Lucas Alvarez La6 Foundation Inc

Nonprofit profile at a glance

EIN
845183437
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025, Form 990-N 2024
Location
Miami, FL, USA
Phone
7862369093
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Student Services, Organizations of Students

Official website

Reported finances

Revenue
$81,727
Expenses
$94,548
Assets
$112,583
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • Elizabeth Alvarez (President and Director)
  • Alejandro Alvarez (Vice President, Secretary and Director)

People named in this filing

  • Elizabeth Alvarez (President and Director)
  • Alejandro Alvarez (Vice President, Secretary and Director)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Lucas Alvarez LA6 Foundation Inc provides support and educational opportunities for individuals seeking advanced studies in vocational, technical and/or traditional institutions. It also provides support, resources and mentorship to kids in the foster care system.

What it reported doing in 2025

Scholarship/Award Program: Lucas Alvarez LA6 Foundation Inc provides academic scholarships and funding which enables individuals to achieve their career dreams by attending vocational/technical/traditional schools. There were fifteen award recipients in 2025 with awards totaling $30,195.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 53% for direct work, and 47% for grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 100
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.2%; rating input score 78
  • Program expense ratio: 67.6%; rating input score 68

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -15.7%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 1.19; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 24.7%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 29.2% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 4.7% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 8.8% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 78.2% of revenue deployed · 67.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $64K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Sustainability: Operating margin scored 24/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.