2025-11-10T12:13:11-06:00 2024-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2024-01-01 954384333 TELACU EDUCATION FOUNDATION TELA 3237211655 5400 E OLYMPIC BLVD 300 LOS ANGELES CA 900225178 MICHAEL LIZARRAGA PRESIDENT 3237211655 2025-11-03 1 0 CASSIA J HARLEMAN P01086202 3178485700 2024 2025-03-06 01:10:19Z MICHAEL LIZARRAGA 5400 E OLYMPIC BLVD 300 LOS ANGELES CA 900225178 4299681 0 X N/A X 1992 CA THE FOUNDATION PROVIDES SERVICES AND RESOURCES FOR SCHOLARSHIP PROGRAMS AND EDUCATIONAL ENRICHMENT PROGRAMS. 7 3 42 0 0 0 4384034 4106864 0 0 56545 65485 -348095 -320349 4092484 3852000 781154 760616 0 0 2218780 2519408 0 0 0 1179387 1060075 4179321 4340099 -86837 -488099 3813540 3524667 573892 773118 3239648 2751549 THE FOUNDATION PROVIDES SERVICES AND RESOURCES FOR SCHOLARSHIP PROGRAMS AND EDUCATIONAL ENRICHMENT PROGRAMS. 0 0 2485095 583616 PROGRAM DESIGNED TO ASSIST PARTICIPANTS IN ENTERING POST SECONDARY EDUCATIONAL INSTITUTIONS. THE PROGRAM IS FUNDED THROUGH A FEDERAL GRANT AND DONATIONS. 721285 PROGRAM DESIGNED TO ENCOURAGE GRAMMAR AND MIDDLE SCHOOL STUDENTS TO COMPLETE SECONDARY AND POST SECONDARY EDUCATION AND ENTER POST SECONDARY EDUCATIONAL INSTITUTIONS. THE PROGRAM IS FUNDED THROUGH A FEDERAL GRANT. 631207 177000 PROGRAM DESIGNED TO ENCOURAGE SECONDARY SCHOOL STUDENTS TO ACQUIRE A POST SECONDARY EDUCATION IN THE FIELD OF NURSING. THE PROGRAM IS FUNDED THROUGH CONTRIBUTIONS. 3837587 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 17 0 1 42 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 3 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X EDWARD RA 3237211655 5400 E OLYMPIC BLVD 300 LOS ANGELES CA 90022 X MICHAEL LIZARRAGA PRESIDENT/DIR 0.10 48.00 X X 0 2292957 41086 DAVID LIZARRAGA DIRECTOR 1.50 48.00 X 0 999812 23776 PRISCILLA LIZARRAGA VP/SECR/TREAS/DIR 0.10 48.00 X X 0 369572 24242 JAMES HODGES DIRECTOR 1.00 0.10 X 0 36000 0 CARMEN O PEREZ DIRECTOR 1.00 0.10 X 0 20000 0 KRISTIE HERNANDEZ DIRECTOR 1.00 0.10 X 0 10000 0 FIDEL GOMEZ DIRECTOR 1.00 0.10 X 0 0 0 LAUREN LIZARRAGA GRAY SENIOR VP 48.00 X 190959 0 34622 LILIAN S GONZALEZ PROGRAM DIRECTOR 40.00 0.00 X 114771 0 11251 305730 3728341 134977 2 0 1 0 0 412735 2107485 1586644 4106864 65485 65485 127273 412735 447681 -320408 -320408 MISCELLANEOUS INCOME 531110 59 59 59 3852000 0 0 -254864 760616 760616 2036636 1725783 310853 19090 13092 5998 310539 272169 38370 153143 134495 18648 23000 23000 16856 10856 6000 47678 24620 23058 64861 54048 10813 16505 15180 1325 63291 61906 1385 23818 23818 STUDENT MATERIALS 492382 492382 FACILITY & MEALS 166597 166597 GENERAL & ADMINISTRATIV 145087 82843 62244 4340099 3837587 502512 0 1064601 864672 1856686 1921283 676513 592098 71497 36342 599220 556806 94822 42414 49421 67858 3813540 3524667 557405 623365 7924 148030 8563 1723 573892 773118 X 1479431 1181265 1760217 1570284 3239648 2751549 3813540 3524667 -488099 0 X X 0 1 X 1 1 1 X X X 1 EAST LOS ANGELES COMMUNITY UNION 952554256 7 1 673793 0 1 673793 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 599220 556806 42414 42414 LEASE LIABILITY 1723 1723 X 3852000 0 3852000 0 3852000 4340099 0 4340099 0 4340099 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX, AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE FINANCIAL STATEMENTS. X X 0 ANNUAL SCHOLARSHIP DINNER 540008 412735 127273 465 127273 319943 540008 412735 127273 465 127273 319943 447681 -320408 1 CALIFORNIA STATE UNIVERSITY 5151 STATE UNIVERSITY DR LOS ANGELES CA 90032 954016653 501(C)(3) 0 35750 IN ORDER TO PROVIDE SCHOLARSHIPS TO ASSIST STUDENTS TO GRADUATE. UNIVERSITY OF CALIFORNIA LOS ANGELES UCLA FINANCIAL AID OFFICE A-125 MURPHY HALL BOX 951435 LOS ANGELES CA 90095 956006143 501(C)(3) 0 9990 IN ORDER TO PROVIDE SCHOLARSHIPS TO ASSIST STUDENTS TO GRADUATE. UNIVERSITY OF SOUTHERN CALIFORNIA UNIVERSITY PARK CAMPUS 3551 TROUSDALE PKWY SUITE 160 LOS ANGELES CA 90089 951642394 501(C)(3) 0 10500 IN ORDER TO PROVIDE SCHOLARSHIPS TO ASSIST STUDENTS TO GRADUATE. BIOLA UNIVERSITY INC 13800 BIOLA AVE LA MIRADA CA 90639 950549600 501(C)(3) 0 10000 IN ORDER TO PROVIDE SCHOLARSHIPS TO ASSIST STUDENTS TO GRADUATE. 5 SCHOLARSHIPS 417 673793 1 X X 0 1 0 0 0 0 0 0 0 MICHAEL LIZARRAGA PRESIDENT/DIR 0 584317 0 1700000 0 8640 0 6100 0 34986 0 2334043 0 0 DAVID LIZARRAGA DIRECTOR 0 891172 0 100000 0 8640 0 6100 0 17676 0 1023588 0 0 PRISCILLA LIZARRAGA VP/SECR/TREAS/DIR 0 244572 0 125000 0 0 0 6100 0 18142 0 393814 0 0 LAUREN LIZARRAGA GRAY SENIOR VP 150959 0 40000 0 0 0 1000 0 33622 0 225581 0 0 0 SCHEDULE J LINE 4B ADDITIONAL COMPENSATION DISCLOSURE--MICHAEL LIZARRAGA IN ADDITION TO THE $30,500 401(K) PLAN, THE PRESIDENT WILL RECEIVE AN EXECUTIVE RETIREMENT BENEFIT PAYABLE UPON RETIREMENT OF $175,000 A YEAR FOR LIFE FROM A RELATED ORGANIZATION. AS OF 12/31/2024, MR. LIZARRAGA WAS 70% VESTED IN THE BENEFIT. IN ADDITION, MR. LIZARRAGA WILL RECEIVE DEFERRED COMPENSATION LUMP SUM PAYMENT WITH A CURRENT VALUE OF APPROXIMATELY $159,278. AS OF 12/31/2024, MR. LIZARRAGA WAS 100% VESTED. FORM 990, PART VI, SECTION A, LINE 2 MICHAEL LIZARRAGA PRESIDENT/CEO IS THE SON OF DAVID LIZARRAGA CHAIRMAN OF THE BOARD OF DIRECTORS AND PRISCILLA LIZARRAGA VP/SECRETARY/TREASURER. FORM 990, PART VI, SECTION A, LINE 7A BOARD OF DIRECTORS OF THE EAST LOS ANGELES COMMUNITY UNION, A 501(C)(3) ORGANIZATION, SELECTS THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PRESENTED TO THE CONTROLLER WHO FORWARDS A COPY OF THE RETURN TO EACH BOARD MEMBER FOR COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C REVIEW THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS IN COMPLIANCE. ADDITIONAL MEETINGS WILL OCCUR IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION POLICY IS DETERMINED BASED UPON OCCASIONAL COMPENSATION STUDIES PERFORMED BY AN INDEPENDENT CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B: AVERAGE NUMBER OF HOURS WORKED ALL OF THE OFFICERS, DIRECTORS, AND EMPLOYEES LISTED IN PART VII, SECTION A PERFORM SIMILAR DUTIES AND HAVE SIMILAR RESPONSIBILITIES FOR RELATED ORGANIZATIONS AS THEY DO FOR THIS ORGANIZATION. THAT IS, THEY MAKE MAJOR DECISIONS AND PROVIDE MANAGEMENT SERVICES. WHILE THE DUTIES AND RESPONSIBILITIES ARE SIMILAR, THOSE LISTED IN PART VII, SECTION A DO NOT SPEND THE SAME AMOUNT OF TIME ON EACH TYPE OF RELATED ENTITY. THE HOURS WORKED PER WEEK ARE NOT RECORDED FOR OFFICERS; 48 HOURS IS BEING REPORTED AS THE AMOUNT WORKED FOR RELATED ORGANIZATIONS. WHILE 48 HOURS PER WEEK IS LISTED, THE OFFICERS OFTEN WORK MORE THAN 48 HOURS PER WEEK. FORM 990, PART XII, LINE 2C: OVERSIGHT OF AUDITING FUNCTION THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM. PART VII, SECTION A ADDITIONAL COMPENSATION DISCLOSURE--MICHAEL LIZARRAGA IN ADDITION TO THE $30,500 401(K) PLAN, THE PRESIDENT WILL RECEIVE AN EXECUTIVE RETIREMENT BENEFIT PAYABLE UPON RETIREMENT OF $175,000 A YEAR FOR LIFE FROM A RELATED ORGANIZATION. AS OF 12/31/2024, MR. LIZARRAGA WAS 70% VESTED IN THE BENEFIT. IN ADDITION, MR. LIZARRAGA WILL RECEIVE DEFERRED COMPENSATION LUMP SUM PAYMENT WITH A CURRENT VALUE OF APPROXIMATELY $159,278. AS OF 12/31/2024, MR. LIZARRAGA WAS 100% VESTED. 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