Programa Velasco
- Assets
- $487.9k
- Revenue
- $541.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Clara, CA
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 27-2851786
Organization Overview
Programa Velasco is located in Santa Clara, CA. The organization was established in 2011. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Programa Velasco 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 12/2021, Programa Velasco generated $541.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $229.8k during the year ending 12/2021. While expenses have increased by 12.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 EDUCATE AND EMPOWER CHILDREN AND ENTREPRENEURIAL WOMEN IN EL SALVADOR TO BUILD STRONG FAMILIES AND CREATE BETTER FUTURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOMEN'S ECONOMIC EMPOWERMENT
FAMILY EMPOWERMENT
FINANCING EARLY CHILDHOOD EDUCATION AND SUPOORT SERVICES
DISASTER RELIEF
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Juan Velasco President | Officer | 3 | $0 |
Jenn Dunneback Director | Trustee | 2 | $0 |
Marisol Sanchez Director | Trustee | 2 | $0 |
Gary Neustadter Director | Trustee | 2 | $0 |
Elizabeth Sanchez Director | Trustee | 2 | $0 |
Jean Reidy Director | Trustee | 2 | $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 | $533,273 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $533,273 |
| Total Program Service Revenue | $0 |
| Investment income | $4,100 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,195 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $541,568 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,312 |
| Pension plan accruals and contributions | $1,234 |
| Other employee benefits | $0 |
| Payroll taxes | $3,466 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $170,698 |
| Advertising and promotion | $0 |
| Office expenses | $3,723 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,164 |
| 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 | $366 |
| All other expenses | $0 |
| Total functional expenses | $229,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,514 |
| Savings and temporary cash investments | $294,397 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $487,911 |
| 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 | $8,451 |
| Total liabilities | $8,451 |
| Net assets without donor restrictions | $0 |
| 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 | $315,061 |
| Total liabilities and net assets/fund balances | $487,911 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Programa Velasco has recieved totaling $19,532.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $19,532 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Village Enterprise Fund Inc San Carlos, CA | $5,608,385 | $5,693,155 |
Junior Achievement Of Arizona Tempe, AZ | $8,907,412 | $7,233,481 |
Junior Achievement Of Southern Ca Los Angeles, CA | $6,219,396 | $3,428,800 |
Junior Achievement Of San Diego County San Diego, CA | $9,827,517 | $2,941,808 |
Junior Acheivement Of Northern California Walnut Creek, CA | $1,961,632 | $2,378,267 |
Power For All San Francisco, CA | $1,275,461 | $2,575,235 |
Christian Childrens Health & Hope Mission Vista, CA | $36,927 | $1,506,032 |
Junior Achievement Of Oregon And Sw Washington Inc Portland, OR | $3,597,887 | $1,035,795 |
Village Enterprise Capital Connector Corp San Carlos, CA | $44,265 | $692,938 |
Junior Achievement Of Southern Nevada Las Vegas, NV | $9,425,008 | $6,465,868 |
Empowerment Works Inc Santa Barbara, CA | $242,705 | $1,154,866 |
Global Distribution Fund Inc San Francisco, CA | $1,485,669 | $1,509,161 |