Project Ledo is located in Portland, OR. The organization was established in 2019. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Ledo 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 06/2023, Project Ledo generated $173.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 48.8% each year . All expenses for the organization totaled $218.6k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROJECT LEDO HAS ALWAYS BELIEVED IN THE POWER OF PARTNERSHIPS AND COLLABORATION. WE UNDERSTAND THAT BY JOINING FORCES WITH OTHER LOCAL ORGANIZATIONS THAT SHARE OUR CORE VALUES, WE CAN MAKE AN EVEN BIGGER IMPACT ON THE COMMUNITIES WE SERVE. THROUGH THESE STRATEGIC ALLIANCES, PROJECT LEDO HAS FORMED A STRONG AND UNITED FRONT TO ADDRESS THE PRESSING ISSUES FACED BY BIPOC COMMUNITIES. OUR PROGRAMS HAVE GONE TO TWO NEW SCHOOLS AND TWO ADDITIONAL COMMUNITY PARTNERS (CAIRO AND CAMP-ELSO) INCREASING THE NUMBER OF BLACK STUDENTS AND THEREFORE IMPACT. A BIG ACCOMPLISHMENT IN OUR PROGRAM IS THE FACT THAT WE WON A STATEWIDE ROBOTICS COMPETITION. OUR TEAM THAT WON WAS PRIMARILY IMMIGRANTS AND PEOPLE OF COLOR. WE DELIVERED ANOTHER 65 COMPUTERS TO OUR COMMUNITIES OF COLOR SHORTENING THE DIGITAL DIVIDE. OUR PROGRAM HAS PARTNERED WITH AT&T IN EFFORTS TO SUPPORT OUR MISSION. THESE PARTNERSHIPS HAVE NOT ONLY INCREASED OUR RESOURCES BUT ALSO EXTENDED OUR REACH INTO NEW AREAS. BY COLLABORATING WITH LIKE-MINDED ORGANIZATIONS, PROJECT LEDO HAS BEEN ABLE TO EXPAND ITS PROGRAMS AND INITIATIVES TO TWO ADDITIONAL SCHOOL DISTRICTS. THIS MEANS MORE STUDENTS FROM DIVERSE BACKGROUNDS NOW HAVE ACCESS TO STEM EDUCATION OPPORTUNITIES. MOREOVER, THESE ALLIANCES HAVE ENABLED US TO TACKLE ONE OF THE MOST SUBSTANTIAL CHALLENGES FACED BY MARGINALIZED COMMUNITIES - THE DIGITAL DIVIDE. BY PARTNERING WITH LOCAL ORGANIZATIONS THAT SHARE SIMILAR GOALS AND VALUES, PROJECT LEDO IS CREATING A LASTING IMPACT ON UNDERSERVED COMMUNITIES. TOGETHER, WE ARE MAKING STRIDES TOWARDS INSPIRING BIPOC YOUTH TO BECOME LEADERS IN STEM FIELDS WHILE SIMULTANEOUSLY ADDRESSING CRITICAL SOCIAL ISSUES SUCH AS EDUCATIONAL INEQUALITY AND DIGITAL ACCESS DISPARITIES. THROUGH THIS PARTNERSHIPS PROJECT LEDO HAS BROUGHT RESOURCES TO THE COMMUNITIES IN EFFORTS TO SHORTEN THE DIGITAL DIVIDE. THROUGH OUR LEGO ROBOTICS PROGRAM OUR STUDENTS GET TO BUILD LEADERSHIP SKILLS, COMMUNICATION SKILLS, AND MORE IMPORTANTLY COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Fidel Ferrer President Of The Board/ceo | 40 | $46,154 | |
Sarah Adams Vice President Of The Board | 2 | $0 | |
Margarita Ferrer Tamayo Secretary/co-Vice President | 2 | $0 | |
Felicia Wells Treasurer | 2 | $0 | |
Charlene Quaresma Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $29,928 |
Total Program Service Revenue | $127,032 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $15,990 |
Total Revenue | $172,950 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $111,834 |
Professional fees and other payments to independent contractors | $49,592 |
Occupancy, rent, utilities, and maintenance | $19,013 |
Printing, publications, postage, and shipping | $171 |
Other expenses | $37,999 |
Total expenses | $218,609 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $139,435 |
Other assets | $0 |
Total assets | $157,925 |
Total liabilities | $8,374 |
Net assets or fund balances | $149,551 |