LASPAU INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- LASPAU INC (EIN 04-6151880)
- Tax period
- 2023-01-01 to 2023-10-31
- Filed
- 2024-03-07
- IRS object ID
- 202420679349300817
- Schema version
- 2023v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule N
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-03-07T09:23:05-06:00 | ReturnTs |
| Tax Period End | 2023-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AAFCPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 WASHINGTON STREET | AddressLine1Txt |
| City | WESTBOROUGH | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 046151880 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LASPAU INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LASP | BusinessNameControlTxt |
| Phone | 6173120924 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 MOUNT AUBURN STREET 200 | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02138 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHERYL EAGAN-DONOVAN | PersonNm |
| Person Title | ASSOCIATE DIRECTOR OF FINANCE | PersonTitleTxt |
| Phone | 6174950543 | PhoneNum |
| Signature | 2024-02-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHERYL | PersonFirstNm |
| Person Last | EAGAN-DONOVAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS F MULDOON CPA | PreparerPersonNm |
| PTIN | P01561688 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2024-02-29 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Final Return | Yes (X) | FinalReturnInd |
| Principal Officer | ANGELICA NATERA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 MOUNT AUBURN STREET 200 | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02138 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,002,009 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LASPAU.HARVARD.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1964 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | LASPAU CONNECTS INDIVIDUALS AND INSTITUTIONS WITH OPPORTUNITIES TO ENHANCE THE QUALITY AND IMPACT OF HIGHER EDUCATION IN THE AMERICAS. WE SEE OUR WORK AS CRITICAL FOR FOSTERING KNOWLEDGE-BASED, INCLUSIVE SOCIETIES THROUGHOUT THE AMERICAS. | ActivityOrMissionDesc |
| Contract Termination | Yes (X) | ContractTerminationInd |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 29 | TotalEmployeeCnt |
| Total Volunteers | 19 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,995,171 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,449,429 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,772,144 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,908,087 | CYProgramServiceRevenueAmt |
| PY Investment Income | $81,982 | PYInvestmentIncomeAmt |
| CY Investment Income | $211,699 | CYInvestmentIncomeAmt |
| PY Other Revenue | $166,453 | PYOtherRevenueAmt |
| CY Other Revenue | $420,001 | CYOtherRevenueAmt |
| PY Total Revenue | $9,015,750 | PYTotalRevenueAmt |
| CY Total Revenue | $6,989,216 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,894,340 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,449,429 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,556,360 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,819,408 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $967,699 | PYOtherExpensesAmt |
| CY Other Expenses | $1,524,554 | CYOtherExpensesAmt |
| PY Total Expenses | $9,418,399 | PYTotalExpensesAmt |
| CY Total Expenses | $7,793,391 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$402,649 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$804,175 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,089,031 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,337,852 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $751,179 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $0 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | LASPAU CONNECTS INDIVIDUALS AND INSTITUTIONS WITH OPPORTUNITIES TO ENHANCE THE QUALITY AND IMPACT OF HIGHER EDUCATION IN THE AMERICAS. WE SEE OUR WORK AS CRITICAL FOR FOSTERING KNOWLEDGE-BASED, INCLUSIVE SOCIETIES THROUGHOUT THE AMERICAS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Expense | $6,352,320 | ExpenseAmt |
| Grant | $4,449,429 | GrantAmt |
| Revenue | $2,194,292 | RevenueAmt |
| Desc | SCHOLARSHIP PROGRAMS FOR STUDENTS FROM AROUND CENTRAL AND SOUTH AMERICA AND THE CARIBBEAN TO STUDY OUTSIDE THEIR HOME COUNTRY. INCLUDES BUT IS NOT LIMITED TO THE FULBRIGHT PROGRAM, WHICH PROVIDES GRANTS FOR INDIVIDUAL GRADUATE STUDY IN THE UNITED STATES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $237,806 | ExpenseAmt |
| Revenue | $82,146 | RevenueAmt |
| Desc | UNIVERSITY INNOVATION PROGRAMS THAT FOCUS ON IMPROVING THE QUALITY OF HIGHER EDUCATION INSTITUTIONS THROUGH INNOVATION IN LEADERSHIP & GOVERNANCE, TEACHING & LEARNING, AND QUALITY ASSURANCE. THESE PROGRAMS STRENGTHEN THE CAPACITY OF UNIVERSITIES AND HIGHER EDUCATION SYSTEMS TO FULFILL THEIR MISSIONS AND INCREASE THEIR RELEVANCE WITHIN SOCIETY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $149,524 | ExpenseAmt |
| Revenue | $51,650 | RevenueAmt |
| Desc | PAEP TESTING PROGRAM, A STANDARDIZED, SPANISH-LANGUAGE EXAM DESIGNED FOR THE ASSESSMENT OF GRADUATE PROGRAM CANDIDATES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $6,739,650 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | Yes (1) | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 14 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 29 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERYL EAGAN-DONOVAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6173120924 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 MOUNT AUBURN STREET 200 | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02138 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ANGELICA NATERA | ||||||||
| CLERK (AS OF 7/23), EX-OFFICIO, ED | 35.00 | Yes (X) | Yes (X) | $457,820 | $0 | $26,946 | ||
| CHRISTINE NELSON | ||||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LUIS ENRIQUE GARCIA DE BRIGARD | ||||||||
| VICE CHAIR (UNTIL 7/12/23) | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| RODRIGO VERDI | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| FLORIAN BARTUNEK | ||||||||
| TRUSTEE (UNTIL 7/12/23) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PATRICIA GARCIA | ||||||||
| TRUSTEE (UNTIL 7/12/23) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARGOT GILL | ||||||||
| TRUSTEE (UNTIL 7/12/23) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PABLO JARAMILLO | ||||||||
| TRUSTEE (UNTIL 7/12/23) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LYGIA PEREIRA | ||||||||
| TRUSTEE (UNTIL 7/12/23) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| FERNANDO QUEZADA | ||||||||
| TRUSTEE (UNTIL 7/12/23) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| REYES TAMEZ | ||||||||
| TRUSTEE (UNTIL 7/12/23) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CAROLINA TOHA | ||||||||
| TRUSTEE (UNTIL 7/12/23) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD BERNAL | ||||||||
| TRUSTEE (UNTIL 1/4/2023) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GABRIELA SOTO LAVEAGA | ||||||||
| TRUSTEE (UNTIL 7/12/2023) | 1.00 | Yes (X) | $0 | $0 | $0 | 35.00 | ||
| EUGENIA GARDUNO | ||||||||
| DEPUTY DIRECTOR | 35.00 | Yes (X) | $193,930 | $0 | $10,576 | |||
| CHERYL EAGAN-DONOVAN | ||||||||
| ASSOCIATE DIRECTOR OF FINANCE | 35.00 | Yes (X) | $109,721 | $0 | $0 | |||
| ELLEN KRANZER | ||||||||
| MANAGER OF COMPUTER OPS | 35.00 | $432,191 | $0 | $17,404 | Yes (X) | |||
| LISA TAPIERO | ||||||||
| INTERNATIONAL EDUCATOR | 35.00 | $354,740 | $0 | $25,735 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,548,402 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $80,661 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLLAND & KNIGHT LLC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 936937 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31193 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | LEGAL SERVICES | ServicesDesc |
| Compensation | $120,327 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $4,190,087 | GovernmentGrantsAmt |
| All Other Contributions | $259,342 | AllOtherContributionsAmt |
| Total Contributions | $4,449,429 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ADMINISTRATIVE FEES | 561000 | $1,745,060 | $1,745,060 |
| SEMINARS | 611710 | $163,027 | $163,027 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,908,087 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $211,699 | TotalRevenueColumnAmt |
| Exclusion | $211,699 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $70,456 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $12,793 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $57,663 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $57,663 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| REIMBURSEMENTS FROM RE | 900099 | $355,950 | $355,950 |
| OTHER REVENUE | 900099 | $6,388 | $6,388 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $362,338 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,989,216 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,328,088 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $211,699 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $200,000 | TotalAmt |
| Program Services | $200,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,249,429 | TotalAmt |
| Program Services | $4,249,429 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $631,795 | TotalAmt |
| Program Services | $183,068 | ProgramServicesAmt |
| Management And General | $448,727 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $750,428 | TotalAmt |
| Program Services | $749,865 | ProgramServicesAmt |
| Management And General | $563 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $437,185 | TotalAmt |
| Program Services | $322,548 | ProgramServicesAmt |
| Management And General | $114,637 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,498 | TotalAmt |
| Management And General | $114,498 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,450 | TotalAmt |
| Management And General | $43,450 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $303,151 | TotalAmt |
| Program Services | $251,444 | ProgramServicesAmt |
| Management And General | $51,707 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,262 | TotalAmt |
| Program Services | $12,528 | ProgramServicesAmt |
| Management And General | $5,734 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,644 | TotalAmt |
| Program Services | $5,714 | ProgramServicesAmt |
| Management And General | $930 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,474 | TotalAmt |
| Program Services | $46,305 | ProgramServicesAmt |
| Management And General | $22,169 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $385,681 | TotalAmt |
| Program Services | $269,334 | ProgramServicesAmt |
| Management And General | $116,347 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,571 | TotalAmt |
| Program Services | $16,222 | ProgramServicesAmt |
| Management And General | $349 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,420 | TotalAmt |
| Program Services | $18,686 | ProgramServicesAmt |
| Management And General | $7,734 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DISSOLUTION EXPENSES | $441,170 | $317,642 | $123,528 |
| MISCELLANEOUS | $98,483 | $96,865 | $1,618 |
| STAFF TRAINING | $1,750 | $1,750 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,793,391 | TotalAmt |
| Program Services | $6,739,650 | ProgramServicesAmt |
| Management And General | $1,053,741 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $194,068 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,167,869 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $341,956 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,780 | BOYAmt |
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,736 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $679,965 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,420 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $640,237 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,089,031 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $363,327 | BOYAmt |
| EOY | $0 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,063,221 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $911,304 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,337,852 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $264,213 | BOYAmt |
| EOY | $0 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $486,966 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $751,179 | BOYAmt |
| EOY | $0 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,089,031 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$804,175 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $52,996 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,058,456 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,756,099 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,880,011 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,995,171 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,449,429 | CurrentTaxYearAmt |
| Total | $33,139,166 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,926,552 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,200,170 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,981,632 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,014,261 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,340,881 | CurrentTaxYearAmt |
| Total | $15,463,496 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,985,008 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,956,269 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,861,643 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,009,432 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,790,310 | CurrentTaxYearAmt |
| Total | $48,602,662 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $455,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $806,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $72,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $100,000 | CurrentTaxYearMinus1YearAmt |
| Total | $1,433,000 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,236,086 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,667,612 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,568,390 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,019,059 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,291,704 | CurrentTaxYearAmt |
| Total | $9,782,851 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,691,086 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,473,612 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,640,390 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,119,059 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,291,704 | CurrentTaxYearAmt |
| Total | $11,215,851 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $37,386,811 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $246,929 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,511 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $872 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $81,982 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $211,699 | CurrentTaxYearAmt |
| Total | $584,993 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $246,929 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,511 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $872 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $81,982 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $211,699 | CurrentTaxYearAmt |
| Total | $584,993 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,231,937 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,999,780 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,862,515 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,091,414 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,002,009 | CurrentTaxYearAmt |
| Total | $49,187,655 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.76010 | PublicSupportCY509Pct |
| Public Support PY509 | 0.81400 | PublicSupportPY509Pct |
| Investment Income CY | 0.01190 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00970 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III | FormAndLineReferenceDesc |
| Explanation | LASPAU, INC.'S BOARD OF TRUSTEES VOTED TO CEASE OPERATIONS AND DISSOLVE EFFECTIVE OCTOBER 31, 2023, RESULTING IN A SHORT YEAR FILING FOR TAX YEAR 2023. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $7,042,212 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $52,996 | OtherRevenueAmt |
| Revenue Not Reported | $52,996 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,989,216 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,989,216 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,793,391 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $7,793,391 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $7,793,391 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | LASPAU ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. LASPAU HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT OCTOBER 31, 2023. LASPAU'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE JURISDICTIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | WRITE-OFF ACCRUED EXPENSES 52,996. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| CENTRAL AMERICA/CARIBBEAN | 0 | 0 | ADMIN EXPENSE | MISC. EXPENSE | $10,000 |
| SOUTH AMERICA | 0 | 0 | SEMINARS | HONORARIA FOR PRESENTERS, TECH SUPPORT | $9,300 |
| CENTRAL AMERICA/CARIBBEAN | 0 | 0 | LEGAL | LEGAL | $1,600 |
| EUROPE | 0 | 0 | SEMINARS | HONORARIA FOR PRESENTERS, TECH SUPPORT | $1,500 |
| EAST ASIA/PACIFIC | 0 | 0 | COMMUNICATIONS | CAMPAIGN MONITOR - CLIENT OUTREACH | $5,127 |
| NORTH AMERICA | 0 | 0 | MARKETING | MARKETING | $236 |
| SOUTH AMERICA | 0 | 0 | TRANSLATION SERVICES | TRANSLATION SERVICES | $1,904 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $29,667 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $29,667 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | LASPAU'S ACCOUNTING SYSTEM ALLOWS FOR GL LAYERS FOR FUNDER, PROGRAM AND TYPE OF ACTIVITY (PROGRAM, ADMINISTRATIVE, WORKSHOP). IN ADDITION, EACH GRANT RECIPIENT HAS AN APPROVED BUDGET OF EXPENSES THAT WILL BE COVERED BY THE SCHOLARSHIP WHICH IS TRACKED ON A REGULAR BASIS. ALL THIRD PARTY INVOICES ARE SENT TO AND PAID DIRECTLY BY LASPAU. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF ARKANSAS FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 535 W REASERCH CENTER BLVD STE 120 | AddressLine1Txt |
| City | FAYETTEVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 716056774 | RecipientEIN |
| IRC Section | 501(C)3 | IRCSectionDesc |
| Cash Grant | $200,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | LASPAU LEGACY SCHOLARSHIP FUND ENDOWMENT | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS (TUITION, STIPEND, BOOKS, TRAVEL) | GrantTypeTxt |
| Recipient | 448 | RecipientCnt |
| Cash Grant | $4,249,429 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | LASPAU'S ACCOUNTING SYSTEM ALLOWS FOR GL LAYERS FOR FUNDER, PROGRAM AND TYPE OF ACTIVITY (PROGRAM, ADMINISTRATIVE, WORKSHOP). IN ADDITION, EACH GRANT RECIPIENT HAS AN APPROVED BUDGET OF EXPENSES THAT WILL BE COVERED BY THE SCHOLARSHIP WHICH IS TRACKED ON A REGULAR BASIS. ALL THIRD PARTY INVOICES ARE SENT TO AND PAID DIRECTLY BY LASPAU. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ANGELICA NATERA | ||||||||||||||
| CLERK (AS OF 7/23), EX-OFFICIO, ED | $324,667 | $0 | $0 | $0 | $133,153 | $0 | $12,542 | $0 | $14,404 | $0 | $484,766 | $0 | $0 | $0 |
| ELLEN KRANZER | ||||||||||||||
| MANAGER OF COMPUTER OPS | $270,017 | $0 | $0 | $0 | $162,174 | $0 | $7,684 | $0 | $9,720 | $0 | $449,595 | $0 | $0 | $0 |
| LISA TAPIERO | ||||||||||||||
| INTERNATIONAL EDUCATOR | $210,837 | $0 | $12,359 | $0 | $131,544 | $0 | $6,393 | $0 | $19,342 | $0 | $380,475 | $0 | $0 | $0 |
| EUGENIA GARDUNO | ||||||||||||||
| DEPUTY DIRECTOR | $159,885 | $0 | $0 | $0 | $34,045 | $0 | $9,371 | $0 | $1,205 | $0 | $204,506 | $0 | $0 | $0 |
Schedule N IRS990ScheduleN
Liquidation Of Assets Table LiquidationOfAssetsTableGrp
Liquidation Of Assets Detail LiquidationOfAssetsDetail (2 entries)
| Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDesc | DistributionDistributionDt | Fair Market Value Of AssetFairMarketValueOfAssetAmt | Method Of FMV DeterminationMethodOfFMVDeterminationTxt | EINEIN | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | IRC SectionIRCSectionTxt |
|---|---|---|---|---|---|---|---|---|---|
| SIMPLURIS INC | |||||||||
| TRUST FOR FILING FEES, GRANTEE TAX OBLIGATIONS AND OTHER RELATED PAYMENTS | 2023-10-31 | $290,883 | CASH | 208430740 | 3194 AIRPORT LOOP DRIVE SUITE C | COSTA MESA | CA | 92626 | CORPORATION |
| UNIVERSITY OF ARKANSAS | |||||||||
| TO ESTABLISH LASPAU LEGACY FUND | 2023-10-31 | $200,000 | CASH | 716003252 | 535 W RESEARCH CENTER BLVD SUITE 1 | FAYETTEVILLE | AR | 72701 | 501C(3) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor | 0 | DirectorOfSuccessorInd |
| Employee Of Successor | 0 | EmployeeOfSuccessorInd |
| Owner Of Successor | 0 | OwnerOfSuccessorInd |
| Receive Compensation | 0 | ReceiveCompensationInd |
| Assets Distributed | 0 | AssetsDistributedInd |
| Required To Notify AG | 0 | RequiredToNotifyAGInd |
| Attorney General Notified | 0 | AttorneyGeneralNotifiedInd |
| Liabilities Paid | 0 | LiabilitiesPaidInd |
| Bonds Outstanding | 0 | BondsOutstandingInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 3 | THE PAEP TESTING PROGRAM CEASED BY JUNE 30, 2023. ALL PROGRAMS CEASED BY SEPTEMBER 30, 2023, IN ADVANCE OF THE ORGANIZATION'S DISSOLUTION. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE COMPLETE FORM 990 IS REVIEWED BY MANAGEMENT AND IS PROVIDED TO ALL THE BOARD MEMBERS PRIOR TO ITS FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | DURING ALL BOARD MEETINGS, THE QUESTION IS ASKED ALOUD IF THERE IS ANY KNOWN FACT FROM ANY MEMBER OF THE BOARD THAT COULD BE CONSTRUED AS A CONFLICT OF INTEREST. AT THE ANNUAL BOARD MEETING, CONFLICT OF INTEREST FORMS ARE SIGNED AND COLLECTED. THE CLERK OF THE CORPORATION KEEPS THESE FORMS ON FILE. IT IS UNDERSTOOD THAT IF AT ANY OTHER TIME DURING THE YEAR A CONFLICT OF INTEREST ARISES, THE TRUSTEE WILL NOTIFY THE CLERK OF THE CORPORATION. IN THE ABSENCE OF FRAUD, NO CONTRACT OR OTHER TRANSACTION BETWEEN THE ORGANIZATION AND ANY OTHER ENTITY OR PERSON SHALL BE AFFECTED OR INVALIDATED BY THE FACT THAT ANY TRUSTEE OR OFFICER OF THE ORGANIZATION IS PECUNIARILY OR OTHERWISE INTERESTED IN OR IS A DIRECTOR, TRUSTEE, MEMBER, OR OFFICER OF SUCH OTHER ENTITY OR IS A PARTY TO OR IS PECUNIARILY OR OTHERWISE INTERESTED THEREIN; PROVIDED THAT THE FACT THAT HE INDIVIDUALLY OR AS A DIRECTOR, TRUSTEE, MEMBER, OR OFFICER OF SUCH ENTITY IS SUCH A PARTY OR IS SO INTERESTED SHALL BE DISCLOSED TO ALL OR SHALL HAVE BEEN KNOWN BY THE BOARD OF TRUSTEES OR A MAJORITY OR SUCH MEMBERS THEREOF AS SHALL BE PRESENT OR REPRESENTED AT A MEETING OF THE BOARD OF TRUSTEES AT WHICH ACTION UPON SUCH CONTRACT OR TRANSACTION SHALL BE TAKEN; ANY TRUSTEE MAY BE COUNTED IN DETERMINING THE EXISTENCE OF QUORUM AND MAY VOTE AT ANY MEETING OF THE BOARD OF TRUSTEES FOR THE PURPOSE OF AUTHORIZING ANY SUCH CONTRACT OR TRANSACTION WITH LIKE FORCE AND EFFECT AS IF HE WERE NOT SO INTERESTED, OR WERE NOT A DIRECTOR, TRUSTEE, MEMBER, OR OFFICER OR SUCH OTHER ENTITY, PROVIDED THAT ANY VOTE WITH RESPECT TO SUCH CONTRACT OR TRANSACTION MUST BE ADOPTED BY A MAJORITY OF THE TRUSTEES THEN IN OFFICE WHO HAVE NO INTEREST IN SUCH CONTRACT OR TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE CEO'S SALARY IS DETERMINED BY THE BOARD OF DIRECTORS IN CONSULTATION WITH HARVARD UNIVERSITY. HARVARD'S PROCEDURES INCLUDE COMPARING THE ROLE WITH SIMILAR ROLES AT THE UNIVERSITY TO ENSURE PAY EQUITY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. |
| FORM 990, PART XI, LINE 9: | WRITE-OFF ACCRUED EXPENSES 52,996. |
| FORM 990, PART XII, LINE 2C: | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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