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Nonprofiteer
← LA PLAZA INC

Form 990 for tax year 2024

Filed by LA PLAZA INC.

Totals

Total revenue
$1,595,754
Total expenses
$2,160,835
Contributions and grants received
$1,291,333
Grants paid
$397,922
Program service revenue
$40,656
Investment income
$336,981
Other revenue
-$73,216
Total assets, end of year
$10,678,757
Total liabilities, end of year
$110,990
Net assets or fund balances, end of year
$10,567,767
Program services expenses (Part IX)
$1,567,669
Management and general expenses
$566,429
Fundraising expenses
$26,737
Program service expenses (Part III)
$1,567,669

Program services were 72.5% 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.

  • 1a · Federated campaigns

    $120,000

  • 1c · Fundraising events

    $215,146

  • 1e · Government grants (contributions)

    $109,286

  • 1f · All other contributions, gifts and grants

    $846,901

  • 1g · Noncash contributions included above

    $34,750

  • 2a · Program service revenue: CONTRACTUAL SERVICE RE

    total $31,525 · related or exempt $31,525

  • 2b · Program service revenue: PROGRAM SERVICE FEES

    total $9,131 · related or exempt $9,131

  • 3 · Investment income

    total $280,578 · excluded $280,578

  • 7a · Gross sales of assets other than inventory

    securities $56,403

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $56,403

  • 7d · Net gain or loss

    total $56,403 · excluded $56,403

  • 8a · Fundraising events: gross income

    $23,776

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

    $215,146

  • 8b · Fundraising events: direct expenses

    $97,992

  • 8c · Net income from fundraising events

    total -$74,216 · excluded -$74,216

  • 11a · Other revenue: OTHER REVENUE

    total $1,000 · related or exempt $1,000

  • 11e · Other revenue, total

    $1,000

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $397,922 · program services $397,922

  • 5 · Compensation of officers, directors and key employees

    total $154,865 · program services $110,472 · management and general $43,057 · fundraising $1,336

  • 7 · Other salaries and wages

    total $660,940 · program services $445,930 · management and general $208,538 · fundraising $6,472

  • 9 · Other employee benefits

    total $164,311 · program services $117,210 · management and general $45,683 · fundraising $1,418

  • 10 · Payroll taxes

    total $68,236 · program services $48,676 · management and general $18,971 · fundraising $589

  • 11c · Fees: accounting

    total $81,273 · management and general $81,273

  • 11f · Fees: investment management

    total $23,188 · management and general $23,188

  • 11g · Fees: other

    total $285,645 · program services $251,704 · management and general $33,941

  • 12 · Advertising and promotion

    total $47,441 · program services $4,550 · management and general $38,341 · fundraising $4,550

  • 13 · Office expenses

    total $49,789 · program services $26,322 · management and general $19,450 · fundraising $4,017

  • 14 · Information technology

    total $61,889 · program services $48,911 · management and general $12,133 · fundraising $845

  • 16 · Occupancy

    total $68,524 · program services $50,466 · management and general $12,590 · fundraising $5,468

  • 17 · Travel

    total $31,901 · program services $22,187 · management and general $8,810 · fundraising $904

  • 22 · Depreciation, depletion and amortization

    total $18,100 · program services $12,121 · management and general $5,387 · fundraising $592

  • 23 · Insurance

    total $15,600 · program services $10,093 · management and general $4,961 · fundraising $546

  • 24a · Other expenses: PROGRAM COSTS

    total $20,250 · program services $20,068 · management and general $182

  • 24b · Other expenses: LICENSES & PERMITS

    total $10,961 · program services $1,037 · management and general $9,924

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $23,881 · end of year $19,648

  • 2 · Savings and temporary cash investments

    beginning of year $4,316,853 · end of year $3,963,381

  • 3 · Pledges and grants receivable

    beginning of year $662,166 · end of year $543,671

  • 4 · Accounts receivable

    beginning of year $1,755 · end of year $3,486

  • 9 · Prepaid expenses and deferred charges

    beginning of year $20,805 · end of year $22,352

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

    $166,975

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

    $137,556

  • 10c · Land, buildings and equipment, net

    beginning of year $44,053 · end of year $29,419

  • 12 · Investments: other securities

    beginning of year $5,663,729 · end of year $6,096,800

  • 17 · Accounts payable and accrued expenses

    beginning of year $78,430 · end of year $110,990

  • 27 · Net assets without donor restrictions

    beginning of year $1,460,519 · end of year $1,536,542

  • 28 · Net assets with donor restrictions

    beginning of year $9,194,293 · end of year $9,031,225

Mission and programs · 2024

Mission

LA PLAZA STRENGTHENS CENTRAL INDIANA BY ADVOCATING AND PREPARING LATINO STUDENTS FOR EDUCATIONAL SUCCESS AND BY CONNECTING LATINO FAMILIES TO HEALTH AND SOCIAL SERVICES.

  • HEALTH AND SOCIAL SERVICES PROGRAMS: LA PLAZA OFFERS HEALTH AND SOCIAL SERVICES THAT TARGET AND MEET THE NEEDS OF THE LATINO COMMUNITY. THIS INCLUDES, BUT IS NOT LIMITED TO WIC, IMMUNIZATION CLINICS, EMERGENCY ASSISTANCE WITH RENT/MORTGAGE AND UTILITIES, EMPLOYMENT COUNSELING, FOOD ACCESS, SERVICES FOR VICTIMS OF DOMESTIC VIOLENCE AND HOLIDAY ASSISTANCE. THESE PROGRAMS SERVED 2,032 INDIVIDUALS IN THE 2024 CALENDAR YEAR.

    Expenses $1,116,217 · Grants $316,581 · Revenue $41,656

  • EDUCATION PROGRAMS: LA PLAZA'S TU FUTURO PROGRAM ENCOURAGES AND SUPPORTS LATINO YOUTH TO PURSUE A POST SECONDARY EDUCATION THROUGH A SERIES OF WORKSHOPS, PRESENTATIONS, INDIVIDUAL CONSULTATIONS, COLLEGE VISITS AND COMMUNITY SERVICE PROJECTS. STUDENTS ARE PROVIDED WITH INFORMATION ABOUT THE COLLEGE APPLICATION PROCESS, FINANCIAL AID AND SCHOLARSHIPS. THIS PROGRAM SERVED 275 STUDENTS IN 2024. IN ADDITION, LA PLAZA OFFERS TWO SUMMER ACADEMIC CAMPS: SUMMER DISCOVERY FOR ELEMENTARY AGE STUDENTS AND THE LEADERSHIP INSTITUTE FOR LATINO YOUTH FOR HIGH SCHOOL STUDENTS. BOTH PROGRAMS ARE FIVE WEEKS LONG AND INCLUDE READING, MATH, ARTS, PHYSICAL EDUCATION, LEADERSHIP AND TECHNOLOGICAL DEVELOPMENT, FIELD TRIPS, COMMUNITY SERVICE ACTIVITIES AND COLLEGE AND CAREER EXPLORATION. THESE PROGRAMS SERVED 104 STUDENTS IN 2024.

    Expenses $417,027 · Grants $64,660

  • WORKFORCE DEVELOPMENT PROGRAM: LA PLAZA'S LATINO OPPORTUNITY CENTER (LOC) IS TO PROVIDE SUPPORT AND COACHING TO LATINO ADULTS IN CENTRAL INDIANA TO MOVE FROM UNEMPLOYMENT INTO PROMISING AND STABLE CAREERS WHILE BUILDING LONG-TERM FINANCIAL STABILITY. LOC STAFF PROVIDE PROGRAM PARTICIPANTS WITH INDIVIDUAL COACHING IN THE AREAS OF EMPLOYMENT, EDUCATION, FINANCIAL CAPABILITIES, AND INCOME SUPPORT. THE PROGRAM WORKS CLOSELY WITH EMPLOYERS, EDUCATIONAL AND FINANCIAL INSTITUTIONS, HEALTHCARE PROVIDERS, AND OTHER COMMUNITY-BASED ORGANIZATIONS TO PROVIDE ALL THE NECESSARY RESOURCES FOR PARTICIPANTS TO ACHIEVE FINANCIAL STABILITY AND MOVE INTO STABLE, MIDDLE INCOME JOBS. THE PROGRAM SERVED 109 CLIENTS IN 2024.

    Expenses $34,425 · Grants $16,681

As filed on the 2024 return.

Listed in Part VII

  • Miriam Acevedo Davis

    PRESIDENT AND CEO

    Total calculated
    $154,865
    From this org
    $141,912
    From related orgs
    $0
    Other
    $12,953
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,912
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,953
    Filer's total
    $154,865

  • Janmarie Connor

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Juan M Guzman

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jorge Gomez-Villalta

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Sheryl Gonzalez

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Annie Mueller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cynthia N Cardona

    PAST BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • D Valerie Loya

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Myrna Ozaeta

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Natalia Rodriguez-Hilt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nicole Martinez-Legrand

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sandra Rueda

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shawn Bush

    DIRECTOR

    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. 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 · Compensation survey or study
  • 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

The filer's explanations (Part III)

PART I, LINE 3
THE ORGANIZATION UTILIZES THE CHARITABLE ADVISORS CENTRAL INDIANA NONPROFIT SALARY REPORT TO DETERMINE COMPENSATION AND BENEFITS. THE ORGANIZATION UTILIZES THE SYNERGY EVALUATION FORM TO DETERMINE MERIT INCREASES ON AN ANNUAL BASIS. THE PRESIDENT & CEO IS EVALUATED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE PRESIDENT & CEO ANNUALLY EVALUATES THE ASSOCIATE DIRECTOR, DIRECTOR OF PROGRAMS, AND THE ACCESS PROGRAM COORDINATOR. ALL OTHER STAFF ARE EVALUATED BY THE DIRECTOR OF PROGRAMS. THE ORGANIZATION UTILIZES THE CHARITABLE ADVISORS CENTRAL INDIANA NONPROFIT SALARY REPORT TO DETERMINE COMPENSATION AND BENEFITS. THE ORGANIZATION UTILIZES THE SYNERGY EVALUATION FORM TO DETERMINE MERIT INCREASES ON AN ANNUAL BASIS.

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
5 November 2025
IRS schema version
2024v5.2
Source object
202503109349300810

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