Lathamcares Colleague Assistance Fund
- Assets
- $460.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 46-5018518
Organization Overview
Lathamcares Colleague Assistance Fund is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lathamcares Colleague Assistance Fund 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 12/2023, Lathamcares Colleague Assistance Fund generated $25.2k 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 (26.1%) each year. All expenses for the organization totaled $37.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Lathamcares Colleague Assistance Fund has awarded 16 individual grants totaling $802,995. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IN 2023, LATHAMCARES MADE A GRANT OF 12,355 TO A COLLEAGUE DUE TO PERSONAL FINANCIAL HARDSHIPS CAUSED BY AN EMERGENCY SITUATION. CONTINUED SCH. O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Atrokhov Director, Presidentfrom Jan 2023 | 1 | $0 | |
Matt Fritz From Jan 2023 Director | 0.25 | $0 | |
Farhan Aziz Director, CFO | 1.5 | $0 | |
Ana O'brien Director | 0.25 | $0 | |
Sandra Hernandez Director, Vice President | 0.25 | $0 | |
Christian Lidyard From Apr 2023 Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,395 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,792 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,187 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,322 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,836 |
| Total expenses | $37,013 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $460,086 |
| Other assets | $0 |
| Total assets | $460,086 |
| Total liabilities | $0 |
| Net assets or fund balances | $460,086 |
Grants Awarded
Over the last fiscal year, Lathamcares Colleague Assistance Fund has awarded $125,058 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
PROJECT HOPE PURPOSE: COVID RELATED | $25,000 |
FEEDING AMERICA PURPOSE: COVID RELATED | $45,500 |
MY BROTHER'S KEEPER PURPOSE: SOCIAL JUSTICE REFORM | $7,088 |
NAACP PURPOSE: SOCIAL JUSTICE REFORM | $5,415 |
THE GLOBAL FOODBANKING NETWORK PURPOSE: COVID RELATED | $25,000 |
MY BLOCK MY HOOD MY CITY PURPOSE: SOCIAL JUSTICE REFORM | $11,637 |