Leilani Magno Memorial Scholarship Corporation is located in Chula Vista, CA. 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. Leilani Magno Memorial Scholarship Corporation 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 05/2024, Leilani Magno Memorial Scholarship Corporation generated $4.3k 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 (16.2%) each year. All expenses for the organization totaled $3.1k during the year ending 05/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE COMPREHENSIVE COUNSELING AND GUIDANCE PROGRAM AS A VEHICLE TO ASSIST STUDENTS IN ACQUIRING AND USING LIFE-LONG LEARNING AND SELF-MANAGING SKILLS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolina Rico President & CEO | 20 | $0 | |
Vanessa Rico Treasurer | 20 | $0 | |
Brenda Murguia Secretary | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,308 |
| 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 | $4,308 |
| 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 | $2,146 |
| Total expenses | $3,146 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,122 |
| Other assets | $0 |
| Total assets | $9,122 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,122 |