Latino Resource Organization Inc
- Assets
- $503.2k
- Revenue
- $935.0k
- Investments
- $0.0
- Employees
- 23
- Location
- Los Angeles, CA
- Founding
- 09/1983
- Data as of
- 06/2021
- EIN
- 95-3655201
Organization Overview
Latino Resource Organization Inc is located in Los Angeles, CA. The organization was established in 1983. According to its NTEE Classification (R99) the organization is classified as: Civil Rights, Social Action & Advocacy N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 06/2021, Latino Resource Organization Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latino Resource Organization Inc 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 06/2021, Latino Resource Organization Inc generated $935.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $942.2k during the year ending 06/2021. While expenses have increased by 4.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
WESTSIDE LOS ANGELES NONPROFIT ORGANIZATION DEDICATED TO PROVIDE A CONTINUUM OF CORE SERVICES DESIGNED TO ASSIST VERY-LOW, AND LOW INCOME FAMILIES SUCCESSFULLY ATTAIN SOCIO-ECONOMIC RESOURCES AND YOUTH SERVICES THAT TARGET INCREASING ACADEMIC ACHIEVEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY SERVICE THROUGH FAMILY SOURCE CENTER, EDUCATION PROGRAMS,AND SENIOR PROGRAMS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,968 |
| All other contributions, gifts, grants, and similar amounts not included above | $901,044 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $935,012 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $935,012 |
| 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. | $100,404 |
| Compensation of current officers, directors, key employees. | $10,041 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $536,338 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,686 |
| Payroll taxes | $59,118 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,100 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,113 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,359 |
| Travel | $127 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $41 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,725 |
| All other expenses | $16,699 |
| Total functional expenses | $942,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,791 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $378,548 |
| 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 | $6,944 |
| Net Land, buildings, and equipment | $5,885 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $503,168 |
| Accounts payable and accrued expenses | $106,161 |
| 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 | $24,626 |
| Total liabilities | $130,787 |
| Net assets without donor restrictions | $372,381 |
| Net assets with donor restrictions | $0 |
| 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 | $503,168 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Latino Resource Organization Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Helping Ourselves Pursue Enrichment Inc Tucson, AZ | $6,867,113 | $8,019,048 |
Shared Ascent Fund Sacramento, CA | $4,357,054 | $8,676,213 |
Youth Rights & Justice Portland, OR | $2,909,833 | $4,327,492 |
Public Defender Of Marion Countyinc Salem, OR | $1,209,671 | $3,361,687 |
Center For Media Justice Oakland, CA | $7,326,196 | $4,316,153 |
San Francisco Vs Big Tobacco A Coalition Of Doctors Parents And C Sacramento, CA | $1,415,390 | $2,648,796 |
Ear Foundation Of Arizona Phoenix, AZ | $629,061 | $726,252 |
Latino Resource Organization Inc Los Angeles, CA | $503,168 | $935,012 |
Foundation For Womens Leadership & Empowerment Las Vegas, NV | $1,784,631 | $597,008 |
Dont Shoot Portland Portland, OR | $1,346,377 | $1,960,193 |
Institute For A Progressive Nevada Henderson, NV | $576,578 | $806,514 |
Great Leaders Strong Schools Phoenix, AZ | $143,622 | $781,161 |