Lao Family Community Development Inc

Nonprofit profile at a glance

EIN: 943115164
IRS 990 coverage: 2012–2024
Forms available: Form 990 2024
Location: Oakland, CA, USA
Phone: 5105338850
Rating: 85
Verdict: STRONG
Rating confidence: Standard

Reported finances

Revenue: $23,165,167
Expenses: $29,076,349
Assets: $57,559,835
Liabilities: $54,973,158

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

KATHY CHAO-ROTHBERG (CEO)

Highest reported compensation

KATHY CHAO-ROTHBERG (CEO): $347,459 total reported compensation
MAI T QUACH (DIRECTOR OF PROGRAMS): $196,619 total reported compensation
KHANMALEE RATTANASITH (ACCOUNTING MANAGER): $141,367 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide assistance to refugees, diverse immigrant, and low-income us born population to achieve self-sufficiency. Providing assistance to refugees in adapting to life in the united states and in achieving self-sufficiency by providing education and other opportunities.

What it reported doing in 2024

Employment services: provide career planning, integrating it with ongoing support and counseling to employees/trainees and support the employers, too. Serve as a trusted partner and can be a liaison with the employee and employer. Meet with the employee/trainee to monitor progress and assist with ongoing needs as they continue their employment at the company. Provide job coaching, mentoring and work performance assistance to ensure success and offer integrated, wrap-around, and supportive services to the employee/trainee. Work site supervisors and participants ensure that employability is enhanced and work site expectations are met. Monitor the progress of the employee/trainee and mediate the challenges to ensure continued retention and success and assist employers with developing specific industry training modules through local educational entities and workforce system partners.

Operating model

Revenue model: Grant-funded. 94% of the money available for current operations came from government grants.
Distribution model: Hybrid. The nonprofit split its reported program spending across 79% for direct work, and 21% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

Financial Efficiency: 79
Transparency & Controls: 92
Accountability: 95
Sustainability: 28
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 84.4%; rating input score 84
Program expense ratio: 67.1%; rating input score 67
Fundraising efficiency: $211.4 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings

Transparency & Controls

Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Accountability

Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass

Sustainability

Operating margin: -25.5%; rating input score 4; 4th percentile among comparable filings
Total-asset coverage ratio: 1.98; rating input score 61; 61st percentile among comparable filings
Liabilities to assets ratio: 0.96; rating input score 7; 7th percentile among comparable filings
Officer compensation ratio: 3.2%; rating input score 66; 66th percentile among comparable filings

Growth

Program expense growth: 17.2% per year; rating input score 100; 87th percentile among comparable filings
Revenue growth: 17.7% per year; rating input score 100; 90th percentile among comparable filings
Asset growth: 20.2% per year; rating input score 100; 89th percentile among comparable filings

Details

Where the money goes: 84.4% of revenue deployed · 67.1% of spending went to programs
Governance: 5 of 5 board members independent · 8 of 9 filing controls reported
Programs: 4 filed program accomplishments · $19.5M in reported program spending
Leadership: top reported pay $347K · 10 people listed · 4 of 6 pay-setting controls reported
Highest-paid contractors: 2 contractors listed · $883K reported
Consistency: 32 of 32 current checks pass
Schedules: 7 filed schedules · includes major donors, grants, and executive pay
Filing history: 12 filing years from 2012 to 2024
Contacts: How to reach this organization
Money network: 5 filed money-flow records
Related organizations: 4 filed related-organization links
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

High — Sustainability: Operating margin scored 4/100.
Review — Accountability: Governance controls: Audit committee oversight not reported.
High — Sustainability: Liabilities to assets ratio scored 7/100.