Overview
What is Los Angeles Challenge Corporation?
Los Angeles Challenge Corporation is a small, nonprofit organization situated in Torrance, California. Its primary mission is to help economically disadvantaged children by offering financial assistance with tuition and educational expenses. Through this support, the organization aims to empower these children to achieve their full potential and obtain a high-quality education. In the recent past, the corporation granted academic scholarships to 31 students, partially covering their tuition and registration fees, as they navigated their educational journey from elementary school through high school. The organization has only one employee dedicated to this noble cause.
Official website here: www.losangeleschallenge.org
Is Los Angeles Challenge Corporation legitimate?
Los Angeles Challenge Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Angeles Challenge Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,500
For more financial information, click here
Official website here: www.losangeleschallenge.org
What is the mission statement of Los Angeles Challenge Corporation?
The Los Angeles Challenge Corporation's mission is centered around providing aid in covering tuition and educational expenses for economically disadvantaged children. This assistance is aimed at enabling these children to fully realize their potential and secure a quality education. The organization achieves this by offering academic scholarships, partially funding tuition and registration fees, for students who meet their financial need criteria, ranging from elementary to high school level.
Official website here: www.losangeleschallenge.org
Who is the CEO of Los Angeles Challenge Corporation?
Greg Alessandra is the Vice President of Los Angeles Challenge Corporation.
Official website here: www.losangeleschallenge.org
What is the revenue of Los Angeles Challenge Corporation?
Los Angeles Challenge Corporation's revenue in 2022 was $273,702.
Official website here: www.losangeleschallenge.org
Who are the executives of Los Angeles Challenge Corporation and what are their salaries?
The average compensation at Los Angeles Challenge Corporation during 2022 was $32,500. There is 1 employee and 5 volunteers at Los Angeles Challenge Corporation.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.losangeleschallenge.org
Where can I find the form 990 for Los Angeles Challenge Corporation?
Los Angeles Challenge Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.losangeleschallenge.org
Learn more at the official website: www.losangeleschallenge.org
Mission Statement of Los Angeles Challenge Corporation
Los Angeles Challenge Corporation, a non-profit organization, is dedicated to helping economically disadvantaged children realize their full potential and obtain a quality education. To accomplish this, the corporation provides assistance with tuition and educational expenses. By offering this support, the organization aims to empower these children and enable them to pursue their academic goals effectively.
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Impact
October, 2024
Los Angeles Challenge Corporation significantly impacts the educational landscape by providing essential financial assistance to economically disadvantaged children. Through academic scholarships, the organization helps to partially fund tuition and registration, ensuring that students can access quality education without the heavy burden of financial constraints. In the recent cycle, 31 students from elementary to high school benefited from this support, allowing them to pursue their academic goals and realize their full potential. By focusing on alleviating the financial barriers to education, the organization plays a crucial role in transforming lives and fostering future generations of learners.
This information is meant to be a general summary of Los Angeles Challenge Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $8,898
- Gross Receipts: $284,592
Assets and Liabilities:
- Total Assets: $438,772
- Total Liabilities: $0
- Net Assets: $438,772
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Organization Details
Founding Year
2001
Phone
(310) 377-2412Principal Officer
Greg Alessandra
Main Address
23670 HAWTHORNE BLVD 207, TORRANCE, CA, 90505
Website
www.losangeleschallenge.orgNTEE Category
Code: B82 - Education
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