ACEVEDO FOUNDATION: Form 990EZ, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
ACEVEDO FOUNDATION (EIN 84-2377170)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-01
IRS object ID
202143149349203729
Schema version
2020v4.1
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)
Return2021-11-01T23:20:35ZReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN330955112PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1H AND R BLOCKBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1355 K STAddressLine1Txt
CityCHULA VISTACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91911ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN842377170EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ACEVEDO FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlACEVBusinessNameControlTxt
Phone3108909321PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11023 MAPLE STREETAddressLine1Txt
CitySANTA MONICACityNm
State AbbreviationCAStateAbbreviationCd
ZIP90405ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBEATRIZ ACEVEDOPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone3108909321PhoneNum
Signature2021-05-17SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBEATRIZPersonFirstNm
Person LastACEVEDOPersonLastNm

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNURY SAENZ EAPreparerPersonNm
PTINP00315538PTIN
Phone6194254804PhoneNum
Preparation2021-11-01PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressHTTPS://WWW.ACEVEDO.FOUNDATION/WebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$17,307GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$17,307ContributionsGiftsGrantsEtcAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Total Revenue$17,307TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$9,793FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$16,821OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$2,692PrintingPublicationsPostageAmt
Total Expenses$29,306TotalExpensesAmt
Excess Or Deficit For Year-$11,999ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY-$18,202NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$30,201NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
EOY$95,142EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
EOY$14,005EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$109,147EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$18,202BOYAmt
EOY$139,348EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY-$18,202BOYAmt
EOY-$30,201EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeTHE ACEVEDO FOUNDATION EMPOWERS THE NEXT GENERATION OF LATINO LEADERS BY CREATING EQUITABLE ACCESS TO CAPITAL, CLOSING THE EDUCATIONAL GAP, AND PROMOTING ECONOMIC MOBILITY AND INCLUSION.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomLAUNCHED LA COLLAB PROGRAM TO DOUBLE LATINO REPRESENTATION AND JOB CREATION AT THE INTERSECTION OF MEDIA, ENTERTAINMENT, TECHNOLOGY, AND ADVOCACY. PARTNERS IN THIS EFFORT INCLUDE THE MAJOR'S FUND FROM THE CITY OF LOS ANGELES AND OVER 50 ENTERTAINMENT LEADERS, STUDIOS, NETOWORKS, AND STREAMING SERVICES. (WWW.LACOLLAB.ORG) CO-LAUNCHED THE PLEDGELA FOUNDERS FUND (WWW.PLEDGELA.ORG/FOUNDERSFUND) TO PROVIDE TECHNICAL ASSISTANCE AND NON-EQUITY CAPITAL STIPENDS TO EARLY -STAGE BLACK AND LATINX ENTREPRENEURS. SELECTED PILOT COHORT OF 20 COMPANIES TO RECEIVE TECHNICAL ASSISTANCE IN 2021DescriptionProgramSrvcAccomTxt
FieldValueIRS element (for citing)
Info In Schedule O Part IVYes (X)InfoInScheduleOPartIVInd

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
BEATRIZ ACEVEDO
PRESIDENT20.00$0
AXEL W CABALLERO
TREASURER2.00$0
MICHAEL DE LA ROSA
SECRETARY2.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HR BLOCKBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1355 K STREET STE EAddressLine1Txt
CityChula VistaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91911ZIPCd
FieldValueIRS element (for citing)
Phone6194254804PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year$17,307CurrentTaxYearAmt
Total$17,307TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year$17,307CurrentTaxYearAmt
Total$17,307TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$17,307PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year$17,307CurrentTaxYearAmt
Total$17,307TotalAmt
FieldValueIRS element (for citing)
First5 Years509Yes (X)First5Years509Ind
Public Support CY5091.00000PublicSupportCY509Pct
Facts And Circumstances TestNO COMPENSATIONFactsAndCircumstancesTestTxt

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART IVFormAndLineReferenceDesc
ExplanationNO COMPENSATIONExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE BSECOND YEAR OF ORGANIZATION
990-EX PART IIACCOUNTS RECEIVABLE
990EX PART IILONG TERM LIABILITIES

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