LATINO EDUCATION ADVANCEMENT FOUNDATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: LATINO EDUCATION ADVANCEMENT FOUNDATION (EIN 82-3057074)
Tax period: 2020-07-01 to 2021-06-30
Filed: 2022-05-13
IRS object ID: 202231339349308923
Schema version: 2020v4.2
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 L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-05-13T16:20:08-05:00	ReturnTs
Tax Period End	2021-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	450250958	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	EIDE BAILLY LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4040 CAMPBELL AVE STE 200	AddressLine1Txt
City	MENLO PARK	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	940251053	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	823057074	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LATINO EDUCATION ADVANCEMENT FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LATI	BusinessNameControlTxt
Phone	4085855022	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	538 A VALLEY WAY BLDG 3	AddressLine1Txt
City	MILPITAS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95305	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ED ALVAREZ	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	4085855022	PhoneNum
Signature	2022-05-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	ED	PersonFirstNm
Person Last	ALVAREZ	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	HEATHER MAIRE CPA	PreparerPersonNm
PTIN	P00275833	PTIN
Phone	6505223400	PhoneNum
Preparation	2022-05-12	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	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ED ALVAREZ	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	538 A VALLEY WAY BLDG 3	AddressLine1Txt
City	MILPITAS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95305	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$7,951,466	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	HTTPS://WWW.LEAFCA.ORG/	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2019	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	OUR MISSION IS TO SUPPORT SCHOOLS OPERATED BY THE FOUNDATION FOR HISPANIC EDUCATION AND TOADVANCE AND DEVELOP INITIATIVES THAT BENEFIT ALL LOW-INCOME STUDENTS ATTENDING EAST SAN JOSE SCHOOLS.	ActivityOrMissionDesc
Voting Members Governing Body	14	VotingMembersGoverningBodyCnt
Voting Members Independent	13	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	13	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$272,114	PYContributionsGrantsAmt
CY Contributions Grants	$2,219,682	CYContributionsGrantsAmt
PY Program Service Revenue	$3,663,337	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,291,261	CYProgramServiceRevenueAmt
PY Investment Income	$1,436	PYInvestmentIncomeAmt
CY Investment Income	$44,388	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$3,936,887	PYTotalRevenueAmt
CY Total Revenue	$4,555,331	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$108,617	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$24,085	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$4,305,835	PYOtherExpensesAmt
CY Other Expenses	$2,907,146	CYOtherExpensesAmt
PY Total Expenses	$4,414,452	PYTotalExpensesAmt
CY Total Expenses	$2,931,231	CYTotalExpensesAmt
PY Revenues Less Expenses	-$477,565	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,624,100	CYRevenuesLessExpensesAmt
Total Assets BOY	$36,681,923	TotalAssetsBOYAmt
Total Assets EOY	$38,517,995	TotalAssetsEOYAmt
Total Liabilities BOY	$18,092,409	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$17,613,710	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$18,589,514	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$20,904,285	NetAssetsOrFundBalancesEOYAmt
Mission	OUR MISSION IS TO SUPPORT SCHOOLS OPERATED BY THE FOUNDATION FOR HISPANIC EDUCATION AND TO ADVANCE AND DEVELOP INITIATIVES THAT BENEFIT ALL LOW-INCOME STUDENTS ATTENDING EAST SAN JOSE SCHOOLS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$2,282,479	ExpenseAmt
Revenue	$2,291,261	RevenueAmt
Desc	OUR MISSION IS TO SUPPORT SCHOOLS OPERATED BY THE FOUNDATION FOR HISPANIC EDUCATION AND TO ADVANCE AND DEVELOP INITIATIVES THAT BENEFIT ALL LOW-INCOME STUDENTS ATTENDING EAST SAN JOSE SCHOOLS.	Desc
Total Program Service Expenses	$2,282,479	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	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	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	0	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	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	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	Yes (1)	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	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	16	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
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	14	GoverningBodyVotingMembersCnt
Independent Voting Member	13	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	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	CA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ED ALVAREZ	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4085855022	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	538A VALLEY WAY BLDG 3	AddressLine1Txt
City	MILPITAS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95035	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
ED ALVAREZ
CHAIRMAN / CEO	40.00	Yes (X)	Yes (X)	$0	$0	$0
JOHN A SOBRATO
VICE CHAIRMAN	5.00	Yes (X)	Yes (X)	$0	$0	$0
RAY RUIZ
SECRETARY/ TREASURER	5.00	Yes (X)	Yes (X)	$0	$0	$0
RAMON JIMENEZ
TRUSTEE	5.00	Yes (X)		$0	$0	$0
JOSE IGLESIAS
TRUSTEE	5.00	Yes (X)		$0	$0	$0
ARNOLDO AVALOS
TRUSTEE	5.00	Yes (X)		$0	$0	$0
SARAH VALENCIA
TRUSTEE	5.00	Yes (X)		$0	$0	$0
HERNAN BUCHELI
TRUSTEE	5.00	Yes (X)		$0	$0	$0
STEPHANIE R BRAVO
TRUSTEE	5.00	Yes (X)		$0	$0	$0
LENNY ALUGAS
TRUSTEE	5.00	Yes (X)		$0	$0	$0
JOSE PALAFOX
TRUSTEE	5.00	Yes (X)		$0	$0	$0
MICHAEL WALKER
TRUSTEE	5.00	Yes (X)		$0	$0	$0
TED BOJORQUEZ
TRUSTEE	5.00	Yes (X)		$0	$0	$0
JASON RODRIGUEZ
TRUSTEE	5.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
GARDEN CITY CONSTRUCTION
1010 SOUTH FIRST ST	SAN JOSE	CA	95110	GENERAL CONTRACTOR FOR TFHE MULTI-PURPOS	$814,587
ALVAREZ ADVISORY SERVICES
376 EL PORTAL DR	SHELL BEACH	CA	93449	MANAGEMENT SERVICES	$210,000
DERIVI CASTELLANOS ARCHITECTS
3031 W MARCH LN STE 334	STOCKTON	CA	95219	DESIGN, PROJECT MANAGEMENT, CONSULTING O	$130,474

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	3	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$2,219,682	AllOtherContributionsAmt
Total Contributions	$2,219,682	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	LEASE REVENUE	Desc
Business	531120	BusinessCd
Total Revenue Column	$2,291,261	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,291,261	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,291,261	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$60,207	TotalRevenueColumnAmt
Exclusion	$60,207	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$3,380,316	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$3,221,439	SecuritiesAmt
Other	$174,696	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$158,877	SecuritiesAmt
Other	-$174,696	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$15,819	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$174,696	RelatedOrExemptFuncIncomeAmt
Exclusion	$158,877	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,555,331	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,116,565	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$219,084	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$21,954	TotalAmt
Management And General	$21,954	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$2,131	TotalAmt
Management And General	$2,131	ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$210,000	TotalAmt
Management And General	$210,000	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$12,688	TotalAmt
Management And General	$12,688	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$110,267	TotalAmt
Management And General	$110,267	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$15,335	TotalAmt
Management And General	$15,335	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$698,957	TotalAmt
Program Services	$685,016	ProgramServicesAmt
Management And General	$13,941	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$994,179	TotalAmt
Program Services	$939,044	ProgramServicesAmt
Management And General	$55,135	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
UTILITIES	$333,695	$324,352	$9,343
PROPERTY TAX AND LICENS	$175,558	$170,642	$4,916
OPERATING AND MAINTENAN	$157,262	$152,859	$4,403
OTHER EXPENSES	$126,644		$126,644

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$72,561	TotalAmt
Program Services	$10,566	ProgramServicesAmt
Management And General	$61,995	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,931,231	TotalAmt
Program Services	$2,282,479	ProgramServicesAmt
Management And General	$648,752	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$621,091	BOYAmt
EOY	$791,040	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$71,491	BOYAmt
EOY	$684,242	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,689,517	BOYAmt
EOY	$1,998,438	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$118,204	BOYAmt
EOY	$166,884	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$40,582,212	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$7,805,396	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$32,501,235	BOYAmt
EOY	$32,776,816	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$1,680,385	BOYAmt
EOY	$2,100,015	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$560	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$36,681,923	BOYAmt
EOY	$38,517,995	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$62,471	BOYAmt
EOY	$550,719	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$253,654	BOYAmt
EOY	$244,595	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$15,604,557	BOYAmt
EOY	$15,196,082	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$500,000	BOYAmt
EOY	$600,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,671,727	BOYAmt
EOY	$1,022,314	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$18,092,409	BOYAmt
EOY	$17,613,710	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	$16,899,998	BOYAmt
EOY	$17,550,377	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,689,516	BOYAmt
EOY	$3,353,908	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$18,589,514	BOYAmt
EOY	$20,904,285	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$36,681,923	BOYAmt
EOY	$38,517,995	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$1,624,100	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$26,468	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$664,203	OtherChangesInNetAssetsAmt
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	0	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

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 Minus1 Year	$272,114	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,219,682	CurrentTaxYearAmt
Total	$2,491,796	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$3,663,337	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,291,261	CurrentTaxYearAmt
Total	$5,954,598	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$3,935,451	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,510,943	CurrentTaxYearAmt
Total	$8,446,394	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Current Tax Year	$300,000	CurrentTaxYearAmt
Total	$300,000	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$3,554,721	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,049,141	CurrentTaxYearAmt
Total	$5,603,862	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$3,554,721	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,349,141	CurrentTaxYearAmt
Total	$5,903,862	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$2,542,532	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$1,436	CurrentTaxYearMinus1YearAmt
Current Tax Year	$60,207	CurrentTaxYearAmt
Total	$61,643	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$1,436	CurrentTaxYearMinus1YearAmt
Current Tax Year	$60,207	CurrentTaxYearAmt
Total	$61,643	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$3,936,887	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,571,150	CurrentTaxYearAmt
Total	$8,508,037	TotalAmt

Field	Value	IRS element (for citing)
First5 Years509	Yes (X)	First5Years509Ind

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

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,353,371	OtherCostOrOtherBasisAmt
Book Value	$5,353,371	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$32,386,723	OtherCostOrOtherBasisAmt
Depreciation	$6,361,051	DepreciationAmt
Book Value	$26,025,672	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,279,205	OtherCostOrOtherBasisAmt
Depreciation	$492,173	DepreciationAmt
Book Value	$787,032	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,428,903	OtherCostOrOtherBasisAmt
Depreciation	$895,548	DepreciationAmt
Book Value	$533,355	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$134,010	OtherCostOrOtherBasisAmt
Depreciation	$56,624	DepreciationAmt
Book Value	$77,386	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$32,776,816	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	EQUITY	Desc
Book Value	$2,100,015	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$2,100,015	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
LIABILITIES RELATED TO INTEREST SWAP AGREEMENT	$997,314
DEPOSIT	$25,000

Field	Value	IRS element (for citing)
Total Liability	$1,022,314	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$5,246,002	TotalRevEtcAuditedFinclStmtAmt
Other Revenue	$690,671	OtherRevenueAmt
Revenue Not Reported	$690,671	RevenueNotReportedAmt
Revenue Subtotal	$4,555,331	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$4,555,331	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,931,231	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$2,931,231	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$2,931,231	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	LEAF IS ORGANIZED AS A CALIFORNIA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), AND QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A). IT IS ALSO EXEMPT FROM STATE FRANCHISE AND INCOME TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. LEAF IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZAION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, LEAF IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. LEAF DETERMINED THAT IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT FOUNDATION BUSINESS INCOME TAX RETURN (FORM 990T) WITH THE IRS. MANAGEMENT BELIEVES THAT LEAF HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. LEAF WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED.	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ALVAREZ CONSULTING	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Relationship Description	ENTITY OWNED BY CEO	RelationshipDescriptionTxt
Transaction	$210,000	TransactionAmt
Transaction	CONSULTING	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART IV	FormAndLineReferenceDesc
Explanation	TRANSACTIONS WITH BOARD MEMBERS LEAF ENTERED INTO A CONSULTING SERVICES CONTRACT WITH A COMPANY OWNED BY A BOARD MEMBER TO PROVIDE MANAGEMENT SERVICES TO LEAF. THE CONTRACT STIPULATES A MONTHLY FEE AND AN ADDITIONAL PROVISION FOR EXPENSES. THE AGREEMENT IS REVIEWED ANNUALLY AND RENEWED AT THE DISCRETION OF THE BOARD. TOTAL CONSULTING EXPENSE INCURRED BY LEAF FOR THE YEAR ENDED JUNE 30, 2021 WAS $210,000.	ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$805,470	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV ON DAY DONATED	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	0	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, COLUMN (B):	FormAndLineReferenceDesc
Explanation	THERE WERE TWO STOCKS DONATED 2608 SHARES OF DOCUSIGN 9075 SHARES OF UBER TECHNOLOGIES	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3	THERE IS A CONTRACT WITH ALVAREZ CONSULITNG WHICH IS AN ENTITY OWNED BY THE CEO ED ALVAREZ.
FORM 990, PART VI, SECTION B, LINE 11B	ORGANIZATION'S GOVERING BODY IS PROVIDED WITH THE RETURN BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12C	EACH DESIGNATED EMPLOYEE, INCLUDING GOVERNING BOARD MEMBERS, FILES A STATEMENT OF ECONOMIC INTEREST. THE ORGANIZATION'S BOARD DOES AN ANNUAL REVIEW TO CONSIDER ANY POTENTIAL CONFLICTS OF INTEREST. IF A CONFLICT IS FOUND, APPROPRIATE STEPS ARE TAKEN TO RESOLVE THE CONFLICT. GOVERNING MEMBERS SHALL DISCLOSE A DISQUALIFYING INTEREST AT THE MEETING DURING WHICH CONSIDERATION OF THE DECISION TAKES PLACE, WHICH WILL BE MADE PART OF THEIR OFFICIAL RECORD. THE BOARD MEMBER WILL REFRAIN FROM PARTICIPATING IN THE DECISION IN ANY WAY.
FORM 990, PART VI, SECTION B, LINE 15A	COMPENSATION FOR THE CEO IS DETERMINED BY THE BOARD OF DIRECTORS AND REQUIRES THEIR DIRECT APPROVAL. THERE IS A WRITTEN EMPLOYMENT CONTRACT SIGNED BY THE CEO.
FORM 990, PART VI, SECTION C, LINE 18	ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19	ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:	CHANGE IN VALUE OF INTEREST RATE SWAP 664,203.