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La Vida Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043396256 ✦ Lynn, MA ✦ Designated as a 501(c)(3)

Overview

What is La Vida Inc?

La Vida Inc, situated in Lynn, Massachusetts, is a three-year after-school program that caters to low-income, high-achieving students and their parents residing in Lynn and Chelsea. The primary objective of La Vida Inc. is to equip these students with the necessary resources and preparation required for college entry. Parents also participate in monthly meetings to learn how to effectively support their children throughout the college selection process. The organization's mission involves providing low-income families with matched funds for college savings and offering educational resources to make informed decisions about their children's higher education. With a team of nine dedicated individuals, La Vida Inc. strives to empower its students to unlock their full potential and secure a promising future.


Official website here: www.lavidascholars.org

Is La Vida Inc legitimate?

La Vida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Vida Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $301,170

For more financial information, click here


Official website here: www.lavidascholars.org

What is the mission statement of La Vida Inc?

La Vida Inc's mission is to equip low-income, high-achieving students with the necessary resources and preparation to enter colleges. The organization offers matched funds and provides training to parents, enabling them to make informed decisions about their child's higher education. La Vida Inc operates as a three-year after-school college preparatory program, assisting students in evaluating their best college fit, completing financial aid and college applications, and planning their future careers. The program also involves parent participants who meet regularly to learn how to support their children in the college selection process.


Official website here: www.lavidascholars.org

Who is the CEO of La Vida Inc?

Robert Hildreth is the President of La Vida Inc.


Official website here: www.lavidascholars.org

What is the revenue of La Vida Inc?

La Vida Inc's revenue in 2022 was $765,892.


Official website here: www.lavidascholars.org

Who are the executives of La Vida Inc and what are their salaries?

The average compensation at La Vida Inc during 2022 was $33,463. There are 9 employees at La Vida Inc.

Here are 9 key members and their salaries:

    Robert Hildreth (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alberto Calvo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gustavo Resendiz (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Mitchell (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Lopez (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hugo Carvajal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dean Atkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ivelisse Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leonardo Casillas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lavidascholars.org

    Where can I find the form 990 for La Vida Inc?

    The La Vida Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lavidascholars.org

    Learn more at the official website: www.lavidascholars.org

    Mission Statement of La Vida Inc

    La Vida Inc, a nonprofit organization, is committed to equipping low-income, high-achieving students in certain Massachusetts cities with the resources and preparation needed to enter colleges. The mission of La Vida Inc extends beyond just the students; it also awards matched funds to parents who save towards their child's higher education and provides them with the necessary training to make informed decisions in this regard. This three-year after-school college preparatory program is designed to help students evaluate the best college fit, complete financial aid and college applications, and begin planning their future careers. Simultaneously, parent participants meet monthly to learn how to support their children in the college selection process, ensuring a holistic approach to college preparation.

    Impact

    This information is meant to be a general summary of La Vida Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    La Vida Inc's impact is significant as it empowers low-income, high-achieving students in Lynn and Chelsea, MA with the resources and preparation necessary to enter colleges. By providing a three-year after-school college preparatory program, La Vida Inc helps students evaluate the best college fit, complete financial aid and college applications, and begin planning for their future careers. Additionally, the organization awards parents who save towards college with matched funds and provides training to help them make informed decisions regarding their child's higher education. Through these initiatives, La Vida Inc plays a crucial role in bridging the opportunity gap for students in these communities and promoting educational equality.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $765,892

    • Assets and Liabilities:
  • Total Assets: $557,785
  • Total Liabilities: $145,618
  • Net Assets: $412,167
  • Organization Details

    Founding Year

    1996

    Principal Officer

    Robert Hildreth

    Main Address

    120 MUNROE STREET, LYNN, MA, 01901

    NTEE Category

    Code: X22 - Religion related

    If you are a representative of La Vida Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.