La Plaza Inc

Organization Overview

La Plaza Inc is located in Indianapolis, IN. The organization was established in 2003. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, LA Plaza Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Plaza Inc 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, LA Plaza Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 9.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LA PLAZA STRENGTHENS CENTRAL INDIANA BY ADVOCATING AND PREPARING LATINO STUDENTS FOR EDUCATIONAL SUCCESS AND BY CONNECTING LATINO FAMILIES TO HEALTH AND SOCIAL SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEALTH AND SOCIAL SERVICES PROGRAMS: LA PLAZA OFFERS HEALTH AND SOCIAL SERVICES THAT TARGET AND MEET THE SPECIFIC NEEDS OF THE LATINO COMMUNITY. THIS INCLUDES, BUT IS NOT LIMITED TO, DENTAL, WIC, IMMUNIZATION CLINICS, EMERGENCY ASSISTANCE, JOB COUNSELING, FOOD PANTRY, AND HOLIDAY ASSISTANCE. THESE PROGRAMS SERVED 3,000 INDIVIDUALS IN THE 2021 CALENDAR YEAR.


EDUCATION PROGRAMS: LA PLAZA'S TU FUTURO PROGRAM IS AN EDUCATIONAL PROGRAM DEDICATED TO ENCOURAGING AND SUPPORTING LATINO YOUTH TO PURSUE A POST-SECONDARY EDUCATION. THIS IS ACHIEVED THROUGH A SERIES OF BILINGUAL PRESENTATIONS, WORKSHOPS, INDIVIDUAL CONSULTATIONS, AND COLLEGE VISITS. STUDENTS ARE PROVIDED INFORMATION ABOUT THE COLLEGE APPLICATION PROCESS, FINANCIAL AID, AND SCHOLARSHIP PROGRAMS. THE PROGRAM ALSO WORKS WITH PARENTS TO HELP GIVE THEM THE TOOLS TO CONTRIBUTE TO THEIR CHILD'S EDUCATION. THESE PROGRAMS SERVED 70 STUDENTS IN THE 2021 CALENDAR YEAR.


YOUTH PROGRAMS: LA PLAZA OFFERS THE SUMMER DISCOVERY AND LEADERSHIP INSTITUTE FOR LATINO YOUTH PROGRAMS. THE SUMMER DISCOVERY PROGRAM IS DESIGNED TO ENRICH THE LIVES OF ELEMENTARY SCHOOL CHILDREN THROUGH A FIVE-WEEK EDUCATIONAL AND CULTURAL EXPERIENCE. THESE ACTIVITIES INCLUDE READING AND MATH, ARTS AND PHYSICAL EDUCATION, LEADERSHIP AND TECHNOLOGICAL DEVELOPMENT, FIELD TRIPS, AND COMMUNITY SERVICE LEARNING. THE LEADERSHIP INSTITUTE FOR LATINO YOUTH IS A FIVE-WEEK SUMMER LEADERSHIP PROGRAM TO HELP HIGH SCHOOL STUDENTS GAIN THE SKILLS NECESSARY TO BE BETTER PREPARED FOR COLLEGE, CAREER, AND LIFE. THIS IS ACCOMPLISHED THROUGH MATH AND ENGLISH ENRICHMENT, LEADERSHIP PROJECTS, CAREER AND COLLEGE EXPLORATION, PHYSICAL AND HEALTH EDUCATION, FIELD TRIPS, COMMUNITY SERVICE, AND THE USE OF TECHNOLOGY. THESE PROGRAMS SERVED X,XXX INDIVIDUALS IN THE 2021 CALENDAR YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Miriam Acevedo Davis
President And CEO
$131,417
Art Vasquez
Chair
$0
Cynthia N Cardona
Vice-Chair
$0
Carlos DE Leon
Past-Chair
$0
Jorge Gomez-Villalta
Treasurer
$0
Rafael Bolivar
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$187,783
Membership dues$0
Fundraising events$153,700
Related organizations$0
Government grants $1,897,595
All other contributions, gifts, grants, and similar amounts not included above$67,833
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,306,911
Total Program Service Revenue$19,395
Investment income $96,292
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $10,500
Net Gain/Loss on Asset Sales $225,974
Net Income from Fundraising Events -$46,791
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,714,930

Grants Recieved

Over the last fiscal year, we have identified 20 grants that La Plaza Inc has recieved totaling $2,478,862.

Awarding OrganizationAmount
Lilly Endowment Inc

Indianapolis, IN

PURPOSE: ENHANCING OPPORTUNITY IN INDPLS INIT

$750,000
Lilly Endowment Inc

Indianapolis, IN

PURPOSE: COVID19 SPECIAL OPERATING SUPPORT

$500,000
Lilly Endowment Inc

Indianapolis, IN

PURPOSE: COVID19 SPECIAL OPERATING SUPPORT

$425,000
Lilly Endowment Inc

Indianapolis, IN

PURPOSE: ENHANCING OPPORTUNITY IN INDPLS INIT

$283,700
United Way Of Central Indiana Inc

Indianapolis, IN

PURPOSE: Program and/or Operating Support

$187,500
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$100,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,689,909
Earnings$597,106
Other Expense$555,090
Ending Balance$5,731,925

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