LDF Nonprofit Foundation

EIN: 463093399 501(c)(3)

Laredo, TX

Total Revenue
$337,471
Total Expenses
$389,821
Total Assets
$590,774
Net Assets
$589,982
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
TX
Phone
9567220563
Tax Period
2023-01-01 to 2023-12-31

LDF Nonprofit Foundation, founded in 2013, is a small nonprofit that reported $337K in total revenue in fiscal year 2023. Expenses of $390K exceeded revenue, resulting in a 16% operating deficit.

Mission

The purpose of the Corporation is to stimulate economic development in the Laredo and surrounding areas, which will be accomplished by supporting business investment and growth through services offered by our Corporation, including support services, providing information and expertise of the local business environment, and other related services. The Corporation will offer and provide these services to businesses not local to the Laredo and surrounding areas, which are looking to invest in and relocate to our community, and to businesses already in our community looking and needing assistance to grow. The relocation of business to the Laredo and surrounding areas and/or the growth of local businesses will help accomplish the Corporation's charitable goals of improving an Economically Distressed Area by providing relief of community deterioration and relief of the poor and distressed through increased employment opportunities and increased per capita income by the business assisted.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $111,126
Program Service Revenue $226,345
Investment Income $0
Other Revenue $0
TOTAL REVENUE $337,471

Expense Breakdown

Grants Paid $197,659
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $377,059
Other Expenses $192,162
TOTAL EXPENSES $389,821

Year-over-Year Comparison

2023 2022 Change
Revenue $337,471 $330,787 +0.0%
Expenses $389,821 $107,046 +2.6%
Net Income $-52,350 $223,741 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rolando Ortiz President 1.00
Director
$0 $0 $0
Tom McSpadden Secretary 1.00
Director
$0 $0 $0
Javier Garza Board of Direct 1.00
Director
$0 $0 $0
Alfonso Arguindegui Board of Direct 1.00
Director
$0 $0 $0
Lupita R Canales Treasurer 1.00
Director
$0 $0 $0
Ed Sherwood Board of Direct 1.00
Director
$0 $0 $0
Nativido Lozano Vice President 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $337,471 $389,821 $590,774 $-52,350
2022 $330,787 $107,046 $647,682 $223,741
2021 $418,763 $234,503 $423,941 $184,260
2018 $266,378 $198,704 $155,506 $67,674
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LDF Nonprofit Foundation with other nonprofits in Texas and across the country.