Ldf Nonprofit Foundation FY2020 filing

Laredo, TXUnknown exempt organizationEIN 46-3093399Revenue $121K in FY2020

On file with the IRS616 Leal Street · Laredo, TX

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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.

Mission: Form 990 Part I, line 1

Before you give

FY2020 · Form 990-EZIndependent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $67K a year · 25% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Named funders
3
named funders · $17K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$121K
Net assets
$244K
By yearFY2020–FY2024
Revenue
$121K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$121K
FY2021$419K
FY2022$331K
FY2023$337K
FY2024−$11K
Expenses
—
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$235K
FY2022$107K
FY2023$390K
FY2024$77K
Net assets
$244K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$244K
FY2021$424K
FY2022$648K
FY2023$590K
FY2024$0

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

7 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Ldf Nonprofit Foundation executive salaries →

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Programs and updates

Stimulates economic growth by supporting business investment and expansion in the Laredo area.

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Provided by the organization

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 3 funders$17K
See all 3 funders →
Grants paid · 3 grants · $277K · 2021–2024

By the numbers

The FY2020 990-EZ, line by line.

1The main four
Money in
$121K
Other income$121K
Owns and owes
$244K
net assets
People
7
listed
Paid0
2In more detail
Revenue in detail
Other income$121K
Total revenue$121K
Assets in detailEnd of year
Net assets$244K
Operations
Employees0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest −$11K$77K−$89K$0 990 PDF
FY2023 $337K$390K−$52K$590K 990 PDF
FY2022 $331K$107K$224K$648K 990 PDF
FY2021 $419K$235K$184K$424K 990 PDF
FY2020 Viewing $121K$244K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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