LASPA Cares for Kids Inc
Nonprofit profile at a glance
- EIN
- 462095293
- IRS 990-EZ coverage
- 2015–2021
- Forms available
- Form 990 2013, Form 990-EZ 2021, Form 990-N 2014
- Location
- Monterey ParK, CA, USA
- Phone
- 3239812850
- Rating confidence
- Limited
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $200
- Expenses
- $77,377
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- cesar romero (president)
- daniel vargas (vice president)
People named in this filing
- cesar romero (president)
- daniel vargas (vice president)
- mario salazar (secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide eye care programs to poor, distressed, underprivileged needy or at risk children. This includes, but is not limited to, providing eye exams and prescription glasses as well as other preventative eye care services. Allowing access to better vision for these children will allow them to succeed in school and participate in athletic programs. Success in school and participation in athletics makes the child less likely to be at risk for gang recruitment or to participate in detrimental behavior. This allows the child an opportunity to graduate from high school and become a productive and successful member of society. In addition, due to the economic climate, many families are facing financial hardship. Laspa cares for kids has an "adopt a family" program that provides meals and toys for those families that struggle through the thanksgiving and christmas holiday seasons.
What it reported doing in 2021
Due to the economic climate, many families are facing financial hardship. laspa cares FOR kids has an "adopt a family" program that provides meals and toys for those families that struggle through the thanksgiving and christmas holiday seasons.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 7
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -38,588.5%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 38% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: -4% per year; rating input score 0; 45th percentile among comparable filings
- Asset growth: -5.5% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2015 to 2021
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.