The Acevedo Foundation empowers the next generation of leaders by creating equitable access to capital, closing the education gap, and promoting economic mobility and inclusion.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Run by 4 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $0 a year · under 1% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $120K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$136K
128% of total assets
Concern: liabilities are 128% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$616K
+113% vs prior year
Spent
$616K
To programs
95%
Net assets
−$30K
By yearFY2020–FY2025
Revenue
$616K
FY2025▲ +113%
Tap a bar for its year
Revenue by fiscal year
FY2020$17K
FY2021$1.1M
FY2022$834K
FY2024$290K
FY2025$616K
Expenses
$616K
FY2025▲ +113%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$1.1M
FY2022$834K
FY2024$290K
FY2025$616K
Net assets
−$30K
FY20250%
Tap a bar for its year
Net assets by fiscal year
FY2020−$30K
FY2021−$30K
FY2022−$30K
FY2024−$30K
FY2025−$30K

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2019.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $584K Management & general 5% · $31K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Beatriz Acevedo’s $50K as President is at the 37th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021
Beatriz Acevedo$50,000$50,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Acevedo Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers Latino youth with capital, education, and economic opportunity for leadership.

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Provided by the organization

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1 program · $584K · in their own filed words · FY2025
01

The Acevedo Foundation advanced economic mobility for communities through financial education, entrepreneurship support, workforce development, and community-based initiatives. During 2025, the Foundation funded program implementation, educational resources, participant engagement, and strategic partnerships that expanded access to…

$584Kprogram expense

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 · FY2024
Total grants receivedfrom 3 funders$120K
See all 3 funders →
Grants paid · 2 grants · $584K · 2025–2025
Suma Wealth INCFY2025$305,000
Unitemized GrantFY2025$279,164

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$616K
Ln 12
Gifts and grantsLn 1h$607K
Other incomeLn 4–11$8K
Investment incomeLn 3$153
Money outPt IX
$616K
Ln 25
Programscol B$584K
Managementcol C$31K
Owns and owesPt X
−$30K
net assets · Ln 32
Cash and savingsLn 1–2$106K
Total assetsLn 16$106K
LiabilitiesLn 26$136K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$607K
Investment incomeLn 3$153
Other incomeLn 4–11$8K
Total revenueLn 12$616K
Assets in detailPt X, end of year
CashLn 1$106K
Cash and savings togetherLn 1–2$106K
Total assetsLn 16$106K
LiabilitiesLn 26$136K
Net assetsLn 32−$30K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$20K$106K
Total assetsLn 16$20K$106K
LiabilitiesLn 26$50K$136K
Net assetsLn 32−$30K−$30K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$305K$305K
Grants to domestic individualsLn 2$279K$279K
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$1K$0$1K$0
Payroll taxesLn 10$0$0$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$2K$0$2K$0
Accounting feesLn 11c$0$0$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$0$0$0$0
Office expensesLn 13$0$0$0$0
Information technologyLn 14$3K$0$3K$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$3K$0$3K$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$2K$0$2K$0
Other expenses (24a–d)Ln 24$20K$0$20K$0
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$616K$584K$31K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $616K$616K$0−$30K 990 PDF
FY2024 $290K$290K$0−$30K 990 PDF
FY2023 Not on file
FY2022 $834K$834K$0−$30K 990 PDF
FY2021 $1.1M$1.1M$0−$30K 990 PDF
FY2020 $17K−$30K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $615,549 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $289,636$607,376
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$153
I-11 Other revenuePrior year $0$8,020
I-12 Total revenuePrior year $289,636$615,549
I-13 Grants and similar amounts paidPrior year $252,516$584,164
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $42$1,398
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $37,078$29,987
I-18 Total expensesPrior year $289,636$615,549
I-19 Revenue less expensesPrior year $0$0
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $615,549 across 4 lines filed
Lines not itemized here account for $8,020 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$607,376
VIII-1h Total contributions, gifts and grants$607,376
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$153
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$615,549
Part IX · Statement of functional expenses $615,549 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $305,000$305,000
IX-2 Grants to domestic individualsPrograms $279,164$279,164
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $1,398 · Fundraising $0$1,398
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $2,075 · Fundraising $0$2,075
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-14 Information technologyPrograms $0 · Management $3,289 · Fundraising $0$3,289
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $0 · Management $2,937 · Fundraising $0$2,937
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $1,862 · Fundraising $0$1,862
IX-24 Other expenses (24a–d)Programs $0 · Management $19,824 · Fundraising $0$19,824
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $584,164 · Management $31,385 · Fundraising $0$615,549
Part X · Balance sheet $106,256 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $20,017$106,256
X-16 Total assetsStart of year $20,017$106,256
X-17 Accounts payable and accrued expensesStart of year $411$4,375
X-19 Deferred revenueStart of year $49,807$132,082
X-26 Total liabilitiesStart of year $50,218$136,457
X-32 Total net assets or fund balancesStart of year −$30,201−$30,201
X-33 Total liabilities and net assetsStart of year $20,017$106,256
Part XI · Reconciliation of net assets −$30,201 net assets at year end
XI-1 Total revenue$615,549
XI-2 Total expenses$615,549
XI-3 Revenue less expenses$0
XI-4 Net assets at start of year−$30,201
XI-10 Net assets at end of year−$30,201

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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