Idaho Latino Scholarship Foundation Inc
- Assets
- $106.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boise, ID
- Founding
- 05/2008
- Data as of
- 12/2022
- EIN
- 26-1184043
Organization Overview
Idaho Latino Scholarship Foundation Inc is located in Boise, ID. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idaho Latino Scholarship Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Idaho Latino Scholarship Foundation Inc generated $66.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $47.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ILSF MAINTAINS A FINANCIAL AID PROGRAM COMPRISED OF GRANTS, PRIZES AND AWARDS FOR QUALIFIED PARTICIPANTS. IN 2022, SCHOLARSHIPS WERE AWARDED TO 18 STUDENTS TO ATTEND UNDERGRADUATE STUDIES IN AN IDAHO COLLEGE OR UNIVERSITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Ferral President | 4 | $0 | |
Ernesto Pinal Vice President | 3 | $0 | |
Estrella Pedroza Secretary | 3 | $0 | |
Trudy Mcgavin Treasurer | 4 | $0 | |
Eduardo Celis Board Member | 1.5 | $0 | |
Leah Cruz Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,582 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,596 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,671 |
| Total expenses | $47,671 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,442 |
| Other assets | $0 |
| Total assets | $106,442 |
| Total liabilities | $0 |
| Net assets or fund balances | $106,442 |