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Salvadoran American Leadership & Educational Fund

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

EIN: 954702001 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Salvadoran American Leadership & Educational Fund?

The Salvadoran American Leadership & Educational Fund, abbreviated as SALEF, is a nonprofit organization located at 421 S Bixel St STE A, Los Angeles, CA 90017. Their primary mission is to advocate for the educational advancement, civic participation, leadership, and economic prosperity of their community. They strive to achieve this by focusing on various aspects, including advocacy, education, and economic development. SALEF aims to empower its community members and foster their active participation in civic affairs.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 50%

The Salvadoran American Leadership & Educational Fund (SALEF) has received a One-Star out of Four Star rating due to significant concerns regarding accountability and financial management. Key issues include a lack of independent board members, missing financial statements, and absent governance policies, which are critical for ensuring transparency and ethical operation. While the organization allocates a high percentage of its budget to program expenses, the overall financial practices raise red flags.

User feedback highlights a mixed perception of SALEF's impact. Many volunteers and beneficiaries express gratitude for scholarship assistance and the community service opportunities provided by the organization. Reviews emphasize the personal growth, mentorship, and support that respondents attribute to their experiences with SALEF, showcasing the positive influence it has had on individual lives and the broader Salvadoran community.

However, some critiques point to unmet expectations regarding program delivery, particularly concerning mentoring services. A reviewer expressed dissatisfaction, stating that promised programs did not materialize and that communication fell short. This discrepancy between positive testimonials and critical feedback suggests a need for SALEF to improve its operational transparency and accountability to fully realize its mission.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Salvadoran American Leadership & Educational Fund legitimate?

Salvadoran American Leadership & Educational Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salvadoran American Leadership & Educational Fund 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: $443,274

For more financial information, click here

What is the mission statement of Salvadoran American Leadership & Educational Fund?

The Salvadoran American Leadership & Educational Fund (SALEF) advocates for the educational advancement, civic participation, leadership, and economic prosperity of its community. Their mission is centered around promoting these aspects, aiming to empower individuals and foster a sense of progress. SALEF actively works towards achieving these goals, aiming to create opportunities for personal and collective growth.

Who is the CEO of Salvadoran American Leadership & Educational Fund?

Jocelyn Duarte is the Executive Director of Salvadoran American Leadership & Educational Fund.

What is the revenue of Salvadoran American Leadership & Educational Fund?

Salvadoran American Leadership & Educational Fund's revenue in 2022 was $1,207,573.

Who are the executives of Salvadoran American Leadership & Educational Fund and what are their salaries?

There 55 volunteers at Salvadoran American Leadership & Educational Fund.


Here are 5 key members and their salaries:


Carlos A Hernandez Vaquerano (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daisy Guzman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Florentino Salazr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jocelyn Duarte (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Freddy Guzman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Salvadoran American Leadership & Educational Fund?

Salvadoran American Leadership & Educational Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Salvadoran American Leadership & Educational Fund

The Salvadoran American Leadership & Educational Fund (SALEF) is committed to advocating for the educational advancement, civic participation, leadership, and economic prosperity of its community. This nonprofit organization aims to make a significant impact in various aspects of its members' lives, working towards their overall betterment and empowerment. By advocating for educational advancement, SALEF seeks to provide opportunities for its constituents to acquire knowledge and skills that will enable them to succeed in their personal and professional pursuits. Furthermore, the organization encourages civic participation and leadership by fostering an environment that encourages active engagement in community and political affairs. Lastly, SALEF strives for economic prosperity, working towards creating conditions that enable its members to achieve financial stability and success. In doing so, the Salvadoran American Leadership & Educational Fund plays a crucial role in uplifting its community and promoting its well-being.

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Impact




July, 2024

Salvadoran American Leadership & Educational Fund's impact includes advocating for educational advancement, civic participation, leadership development, and economic prosperity within the Salvadoran American community in Los Angeles. Through its mission, SALEF works to empower individuals to reach their full potential by providing resources, support, and opportunities for growth. SALEF's efforts contribute to a stronger, more engaged community that is better equipped to succeed and thrive.




This information is meant to be a general summary of Salvadoran American Leadership & Educational Fund. 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
$1,207,573 (2022)
Expenses
$1,051,522 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,207,573

Assets and Liabilities:

  • Total Assets: $194,432
  • Total Liabilities: $0
  • Net Assets: $194,432

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Organization Details

Founding Year

1999

Principal Officer

Jocelyn Duarte

Main Address

421 S Bixel St STE A, Los Angeles, CA, 90017

NTEE Category

Code: W24 - Public benefit

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