Local First Arizona
Local First Arizona
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About this organization
Mission
Local First Arizona (LFA) builds equitable systems for Arizona’s local businesses and communities that create a vibrant, inclusive, and sustainable Arizona economy by strengthening, supporting, and celebrating entrepreneurship, rural and urban community development, racial equity, environmental action, and food access. LFA uses a multi-pronged approach to solve several of Arizona's most critical economic issues. Focused on developing entrepreneurship and supporting Arizona's existing locally owned enterprises, Local First has implemented programs that accelerate job creation, increase self-reliance, and solidify a stronger economy in Arizona that works for all.
About
THE FUERZA LOCAL PROGRAM PROVIDES BUSINESS EDUCATION TO LOW-INCOME, SPANISH-SPEAKING RESIDENTS AND GROWING LATINO BUSINESSES WITHIN SPECIFIC TARGET NEIGHBORHOODS TO SUPPORT NEEDED COMMUNITY BUSINESSES FOOD MARKETS, DAYCARE CENTERS, PLUMBERS, ETC.. ADDITIONALLY, THE PURPOSE EXTENDS TO PROVIDING NEW EMPLOYMENT OPPORTUNITIES FOR RESIDENTS WITHIN THESE TARGET NEIGHBORHOODS SO THEY CAN LIVE-WORK-PLAY WHERE THEIR FAMILIES ALREADY HAVE COMMUNITY TIES. LFAF HAS SERVED 134 MICRO-BUSINESSES IN 2019 WITH BUSINESS DEVELOPMENT WORKSHOPS AND OVER 3,000 COMMUNITY MEMBERS WITH EDUCATION AND OUTREACH RELATED TO BUILDING STRONGER NEIGHBORHOODS BY WORKING WITH THE SMALL BUSINESS OWNERS. THIS YEARS 132 GRADUATES FROM THE FUERZA LOCAL BUSINESS ACCELERATOR PROGRAM HAVE SHOWN THE FOLLOWING MEASURABLE RESULTS 107 NEW WEBSITES 119 FORMED AN LLC WHILE IN THE PROGRAM 128 TOTAL BUSINESSES NOW HAVE LLCS 102 NEW SOCIAL MEDIA PAGES WITH 219,813 FANS 91 FIRST-TIME CHECKING ACCOUNTS 11 FIRST-TIME LOANS APPROVED 109 NEW JOBS CREATED ESTIMATED NEW REVENUE GENERATED POST-GRADUATION 11,322,906.
Interesting data from their 2020 990 filing
The purpose of the non-profit is stated in the filing as “A statewide organization focused on building a more diverse, inclusive and self-reliant economy for communities of all sizes by developing innovative programs that are improving arizonas economic future by driving resources into under-served communities in rural and urban settings.”.
Their activities were defined as: “Local first arizona foundation lfaf provides community and economic development programs and support to the people, businesses, and neighborhoods of communities throughout arizona.”.
- As per legal requirements, the non-profit's state of operation is reported as AZ.
- The non-profit's address in 2020 as per the filing is 407 E ROOSEVELT ST, PHOENIX, AZ, 85004.
- The form of the non-profit organization shows 28 employees as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $8,922.
- The compensation policy for the CEO of the organization is established through an impartial evaluation and endorsement.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 13 independent voting members.
- The organization was formed in 2007.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $676,640 in salary, compensation, and benefits to its employees.
- The organization pays $99,330 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.
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