FURP.ORG / PUBLIC DATA EXPLORER

SALVADORAN AMERICAN LEADERSHIP AND EDUCATIONAL FUND: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
SALVADORAN AMERICAN LEADERSHIP AND EDUCATIONAL FUND (EIN 95-4702001)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-15
IRS object ID
202502899349300600
Schema version
2024v5.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-10-15T23:47:28-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN844593631PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TROJAN ACCOUNTINGBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1550 E CARSON PLAZA SUITE 112AddressLine1Txt
CityCarsonCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90746ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954702001EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Salvadoran American Leadership & Educational FundBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% CARLOS HERNANDEZ VAQUERANOInCareOfNm
Business Name ControlSALVBusinessNameControlTxt
Phone2134801052PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1421 S Bixel St STE AAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90017ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCARLOS HERNANDEZ VAQUERANOPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2134801052PhoneNum
Signature2025-10-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonADRIAN DUNCANPreparerPersonNm
PTINP01515254PTIN
Phone3102833767PhoneNum
Preparation2025-10-15PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCARLOS HERNANDEZ VAQUERANOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1421 S Bixel St Ste AAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90017ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$965,060GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionSALEF MISSION IS TO ADVOCATE FOR THE EDUCATIONAL ADVANCEMENT CIVIC PARTICIPATION LEADERSHIP AND ECONOMIC PROSPERTIYActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$782,654PYContributionsGrantsAmt
CY Contributions Grants$965,060CYContributionsGrantsAmt
PY Program Service Revenue$50,980PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$833,634PYTotalRevenueAmt
CY Total Revenue$965,060CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$424,514PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$402,956PYOtherExpensesAmt
CY Other Expenses$807,252CYOtherExpensesAmt
PY Total Expenses$827,470PYTotalExpensesAmt
CY Total Expenses$807,252CYTotalExpensesAmt
PY Revenues Less Expenses$6,164PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$157,808CYRevenuesLessExpensesAmt
Total Assets BOY$177,065TotalAssetsBOYAmt
Total Assets EOY$334,873TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$177,065NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$334,873NetAssetsOrFundBalancesEOYAmt
MissionSALEF MISSION IS TO ADVOCATE FOR THE EDUCATIONAL ADVANCEMENT CIVIC PARTICIPATION LEADERSHIP AND ECONOMIC PROSPERTIYMissionDesc
Expense$807,252ExpenseAmt
Grant$965,060GrantAmt
DescSALEF MISSION IS TO ADVOCATE FOR THE EDUCATIONAL ADVANCEMENT CIVIC PARTICIPATION LEADERSHIP AND ECONOMIC PROSPERTIYDesc
Total Program Service Expenses$807,252TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
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 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
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
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
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 Members4GoverningBodyVotingMembersCnt
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 BodyfalseMinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonFLORENTINO SALAZARPersonNm
Phone2134801052PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1421 S BIXEL STREET SUITE AAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90017ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
FREDDY GUZMAN
VICE PRESIDENT0.000.00Yes (X)$0$0$0
FLORENTINO SALAZR
TREASURER0.000.00Yes (X)$0$0$0
CARLOS HERNANDEZ VAQUERANO
PRESIDENT0.000.00Yes (X)$0$0$0
DAISY GUZMAN
SECRETARY0.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$965,060GovernmentGrantsAmt
Total Contributions$965,060TotalContributionsAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

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

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$965,060TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$120TotalAmt
Program Services$120ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,076TotalAmt
Program Services$3,076ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$27,198TotalAmt
Program Services$27,198ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
PROGRAM EXPENSE$4,008$4,008
COMPUTER$1,155$1,155
LICENSESFEES & PERMITS$232$232
MTAY HOUSING$271$271

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$771,192TotalAmt
Program Services$771,192ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$807,252TotalAmt
Program Services$807,252ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$43,117BOYAmt
EOY$200,925EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$133,948LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$133,948BOYAmt
EOY$133,948EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$177,065BOYAmt
EOY$334,873EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$177,065BOYAmt
EOY$334,873EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$177,065BOYAmt
EOY$334,873EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$177,065BOYAmt
EOY$334,873EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$157,808ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
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 Minus3 Years$1,148,706CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$938,803CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$833,125CurrentTaxYearMinus1YearAmt
Current Tax Year$965,060CurrentTaxYearAmt
Total$3,885,694TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$1,148,706CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$938,803CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$833,125CurrentTaxYearMinus1YearAmt
Current Tax Year$965,060CurrentTaxYearAmt
Total$3,885,694TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$3,885,694PublicSupportTotal170Amt
Total Support$3,885,694TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$68,668InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$65,280OtherCostOrOtherBasisAmt
Book Value$133,948BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$133,948TotalBookValueLandBuildingsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Governing body decisions Part VI line 7bDOCUMENTS AVAILABLE AT OFFICE
Governing body meeting documentation Part VI line 8aDOCUMENTS AVAILABLE AT OFFICE
Committee meeting documentation Part VI line 8bDOCUMENTS AVAILABLE AT OFFICE
Form 990 governing body review Part VI line 11DOCUMENTS AVAILABLE AT OFFICE
Conflict of interest policy compliance Part VI line 12cDOCUMENTS AVAILABLE AT OFFICE
Form 990 availability to public Part VI line 18DOCUMENTS AVAILABLE AT OFFICE
Governing documents etc available to public Part VI line 19DOCUMENTS AVAILABLE AT OFFICE
Explanation of why Form 720 was not filed Part V Line 14bDOCUMENTS AVAILABLE AT OFFICE
List of other expenses Part IX line 24eDOCUMENTS AVAILABLE AT OFFICE