Live Like Kayla Foundation
Nonprofit profile at a glance
- EIN
- 812925388
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024
- Location
- San Diego, CA, USA
- Phone
- 6198402265
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $54,463
- Expenses
- $68,513
- Assets
- $154,309
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- LAWRENCE CASTRO (President)
- ALLISON CASTRO (Vice President)
People named in this filing
- LAWRENCE CASTRO (President)
- JERRY HALAMUDA (TRESURER)
- MCKENZIE COOK (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Live like kayla foundation has been established with the specific charitable cause of providing educational scholarships and financial assistance to graduating seniors.
What it reported doing in 2024
Scholarships
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 36
- Transparency & Controls: 82
- Sustainability: 36
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 38.6%; rating input score 39
- Program expense ratio: 30.7%; rating input score 31
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -25.8%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 2.25; rating input score 68; 68th 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: 12.7% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: -6.8% per year; rating input score 0; 30th percentile among comparable filings
- Asset growth: 6.8% per year; rating input score 100; 64th percentile among comparable filings
Details
- Where the money goes: 38.6% of revenue deployed · 30.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $21K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2016 to 2024
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
- Moderate — Financial Efficiency: Program expense ratio scored 31/100.
- High — Sustainability: Operating margin scored 20/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.