Latino Family Institute Inc
- Assets
- $1.4m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 20
- Location
- West Covina, CA
- Founding
- 01/1997
- Data as of
- 12/2021
- EIN
- 95-4587747
Organization Overview
Latino Family Institute Inc is located in West Covina, CA. The organization was established in 1997. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. As of 12/2021, Latino Family Institute Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latino Family Institute 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 12/2021, Latino Family Institute Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 11.7% per year over the past 7 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
TO PROVIDE ADOPTION AND FOSTER CARE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020, THE ORGANIZATION BEGAN THE UNACCOMPANIED ALIEN CHILDREN PROGRAM. THE ORGANIZATION PROVIDES RESIDENTIAL SHELTER AND SERVICES FOR UNACCOMPANIED ALIEN CHILDREN IN COMPLIANCE WITH RESPECTIVE STATE RESIDENTIAL CARE LICENSING REQUIREMENTS. THE PROGRAM IS FEDERALLY FUNDED BY THE OFFICE OF REFUGEE RESETTLEMENT.
FOSTER CARE PROGRAM: FOSTER PARENTS PROVIDE A SUPPORTIVE AND STABLE ENVIRONMENT FOR CHILDREN TEMPORARILY UNABLE TO LIVE WITH THEIR PARENTS DUE TO FAMILY PROBLEMS. IN MOST CASES, THE FOSTER PARENTS WORK WITH AGENCY STAFF TO REUNITE THE CHILD WITH THEIR BIRTH PARENT(S).FOSTER CARE FAMILIES COME FROM A VARIETY OF BACKGROUNDS. THEY HAVE A COMMITMENT TO OFFER LOVE AND CARE TO A CHILD PLACED IN THEIR HOME. SOME PARENTS HAVE OR DO NOT HAVE CHILDREN; OTHERS ARE SINGLE PARENTS, COUPLES AND GRANDPARENTS. LATINO FAMILY INSTITUTE RUNS THE PROGRAM, TRAINS AND EDUCATES THE FORSTER PARENTS.
ADOPTION PROGRAM: SINCE 1989, LATINO FAMILY INSTITUTE (LFI) HAS BEEN WORKING WITH INDIVIDUALS AND COUPLES FROM ALL WALKS OF LIFE TO HELP THEM REALIZE THEIR DREAM OF BECOMING A FAMILY WITH CHILDREN.LFI OFFERS FULL-SERVICE ADOPTION-RELATED SERVICES FREE OF CHARGE AND IS COMMITTED TO ENSURING THE BEST MATCH FOR EACH FAMILY AND CHILD WE SERVE. IN KEEPING WITH OUR MISSION TO BUILD STRONG, NURTURING FAMILIES, IT IS THE POLICY OF LFI NOT TO EXCLUDE PERSONS FROM CONSIDERATION AS PROSPECTIVE ADOPTIVE PARENTS ON THE BASIS OF THEIR RACE, RELIGION, CULTURAL HERITAGE, PHYSICAL HANDICAPS, SEXUAL ORIENTATION, MARITAL STATUS OR AGE. AT LFI, OUR OVERRIDING CONCERN IS THE TIMELY PLACEMENT OF A CHILD WITH PERMANENT AND NURTURING CARETAKERS THAT ARE SENSITIVE TO CHILDS TRAUMA HISTORY AND THEIR DEVELOPMENTAL, SOCIAL, EMOTIONAL, COGNITIVE, PHYSICAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria L Quintanilla CEO | OfficerTrustee | 40 | $181,016 |
Wilson Castellon CFO | Officer | 40 | $175,000 |
Maria A Burwell Vice President | Trustee | 1 | $0 |
Jaime Castel DE Oro Secretary | Trustee | 1 | $0 |
Enrique Medina President | Trustee | 1 | $0 |
Carlos E Ruvalcaba Treasurer | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,599 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,599 |
| Total Program Service Revenue | $2,156,009 |
| 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 | $2,298,088 |
| 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. | $356,016 |
| Compensation of current officers, directors, key employees. | $5,202 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $772,253 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $205,270 |
| Payroll taxes | $88,106 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,716 |
| Advertising and promotion | $10,340 |
| Office expenses | $75,755 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $168,848 |
| Travel | $14,277 |
| 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 | $4,302 |
| Insurance | $34,576 |
| All other expenses | $35,950 |
| Total functional expenses | $2,311,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $447,970 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $811,709 |
| 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 | $76,167 |
| Net Land, buildings, and equipment | $3,115 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,974 |
| Total assets | $1,351,935 |
| Accounts payable and accrued expenses | $58,033 |
| 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 | $32,430 |
| Total liabilities | $90,463 |
| Net assets without donor restrictions | $1,261,472 |
| 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 | $1,351,935 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Latino Family Institute Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
J Miles And Rosanne Reiter Family Foundation Watsonville, CA PURPOSE: GENERAL PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nightlight Christian Adoptions Santa Ana, CA | $2,692,262 | $8,666,914 |
Aid To Adoption Of Special Kids Phoenix, AZ | $31,815,568 | $10,870,362 |
Sierra Forever Families Sacramento, CA | $8,377,568 | $6,662,035 |
Independent Adoption Center Case #17-40327 Hercules, CA | $0 | $2,104,817 |
Building Arizona Families Surprise, AZ | $911,088 | $3,212,292 |
Holt International Foundation Of China Eugene, OR | $28,775 | $2,379,545 |
Latino Family Institute Inc West Covina, CA | $1,351,935 | $2,298,088 |
Legacy Behavioral Services Inc Bakersfield, CA | $317,775 | $2,288,689 |
Agape Adoption Agency Of Arizona Inc Phoenix, AZ | $602,159 | $1,471,973 |
Open Adoption & Family Services Inc Portland, OR | $1,389,687 | $1,661,234 |
Premier Adoption Agency Mesquite, NV | $2,033,840 | $1,139,441 |
The Chosen & Dearly Loved Foundation Kailua, HI | $1,147,060 | $1,206,468 |