Civic Intelligence

Acevedo Foundation

990EZ • Fiscal year 2020 • EIN 84-2377170

Jan 01, 2020 to Dec 31, 2020 • Filed on May 17, 2021

Organization ProfileWWW.ACEVEDO.FOUNDATION
1023 Maple StreetSanta Monica, CA 90405

(310) 890-9321

Siviq Scores

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

Liabilities / Assets

95th percentile

1.28x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

8.05x

Higher debt load relative to revenue than 99% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

10th percentile

-69%

Higher net margin than 10% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets95th percentile

Assets

$109,147

No earlier filing loaded for comparison.

Net Assets

-$30,201

No earlier filing loaded for comparison.

Liabilities

$139,348

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin10th percentile

Revenue

$17,307

No earlier filing loaded for comparison.

Expenses

$29,306

No earlier filing loaded for comparison.

Net Income

-$11,999

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$400K$300K$200K$100K$0-$100KAssets 2020: $109,147Liabilities 2020: $139,348Net Assets 2020: -$30,2012020Assets 2021: $123,684Liabilities 2021: $153,885Net Assets 2021: -$30,2012021Assets 2022: $271,846Liabilities 2022: $302,047Net Assets 2022: -$30,2012022Assets 2024: $20,017Liabilities 2024: $50,218Net Assets 2024: -$30,2012024

Highlighted filing

2020

Assets$109,147
Liabilities$139,348
Net Assets-$30,201
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500KRevenue 2020: $17,307Expenses 2020: $29,306Net Income 2020: -$11,9992020Revenue 2021: $1,084,550Expenses 2021: $1,084,550Net Income 2021: $02021Revenue 2022: $834,023Expenses 2022: $834,023Net Income 2022: $02022Revenue 2024: $289,636Expenses 2024: $289,636Net Income 2024: $02024

Highlighted filing

2020

Revenue$17,307
Expenses$29,306
Net Income-$11,999
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 17, 2021
Return Version
2020v4.1
Gross Receipts
$17,307
Mission and Program Overview

Mission

The acevedo foundation empowers the next generation of latino leaders by creating equitable access to capital, closing the educational gap, and promoting economic mobility and inclusion.

Program Services

DescriptionGrantsExpenses
LAUNCHED LA COLLAB PROGRAM TO DOUBLE LATINO REPRESENTATION AND JOB CREATION AT THE INTERSECTION OF MEDIA, ENTERTAINMENT, TECHNOLOGY, AND ADVOCACY. PARTNERS IN THIS EFFORT INCLUDE THE MAJOR'S FUND FROM THE CITY OF LOS ANGELES AND OVER 50 ENTERTAINMENT LEADERS, STUDIOS, NETOWORKS, AND STREAMING SERVICES. (WWW.LACOLLAB.ORG) CO-LAUNCHED THE PLEDGELA FOUNDERS FUND (WWW.PLEDGELA.ORG/FOUNDERSFUND) TO PROVIDE TECHNICAL ASSISTANCE AND NON-EQUITY CAPITAL STIPENDS TO EARLY -STAGE BLACK AND LATINX ENTREPRENEURS. SELECTED PILOT COHORT OF 20 COMPANIES TO RECEIVE TECHNICAL ASSISTANCE IN 2021--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BEATRIZ ACEVEDOPresidentPT$0--
AXEL W CABALLEROTreasurer-$0--
MICHAEL DE LA ROSASecretary-$0--
Filing and Contact Details

Filer

Filer Name
Acevedo Foundation
EIN
84-2377170
Phone
3108909321
Address
1023 MAPLE STREET, SANTA MONICA, CA 90405

Signing Officer

Name
Beatriz Acevedo
Title
Director
Phone
3108909321
Signed
2021-05-17
Discuss with paid preparer
No

Preparer

Firm
H and R Block
Address
355 K ST, CHULA VISTA, CA 91911
Preparer
Nury Saenz Ea
Phone
6194254804
Supplemental Narrative

Additional Explanations

Schedule B

“Second year of organization”

990-ex Part II

“ACCOUNTS RECEIVABLE”

990EX Part II

“LONG TERM LIABILITIES”

Raw XML Appendix118 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HR BLOCK
IRS990EZ/BooksInCareOfDetail/PhoneNum06194254804
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0355 K STREET STE E
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chula Vista
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091911
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt095142
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt017307
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-11999
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09793
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0109147
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt017307
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartIVInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-18202
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-30201
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-18202
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-30201
IRS990EZ/OccupancyRentUtltsAndMaintAmt016821
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BEATRIZ ACEVEDO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1AXEL W CABALLERO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MICHAEL DE LA ROSA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt014005
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ACEVEDO FOUNDATION EMPOWERS THE NEXT GENERATION OF LATINO LEADERS BY CREATING EQUITABLE ACCESS TO CAPITAL, CLOSING THE EDUCATIONAL GAP, AND PROMOTING ECONOMIC MOBILITY AND INCLUSION.
IRS990EZ/PrintingPublicationsPostageAmt02692
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LAUNCHED LA COLLAB PROGRAM TO DOUBLE LATINO REPRESENTATION AND JOB CREATION AT THE INTERSECTION OF MEDIA, ENTERTAINMENT, TECHNOLOGY, AND ADVOCACY. PARTNERS IN THIS EFFORT INCLUDE THE MAJOR'S FUND FROM THE CITY OF LOS ANGELES AND OVER 50 ENTERTAINMENT LEADERS, STUDIOS, NETOWORKS, AND STREAMING SERVICES. (WWW.LACOLLAB.ORG) CO-LAUNCHED THE PLEDGELA FOUNDERS FUND (WWW.PLEDGELA.ORG/FOUNDERSFUND) TO PROVIDE TECHNICAL ASSISTANCE AND NON-EQUITY CAPITAL STIPENDS TO EARLY -STAGE BLACK AND LATINX ENTREPRENEURS. SELECTED PILOT COHORT OF 20 COMPANIES TO RECEIVE TECHNICAL ASSISTANCE IN 2021
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt018202
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0139348
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt029306
IRS990EZ/TotalRevenueAmt017307
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://WWW.ACEVEDO.FOUNDATION/
IRS990ScheduleA/FactsAndCircumstancesTestTxt0NO COMPENSATION
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0NO COMPENSATION
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt017307
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt017307
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt017307
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt017307
IRS990ScheduleA/Total509Grp/TotalAmt017307
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt017307
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt017307
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SECOND YEAR OF ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LONG TERM LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990-EX PART II
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2990EX PART II
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0BEATRIZ ACEVEDO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03108909321
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ACEVEDO FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ACEV
ReturnHeader/Filer/EIN0842377170
ReturnHeader/Filer/PhoneNum03108909321
ReturnHeader/Filer/USAddress/AddressLine1Txt01023 MAPLE STREET
ReturnHeader/Filer/USAddress/CityNm0SANTA MONICA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090405
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0330955112
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0H AND R BLOCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0355 K ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHULA VISTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091911
ReturnHeader/PreparerPersonGrp/PhoneNum06194254804
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NURY SAENZ EA
ReturnHeader/ReturnTs02021-11-01T23:20:35Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BEATRIZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ACEVEDO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$109,147
Liabilities
$139,348
Net assets
-$30,201
Revenue
$17,307
Expenses
$29,306
Net income
-$11,999
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.02$0.05$0.03$0.29$0.29$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.27$0.30$0.03$0.83$0.83$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.12$0.15$0.03$1.08$1.08$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.11$0.14$0.03$0.02$0.03$0.01