Cofem
- Assets
- $2.3m
- Revenue
- $984.3k
- Investments
- $0.0
- Employees
- 13
- Location
- Los Angeles, CA
- Founding
- 06/2006
- Data as of
- 12/2022
- EIN
- 32-0154043
Organization Overview
Cofem is located in Los Angeles, CA. The organization was established in 2006. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Cofem employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cofem 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 12/2022, Cofem generated $984.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cofem has awarded 11 individual grants totaling $427,603. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE ADVANCEMENT OF THE LATINO COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIVIC PARTICIPATION - CIVIC PROGRAMS AIMED AT STRENGHTENING THE LATINO COMMUNITY'S ROLE IN THE POLITICAL PROCESS AND ASSURING THAT THE LATINO IMMIGRANT'S VOICE IS INCLUDED IN DECISION-MAKING FORUMS AT THE STATE AND FEDERAL LEVELS IN BOTH THE UNITED STATES AND MEXICO.
HEALTH - PROGRAMS TO FOSTER A CULTURE OF HEALTH, WELLNESS, AND AT THE SAME TIME, ADDRESS THE ECONOMIC, EDUCATION, LINGUISTIC AND CULTURAL BARRIERS THAT AFFECT THE DISTRIBUTION OF HEALTH SERVICES.
EDUCATION - PROGRAMS TO INCREASE THE EDUCATIONAL OPPORTUNITIES OF CHILDREN AND ADULTS IN THE LATINO IMMIGRANT COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlos Ivan Gonzalez President | OfficerTrustee | 5 | $0 |
Idelfonso Gastelum Secretary | OfficerTrustee | 5 | $0 |
Regina Vega Treasurer | OfficerTrustee | 5 | $0 |
Luis Escalera Pro-Secretary | OfficerTrustee | 5 | $0 |
Imelda Beltran Pro-Treasurer | Trustee | 5 | $0 |
Ilan Shapiro Strygler Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $400 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $983,856 |
| Noncash contributions included in lines 1a–1f | $1,910 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $984,256 |
| Total Program Service Revenue | $0 |
| Investment income | $18 |
| 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 | $984,274 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $267,120 |
| Grants and other assistance to domestic individuals. | $6,410 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,274 |
| Compensation of current officers, directors, key employees. | $23,753 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $450,253 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,459 |
| Payroll taxes | $41,533 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,273 |
| Advertising and promotion | $0 |
| Office expenses | $80,884 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,303 |
| Travel | $14,982 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,197 |
| Interest | $295 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,337 |
| Insurance | $11,053 |
| All other expenses | $0 |
| Total functional expenses | $1,131,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,939,665 |
| Savings and temporary cash investments | $73,319 |
| Pledges and grants receivable | $273,581 |
| 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 | $9,222 |
| Net Land, buildings, and equipment | $5,944 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,301,731 |
| Accounts payable and accrued expenses | $63,969 |
| 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 | $0 |
| Total liabilities | $63,969 |
| Net assets without donor restrictions | $1,571,581 |
| Net assets with donor restrictions | $666,181 |
| 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 | $2,301,731 |
Grants Awarded
Over the last fiscal year, Cofem has awarded $245,470 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
LATINO MEDIA COLLABORATIVE PURPOSE: PASS-THROUGH GRANT TO BUILD REGIONAL MEDIA INFRASTRUCTURE AND CAPACITY IN LOS ANGELES. | $227,500 |
LEADERSHIP COUNSEL FOR JUSTICE AND ACCOUNTABILITY PURPOSE: EMPOWERING IMMIGRANTS IN THE EASTERN COACHELLA VALLEY PROJECT. | $8,000 |
ORGANIZACION EN CALIFORNIA DE LIDERES CAMPESINAS INC PURPOSE: EMPOWERING IMMIGRANTS IN THE EASTERN COACHELLA VALLEY PROJECT. | $9,970 |