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Naleo Educational Fund

Monterey Park, CA · EIN 52-1212849 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Naleo Educational Fund reported $11.9 million in revenue and $12.0 million in expenses for calendar year 2024. Of every $100 it spent, $75.56 went to program services, $17.92 to management and general costs and $6.52 to fundraising. Its largest source of revenue was contributions and grants: 93.4% of the total. The highest compensation it reported for one person was $258,012 (CHIEF EXECUTIVE OFFICER). 8 people received more than $100,000 in reportable compensation. Revenue fell 17% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $12M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
75.6%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
17.9%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
6.5%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.07$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
93.4%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
4.1%58.9%
Highest reported compensation
Part VII-A, columns D–F
$258,012$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.15%1.38%
People paid over $100,000
Part VII, line 2
86
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
5.36.8
Independent voting board members
Part VI 1a–1b
12 of 12100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$3.2M expenses · 35.1% of program spending · grants $750K · revenue $3.4M

Civic engagement: this program seeks to educate, mobilize, and integrate the latino community in the decision making process in order to strengthen american democracy. We achieve this through our naturalization, civic integration, and voter education and mobilization programs at the local community level

$2.1M expenses · 23.2% of program spending · revenue $2.8M

Constituency services: this latino program promotes the governance and policymaking success of latino officials through 8 institures held throughout the country that focus on energy, emergency preparedness, school governance, early learning, higher education and newly elected officials

$2.4M expenses · 26.4% of program spending · revenue $2.5M

Annual conference - brings together political, civic, and business leaders to attend presentations and workshops on public policy issues affecting the latino community and is supported through conference registration fees and corporate sponsorships

$1.4M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Officer, 30.00 hrs/week
$234,013$0$23,999$258,012
CHIEF OPERATIONS OFFICER
Key employee, 40.00 hrs/week
$208,898$0$21,422$230,320
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$206,472$0$21,174$227,646
CHIEF PUBLIC POLICY OFFICER
Highest compensated employee, 40.00 hrs/week
$207,510$0$0$207,510
CHIEF DEVELOPMENT OFFICER
Highest compensated employee, 40.00 hrs/week
$195,000$0$0$195,000
CHIEF COMMUNICATIONS OFFICER
Highest compensated employee, 40.00 hrs/week
$175,076$0$0$175,076
NATIONAL DIRECTOR OF CONSTITUENCY SERVICES
Highest compensated employee, 40.00 hrs/week
$154,800$0$0$154,800
NATIONAL DIRECTOR OF HR
Highest compensated employee, 40.00 hrs/week
$152,307$0$0$152,307

8 people received more than $100,000 in reportable compensation from Naleo Educational Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $716K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$12M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$12M$12M75.6%$5.3M$258,012
2023 ⓘ$10M$12M72.5%$5.5M$275,505
2022 ⓘ$10M$13M77.1%$7.1M$247,408
2021 ⓘ$13M$11M72.9%$10M$288,332
2020 ⓘ$11M$13M83.5%$8.9M$250,143
2019 (amended) ⓘ$14M$13M81.1%$12M$224,109

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 566

Private foundation grants it received

14 private foundations reported grants to Naleo Educational Fund totaling $3.4M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Naleo Educational Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Naleo Educational Fund, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in California

Questions people ask

How much of Naleo Educational Fund's spending goes to programs?

In calendar year 2024, Naleo Educational Fund reported that 75.6% of its $12.0 million in expenses went to program services, 17.9% to management and general and 6.5% to fundraising (Form 990, Part IX).

How much does Naleo Educational Fund pay its top executive?

The largest total compensation Naleo Educational Fund reported for one person in calendar year 2024 was $258,012, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Naleo Educational Fund get its money?

Of $11.9 million in revenue in calendar year 2024, 93.4% came from contributions and grants and 4.1% from program service revenue (Form 990, Part VIII).

Is Naleo Educational Fund a registered charity?

The IRS lists EIN 52-1212849 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513159349306521 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202431919349301133 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202322589349300332 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202202359349301900 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202102459349300200 · read the filing
  • 2019: Form 990 for calendar year 2019 (amended), object 202141749349300229 · read the filing

All filings for EIN 52-1212849: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.