156,053Net Assets 2018: $12,587,9322018Assets 2019: $24,401,883Liabilities 2019: $10,036,898Net Assets 2019: $14,364,9852019Assets 2020: $28,259,550Liabilities 2020: $13,338,870Net Assets 2020: $14,920,6802020Assets 2021: $37,230,617Liabilities 2021: $20,711,875Net Assets 2021: $16,518,7422021Assets 2022: $36,687,273Liabilities 2022: $20,852,837Net Assets 2022: $15,834,4362022Assets 2023: $62,619,160Liabilities 2023: $45,382,125Net Assets 2023: $17,237,0352023Assets 2024: $94,372,640Liabilities 2024: $75,155,689Net Assets 2024: $19,216,9512024

Highlighted filing

2014

Assets$15,577,128
Liabilities$7,601,660
Net Assets$7,975,468

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200M$150M$100M$50M$0-$50MExpenses 2010: $73,068,3112010Expenses 2011: $65,769,5042011Expenses 2012: $59,887,9372012Expenses 2013: $59,563,1182013Revenue 2014: $63,822,495Expenses 2014: $63,685,109Net Income 2014: $137,3862014Revenue 2015: $73,386,916Expenses 2015: $72,577,298Net Income 2015: $809,6182015Revenue 2016: $78,337,222Expenses 2016: $78,134,261Net Income 2016: $202,9612016Revenue 2017: $82,788,364Expenses 2017: $82,703,997Net Income 2017: $84,3672017Revenue 2018: $89,485,072Expenses 2018: $89,519,728Net Income 2018: -$34,6562018Revenue 2019: $98,994,579Expenses 2019: $98,723,034Net Income 2019: $271,5452019Revenue 2020: $109,442,189Expenses 2020: $109,183,766Net Income 2020: $258,4232020Revenue 2021: $119,379,941Expenses 2021: $120,035,248Net Income 2021: -$655,3072021Revenue 2022: $116,746,962Expenses 2022: $118,862,694Net Income 2022: -$2,115,7322022Revenue 2023: $141,241,092Expenses 2023: $142,273,146Net Income 2023: -$1,032,0542023Revenue 2024: $178,978,894Expenses 2024: $179,529,394Net Income 2024: -$550,5002024

Highlighted filing

2014

Revenue$63,822,495
Expenses$63,685,109
Net Income$137,386
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 9, 2015
Return Version
2013v4.0
Gross Receipts
$63,942,998
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,376,869$6,009,525▼ $367,344
Savings and Temporary Cash Investments$6,225,761$5,773,451▼ $452,310
Pledges and Grants Receivable$3,080,946$3,083,078▲ $2,132
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$16,040,807$15,577,128▼ $463,679
Other Assets Total$357,231$711,074▲ $353,843
Liabilities
Accounts Payable and Accrued Expenses$5,232,780$5,236,594▲ $3,814
Unsecured Notes Loans Payable$1,290,667$1,118,667▼ $172,000
Other Liabilities$875,795$591,809▼ $283,986
Grants Payable$387,517$518,648▲ $131,131
Mortgage Notes Payable Secured by Investment Property$415,966$135,942▼ $280,024
Total Liabilities$8,202,725$7,601,660▼ $601,065
Net Assets / Fund Balance
Unrestricted Net Assets$7,838,082$7,975,468▲ $137,386
Total Net Assets Fund Balance$7,838,082$7,975,468▲ $137,386
Total Liabilities and Net Assets / Fund Balance$16,040,807$15,577,128▼ $463,679

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,296,181$5,105,909$8,402,090
Buildings$2,535,196$762,396$3,297,592
Other Land Buildings$178,148$1,456,736$1,634,884
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Martin CastroPresident & CEOFT$181,544$20,589$202,133
Orlando SaysonCFOFT$160,307$13,658$173,965
Virginia SantosV.P.-OperationsFT$149,044$18,034$167,078
Claudia RufinoHR DirectorFT$108,502$9,442$117,944

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
HGM & Company IncConstruction Service-$566,461
Atomic InvestmentsProperty Management-$424,626
American Modular Systems IncBuilding Contractor-$186,927
Amidi Partners LLCProperty Management-$162,701
Fuji Lane LLCProperty Management-$139,837
Revenue and Support

Revenue Composition

Contributions and Grants
$61,708,838
Program Service Revenue
$1,753,427
Investment Income
$6,358
Other Revenue
$353,872
All Other Contributions
$655,889
Change in Net Assets
$137,386

Audited Revenue Reconciliation

Revenue per Audited Statements
$63,822,495
Revenue Not Reported on Form 990
$2,198,097
Total Revenue per Audited Statements
$66,020,592
Total Revenue per Form 990
$63,822,495
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$33,681,734
Salaries, Compensation, and Employee Benefits$30,003,375
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$19,662,590$2,247,241-$21,909,831
Other Employee Benefits$6,863,797$568,627-$7,432,424
All Other Expenses$1,934,395$352,987-$2,287,382
Other Expenses$1,123,952$445,379-$1,569,331
Depreciation Depletion$181,759$647,241-$829,000
Current Officers, Directors, Trustees, and Key Employees-$661,120-$661,120
Travel$153,444$81,599-$235,043
Insurance$155,482$41,517-$196,999
Total Functional Expenses$57,858,496$5,826,613$0$63,685,109

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$65,883,206
Expenses per Audited Statements$63,685,109
Total Expenses per Form 990$63,685,109
Expenses Not Reported on Form 990$2,198,097
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$217,560
Fundraising Direct Expenses$120,503
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$174,680$174,680$29,264$145,416
Event 2$27,210$27,210$1,202$26,008
Total Events$217,560$217,560$120,503$97,057
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
CDE Reserve Account$591,809
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Line 11B: Form 990 Review Process

The Form 990 is presented to the CEO/President for review. It is then presented to the Audit Committee for further review and approval.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Monthly review of general ledger by Program Accountant, Program Directors, Vice President of Operations, Financial Manager and CFO.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The salaries of CEO, VP of Operations, CFO, and Human Resources Director are reviewed and approved by the Board Compensation Committee based on actual performance evaluations. The CEO's salary is subject to final approval by the Board of Directors.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Other key employees' salaries are reviewed and approved by the CEO based on individual performance evaluation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

After the Board of Directors approves the Form 990, it is then photocopied by Finance and Accounting Department for filing. It is then filed in a separate drawer that is open for inspection by anyone.

Filing and Contact Details

Filer

EIN
95-2594166
Phone
3238909600

Signing Officer

Name
Martin Castro
Title
President & CEO
Signed
2015-02-09
Discuss with paid preparer
Yes

Organization Details

Formed
1963
Legal Domicile
CA
Voting Board Members
22
Independent Board Members
22
Employees
1,087
Volunteers
847

Preparer

Preparer
Rolland Vasin
Phone
8182223500
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Other $1,590,763 OTHER PROGRAM SERVICES 5: Family Child Care Home $2,627,821 OTHER PROGRAM SERVICES 6: General Child Care & Develop $3,487,979 OTHER PROGRAM SERVICES 7: Migrant Child Care & Special Svc $3,087,219 OTHER PROGRAM SERVICES 8: WIA $1,307,649 OTHER PROGRAM SERVICES 9: Resource & Referral Services $737,242

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

Financial Statements and Reporting an Audit Committee was formed by the Board of Directors. It is directly responsible for the oversight of the annual financial audit.

Financial Statement Notes

Part X : FIN48 Footnote

MAOF has adopted Financial Accounting Standards Board Accounting Standards Codification (ASC) Section 740-10, which clarifies the accounting for uncertainty in income taxes. ASC Section 740-10 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Section 740-10 requires that an organization recognize in the financial statements the impact of the tax position if that position will more likely than not be sustained on audit, based on the technical merits of the position. As of and for the year ended June 30, 2014, MAOF had no material unrecognized tax benefits, tax penalties or interest. MAOFs Forms 990, Return of Organization Exempt from Income Tax, for the years ending 2012, 2011, 2010, are subject to examination by the IRS, generally for 3 years after they were filed.

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IRS990/Form990PartVIISectionAGrp/PersonNm2Bill Izabal
IRS990/Form990PartVIISectionAGrp/PersonNm3Roy Jasso
IRS990/Form990PartVIISectionAGrp/PersonNm4Maria Amarillas Degilliland
IRS990/Form990PartVIISectionAGrp/PersonNm5Alex Chaves
IRS990/Form990PartVIISectionAGrp/PersonNm6Teresa Sanchez Gordon
IRS990/Form990PartVIISectionAGrp/PersonNm7Frank Ayala
IRS990/Form990PartVIISectionAGrp/PersonNm8Rudy Beserra
IRS990/Form990PartVIISectionAGrp/PersonNm9Martin Castillo
IRS990/Form990PartVIISectionAGrp/PersonNm10Ernesto Morales
IRS990/Form990PartVIISectionAGrp/PersonNm11Victor M Ramirez
IRS990/Form990PartVIISectionAGrp/PersonNm12Gilda Bojorquez Gjurich
IRS990/Form990PartVIISectionAGrp/PersonNm13Christopher M Hernandez
IRS990/Form990PartVIISectionAGrp/PersonNm14Fernando de Necochea
IRS990/Form990PartVIISectionAGrp/PersonNm15Jeff Penichet
IRS990/Form990PartVIISectionAGrp/PersonNm16Blanca G Cavazos
IRS990/Form990PartVIISectionAGrp/PersonNm17Steven Soto
IRS990/Form990PartVIISectionAGrp/PersonNm18Victor Sierra
IRS990/Form990PartVIISectionAGrp/PersonNm19Jerry G Velasco
IRS990/Form990PartVIISectionAGrp/PersonNm20Anita Q Gabrielian
IRS990/Form990PartVIISectionAGrp/PersonNm21Carlos Viramontes
IRS990/Form990PartVIISectionAGrp/PersonNm22Martin Castro
IRS990/Form990PartVIISectionAGrp/PersonNm23Orlando Sayson
IRS990/Form990PartVIISectionAGrp/PersonNm24Virginia Santos
IRS990/Form990PartVIISectionAGrp/PersonNm25Claudia Rufino
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IRS990/Form990PartVIISectionAGrp/TitleTxt22President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt23CFO
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$94.4$75.2$19.2$179$180$0.55
2023Detailed filing. Detailed filing data is available for this year.$62.6$45.4$17.2$141$142$1.03
2022Detailed filing. Detailed filing data is available for this year.$36.7$20.9$15.8$117$119$2.12
2021Detailed filing. Detailed filing data is available for this year.$37.2$20.7$16.5$119$120$0.66
2020Detailed filing. Detailed filing data is available for this year.$28.3$13.3$14.9$109$109$0.26
2019Detailed filing. Detailed filing data is available for this year.$24.4$10.0$14.4$99.0$98.7$0.27
2018Detailed filing. Detailed filing data is available for this year.$24.7$12.2$12.6$89.5$89.5$0.03
2017Detailed filing. Detailed filing data is available for this year.$22.3$11.2$11.1$82.8$82.7$0.08
2016Detailed filing. Detailed filing data is available for this year.$23.3$13.5$9.79$78.3$78.1$0.20
2015Detailed filing. Detailed filing data is available for this year.$19.9$10.9$8.96$73.4$72.6$0.81
2014Detailed filing. Detailed filing data is available for this year.$15.6$7.60$7.98$63.8$63.7$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.0$8.20$7.84$59.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.4$9.87$8.53$59.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.9$16.4$1.47$65.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$14.7$1.50$73.1