LATINO COMMUNITY FUND INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- LATINO COMMUNITY FUND INC (EIN 82-0911954)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-10
- IRS object ID
- 202011929349301421
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-10T09:55:27-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 581948994 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | R MICHAEL LABOUNTY & ASSOCIATES | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3961 HOLCOMB BRIDGE ROAD SUITE 201 | AddressLine1Txt |
| City | PEACHTREE CORNERS | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30092 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 820911954 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LATINO COMMUNITY FUND INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LATI | BusinessNameControlTxt |
| Phone | 4044352472 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 HURT PLAZA SUITE 1434 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30303 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GILDA PEDRAZA | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 4044352472 | PhoneNum |
| Signature | 2020-07-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LISA H DIAL | PreparerPersonNm |
| PTIN | P00183074 | PTIN |
| Phone | 4046366272 | PhoneNum |
| Preparation | 2020-07-10 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 173.160.67.165 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-07-10 | IPDt |
| IP Tm | 09:55:27 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 29E99669D6FDF56B324DD705C890F19FC3E47F2C | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 29E99669D6FDF56B324DD705C890F19FC3E47F2C | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | GILDA PEDRAZA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 508 PRINCETON WAY NE | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30307 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $856,427 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LCFGEORGIA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2017 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | LATINO COMMUNITY FUND (LCF GEORGIA) SUPPORTS LATINO-SERVING NONPROFITS IN GEORGIA WITH ADVOCACY, PROGRAM DEVELOPMENT, TECHNICAL ASSISTANCE AND GRANT MAKING. WE FOLLOW A FEDERATED MODEL. OUR MEMBER AGENCIES ARE LATINO-LED OR GOVERNED AND MAJORITY LATINO-SERVING COMMUNITY ORGANIZATIONS. OUR MISSION IS TO BE A CATALYST FOR INVESTMENT, COLLABORATIVE WORK, AND POSITIVE NARRATIVE WITH AND WITHIN THE LATINX/HISPANIC COMMUNITY IN GEORGIA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $638,904 | PYContributionsGrantsAmt |
| CY Contributions Grants | $840,530 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $50,749 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $15,859 | CYProgramServiceRevenueAmt |
| CY Investment Income | $38 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $689,653 | PYTotalRevenueAmt |
| CY Total Revenue | $856,427 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $281,396 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $352,515 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $24,832 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $87,743 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $30,506 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $92,290 | PYOtherExpensesAmt |
| CY Other Expenses | $115,390 | CYOtherExpensesAmt |
| PY Total Expenses | $398,518 | PYTotalExpensesAmt |
| CY Total Expenses | $555,648 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $291,135 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $300,779 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $293,849 | TotalAssetsBOYAmt |
| Total Assets EOY | $601,180 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,660 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,216 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $292,189 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $592,964 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | LATINO COMMUNITY FUND (LCF GEORGIA) SUPPORTS LATINO-SERVING NONPROFITS IN GEORGIA WITH ADVOCACY, PROGRAM DEVELOPMENT, TECHNICAL ASSISTANCE AND GRANT MAKING. WE FOLLOW A FEDERATED MODEL. OUR MEMBER AGENCIES ARE LATINO-LED OR GOVERNED AND MAJORITY LATINO-SERVING COMMUNITY ORGANIZATIONS. OUR MISSION IS TO BE A CATALYST FOR INVESTMENT, COLLABORATIVE WORK, AND POSITIVE NARRATIVE WITH AND WITHIN THE LATINX/HISPANIC COMMUNITY IN GEORGIA | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $496,889 | ExpenseAmt |
| Grant | $352,515 | GrantAmt |
| Desc | WE AMPLIFY OUR VOICE AND DRIVE POSITIVE NARRATIVES THROUGH ADVOCACY AND COMMUNITY BUILDING. WE HELP PLACE INDIVIDUALS IN BOARDS, PUBLISH AND DISTRIBUTE STORIES FOCUSED ON CONTRIBUTIONS AND OPPORTUNITIES. WE CONSOLIDATE VITAL RESOURCES AND INFORMATION ON CURRENT SERVICES AND PROGRAMS AND ADVANCE KNOWLEDGE OF OUR COMMUNITY THROUGH DATA AND RESEARCH. WE BUILD CAPACITY IN LATINO-SERVING NONPROFITS BY DEVELOPING PROGRAMS AND PROVIDING LOW-FEE OR FREE TECHNICAL ASSISTANCE IN THE AREAS OF DEVELOPMENT AND FUNDRAISING STRATEGIES, MEETING PLANNING, CONTRACT NEGOTIATING, GRANTS WRITING, MEETING FACILITATION, COMMUNICATIONS, STORYTELLING, COALITION BUILDING AND ADVOCACY TRAINING. WE INVEST IN OUR COMMUNITY WORKING WITH CORPORATIONS, FOUNDATIONS, FAMILIES, AND INDIVIDUALS TO ALLOCATE INVESTMENTS ACCORDING TO STRATEGIC PRIORITIES IN EFFECTIVE, EFFICIENT AND IMPACTFUL PROGRAMMING AND ORGANIZATIONS. WE ARE COLLABORATIVE GRANTMAKERS. | Desc |
| Total Program Service Expenses | $496,889 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | false | ScheduleORequiredInd |
| IRP Document | 4 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GILDA PEDRAZA | PersonNm |
| Phone | 4044352472 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 508 PRINCETON WAY NE | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30307 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| GILDA PEDRAZA | ||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $37,443 | $0 | $0 | |
| RUDY BESERRA | ||||||
| MEMBER-AT-LA | 1.00 | $0 | $0 | $0 | Yes (X) | |
| DANIELA DEMARIA | ||||||
| SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| EDDY ELGUEZABAL | ||||||
| MEMBER AT-LA | 1.00 | $0 | $0 | $0 | Yes (X) | |
| OMAR ESPOSITO | ||||||
| TREASURER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| AIDA FLAMM | ||||||
| BOARD CHAIR | 2.00 | $0 | $0 | $0 | Yes (X) | |
| SAMANTHA RAMIREZ HERERRA | ||||||
| MEMBER-AT-LA | 1.00 | $0 | $0 | $0 | Yes (X) | |
| HENRY A KELLY | ||||||
| MEMBER AT- L | 1.00 | $0 | $0 | $0 | Yes (X) | |
| ANA MARIA MARTINEZ | ||||||
| MEMBER AT-LA | 1.00 | $0 | $0 | $0 | Yes (X) | |
| ANTONIO MOLINA | ||||||
| MEMBER-AT-LA | 1.00 | $0 | $0 | $0 | Yes (X) | |
| MARIA VINCES PECK | ||||||
| SECRETARY | 2.00 | $0 | $0 | $0 | Yes (X) | |
| LILLIAN RODRIGUEZ-LOPEZ | ||||||
| VICE CHAIR | 2.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $37,443 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $840,530 | AllOtherContributionsAmt |
| Noncash Contributions | $2,000 | NoncashContributionsAmt |
| Total Contributions | $840,530 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Total Revenue Column | $15,859 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,859 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $15,859 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38 | TotalRevenueColumnAmt |
| Exclusion | $38 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $856,427 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,859 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $38 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $340,112 | TotalAmt |
| Program Services | $340,112 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,403 | TotalAmt |
| Program Services | $12,403 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,442 | TotalAmt |
| Program Services | $29,954 | ProgramServicesAmt |
| Management And General | $3,744 | ManagementAndGeneralAmt |
| Fundraising | $3,744 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,129 | TotalAmt |
| Program Services | $33,703 | ProgramServicesAmt |
| Management And General | $4,213 | ManagementAndGeneralAmt |
| Fundraising | $4,213 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,417 | TotalAmt |
| Program Services | $1,133 | ProgramServicesAmt |
| Management And General | $142 | ManagementAndGeneralAmt |
| Fundraising | $142 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,755 | TotalAmt |
| Program Services | $5,403 | ProgramServicesAmt |
| Management And General | $676 | ManagementAndGeneralAmt |
| Fundraising | $676 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,617 | TotalAmt |
| Program Services | $23,693 | ProgramServicesAmt |
| Management And General | $2,962 | ManagementAndGeneralAmt |
| Fundraising | $2,962 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,125 | TotalAmt |
| Program Services | $12,050 | ProgramServicesAmt |
| Management And General | $6,025 | ManagementAndGeneralAmt |
| Fundraising | $12,050 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,889 | TotalAmt |
| Program Services | $1,382 | ProgramServicesAmt |
| Management And General | $5,057 | ManagementAndGeneralAmt |
| Fundraising | $1,450 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,406 | TotalAmt |
| Program Services | $5,044 | ProgramServicesAmt |
| Management And General | $1,681 | ManagementAndGeneralAmt |
| Fundraising | $1,681 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,180 | TotalAmt |
| Program Services | $1,272 | ProgramServicesAmt |
| Management And General | $636 | ManagementAndGeneralAmt |
| Fundraising | $1,272 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,001 | TotalAmt |
| Program Services | $400 | ProgramServicesAmt |
| Management And General | $1,201 | ManagementAndGeneralAmt |
| Fundraising | $400 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MEETING EXPENSE | $15,164 | $12,132 | $1,516 | $1,516 |
| EVENT EXPENSE | $9,865 | $9,865 | ||
| PROGRAM SUPPLIES | $8,143 | $8,143 | ||
| TELEPHONE EXPENSE | $1,000 | $200 | $400 | $400 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $555,648 | TotalAmt |
| Program Services | $496,889 | ProgramServicesAmt |
| Management And General | $28,253 | ManagementAndGeneralAmt |
| Fundraising | $30,506 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $210,711 | BOYAmt |
| EOY | $479,949 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $90,500 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,845 | BOYAmt |
| EOY | $400 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $20,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $293 | BOYAmt |
| EOY | $10,331 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $293,849 | BOYAmt |
| EOY | $601,180 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,660 | BOYAmt |
| EOY | $8,216 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,660 | BOYAmt |
| EOY | $8,216 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $292,189 | BOYAmt |
| EOY | $218,614 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $374,350 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $292,189 | BOYAmt |
| EOY | $592,964 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $293,849 | BOYAmt |
| EOY | $601,180 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $300,779 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$4 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $26,362 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $638,904 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $840,530 | CurrentTaxYearAmt |
| Total | $1,505,796 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $26,362 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $638,904 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $840,530 | CurrentTaxYearAmt |
| Total | $1,505,796 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $1,505,796 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $38 | CurrentTaxYearAmt |
| Total | $38 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,505,834 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $148,682 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 1.00000 | PublicSupportCY170Pct |
| Public Support PY170 | 1.00000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $644,922 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $329,752 | OtherRevenueAmt |
| Revenue Not Reported | $329,752 | RevenueNotReportedAmt |
| Revenue Subtotal | $315,170 | RevenueSubtotalAmt |
| Other Revenues Not Included | $541,257 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $541,257 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $856,427 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $555,648 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $555,648 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $555,648 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED DECEMBER 31, 2019, THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME AND, ACCORDINGLY, NO UNRELATED BUSINESS INCOME TAX. THE ORGANIZATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE REGULATORY AUTHORITIES, AND AS OF DECEMBER 31, 2019, THE ORGANIZATION'S FEDERAL TAX RETURNS REMAIN OPEN TO EXAMINATION FOR THE LAST THREE (3) YEARS. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | RELEASED RESTRICTIONS 329,752 |
| SCHEDULE D, PAGE 4, PART XI, LINE 4B | RESTRICTED CONTRIBUTIONS 2019 541,257 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (20 entries)
| Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|
| ASIAN AMERICANS ADVANCING JUSTICE | |||||
| $50,500 | CIVIC PARTICIPATION | ||||
| CLILA | |||||
| $19,353 | CIVIC PARTICIPATION | ||||
| CORNERS OUTREACH | |||||
| $7,500 | CIVIC PARTICIPATION | ||||
| ECONOMIC JUSTICE COALITION | |||||
| $24,100 | CIVIC PARTICIPATION | ||||
| EL REFUGIO | |||||
| $17,500 | CIVIC PARTICPATION | PO BOX 3996 | DECATUR | GA | 30031 |
| FEMINIST WOMEN'S HEALTH CENTER | |||||
| $15,209 | 2020 CENSUS | 1924 CLIFF VALLEY WAY NE | ATLANTA | GA | 30329 |
| FREEDOM U | |||||
| $5,500 | CIVIC PART/EDUCATION | ||||
| GALEO LATINO COMMUNITY DEVELOPMENT | |||||
| $10,000 | 2020 CENSUS | PO BOX 29506 | ATLANTA | GA | 30359 |
| GEORGIA HISPANIC CHAMBER | |||||
| $8,500 | |||||
| GEORGIA MUSLIM VOTER PROJECT | |||||
| $10,000 | CIVIC PARTICIPATION | 2555 FIVE FORKS TRICUM ROAD | LAWERNCEVILLE | GA | 30040 |
| HISPANIC ALLIANCE OF GEORGIA | |||||
| $17,700 | CIVIC PARTICIPATION | PO BOX 1674 | GAINESVILLE | GA | 30503 |
| HISPANIC BUSINESS CENTER | |||||
| $7,500 | CIVIC PARTICIPATION | ||||
| LATIN AMERICAN CHAMBER OF COMMERCE | |||||
| $10,260 | |||||
| REFUGEE WOMEN'S NETWORK | |||||
| $15,000 | CAPACITY BUILDING | 2900 CHAMBLEE TUCKER ROAD BLDG 3 | ATLANTA | GA | 30341 |
| SER FAMILIA | |||||
| $6,000 | 2020 CENSUS | ||||
| SOUTHEAST IMMIGRANT RIGHTS NETWORK | |||||
| $16,000 | LEADERSHIP DEVELOPME | PO BOX 87119 | COLLEGE PARK | GA | 30337 |
| TAHIRIH JUSTICE CENTER | |||||
| $11,000 | LEGAL SERVICES | 230 PEACHTREE NW SUTIE 1960 | ATLANTA | GA | 30303 |
| U LEAD ATHENS | |||||
| $22,700 | LEADERSHIP/EDUCATION | 130 HOPE AVENUE | ATHENS | GA | 30606 |
| VECINOS OF BUFORD HIGHWAY | |||||
| $32,275 | 2020 CENSUS CIVIC PA | PO BOX 48046 | ATLANTA | GA | 30362 |
| WOMEN WATCH AFRIKA | |||||
| $17,500 | LEADERSHIP DEVELOPME | PO BOX 208 | AVONDALE ESTATES | GA | 30002 |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| DIRECT FINANCIAL SUPPORT | 17 | $10,512 |
| DISASTER RELIEF | $1,891 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DUE FROM OFFICER | PersonNm |
| Relationship With Org | EXECUTIVE DIRECTOR | RelationshipWithOrgTxt |
| Loan Purpose | BONUS | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $20,000 | OriginalPrincipalAmt |
| Balance Due | $20,000 | BalanceDueAmt |
| Default | false | DefaultInd |
| Board Or Committee Approval | Yes (true) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (true) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $20,000 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | LATINO COMMUNITY FUND (LCF GEORGIA) SUPPORTS LATINO-SERVING NONPROFITS IN GEORGIA WITH ADVOCACY, PROGRAM DEVELOPMENT, TECHNICAL ASSISTANCE AND GRANT MAKING. WE FOLLOW A FEDERATED MODEL. OUR MEMBER AGENCIES ARE LATINO-LED OR GOVERNED AND MAJORITY LATINO-SERVING COMMUNITY ORGANIZATIONS. OUR MISSION IS TO BE A CATALYST FOR INVESTMENT, COLLABORATIVE WORK, AND POSITIVE NARRATIVE WITH AND WITHIN THE LATINX/HISPANIC COMMUNITY IN GEORGIA |
| FORM 990, PAGE 2, PART III, LINE 4A | WE AMPLIFY OUR VOICE AND DRIVE POSITIVE NARRATIVES THROUGH ADVOCACY AND COMMUNITY BUILDING. WE HELP PLACE INDIVIDUALS IN BOARDS, PUBLISH AND DISTRIBUTE STORIES FOCUSED ON CONTRIBUTIONS AND OPPORTUNITIES. WE CONSOLIDATE VITAL RESOURCES AND INFORMATION ON CURRENT SERVICES AND PROGRAMS AND ADVANCE KNOWLEDGE OF OUR COMMUNITY THROUGH DATA AND RESEARCH. WE BUILD CAPACITY IN LATINO-SERVING NONPROFITS BY DEVELOPING PROGRAMS AND PROVIDING LOW-FEE OR FREE TECHNICAL ASSISTANCE IN THE AREAS OF DEVELOPMENT AND FUNDRAISING STRATEGIES, MEETING PLANNING, CONTRACT NEGOTIATING, GRANTS WRITING, MEETING FACILITATION, COMMUNICATIONS, STORYTELLING, COALITION BUILDING AND ADVOCACY TRAINING. WE INVEST IN OUR COMMUNITY WORKING WITH CORPORATIONS, FOUNDATIONS, FAMILIES, AND INDIVIDUALS TO ALLOCATE INVESTMENTS ACCORDING TO STRATEGIC PRIORITIES IN EFFECTIVE, EFFICIENT AND IMPACTFUL PROGRAMMING AND ORGANIZATIONS. WE ARE COLLABORATIVE GRANTMAKERS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE EXECUTIVE COMMITTEE REVIEWS THE RETURN BEFORE FILING |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE CONFLICE POLICY IS SIGNED EVERY YEAR BY MEMBERS OF THE BOARD. BEFORE VOTES ARE TAKEN IN A BOARD MEETING, THE CHAIR ASKS OF ANY CHANGES OR UPDATES THAT MAY CREATE A CONFLICT WITH BOARD MEMBERS WHEN TAKING VOTES. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD REVIEWS PERFORMANCE BASED ON KEY INDICATORS, THE EXECUTIVE COMMITTEE CONFERS AND MAKES A RECOMMENDATION FOR THE BOARD TO BE DISCUSSED AND APPROVED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| FORM 990, PART XI, LINE 9 | ROUNDING |
Comments