Totals
- Total revenue
- $305,759
- Total expenses
- $177,156
- Contributions and grants received
- $305,759
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $168,605
- Total liabilities, end of year
- $38,135
- Net assets or fund balances, end of year
- $130,470
- Program services expenses (Part IX)
- $137,429
- Management and general expenses
- $39,727
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $138,059
Program services were 77.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$305,759
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $69,779 · program services $48,845 · management and general $20,934
-
9 · Other employee benefits
total $9,456 · program services $6,619 · management and general $2,837
-
10 · Payroll taxes
total $4,978 · program services $3,296 · management and general $1,682
-
11a · Fees: management
total $35,000 · program services $35,000
-
11b · Fees: legal
total $45,683 · program services $37,455 · management and general $8,228
-
13 · Office expenses
total $92 · management and general $92
-
14 · Information technology
total $582 · management and general $582
-
17 · Travel
total $6,214 · program services $6,214
-
23 · Insurance
total $1,857 · management and general $1,857
-
24a · Other expenses: Emp Training
total $3,515 · management and general $3,515
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $143,605
-
3 · Pledges and grants receivable
end of year $25,000
-
17 · Accounts payable and accrued expenses
end of year $13,135
-
19 · Deferred revenue
end of year $25,000
-
27 · Net assets without donor restrictions
end of year $130,470
Mission and programs · 2022
Mission
SLF mission is to reconstruct predatory higher education lending syste promoting free college education and cancellation of student debt .
Activities or mission (Part I)
SLF is organizing student loan borrowers to cancel student debt by developing their leadership and organizing skills
-
SLF is working collaboratively with other education mission organizations to alert student loan borrowers of legislative rulings that could potentially reduce or cancel student loan debt (i.e Public Service Loan Cancellation under the COVID Relief Act). As a result, many student loan borrowers have received or are closer to receiving debt cancellation through Public Service Loan Forgiveness. We continually give student borrowers access to resources to assist in getting loans reduced or cancelled.
Expenses $138,059 · Revenue $305,759
As filed on the 2022 return.
Listed in Part VII
-
Anne WatkinsANNE WATKINS
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Fahd VahidyFAHD VAHIDY
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Cristher S Estrada-PerezCRISTHER S ESTRADA-PEREZ
Executive Director
- Total calculated
- $70,000
- From this org
- $70,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 60
-
Lindsey TengatengaLINDSEY TENGATENGA
Baord Member
- Total calculated
- $0
- Hours/week
- 1
-
Joel Hicks-RiveraJOEL HICKS-RIVERA
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Marina RodriguezMARINA RODRIGUEZ
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Luke HerrineLUKE HERRINE
Board Member
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323199349317662
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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