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Nonprofiteer
← PODER LEARNING CENTER

Form 990 for tax year 2023

Filed by PODER LEARNING CENTER.

Totals

Total revenue
$5,147,674
Total expenses
$2,831,241
Contributions and grants received
$5,133,501
Grants paid
$43,750
Program service revenue
$0
Investment income
$1,173
Other revenue
$13,000
Total assets, end of year
$7,219,466
Total liabilities, end of year
$945,194
Net assets or fund balances, end of year
$6,274,272
Program services expenses (Part IX)
$1,950,430
Management and general expenses
$700,688
Fundraising expenses
$180,123
Program service expenses (Part III)
$1,950,430

Program services were 68.9% 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.

  • 1c · Fundraising events

    $32,407

  • 1e · Government grants (contributions)

    $4,107,921

  • 1f · All other contributions, gifts and grants

    $993,173

  • 1g · Noncash contributions included above

    $26,799

  • 3 · Investment income

    total $1,173 · unrelated business $0 · excluded $1,173

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $32,407

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue: Forgiven Debt

    total $13,000 · related or exempt $13,000 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $13,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $43,750 · program services $43,750

  • 5 · Compensation of officers, directors and key employees

    total $311,285 · program services $239,689 · management and general $43,580 · fundraising $28,016

  • 7 · Other salaries and wages

    total $1,130,732 · program services $870,663 · management and general $158,303 · fundraising $101,766

  • 8 · Pension plan contributions

    total $13,667 · program services $10,524 · management and general $1,913 · fundraising $1,230

  • 10 · Payroll taxes

    total $124,043 · program services $80,628 · management and general $34,732 · fundraising $8,683

  • 11b · Fees: legal

    total $4,960 · program services $2,155 · management and general $2,549 · fundraising $256

  • 11c · Fees: accounting

    total $32,655 · program services $14,191 · management and general $16,781 · fundraising $1,683

  • 11g · Fees: other

    total $269,091 · program services $131,684 · management and general $125,461 · fundraising $11,946

  • 13 · Office expenses

    total $125,991 · program services $55,747 · management and general $63,670 · fundraising $6,574

  • 16 · Occupancy

    total $25,734 · program services $18,729 · management and general $6,767 · fundraising $238

  • 17 · Travel

    total $12,895 · program services $10,315 · management and general $1,934 · fundraising $646

  • 20 · Interest

    total $131,404 · program services $0 · management and general $131,404 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $221,964 · program services $172,180 · management and general $49,784 · fundraising $0

  • 23 · Insurance

    total $85,312 · program services $68,250 · management and general $17,062 · fundraising $0

  • 24a · Other expenses: Program Instructional Materials

    total $163,372 · program services $163,372 · management and general $0 · fundraising $0

  • 24b · Other expenses: Payroll Processing

    total $28,469 · program services $16,227 · management and general $9,964 · fundraising $2,278

  • 24c · Other expenses: Building Repairs

    total $48,577 · program services $19,432 · management and general $29,145 · fundraising $0

  • 24d · Other expenses: Professional Development

    total $21,825 · program services $13,095 · management and general $7,639 · fundraising $1,091

  • 24e · All other expenses

    total $35,515 · program services $19,799 · management and general $0 · fundraising $15,716

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $621,926 · end of year $464,818

  • 3 · Pledges and grants receivable

    beginning of year $336,596 · end of year $450,697

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,545 · end of year $846

  • 10a · Land, buildings and equipment: cost or other basis

    $6,580,370

  • 10b · Land, buildings and equipment: accumulated depreciation

    $408,869

  • 10c · Land, buildings and equipment, net

    beginning of year $5,328,139 · end of year $6,171,501

  • 15 · Other assets

    beginning of year $277,794 · end of year $131,604

  • 17 · Accounts payable and accrued expenses

    beginning of year $124,030 · end of year $358,220

  • 24 · Unsecured notes and loans payable

    beginning of year $2,490,131 · end of year $586,974

  • 27 · Net assets without donor restrictions

    beginning of year $3,764,206 · end of year $5,924,656

  • 28 · Net assets with donor restrictions

    beginning of year $193,633 · end of year $349,616

Mission and programs · 2023

Mission

The Organization is an immigrant integration center whose mission is to provide the necessary academic tools to promote human dignity, to increase employment potential, and to facilitate participation in the larger community.

  • PODERs Integrated Skills Career Pathway has significantly enhanced quality of life by promoting racial equity, economic mobility, and community resilience. The program has provided a total of 45 combined online and in- person classes, workforce trainings, one-on-one career readiness coaching with Member Advisors, referrals to wraparound services, digital literacy support, financial coaching, community workshops, and critical connections with on-site partners for mental health services and job placement assistance. Other accomplishments include: 4,988 members connected to resources, 1,436 total program enrollment, 316 resumes created, 75% employment retention rate, $21 avg. placement starting wage. PODER HQ serves as an immigrant integration center, welcoming thousands of adults to access essential services, explore new workforce opportunities, and achieve their potential.

    Expenses $1,948,818

  • Oprima-1 Call Center and Staffing Solutions.

    Expenses $1,612

As filed on the 2023 return.

Listed in Part VII

  • Daniel Loftus

    President & CE0

    Total calculated
    $202,499
    From this org
    $196,601
    From related orgs
    $0
    Other
    $5,898
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,601
    Bonus
    $0
    Other
    $0
    Deferred
    $5,898
    Nontaxable benefits
    $0
    Filer's total
    $202,499

  • Jennifer Guzman

    Board Chair

    Total calculated
    $0
    Hours/week
    1

  • Manuel Jimenez

    Board Secretary

    Total calculated
    $0
    Hours/week
    1

  • Juan Pablo Moreno

    Board Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Josh Ellis

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Victoria Gaspar

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Ana Casanueva

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jose Acevedo

    Finance and Data Manager

    Total calculated
    $108,786
    From this org
    $105,618
    From related orgs
    $0
    Other
    $3,168
    Hours/week
    40

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • PODER HQ HOLDINGS LLC

    To acquire real estate · IL · income $2,940,589 · assets $6,306,256

    Directly controlled by PODER

Provenance

Return type
form_990
Tax year
2023
Filed
27 March 2024
IRS schema version
2023v6.0
Source object
202540319349301429

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