Local Government Hispanic Network EIN 52-2298063 Form 990 (PDF) Claim this org

Local Government Hispanic Network

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Supports Hispanic/Latino local government administrators and officials through professional development. For fiscal year 2024 it reported $395K in revenue, $417K in expenses, and $208K in net assets.Pt I

Type
Public charity (501(c)(3)) · Public & Societal Benefit
Location
San Jose, CA
Website
lghn.org
Filings
5 on file (2020–2024)
Revenue
$395KFY2024
Expenses
$417K
Net assets
$208K
People
16
Filings
5
Updates
0
More identity details & actions ⌄
EIN  52-2298063 Public charity (501(c)(3)) San Jose, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports Hispanic/Latino local government administrators and officials through professional development.
Leadership
Andrea Alicoate · Director at Large
Money in and out
$395K revenue, $417K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$395K
Pt VIII · Ln 12
Total expenses
$417K
Pt IX · Ln 25
Net assets
$208K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$22K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
7.0mo
months of highly liquid reserves at operating expense rate▼ -45% vs prior filing year
Surplus margin
-6%
revenue over expenses, this year▼ -113% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$395K
FY2024▼ -9%
Expenses
$417K
FY2024▲ +67%
Total assets
$244K
FY2024▼ -8%
Total liabilities
$37K
FY2024▲ +6%
Total revenue
$395K
Pt VIII · Ln 12
Total expenses
$417K
Pt IX · Ln 25
Net assets
$208K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$22K
Total assetsPt X · Ln 16$244K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLocal Government Hispanic Network
EINHdr · item D52-2298063
Principal addressHdr · item CSan Jose, CA
WebsiteHdr · item Jlghn.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W20)
Ruling yearIRS BMFMay 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director at Large
$0Pt VII · Sec A
VP for Membership
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A
Icma Liason
$0Pt VII · Sec A
VP for Professional Develo
$0Pt VII · Sec A
See Local Government Hispanic Network executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $379K of program spending, described in the organization's own filed words · FY2024.
01

Affiliate/Partner Conference Participation

Hosted LGHN annual DINNER/CONFERENCE, affiliates' reception with record attendance and presented at an array of sessions. Developed adn delivered about 26 hours of viral professional development content for members with our chapters, parters and affiliates.

$370Kprogram expense
02

Annual Membership Meeting

Hosted 3 day annual membership meeting and conference. Membership grew from 680 to over 2,000.

$9Kprogram expense
03

Madrinas Y Padrinos Program

46 members participated in the 9-MONTH mentorship program. The program includes a combination of monthly meetings between mentors and mentees along with five 90-MINUTES virtual cohort networking sessions that included thought leadership trainings.

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$175K · 44%
Other revenue$162K · 41%
Contributions & grants$58K · 15%
Program service revenue44%$175K
Other revenue41%$162K
Contributions & grants15%$58K
Total revenueLn 12$395K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$417K
Total functional expensesLn 25$417K

Balance Sheet

Part X · end of year
CashLn 1$244K
Total assetsLn 16$244K
Total liabilitiesLn 26$37K
Total net assetsLn 32$208K
Months of cash on handcomputed7.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $244K · Operating expenses/yr $417K
7.0 months
Where the money goes
Program services
Program services $417K · Total expenses $417K
100%
Management & General
Management & general $0 · Total expenses $417K
0%
Fundraising
Fundraising $0 · Total expenses $417K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $62K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $58K · Total revenue $395K
15%
Government reliance
Government grants — · Total revenue $395K
Earned-income share
Program service revenue $175K · Total revenue $395K
44%
Investment reliance
Investment income $0 · Total revenue $395K
0%
Program self-sufficiency
Program service revenue $175K · Total expenses $417K
42%
Growth & trend
Revenue growth (YoY)
This year $395K · Prior year $433K
-9%
Revenue CAGR
FY2020 $112K · FY2024 $395K
+37%
Net-asset trend (YoY)
End of year $208K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $395K · Expenses $417K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $244K
Net-asset ratio
Net assets $208K · Total assets $244K
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $244K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Andrea Alicoate · Reported title DIRECTOR AT LARGE · Highest reported compensation $0 · Total expenses $417K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $417K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth -9%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$395K revenue · viewing · ⤓ 990 PDF
FY2023$433K revenue · ⤓ 990 PDF
FY2022$193K revenue · ⤓ 990 PDF
FY2021$248K revenue · ⤓ 990 PDF
FY2020$112K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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