Lucas Alvarez La6 Foundation Inc
- Assets
- $107.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- Data as of
- 12/2022
- EIN
- 84-5183437
Organization Overview
Lucas Alvarez La6 Foundation Inc is located in Miami, FL. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Lucas Alvarez La6 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, Lucas Alvarez La6 Foundation Inc generated $34.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (22.1%) each year. All expenses for the organization totaled $30.0k 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
SCHOLARSHIP/AWARD PROGRAM: LUCAS ALVAREZ LA6 FOUNDATION INC PROVIDES ACADEMIC SCHOLARSHIPS AND FUNDING WHICH ENABLES INDIVIDUALS TO ACHIEVE THEIR CAREER DREAMS BY ATTENDING VOCATIONAL/TECHNICAL SCHOOLS. THERE WERE FOUR AWARD RECIPIENTS IN 2022 THAT RECEIVED AWARDS TOTALING $7,451.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Alvarez President And Director | 5 | $0 | |
Alejandro Alvarez Vice President, Secretary And Director | 7 | $3,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,988 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,981 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,500 |
| Professional fees and other payments to independent contractors | $4,227 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,834 |
| Total expenses | $30,012 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,951 |
| Other assets | $0 |
| Total assets | $107,796 |
| Total liabilities | $16 |
| Net assets or fund balances | $107,780 |