La Promise Fund

California
Registered In
11/03/2005
Incorp. Date

Company Summary

La Promise Fund at 1933 S Broadway STE 1108, Los Angeles, Ca 90007 lists Veronica Melvin and Hugo Sanchez of Los Angeles, CA as associates.

Registered In
California
Incorporation Date
Registration Type
Domestic
Company Type
Nonprofit Corporation - Ca - Public Benefit
Status
Active
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Liliana Vasquez Individual Agent
1933 S BROADWAY STE 1108, LOS ANGELES, CA 90007
Veronica Melvin CEO
1933 S BROADWAY STE 1108, LOS ANGELES, CA 90007
Hugo Sanchez Chief Financial Officer
1933 S BROADWAY STE 1108, LOS ANGELES, CA 90007
Liliana Vasquez Secretary
1933 S BROADWAY STE 1108, LOS ANGELES, CA 90007
North Bay Avs Applicant
980 ALTURIA DR # 511, SANTA ROSA, CA 95403
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1933 S BROADWAY STE 1108, LOS ANGELES, CA 90007 (Mailing) View Map

Financial Information for La Promise Fund

Form 5500

LA PROMISE FUND

1933 S. Broadway, Suite 1108, Los Angeles, Ca 90007 (213) 745-4928 EIN:20-4562686 Plan Admin:Veronica Melvin
Year Plan Name Participants BOY/EOY Assets BOY/EOY
2022 Plan NameTHE LA PROMISE FUND 401K PLAN Plan #002 Participants BOY/EOY118 / 134 Assets BOY/EOY$1,000,003 / $1,454,141 2022 THE LA PROMISE FUND 401K PLAN - Plan #002 118 / 134 $1,000,003 / $1,454,141
2021 Plan NameTHE LA PROMISE FUND 401K PLAN Plan #002 Participants BOY/EOY101 / 107 Assets BOY/EOY$1,029,917 / $1,000,003 2021 THE LA PROMISE FUND 401K PLAN - Plan #002 101 / 107 $1,029,917 / $1,000,003
2020 Plan NameTHE LA PROMISE FUND 401K PLAN Plan #002 Participants BOY/EOY89 / 89 Assets BOY/EOY$876,013 / $1,029,917 2020 THE LA PROMISE FUND 401K PLAN - Plan #002 89 / 89 $876,013 / $1,029,917
2019 Plan NameTHE LA PROMISE FUND 401K PLAN Plan #002 Participants BOY/EOY68 / 106 Assets BOY/EOY$651,288 / $876,013 2019 THE LA PROMISE FUND 401K PLAN - Plan #002 68 / 106 $651,288 / $876,013
Benefit & Retirement Plans based on Form 5500.
Form 990

LA PROMISE FUND

1933 S Broadway STE 1108, Los Angeles, Ca 90007-4663 EIN:20-4562686 Deductibility:Contributions are deductible Classification:Charitable Organization Type:Scholarships & Student Financial Aid
Year # of Emps Contributions Revenue Expenses Assets EOY Liabilities
2022 # of Emps132 Contributions$14,621,128 Revenue$15,071,176 Expenses$13,954,124 Assets EOY$49,429,202 Liabilities$41,884,537 2022 132 $14,621,128 $15,071,176 $13,954,124 $49,429,202 $41,884,537
2021 # of Emps130 Contributions$12,682,286 Revenue$12,859,195 Expenses$10,774,753 Assets EOY$8,970,074 Liabilities$2,542,461 2021 130 $12,682,286 $12,859,195 $10,774,753 $8,970,074 $2,542,461
2020 # of Emps136 Contributions$11,950,392 Revenue$11,950,432 Expenses$11,189,090 Assets EOY$7,744,642 Liabilities$3,401,471 2020 136 $11,950,392 $11,950,432 $11,189,090 $7,744,642 $3,401,471
2019 # of Emps90 Contributions$9,264,330 Revenue$9,264,786 Expenses$8,557,854 Assets EOY$5,221,247 Liabilities$1,639,418 2019 90 $9,264,330 $9,264,786 $8,557,854 $5,221,247 $1,639,418
2018 # of Emps45 Contributions$8,199,754 Revenue$8,199,923 Expenses$7,401,428 Assets EOY$3,847,636 Liabilities$972,739 2018 45 $8,199,754 $8,199,923 $7,401,428 $3,847,636 $972,739
Tax Returns based on Form 990 & 990N.
PPP Loans

LA PROMISE FUND

1933 S Broadway Suite 1108, LOS ANGELES, CA 90007-0121 Industry:Elementary and Secondary Schools Ethnicity:Hispanic or Latino
Loan Date Approved Forgiven Lender Jobs
04/15/2020 Approved$1,240,087 Forgiven$1,254,900 LenderCity National Bank Jobs104 04/15/2020 $1,240,087 $1,254,900 City National Bank 104
PPP Loans based on Paycheck Protection Program.
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The following government agencies have contributed data:

California Secretary of State U.S. Department of Labor U.S. Small Business Administration Internal Revenue Service
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