LATINO COMMUNITY FOUNDATION OF COLORADO INC

EIN: 830718126 501(c)(3) Arts, Culture & Humanities

DENVER, CO

Total Revenue
$17,409,271
Total Expenses
$15,555,591
Total Assets
$16,953,084
Net Assets
$16,768,657
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CO
Principal Officer
CARLOS MARTINEZ
Phone
7209237614
Tax Period
2024-01-01 to 2024-12-31

LATINO COMMUNITY FOUNDATION OF COLORADO INC, founded in 2019, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $17.4M in total revenue in fiscal year 2024. Revenue surged 285% from the prior year, signaling strong growth momentum. Expenses of $15.6M left a modest 11% surplus.

Mission

THE FOUNDATION'S MISSION IS TO WORK HAND IN HAND WITH OUR DIVERSE COMMUNITIES TO CREATE CULTURALLY RESPONSIVE STRATEGIES THAT BUILD INFLUENCE, EQUITY AND OPPORTUNITY FOR ALL LATINO COLORADANS. THE FOUNDATION'S VISION IS A COLORADO WHERE LATINOS ARE UNITED AND ADVANCING THEIR COLLECTIVE POWER.

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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 (2024)

Revenue Breakdown

Contributions & Grants $14,891,818
Program Service Revenue $1,802,414
Investment Income $715,039
Other Revenue $0
TOTAL REVENUE $17,409,271

Expense Breakdown

Grants Paid $13,208,969
Salaries & Benefits $1,000,717
Fundraising Expenses $298,401
Program Expenses $14,843,426
Other Expenses $1,345,905
TOTAL EXPENSES $15,555,591

Year-over-Year Comparison

2024 2023 Change
Revenue $17,409,271 $4,526,389 +2.8%
Expenses $15,555,591 $3,085,334 +4.0%
Net Income $1,853,680 $1,441,055 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
11
Volunteers
15

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
4
$234,267
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLOS MARTINEZ President & CEO 40.00
Officer
$212,840 $21,427 $234,267
DOMINICK MORENO board member 2.00
Director
$0 $0 $0
YESENIA ARREOLA BOARD MEMBER 2.00
Director
$0 $0 $0
ERIC ISHIWATA BOARD MEMBER 2.00
Director
$0 $0 $0
ELAINE TORRES BOARD MEMBER 2.00
Director
$0 $0 $0
HOLLIE VELASQUEZ HORVATH BOARD MEMBER 2.00
Director
$0 $0 $0
THOMAS BRYAN Treasurer 2.00
Officer Director
$0 $0 $0
GUILLERMO J LAMBARRI Secretary 2.00
Officer Director
$0 $0 $0
SUSANA SALAMUN BOARD MEMBER 2.00
Director
$0 $0 $0
ELSA HOLGUIN Chairman 2.00
Officer Director
$0 $0 $0
JUDI DIAZ BONACQUISTI BOARD MEMBER 2.00
Director
$0 $0 $0
LISA LUCERO BOARD MEMBER 2.00
Director
$0 $0 $0
MICHELLE LUCERO BOARD MEMBER 2.00
Director
$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
2024 $17,409,271 $15,555,591 $16,953,084 $1,853,680
2023 $4,526,389 $3,085,334 $14,692,111 $1,441,055
2022 $8,410,077 $2,617,956 $13,656,884 $5,792,121
2021 $2,394,861 $2,085,633 $7,867,698 $309,228
2020 $3,713,432 $2,417,651 $7,692,390 $1,295,781
2019 $4,238,057 $926,052 $5,382,927 $3,312,005
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