Skip to content
Nonprofiteer
← VOTO LATINO FOUNDATION INC

Form 990 for tax year 2022

Filed by VOTO LATINO FOUNDATION INC.

Totals

Total revenue
$8,180,985
Total expenses
$5,425,245
Contributions and grants received
$8,167,307
Grants paid
$0
Program service revenue
$0
Investment income
$13,678
Other revenue
$0
Total assets, end of year
$6,449,831
Total liabilities, end of year
$975,041
Net assets or fund balances, end of year
$5,474,790
Program services expenses (Part IX)
$3,843,273
Management and general expenses
$932,611
Fundraising expenses
$649,361
Program service expenses (Part III)
$3,843,273

Program services were 70.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $8,167,307

  • 3 · Investment income

    total $13,678 · excluded $13,678

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $245,000 · program services $105,000 · management and general $56,581 · fundraising $83,419

  • 7 · Other salaries and wages

    total $657,690 · program services $257,764 · management and general $399,926

  • 9 · Other employee benefits

    total $59,311 · program services $14,356 · management and general $40,809 · fundraising $4,146

  • 10 · Payroll taxes

    total $56,535 · program services $14,706 · management and general $38,212 · fundraising $3,617

  • 11b · Fees: legal

    total $75,897 · program services $4,590 · management and general $71,307

  • 11c · Fees: accounting

    total $142,526 · program services $46,054 · management and general $81,293 · fundraising $15,179

  • 11e · Fees: professional fundraising services

    total $495,641 · fundraising $495,641

  • 11g · Fees: other

    total $3,293,612 · program services $3,166,848 · management and general $126,764

  • 13 · Office expenses

    total $49,592 · program services $12,954 · management and general $9,354 · fundraising $27,284

  • 14 · Information technology

    total $36,328 · program services $32,536 · management and general $3,792

  • 16 · Occupancy

    total $72,832 · program services $23,534 · management and general $41,542 · fundraising $7,756

  • 17 · Travel

    total $95,843 · program services $89,743 · management and general $3,563 · fundraising $2,537

  • 19 · Conferences, conventions and meetings

    total $76,920 · program services $67,902 · management and general $9,018

  • 22 · Depreciation, depletion and amortization

    total $22,549 · program services $7,286 · management and general $12,862 · fundraising $2,401

  • 23 · Insurance

    total $292 · management and general $292

  • 24a · Other expenses: BOOKS & PUBLICATIONS

    total $38,141 · management and general $30,760 · fundraising $7,381

  • 24b · Other expenses: BANK FEES

    total $6,536 · management and general $6,536

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,290,800 · end of year $3,949,983

  • 3 · Pledges and grants receivable

    beginning of year $80,000 · end of year $1,436,973

  • 4 · Accounts receivable

    beginning of year $141,176 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,532 · end of year $11,612

  • 10a · Land, buildings and equipment: cost or other basis

    $15,872

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,737

  • 10c · Land, buildings and equipment, net

    beginning of year $11,598 · end of year $11,135

  • 12 · Investments: other securities

    beginning of year $891,154 · end of year $1,017,092

  • 14 · Intangible assets

    beginning of year $42,246 · end of year $23,036

  • 17 · Accounts payable and accrued expenses

    beginning of year $407,942 · end of year $889,563

  • 25 · Other liabilities

    beginning of year $83,421 · end of year $85,478

  • 27 · Net assets without donor restrictions

    beginning of year $2,849,643 · end of year $4,182,817

  • 28 · Net assets with donor restrictions

    beginning of year $117,500 · end of year $1,291,973

Mission and programs · 2022

Mission

VOTO LATINO FOUNDATION IS A NONPARTISAN ORGANIZATION THAT EDUCATES AND EMPOWERS A NEW GENERATION OF LATINO VOTERS, ULTIMATELY GUIDING THE LATINO COMMUNITY TOWARDS FULL REALIZATION OF ITS POLITICAL POWER AND CREATING A MORE ROBUST AND INCLUSIVE DEMOCRACY.

Activities or mission (Part I)

VOTO LATINO IS A NONPARTISAN ORGANIZATION THAT EDUCATES AND EMPOWERS A NEW GENERATION OF LATINO VOTERS, ULTIMATELY GUIDING THE LATINO COMMUNITY TOWARDS FULL REALIZATION OF ITS POLITICAL POWER AND CREATING A MORE ROBUST AND INCLUSIVE DEMOCRACY.

  • CIVIC ENGAGEMENT: VOTO LATINO FOUNDATION ORGANIZES YEAR-ROUND TO ENERGIZE YOUNG LATINO PEOPLE, AMPLIFY THEIR VOICES, AND WIELD THEIR POWER AT THE BALLOT BOX AND BEYOND. ALTHOUGH VOTO LATINO FOUNDATION IS A DIGITAL-FIRST ORGANIZATION, IT ALSO PRODUCES YEAR-ROUND PROGRAMMING TO INCREASE CIVIC EDUCATION AND ENGAGEMENT IN THE LATINO COMMUNITY.THROUGH VOTER EDUCATION AND REGISTRATION, AND GET OUT THE VOTE EFFORTS, THE FOUNDATION ENCOURAGES ITS AUDIENCE OF YOUNG LATINOS TO MAKE THEIR VOICES HEARD IN THE POLITICAL PROCESS.

    Expenses $2,498,127

  • EVENTS: VOTO LATINO FOUNDATION HELD A SERIES OF EVENTS THROUGHOUT THE YEAR, SCHEDULED STRATEGICALLY TO BUILD MOMENTUM AND START A NATIONAL DIALOGUE ABOUT IMPORTANT ISSUES IN CONGRUENCE WITH VLF'S DIGITAL OUTREACH TO EDUCATE AND MOTIVATE YOUNG LATINO VOTERS TO BE CIVICALLY ENGAGED. THESE EVENTS INCLUDED THE ANNUAL POWER SUMMIT, OUR VOICES, AND SUMMER OF ACTION.

    Expenses $384,327

  • LEADERSHIP DEVELOPMENT: THROUGH LEADERSHIP PROGRAMS SUCH AS THE POWER SUMMIT CONFERENCE, VOTO LATINO FOUNDATION CONNECTS YOUNG LATINOS WITH THOUGHT LEADERS, ELECTED OFFICIALS, AND INDUSTRY EXPERTS TO NETWORK AND PROVIDE THE TOOLS THEY NEED TO BECOME CHANGEMAKERS IN THEIR COMMUNITIES. IN 2022, THE CONFERENCE INCLUDED LEADERSHIP TOPICS SUCH AS UNDERSTANDING FINANCES, CLIMATE CHANGE, GUN VIOLENCE PREVENTION, AND DISABILITY JUSTICE.

    Expenses $768,655

  • VLF IMPACT COUNCIL: IN 2021, VOTO LATINO FOUNDATION LAUNCHED THE VLF IMPACT COUNCIL, A NATIONAL GROUP WITH THE OBJECTIVE OF HARNESSING THE POWER OF MAJOR BRANDS, CELEBRITIES, POLITICIANS, AND INFLUENCERS WITH HUNDREDS OF MILLIONS OF SOCIAL MEDIA FOLLOWERS ACROSS INDUSTRIES AND SECTORS TO EDUCATE, ENGAGE, AND EMPOWER THE LATINO COMMUNITY. THE IMPACT COUNCIL IS COMPOSED OF 267 PARTNERS WHO ACTIVELY PARTICIPATED IN AMPLIFYING AND EXTENDING THE FOUNDATION'S REACH. THE IMPACT COUNCIL CENTERED AROUND FOUR KEY ACTIVATIONS: RISE ABOVE HATE, LATINO HERITAGE MONTH, NATIONAL VOTER REGISTRATION DAY, AND #PLEDGETOVOTE.

    Expenses $192,164

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Maria Teresa Kumar

    PRESIDENT AND CEO

    Total calculated
    $350,731
    From this org
    $0
    From related orgs
    $350,000
    Other
    $731
    Hours/week
    28 + 12 related

    Schedule J breakdown matched by us

    Base
    $0 + $350,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $731 related
    Filer's total
    $0 + $350,731 related
  • Rosario Dawson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brandon Hernandez

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Alfredo Vidal

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Eve O'Toole

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • America Ferrara

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Leo Klemm

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brian Stansbury

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Ingrid Duran

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Maria Ocampo-Departed On 10312022

    EXECUTIVE DIRECTOR

    Total calculated
    $158,340
    From this org
    $0
    From related orgs
    $150,000
    Other
    $8,340
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $150,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $8,340 related
    Filer's total
    $0 + $158,340 related
  • Ameer Patel

    VP OF PROGRAMS

    Total calculated
    $176,125
    From this org
    $0
    From related orgs
    $164,250
    Other
    $11,875
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $156,250 related
    Bonus
    $0 + $8,000 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $11,875 related
    Filer's total
    $0 + $176,125 related
  • Norberto Briceno

    SOCIAL MEDIA DIRECTOR

    Total calculated
    $115,932
    From this org
    $0
    From related orgs
    $108,185
    Other
    $7,747
    Hours/week
    20 + 20 related
  • Kenneth Sandoval

    VP OF CAMPAIGNS

    Total calculated
    $117,473
    From this org
    $0
    From related orgs
    $110,000
    Other
    $7,473
    Hours/week
    28 + 12 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • VOTO LATINO INC

    501 (C) (4) · PROMOTES ISSUES IMPORTANT TO AMERICA'S GROWING LATINO POPULATION · DC · controlled entity

    Directly controlled by VOTO LATINO FOUNDATION INC

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202303199349325740

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.