EIN 33-0034221

East Los Angeles College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
30
Year formed
1984
Most recent tax filings
2023-06-01
Description
ELAC Foundation promotes college goals through advocacy, industry connections, financial support. Partners with Cal-SOAP and LAUSD GEAR UP program. Located in Monterey Park, CA.
Total revenues
$2,534,474
2023
Total expenses
$2,441,979
2023
Total assets
$7,647,778
2023
Num. employees
30
2023

Program areas at East Los Angeles College Foundation

The California student opportunity and access program (cal-soap)was established by the state legislature in 1978. Today, cal-soap is instrumental in improving the flow of information about postsecondary education and financial aid while raising the achievement leveles of low-income, elementary and secondary school students or geographic regions with documented low-eligibility or College participation rates, and who are first in their families to attend College.
Lausd gear up contract: to increase the number of low-income students who are prepared to enter and succeed in post secondary education. The program provides services in high poverty middle and high schools through the first year of College
Scholarships - the Foundation administers scholarships funded by donations from foundations, individuals and government programs.

Who funds East Los Angeles College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
College Futures FoundationStudent-Centric Practices Program Grant$280,000
Emerald Cities CollaborativeOperations$75,000
Foundation for California Community CollegesCccse Scholarship Grant$58,483
...and 5 more grants received

Personnel at East Los Angeles College Foundation

NameTitleCompensation
Dr. Armond AghakhanianDirector$148,181
Armond AgakhanianPast Executive Director
Tina HwangBoard President Emeritus$0
Kassandra M. SanchezBoard Member$0
Marissa Castro SalvatiBoard$0
...and 5 more key personnel

Financials for East Los Angeles College Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,400,363
Program services$950,728
Investment income and dividends$180,353
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,030
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,534,474

Form 990s for East Los Angeles College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-12990View PDF
2020-062021-05-25990View PDF
2019-062020-10-07990View PDF
...and 9 more Form 990s

Organizations like East Los Angeles College Foundation

OrganizationLocationRevenue
Camden County College FoundationBlackwood, NJ$905,902
Bellevue College FoundationBellevue, WA$4,461,791
Rock Valley College FoundationRockford, IL$2,025,850
Cypress College FoundationCypress, CA$1,088,474
San Francisco Education FundSan Francisco, CA$3,712,596
Mendocino College FoundationUkiah, CA$950,095
Kuyper CollegeGrand Rapids, MI$5,210,728
Pacific School of Religion (PSR)Berkeley, CA$10,949,912
Sierra College FoundationRocklin, CA$1,796,974
Papillion La Vista Schools FoundationPapillion, NE$7,653,182
Data update history
October 2, 2024
Updated personnel
Identified 3 new personnel
August 14, 2024
Updated personnel
Identified 5 new personnel
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 10, 2024
Received grants
Identified 1 new grant, including a grant for $37,500 from Education Design Lab
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $58,483 from Foundation for California Community Colleges
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Political advocacyState / local levelReceives government fundingEndowed supportProvides scholarshipsGala fundraisersTax deductible donationsAccepts online donations
General information
Address
1301 Avenida Cesar Chavez
Monterey Park, CA 91754
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
elacfoundation.com/ 
Phone
(323) 260-8198
IRS details
EIN
33-0034221
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
054721
FTB Entity ID
1220738
AB 488 data last updated ("as-of") date
2024-12-31
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