HISPANIC FOUNDATION OF SILICON VALLEY: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- HISPANIC FOUNDATION OF SILICON VALLEY (EIN 77-0481921)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202113199349326746
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T17:53:02-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 261508234 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHEELER ACCOUNTANTS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1475 SARATOGA AVE STE 100 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 951294951 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770481921 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HISPANIC FOUNDATION OF SILICON | BusinessNameLine1Txt |
| Business Name Line2 | VALLEY | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HISP | BusinessNameControlTxt |
| Phone | 4082167612 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1922 THE ALAMEDA NO 217 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95126 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RON GONZALES | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 4082167643 | PhoneNum |
| Signature | 2021-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RON | PersonFirstNm |
| Person Last | GONZALES | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL J BRYANT CPA | PreparerPersonNm |
| PTIN | P01568974 | PTIN |
| Phone | 4082521800 | PhoneNum |
| Preparation | 2021-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RON GONZALES | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1922 THE ALAMEDA NO 217 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95126 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,524,202 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.HFSV.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | INVESTING IN THE HEALTH, EDUCATION & LEADERSHIP OF THE HISPANIC COMMUNITY IN SILICON VALLEY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Total Volunteers | 30 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $2,153,248 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,463,217 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $14,390 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $18,130 | CYProgramServiceRevenueAmt |
| PY Investment Income | $8,866 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,811 | CYInvestmentIncomeAmt |
| PY Other Revenue | $19,987 | PYOtherRevenueAmt |
| CY Other Revenue | $12,948 | CYOtherRevenueAmt |
| PY Total Revenue | $2,196,491 | PYTotalRevenueAmt |
| CY Total Revenue | $2,497,106 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $459,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,228,922 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $709,191 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $755,781 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $328,875 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $440,807 | PYOtherExpensesAmt |
| CY Other Expenses | $605,481 | CYOtherExpensesAmt |
| PY Total Expenses | $1,608,998 | PYTotalExpensesAmt |
| CY Total Expenses | $2,590,184 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $587,493 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$93,078 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,883,694 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,926,024 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $95,546 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $207,894 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,788,148 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,718,130 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE HISPANIC FOUNDATION OF SILICON VALLEY IS A PUBLIC FOUNDATION DEDICATED TO INSPIRING COMMUNITY PHILANTHROPY AND ENGAGING PEOPLE TO INVEST IN THE EDUCATIONAL ACHIEVEMENT, LEADERSHIP DEVELOPMENT, RESEARCH, AND CONVENING AND ENGAGING THE HISPANIC COMMUNITY TO IMPROVE THE QUALITY OF LIFE FOR LATINOS AND THE SILICON VALLEY REGION. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $515,308 | ExpenseAmt |
| Revenue | $513,416 | RevenueAmt |
| Desc | IN 2011 THE HISPANIC FOUNDATION OF SILICON VALLEY (HFSV) PUBLISHED THE FIRST SILICON VALLEY LATINO REPORT CARD TO BETTER UNDERSTAND LATINOS' LIVELIHOOD IN SILICON VALLEY. THE REPORT RESULTS PROVIDED SUBSTANTIAL DATA, ANALYSIS, AND COMPARISONS ABOUT THE CHALLENGES LATINOS FACE EVERY DAY AND SHARPENED HFSV'S MISSION TO IMPROVE THE QUALITY OF LIFE FOR LATINOS IN SILICON VALLEY THROUGH EDUCATION. IN EARLY 2014, HFSV WENT INTO LATINO NEIGHBORHOODS AND ASKED FAMILIES TO PARTICIPATE IN A SURVEY, A PROJECT THAT GENERATED OVER 2,000 RESPONSES. THE RESULT OF THIS WAS THE VOICES OF CHANGE REPORT PUBLISHED IN LATE 2014. THE REPORT INDICATED THAT 40% OF THE PARTICIPANTS PLACE EDUCATION AS THE MOST IMPORTANT CHALLENGE, AND INCREASING YOUTH PROGRAMS TO PREVENT STUDENT DROPOUTS IS THE SOLUTION. IN 2016, THE HISPANIC FOUNDATION COLLEGE SUCCESS CENTER (HFCSC) WAS DESIGNED FOR LATINX YOUTHS AND PARENTS TO INCREASE EDUCATIONAL OPPORTUNITIES. OUR HFCSC IS A ONE-STOP HUB THAT ENCAPSULATES OUR "CRADLE TO CAREER" COURSE OF ACTION THAT EMPOWERS ELEMENTARY SCHOOL, MIDDLE SCHOOL, HIGH SCHOOL, COLLEGE STUDENTS, AND THEIR PARENTS TO EXCEL THROUGH EDUCATION EFFORTS AND UNDERSTAND THE IMPORTANCE OF A COLLEGE EDUCATION. THE HFCSC HELPS STUDENTS AND PARENTS OBTAIN INFORMATION ON COLLEGE ACCESS, ADVICE, GUIDANCE, WORKSHOPS, AND ONLINE RESOURCES. THE HFCSC IS RUN BY TWO FULL-TIME HFSV STAFF AND AN INTERN FROM SANTA CLARA UNIVERSITY. MELISSA CANELA, EDUCATION PROGRAMS MANAGER, JOINED THE TEAM IN MARCH OF 2020 AND IS RESPONSIBLE FOR OVERSEEING THE HFCSC AND BUILDING COMMUNITY PARTNERSHIPS. KARLA MONDRAGON BECAME EDUCATION PROGRAMS COORDINATOR IN JANUARY 2021. IN HER ROLE, KARLA HANDLES PROGRAM LOGISTICS AND PARTNER COLLABORATIONS WITH CURRENT AND NEW PROGRAMS. CAROLYN VALENCIA JOINED THE HFCSC TEAM AS THE EDUCATION PROGRAMS INTERN IN OCTOBER OF 2020. SHE BROUGHT A NEW LEVEL OF CHARISMA AND ANALYTICAL SKILLS TO THE TEAM WITH HER EDUCATIONAL BACKGROUND IN FINANCE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $88,822 | ExpenseAmt |
| Revenue | $43,976 | RevenueAmt |
| Desc | THE LATINO BOARD LEADERSHIP ACADEMY TRAINS LATINOS TO VOLUNTEER THEIR TIME IN LEADERSHIP ROLES AS BOARD MEMBERS OF NONPROFITS IN OUR REGION. LESS THAN 3% OF LATINOS SERVE ON NONPROFIT BOARDS IN SILICON VALLEY. WE RECRUIT, TRAIN, AND GUIDE LATINOS TO MAXIMIZE THEIR IMPACT. THIS 10-WEEK ACADEMY TRAINS LATINOS ON HOW TO SERVE IN LEADERSHIP ROLES AS BOARD MEMBERS OF NONPROFITS IN SILICON VALLEY. LBLA ADDRESSES THE LEADERSHIP GAP BY RECRUITING, TRAINING, AND GUIDING LATINOS TO MAXIMIZE THEIR POWER OF GIVING. FELLOWS WILL DEVELOP SKILLS AS A LEADER, INTEGRATE CULTURAL COMPETENCE, AND BE CONNECTED TO A STRONG NETWORK OF PEERS ACROSS SILICON VALLEY. LEADERSHIP DEVELOPMENT PROGRAMS LIKE THE LBLA, ALONGSIDE OUR EDUCATION EXCELLENCE INITIATIVES, ARE VITAL TO ADVANCING AND IMPROVING THE QUALITY OF LIFE FOR THE LATINX COMMUNITY IN SILICON VALLEY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,458,947 | ExpenseAmt |
| Grant | $1,226,200 | GrantAmt |
| Revenue | $1,493,614 | RevenueAmt |
| Desc | ALTHOUGH LATINOS REPRESENT 28% OF THE TOTAL POPULATION IN SILICON VALLEY, ONLY 3% ARE IN THE HI-TECH WORKFORCE. WITH 39% OF THE K-12 STUDENT POPULATION IDENTIFIED AS LATINO, WE ANTICIPATE THE CHALLENGE TO CONTINUE TO GROW. THE LATINOS IN TECHNOLOGY SCHOLARSHIP (LITS), ESTABLISHED BY THE HISPANIC FOUNDATION OF SILICON VALLEY IN 2015, IS AVAILABLE TO COLLEGE JUNIORS AND SENIORS IN GOOD STANDING WHO ARE PURSUING A COLLEGE DEGREE IN A STEM- RELATED FIELD. THIS PROGRAM'S GOAL IS TO PROVIDE FINANCIAL SUPPORT TO LATINO STUDENTS TO FACILITATE COLLEGE GRADUATION AND SUPPORT A ROBUST PIPELINE OF LATINO PROFESSIONALS IN STEM. THE SCHOLARSHIP PROVIDES UP TO 10,000 IN ANNUAL FINANCIAL SUPPORT FOR UP TO THREE YEARS. SUCCESSFUL METRICS OF OUR PROGRAM INCLUDE ON-TIME GRADUATION OF ALL SUPPORTED STUDENTS, INTEREST IN STEM-RELATED DEGREES, AND SUCCESSFUL CONVERSION OF HIRES FOR A SIGNIFICANT PERCENTAGE OF SUPPORTED STUDENTS UPON COMPLETION OF THEIR DEGREE. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $46,565 | ExpenseAmt |
| Desc | OTHER PROGRAM SERVICES | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $46,565 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $2,109,642 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 7 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARGARITA DEAVILA | PersonNm |
| Phone | 4082167612 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1922 THE ALAMEDA NO 217 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95126 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| RON GONZALES | |||||||
| PRESIDENT & | 40.00 | Yes (X) | $213,572 | $0 | $0 | ||
| LISA DOMINGUEZ | |||||||
| DIRECTOR OF | 40.00 | $113,426 | $0 | $0 | Yes (X) | ||
| CLARA ROA | |||||||
| CHIEF DEVELO | 40.00 | $112,038 | $0 | $0 | Yes (X) | ||
| ORIANA BRANON | |||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| JUAN CUEVA | |||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| ISAURA GAETA | |||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| ANNA DAPELO GARCIA | |||||||
| BOARD VICE C | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| RAQUEL GONZALEZ | |||||||
| BOARD CHAIR | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MARK MADRID | |||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| STEVEN MARTINEZ | |||||||
| BOARD TREASU | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| RAY MONTALVO | |||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| LINDSEY NEWBERN | |||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| BEATRIZ MEDINA PRATT | |||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| SERGIO RETAMAL | |||||||
| SECOND VICE | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| STUARDO ROBLES | |||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| FEDERICO GOMEZ SCHUMACHER | |||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $439,036 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Fundraising | $331,321 | FundraisingAmt |
| Government Grants | $244,034 | GovernmentGrantsAmt |
| All Other Contributions | $1,887,862 | AllOtherContributionsAmt |
| Noncash Contributions | $6,000 | NoncashContributionsAmt |
| Total Contributions | $2,463,217 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LBLA TUITION & FEES | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $18,130 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,130 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $18,130 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,206 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,206 | RelatedOrExemptFuncIncomeAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,395 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$2,395 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,395 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$2,395 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $37,649 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $331,321 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $24,701 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,948 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,497,106 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,941 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,214,500 | TotalAmt |
| Program Services | $1,214,500 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,422 | TotalAmt |
| Program Services | $14,422 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,572 | TotalAmt |
| Program Services | $110,084 | ProgramServicesAmt |
| Management And General | $21,084 | ManagementAndGeneralAmt |
| Fundraising | $82,404 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450,424 | TotalAmt |
| Program Services | $232,167 | ProgramServicesAmt |
| Management And General | $44,467 | ManagementAndGeneralAmt |
| Fundraising | $173,790 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,916 | TotalAmt |
| Program Services | $25,805 | ProgramServicesAmt |
| Management And General | $3,276 | ManagementAndGeneralAmt |
| Fundraising | $16,835 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,869 | TotalAmt |
| Program Services | $25,073 | ProgramServicesAmt |
| Management And General | $3,158 | ManagementAndGeneralAmt |
| Fundraising | $17,638 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196 | TotalAmt |
| Management And General | $196 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $502,100 | TotalAmt |
| Program Services | $436,846 | ProgramServicesAmt |
| Management And General | $55,754 | ManagementAndGeneralAmt |
| Fundraising | $9,500 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,432 | TotalAmt |
| Program Services | $2,314 | ProgramServicesAmt |
| Management And General | $1,342 | ManagementAndGeneralAmt |
| Fundraising | $776 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,139 | TotalAmt |
| Program Services | $3,225 | ProgramServicesAmt |
| Management And General | $2,276 | ManagementAndGeneralAmt |
| Fundraising | $3,638 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,100 | TotalAmt |
| Program Services | $26,392 | ProgramServicesAmt |
| Management And General | $2,968 | ManagementAndGeneralAmt |
| Fundraising | $14,740 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,333 | TotalAmt |
| Program Services | $183 | ProgramServicesAmt |
| Management And General | $3,150 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,056 | TotalAmt |
| Program Services | $2,808 | ProgramServicesAmt |
| Management And General | $320 | ManagementAndGeneralAmt |
| Fundraising | $1,928 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,289 | TotalAmt |
| Program Services | $772 | ProgramServicesAmt |
| Management And General | $951 | ManagementAndGeneralAmt |
| Fundraising | $566 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MISCELLANEOUS | $13,293 | $2,819 | $7,622 | $2,852 |
| TELEPHONE AND INTERNET | $9,097 | $4,539 | $534 | $4,024 |
| IN-KIND SERVICES | $6,000 | $6,000 | ||
| FOOD | $2,903 | $1,485 | $1,234 | $184 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,543 | TotalAmt |
| Program Services | $208 | ProgramServicesAmt |
| Management And General | $3,335 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,590,184 | TotalAmt |
| Program Services | $2,109,642 | ProgramServicesAmt |
| Management And General | $151,667 | ManagementAndGeneralAmt |
| Fundraising | $328,875 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,491,028 | BOYAmt |
| EOY | $3,585,933 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,000 | BOYAmt |
| EOY | $62,500 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,000 | BOYAmt |
| EOY | $58,415 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,352 | BOYAmt |
| EOY | $4,927 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $58,031 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $37,322 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,993 | BOYAmt |
| EOY | $20,709 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $169,321 | BOYAmt |
| EOY | $193,540 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,883,694 | BOYAmt |
| EOY | $3,926,024 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,546 | BOYAmt |
| EOY | $96,518 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $111,376 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,546 | BOYAmt |
| EOY | $207,894 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $367,127 | BOYAmt |
| EOY | $942,718 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,421,021 | BOYAmt |
| EOY | $2,775,412 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,788,148 | BOYAmt |
| EOY | $3,718,130 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,883,694 | BOYAmt |
| EOY | $3,926,024 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$93,078 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $23,060 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,493,787 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,147,706 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,430,949 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,153,248 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,463,217 | CurrentTaxYearAmt |
| Total | $11,688,907 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,493,787 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,147,706 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,430,949 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,153,248 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,463,217 | CurrentTaxYearAmt |
| Total | $11,688,907 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $572,772 | SubstantialContributorsTotAmt |
| Public Support Total170 | $11,116,135 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $637 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,341 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,194 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $752 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,206 | CurrentTaxYearAmt |
| Total | $9,130 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $74,207 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $169,903 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $182,662 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $249,409 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $368,970 | CurrentTaxYearAmt |
| Total | $1,045,151 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $12,743,188 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $60,985 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.87230 | PublicSupportCY170Pct |
| Public Support PY170 | 0.65140 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | 1,045,151 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,277 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,277 | DepreciationAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $44,754 | OtherCostOrOtherBasisAmt |
| Depreciation | $24,045 | DepreciationAmt |
| Book Value | $20,709 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $20,709 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PPP LOAN | Desc |
| Amt | $111,376 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $111,376 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,520,166 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $23,060 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $23,060 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,497,106 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $2,497,106 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,590,184 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $2,590,184 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $2,590,184 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | IN ACCORDANCE WITH GAAP, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH ANY TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, WILL NOT RECOGNIZE ANY LIABILITY OR BENEFIT FOR UNRECOGNIZED TAX POSITIONS. FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019, THERE WAS NO TAX RELATED INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | HISPANIC FOUNDA | Event1Nm |
| Gross Receipts Event1 | $348,172 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $331,321 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $16,851 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $783 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $4,819 | OtherDirectExpensesEvent1Amt |
| Event2 | SAN JOSE SHARKS | Event2Nm |
| Gross Receipts Event2 | $14,341 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $14,341 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $15,000 | RentFacilityCostsEvent2Amt |
| Other Direct Expenses Event2 | $4,099 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $6,457 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $6,457 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $368,970 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $331,321 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $37,649 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $15,000 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $783 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $8,918 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $24,701 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $12,948 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SVCF INSPIRE LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2440 WEST EL CAMINO REAL SUITE 300 | AddressLine1Txt |
| City | MOUNTAIN VIEW | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94040 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 205205488 | RecipientEIN |
| IRC Section | 501C3 | IRCSectionDesc |
| Cash Grant | $1,212,000 | CashGrantAmt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 76 | RecipientCnt |
| Cash Grant | $14,422 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 4, PART IV | FormAndLineReferenceDesc |
| Explanation | ALL PAYMENTS ARE PROVIDED TO THE SILICON VALLEY COMMUNITY FOUNDATION 501 (C)3 TO PROVIDE SCHOLARSHIPS. THE ELIGIBILITY FOR A SCHOLARSHIP ARE AS FOLLOWS: MUST BE OF A LATINO OR HISPANIC ORIGIN, HAVE A DECLARED MAJOR AND BEEN ACCEPTED INTO A STEM PROGRAM, COLLEGE STUDENTS ENTERING THEIR JUNIOR OR SENIOR YEAR AT A 4-YEAR COLLEGE, AND A 3.0 GPA. ADDITIONAL REQUIREMENTS CAN BE FOUND ON THE HISPANIC FOUNDATION WEBSITE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RON GONZALES | PersonNm |
| Title | PRESIDENT & CEO | TitleTxt |
| Base Compensation Filing Org | $213,572 | BaseCompensationFilingOrgAmt |
| Total Compensation Filing Org | $213,572 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE HISPANIC FOUNDATION OF SILICON VALLEY IS A PUBLIC FOUNDATION DEDICATED TO INSPIRING COMMUNITY PHILANTHROPY AND ENGAGING PEOPLE TO INVEST IN THE EDUCATIONAL ACHIEVEMENT, LEADERSHIP DEVELOPMENT, RESEARCH, AND CONVENING AND ENGAGING THE HISPANIC COMMUNITY TO IMPROVE THE QUALITY OF LIFE FOR LATINOS AND THE SILICON VALLEY REGION. |
| FORM 990, PAGE 2, PART III, LINE 4A | IN 2011 THE HISPANIC FOUNDATION OF SILICON VALLEY (HFSV) PUBLISHED THE FIRST SILICON VALLEY LATINO REPORT CARD TO BETTER UNDERSTAND LATINOS' LIVELIHOOD IN SILICON VALLEY. THE REPORT RESULTS PROVIDED SUBSTANTIAL DATA, ANALYSIS, AND COMPARISONS ABOUT THE CHALLENGES LATINOS FACE EVERY DAY AND SHARPENED HFSV'S MISSION TO IMPROVE THE QUALITY OF LIFE FOR LATINOS IN SILICON VALLEY THROUGH EDUCATION. IN EARLY 2014, HFSV WENT INTO LATINO NEIGHBORHOODS AND ASKED FAMILIES TO PARTICIPATE IN A SURVEY, A PROJECT THAT GENERATED OVER 2,000 RESPONSES. THE RESULT OF THIS WAS THE VOICES OF CHANGE REPORT PUBLISHED IN LATE 2014. THE REPORT INDICATED THAT 40% OF THE PARTICIPANTS PLACE EDUCATION AS THE MOST IMPORTANT CHALLENGE, AND INCREASING YOUTH PROGRAMS TO PREVENT STUDENT DROPOUTS IS THE SOLUTION. IN 2016, THE HISPANIC FOUNDATION COLLEGE SUCCESS CENTER (HFCSC) WAS DESIGNED FOR LATINX YOUTHS AND PARENTS TO INCREASE EDUCATIONAL OPPORTUNITIES. OUR HFCSC IS A ONE-STOP HUB THAT ENCAPSULATES OUR "CRADLE TO CAREER" COURSE OF ACTION THAT EMPOWERS ELEMENTARY SCHOOL, MIDDLE SCHOOL, HIGH SCHOOL, COLLEGE STUDENTS, AND THEIR PARENTS TO EXCEL THROUGH EDUCATION EFFORTS AND UNDERSTAND THE IMPORTANCE OF A COLLEGE EDUCATION. THE HFCSC HELPS STUDENTS AND PARENTS OBTAIN INFORMATION ON COLLEGE ACCESS, ADVICE, GUIDANCE, WORKSHOPS, AND ONLINE RESOURCES. THE HFCSC IS RUN BY TWO FULL-TIME HFSV STAFF AND AN INTERN FROM SANTA CLARA UNIVERSITY. MELISSA CANELA, EDUCATION PROGRAMS MANAGER, JOINED THE TEAM IN MARCH OF 2020 AND IS RESPONSIBLE FOR OVERSEEING THE HFCSC AND BUILDING COMMUNITY PARTNERSHIPS. KARLA MONDRAGON BECAME EDUCATION PROGRAMS COORDINATOR IN JANUARY 2021. IN HER ROLE, KARLA HANDLES PROGRAM LOGISTICS AND PARTNER COLLABORATIONS WITH CURRENT AND NEW PROGRAMS. CAROLYN VALENCIA JOINED THE HFCSC TEAM AS THE EDUCATION PROGRAMS INTERN IN OCTOBER OF 2020. SHE BROUGHT A NEW LEVEL OF CHARISMA AND ANALYTICAL SKILLS TO THE TEAM WITH HER EDUCATIONAL BACKGROUND IN FINANCE. |
| FORM 990, PAGE 2, PART III, LINE 4B | THE LATINO BOARD LEADERSHIP ACADEMY TRAINS LATINOS TO VOLUNTEER THEIR TIME IN LEADERSHIP ROLES AS BOARD MEMBERS OF NONPROFITS IN OUR REGION. LESS THAN 3% OF LATINOS SERVE ON NONPROFIT BOARDS IN SILICON VALLEY. WE RECRUIT, TRAIN, AND GUIDE LATINOS TO MAXIMIZE THEIR IMPACT. THIS 10-WEEK ACADEMY TRAINS LATINOS ON HOW TO SERVE IN LEADERSHIP ROLES AS BOARD MEMBERS OF NONPROFITS IN SILICON VALLEY. LBLA ADDRESSES THE LEADERSHIP GAP BY RECRUITING, TRAINING, AND GUIDING LATINOS TO MAXIMIZE THEIR POWER OF GIVING. FELLOWS WILL DEVELOP SKILLS AS A LEADER, INTEGRATE CULTURAL COMPETENCE, AND BE CONNECTED TO A STRONG NETWORK OF PEERS ACROSS SILICON VALLEY. LEADERSHIP DEVELOPMENT PROGRAMS LIKE THE LBLA, ALONGSIDE OUR EDUCATION EXCELLENCE INITIATIVES, ARE VITAL TO ADVANCING AND IMPROVING THE QUALITY OF LIFE FOR THE LATINX COMMUNITY IN SILICON VALLEY. |
| FORM 990, PAGE 2, PART III, LINE 4C | ALTHOUGH LATINOS REPRESENT 28% OF THE TOTAL POPULATION IN SILICON VALLEY, ONLY 3% ARE IN THE HI-TECH WORKFORCE. WITH 39% OF THE K-12 STUDENT POPULATION IDENTIFIED AS LATINO, WE ANTICIPATE THE CHALLENGE TO CONTINUE TO GROW. THE LATINOS IN TECHNOLOGY SCHOLARSHIP (LITS), ESTABLISHED BY THE HISPANIC FOUNDATION OF SILICON VALLEY IN 2015, IS AVAILABLE TO COLLEGE JUNIORS AND SENIORS IN GOOD STANDING WHO ARE PURSUING A COLLEGE DEGREE IN A STEM- RELATED FIELD. THIS PROGRAM'S GOAL IS TO PROVIDE FINANCIAL SUPPORT TO LATINO STUDENTS TO FACILITATE COLLEGE GRADUATION AND SUPPORT A ROBUST PIPELINE OF LATINO PROFESSIONALS IN STEM. THE SCHOLARSHIP PROVIDES UP TO 10,000 IN ANNUAL FINANCIAL SUPPORT FOR UP TO THREE YEARS. SUCCESSFUL METRICS OF OUR PROGRAM INCLUDE ON-TIME GRADUATION OF ALL SUPPORTED STUDENTS, INTEREST IN STEM-RELATED DEGREES, AND SUCCESSFUL CONVERSION OF HIRES FOR A SIGNIFICANT PERCENTAGE OF SUPPORTED STUDENTS UPON COMPLETION OF THEIR DEGREE. |
| FORM 990, PAGE 2, PART III, LINE 4D | OTHER PROGRAM SERVICES |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS BROUGHT TO THE BOARD OF DIRECTORS FOR APPROVAL. ONCE APPROVED, THE FORMS ARE FILED. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE ORGANIZATION'S CONFLICT OF INTEREST POLICY STATES, "IT IS THE RESPONSIBILITY OF THE BOARD AND EMPLOYEES TO VOLUNTEER INFORMATION REGARDING POTENTIAL CONFLICTS OF INTEREST BEFORE PARTICIPATING IN ANY DISCUSSION OR NEGOTIATIONS RELATING TO THE ORGANIZATION." ANNUALLY BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO SIGN OFF ON A COPY OF THE CONFLICT OF INTEREST POLICY AND ADVISE THE ORGANIZATION OF ANY EXISTING OR POTENTIAL CONFLICTS OF INTEREST. THE CHAIR OF THE BOARD AND THE CEO ARE JOINTLY RESPONSIBLE FOR MONITORING THIS PROCESS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE CEO'S COMPENSATION IS SET ANNUALLY BY THE BOARD OF DIRECTORS. THE PROCESS BEGINS WITH A PERFORMANCE EVALUATION OF THE CEO'S PAST ACCOMPLISHMENTS. COMPENSATION IS BASED ON THE MARKET VALUE DETERMINED BY THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | ALL GOVERNING DOCUMENTS ARE CENTRALLY MAINTAINED IN THE FOUNDATION'S OFFICE. COPIES ARE MADE AVAILABLE UPON REQUEST IN EITHER "HARD OR SOFT" VERSION DEPENDING ON THE PREFERENCE OF THE REQUESTING PARTY. |
| FORM 990, PART IX, LINE 11G | PROGRAM SERVICE FEES 436,846 0 9,500 PROFESSIONAL SERVICE FEES 0 40,613 0 PAYROLL PROCESSING FEES 0 15,141 0 TOTAL 436,846 55,754 9,500 |
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