Mexican American Opportunity Foundation

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

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

“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.”

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

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

“OTHER PROGRAM SERVICES 4: MAOF offers other programs and services to its targeted population funded by various non-governmental organizations. These include: (a) Early Head Start program through the Volunteers of America of Los Angeles;(b) Financial services assistance from Local Initiatives Support Corporation to provide financial assistance services to low-income families to help them increase their earnings and income, reduce financial transaction costs, and generate new wealth for themselves and their communities; (c) Seniors Services; (d) Financial Literacy; (e) Assets Building program; (f) Volunteer Income Tax Assistance; (g) Food Bank; (h) Immigration Forums;(i) Health and Wellness forums;(j) Fundraising and Development program to launch the two major fundraising events: the Annual Aztec Awards Gala Night and the Women's Conference to generate unrestricted donor funds to support existing programs, (k) Other related supplemental programs and services benefiting low income families in the communities served.Total expenditures: $15,577,062 OTHER PROGRAM SERVICES 5: MAOF provides comprehensive Child Care and Development Services funded by the California Department of Social Services to children in designated service areas whose parents are either recipient of child protective services, seeking employment or vocational training, or incapacitated. Its child care centers use the High Scope Curriculum to create a nurturing environment that promotes the development of physical, mental, cognitive, and social skills. Children accepted in these programs are: infants 0-18 months, toddlers 18-36 months, and preschoolers 3-5 years. Total number of children served in FY 2023-24: 316Total expenditures: $11,827,121 OTHER PROGRAM SERVICES 6: MAOF is also funded by the California Department of Social Services to operate the Migrant Child Care and Development Program to provide child care services to children of families who earn at least 50 percent of their total gross income from employment in fishing, agriculture or agriculturally related work. MAOF operates centers in Salinas and Kern Counties to provide child care development services for children from birth through 12 years of age and older children with exceptional needs. These program also provides an educational component that is culturally, linguistically, and developmentally appropriate for the children served. Other services provided include meals and snacks, parent education, referrals to health and social services for agricultural families, and staff development opportunities to employees. Total number of children enrolled in this program in FY 2023-24 was 95.Total expenditures: $3,531,007 OTHER PROGRAM SERVICES 7: The Resource and Referral program at MAOF provides families and child care providers in Los Angeles and Monterey counties with: (a) Referrals to licensed and exempt child care centers and family day care homes; (b) Technical Assistance for persons interested in obtaining a license as a child care provider; (c) Referrals to child and family related services (d) Information about child care options for children with special needs, and (e) other referral services to educate parents on child care-related topics. Total number of referrals made in FY 2023-24: 11,036.Total expenditures: $1,287,664 OTHER PROGRAM SERVICES 8: MAOF also has a 3-year contract with the County of Orange Social Services Agency to provide Early Childhood Education Services at the Tustin Family Center in Tustin, California. This program specifically serves children who are at-risk, abused, and neglected children and to help them grow and develop to their fullest potentially emotionally, socially, cognitively, and physically, and to allow them to live and learn successfully both in the home and in the classroom. Target population includes children ages birth through 2 and half years of age for infant/toddler services, and children ages 2 to 5 years for Preschool services. Total number of children ser”

“Government Funded Assets = $2530186”

“Financial Statements and Reporting - An Audit Committee was formed by the Board of Directors that is directly responsible for the oversight of the annual financial audit.”