Telacu Education Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 954384333 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Telacu Education Foundation?

The Telacu Education Foundation, located in Los Angeles, California, is a nonprofit organization that plays a significant role in facilitating the entry of participants into post-secondary educational institutions. Funded primarily through federal grants and donations, the foundation provides various services and resources for scholarship programs and educational enrichment initiatives. Its mission is centered around supporting these scholastic endeavors, aiming to contribute positively to the academic journey of numerous individuals. With a workforce of 47 dedicated employees, the Telacu Education Foundation strives to make higher education more accessible to its community.

Is Telacu Education Foundation legitimate?

Telacu Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Telacu Education Foundation 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: $1,813,536

For more financial information, click here

What is the mission statement of Telacu Education Foundation?

The Telacu Education Foundation is committed to providing services and resources for scholarship programs and educational enrichment initiatives. Its mission, as stated, revolves around assisting participants in transitioning into post-secondary educational institutions. This is achieved through a program that is funded both by a federal grant and donations. The foundation's activities primarily focus on offering support for these educational pursuits.

What is the revenue of Telacu Education Foundation?

Telacu Education Foundation's revenue in 2023 was $4,092,484.

Who are the executives of Telacu Education Foundation and what are their salaries?

The average compensation at Telacu Education Foundation during 2023 was $38,586. There are 47 employees at Telacu Education Foundation.

Here are 8 key members and their salaries:


Michael Lizarraga (President/Dir)
  • Compensation: $0
  • Related: $2,093,190
  • Other: $36,963
David Lizarraga (Director)
  • Compensation: $0
  • Related: $993,294
  • Other: $21,541
Priscilla Lizarraga (Vp/Secr/Treas/Dir)
  • Compensation: $0
  • Related: $296,538
  • Other: $22,007
Lauren Lizarraga Gray (Senior Vp)
  • Compensation: $180,212
  • Related: $0
  • Other: $30,139
James Hodges (Director)
  • Compensation: $0
  • Related: $36,000
  • Other: $0
Carmen O Perez (Director)
  • Compensation: $0
  • Related: $10,000
  • Other: $0
Kristie Hernandez (Director)
  • Compensation: $0
  • Related: $10,000
  • Other: $0
Fidel Gomez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Telacu Education Foundation?

Telacu Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Telacu Education Foundation

Telacu Education Foundation is dedicated to providing assistance for scholarship programs and educational enrichment initiatives. Their mission involves offering resources to aid participants in transitioning into post-secondary educational institutions. This mission is executed through a program that is funded by federal grants and donations. The foundation's activities are designed to facilitate the educational growth of individuals, enabling them to pursue higher education and enrich their lives.

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Impact




October, 2024

Telacu Education Foundation significantly impacts the educational landscape by providing essential services and resources that enhance scholarship opportunities and educational enrichment programs. With a focus on assisting individuals in accessing post-secondary education, the foundation helps to empower students, particularly those from underserved communities, by facilitating their entry into colleges and universities.

Through its well-structured programs, funded by federal grants and donations, the foundation not only assists in alleviating the financial burdens of education but also enriches the overall learning experience. This holistic approach ensures that participants are equipped with the necessary tools and support to thrive academically and professionally.

Located in Los Angeles, CA, the foundation's mission to foster educational access and achievement resonates strongly within the community, contributing to the development of a more educated and skilled workforce. The positive outcomes of the foundation's initiatives extend beyond individual success; they play a crucial role in enhancing social equity and economic mobility for students and their families.




This information is meant to be a general summary of Telacu Education Foundation. 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.

Revenue
$4,092,484 (2023)
Expenses
$4,179,321 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $56,545
  • Gross Receipts: $4,564,082

Assets and Liabilities:

  • Total Assets: $3,925,717
  • Total Liabilities: $599,232
  • Net Assets: $3,326,485

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Organization Details

Founding Year

1992

Principal Officer

Michael Lizarraga

NTEE Category

Code: B82 - Education

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