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EIN 26-4431679

The Laredo Diploma Plus Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Laredo
State
Texas
Year formed
2008
Most recent tax filings
2023-06-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
The Laredo Diploma Plus Foundation's mission is to support and expand educational opportunities for low income at-risk high school seniors to prevent dropouts, while also providing charitable support to enhance the community. The Foundation's Diploma Plus Program identifies and awards stipends to eligible students, with 67 recipients this fiscal year. Local public school counselors report on potential recipients.
Total revenues
$127,620
2023
Total expenses
$82,100
2023
Total assets
$355,956
2023
Num. employees
0
2023

Program areas at The Laredo Diploma Plus Foundation

The Diploma Plus Program is a dropout prevention program that identifies and awards stipends to eligible students who are at risk of not finishing high school. This fiscal year there were 67 recipients. High school counselors from local public schools report the students' grades and attendance on a quarterly basis. The monitoring and follow-up of the students' progress is checked carefully and only eligible seniors are awarded the stipends. Success is measured by the number of program students graduating from high school with a diploma. Success rate exceeds 97.5% with no more than one dropout student per group/year.

Who funds The Laredo Diploma Plus Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Guadalupe and Lilia Martinez FoundationScholarships$30,000
Lamar Bruni Vergara TrustEducational$24,000

Personnel at The Laredo Diploma Plus Foundation

NameTitleCompensation
Michael LandeckPresident$0
Cecilia GarzaSecretary$0
Rosario de LeonDirector$0
Joe TrevinoVice President$0
Ed GonzalezPresident$0

Financials for The Laredo Diploma Plus Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$124,900
Program services$0
Investment income and dividends$2,720
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$127,620

Form 990s for The Laredo Diploma Plus Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-20990View PDF
2019-062020-10-29990View PDF
...and 9 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $24,000 from Lamar Bruni Vergara Trust
December 23, 2023
Received grants
Identified 1 new grant, including a grant for $30,000 from Guadalupe and Lilia Martinez Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 12, 2023
Received grants
Identified 1 new grant, including a grant for $24,000 from Lamar Bruni Vergara Trust
Nonprofit Types
Community service nonprofitsSchoolsEducational service providersCharities
Issues
EducationCommunity improvement
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
7917 Mcpherson Rd 205
Laredo, TX 78045
Metro area
Laredo, TX
County
Webb County, TX
Phone
(956) 337-0667
IRS details
EIN
26-4431679
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
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