Form 990 for tax year 2022
Filed by LA BECA WOMENS SCHOLARSHIP FOUNDATION.
Totals
- Total revenue
- $109,923
- Total expenses
- $143,058
- Contributions and grants received
- $0
- Grants paid
- $135,460
- Program service revenue
- $110,365
- Investment income
- -$442
- Other revenue
- $0
- Total assets, end of year
- $30,548
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $30,548
- Program services expenses (Part IX)
- $136,567
- Management and general expenses
- $4,324
- Fundraising expenses
- $2,167
- Program service expenses (Part III)
- $136,567
Program services were 95.5% 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.
-
2a · Program service revenue: Direct Public Support
total $110,365 · related or exempt $110,365
-
2b · Program service revenue: Gift in kind - Goods
-
3 · Investment income
total $81 · related or exempt $81
-
7a · Gross sales of assets other than inventory
securities -$523
-
7c · Gain or loss
securities -$523
-
7d · Net gain or loss
total -$523 · related or exempt -$523
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $70,495 · program services $70,495
-
3 · Grants to foreign organizations and individuals
total $64,965 · program services $64,965
-
11c · Fees: accounting
total $1,556 · management and general $1,556
-
13 · Office expenses
total $955 · management and general $955
-
23 · Insurance
total $854 · management and general $854
-
24a · Other expenses: Internet
total $263 · management and general $263
-
24b · Other expenses: Postage Mailing Service
total $549 · fundraising $549
-
24c · Other expenses: Printing and Copying
total $1,547 · fundraising $1,547
-
24d · Other expenses: Supplies
total $71 · fundraising $71
-
24e · All other expenses
total $1,803 · program services $1,107 · management and general $696
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $62,183 · end of year $30,548
-
3 · Pledges and grants receivable
beginning of year $1,500
-
27 · Net assets without donor restrictions
beginning of year $62,183 · end of year $30,548
-
28 · Net assets with donor restrictions
beginning of year $1,500
Mission and programs · 2022
Mission
LABECA WOMENS SCHOLARSHIP FOUNDATION PROVIDES EDUCATIONAL OPPORTUNITIES FOR LOW INCOME WOMEN AND GIRLS IN CENTRAL AMERICA, SOUTH AMERICA & THE CARIBBEAN.FOUNDED IN 2005 THE FOUNDATION CURRENTLY SUPPORTS OVER 40 SCHOLARS. SEE SCHEDULE O.
-
LABECA GIVES SUPPORT THROUGH NON-PROFIT ORGANIZATIONS, EDUCATIONAL INSTITUTIONS AND DIRECT TUITION GRANTS TO INDIVIDUALS AND THEIR SCHOOLS. THE FUNDS PROVIDE SUPPORT FOR LOW-INCOME WOMEN & GIRLS WHO ARE PURSING EDUCATIONAL OPBJECTIVES. IN SOME CASES, FUNDS WERE PROVIDED FOR COMPUTERS TO ENABLE SCHOLARS TO ATTEND CLASS ON-LINE. IN 2021 STUDENTS IN UNIVERSITY STUDIED DENTISTRY, MEDICINE, NURSING, TOURISM, FINANCE, AND BUSINESS. LABECA SCHOLARS GRADUATED FROM HIGH SCHOOL AND SUBSEQUENTLY ENROLLED AS A UNIVERSITY STUDENT IN HONDURAS. THE REST ARE IN PRIMARY AND SECONDARY SCHOOLS WITH MANY IN BILINGUAL PROGRAMS.
Expenses $136,567 · Grants $136,567
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Carmen Tobar
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rey Decerega
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kris Amundson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joanne Newton
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sara Conrath
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Anne Reed
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Margaret Millar
President
- Total calculated
- $0
- Hours/week
- 1
-
Kelly Jeffers
Vice President
- Total calculated
- $0
- Hours/week
- 2
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
-
$43,490
Education Scholarships
-
$11,250
Education Scholarships
-
Education Scholarships
-
$4,224
Education Scholarships
-
$3,067
Education Scholarships
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 7 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313179349302676
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