THE LATINO STUDENT FUND: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
THE LATINO STUDENT FUND (EIN 52-1859975)
Tax period
2019-09-01 to 2020-08-31
Filed
2021-02-24
IRS object ID
202140559349300704
Schema version
2019v5.1
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)
Return2021-02-24T09:17:29-00:00ReturnTs
Tax Period End2020-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Alta CPA GroupBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line159 Franklin St 2nd FloorAddressLine1Txt
CityAnnapolisCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21401ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521859975EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LATINO STUDENT FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLATIBusinessNameControlTxt
Phone2022443438PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1555 12TH STREET NW STE 260AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20004ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARIA FERNANDA BORJAPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2021-02-24SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey GriffithPreparerPersonNm
Phone4103495101PhoneNum
Preparation2021-02-24PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerFERNANDO BARRUETAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1555 12TH STREET NW STE 260AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20004ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,087,473GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LATINOSTUDENTFUND.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1994FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTO PROVIDE OPPORTUNITIES FOR A STRONG ACADEMIC FOUNDATION FOR UNDERSERVED PRE-K TO 12TH GRADE STUDENTS OF HISPANIC DESCENT AND TO PROMOTE HIGHER EDUCATION AND PROFESSIONAL LEADERSHIP.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee8TotalEmployeeCnt
Total Volunteers285TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$636,710PYContributionsGrantsAmt
CY Contributions Grants$942,011CYContributionsGrantsAmt
PY Program Service Revenue$20,675PYProgramServiceRevenueAmt
CY Program Service Revenue$4,750CYProgramServiceRevenueAmt
PY Investment Income$1,815PYInvestmentIncomeAmt
CY Investment Income$3,008CYInvestmentIncomeAmt
PY Other Revenue$1,027PYOtherRevenueAmt
CY Other Revenue$73,634CYOtherRevenueAmt
PY Total Revenue$660,227PYTotalRevenueAmt
CY Total Revenue$1,023,403CYTotalRevenueAmt
PY Grants And Similar Paid$44,500PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$160,744CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$314,623PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$429,583CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$91,624CYTotalFundraisingExpenseAmt
PY Other Expenses$237,886PYOtherExpensesAmt
CY Other Expenses$322,071CYOtherExpensesAmt
PY Total Expenses$597,009PYTotalExpensesAmt
CY Total Expenses$912,398CYTotalExpensesAmt
PY Revenues Less Expenses$63,218PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$111,005CYRevenuesLessExpensesAmt
Total Assets BOY$399,226TotalAssetsBOYAmt
Total Assets EOY$523,454TotalAssetsEOYAmt
Total Liabilities BOY$13,024TotalLiabilitiesBOYAmt
Total Liabilities EOY$26,247TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$386,202NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$497,207NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE OPPORTUNITIES FOR A STRONG ACADEMIC FOUNDATION FOR UNDERSERVED PRE-K TO 12TH GRADE STUDENTS OF HISPANIC DESCENT AND TO PROMOTE HIGHER EDUCATION AND PROFESSIONAL LEADERSHIP.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$275,638ExpenseAmt
Grant$160,744GrantAmt
DescFAMILY RESOURCES ACCESS PROGRAM 2011 TO PRESENT THE ACCESS PROGRAM PROVIDES PARENT WORKSHOPS, SCHOOL FAIRS, AND INDIVIDUALIZED CONSULTATIONS FOR STUDENTS APPLYING TO INDEPENDENT AND PAROCHIAL SCHOOLS FOR GRADES PREK-12 IN THE WASHINGTON, DC AREA. OUR ORGANIZATIONS WORK IN THE PAST SCHOLARS PROGRAM 1994 TO PRESENT MERIT BASED TUITION STIPENDS FOR PREK TO 12TH GRADE HISPANIC STUDENTS ATTENDING LOCAL INDEPENDENT AND PAROCHIAL SCHOOLS. THE LATINO STUDENT FUND DISCONTINUED THE SCHOLARS PROGRAM ,STUDENTS PREVIOUSLY ENROLLED IN THE PROGRAM HAVE BEEN GRANDFATHERED FOR SERVICES UNTIL THEY GRADUATE FROM HIGH SCHOOL. THE ORGANIZATION PARTNERED WITH CRIMSONBRIDGE FOUNDATION TO PROVIDE SCHOLARSHIPS TO STUDENTS TO ATTEND LOCAL INDEPENDENT AND PAROCHIAL SCHOOLS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$176,270ExpenseAmt
DescLISTO 2010 TO PRESENT LISTO WORKS WITH 11TH AND 12TH GRADE YOUTH TO PREPARE THEM ACADEMICALLY FOR POST SECONDARY EDUCATION AND TO PROVIDE THEM WITH SUPPORT THROUGH THE COLLEGE APPLICATION AND FINANCIAL AID PROCESS. THE PROGRAM INCLUDES HOMEWORK ASSISTANCE, COLLEGE APPLICATION ASSISTANCE, FINANCIAL LITERACY WORKSHOPS, CAREER COUNSELING, AND MENTORING. THE LATINO STUDENT FUND ALSO HOSTS A COLLEGE AND SCHOLARSHIP FAIR AND SAT PREPARATION COURSE. LISTO RAPIDO 2010 TO PRESENT LISTO RAPIDO IS A ONE WEEK INTENSIVE SUMMER COLLEGE PREP COURSE THAT TEACHES RISING 10TH - 12TH GRADE STUDENTS THE BASICS OF THE COLLEGE ADMISSIONS PROCESS. THE PROGRAM PROVIDES GUIDED COLLEGE RESEARCH, POST SECONDARY ADMISSIONS, FINANCIAL AID, AND FINANCIAL LITERACY WORKSHOPS, NETWORKING WITH COLLEGE STUDENTS AND CAREER PROFESSIONALS, A FULL DAY COLLEGE VISIT, AND A CAREER DAY TRIP TO LOCAL BUSINESSES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$162,563ExpenseAmt
DescTUTORING COMPUTER LITERACY CLASS 2015 TO PRESENT THE COMPUTER LITERACY COURSE PROVIDES PARENTS TOOLS TO FURTHER THEIR CAREER DEVELOPMENT AND ALLOWS THE LATINO STUDENT FUND TO PROVIDE CROSS PROGRAM SUPPORT. OFFERED IN A PARTNERSHIP WITH BYTEBACK, THE COURSE FOCUSES ON UNDERSTANDING THE COMPUTER, TYPING, EMAILING, DOCUMENT CREATION, AS WELL AS HOW TO NAVIGATE THE INTERNET. ENGLISH AS A SECOND LANGUAGE CLASS 2005 TO PRESENT THE LATINO STUDENT FUND BEGAN OFFERING ESL CLASSES FOR PARENTS OF TUTORING STUDENTS AND IN RECENT YEARS OPENED THE CLASSES TO MEMBERS OF THE COMMUNITY. THE TWO LEVELS OF ESL CLASSES AIM TO INCREASE FUNCTIONAL AND CONVERSATIONAL ENGLISH, PARTICULARLY FOR NAVIGATING THE SCHOOL ENVIRONMENT, AS WELL AS TO TEACH PARENTS THE METHODS USED IN THE TUTORING PROGRAM AND HOW TO REPLICATE THEM IN ANY LANGUAGE AT HOME. CONTINUED ON SCHEDULE ODesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$126,739TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$741,210TotalProgramServiceExpensesAmt
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 EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
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 Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee8EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
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 Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
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 EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Written Policy Or ProcedurefalseWrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMARIA FERNANDA BORJAPersonNm
Phone2022443438PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1555 12TH STREET NW STE 260AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20004ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARIA FERNANDA BORJA
PRESIDENT055.00Yes (X)Yes (X)$93,080$0$1,929
FERNANDO BARRUETA
CHAIR008.00Yes (X)Yes (X)$0$0$0
JOSEPH DIPIETRO
VICE CHAIR002.00Yes (X)Yes (X)$0$0$0
JEYBEN J CASTRO
TREASURER002.00Yes (X)Yes (X)$0$0$0
LUIS CORRALES
SECRETARY002.00Yes (X)Yes (X)$0$0$0
EVELYN BYNUM
DIRECTOR002.00Yes (X)$0$0$0
WILLIAM CIESAR
DIRECTOR002.00Yes (X)$0$0$0
ALEX DIAZ-ASPER
DIRECTOR002.00Yes (X)$0$0$0
OMAR MOLINA
DIRECTOR002.00Yes (X)$0$0$0
ALEJANDRA MONTENEGRO ALMONTE
DIRECTOR002.00Yes (X)$0$0$0
CLAUDIA A SAAD
DIRECTOR002.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$93,080TotalReportableCompFromOrgAmt
Total Other Compensation$1,929TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Federated Campaigns$1,373FederatedCampaignsAmt
Fundraising$21,976FundraisingAmt
Government Grants$271,480GovernmentGrantsAmt
All Other Contributions$647,182AllOtherContributionsAmt
Total Contributions$942,011TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMEMBERSHIP DUESDesc
Business900099BusinessCd
Total Revenue Column$4,750TotalRevenueColumnAmt
Related Or Exempt Func Income$4,750RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$4,750TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,008TotalRevenueColumnAmt
Exclusion$3,008ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$64,070FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$21,976ContriRptFundraisingEventAmt
Fundraising Direct Expenses$64,070FundraisingDirectExpensesAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PAYCHECK PROTECTION FUNDS900099$68,750$68,750
MISCELLANEOUS INCOME900099$4,884$4,884
FieldValueIRS element (for citing)
Other Revenue Total$73,634OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,023,403TotalRevenueColumnAmt
Related Or Exempt Func Income$78,384RelatedOrExemptFuncIncomeAmt
Exclusion$3,008ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$160,744TotalAmt
Program Services$160,744ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$105,484TotalAmt
Program Services$90,000ProgramServicesAmt
Management And General$7,550ManagementAndGeneralAmt
Fundraising$7,934FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$290,254TotalAmt
Program Services$247,691ProgramServicesAmt
Management And General$17,285ManagementAndGeneralAmt
Fundraising$25,278FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$10,146TotalAmt
Program Services$960ProgramServicesAmt
Management And General$6,743ManagementAndGeneralAmt
Fundraising$2,443FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$23,699TotalAmt
Program Services$20,144ProgramServicesAmt
Management And General$2,370ManagementAndGeneralAmt
Fundraising$1,185FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Fees For Services Prof FundraisingFeesForServicesProfFundraising

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$82,833TotalAmt
Program Services$34,306ProgramServicesAmt
Management And General$6,706ManagementAndGeneralAmt
Fundraising$41,821FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$32,814TotalAmt
Program Services$23,688ProgramServicesAmt
Management And General$6,740ManagementAndGeneralAmt
Fundraising$2,386FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$17,674TotalAmt
Program Services$8,471ProgramServicesAmt
Management And General$896ManagementAndGeneralAmt
Fundraising$8,307FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$40,785TotalAmt
Program Services$12,709ProgramServicesAmt
Management And General$28,076ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,559TotalAmt
Program Services$6,306ProgramServicesAmt
Management And General$253ManagementAndGeneralAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$8,617TotalAmt
Program Services$7,324ProgramServicesAmt
Management And General$862ManagementAndGeneralAmt
Fundraising$431FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROGRAM ACTIVITIES$86,415$85,238$833$344
FOOD AND CATERING$21,098$21,098
RECRUITMENT AND OUTREACH$15,000$13,750$1,250
EVENTS AND DONOR CULTIVATION$10,276$8,781$1,495

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$912,398TotalAmt
Program Services$741,210ProgramServicesAmt
Management And General$79,564ManagementAndGeneralAmt
Fundraising$91,624FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$350,476BOYAmt
EOY$404,101EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$48,750BOYAmt
EOY$115,353EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$11,812LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$11,812LandBldgEquipAccumDeprecAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$4,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$399,226BOYAmt
EOY$523,454EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$13,024BOYAmt
EOY$26,247EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,024BOYAmt
EOY$26,247EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$243,458BOYAmt
EOY$341,207EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$142,744BOYAmt
EOY$156,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$386,202BOYAmt
EOY$497,207EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$399,226BOYAmt
EOY$523,454EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$111,005ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
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$502,646CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$631,024CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$527,494CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$787,670CurrentTaxYearMinus1YearAmt
Current Tax Year$1,015,645CurrentTaxYearAmt
Total$3,464,479TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$502,646CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$631,024CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$527,494CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$787,670CurrentTaxYearMinus1YearAmt
Current Tax Year$1,015,645CurrentTaxYearAmt
Total$3,464,479TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$287,890SubstantialContributorsTotAmt
Public Support Total170$3,176,589PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$681CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$468CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$748CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,815CurrentTaxYearMinus1YearAmt
Current Tax Year$3,008CurrentTaxYearAmt
Total$6,720TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$4,750CurrentTaxYearAmt
Total$4,750TotalAmt
FieldValueIRS element (for citing)
Total Support$3,475,949TotalSupportAmt
Public Support CY1700.91390PublicSupportCY170Pct
Public Support PY1700.86310PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind
Public Support CY5090.00000PublicSupportCY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct

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)
Incl Escrow Custodial Acct LiabfalseInclEscrowCustodialAcctLiabInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,812OtherCostOrOtherBasisAmt
Depreciation$11,812DepreciationAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc
Financial derivatives and other financial products
Closely-held equity interests

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescFederal income taxesDesc
FieldValueIRS element (for citing)
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,087,473TotalRevEtcAuditedFinclStmtAmt
Other Revenue$64,070OtherRevenueAmt
Revenue Not Reported$64,070RevenueNotReportedAmt
Revenue Subtotal$1,023,403RevenueSubtotalAmt
Total Revenue Per Form990$1,023,403TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$976,468TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$64,070OtherExpensesIncludedAmt
Expenses Not Reported$64,070ExpensesNotReportedAmt
Expenses Subtotal$912,398ExpensesSubtotalAmt
Total Expenses Per Form990$912,398TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
X 2THE LATINO STUDENT FUND IS EXEMPT UNDER SECTION 501C3 OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS AN ORGANIZATION WHICH IS NOT A PRIVATE FOUNDATION. THE LATINO STUDENT FUNDS INFORMATIONAL RETURN FILINGS ARE SUBJECT TO AUDIT BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER FILING.
XI 2DNET OF SPECIAL EVENT EXPENSES 64,070
XII 2DNET OF SPECIAL EVENT EXPENSES 64,070

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$86,046GrossReceiptsEvent1Amt
Charitable Contri Event1$21,976CharitableContriEvent1Amt
Gross Revenue Event1$64,070GrossRevenueEvent1Amt
Food And Beverage Event1$38,227FoodAndBeverageEvent1Amt
Entertainment Event1$3,916EntertainmentEvent1Amt
Other Direct Expenses Event1$21,927OtherDirectExpensesEvent1Amt
Gross Receipts Total$86,046GrossReceiptsTotalAmt
Charitable Contributions Tot$21,976CharitableContributionsTotAmt
Gross Revenue Total Events$64,070GrossRevenueTotalEventsAmt
Food And Beverage Total Events$38,227FoodAndBeverageTotalEventsAmt
Entertainment Total Events$3,916EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$21,927OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$64,070DirectExpenseSummaryEventsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient70RecipientCnt
Cash Grant$160,744CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I Line 2FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS ON A CASE-BY-CASE BASIS. IN ALL CASES THE ORGANIZATION PROVIDES ALL FUNDS DIRECTLY TO THE SCHOOLS IN THE NAME OF EACH INDIVIDUAL.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 4dProgram Service Expenses 126,739, Grants and allocations 0, Revenue 0 MENTORING TE GUIO 2016 TO PRESENT CREATED AS PART OF THE DC MAYORS EMPOWERING MALES OF COLOR INITIATIVE, TE GUIO PROVIDES YOUTH IN 9TH AND 10TH GRADE WITH A MENTOR TO GUIDE THEM ON THE PATH TO GRADUATE HIGH SCHOOL, ENROLL IN HIGHER EDUCATION, AND TRANSITION TO A HEALTHY ADULTHOOD. ONCE STUDENTS COMPLETE THE TE GUIO PROGRAM, THEY ARE TRANSITIONED INTO THE LISTO PROGRAM.
Form 990, Part III, Line 4CPREK-12 TUTORING PROGRAM 1998 - PRESENT-AN OUT-OF-SCHOOL TIME PROGRAM THAT PROVIDES INDIVIDUALIZED ACADEMIC SUPPORT TO HELP AT-RISK PREK-12TH GRADE STUDENTS BUILD PROFICIENCY IN READING AND MATH EACH SATURDAY DURING THE SCHOOL YEAR. THE LATINO STUDENT FUND ALSO OFFERS SCHOLARSHIPS TO SUMMER PROGRAMS DONATED BY LOCAL SCHOOLS AND COMMUNITY ORGANIZATIONS. RISING JOURNALIST PROGRAM 2019-PRESENT AN AFTER SCHOOL PROGRAM THAT INCREASES CIVIC ENGAGEMENT IN MARGINALIZED ENGLISH LANGUAGE LEARNER ELL MIDDLE SCHOOL STUDENTS BY IMPROVING WRITING AND CRITICAL THINKING SKILLS.
Form 990, Part VI, Section B, Line 11THE FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD PRIOR TO SUBMISSION TO THE IRS.
Form 990, Part VI, Section B, Line 12CALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY AND ALL ACTIVITIES OR INTEREST WHICH COULD CONFLICT WITH THEIR PERFORMANCE, DUTIES, AND RESPONSIBILITIES TO THE ORGANIZATION.
Form 990, Part VI, Section C, Line 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS, AND FORM 990 AVAILABLE UPON REQUEST.

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