Washington-Lincoln Laurels For Leaders
- Assets
- $392.0k
- Revenue
- $54.8k
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 12/1973
- Data as of
- 06/2021
- EIN
- 23-7076165
Organization Overview
Washington-Lincoln Laurels For Leaders, operating under the name Laurels For Leaders, is located in San Diego, CA. The organization was established in 1973. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laurels For Leaders is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Laurels For Leaders generated $54.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $42.9k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RECOGNIZE AND REWARD LEADERSHIP QUALITIES OF OUTSTANDING HIGH SCHOOL STUDENTS IN SAN DIEGO COUNTY, BASED ON CRITERIA EXEMPLIFIED BY GEORGE WASHINGTON AND ABRAHAM LINCOLN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTED SCHOLARSHIPS OF 250 EACH TO 94 GRADUATING HIGH SCHOOL SENIORS WHO EXHIBITED THE LEADERSHIP QUALITIES PROMOTED BY WASHINGTON LINCOLN LAURELS FOR LEADERS.
PROVIDED GRANTS TO ELEVEN HIGH SCHOOLS WHO DEMONSTRATED LEADERSHIP BY PROVIDING COMMUNITY SERVICE.
GRANTED SCHOLARSHIPS OF 250 EACH TO 94 GRADUATING HIGH SCHOOL SENIORS WHO EXHIBITED THE LEADERSHIP QUALITIES PROMOTED BY WASHINGTON LINCOLN LAURELS FOR LEADERS.
PROVIDED GRANTS TO ELEVEN HIGH SCHOOLS WHO DEMONSTRATED LEADERSHIP BY PROVIDING COMMUNITY SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Krause Managing Dir | Officer | 7 | $3,000 |
Karina Sousa Director | Trustee | 7 | $3,000 |
Gordon Boerner President | OfficerTrustee | 1 | $0 |
Jim Floros Vice Preside | OfficerTrustee | 1 | $0 |
Douglas Frost Treasurer | OfficerTrustee | 2 | $0 |
Jeremy Hersch 2nd Vice Pre | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,030 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,030 |
| Total Program Service Revenue | $0 |
| Investment income | $7,919 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,847 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $54,796 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,300 |
| Grants and other assistance to domestic individuals. | $23,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,000 |
| Compensation of current officers, directors, key employees. | $3,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,443 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,885 |
| Information technology | $624 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,450 |
| All other expenses | $55 |
| Total functional expenses | $42,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,456 |
| Savings and temporary cash investments | $1,056 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $387,467 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $391,979 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $391,979 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $391,979 |
Grants Awarded
Over the last fiscal year, Washington-Lincoln Laurels For Leaders has awarded $3,800 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SAN DIEGO LUTHERAN HIGH SCHOOL PURPOSE: Encourage and Support Leadership Education | $1,500 |
GRANITE HILLS HIGH SCHOOL PURPOSE: Encourage and Support Leadership Education | $1,000 |
TORREY PINES HIGH SCHOOL PURPOSE: Encourage and Support Leadership Education | $800 |
GROSSMONT HIGH SCHOOL PURPOSE: Encourage and Support Leadership Education | $500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Washington-Lincoln Laurels For Leaders has recieved totaling $17,440.
| Awarding Organization | Amount |
|---|---|
San Diego Kiwanis Club Foundation San Diego, CA PURPOSE: TO FURTHER EXEMPT PURPOSE | $17,315 |
Sempra Energy Foundation San Diego, CA PURPOSE: HEALTH & HUMAN SERVICES | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Conservation Corps Of Long Beach Long Beach, CA | $9,166,980 | $11,871,279 |
We Hope East Palo Alto, CA | $4,717,112 | $7,572,079 |
San Francisco City Impact San Francisco, CA | $1,094,213 | $7,113,381 |
Fresh Lifelines For Youth Inc Milpitas, CA | $7,609,651 | $8,984,163 |
East Bay Asian Youth Center Oakland, CA | $1,698,812 | $7,118,392 |
Access Youth Academy San Diego, CA | $4,330,454 | $1,221,754 |
The Painted Turtle Santa Monica, CA | $41,527,735 | $8,643,050 |
Paradise Oaks Youth Services Citrus Heights, CA | $3,816,959 | $7,297,497 |
Youth Leadership Institute San Francisco, CA | $3,931,170 | $6,133,227 |
Reading And Beyond Fresno, CA | $7,228,751 | $5,413,699 |
King Philanthropies Inc Menlo Park, CA | $120,079,985 | $59,553,256 |
Future Leaders Of America Oxnard, CA | $2,173,035 | $2,809,963 |