La Beca Womens Scholarship Fund

EIN: 542164948 501(c)(3) Education

Alexandria, VA

Total Revenue
$143,729
Total Expenses
$143,352
Total Assets
$70,784
Net Assets
$69,554
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
VA
Phone
7039263410
Tax Period
2024-01-01 to 2024-12-31

La Beca Womens Scholarship Fund, founded in 2005, is a small nonprofit in the Education sector that reported $144K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

LABECA WOMENS SCHOLARSHIP FOUNDATION PROVIDES EDUCATIONAL OPPORTUNITIES FOR LOW INCOME WOMEN AND GIRLS IN CENTRAL AMERICA, SOUTH AMERICA & THE CARIBBEAN.FOUNDED IN 2005 THE FOUNDATION CURRENTLY SUPPORTS OVER 25 SCHOLARS. SEE SCHEDULE O.

Program Service Accomplishments

Program 1
Expenses: $136,802 Revenue: $141,529

LaBECA gives support through nonprofit organizations, educational institutions and direct tuition grants to individuals and their schools. The funds provide for low-income women & girls who are...

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LaBECA gives support through nonprofit organizations, educational institutions and direct tuition grants to individuals and their schools. The funds provide for low-income women & girls who are pursuing educational objectives. In some cases, funds were provide for computers and other equipment required to complete coursework. In 2024, students in university studied a broad array of subjects, including: dentistry, tourism, nutrition, education, engineering and finance. In 2024, three scholars completed high school and then continued to university. Five scholars graduated from university.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $141,529
Program Service Revenue $0
Investment Income $2,200
Other Revenue $0
TOTAL REVENUE $143,729

Expense Breakdown

Grants Paid $135,225
Salaries & Benefits $0
Fundraising Expenses $1,807
Program Expenses $136,802
Other Expenses $8,127
TOTAL EXPENSES $143,352

Year-over-Year Comparison

2024 2023 Change
Revenue $143,729 $159,674 -0.1%
Expenses $143,352 $122,095 +0.2%
Net Income $377 $37,579 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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

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Governance

Voting Members
8
Independent Members
2
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kris Amundson Director 1.00
Director
$0 $0 $0
Joanne Newton Director 1.00
Director
$0 $0 $0
Carmen Tobar Director 1.00
Director
$0 $0 $0
Rey Decerega Director 1.00
Director
$0 $0 $0
Margaret Millar President 1.00
Officer
$0 $0 $0
Kelly Jeffers Vice President 2.00
Officer
$0 $0 $0
Sara Conrath Secretary 1.00
Officer
$0 $0 $0
Anne Reed Treasurer 10.00
Officer
$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 $143,729 $143,352 $70,784 $377
2023 $159,674 $122,095 $70,163 $37,579
2022 $109,923 $143,058 $30,548 $-33,135
2021 $142,304 $111,253 $63,670 $31,051
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