Mi Leyenda Foundation

Nonprofit profile at a glance

EIN
883478800
IRS 990-EZ coverage
2025–2025
Forms available
Form 990-EZ 2025
Location
Thornton, CO, USA
Phone
9703136702
Rating
54
Verdict
MIXED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$7,219
Expenses
$1,500
Assets
$5,719
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

  • Royer Lopez (President)
  • Angelica Chavez-Lopez (Executive Director)

People named in this filing

  • Royer Lopez (President)
  • Angelica Chavez-Lopez (Executive 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

Mi Leyenda Foundation is a 501(c)(3) nonprofit organization dedicated to supporting first generation students pursuing higher education. The foundation provides scholarships financial assistance mentorship and community support to help students access and complete college while promoting educational opportunity and leadership development.

What it reported doing in 2025

Mi Leyenda Foundation provides scholarships and mentorship to first generation college students pursuing higher education. The organization works to increase access to college for students by providing financial assistance community support and leadership development opportunities designed to help students succeed in their academic journey.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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 revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 34
  • Transparency & Controls: 82
  • Sustainability: 83
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 13.9%; rating input score 14
  • Program expense ratio: 66.7%; rating input score 67

Transparency & Controls

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

Sustainability

  • Operating margin: 79.2%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 3.81; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 13.9% of revenue deployed · 66.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 14/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.