2023-11-08T09:28:46-08:00 2022-12-31 260701023 Olson Reyes & Sauerwein LLC 5161 E Arapahoe Road Suite 100 Centennial CO 80122 990 2022-01-01 830718126 LATINO COMMUNITY FOUNDATION OF COLORADO INC LATI 7209237614 2250 S ONEIDA STREET SUITE 102 DENVER CO 80224 CARLOS MARTINEZ President & CEO 2023-10-31 true CARLOS MARTINEZ 999009999 true ZACHARY D PIETROCARLO P01858802 3038895981 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z CARLOS MARTINEZ 2250 S ONEIDA STREET SUITE 102 DENVER CO 80224 8410077 false X LATINOCFC.ORG X 2019 CO 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. 11 11 11 31 0 2359292 8347929 15000 55000 20569 7148 0 2394861 8410077 910402 700398 0 788696 795007 0 184119 386535 1122551 2085633 2617956 309228 5792121 7867698 13656884 1072235 1092064 6795463 12564820 THE FOUNDATION IS A STATE-BASED PHILANTHROPIC FOUNDATION - LED BY LATINOS AND FOR LATINOS. THE FOUNDATION PURSUES CIVIC, ECONOMIC, AND CULTURAL OPPORTUNITIES THAT DRIVE A MORE AUTHENTIC NARRATIVE ABOUT LATINOS IN THE STATE AND CEMENT A HEALTH AND VIBRANT FUTURE WHERE ALL LATINO COLORADANS WILL PROPER. 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 LAINOS ARE UNITED AND ADVANCING THEIR COLLECTIVE POWER. false false 2014035 700398 55000 ADELANTE COLORADO: Adelante Colorado is dedicated to building the capacities of Latino-led and serving nonprofits and leaders in Colorado. Through a culturally grounded process, 22 established nonprofit organizations were selected as the members of the three-year Adelante Colorado cohort. In 2022, the Adelante Colorado capacity-building program distributed over $330,000 to 17 partner organizations for phase two of their work that was used to engage executive coaches, hire new staff or increase hours, and develop strategic plans. Internal assessments have helped to identify areas of greatest need and focus capacity-building efforts. These assessments are also useful to plan for the final phase of Adelante funding. An additional $273,320 was distributed to four organizations to begin phase 3 of their capacity building work. Capacity building funds are being used to pay for new and existing staff and support organizational growth.REGIONAL COMMUNITY INVESTMENTS SAN LUIS VALLEY: Guided by the principle that authentic change begins within communities, our Regional Community Investments (RCI) centers community leaders' sovereignty and agency in determining the best pathways for improving the lives of Latinos in their communities. The LCFC provides guided assistance through technical assistance, coaching, mentoring, facilitated conversations, timeline implementation, and training on hard skills. December 2022 marked the end of year one of a 16-month planning process that the LCFC is facilitating/managing for the Soul Players of the Valley that will culminate in four inclusive economic recovery plans for the communities of San Luis, Antonito, Capulin and Alamosa. LCFC has helped secure planning funds to support this community led planning process. Each Soul Players of the Valley community continues to work independently and collectively to formulate individualized plans for their respective communities. Once completed, each community will have a road map for revitalizing their community.COMMUNITIES LEAD, COMMUNITIES THRIVE COALITION: Because nonprofits of color and LGBTQ+ organizations play an important role in delivering social services to those in need and are economic drivers for our communities, the LCFC established the Coalition to help drive financial capacity building resources to these communities. Capacity-building resources for these nonprofits are critical need to increase local nonprofit organizations effectiveness and ability to reach communities struggling to recover from COVID-19. The LCFC management of the Coalition helps to address the needs of these nonprofits so that they can continue to directly assist communities disproportionately impacted by the pandemic. In 2022, the Coalitions was able to have $35 million earmarked for a fund to ensure that the non-profit organizations who serve these communities have the funding necessary to do this important work as a trusted resource for traditionally underserved communities. 2014035 true true false false false false false false false true true false false false true true true false false false false false false false true false false true false true false false false false false false false false false false false false false false false false false true 21 0 true 11 true false false false false false true true false 0 false false false false false false false X 11 11 false false false false false false false true true false false true true true true true false true false false X THE ORGANIZATION 7209237614 2250 S ONEIDA STREET SUITE 102 DENVER CO 80224 CARLOS MARTINEZ President & CEO 40.00 0.00 X 210000 0 5652 GLORIA SCHOCH BOARD MEMBER 2.00 0.00 X 0 0 0 MIDY APONTE Secretary 2.00 0.00 X X 0 0 0 YESENIA ARREOLA BOARD MEMBER 2.00 0.00 X 0 0 0 ERIC ISHIWATA BOARD MEMBER 2.00 0.00 X 0 0 0 DEBORA ORTEGA BOARD MEMBER 2.00 0.00 X 0 0 0 ELAINE TORRES BOARD CHAIR 2.00 0.00 X X 0 0 0 HOLLIE VELASQUEZ HORVATH BOARD MEMBER 2.00 0.00 X 0 0 0 THOMAS BRYAN Treasurer 2.00 0.00 X X 0 0 0 GUILLERMO J LAMBARRI BOARD MEMBER 2.00 0.00 X 0 0 0 SUSANA SALAMUN BOARD MEMBER 2.00 0.00 X 0 0 0 ELSA HOLGUIN BOARD MEMBER 2.00 0.00 X 0 0 0 210000 5652 1 false true false 0 25561 8322368 8347929 CONFERENCE 900099 55000 55000 55000 7148 7148 0 0 0 0 25561 0 0 0 0 8410077 55000 7148 X 700398 700398 0 0 0 215652 129391 60383 25878 0 460712 298404 82291 80017 0 69132 43725 14583 10824 49511 31315 10444 7752 0 0 0 0 0 0 633855 492055 114770 27030 0 68430 43287 14428 10715 54320 29912 17004 7404 0 41721 26388 8801 6532 39011 24674 8229 6108 0 162854 76489 86365 0 0 1327 839 280 208 4903 3101 1034 768 DISCOUNT EXPENSE 106740 106740 TELEPHONE AND INTERNET 5640 3567 1190 883 OTHER PROGRAM EXPENSES 3750 3750 0 2617956 2014035 419802 184119 7171933 10809654 0 430000 2039046 106600 635242 0 0 0 0 3910 3900 28972 27647 2651 1325 0 152604 129840 0 0 37877 7867698 13656884 72235 54187 1000000 1037877 1072235 1092064 X 4024387 2564497 2771076 10000323 6795463 12564820 7867698 13656884 5792121 -22764 X false true X true false X 4153368 3669913 2359292 8347929 18530502 0 0 4153368 3669913 2359292 8347929 18530502 11677887 6852615 7247 15019 20569 7148 49983 0 0 18580485 174942 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 152604 5236305 -22764 5366145 132035 21282 713 152604 117015 15019 132034 98290 11478 7247 117015 0.98000 0.02000 true false false 22343 22343 6629 5304 1325 1325 OPERATING LEASE LIABILITY 37877 REFUNDABLE GRANT ADVANCE 1000000 1037877 X 8387313 -22764 -22764 8410077 8410077 2617956 2617956 2617956 Part V, Line 4: Intended uses of the endowment fund. ENDOWMENT FUNDS WILL BE USED TO SUPPORT THE LONG-TERM NEEDS OF THE ORGANIZATION. Part X : FIN48 Footnote THE FOUNDATION APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF DECEMBER 31, 2022. false LCFC 15TH ANNIVERSARY 25561 25561 25561 25561 true ADELANTE COMMUNITY DEVELOPMEN 7296 MAGNOLIA ST COMMERCE CITY CO 80022 465745662 68000 0 FMV GENERAL OPERATING ADVOCATES AGAINST DOMESTIC AS PO BOX 696 TRINIDAD CO 81082 742285205 7000 0 FMV GENERAL OPERATING BUCU WEST 4200 MORRISON ROAD UNIT 5 DENVER CO 80219 841135942 18750 0 FMV GENERAL OPERATING CENTER FOR COMMUNITY WEALTH B 2900 N DOWNING ST 1B DENVER CO 80205 852257483 22500 0 FMV GENERAL OPERATING CO CHANGEMAKERS COLLECTIVE 12000 E 47TH AVE STE 113A DENVER CO 80239 832846355 14600 0 FMV GENERAL OPERATING COLOR COLORADO ORGANIZATION PO BOX 40991 DENVER CO 80204 841569021 37500 0 FMV GENERAL OPERATING COLORADO CIRCLES FOR CHANGE 439 WEST 9TH AVE DENVER CO 80204 841313846 67820 0 FMV GENERAL OPERATING COLORADO STATEWIDE PARENT COA 7150 HOOKER ST STE B WESTMINSTER CO 80030 742563848 95000 0 FMV GENERAL OPERATING CONEJOS COUNTY CLEAN WATER IN 304 RIVER ST ANTONITO CO 81120 272768961 80000 0 FMV GENERAL OPERATING CULTIVANDO 7190 COLORADO BLVD STE 300 COMMERCE CITY CO 80022 841499624 22500 0 FMV GENERAL OPERATING EL COMITE DE LONGMONT 455 KIMBARK ST LONGMONT CO 80501 840867626 16000 0 FMV GENERAL OPERATING GIRLS INCORPORATED OF METRO D 1499 JULIAN ST DENVER CO 80204 742277668 10000 0 FMV GENERAL OPERATING INSPIRE 9800 JASPER ST COMMERCE CITY CO 80022 464838755 18750 0 FMV GENERAL OPERATING INTEGRATED COMMUNITY PO BOX 880587 STEAMBOAT SPRIN CO 80488 461325467 19178 0 FMV GENERAL OPERATING LATINA SAFEHOUSE INITIATIVE PO BOX 11174 DENVER CO 80211 320298603 22500 0 FMV GENERAL OPERATING LATINO CULTURAL ARTS CENTER 2645 W 7TH AVE DENVER CO 80204 811705392 18700 0 FMV GENERAL OPERATING MOVIMIENTO PODER 1000 S GROVE ST DENVER CO 80219 841426652 25000 0 FMV GENERAL OPERATING MUSEO DE LAS AMERICAS 861 SANTA FE DR DENVER CO 80204 841197230 18500 0 FMV GENERAL OPERATING NETWORK FOR GOOD 655 15TH ST NW STE 650 WASHINGTON DC 20005 680480736 25000 0 FMV GENERAL OPERATING PUEBLO HISPANIC EDUCATION FOU 215 S VICTORIA AVE STE J PUEBLO CO 81003 742498914 18750 0 FMV GENERAL OPERATING TRAILHEAD INSTITUTE 1385 S COLORADO BLVD DENVER CO 80222 841267213 11250 0 FMV GENERAL OPERATING VOCES UNIDAS DE LAS MONTANAS PO BOX 3157 GLENWOOD SPRING CO 81602 850993139 52500 0 FMV GENERAL OPERATING 0 22 Grantmaker's Description of How Grants are Used ALL GRANTS ARE ADMINISTERED THROUGH A GRANT AGREEMENT THAT DETAILS USE OF THE GRANT AND REPORTING REQUIREMENTS AND IS SIGNED BY LCFC AND THE GRANTEE AUTHORIZED REPRESENTATIVE. EVERY GRANT MUST SUBMIT A REPORT. BOTH THE AGREEMENT AND THE REPORTS ARE DONE THROUGH A GRANT PORTAL SOFTWARE TO ENSURE PROPER RECORD KEEPING AND COMPLIANCE. THROUGHOUT THE PERIOD OF AN ACTIVE GRANT, OUR VP OF PHILANTHROPY ALSO CONDUCTS AT LEAST ONE TELEPHONE CHECK-IN. X false false false false false false false false false CARLOS MARTINEZ President & CEO 210000 5652 215652 Form 990, Part VI, Section B, Line 11b THE 990 IS REVIEWED IN DETAIL BY THE EXECUTIVE DIRECTOR, THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, Line 12c OFFICERS AND BOARD MEMBERS ARE EXPECTED TO TAKE INITIATIVES TO SHOW POTENTIAL OR ACTUAL CONFLICTS OF INTEREST AND COMPLETE AND SIGN AN APPROPRIATE FORM. Form 990, Part VI, Section B, Line 15a THE BOARD OF DIRECTORS REVIEW THE PERFORMANCE OF THE EXECUTIVE DIRECTOR ANNUALLY. SALARY FOR THE EXECUTIVE DIRECTOR IS DETERMINED BASED ON SIMILAR SIZED AND TYPE OF ORGANIZATIONS. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REASONABLE REQUEST.