LATHAMCARES COLLEAGUE ASSISTANCE FUND

EIN: 465018518 501(c)(3) Philanthropy & Grantmaking

LOS ANGELES, CA

Total Revenue
$571,614
Total Expenses
$186,882
Total Assets
$843,842
Net Assets
$843,842
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
Principal Officer
FARHAN AZIZ
Phone
7147558268
Tax Period
2025-01-01 to 2025-12-31

LATHAMCARES COLLEAGUE ASSISTANCE FUND, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $572K in total revenue in fiscal year 2025. Revenue surged 2295% from the prior year, signaling strong growth momentum. The organization ran a surplus of $385K, a strong 67% operating margin.

Mission

LATHAMCARES OFFERS SHORT-TERM FINANCIAL RELIEF TO LATHAM & WATKINS LLP COLLEAGUES AND AFFILIATES FACING SIGNIFICANT AND/OR UNFORESEEN HARDSHIPS, SUCH AS MEDICAL EMERGENCIES, NATURAL DISASTERS, OR OTHER CRISES BEYOND THEIR CONTROL.

Program Service Accomplishments

Program 1
Expenses: $142,549

IN 2025, LATHAMCARES ESTABLISHED A RESTRICTED WILDFIRE RELIEF FUND IN RESPONSE TO THE SOUTHERN CALIFORNIA WILDFIRES TO PROVIDE FINANCIAL ASSISTANCE TO AFFECTED COLLEAGUES AND OTHER INDIVIDUALS...

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IN 2025, LATHAMCARES ESTABLISHED A RESTRICTED WILDFIRE RELIEF FUND IN RESPONSE TO THE SOUTHERN CALIFORNIA WILDFIRES TO PROVIDE FINANCIAL ASSISTANCE TO AFFECTED COLLEAGUES AND OTHER INDIVIDUALS CONNECTED TO THE FIRM. FUNDS WERE USED TO SUPPORT THOSE FACING DISPLACEMENT, PROPERTY LOSS, AND RELATED FINANCIAL HARDSHIP, INCLUDING GRANTS FOR ESSENTIAL NEEDS SUCH AS TEMPORARY HOUSING, BASIC SUPPLIES, AND REPAIRS. TO PROVIDE TIMELY RELIEF, GRANTS WERE APPROVED BY THE BOARD THROUGH AN EXPEDITED PROCESS. IN 2025, LATHAMCARES DISTRIBUTED $142,549 IN RESTRICTED GRANTS FOR THIS PURPOSE. ANY REMAINING RESTRICTED FUNDS WERE TRANSFERRED TO THE GENERAL FUND, PER A BOARD RESOLUTION.

Program 2
Expenses: $31,000

LATHAMCARES PROVIDES EMERGENCY FINANCIAL ASSISTANCE TO INDIVIDUALS AFFILIATED WITH LATHAM & WATKINS LLP WHO ARE EXPERIENCING PERSONAL FINANCIAL HARDSHIP DUE TO UNFORESEEN CRISES. IN 2025, LATHAMCARES...

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LATHAMCARES PROVIDES EMERGENCY FINANCIAL ASSISTANCE TO INDIVIDUALS AFFILIATED WITH LATHAM & WATKINS LLP WHO ARE EXPERIENCING PERSONAL FINANCIAL HARDSHIP DUE TO UNFORESEEN CRISES. IN 2025, LATHAMCARES DISTRIBUTED $31,000 TO FOUR INDIVIDUALS FOR THIS PURPOSE.

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Trantor Score

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 (2025)

Revenue Breakdown

Contributions & Grants $571,614
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $571,614

Expense Breakdown

Grants Paid $173,549
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $173,549
Other Expenses $13,333
TOTAL EXPENSES $186,882

Year-over-Year Comparison

2025 2024 Change
Revenue $571,614 $23,863 +23.0%
Expenses $186,882 $24,839 +6.5%
Net Income $384,732 $-976 -395.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WENDY ATROKHOV DIRECTOR, PRESIDENT 2.00
Officer Director
$0 $0 $0
MATT FRITZ DIRECTOR 0.50
Director
$0 $0 $0
FARHAN AZIZ DIRECTOR, CFO 2.00
Director
$0 $0 $0
ANA O'BRIEN DIRECTOR 0.50
Director
$0 $0 $0
SANDRA HERNANDEZ DIRECTOR, VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
CHRISTIAN LIDYARD SECRETARY 2.00
Officer
$0 $0 $0
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
2025 $571,614 $186,882 $843,842 $384,732
2024 $23,863 $24,839 $464,510 $-976
2020 $49,619 $161,039 $531,004 $-111,420
2019 $33,223 $71,796 $641,155 $-38,573
2018 $68,557 $149,761 $676,607 $-81,204
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