Civic Intelligence

Ldf Nonprofit Foundation

EIN 46-3093399 • 501(c)3 • Laredo, TX

Profile

The purpose of the Corporation is to stimulate economic development in the Laredo and surrounding areas, which will be accomplished by supporting business investment and growth through services offered by our Corporation, including support services, providing information and expertise of the local business environment, and other related services. The Corporation will offer and provide these services to businesses not local to the Laredo and surrounding areas, which are looking to invest in and relocate to our community, and to businesses already in our community looking and needing assistance to grow. The relocation of business to the Laredo and surrounding areas and/or the growth of local businesses will help accomplish the Corporation's charitable goals of improving an Economically Distressed Area by providing relief of community deterioration and relief of the poor and distressed through increased employment opportunities and increased per capita income by the business assisted.

616 Leal StreetLaredo, TX 78041

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

100th percentile

772%

Higher net margin than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2024

Assets

Down

$0

Down $590,774 (-100%) from 2023

Liabilities

Down

$0

Down $792 (-100%) from 2023

Net Assets

Down

$0

Down $589,982 (-100%) from 2023

Revenue

Down

-$11,479

Down $348,950 (-103%) from 2023

Expenses

Down

$77,082

Down $312,739 (-80%) from 2023

Net Income

Down

-$88,561

Down $36,211 (-69%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2016: $36,400Net Assets 2016: $36,4002016Assets 2017: $96,968Net Assets 2017: $96,9682017Assets 2018: $155,506Liabilities 2018: $0Net Assets 2018: $155,5062018Assets 2019: $144,463Liabilities 2019: $02019Assets 2020: $244,003Net Assets 2020: $244,0032020Assets 2021: $423,941Liabilities 2021: $0Net Assets 2021: $423,9412021Assets 2022: $647,682Liabilities 2022: $0Net Assets 2022: $647,6822022Assets 2023: $590,774Liabilities 2023: $792Net Assets 2023: $589,9822023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $82,450Expenses 2016: $46,050Net Income 2016: $36,4002016Revenue 2017: $83,238Expenses 2017: $22,670Net Income 2017: $60,5682017Revenue 2018: $266,378Expenses 2018: $198,704Net Income 2018: $67,6742018Revenue 2019: $196,240Expenses 2019: $207,283Net Income 2019: -$11,0432019Revenue 2020: $121,424Expenses 2020: $21,884Net Income 2020: $99,5402020Revenue 2021: $418,763Expenses 2021: $234,503Net Income 2021: $184,2602021Revenue 2022: $330,787Expenses 2022: $107,046Net Income 2022: $223,7412022Revenue 2023: $337,471Expenses 2023: $389,821Net Income 2023: -$52,3502023Revenue 2024: -$11,479Expenses 2024: $77,082Net Income 2024: -$88,5612024

Highlighted filing

2024

Revenue-$11,479
Expenses$77,082
Net Income-$88,561

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

The purpose of the Corporation is to stimulate economic development in the Laredo and surrounding areas, which will be accomplished by supporting business investment and growth through services offered by our Corporation, including support services, providing information and expertise of the local business environment, and other related services. The Corporation will offer and provide these services to businesses not local to the Laredo and surrounding areas, which are looking to invest in and relocate to our community, and to businesses already in our community looking and needing assistance to grow. The relocation of business to the Laredo and surrounding areas and/or the growth of local businesses will help accomplish the Corporation's charitable goals of improving an Economically Distressed Area by providing relief of community deterioration and relief of the poor and distressed through increased employment opportunities and increased per capita income by the business assisted.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$577,528$0▼ $577,528
Land, Buildings, and Equipment, Net$13,246$0▼ $13,246
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$590,774$0▼ $590,774
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$792--
Total Liabilities$792$0▼ $792
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$589,982--
Total Net Assets Fund Balance$589,982$0▼ $589,982
Total Liabilities and Net Assets / Fund Balance$590,774$0▼ $590,774
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rolando OrtizPresident
Nativido LozanoVice President
Alfonso ArguindeguiBoard of Direct
Ed SherwoodBoard of Direct
Javier GarzaBoard of Direct
Tom McSpaddenSecretary
Lupita R CanalesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-11,479
Other Revenue
$0
Change in Net Assets
$-88,561
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$71,967
Other Expenses$5,115
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$71,967--$71,967
Depreciation Depletion$1,325$442-$1,767
Fees for Services Legal$300$100-$400
Other Expenses$45$15-$60
Total Functional Expenses$75,803$1,279$0$77,082
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greater Laredo Development FoLaredo, TX-General support$60,488
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
LDF Nonprofit Foundation
EIN
46-3093399
Phone
9567220563
Address
616 Leal Street, Laredo, TX 78041

Signing Officer

Name
Rolando Ortiz
Title
Chairman
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Canales Garza & Baum Pllc
Address
PO BOX 3627, LAREDO, TX 78044
Preparer
Aaron Canales CPA
Phone
9567241111
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Termination of organization - assets transfered to sole memb = -$501421

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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt033141
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0481843
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt044374
IRS990ScheduleA/OtherIncome509Grp/TotalAmt044374
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt01165541
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0338791
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0330937
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0418763
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt077050
IRS990ScheduleA/Total509Grp/TotalAmt01165541
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0338791
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0330937
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0418763
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0121424
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01209915
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt060488
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Greater Laredo Development Fo
IRS990ScheduleI/RecipientTable/RecipientEIN0741623486
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0P O Box 2682
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Laredo
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd078044
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0true
IRS990ScheduleN/BondLiabilitiesDischargedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0441589
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc172103
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc211479
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02024-03-14
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12024-08-02
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22024-12-20
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0741623486
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1741623486
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN2741623486
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0441589
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt172103
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt211479
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)3
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501(C)3
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt2501(C)3
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0Cash
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1Cash
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2NBV of assets onbook
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0P O Box 2682
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1P O Box 2682
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt2P O Box 2682
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Laredo
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1Laredo
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2Laredo
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0TX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1TX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2TX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd078044
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd178044
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd278044
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Termination of organization - assets transfered to sole memb = -$501421
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Greater Laredo Development Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0741623486
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(4)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Promote Laredo as an industrial site
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO Box 2682
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Laredo
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd078044
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt060488
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Greater Laredo Development Foundation
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

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