Civic Intelligence

The Latino Student Fund

990 • Fiscal year 2017 • EIN 52-1859975

Sep 01, 2016 to Aug 31, 2017 • Filed on May 22, 2018

3480 Woodley Road NW 2nd FloorWashington, DC 20016

(202) 244-3438

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.03x

Higher debt load relative to assets than 47% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

40th percentile

0.01x

Higher debt load relative to revenue than 40% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

87th percentile

$96,055

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 14.3% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

78th percentile

20%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

71st percentile

19%

Faster revenue growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$332,570

Up $56,469 (+20%) from 2016

Net Assets

Up

$323,634

Up $81,713 (+34%) from 2016

Liabilities

Down

$8,936

Down $25,244 (-74%) from 2016

Revenue

Up

$670,167

Up $109,074 (+19%) from 2016

Expenses

Down

$588,454

Down $26,552 (-4.3%) from 2016

Net Income

Up

$81,713

Up $135,626 (+252%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $389,920Liabilities 2010: $0Net Assets 2010: $389,9202010Assets 2011: $431,165Liabilities 2011: $0Net Assets 2011: $431,1652011Assets 2012: $385,874Liabilities 2012: $0Net Assets 2012: $385,8742012Assets 2013: $371,408Liabilities 2013: $3,851Net Assets 2013: $367,5572013Assets 2014: $350,616Liabilities 2014: $9,507Net Assets 2014: $341,1092014Assets 2015: $349,965Liabilities 2015: $23,987Net Assets 2015: $325,9782015Assets 2016: $276,101Liabilities 2016: $34,180Net Assets 2016: $241,9212016Assets 2017: $332,570Liabilities 2017: $8,936Net Assets 2017: $323,6342017Assets 2018: $331,952Liabilities 2018: $8,968Net Assets 2018: $322,9842018Assets 2019: $399,226Liabilities 2019: $13,024Net Assets 2019: $386,2022019Assets 2020: $523,454Liabilities 2020: $26,247Net Assets 2020: $497,2072020Assets 2021: $770,262Liabilities 2021: $10,253Net Assets 2021: $760,0092021Assets 2022: $1,043,757Liabilities 2022: $6,165Net Assets 2022: $1,037,5922022Assets 2023: $950,087Liabilities 2023: $100,609Net Assets 2023: $849,4782023Assets 2024: $889,190Liabilities 2024: $43,927Net Assets 2024: $845,2632024

Highlighted filing

2017

Assets$332,570
Liabilities$8,936
Net Assets$323,634

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $362,1482010Expenses 2011: $424,3692011Expenses 2012: $416,2682012Expenses 2013: $463,3642013Revenue 2014: $510,737Expenses 2014: $504,185Net Income 2014: $6,5522014Revenue 2015: $566,916Expenses 2015: $582,899Net Income 2015: -$15,9832015Revenue 2016: $561,093Expenses 2016: $615,006Net Income 2016: -$53,9132016Revenue 2017: $670,167Expenses 2017: $588,454Net Income 2017: $81,7132017Revenue 2018: $586,257Expenses 2018: $586,907Net Income 2018: -$6502018Revenue 2019: $660,227Expenses 2019: $597,009Net Income 2019: $63,2182019Revenue 2020: $1,023,403Expenses 2020: $912,398Net Income 2020: $111,0052020Revenue 2021: $1,235,382Expenses 2021: $972,580Net Income 2021: $262,8022021Revenue 2022: $1,245,824Expenses 2022: $968,241Net Income 2022: $277,5832022Revenue 2023: $854,771Expenses 2023: $1,042,885Net Income 2023: -$188,1142023Revenue 2024: $1,050,116Expenses 2024: $1,054,331Net Income 2024: -$4,2152024

Highlighted filing

2017

Revenue$670,167
Expenses$588,454
Net Income$81,713
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
May 22, 2018
Return Version
2016v3.1
Gross Receipts
$753,450
Mission and Program Overview

Mission

To provide opportunities for a strong academic foundation for underserved pre-k to 12th grade students of hispanic descent and to promote higher education and professional leadership.

The latino student fund (lsf) is a non-profit organization founded in 1994 in washington, d.c. With a mission to provide opportunities for a strong academic foundation for underserved prek-12th grade students of hispanic descent and to promote higher education and professional leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$272,001$141,651▼ $130,350
Accounts Receivable$3,900$120,000▲ $116,100
Savings and Temporary Cash Investments-$70,919-
Prepaid Expenses and Deferred Charges$200--
Total Assets$276,101$332,570▲ $56,469
Liabilities
Deferred Revenue$24,885--
Accounts Payable and Accrued Expenses$9,295$8,936▼ $359
Total Liabilities$34,180$8,936▼ $25,244
Net Assets / Fund Balance
Unrestricted Net Assets$241,921$233,634▼ $8,287
Temporarily Rstr Net Assets-$90,000-
Total Net Assets Fund Balance$241,921$323,634▲ $81,713
Total Liabilities and Net Assets / Fund Balance$276,101$332,570▲ $56,469

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$11,812$11,812
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maria Fernanda BorjaPresident &FT$93,919$2,136$96,055

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$631,024
Program Service Revenue
$28,480
Investment Income
$468
Other Revenue
$10,195
All Other Contributions
$423,917
Change in Net Assets
$81,713

Audited Revenue Reconciliation

Revenue per Audited Statements
$670,167
Revenue Not Reported on Form 990
$103,283
Total Revenue per Audited Statements
$773,450
Total Revenue per Form 990
$670,167
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$330,622
Other Expenses$206,832
Total Fundraising Expense$84,090
Grants and Similar Amounts Paid$51,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$139,921$22,517$40,824$203,262
Current Officers, Directors, Trustees, and Key Employees$75,688$12,180$13,525$101,393
Grants to Domestic Individuals$51,000--$51,000
Office Expenses$22,629$2,447$1,919$26,995
Conferences and Meetings$21,320$4,355$94$25,769
Fees for Services Other$10,113-$14,259$24,372
Information Technology$3,331$6,758$9,124$19,213
Payroll Taxes$13,460$2,523$840$16,823
Fees for Services Accounting$8,271$6,584$487$15,342
All Other Expenses$10,224-$2,327$12,551
Occupancy$10,770--$10,770
Other Employee Benefits$7,425$1,432$287$9,144
Insurance$6,908$812$404$8,124
Travel$6,957$983-$7,940
Other Expenses$6,765$102-$6,765
Total Functional Expenses$443,671$60,693$84,090$588,454

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$691,737
Expenses per Audited Statements$588,454
Total Expenses per Form 990$588,454
Expenses Not Reported on Form 990$103,283
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$93,478
Fundraising Direct Expenses$83,283
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$171,378$93,478$15,984$77,494
Total Events$171,378$93,478$83,283$10,195
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by management and the board prior to submission with the irs.

Form 990, Page 6, Part VI, Line 12C

All board members are required to disclose any and all activities or interests which could conflict with their performance, duties, or responsibilities to the organization.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, policies, financial statements and form 990 available upon request.

Filing and Contact Details

Filer

Filer Name
Latino Student Fund
EIN
52-1859975
Phone
2022443438
Address
3480 WOODLEY ROAD NW 2ND FLOOR, WASHINGTON, DC 20016

Signing Officer

Name
Maria Fernanda Borja
Title
President & CEO
Phone
2022443438
Signed
2018-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lizette Corro
Formed
1994
Legal Domicile
Dc
Voting Board Members
10
Independent Board Members
10
Employees
10
Volunteers
260

Preparer

Firm
Toal Murray Day & Lalor LLC
Address
130 ADMIRAL COCHRANE DR SUITE 200, ANNAPOLIS, MD 21401-7368
Preparer
Thaddeus N Toal CPA
Phone
4102240343
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The latino student fund (lsf) is a non-profit organization founded in 1994 in washington, d.c. With a mission to provide opportunities for a strong academic foundation for underserved prek-12th grade students of hispanic descent and to promote higher education and professional leadership.

Form 990, Page 2, Part III, Line 4A

Basics of the college admissions process. The program provides guided college research, post-secondary admissions, financial aid, and financial literacy workshops, networking with college students and career professionals, a full day college visit, and a career day trip to local businesses.

Form 990, Page 2, Part III, Line 4B

As family workshops. The latino student fund discontinued the scholars program after meeting with stakeholders and schools and discussing the impact of these small stipends. Students previously enrolled in the program have been grandfathered for services until they graduate from high school.

Form 990, Page 2, Part III, Line 4D

Tutoring computer literacy class (2015 - present)-the computer literacy course provides parents tools to further their career development and allows the latino student fund to provide cross-program support. Offered in partnership with byteback, the course focuses on understanding the computer, typing, emailing, document creation, as well as how to navigate the internet. English as a second language class (2005 - present)-the latino student fund began offering esl classes for parents of tutoring students and in recent years opened the classes to members of the community. The two levels of esl classes aim to increase functional and conversational english, particularly for navigating the school environment, as well as to teach parents the methods used in the tutoring program and how to replicate them in any language at home. Prek-12 tutoring program 1998 - present)-an out-of-school-time program that provides individualized academic support to help at-risk prek-12th grade students build proficiency in reading and math each saturday morning during the school year. The latino student fund also offers scholarships to summer programs donated by local schools and community organizations.

Form 990, Part XI, Line 9

Net of special events 83,283 net of special events -83,283

Financial Statement Notes

Schedule D, Page 3, Part X

The latino student fund is exempt under section 501(c)(3) of the internal revenue code and is classified as an organization which is not a private foundation. The latino student fund's informational return filings are subject to audit by the internal revenue service, generally for three years after filing.

Schedule D, Page 4, Part XI, Line 2D

Net of special events 83,283

Schedule D, Page 4, Part XII, Line 2D

Net of special events 83,283

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IRS990/Desc0LISTO LISTO (2010 - PRESENT)-LISTO WORKS WITH 11TH - 12TH GRADE YOUTH TO PREPARE THEM ACADEMICALLY FOR POST-SECONDARY EDUCATION AND TO PROVIDE THEM WITH SUPPORT THROUGH THE COLLEGE APPLICATION AND FINANCIAL AID PROCESS. THE PROGRAM INCLUDES HOMEWORK ASSISTANCE, COLLEGE APPLICATION ASSISTANCE, FINANCIAL LITERACY WORKSHOPS, CAREER COUNSELING, AND MENTORING. THE LATINO STUDENT FUND ALSO HOSTS A COLLEGE AND SCHOLARSHIP FAIR AND SAT PREPARATION COURSE. LISTO RPIDO (2010 - PRESENT)-LISTO RAPIDO IS A ONE-WEEK INTENSIVE SUMMER COLLEGE PREP COURSE THAT TEACHES RISING 10TH - 12TH GRADE STUDENTS THE BASICS OF THE COLLEGE ADMISSIONS PROCESS. THE PROGRAM PROVIDES GUIDED COLLEGE RESEARCH, POST-SECONDARY ADMISSIONS, FINANCIAL AID, AND FINANCIAL LITERACY WORKSHOPS, NETWORKING WITH COLLEGE STUDENTS AND CAREER PROFESSIONALS, A FULL DAY COLLEGE VISIT, AND A CAREER DAY TRIP TO LOCAL BUSINESSES.
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IRS990/MissionDesc0THE LATINO STUDENT FUND (LSF) IS A NON-PROFIT ORGANIZATION FOUNDED IN 1994 IN WASHINGTON, D.C. WITH A MISSION TO PROVIDE OPPORTUNITIES FOR A STRONG ACADEMIC FOUNDATION FOR UNDERSERVED PREK-12TH GRADE STUDENTS OF HISPANIC DESCENT AND TO PROMOTE HIGHER EDUCATION AND PROFESSIONAL LEADERSHIP.
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IRS990/OfficeExpensesGrp/TotalAmt026995
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt09144
IRS990/OtherExpensesGrp/Desc0STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc1FOOD AND CATERING
IRS990/OtherExpensesGrp/Desc2RECRUIMENT & OUTREACH
IRS990/OtherExpensesGrp/Desc3OTHER SPECIAL EVENTS
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IRS990/OtherExpensesGrp/ProgramServicesAmt115452
IRS990/OtherExpensesGrp/ProgramServicesAmt28995
IRS990/OtherExpensesGrp/ProgramServicesAmt36765
IRS990/OtherExpensesGrp/TotalAmt024442
IRS990/OtherExpensesGrp/TotalAmt115554
IRS990/OtherExpensesGrp/TotalAmt28995
IRS990/OtherExpensesGrp/TotalAmt36765
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt022517
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0139921
IRS990/OtherSalariesAndWagesGrp/TotalAmt0203262
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IRS990/PayrollTaxesGrp/FundraisingAmt0840
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IRS990/PayrollTaxesGrp/ProgramServicesAmt013460
IRS990/PayrollTaxesGrp/TotalAmt016823
IRS990/PoliticalCampaignActyInd0false
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IRS990/PrincipalOfficerNm0LIZETTE CORRO
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IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM INCOME
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11782
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11782
IRS990/ProgSrvcAccomActy2Grp/Desc0FAMILY RESOURCES ACCESS PROGRAM (2011 - PRESENT)-THE ACCESS PROGRAM PROVIDES PARENT WORKSHOPS, SCHOOL FAIRS, AND INDIVIDUALIZED CONSULTATIONS FOR STUDENTS APPLYING TO INDEPENDENT AND PAROCHIAL SCHOOLS FOR GRADES PREK-12 IN THE WASHINGTON, DC AREA. OUR ORGANIZATION'S WORK IN THE PAST:-SCHOLARS PROGRAM (1994 - PRESENT)MERIT-BASED TUITION STIPENDS FOR PREK-12TH GRADE HISPANIC STUDENTS ATTENDING LOCAL INDEPENDENT AND PAROCHIAL SCHOOLS. SCHOLARSHIPS WERE RENEWABLE DEPENDING ON THE SCHOLARS' CONTINUED COMPLIANCE WITH ELIGIBILITY REQUIREMENTS. THE PROGRAM ALSO INCLUDED EVENTS THROUGHOUT THE YEAR AS WELL AS FAMILY WORKSHOPS. THE LATINO STUDENT FUND DISCONTINUED THE SCHOLARS PROGRAM AFTER MEETING WITH STAKEHOLDERS AND SCHOOLS AND DISCUSSING THE IMPACT OF THESE SMALL STIPENDS. STUDENTS PREVIOUSLY ENROLLED IN THE PROGRAM HAVE BEEN GRANDFATHERED FOR SERVICES UNTIL THEY GRADUATE FROM HIGH SCHOOL.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0122699
IRS990/ProgSrvcAccomActy2Grp/GrantAmt051000
IRS990/ProgSrvcAccomActy3Grp/Desc0MENTORING TE GUIO (2016 - PRESENT)-CREATED AS PART OF THE DC MAYOR'S EMPOWERING MALES OF COLOR INITIATIVE, TE GUIO PROVIDES YOUTH IN 9TH - 10TH GRADE WITH A MENTOR TO GUIDE THEM ON THE PATH TO GRADUATE HIGH SCHOOL, ENROLL IN HIGHER EDUCATION, AND TRANSITION TO A HEALTHY ADULTHOOD. ONCE STUDENTS COMPLETE THE TE GUIO PROGRAM, THEY ARE TRANSITIONED INTO THE LISTO PROGRAM.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt092018
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt026698
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TUTORING COMPUTER LITERACY CLASS (2015 - PRESENT)-THE COMPUTER LITERACY COURSE PROVIDES PARENTS TOOLS TO FURTHER THEIR CAREER DEVELOPMENT AND ALLOWS THE LATINO STUDENT FUND TO PROVIDE CROSS-PROGRAM SUPPORT. OFFERED IN PARTNERSHIP WITH BYTEBACK, THE COURSE FOCUSES ON UNDERSTANDING THE COMPUTER, TYPING, EMAILING, DOCUMENT CREATION, AS WELL AS HOW TO NAVIGATE THE INTERNET. ENGLISH AS A SECOND LANGUAGE CLASS (2005 - PRESENT)-THE LATINO STUDENT FUND BEGAN OFFERING ESL CLASSES FOR PARENTS OF TUTORING STUDENTS AND IN RECENT YEARS OPENED THE CLASSES TO MEMBERS OF THE COMMUNITY. THE TWO LEVELS OF ESL CLASSES AIM TO INCREASE FUNCTIONAL AND CONVERSATIONAL ENGLISH, PARTICULARLY FOR NAVIGATING THE SCHOOL ENVIRONMENT, AS WELL AS TO TEACH PARENTS THE METHODS USED IN THE TUTORING PROGRAM AND HOW TO REPLICATE THEM IN ANY LANGUAGE AT HOME. PREK-12 TUTORING PROGRAM 1998 - PRESENT)-AN OUT-OF-SCHOOL-TIME PROGRAM THAT PROVIDES INDIVIDUALIZED ACADEMIC SUPPORT TO HELP AT-RISK PREK-12TH GRADE STUDENTS BUILD PROFICIENCY IN READING AND MATH EACH SATURDAY MORNING DURING THE SCHOOL YEAR. THE LATINO STUDENT FUND ALSO OFFERS SCHOLARSHIPS TO SUMMER PROGRAMS DONATED BY LOCAL SCHOOLS AND COMMUNITY ORGANIZATIONS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt086470
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IRS990/PYTotalRevenueAmt0561093
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IRS990/RevenueAmt01782
IRS990/SavingsAndTempCashInvstGrp/EOYAmt070919
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0502646
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0558286
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0477506
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0393940
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02563402
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0468
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01164
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01162
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0267446
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt093478
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IRS990ScheduleA/PublicSupportPY170Pct00.91860
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IRS990ScheduleA/SubstantialContributorsTotAmt0309198
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0631024
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0477506
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0393940
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02563402
IRS990ScheduleA/TotalSupportAmt02660840
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IRS990ScheduleD/DonatedServicesUseFcltsAmt020000
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011812
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011812
IRS990ScheduleD/ExpensesNotReportedAmt0103283
IRS990ScheduleD/ExpensesSubtotalAmt0588454
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt083283
IRS990ScheduleD/OtherRevenueAmt083283
IRS990ScheduleD/RevenueNotReportedAmt0103283
IRS990ScheduleD/RevenueSubtotalAmt0670167
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE LATINO STUDENT FUND IS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS AN ORGANIZATION WHICH IS NOT A PRIVATE FOUNDATION. THE LATINO STUDENT FUND'S INFORMATIONAL RETURN FILINGS ARE SUBJECT TO AUDIT BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER FILING.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NET OF SPECIAL EVENTS 83,283
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2NET OF SPECIAL EVENTS 83,283
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleD/TotalRevenuePerForm990Amt0670167
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0691737
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt047
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS ON A CASE-BY-CASE BASIS. IN ALL CASES THE ORGANIZATION PROVIDES ALL FUNDS TO THE SCHOOLS IN THE NAME OF EACH INDIVIDUAL.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE LATINO STUDENT FUND (LSF) IS A NON-PROFIT ORGANIZATION FOUNDED IN 1994 IN WASHINGTON, D.C. WITH A MISSION TO PROVIDE OPPORTUNITIES FOR A STRONG ACADEMIC FOUNDATION FOR UNDERSERVED PREK-12TH GRADE STUDENTS OF HISPANIC DESCENT AND TO PROMOTE HIGHER EDUCATION AND PROFESSIONAL LEADERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BASICS OF THE COLLEGE ADMISSIONS PROCESS. THE PROGRAM PROVIDES GUIDED COLLEGE RESEARCH, POST-SECONDARY ADMISSIONS, FINANCIAL AID, AND FINANCIAL LITERACY WORKSHOPS, NETWORKING WITH COLLEGE STUDENTS AND CAREER PROFESSIONALS, A FULL DAY COLLEGE VISIT, AND A CAREER DAY TRIP TO LOCAL BUSINESSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AS FAMILY WORKSHOPS. THE LATINO STUDENT FUND DISCONTINUED THE SCHOLARS PROGRAM AFTER MEETING WITH STAKEHOLDERS AND SCHOOLS AND DISCUSSING THE IMPACT OF THESE SMALL STIPENDS. STUDENTS PREVIOUSLY ENROLLED IN THE PROGRAM HAVE BEEN GRANDFATHERED FOR SERVICES UNTIL THEY GRADUATE FROM HIGH SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TUTORING COMPUTER LITERACY CLASS (2015 - PRESENT)-THE COMPUTER LITERACY COURSE PROVIDES PARENTS TOOLS TO FURTHER THEIR CAREER DEVELOPMENT AND ALLOWS THE LATINO STUDENT FUND TO PROVIDE CROSS-PROGRAM SUPPORT. OFFERED IN PARTNERSHIP WITH BYTEBACK, THE COURSE FOCUSES ON UNDERSTANDING THE COMPUTER, TYPING, EMAILING, DOCUMENT CREATION, AS WELL AS HOW TO NAVIGATE THE INTERNET. ENGLISH AS A SECOND LANGUAGE CLASS (2005 - PRESENT)-THE LATINO STUDENT FUND BEGAN OFFERING ESL CLASSES FOR PARENTS OF TUTORING STUDENTS AND IN RECENT YEARS OPENED THE CLASSES TO MEMBERS OF THE COMMUNITY. THE TWO LEVELS OF ESL CLASSES AIM TO INCREASE FUNCTIONAL AND CONVERSATIONAL ENGLISH, PARTICULARLY FOR NAVIGATING THE SCHOOL ENVIRONMENT, AS WELL AS TO TEACH PARENTS THE METHODS USED IN THE TUTORING PROGRAM AND HOW TO REPLICATE THEM IN ANY LANGUAGE AT HOME. PREK-12 TUTORING PROGRAM 1998 - PRESENT)-AN OUT-OF-SCHOOL-TIME PROGRAM THAT PROVIDES INDIVIDUALIZED ACADEMIC SUPPORT TO HELP AT-RISK PREK-12TH GRADE STUDENTS BUILD PROFICIENCY IN READING AND MATH EACH SATURDAY MORNING DURING THE SCHOOL YEAR. THE LATINO STUDENT FUND ALSO OFFERS SCHOLARSHIPS TO SUMMER PROGRAMS DONATED BY LOCAL SCHOOLS AND COMMUNITY ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD PRIOR TO SUBMISSION WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY AND ALL ACTIVITIES OR INTERESTS WHICH COULD CONFLICT WITH THEIR PERFORMANCE, DUTIES, OR RESPONSIBILITIES TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS AND FORM 990 AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NET OF SPECIAL EVENTS 83,283 NET OF SPECIAL EVENTS -83,283
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.89$0.04$0.85$1.05$1.05$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.95$0.10$0.85$0.85$1.04$0.19
2022Detailed filing. Detailed filing data is available for this year.$1.04$0.01$1.04$1.25$0.97$0.28
2021Detailed filing. Detailed filing data is available for this year.$0.77$0.01$0.76$1.24$0.97$0.26
2020Detailed filing. Detailed filing data is available for this year.$0.52$0.03$0.50$1.02$0.91$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.40$0.01$0.39$0.66$0.60$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$0.59$0.59$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$0.67$0.59$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.28$0.03$0.24$0.56$0.62$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.35$0.02$0.33$0.57$0.58$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.35$0.01$0.34$0.51$0.50$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.00$0.39$0.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.00$0.43$0.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.00$0.39$0.36