SALVADORAN AMERICAN LEADERSHIP AND EDUCATIONAL FUND: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: SALVADORAN AMERICAN LEADERSHIP AND EDUCATIONAL FUND (EIN 95-4702001)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-08-08
IRS object ID: 201232219349301553
Schema version: 2011v1.2
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 O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-08-08T15:49:38-00:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MINAS VOSKANYAN CPA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	4605 LANKERSHIM BLVD 301	AddressLine1
City	NORTH HOLLYWOOD	City
State	CA	State
ZIP Code	91602	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	954702001	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SALVADORAN AMERICAN LEADERSHIP AND EDUCATIONAL FUND	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SALV	NameControl
Phone	2134801052	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1625 W OLYMPIC BLVD Room No 718	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	90015	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Carlos Vaquerano	Name
Title	President	Title
Date Signed	2012-08-08	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	MINAS VOSKANYAN	Name
Phone	8187551040	Phone
Date Prepared	2012-08-08	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	CARLOS A H VAQUERANO	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1625 W OLIMPIC BLVD STE 718	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	90015	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	595325	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	www.salef.org	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1999	YearFormation
State Legal Domicile	CA	StateLegalDomicile
Activity Or Mission Description	SALEFs mission is to advocate for the educational advancement, civic particiaption, leadership and economic prosperity of Salvadorian and other Latino communities in the U.S. and to advocate democracy and social justice in the U.S. and El Salvador.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	5	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	5	NbrIndependentVotingMembers
Total Nbr Employees	9	TotalNbrEmployees
Total Nbr Volunteers	12	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	734088	ContributionsGrantsPriorYear
Contributions Grants Current Year	595325	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	23029	ProgramServiceRevenuePriorYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Prior Year	95	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	757212	TotalRevenuePriorYear
Total Revenue Current Year	595325	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	339031	SalariesEtcPriorYear
Salaries Etc Current Year	244780	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	29808	TotalFundrsngExpCurrentYear
Other Expense Prior Year	411721	OtherExpensePriorYear
Other Expenses Current Year	378994	OtherExpensesCurrentYear
Total Expenses Prior Year	750752	TotalExpensesPriorYear
Total Expenses Current Year	623774	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	6460	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-28449	RevenuesLessExpensesCY
Total Assets BOY	236864	TotalAssetsBOY
Total Assets EOY	204138	TotalAssetsEOY
Total Liabilities BOY	4469	TotalLiabilitiesBOY
Total Liabilities EOY	192	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	232395	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	203946	NetAssetsOrFundBalancesEOY
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	420906	Expense
Description	Providing schoolarships for higher eduaction, providing various educational and awarenss programs in the community.	Description
Total Program Service Expense	420906	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	false	ScheduleORequired
Number Forms Transmitted With1096	7	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	9	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	5	NbrVotingGoverningBodyMembers
Number Independent Voting Members	5	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	false	MinutesOfCommittees
Officer Mailing Address	true	OfficerMailingAddress
Local Chapters	false	LocalChapters
Policies Reference Chapters	false	PoliciesReferenceChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	SALVADORIAN AMERICAN LEADERSHIP AND	NamePerson
Telephone Number	2134801052	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1625 W OLIMPIV BLVD STE 718	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	90015	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (6 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Individual Trustee Or DirectorIndividualTrusteeOrDirector
CARLOS A HERNANDEZ VAQUERANO
EXECUTIVE DIRECTOR	040.00	X	80000	0	0
PATRICIA J QUILIZAPA
DIRECTOR	000.25		0	0	0	X
JORGE NUNEZ
DIRECTOR	000.25		0	0	0	X
FREDDY GUZMAN
DIRECTOR	000.25		0	0	0	X
MARLYN GARCIA
DIRECTOR	000.25		0	0	0	X
EMANUEL PLETEZ
DIRECTOR	000.25		0	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	80000	TotalReportableCompFromOrg
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	83695	GovernmentGrants
All Other Contributions	511630	AllOtherContributions
Total Contributions	595325	TotalContributions

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	595325	TotalRevenueColumn

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	80000	Total
Program Services	68000	ProgramServices
Management And General	9600	ManagementAndGeneral
Fundraising	2400	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	142661	Total
Program Services	12126	ProgramServices
Management And General	17112	ManagementAndGeneral
Fundraising	4280	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1439	Total
Program Services	1223	ProgramServices
Management And General	173	ManagementAndGeneral
Fundraising	43	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	0	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	20680	Total
Program Services	17578	ProgramServices
Management And General	2482	ManagementAndGeneral
Fundraising	620	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	62020	Total
Program Services	46515	ProgramServices
Management And General	13644	ManagementAndGeneral
Fundraising	1861	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	4116	Total
Program Services	2058	ProgramServices
Management And General	2058	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	0	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	12538	Total
Program Services	12538	ProgramServices

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	1484	Total
Program Services	1187	ProgramServices
Management And General	148	ManagementAndGeneral
Fundraising	148	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	0	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	8560	Total
Program Services	6849	ProgramServices
Management And General	856	ManagementAndGeneral
Fundraising	855	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
Telephone	6581	4607	1316	658
Program expenses scholarships, Other	170392	170392
Equipment rental	1938	1454	484
Postage Shipping	923	738	92	92

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	110442	Total
Program Services	75641	ProgramServices
Management And General	15950	ManagementAndGeneral
Fundraising	18851	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	623774	Total
Program Services	420906	ProgramServices
Management And General	63915	ManagementAndGeneral
Fundraising	29808	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	181839	BOY
EOY	128977	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	36391	BOY
EOY	59105	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	1200	BOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	4863	BOY
EOY	3485	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	64266	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	51695	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	12571	BOY
EOY	12571	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	236864	BOY
EOY	204138	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	4469	BOY
EOY	192	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	4469	BOY
EOY	192	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	232395	BOY
EOY	203946	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	232395	BOY
EOY	203946	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	236864	BOY
EOY	204138	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-28449	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	622259	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	490749	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	626731	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	757117	CurrentTaxYearMinus1Year
Current Tax Year	628536	CurrentTaxYear
Total	3125392	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	622259	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	490749	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	626731	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	757117	CurrentTaxYearMinus1Year
Current Tax Year	628536	CurrentTaxYear
Total	3125392	Total

Field	Value	IRS element (for citing)
Public Support Total170	3125392	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	2030	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	190	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	95	CurrentTaxYearMinus1Year
Total	2315	Total

Field	Value	IRS element (for citing)
Total Support	3127707	TotalSupport
Public Support Pertcentage170	0.99930	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.99920	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170
Public Support Percentage509	0.00000	PublicSupportPercentage509
Investment Income Percentage	0.00000	InvestmentIncomePercentage

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Included On FS	false	IncludedOnFS

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	64266	OtherCostOrOtherBasis
Depreciation	51695	Depreciation
Book Value	12571	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	12571	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	Accrued Expenses	Description
Amount	$192	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	192	TotalOfAmounts

Schedule L IRS990ScheduleL

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990 Part VI	15	It includes self evaluation, evaluation by other board members, and salaries comparative data from other Non-Profits.
		Form 990 Part VI Section A Line 15 It includes self evaluation, evaluation by other board members, and salaries comparative data from other Non-Profits.