LAO FAMILY COMMUNITY DEVELOPMENT INC

EIN: 943115164 501(c)(3) Unknown

OAKLAND, CA

Total Revenue
$23,165,167
Total Expenses
$29,076,349
Total Assets
$57,559,835
Net Assets
$2,586,677
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
CA
Principal Officer
KATHY CHAO ROTHBERG
Phone
5105338850
Tax Period
2024-01-01 to 2024-12-31

LAO FAMILY COMMUNITY DEVELOPMENT INC, founded in 1990, is a mid-sized nonprofit in the Unknown sector that reported $23.2M in total revenue in fiscal year 2024. Expenses of $29.1M exceeded revenue, resulting in a 26% operating deficit.

Mission

TO PROVIDE ASSISTANCE TO REFUGEES, DIVERSE IMMIGRANT, AND LOW-INCOME US BORN POPULATION TO ACHIEVE SELF-SUFFICIENCY. PROVIDING ASSISTANCE TO REFUGEES IN ADAPTING TO LIFE IN THE UNITED STATES AND IN ACHIEVING SELF-SUFFICIENCY BY PROVIDING EDUCATION AND OTHER OPPORTUNITIES.

Program Service Accomplishments

Program 1
Expenses: $11,431,411 Revenue: $13,001,553

EMPLOYMENT SERVICES:PROVIDE CAREER PLANNING, INTEGRATING IT WITH ONGOING SUPPORT AND COUNSELING TO EMPLOYEES/TRAINEES AND SUPPORT THE EMPLOYERS, TOO. SERVE AS A TRUSTED PARTNER AND CAN BE A LIAISON...

Read more

EMPLOYMENT SERVICES:PROVIDE CAREER PLANNING, INTEGRATING IT WITH ONGOING SUPPORT AND COUNSELING TO EMPLOYEES/TRAINEES AND SUPPORT THE EMPLOYERS, TOO. SERVE AS A TRUSTED PARTNER AND CAN BE A LIAISON WITH THE EMPLOYEE AND EMPLOYER. MEET WITH THE EMPLOYEE/TRAINEE TO MONITOR PROGRESS AND ASSIST WITH ONGOING NEEDS AS THEY CONTINUE THEIR EMPLOYMENT AT THE COMPANY. PROVIDE JOB COACHING, MENTORING AND WORK PERFORMANCE ASSISTANCE TO ENSURE SUCCESS AND OFFER INTEGRATED, WRAP-AROUND, AND SUPPORTIVE SERVICES TO THE EMPLOYEE/TRAINEE. WORK SITE SUPERVISORS AND PARTICIPANTS ENSURE THAT EMPLOYABILITY IS ENHANCED AND WORK SITE EXPECTATIONS ARE MET. MONITOR THE PROGRESS OF THE EMPLOYEE/TRAINEE AND MEDIATE THE CHALLENGES TO ENSURE CONTINUED RETENTION AND SUCCESS AND ASSIST EMPLOYERS WITH DEVELOPING SPECIFIC INDUSTRY TRAINING MODULES THROUGH LOCAL EDUCATIONAL ENTITIES AND WORKFORCE SYSTEM PARTNERS.

Program 2
Expenses: $6,306,092 Revenue: $6,569,918

FAMILY SUPPORT SERVICES:PROVIDES SERVICES FOR ASSISTING WITH REMOVING BARRIERS TO SECURING INCOME SUPPORT, FEDERAL PUBLIC BENEFITS, EARNED INCOME TAX CREDITS, INCOME TAX REFUNDS, ACCESS TO SECOND...

Read more

FAMILY SUPPORT SERVICES:PROVIDES SERVICES FOR ASSISTING WITH REMOVING BARRIERS TO SECURING INCOME SUPPORT, FEDERAL PUBLIC BENEFITS, EARNED INCOME TAX CREDITS, INCOME TAX REFUNDS, ACCESS TO SECOND CHANCE BANK ACCOUNT PRODUCTS, ACCESSING HOUSING DUE TO BLEMISHED CREDIT AND LESS THAN THE REQUIRED INCOME RATIOS THAT LANDLORDS LOOK FOR, REMOVING OBSTACLES TO ACCESSING HEALTHCARE SERVICE AND INSURANCE, GOOD JOBS WITH CAREER LADDERS AND BENEFITS, SKILLS TRAINING AND EDUCATION PROGRAMS, AND MEETING THEIR BASIC NEEDS THROUGH FREE AND LOW-COST SOURCES FROM CLOTHING, HOUSEHOLD GOODS, FOOD, UTILITY BENEFITS AND TRANSPORTATION SUPPORTS.

Program 3
Expenses: $1,656,350 Revenue: $1,864,666

YOUTH SERVICES:PROVIDES SERVICES FOR YOUTH EMPLOYMENT, SUMMER INTERNSHIPS, AND OTHER PROGRAMS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,893,007
Program Service Revenue $0
Investment Income $333,497
Other Revenue $938,663
TOTAL REVENUE $23,165,167

Expense Breakdown

Grants Paid $4,124,731
Salaries & Benefits $11,865,190
Fundraising Expenses $103,560
Program Expenses $19,496,539
Other Expenses $13,086,428
TOTAL EXPENSES $29,076,349

Year-over-Year Comparison

2024 2023 Change
Revenue $23,165,167 $23,204,497 0.0%
Expenses $29,076,349 $23,335,561 +0.2%
Net Income $-5,911,182 $-131,064 +44.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
596
Volunteers
45

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
5
$929,345
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARPREET SANDHU DIRECTOR 5.00
Director
$0 $0 $0
KOY SAEPHAN DIRECTOR 5.00
Director
$0 $0 $0
RITA XAVIER TREASURER 5.00
Director
$0 $0 $0
FRAMTA SAECHAO SECRETARY 5.00
Director
$0 $0 $0
BRIAN LIBOW BOARD CHAIR 5.00
Director
$0 $0 $0
KATHY CHAO-ROTHBERG CEO 40.00
Officer
$323,959 $23,500 $347,459
MAI T QUACH DIRECTOR OF PROGRAMS 40.00
Officer
$166,133 $30,486 $196,619
KHANMALEE RATTANASITH ACCOUNTING MANAGER 40.00
Officer
$125,867 $15,500 $141,367
KAZOUA HEA DIRECTOR 40.00
Officer
$124,600 $4,800 $129,400
JOHN BEASLEY INTERIM CFO 40.00
Officer
$114,500 $0 $114,500
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 $23,165,167 $29,076,349 $57,559,835 $-5,911,182
2023 $23,204,497 $23,335,561 $62,147,224 $-131,064
2022 $17,375,313 $17,097,100 $57,769,089 $278,213
2021 $12,715,331 $12,207,500 $30,841,682 $507,831
2020 $10,135,473 $9,431,409 $29,099,051 $704,064
2019 $7,904,652 $7,637,162 $26,359,108 $267,490
2018 $8,800,822 $6,877,780 $26,554,129 $1,923,042
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LAO FAMILY COMMUNITY DEVELOPMENT INC with other nonprofits in California and across the country.