Overview
What is La Cocina?
La Cocina is a nonprofit organization situated in San Francisco, California. Their primary mission is to support low-income and immigrant entrepreneurs by offering them affordable commercial kitchen space and providing hands-on technical assistance. This aid is designed to help these individuals launch, expand, and formalize their food businesses. In addition to this, La Cocina presents market opportunities for these entrepreneurs through catering, retail product sales, and a food hall within San Francisco. This holistic approach enables these aspiring food business owners to thrive, thereby contributing to their communities and the broader food industry.
Official website here: www.lacocinasf.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% (Four-Star out of Four Stars)**
La Cocina has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With an Accountability & Finance score of 97%, the organization demonstrates effective use of resources, illustrated by an impressive program expense ratio of over 79%. La Cocina benefits from a fully independent board and a robust financial oversight system, indicating a high level of transparency and governance.
The nonprofit focuses on providing affordable commercial kitchen space and technical assistance to low-income and immigrant entrepreneurs, effectively aligning with its mission of fostering financial security through entrepreneurship. Positive feedback on its leadership adaptability emphasizes the organization’s role in supporting various community needs, showing that it is not only proactive in its services but also invested in the professional development of its staff.
However, the organization faces limitations regarding its equity data score, which could suggest areas for improvement in how it measures and communicates equity-related outcomes. Overall, La Cocina appears well-positioned to continue making a significant impact in its community, with plans for extending business services and fortifying sustainability.
**GreatNonprofits User Reviews: Not Available**
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about La Cocina?
88% of 243 reviewers on Facebook recommend La Cocina. Here is a summary of their reviews:
Many individuals praised the exceptional quality of the food, highlighting the talent and professionalism of the staff. The service provided has received positive mentions, indicating that patrons feel well taken care of during their experiences. Overall, it seems that La Cocina has successfully managed to impress its audience with both the culinary skills on display and the overall dining experience.
This AI summary has been generated from reviews found on Facebook.
Is La Cocina legitimate?
La Cocina is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Cocina submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $122,302
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,032,076
For more financial information, click here
Official website here: www.lacocinasf.org
What is the mission statement of La Cocina?
La Cocina, an organization, is dedicated to supporting low-income and immigrant entrepreneurs in their food business endeavors. They offer affordable commercial kitchen space and provide hands-on technical assistance to help these individuals launch, grow, and formalize their businesses. Additionally, La Cocina facilitates market opportunities for these entrepreneurs through catering, retail product sales, and a food hall. In essence, La Cocina's mission is to empower these entrepreneurs, thereby fostering economic growth and cultural diversity within the food industry.
Official website here: www.lacocinasf.org
Who is the CEO of La Cocina?
Laura Ambroseno is the Board Member of La Cocina.
Official website here: www.lacocinasf.org
What is the revenue of La Cocina?
La Cocina's revenue in 2022 was $9,498,623.
Official website here: www.lacocinasf.org
Who are the executives of La Cocina and what are their salaries?
The average compensation at La Cocina during 2022 was $43,088. There are 50 employees and 50 volunteers at La Cocina.
Here are 15 key members and their salaries:
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- Compensation: $122,302
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- Compensation: $78,212
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- Compensation: $99,615
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Official website here: www.lacocinasf.org
Where can I find the form 990 for La Cocina?
La Cocina's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lacocinasf.org
Learn more at the official website: www.lacocinasf.org
Mission Statement of La Cocina
La Cocina, a nonprofit organization, is devoted to providing affordable commercial kitchen space and hands-on technical assistance to low-income and immigrant entrepreneurs. Its mission is to help these entrepreneurs launch, grow, and formalize their food businesses. Beyond offering kitchen facilities, La Cocina also provides access to market opportunities, such as catering, retail product sales, and a food hall, thereby supporting the expansion and success of these businesses. In essence, La Cocina serves as a catalyst for these entrepreneurs, empowering them to turn their culinary dreams into sustainable ventures.
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Impact
July, 2024
La Cocina's impact lies in providing affordable commercial kitchen space and hands-on technical assistance to low-income and immigrant entrepreneurs. By offering these resources, La Cocina empowers individuals to launch, grow, and formalize their food businesses. This support not only helps entrepreneurs achieve their dreams but also contributes to the economic development and diversity of the community. Furthermore, La Cocina's access to market opportunities through catering, retail product sales, and a food hall in San Francisco creates pathways for these entrepreneurs to showcase their talents and thrive in the food industry. Ultimately, La Cocina's work not only benefits the individual entrepreneurs but also enriches the local community by fostering innovation and inclusion.
This information is meant to be a general summary of La Cocina. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,172
- Program Service Revenue: $2,202,623
- Gross Receipts: $9,534,652
Assets and Liabilities:
- Total Assets: $11,848,318
- Total Liabilities: $953,979
- Net Assets: $10,894,339
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD PROGRAM REVENUE
Revenue
$1,825,403
PROGRAM RENTAL FEES
Revenue
$360,209
PROGRAM EVENTS
Revenue
$12,980
INCUBATOR CONSULTING
Revenue
$4,031
Organization Details
Founding Year
2007
Phone
(415) 824-2729Principal Officer
Laura Ambroseno
Main Address
2948 FOLSOM ST, SAN FRANCISCO, CA, 94110
Website
www.lacocinasf.orgNTEE Category
Code: S300 - Community improvement
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