Latino Community Foundation of Colorado Inc
Nonprofit profile at a glance
- EIN
- 830718126
- IRS 990 coverage
- 2019–2025
- Forms available
- Form 990 2025
- Location
- Denver, CO, USA
- Phone
- 7209237614
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Cultural, Ethnic Awareness
Reported finances
- Revenue
- $5,601,349
- Expenses
- $4,102,266
- Assets
- $20,990,899
- Liabilities
- $1,700,025
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- CARLOS MARTINEZ (President & CEO)
Highest reported compensation
- CARLOS MARTINEZ (President & CEO): $270,036 total reported compensation
- RACHEL GRIEGO (EXECUTIVE VP): $206,038 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
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.
What it reported doing in 2025
LCFC administered the Welcome, Reception, and Integration (WRI) Grant Program in partnership with the Colorado Office of New Americans and the Colorado Department of Labor and Employment. Through this initiative, LCFC awarded $2.11 million to ten community-based organizations providing humanitarian assistance and integration services. The program expanded access to critical services while providing technical assistance and ongoing support to strengthen grantee capacity.The organization launched the second cohort of Adelante Colorado, its flagship two-year leadership and capacity-building initiative for nonprofits. Ten organizations from across Colorado were selected to participate, receiving training and support focused on organizational resilience, governance, leadership development, advocacy readiness, and long-term sustainability.Through Power Together, LCFC partnered with Xcel Energy to engage communities in developing more equitable and accessible energy solutions. The initiative focuses on building trusted community partnerships, improving access to energy efficiency and affordability programs, and ensuring that residents' lived experiences inform future energy policies and program design.LCFC also expanded its leadership in policy and systems change through its work with the Communities Lead Communities Thrive coalition, helping strengthen nonprofit infrastructure and advance equitable public policies for historically underserved communities across Colorado.To improve statewide coordination and inform future investments, LCFC completed the Connecting Communities Across the Americas Mapping Project, documenting the work of immigrant-serving organizations throughout Colorado. The resulting report provides policymakers, funders, and community leaders with valuable data to better understand nonprofit capacity and strengthen coordinated responses to newcomer integration.Finally, LCFC convened more than 300 nonprofit leaders, funders, advocates, and community partners through four statewide Leadership Roundtables, creating space for peer learning, strategic dialogue, and practical guidance on the evolving challenges facing C
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 60% for direct work, and 40% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 75
- Accountability: 95
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.2%; rating input score 61
- Program expense ratio: 76.1%; rating input score 76
- Fundraising efficiency: $11.04 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 75th 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; 63rd 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: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 26.8%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 5.12; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 11.6%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 27.9% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 14.6% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 18.8% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 61.2% of revenue deployed · 76.1% of spending went to programs
- Governance: 13 of 13 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.1M in reported program spending
- Leadership: top reported pay $270K · 15 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $345K reported
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors, grants, and executive pay
- Filing history: 6 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: 20 filed money-flow records
- Related organizations: 18 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 29/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.