University Of Guadalajara Foundation In The United States Of
- Assets
- $8.3m
- Revenue
- $2.0m
- Investments
- $478.3k
- Employees
- 2
- Location
- Los Angeles, CA
- Founding
- 11/2009
- Data as of
- 12/2021
- EIN
- 80-0159475
Organization Overview
University Of Guadalajara Foundation In The United States Of is located in Los Angeles, CA. The organization was established in 2009. 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. As of 12/2021, University Of Guadalajara Foundation In The United States Of employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Guadalajara Foundation In The United States Of 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 12/2021, University Of Guadalajara Foundation In The United States Of generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND INSPIRE LITERACY, AND EDUCATIONAL OPPORTUNITIES IN THE LATIN AMERICAN CULTURE TO HISPANICS IN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER EVENTS
LEALA - 3 DAY IN PERSON EVENT CENTERED AROUND THE PROMOTION OF BOOKS IN THE SPANISH LANGUAGE AS WELL AS THE ACADEMIC CONFERENCES ON VARIOUS SOCIAL AND CULTURAL SUBJECTS. APPROXIMATELY 3,500 ATTENDEES
THE GUADALAJARA FILM FESTIVAL SHOWCASE IN LOS ANGELES 2,563 APROXIMATE ATTENDANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maximillian Greig Secretary | OfficerTrustee | 0 | $0 |
Carmen Cervantes CFO | OfficerTrustee | 0 | $0 |
Raul Padilla Lopez President | OfficerTrustee | 0 | $0 |
Palmira Perez Board Member | Trustee | 0 | $0 |
Guillermo Gomez Mata Board Member | Trustee | 0 | $0 |
Jorge Serna Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,502,015 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,502,015 |
| Total Program Service Revenue | $0 |
| Investment income | $482,711 |
| 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 | $1,984,726 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $311,245 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,243 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $83,955 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $24,500 |
| Office expenses | $12,989 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $139,323 |
| Travel | $37,308 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,380 |
| All other expenses | $20,991 |
| Total functional expenses | $2,649,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,989,927 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,638 |
| 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 | $0 |
| Net Land, buildings, and equipment | $5,319 |
| Investments—publicly traded securities | $5,791,151 |
| Investments—other securities | $478,291 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,065 |
| Total assets | $8,274,391 |
| Accounts payable and accrued expenses | $3,385 |
| 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 | $3,385 |
| Net assets without donor restrictions | $1,014,972 |
| Net assets with donor restrictions | $7,256,034 |
| 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 | $8,274,391 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that University Of Guadalajara Foundation In The United States Of has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Altamed Health Services Corp Los Angeles, CA PURPOSE: AGRICULTURE AND HEALTH PARTNERSHIP | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pledgeling Foundation Venice, CA | $2,856,994 | $17,411,331 |
Social Impact Fund Los Angeles, CA | $12,584,440 | $14,562,924 |
Solidaire Network Inc Oakland, CA | $12,776,145 | $7,898,596 |
Century Club Of San Diego La Jolla, CA | $2,243,411 | $13,615,886 |
Eat Learn Play Foundation Oakland, CA | $9,809,770 | $13,607,001 |
Cilhaas Supporting Foundation Alameda, CA | $0 | $0 |
Jacquie Foundation Incline Village, NV | $0 | -$1,353,234 |
Patricia And Paul Bragg Foundation Santa Barbara, CA | $96,344,460 | $2,462,516 |
Devto Support Foundation Newport Beach, CA | $95,101,323 | $1,275,327 |
Rodan & Fields Prescription For Change Foundation San Francisco, CA | $4,001,646 | $2,863,722 |
Mz Foundation San Francisco, CA | $44,105,186 | $1,119,650 |
Northridge Hospital Foundation Northridge, CA | $34,105,593 | $7,650,276 |