Los Cabos Children's Foundation

EIN: 202882711 501(c)(3) Human Services

Eagan, MN

Total Revenue
$3,833,550
Total Expenses
$1,683,889
Total Assets
$4,019,204
Net Assets
$3,925,261
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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
SD
Phone
6517897660
Tax Period
2022-07-01 to 2023-06-30

Los Cabos Children's Foundation, founded in 2005, is a community nonprofit in the Human Services sector that reported $3.8M in total revenue in fiscal year 2022. Revenue surged 108% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 56% operating margin.

Mission

Promote, strengthen and advance programs that have a focus on health and wellness for children and youth in Baja California Sur.

Program Service Accomplishments

Program 1
Expenses: $638,670

Spirit of Service - Our Spirit of Service was born in 2006. Since its foundation, LCCF has worked hand in hand with other nonprofits to improve the quality of life of children and adolescents in Baja...

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Spirit of Service - Our Spirit of Service was born in 2006. Since its foundation, LCCF has worked hand in hand with other nonprofits to improve the quality of life of children and adolescents in Baja California sur. In this spirit is where we group the organizations that address health issues such as general health, disabilities, and mental health. Since 2016, when we structured and opened our grant making process, we have been able to multiply the number of programs supported in this spirit, as well as work on new health issues. The mental and social health of children and adolescents became important areas of focus. We supported programs that work on the promotion of a healthy lifestyle that prevents obesity and addictions and that built psychological programs for children at risk and under state protection. In 2018, we strengthened our knowledge of the existing needs in our southern Baja communities, by supporting a health diagnosis that we plan to expand. During the 2022-2023 period, the spirit of service served 5,152 children with 152,490 services.

Program 2
Expenses: $368,709

Spirit of Hope - Our Spirit of Hope was born in 2013 with the creation of the pediatric intensive care unit (PICU) as a requirement to achieve the accreditation of the pediatric hematology-oncology...

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Spirit of Hope - Our Spirit of Hope was born in 2013 with the creation of the pediatric intensive care unit (PICU) as a requirement to achieve the accreditation of the pediatric hematology-oncology unit of Salvatierra Hospital. The creation of the PICU also allowed the possibility to perform open-heart surgeries on children and adolescents because the specialized and quality post-op care was now available. In time, the PICU raised the quality of care in the whole pediatrics area of Salvatierra Hospital. We later included the support to other programs through this spirit, such as the neonatal intensive care unit, where critically ill newborns are cared for, and the pediatric subspecialty residency program, which through the proper training of the residents, raises the quality and availability of pediatric care in Baja California sur. During the 2022 - 2023 period, the Spirit of Hope served 2,470 children with 4,440 services.

Program 3
Expenses: $214,266

Spirit of Love - Our Spirit of Love was born in 2004 as the second cause served by LCCF and with the purpose of providing permanent care to children and adolescents with congenital heart defects in...

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Spirit of Love - Our Spirit of Love was born in 2004 as the second cause served by LCCF and with the purpose of providing permanent care to children and adolescents with congenital heart defects in Baja California sur. Since then, Omaha Children's Hospital & Medical Center took care of the southern Baja children who needed heart surgery. Nine years after and until 2017, the Omaha team came twice a year for surgical rounds in the facilities of Salvatierra Hospital. A nonprofit was formed specifically for mentoring and training the entire local team involved in the program, both in Omaha and La Paz. In 2017, the state pediatric cardiology program achieved accreditation from the federal government to receive funding. Thanks to this, today it is possible to diagnose, treat and perform corrective procedures throughout the year to children in the state with this health condition through the local team of doctors and nurses. During the 2022-2023 period, the Spirit of Love served 417 children with 2,282 services.

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Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $4,048,580
Program Service Revenue $0
Investment Income $79,299
Other Revenue $-294,329
TOTAL REVENUE $3,833,550

Expense Breakdown

Grants Paid $875,609
Salaries & Benefits $379,675
Fundraising Expenses $170,907
Program Expenses $1,407,280
Other Expenses $428,605
TOTAL EXPENSES $1,683,889

Year-over-Year Comparison

2022 2021 Change
Revenue $3,833,550 $1,843,791 +1.1%
Expenses $1,683,889 $1,410,018 +0.2%
Net Income $2,149,661 $433,773 +4.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
74

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$98,801
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Treasurer 0.5
Officer Director
$0 $0 $0
N/A Chair (part year) / Vice Chair 0.5
Officer Director
$0 $0 $0
N/A Member (part year)/Secretary 0.5
Officer Director
$0 $0 $0
N/A Vice chair (part year)/Member 0.5
Officer Director
$0 $0 $0
N/A Member (part year)/Chair 1.0
Officer Director
$0 $0 $0
N/A Member 0.5
Director
$0 $0 $0
N/A Member 0.5
Director
$0 $0 $0
N/A Member 0.5
Director
$0 $0 $0
N/A Member 0.5
Director
$0 $0 $0
N/A Member 0.5
Director
$0 $0 $0
N/A Member (part year) 0.5
Director
$0 $0 $0
N/A Member 0.5
Director
$0 $0 $0
N/A Member 0.5
Director
$0 $0 $0
N/A Member 0.5
Director
$0 $0 $0
N/A Executive Director 40.0
Officer
$98,801 $0 $98,801
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,833,550 $1,683,889 $4,019,204 $2,149,661
2022 $1,843,791 $1,410,018 $1,912,261 $433,773
2021 $1,409,868 $1,915,451 $1,602,405 $-505,583
2020 $2,837,117 $2,807,715 $2,068,436 $29,402
2019 $1,029,018 $1,671,543 $2,043,176 $-642,525
2018 $1,923,726 $1,326,098 $2,637,873 $597,628
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