Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.05x
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
16th percentile
Higher net margin than 16% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 27.5% of source-year revenue.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
22nd percentile
Faster revenue growth than 22% of similar nonprofits.
Balance Sheet
Assets
Down$157,925
Down $41,571 (-21%) from 2022
Net Assets
Down$149,551
Down $45,659 (-23%) from 2022
Liabilities
Up$8,374
Up $4,088 (+95%) from 2022
Revenue And Expenses
Revenue
Down$172,950
Down $56,707 (-25%) from 2022
Expenses
Up$218,609
Up $135,829 (+164%) from 2022
Net Income
Down-$45,659
Down $192,536 (-131%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2022 to Jun 30, 2023
- Signed
- Oct 20, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $172,950
Mission and Program Overview
Mission
To inspire young underrepresented and marginalized students to see themselves represented in the field of science and technology.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Project LEDO has always believed in the power of partnerships and collaboration. We understand that by joining forces with other local organizations that share our core values, we can make an even bigger impact on the communities we serve. Through these strategic alliances, Project LEDO has formed a strong and united front to address the pressing issues faced by BIPOC communities. Our programs have gone to two new schools and two additional community partners (Cairo and Camp-ELSO) increasing the number of black students and therefore impact. A big accomplishment in our program is the fact that we won a statewide robotics competition. Our team that won was primarily immigrants and people of color. We delivered another 65 computers to our communities of color shortening the digital divide. Our Program has partnered with AT&T in efforts to support our mission. These partnerships have not only increased our resources but also extended our reach into new areas. By collaborating with like-minded organizations, Project LEDO has been able to expand its programs and initiatives to two additional school districts. This means more students from diverse backgrounds now have access to STEM education opportunities. Moreover, these alliances have enabled us to tackle one of the most substantial challenges faced by marginalized communities - the digital divide. By partnering with local organizations that share similar goals and values, Project LEDO is creating a lasting impact on underserved communities. Together, we are making strides towards inspiring BIPOC youth to become leaders in STEM fields while simultaneously addressing critical social issues such as educational inequality and digital access disparities. Through this partnerships Project LEDO has brought resources to the communities in efforts to shorten the digital divide. Through our Lego Robotics program our students get to build leadership skills, communication skills, and more importantly community. | $85,622 | $66,619 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Fidel Ferrer | President Of The Board/CEO | FT | $46,154 | $1,385 | $47,539 |
| Sarah Adams | Vice President Of The Board | - | $0 | - | - |
| Margarita Ferrer Tamayo | Secretary/Co-Vice President | - | $0 | - | - |
| Felicia Wells | Treasurer | - | $0 | - | - |
| Charlene Quaresma | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Project Ledo
- EIN
- 83-3866477
- Phone
- 5034901456
- Address
- 4848 SE 100th Ave, Portland, OR 97266
Signing Officer
- Name
- Fidel Ferrer
- Title
- President of the Board/CEO
- Phone
- 3609108407
- Signed
- 2023-10-20
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 8
“Description;Amount^In kind donations of Lego kits and laptops;15990^Total;15990^”
Form 990-EZ, Part I, Line 16
“Description;Amount^Advertising and Marketing;1058|In kind Donation Expense;15990|Insurance;2095|Meals and Entertainment;3162|Office Expense;1071|Office Furnishings;5624|Professional Development;125|Program Supplies;3722|Technology;1239|Travel;1679|Volunteer Support;2234^Total;37999^”
Form 990-EZ, Part II, Line 24
“Description;EOY Amount^Accounts Receivable;16740|Security Deposits;1750^Total;18490^”
Form 990-EZ, Part II, Line 26
“Description;EOY Amount^Accounts Payable;3844|Payroll Liabilities;4530^Total;8374^”
Raw XML Appendix172 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To inspire young underrepresented and marginalized students to see themselves represented in the field of science and technology. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Project LEDO has always believed in the power of partnerships and collaboration. We understand that by joining forces with other local organizations that share our core values, we can make an even bigger impact on the communities we serve. Through these strategic alliances, Project LEDO has formed a strong and united front to address the pressing issues faced by BIPOC communities. Our programs have gone to two new schools and two additional community partners (Cairo and Camp-ELSO) increasing the number of black students and therefore impact. A big accomplishment in our program is the fact that we won a statewide robotics competition. Our team that won was primarily immigrants and people of color. We delivered another 65 computers to our communities of color shortening the digital divide. Our Program has partnered with AT&T in efforts to support our mission. These partnerships have not only increased our resources but also extended our reach into new areas. By collaborating with like-minded organizations, Project LEDO has been able to expand its programs and initiatives to two additional school districts. This means more students from diverse backgrounds now have access to STEM education opportunities. Moreover, these alliances have enabled us to tackle one of the most substantial challenges faced by marginalized communities - the digital divide. By partnering with local organizations that share similar goals and values, Project LEDO is creating a lasting impact on underserved communities. Together, we are making strides towards inspiring BIPOC youth to become leaders in STEM fields while simultaneously addressing critical social issues such as educational inequality and digital access disparities. Through this partnerships Project LEDO has brought resources to the communities in efforts to shorten the digital divide. Through our Lego Robotics program our students get to build leadership skills, communication skills, and more importantly community. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description;Amount^In kind donations of Lego kits and laptops;15990^Total;15990^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description;Amount^Advertising and Marketing;1058|In kind Donation Expense;15990|Insurance;2095|Meals and Entertainment;3162|Office Expense;1071|Office Furnishings;5624|Professional Development;125|Program Supplies;3722|Technology;1239|Travel;1679|Volunteer Support;2234^Total;37999^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description;EOY Amount^Accounts Receivable;16740|Security Deposits;1750^Total;18490^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description;EOY Amount^Accounts Payable;3844|Payroll Liabilities;4530^Total;8374^ |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 26 |
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| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
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| ReturnHeader/ReturnTs | 0 | 2023-10-20T19:22:52-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-06-30 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $157,925
- Liabilities
- $8,374
- Net assets
- $149,551
- Revenue
- $172,950
- Expenses
- $218,609
- Net income
- -$45,659