ADVANCED LEADERSHIP FOUNDATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
ADVANCED LEADERSHIP FOUNDATION INC (EIN 46-5052397)
Tax period
2020-01-01 to 2020-12-31
Filed
2022-01-20
IRS object ID
202200209349300305
Schema version
2020v4.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-01-20T08:08:59-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465052397EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ADVANCE LEADERSHIP FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% JUAN VERDEInCareOfNm
Business Name ControlADVABusinessNameControlTxt
Phone2023612606PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1266 CALLE DE NORZAGARAYAddressLine1Txt
CitySAN JUANCityNm
State AbbreviationPRStateAbbreviationCd
ZIP00901ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJUAN VERDEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2023612606PhoneNum
Signature2022-01-20SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJUANPersonFirstNm
Person LastVERDEPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJUAN VERDEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1266 CALLE DE NORZAGARAYAddressLine1Txt
CitySAN JUANCityNm
State AbbreviationPRStateAbbreviationCd
ZIP00926ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$351,638GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StatePRLegalDomicileStateCd
Activity Or MissionEDUCATION TRAINING AND DEVELOPMENT OF FUTURE BUSINESS SOCIAL AND POLITICAL LEADERSActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,110,162PYContributionsGrantsAmt
CY Contributions Grants$351,638CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,110,162PYTotalRevenueAmt
CY Total Revenue$351,638CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,223,181PYOtherExpensesAmt
CY Other Expenses$243,977CYOtherExpensesAmt
PY Total Expenses$1,223,181PYTotalExpensesAmt
CY Total Expenses$243,977CYTotalExpensesAmt
PY Revenues Less Expenses-$113,019PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$107,661CYRevenuesLessExpensesAmt
Total Assets BOY$206,790TotalAssetsBOYAmt
Total Assets EOY$101,722TotalAssetsEOYAmt
Total Liabilities BOY$1,246,666TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,033,938TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$1,039,876NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$932,216NetAssetsOrFundBalancesEOYAmt
MissionSEE SCHEDULE OMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$243,977ExpenseAmt
Revenue$351,638RevenueAmt
DescEDUCATION, TRAINING AND DEVELOPMENT OF FUTURE BUSINESS, SOCIAL AND POLITICAL LEADERSDesc
Total Program Service Expenses$243,977TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ADVANCE LEADERSHIP FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2023612606PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1266 CALLE DE NORZAGARAYAddressLine1Txt
CitySAN JUANCityNm
State AbbreviationPRStateAbbreviationCd
ZIP00901ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (2 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JUAN VERDE
PRESIDENT40.00Yes (X)$0$0$0
JORGE BROWN
VICE PRESIDENT40.00Yes (X)$80,000$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$80,000TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$351,638AllOtherContributionsAmt
Total Contributions$351,638TotalContributionsAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$351,638TotalRevenueColumnAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$158,630TotalAmt
Program Services$158,630ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$16,611TotalAmt
Program Services$16,611ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$850TotalAmt
Program Services$850ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$19,231TotalAmt
Program Services$19,231ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$20,204TotalAmt
Program Services$20,204ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescDIRECT COST OF PROGRAMSDesc
Total$28,451TotalAmt
Program Services$28,451ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$243,977TotalAmt
Program Services$243,977ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,384BOYAmt
EOY$21,270EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$150,043BOYAmt
EOY$80,452EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$55,363BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$206,790BOYAmt
EOY$101,722EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,246,666BOYAmt
EOY$1,033,938EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,246,666BOYAmt
EOY$1,033,938EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY-$1,039,876BOYAmt
EOY-$932,216EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$1,039,876BOYAmt
EOY-$932,216EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$206,790BOYAmt
EOY$101,722EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$107,661ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,098,868CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,623,407CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,301,123CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,110,162CurrentTaxYearMinus1YearAmt
Current Tax Year$351,638CurrentTaxYearAmt
Total$8,485,198TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,098,868CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,623,407CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,301,123CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,110,162CurrentTaxYearMinus1YearAmt
Current Tax Year$351,638CurrentTaxYearAmt
Total$8,485,198TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$8,485,198PublicSupportTotal170Amt
Total Support$8,485,198TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Disclosed Org Leg CtrlfalseDisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsfalseDisclosedForCharitablePrpsInd
Written Policy MonitoringfalseWrittenPolicyMonitoringInd
Section170h Rqr StsfdfalseSection170hRqrStsfdInd
Solicited Assets SalefalseSolicitedAssetsSaleInd
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabfalseInclEscrowCustodialAcctLiabInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (18 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part VI Line 11bCOPY OF FILED DOCUMENT WAS DISTRIBUTED TO EACH MEMBER ON THE
Part VI Line 11bORDINARY MONTHLY MEETING
Part VI Line 19DOCUMENTS ARE AVAILABLE TO THE PUBLIC IN THE CORPORATION'S OFFICE
Part VI Line 19UPON REQUEST AND APPOINTMENT
PART I, LINE 1DESCRIPTION OF ORGANIZATION MISSION: THE ADVANCE LEADERSHIP FOUNDATION, INC
PART I, LINE 1IS FORMED EXCLUSIVELY FOR THE EDUCATION, TRAINING AND DEVELOPMENT OF FUTURE
PART I, LINE 1BUSINESS, SOCIAL AND POLITICAL LEADERS BY ORGANIZING AND DEVELOPING,
PART I, LINE 1TRAINGIN, SEMINARS, WORKSHOPS, COURSES AND PROFESSIONAL INTERNSHIPS, AS
PART I, LINE 1WELL AS ORGANIZING CONFERENCES TO PREPARE THE NEW LEADERS OF THE FUTURE.
PART VI, SECTION B, LINE 11FORM 990 IS AVAILABLE TO THE BOARD OF DIRECTORS UPON REQUEST
PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS
PART VI, SECTION C, LINE 19ARE AVAILABLE TO THE BOARD OF DIRECTOS AND THE GENERAL PUBLIC UPON REQUEST.
PART III, LINE 2BY EQUIPING GLOBAL FUTURE LEADERS WITH HANDS ON AND PRAGMATIC EXPERIENCE IN
PART III, LINE 2BUSINESS LEADERSHIP REALM
PART VI, LINE 11BTHE GOVERNING BODY DISCUSS THE FINANCIAL STATEMENT
PART VI, LINE 11BCOPY OF FILED DOCUMNT WA DISTRIBUTED TO EACH MEMBER ON THE ORDINARY MEETING
PART VI, LINE 19DOCUMENTS ARE AVAILABLE TO THE PUBLIC IN THE CORPORATION'S OFFICE
PART VI, LINE 19UPON REQUEST AND APPOINTMENT

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