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California · Nonprofit

MERCADO LA PALOMA INC

MERCADO LA PALOMA INC (California) receives grants from 1 organization whose IRS filings report $2,000 to it, the largest being The James Irvine Foundation ($2,000). 0 of them have funded it in more than one year.

Revenue FY2024
$798k
Funders on record
1
Grants received
$2k
Net assets
$-3783655
0/1 repeat funders
01What it does

What Mercado la Paloma Inc does

Mission

By providing affordable retail opportunities, technical assistance, start-up capital and support, mercado la paloma seeks to create business ownership opportunities and living wage jobs in our community and to offer needed goods, services, and essential services to residents and employees who retain spending in our neighborhood. By hosting art exhibits, music and dance performances, spoken word, film showings and other events mercado la paloma seeks to support and showcase local artists, provide high quality art and cultural opportunities for our community and impart the unique heritage of the areas residents through the non-profit offices and our affordable meeting room that hosts a wide range of community meetings, events and classes. By creating a warm and welcoming gathering space full of guests from all walks of life and open to their ideas and suggestions, mercado la paloma provides opportunities for empowerment, enjoyment and connection strengthening existing social ties and cre

As stated on its FY2024 Form 990.

Program

  1. Operating and maintaining a neighborhood marketplace and office building to serve tenants of seven (7) restaurants, six (6) shops and nine (9) offices as well as a community conference room and day table. Providing tenants with low-cost opportunities to yield services for the low-income community.

    $1,126,671 spent$725,736 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $1,126,671.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($738k) Expenses 100 ($916k)2018 Revenue 107 ($789k) Expenses 108 ($990k)2019 Revenue 109 ($808k) Expenses 110 ($1.0M)2020 Revenue 135 ($997k) Expenses 105 ($964k)2021 Revenue 83 ($614k) Expenses 130 ($1.2M)2022 Revenue 94 ($697k) Expenses 132 ($1.2M)2023 Revenue 99 ($727k) Expenses 125 ($1.1M)2024 Revenue 108 ($798k) Expenses 154 ($1.4M)
'17'18'19'20'21'22'23'24
Revenue (108)Expenses (154)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $6.6M to $6.3M (−5%).

$7.6M
$7.5M
$7.2M
$7.2M
$6.9M
$6.6M
$6.3M
$6.1M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 2%. Grants only. Government contracts and fees sit inside program revenue.

1% of MERCADO LA PALOMA INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 8 reported years ran a deficit.

−$178k
’17
−$201k
’18
−$204k
’19
$33k
’20
−$577k
’21
−$510k
’22
−$419k
’23
−$613k
’24
1.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Takao Suzuki

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed55556555
Joined·+0+0+0+1+0+0+0
No longer listed·0000100
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
total
funders
1

From the IRS filings of MERCADO LA PALOMA INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of MERCADO LA PALOMA INC's grant income comes from California funders.

CA

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MERCADO LA PALOMA INC receives grants from 1 organization whose IRS filings report $2k to it.

Operating margin−77% · bottom quartile
Months of reserve1.1mo · bottom quartile
Revenue growth (annualized)1% · below the median

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like MERCADO LA PALOMA INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 1%Fundraising 1%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 1 related entity

  • Esperanza Community Housing Corporation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for MERCADO LA PALOMA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MERCADO LA PALOMA INC?
MERCADO LA PALOMA INC (California) receives grants from 1 organization whose IRS filings report $2,000 to it, the largest being The James Irvine Foundation ($2,000). 0 of them have funded it in more than one year.
How many funders does MERCADO LA PALOMA INC have?
IRS filings report 1 organization giving $2,000 in grants to MERCADO LA PALOMA INC.
Who is the largest funder of MERCADO LA PALOMA INC?
The James Irvine Foundation is the largest funder on record, with $2,000 in grants. The full list of funders is on this page.
How can an organization like MERCADO LA PALOMA INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing