Form 990 for tax year 2022
Filed by LAO ASSISTANCE CENTER OF MINNESOTA.
Totals
- Total revenue
- $1,654,748
- Total expenses
- $1,463,853
- Contributions and grants received
- $1,650,355
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $2,810
- Other revenue
- $1,583
- Total assets, end of year
- $588,134
- Total liabilities, end of year
- $91,065
- Net assets or fund balances, end of year
- $497,069
- Program services expenses (Part IX)
- $1,280,328
- Management and general expenses
- $148,684
- Fundraising expenses
- $34,841
- Program service expenses (Part III)
- $1,280,328
Program services were 87.5% 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.
-
1e · Government grants (contributions)
$1,203,055
-
1f · All other contributions, gifts and grants
$447,300
-
3 · Investment income
total $2,810 · unrelated business $0 · excluded $2,810
-
11a · Other revenue: Misc
total $1,583 · related or exempt $1,583 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$1,583
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $638,632 · program services $602,446 · management and general $36,186 · fundraising $0
-
9 · Other employee benefits
total $62,562 · program services $47,923 · management and general $14,639 · fundraising $0
-
10 · Payroll taxes
total $146,379 · program services $131,333 · management and general $15,046 · fundraising $0
-
11a · Fees: management
total $52,129 · program services $15,046 · management and general $37,083 · fundraising $0
-
11e · Fees: professional fundraising services
total $34,841 · fundraising $34,841
-
11g · Fees: other
total $271,138 · program services $270,818 · management and general $320 · fundraising $0
-
12 · Advertising and promotion
total $14,773 · program services $13,973 · management and general $800 · fundraising $0
-
13 · Office expenses
total $9,846 · program services $8,112 · management and general $1,734 · fundraising $0
-
16 · Occupancy
total $35,440 · program services $19,549 · management and general $15,891 · fundraising $0
-
17 · Travel
total $11,938 · program services $8,715 · management and general $3,223 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $1,977 · program services $0 · management and general $1,977 · fundraising $0
-
23 · Insurance
total $6,158 · program services $0 · management and general $6,158 · fundraising $0
-
24a · Other expenses: Events
total $96,498 · program services $93,771 · management and general $2,727 · fundraising $0
-
24b · Other expenses: Client assistance
total $23,178 · program services $22,598 · management and general $580 · fundraising $0
-
24c · Other expenses: Development and recognition
total $31,771 · program services $29,908 · management and general $1,863 · fundraising $0
-
24d · Other expenses: Fees and other
total $1,908 · program services $0 · management and general $1,908 · fundraising $0
-
24e · All other expenses
total $24,685 · program services $16,136 · management and general $8,549 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $133,600 · end of year $87,241
-
3 · Pledges and grants receivable
beginning of year $122,291 · end of year $411,202
-
5 · Loans and receivables from officers and key people
end of year $6,530
-
9 · Prepaid expenses and deferred charges
end of year $7,221
-
10a · Land, buildings and equipment: cost or other basis
$13,837
-
10b · Land, buildings and equipment: accumulated depreciation
$3,953
-
10c · Land, buildings and equipment, net
beginning of year $11,860 · end of year $9,884
-
11 · Investments: publicly traded securities
beginning of year $114,304 · end of year $66,056
-
15 · Other assets
beginning of year $6,341
-
17 · Accounts payable and accrued expenses
beginning of year $64,408 · end of year $91,065
-
25 · Other liabilities
beginning of year $22,875
-
27 · Net assets without donor restrictions
beginning of year $37,111 · end of year $551,105
-
28 · Net assets with donor restrictions
beginning of year $264,002 · end of year -$54,036
Mission and programs · 2022
Mission
The mission of the LAO Assistance Center of Minnesota is to increase the capacity of the the Lao-American population in Minnesota by responding to the community identified needs through developing programs and services that promote the well-being of families and children while retaining their cultural heritage
-
Annual engagement of over 5,000 community members including youth, adults and elders. LACM's comprehensive programs focus on stabilizing families, navigating complex systems, increasing awareness and knowledge, and creating pathways to success. Our initiatives encompass various critical areas, including housing stability, mental health and wellness, COVID-19, cardiovascular health and diabetes, direct assistance (for essential needs such as food security, funeral assistance, benefit application assistance, citizenship guidance), womens health, civic and community engagement, environmental programming and more. Our programming in opioids, tobacco, and gambling focuses on shifting cultural norms and creating healthier habits. All of our programs encompassing awareness campaigns, system navigation, and in-language guidance and support. Annually reaching over 15,000 community members through in-language awareness campaigns on social media and other media outlets, LACM plays a crucial role in disseminating relevant information and resources within the community. By providing culturally sensitive and linguistically appropriate services, LACM significantly contributes to creating a stronger, more resilient, and informed community, empowering individuals to overcome challenges, access vital resources, and achieve personal and collective success.
Expenses $1,280,328
As filed on the 2022 return.
Listed in Part VII
-
Pany Siharath
President
- Total calculated
- $0
- Hours/week
- 3
-
Douangvixay Sithimolada
Vice President
- Total calculated
- $0
- Hours/week
- 3
-
Phouninh Vixayvong
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Todd Littana
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Jeffrey Sisomnuk
Board member
- Total calculated
- $0
- Hours/week
- 3
-
Sunny Chanthanouvong
Executive Director
- Total calculated
- $104,684
- From this org
- $104,684
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 17 June 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421729349301612
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