Skip to main content

Nonprofit · EIN 20-4368366

LA MAESTRA FOUNDATION INC

Tax-exempt (reinstated) · SAN DIEGO, CA 92105

Financials

$1.9M$2.5M2023$2.8M$2.8M2024
Revenue Expenses · by fiscal year end
Financials of LA MAESTRA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,846,003$2,803,800$42,203$572,969$338,086$234,883
December 31, 2023990$1,896,998$2,503,581-$606,583$516,814$324,133$192,681
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,824,140
Program service revenue
$1,021,863
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,658,944
Salaries, compensation and benefits (total)
$1,883,587
Professional fundraising fees
$0
Legal fees
$78,263
Accounting fees
$3,613
Occupancy
$229,328
Travel
$1,517
Depreciation
$20,113
Program services (functional)
$1,819,306
Management and general (functional)
$911,171
Fundraising (functional)
$73,323

Balance sheet and other

Total assets, start of year
$516,814
Total assets, end of year
$572,969
Total liabilities, end of year
$338,086
Net assets, end of year
$234,883
Land, buildings and equipment
$37,741
Gross unrelated business income
$148,642
Gross receipts
$2,846,003
Employees
42
Year formed
2005
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARTY STROUDPRESIDENTCHAIRMAN
Trustee or director, Officer
1$0
CHARLENE CASTRODIRECTOR
Trustee or director
1$0
YESSICA QUIROZSECRETARY
Trustee or director, Officer
1$0
MONICA DE LA TORREVICE PRESIDENT
Trustee or director, Officer
1$0
SAMUEL MIRELESTREASURER
Trustee or director, Officer
1$0
JOHN KUEKDIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
CHARLENE CASTRODIRECTOR
Trustee or director
1$0
JOHN KUEKDIRECTOR
Trustee or director
0$0
SAMUEL MIRELESTREASURER
Trustee or director, Officer
1$0
MONICA DE LA TORREVICE PRESIDENT
Trustee or director, Officer
1$0
MARTY STROUDPRESIDENTCHAIRMAN
Trustee or director, Officer
1$0
YESSICA QUIROZSECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
4060 FAIRMOUNT AVE, SAN DIEGO, CA 92105-1608
In care of
% MARTY STROUD
Signed the 990
MARTY STROUD, CEO
Phone
(619) 584-1612
Return prepared by
Mark Boyer CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 20-4368366 or by the name LA MAESTRA FOUNDATION INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO PROVIDE AND SUPPORT ADVOCACY AND COMMUNITY SERVICES THAT IMPROVE THE OVERALL WELL BEING OF LOW-INCOME, CULTURALLY DIVERSE INDIVIDUALS AND FAMILIES IN SAN DIEGO WITH THE GOAL OF ACHIEVING SELF SUFFICIENCY.

990 for the year ended December 31, 2024

Program accomplishments

  • COFFEE CART, EMBROIDERY, MICRO CREDIT, BLOSSOMS (FLORIST SHOP, LEGAL AND ARE ALL PROGRAMS DESIGNED TO GIVE DISADVANTAGED PEOPLE TRAINING IN BUSINESS AND JOB SKILLS. HDC/ICR PROVIDES HOUSING FOR RECOVERING INDIVIDUALS.
    Expenses $682,822 · revenue $443,141
  • GENERATIONS IS AN AFTER SCHOOL EDUCATION PROGRAM PROVIDING EDUCATION ASSISTANCE TO CHILDREN DURING AFTER SCHOOL HOURS. THE PROGRAM OFFERS COURSES IN ACADEMICS, ARTS, MUSIC AND TECHNOLOGY.
    Expenses $538,058 · revenue $276,716
  • THE PRINT SHOP PROVIDES VOCATIONAL TRAINING AND JOB SKILLS TO INDIVIDUALS IN RECOVERY PROGRAMS.
    Expenses $410,105 · revenue $464,771
  • THE LAUNDRY OPERATION PROVIDES VOCATION TRAINING.
    Expenses $188,321 · revenue $246,328

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-4368366
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$572,969
Income (IRS master file)
$2,846,003

Revocation and reinstatement

Exemption revoked
May 15, 2014
Posted by the IRS
October 15, 2014
Reinstated
Effective May 15, 2014

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,846,003$2,803,800$572,969XML
990-TDecember 2024–––IRS
990December 2023$1,896,998$2,503,581$516,814XML
990-TDecember 2023–––IRS
990December 2022$2,525,268$2,448,572$1,107,125IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4368366).

Questions about LA MAESTRA FOUNDATION INC

What is the EIN of LA MAESTRA FOUNDATION INC?
The employer identification number (EIN) of LA MAESTRA FOUNDATION INC is 20-4368366.
Is LA MAESTRA FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2014 and reinstated it effective May 15, 2014.
Are donations to LA MAESTRA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LA MAESTRA FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LA MAESTRA FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LA MAESTRA FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of LA MAESTRA FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does LA MAESTRA FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,846,003, expenses of $2,803,800 and total assets of $572,969 at year end.

Other nonprofits in SAN DIEGO

All nonprofits in SAN DIEGO · California · Community improvement and capacity building