LATINO FAMILY INSTITUTE INC

EIN: 954587747 501(c)(3) Human Services

WEST COVINA, CA

Total Revenue
$1,139,227
Total Expenses
$1,603,479
Total Assets
$730,012
Net Assets
$679,001
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CA
Principal Officer
MARIA QUINTANILLA
Phone
6264720123
Tax Period
2023-01-01 to 2023-12-31

LATINO FAMILY INSTITUTE INC, founded in 1996, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $1.6M exceeded revenue, resulting in a 41% operating deficit.

Mission

LATINO FAMILY INSTITUTE IS AN ADOPTION, FOSTER CARE AND FAMILY SUPPORT AGENCY DEDICATED TO IMPROVING SOCIAL WELFARE CONDITIONS LEADING TO INCREASED FAMILY FUNCTIONING.

Program Service Accomplishments

Program 1
Expenses: $1,122,667

FOSTER CARE PROGRAM: FOSTER PARENTS PROVIDE A SUPPORTIVE AND STABLE ENVIRONMENT FOR CHILDREN TEMPORARILY UNABLE TO LIVE WITH THEIR PARENTS DUE TO FAMILY PROBLEMS. IN MOST CASES, THE FOSTER PARENTS...

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FOSTER CARE PROGRAM: FOSTER PARENTS PROVIDE A SUPPORTIVE AND STABLE ENVIRONMENT FOR CHILDREN TEMPORARILY UNABLE TO LIVE WITH THEIR PARENTS DUE TO FAMILY PROBLEMS. IN MOST CASES, THE FOSTER PARENTS WORK WITH AGENCY STAFF TO REUNITE THE CHILD WITH THEIR BIRTH PARENT(S).FOSTER CARE FAMILIES COME FROM A VARIETY OF BACKGROUNDS. THEY HAVE A COMMITMENT TO OFFER LOVE AND CARE TO A CHILD PLACED IN THEIR HOME. SOME PARENTS HAVE OR DO NOT HAVE CHILDREN; OTHERS ARE SINGLE PARENTS, COUPLES AND GRANDPARENTS. LATINO FAMILY INSTITUTE RUNS THE PROGRAM, TRAINS AND EDUCATES THE FORSTER PARENTS.

Program 2
Expenses: $425,780

IN 2020, THE ORGANIZATION BEGAN THE UNACCOMPANIED ALIEN CHILDREN PROGRAM. THE ORGANIZATION PROVIDES RESIDENTIAL SHELTER AND SERVICES FOR UNACCOMPANIED ALIEN CHILDREN IN COMPLIANCE WITH RESPECTIVE...

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IN 2020, THE ORGANIZATION BEGAN THE UNACCOMPANIED ALIEN CHILDREN PROGRAM. THE ORGANIZATION PROVIDES RESIDENTIAL SHELTER AND SERVICES FOR UNACCOMPANIED ALIEN CHILDREN IN COMPLIANCE WITH RESPECTIVE STATE RESIDENTIAL CARE LICENSING REQUIREMENTS. THE PROGRAM IS FEDERALLY FUNDED BY THE OFFICE OF REFUGEE RESETTLEMENT.

Program 3
Expenses: $27,469

ADOPTION PROGRAM: SINCE 1989, LATINO FAMILY INSTITUTE (LFI) HAS BEEN WORKING WITH INDIVIDUALS AND COUPLES FROM ALL WALKS OF LIFE TO HELP THEM REALIZE THEIR DREAM OF BECOMING A FAMILY WITH...

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ADOPTION PROGRAM: SINCE 1989, LATINO FAMILY INSTITUTE (LFI) HAS BEEN WORKING WITH INDIVIDUALS AND COUPLES FROM ALL WALKS OF LIFE TO HELP THEM REALIZE THEIR DREAM OF BECOMING A FAMILY WITH CHILDREN.LFI OFFERS FULL-SERVICE ADOPTION-RELATED SERVICES FREE OF CHARGE AND IS COMMITTED TO ENSURING THE BEST MATCH FOR EACH FAMILY AND CHILD WE SERVE. IN KEEPING WITH OUR MISSION TO BUILD STRONG, NURTURING FAMILIES, IT IS THE POLICY OF LFI NOT TO EXCLUDE PERSONS FROM CONSIDERATION AS PROSPECTIVE ADOPTIVE PARENTS ON THE BASIS OF THEIR RACE, RELIGION, CULTURAL HERITAGE, PHYSICAL HANDICAPS, SEXUAL ORIENTATION, MARITAL STATUS OR AGE. AT LFI, OUR OVERRIDING CONCERN IS THE TIMELY PLACEMENT OF A CHILD WITH PERMANENT AND NURTURING CARETAKERS THAT ARE SENSITIVE TO CHILDS TRAUMA HISTORY AND THEIR DEVELOPMENTAL, SOCIAL, EMOTIONAL, COGNITIVE, PHYSICAL NEEDS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,053
Program Service Revenue $1,133,174
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,139,227

Expense Breakdown

Grants Paid $0
Salaries & Benefits $858,940
Fundraising Expenses $0
Program Expenses $1,575,916
Other Expenses $744,539
TOTAL EXPENSES $1,603,479

Year-over-Year Comparison

2023 2022 Change
Revenue $1,139,227 $2,831,615 -0.6%
Expenses $1,603,479 $2,949,834 -0.5%
Net Income $-464,252 $-118,219 +2.9%
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
5
Independent Members
4
Employees
23
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
2
$450,692
Total Directors
5
$229,153
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIA L QUINTANILLA CEO 40.00
Officer Director
$229,153 $0 $229,153
WILSON CASTELLON CFO 40.00
Officer
$221,539 $0 $221,539
ENRIQUE MEDINA President 1.00
Director
$0 $0 $0
MARIA A BURWELL Vice President 1.00
Director
$0 $0 $0
CARLOS E RUVALCABA Treasurer 1.00
Director
$0 $0 $0
JAIME CASTEL DE ORO Secretary 1.00
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 No data No data No data No data
2023 $1,139,227 $1,603,479 $730,012 $-464,252
2022 $2,831,615 $2,949,834 $1,250,115 $-118,219
2021 $2,298,088 $2,311,244 $1,351,935 $-13,156
2020 $1,625,579 $1,887,687 $1,496,279 $-262,108
2019 $1,273,017 $1,328,320 $1,620,284 $-55,303
2018 $1,198,542 $1,196,662 $1,646,090 $1,880
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