Overview
What is Latino Community Foundation Of Colorado Inc?
The Latino Community Foundation of Colorado Inc is a state-led philanthropic organization, primarily focused on empowering and advocating for Latino communities in Colorado. Their mission involves collaborating with diverse communities to create culturally responsive strategies that foster influence, equity, and opportunity for all Latino Coloradans. The foundation operates through various programs and initiatives, such as Adelante Colorado, which supports and empowers Latino-led and serving nonprofits. Adelante Colorado has distributed funds to partner organizations for capacity building and strategic planning, helping them engage executive coaches, hire new staff, and develop strategic plans. Additionally, the foundation facilitates community-led planning processes, like the one for the Soul Players of the Valley, and manages a coalition to distribute resources to nonprofits of color and LGBTQ+ organizations, all aimed at strengthening local communities disproportionately impacted by the pandemic. The foundation has a total of 11 employees.
Official website here: www.latinocfc.org
What are the reviews and ratings of this charity?
**Rating: 95% (Four-Star out of Four Star Rating from Charity Navigator)**
The Latino Community Foundation Of Colorado Inc has achieved an impressive 95% rating, reflecting strong performance particularly in the areas of Accountability and Finance. With a full score on many criteria, the organization demonstrates robust financial practices, including a high level of board independence and effective oversight. These strengths suggest a commitment to transparency and responsible financial management, crucial for donor confidence.
However, it's important to note that some areas such as Leadership & Adaptability, Culture & Community, and Impact & Measurement lack sufficient data for scoring. This may indicate a potential gap in demonstrating the organization’s overall effectiveness and community engagement, which are essential for a comprehensive evaluation of long-term impact.
As of now, there are no user reviews available on GreatNonprofits to provide additional insights or personal experiences related to the organization. The absence of these perspectives means relying solely on the strong financial metrics to gauge the nonprofit's overall performance and community effect.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Latino Community Foundation Of Colorado Inc?
100% of 6 reviewers on Facebook recommend the Latino Community Foundation Of Colorado Inc. Here is a summary of their reviews:
The overall sentiment is overwhelmingly positive, with users highlighting the foundation's commitment to community investment and leadership development. Reviewers appreciate how the organization uplifts individuals and contributes to making Colorado a more inclusive and vibrant state for everyone.
Overall, the Latino Community Foundation is seen as an impactful organization that truly delivers on its promises to enhance the community and empower its residents.
This AI summary has been generated from reviews found on Facebook.
Is Latino Community Foundation Of Colorado Inc legitimate?
Latino Community Foundation Of Colorado Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latino Community Foundation Of Colorado Inc 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: $215,652
Professional Fundraising Fees: $0
Other Salaries and Wages: $460,712
For more financial information, click here
Official website here: www.latinocfc.org
What is the mission statement of Latino Community Foundation Of Colorado Inc?
The Latino Community Foundation of Colorado's mission is centered around working closely with diverse Latino communities to develop culturally responsive strategies. These strategies aim to build influence, promote equity, and create opportunities for all Latinos in Colorado. The foundation's vision envisions a Colorado where Latinos are united and collectively advancing their power, leading to a healthier and more vibrant future for all. The foundation, led by Latinos, pursues civic, economic, and cultural opportunities that contribute to a more authentic representation of Latinos in the state.
Official website here: www.latinocfc.org
Who is the CEO of Latino Community Foundation Of Colorado Inc?
Carlos Martinez is the President & Ceo of Latino Community Foundation Of Colorado Inc. The CEO's salary of Latino Community Foundation Of Colorado Inc is $210,000 and their total compensation is $215,652.
Official website here: www.latinocfc.org
What is the revenue of Latino Community Foundation Of Colorado Inc?
Latino Community Foundation Of Colorado Inc's revenue in 2022 was $8,410,077.
Official website here: www.latinocfc.org
Who are the executives of Latino Community Foundation Of Colorado Inc and what are their salaries?
The average compensation at Latino Community Foundation Of Colorado Inc during 2022 was $61,488. There are 11 employees and 31 volunteers at Latino Community Foundation Of Colorado Inc.
Here are 12 key members and their salaries (Latino Community Foundation Of Colorado Inc's CEO's salary is $210,000 and their total compensation is $215,652):
- Compensation: $210,000
- Related: $0
- Other: $5,652
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- Other: $0
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- Other: $0
Official website here: www.latinocfc.org
Where can I find the form 990 for Latino Community Foundation Of Colorado Inc?
Latino Community Foundation Of Colorado Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.latinocfc.org
Learn more at the official website: www.latinocfc.org
Mission Statement of Latino Community Foundation Of Colorado Inc
The Latino Community Foundation of Colorado Inc is a philanthropic organization led by Latinos, dedicated to the betterment of their community. Their mission is to collaborate with diverse communities to develop culturally responsive strategies that foster influence, equity, and opportunities for all Latino Coloradans. The foundation aims to create a narrative about Latinos in the state that is more authentic, ultimately leading to a prosperous future where every Latino Coloradan can advance their collective power. The vision of the Latino Community Foundation of Colorado Inc is a Colorado where Latinos are united, leveraging their collective strength to build a healthier and more vibrant future.
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Impact
July, 2024
The impact of the Latino Community Foundation Of Colorado Inc is significant, as it works hand in hand with diverse communities in Colorado to create culturally responsive strategies that build influence, equity, and opportunity for all Latino Coloradans. Through initiatives like Adelante Colorado, which provides capacity-building support to Latino-led nonprofits and leaders, the foundation has distributed over $600,000 to partner organizations for organizational growth and strategic planning.
Additionally, through Regional Community Investments in the San Luis Valley, the foundation empowers community leaders to drive positive change by supporting economic recovery plans and initiatives tailored to the specific needs of each community. The foundation's commitment to uplifting nonprofits of color and LGBTQ+ organizations through the Communities Lead, Communities Thrive Coalition has also resulted in $35 million earmarked for a fund to support these organizations in providing vital services to underserved communities.
Overall, the Latino Community Foundation Of Colorado Inc's efforts are creating a more authentic narrative about Latinos in the state, fostering a healthier and more vibrant future where Latino Coloradans can thrive and advance their collective power.
This information is meant to be a general summary of Latino Community Foundation Of Colorado Inc. 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: $7,148
- Program Service Revenue: $55,000
- Gross Receipts: $8,410,077
Assets and Liabilities:
- Total Assets: $13,656,884
- Total Liabilities: $1,092,064
- Net Assets: $12,564,820
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE
Revenue
$55,000
Organization Details
Founding Year
2019
Phone
(720) 923-7614Principal Officer
Carlos Martinez
Main Address
2250 S ONEIDA STREET SUITE 102, DENVER, CO, 80224
Website
www.latinocfc.orgNTEE Category
Code: A23 - Arts
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