2024-11-06T22:09:34-06:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-01-01 461211285 LATINO U COLLEGE ACCESS INC LATI 9148280397 75 VIRGINIA ROAD 2ND FLOOR WHITE PLAINS NY 10603 LISA BELL TREASURER 9148280397 2024-11-06 1 1 GARRETT M HIGGINS P00543209 9143818900 2024-11-06 2023 2024-10-15 13:58:12Z LISA BELL 75 VIRGINIA ROAD 2ND FLOOR WHITE PLAINS NY 10603 1723046 0 X WWW.LATINOU.ORG X 2012 NY WE EMPOWER FIRST-GENERATION LATINO STUDENTS ON THEIR JOURNEYS TO AND THROUGH COLLEGE COMPLETION SO THEY CAN FULFILL THEIR REMARKABLE POTENTIAL. 15 14 17 132 0 0 1295517 1672216 42210 22250 572 11570 -76792 -83763 1261507 1622273 13000 18498 0 0 779850 936846 0 0 217993 309857 362394 1102707 1317738 158800 304535 1189157 1557587 21023 87918 1168134 1469669 X LUCA'S MISSION IS TO INCREASE COLLEGE ENROLLMENT AND COMPLETION AMONG LOW-INCOME, FIRST-GENERATION HISPANIC YOUTH. A SIX-YEAR PROGRAM, WE ACCOMPLISH THIS MISSION BY PROVIDING INDIVIDUALIZED ASSISTANCE AND DELIVERING CULTURALLY RELEVANT, BILINGUAL SUPPORT FROM COLLEGE ADMISSIONS THROUGH COMPLETION; ENSURING STUDENTS FULFILL THEIR ACADEMIC AND LIFE POTENTIAL. 0 0 381059 18498 22250 THE LUCA SCHOLARS ACCESS PROGRAM GUIDES STUDENTS WHO HAVE DEMONSTRATED ACADEMIC APTITUDE THROUGH INDIVIDUALIZED COACHING TO ENSURE THEY ENROLL IN COLLEGES THAT MEET THEIR UNIQUE ACADEMIC AND FINANCIAL NEEDS. IT BEGINS IN JUNIOR YEAR OF HIGH SCHOOL WHEN STUDENTS ARE NOMINATED BY SCHOOL COUNSELORS IN EIGHT PARTNER SCHOOL DISTRICTS. SCHOLARS ARE THEN PAIRED WITH HIGHLY-TRAINED VOLUNTEER COLLEGE COACHES WHO PROVIDE INTENSIVE MENTORSHIP AND GUIDANCE THROUGHOUT THE COLLEGE ADMISSIONS PROCESS. IN ADDITION, LUCA PROVIDES ASSISTANCE COMPLETING FINANCIAL AID APPLICATIONS TO ENSURE STUDENTS RECEIVE FEDERAL, STATE, AND INSTITUTIONAL AID TO MEET THEIR FINANCIAL NEEDS. 316000 0 0 THE LUCA SCHOLARS COLLEGE SUCCESS PROGRAM PROVIDES COMPREHENSIVE, FAMILY-CENTERED SUPPORT TO LUCA SCHOLARS ONCE THEY ENROLL IN COLLEGE TO ENSURE THEY GRADUATE ON TIME AND CAREER-READY. LUCA DELIVERS ONGOING SUPPORT THROUGHOUT THE FIRST TWO YEARS OF COLLEGE ASSISTING STUDENTS IN TRANSITION AND COLLEGE RETENTION. IN JUNIOR AND SENIOR YEARS OF COLLEGE CORPORATE VOLUNTEERS AND LUCA WORKSHOPS HELP SCHOLARS DEVELOP CAREER READINESS SKILLS TO SUCCESSFULLY ENTER THEIR FIRST CAREERS UPON GRADUATION. PARENT WORKSHOPS ENGAGE PARENTS IN SUPPORTING THEIR CHILDREN THROUGH COLLEGE.LUCA'S CULTURALLY RELEVANT APPROACH HAS DEMONSTRATED INCREDIBLE SUCCESS IN COLLEGE COMPLETION. OVER 90% OF SCHOLARS HAVE EITHER GRADUATED OR ARE ON TRACK TO GRADUATE WITHIN 4 TO 6 YEARS, AND 50% ARE ENROLLED AT "MOST SELECTIVE OR "VERY SELECTIVE" FOUR-YEAR UNIVERSITIES. 232353 0 0 LUCA SERVES THE BROADER LATINO COMMUNITY IN WESTCHESTER COUNTY BY. SHARING INFORMATION AND RESOURCES THROUGH COMMUNITY ENGAGEMENT. LUCA DELIVERS CULTURALLY RELEVANT, BILINGUAL PRESENTATIONS THAT PREPARE STUDENTS AND FAMILIES TO BEGIN NAVIGATING THE COLLEGE APPLICATION AND FINANCIAL AID PROCESSES. PRESENTATIONS ARE DELIVERED VIRTUALLY OR IN PERSON AND INCLUDE FAFSA BOOTCAMPS, "PATHWAYS TO COLLEGE", "APPLYING TO COLLEGE", AND "PAYING FOR COLLEGE". OVER THE LAST ELEVEN YEARS, COMMUNITY INFORMATION SESSIONS HAVE REACHED 7,500 PARENTS AND STUDENTS FROM 9 WESTCHESTER COUNTY SCHOOL DISTRICTS. 929412 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 17 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 14 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X LISA BELL 9148280397 75 VIRGINIA ROAD 2ND FLOOR WHITE PLAINS NY 10603 CHRISTINE LOUVET CHAIRPERSON 3.00 X X 0 0 0 STEVE MORNEY CHAIRPERSON THRU DECEMBER 2023 3.00 X X 0 0 0 TAMARA VASQUEZ VICE CHAIRPERSON 1.50 X X 0 0 0 SHAWN EDWARDS SECRETARY 1.50 X X 0 0 0 LISA M BELL TREASURER 2.00 X X 0 0 0 MIGUEL M MENDEZ DIRECTOR 0.50 X 0 0 0 RAFAEL PREZ DIRECTOR 1.00 X 0 0 0 ALDO POLAK DIRECTOR 0.50 X 0 0 0 CLARA ROMAN DIRECTOR 1.50 X 0 0 0 JONATHAN SCHWARTZ DIRECTOR 1.00 X 0 0 0 MATTHEW J SEARLES DIRECTOR 0.50 X 0 0 0 SCOTT SILVERSTEIN DIRECTOR 0.50 X 0 0 0 RODRIGO TRELLES ZABALA DIRECTOR 0.50 X 0 0 0 DALIA HERNANDEZ VALDES DIRECTOR 1.00 X 0 0 0 PATRICIA BOGOYA-BRAVO DIRECTOR 0.50 X 0 0 0 SHIRLEY A BUONTEMPO STRATEGIC GROWTH OFFCER/ FOUNDER 40.00 X X 19615 0 0 COSETTE GUTIERREZ EXECUTIVE DIRECTOR (THRU DEC 2023) 40.00 X 134587 0 17776 154202 0 17776 1 0 1 0 0 381921 724829 565466 7300 1672216 PROGRAM FEES 611710 22250 22250 22250 11570 11570 17010 381921 100773 -83763 -83763 1622273 22250 0 -72193 18498 18498 171979 91418 38091 42470 672520 499283 36426 136811 9608 7219 37 2352 27546 20071 1123 6352 55193 38688 4737 11768 70115 70115 72142 72142 3558 3558 82480 73352 9128 9085 6814 908 1363 51486 44792 3347 3347 9317 7190 2127 6084 6084 3631 2723 363 545 24234 18176 6058 DIRECT PROGRAM EXPENSES 15889 15889 PROGRAM EVENTS 7300 7300 MEALS 7073 7073 1317738 929412 170333 217993 744655 592883 126321 286678 294219 635512 12230 11519 22338 12848 10932 9490 800 21505 1189157 1557587 11271 67213 9752 0 0 20705 21023 87918 X 1098181 1390622 69953 79047 1168134 1469669 1189157 1557587 X 304535 -3000 X X 0 1 X 1 0 X 788880 844594 1266150 1295517 1672216 5867357 788880 844594 1266150 1295517 1672216 5867357 414804 5452553 107 349 518 887 11570 13431 8 8 5880796 179009 0.92720 0.95960 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 8. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15103 5613 9490 7235 7235 0 9490 LT LEASE LIABILITY - OPERATING 20705 20705 X 1659985 37712 37712 1622273 0 1622273 1358450 37712 3000 40712 1317738 0 1317738 PART X, LINE 2: LUCA RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT LUCA HAD NO UNCERTAIN TAX POSITIONS THAT THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. LUCA IS NO LONGER SUBJECT TO EXAMINATIONS BY APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2020. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE-OFF OF UNCOLLECTIBLE PLEDGES REPORTED ON PART XI, LINE 9: 3,000. VISIONES 398931 381921 17010 29756 500 70517 398931 381921 17010 29756 500 70517 100773 -83763 1 SCHOLARSHIPS 13 18498 PART I, LINE 2: LUCA AWARDS FIRST EN FAMILIA SCHOLARSHIPS ANNUALLY RANGING FROM $500 TO $2,500 PER STUDENT. IN 2023, WE AWARDED 13 SCHOLARSHIPS FOR A GRAND TOTAL OF $18,498. SCHOLARS WHO DEMONSTRATE A GAP IN THEIR FINANCIAL AID PACKAGE (COST OF ATTENDANCE EXCEEDS FINANCIAL AID AWARD) ARE ELIGIBLE TO APPLY. SCHOLARS SUBMIT A SMALL APPLICATION THAT IS REVIEWED BY A COMMITTEE OF LUCA STAFF. SCHOLARSHIP AMOUNTS ARE DETERMINED BASED ON PROGRAM ENGAGEMENT, SIZE OF FINANCIAL GAP, AND ACADEMIC INTEREST. THE SIZE OF THE SCHOLAR'S GAP IS VALIDATED BY RECEIVING A COPY OF THE FINANCIAL AID AWARD LETTER FROM THEIR COLLEGE OF MATRICULATION. THE CHECKS ARE MADE OUT TO THE SCHOLARS, GIVEN OUT AT GRADUATION CELEBRATION IN JUNE, AND FUNDS CAN BE UTILIZED TO COVER INDIRECT COSTS SCHOLARS HAVE, INCLUDING BUT NOT LIMITED TO BOOKS, TRANSPORTATION, AND OTHER PERSONAL EXPENSES. X X X 0 0 0 0 0 0 0 0 0 COSETTE GUTIERREZ EXECUTIVE DIRECTOR (THRU DEC 2023) 134587 0 0 0 0 0 4800 0 12976 0 152363 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 AMENDMENT MADE TO BY-LAWS TO INCREASE MAXIMUM NUMBER OF BOARD MEMBERS FROM 15 TO 18 TO ALLOW FOR GROWTH. FORM 990, PART VI, SECTION B, LINE 11B LATINO U HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS THE POLICY OF LATINO U THAT THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE FINAL REVIEW OF IRS FORM 990 THAT IS TO BE FILED ON BEHALF OF THE ORGANIZATION. AFTER THE FINANCE COMMITTEE HAS REVIEWED THE FORM, IT IS PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO THE BOARD MEMBERS AND EMPLOYEES. EACH COVERED PERSON SHALL BE REQUIRED TO ACKNOWLEDGE THAT HE OR SHE HAS READ AND IS IN COMPLIANCE WITH THIS POLICY ANNUALLY. WHEN A COVERED PERSON BECOMES AWARE OF A PROPOSED COVERED TRANSACTION, HE OR SHE HAS A DUTY TO DISCLOSE THE TRANSACTION IN WRITING TO THE BOARD. HE OR SHE MUST REFRAIN FROM USING THEIR PERSONAL INFLUENCE TO ENCOURAGE THE CONDUCT OF THE COVERED TRANSACTION. HE OR SHE MUST PHYSICALLY EXCUSE THEMSELVES FROM ANY DISCUSSIONS REGARDING THE COVERED TRANSACTION EXCEPT TO ANSWER QUESTIONS, INCLUDING BOARD DISCUSSION AND DECISION ON THE SUBJECT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS AND CEO ANNUALLY REVIEW LUCA'S COMPENSATION POLICY AND SALARY LEVELS FOR SENIOR AND PROGRAM MANAGEMENT TEAMS. THE REVIEW INCLUDES AN ASSESSMENT OF COMPENSATION RANGES FOR COMPARABLE POSITIONS WITHIN ORGANIZATIONS OF COMPARABLE SIZE FOR CEO, DEPUTY DIRECTOR, AND PROGRAM MANAGERS. THESE REVIEWS ARE CONDUCTED TO ASSESS LUCA'S HISTORICAL SALARY RANGES AND ESTABLISH COMPETITIVE LEVELS THAT WILL AID IN THE RECRUITMENT AND RETENTION OF KEY PERSONNEL WHILE STRENGTHENING THE INFRASTRUCTURE OF THE ORGANIZATION. COMPARABLE ORGANIZATION DATA IS OBTAINED FROM THE NON PROFIT NEW YORK'S 2021 SALARY SURVEY AND THE PROFESSIONALS FOR NONPROFITS STAFFING GROUP'S 2022 NONPROFIT SALARIES & TRENDS FOR GREATER NEW YORK CITY. THE REVIEW IS DOCUMENTED IN THE BOARD MINUNTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: WRITE-OFF OF UNCOLLECTIBLE PLEDGES -3,000. PART XII, LINE 2C: THE FINANCE COMMITTEE UNDERTOOK THE SEARCH, DUE DILIGENCE AND FINAL SELECTION OF THE INDEPENDENT ACCOUNTING FIRM AND DOCUMENTED THAT DUE DILIGENCE. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEARS. FORM 990, PART IX, LINE 5: COMPENSATION PAID TO KEY EMPLOYEES REPRESENTS PAYMENTS FOR SERVICES AND IS COMMENSURATE WITH THE JOB RESPONSIBILITY AND MARKET WAGES FOR SIMILAR NON-PROFIT POSITIONS.