Lo Bello Womens Association
- Assets
- $53.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 02/1997
- Data as of
- 12/2023
- EIN
- 74-2786322
Organization Overview
Lo Bello Womens Association is located in San Antonio, TX. The organization was established in 1997. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lo Bello Womens Association 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 12/2023, Lo Bello Womens Association generated $56.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $38.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.5%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LO BELLO CONSISTS OF BUSINESS AND PROFESSIONAL WOMEN WHO VOLUNTEER THEIR TIME AND RESOURCES SO THAT WE CAN CONTINUE TO STRIVE TO REACH OUR GOAL OF INCREASING EDUCATIONAL OPPORTUNITIES THROUGH SCHOLARSHIPS IN OUR COMMUNITY THROUGH OUR FUNDRAISING EVENTS.
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES SCHOLARSHIPS TO DESERVING STUDENTS EITHER DIRECTLY OR THROUGH ANOTHER NON-PROFIT.
THE ORGANIZATION SUPPORTED THE UNIVERSITY SYSTEM HEALTH FOUNDATION.
FIESTA EXPENSES FOR ORGANIZATION MEMBERSHIPS, PARADE PARTICIPATION, STORAGE AND OPERATING OF FLOAT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debby Munoz Treasurer | 5 | $0 | |
Myra Diem President | 5 | $0 | |
Blanca Garcia Vice Preside | 5 | $0 | |
Katherine Rocha Secretary | 5 | $0 | |
Abby Kurth Historian | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,150 |
| Total Program Service Revenue | $0 |
| Membership dues | $150 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $36,965 |
| Other Revenue | $0 |
| Total Revenue | $56,265 |
| 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 | $1,850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,372 |
| Total expenses | $38,722 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,374 |
| Other assets | $0 |
| Total assets | $53,374 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,374 |
Grants Awarded
Over the last fiscal year, Lo Bello Womens Association has awarded $33,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LULAC COUNCIL 2 PURPOSE: SCHOLARSHIPS | $25,000 |
UNIVERSITY SYSTERM HEALTH FOUNDATIO | | | $8,500 |