FOUNDATION FOR HISPANIC EDUCATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATION FOR HISPANIC EDUCATION (EIN 94-2434925)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-12
- IRS object ID
- 201340439349301874
- Schema version
- 2011v1.5
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-12T19:10:06-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 942763139 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERGER LEWIS ACCOUNTANCY CORP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 ALMADEN BLVD STE 600 | AddressLine1 |
| City | SAN JOSE | City |
| State | CA | State |
| ZIP Code | 95113 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 942434925 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NHU FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NHUF | NameControl |
| Phone | 4087292281 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 730453 | AddressLine1 |
| City | SAN JOSE | City |
| State | CA | State |
| ZIP Code | 951730453 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL RAMIREZ | Name |
| Title | CFO | Title |
| Phone | 4087292281 | Phone |
| Date Signed | 2013-02-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LAWRENCE S KUECHLER | Name |
| PTIN | P00233621 | PTIN |
| Phone | 4084941200 | Phone |
| Date Prepared | 2013-02-12 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | EDWARD ALVAREZ | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 730453 | AddressLine1 |
| City | SAN JOSE | City |
| State | CA | State |
| ZIP Code | 951730453 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 7069667 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.NHUFOUNDATION.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1981 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE HISPANICS, OTHER MINORITIES, AND WOMEN AN OPPORUNITY TO ACQUIRE COLLEGE EDUCATION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 87 | TotalNbrEmployees |
| Total Nbr Volunteers | 8 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1051843 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1123333 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5723390 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5893919 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 98 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1909 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -788324 | OtherRevenuePriorYear |
| Other Revenue Current Year | 50506 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5987007 | TotalRevenuePriorYear |
| Total Revenue Current Year | 7069667 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 23430 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2558635 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2550771 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3366581 | OtherExpensePriorYear |
| Other Expenses Current Year | 4682950 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5925216 | TotalExpensesPriorYear |
| Total Expenses Current Year | 7257151 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 61791 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -187484 | RevenuesLessExpensesCY |
| Total Assets BOY | 21215046 | TotalAssetsBOY |
| Total Assets EOY | 24235497 | TotalAssetsEOY |
| Total Liabilities BOY | 14316272 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 16771284 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 6898774 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 7464213 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO PROVIDE HISPANICS, OTHER MINORITIES, AND WOMEN AN OPPORTUNITY TO ACQUIRE AN UNDERGRADUATE DEGREE OR CERTIFICATE IN A MULTICULTURAL EDUCATIONAL ENVIROMENT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 1 | SignificantChange |
| Expense | 3605730 | Expense |
| Revenue | 3706816 | Revenue |
| Description | LATINO COLLEGE PREPARATORY ACADEMY - IN AUGUST 2001, LATINO COLLEGE PREPARATORY ACADEMY (LCPA)WAS GRANTED APPROVAL TO OPERATE AS A SECONDARY CHARTER SCHOOL IN THE EAST SIDE UNION HIGH SCHOOL DISTRICT OF SANTA CLARA COUNTY. THE MISSION OF LATINO COLLEGE PREPARATORY ACADEMY IS TO ENABLE UNDERSERVED HIGH SCHOOL ENGLISH LANGUAGE LEARNERS TO BECOME BI-LITERATE IN ENGLISH, SPANISH, MATHEMATICS, AND SCIENCE. THESE SKILLS WILL ENSURE THEIR ABILITY TO SUCCESSFULLY COMPLETE REQUIREMENTS FOR A HIGH SCHOOL DIPLOMA AND PURSUE POST-SECONDARY EDUCATIONAL OPPORTUNITIES OF THEIR CHOICE.LATINO COLLEGE PREPARATORY ACADEMY OFFERS A VARIETY OF SPECIALIZED PROGRAMS DESIGNED TO CATER TO ITS NEARLY 400 STUDENTS INCLUDING:EARLY UNIVERSITY PROGRAM (EUP) - A PROGRAM IN PARTNERSHIP WITH NATIONAL HISPANIC UNIVERSITY WHERE LCPA STUDENTS CAN TAKE COLLEGE-LEVEL COURSES AT THE UNIVERSITY.SEEDS - A NASA FUNDED PROGRAM THAT ENCOURAGES STUDENTS TO PURSUE MATH, SCIENCE, AND ENGINEERING CAREERS.EXTREME SCIENCE - A PROGRAM FUNDED BY THE NATIONAL SCIENCE FOUNDATION, IN PARTNERSHIP WITH IBM AND NASA, DESIGNED TO TEACH STUDENTS THE WAYS OF SCIENCE AND HOW TO BECOME CRITICAL THINKERS IN TODAY'S WORLD. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3138980 | Expense |
| Grants | 23430 | Grants |
| Revenue | 2237609 | Revenue |
| Description | THE NHU FOUNDATION - TO PROVIDE INSTRUCTION, TRAINING AND TECHNICAL ASSISTANCE FOR INDIVIDUALS AT THE COLLEGE AND POST-GRADUATE LEVELS IN DEGREE AND NON-DEGREE PROGRAMS, TO OTHER ORGANIZATIONS AND TO PROMOTE MULTI-LINGUAL AND MULTI-CULTURAL SKILLS AND UNDERSTANDING IN THE COMMUNITY.DURING THE YEAR, 150 PEOPLE WERE INVOLVED IN THE VALDES PROGRAM, 40 PEOPLE IN THE FIPSE GRANT AND OVER 25 IN THE SEEDS PROGRAM. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 6744710 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 1 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 84 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 87 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 0 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARLA LEON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4087292281 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 730453 | AddressLine1 |
| City | SAN JOSE | City |
| State | CA | State |
| ZIP Code | 951730453 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (10 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| EDWARD ALVAREZ | ||||||
| CHAIRMAN/PRESIDENT | 40.00 | X | X | 120000 | 0 | 0 |
| JOHN SOBRATO | ||||||
| VICE CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 |
| RAYMOND RUIZ | ||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 |
| RAMON JIMENEZ | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| JOE PARISI | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| HENRY MICHON | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| MARIA SCHABBING | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| MICHAEL WALKER | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| DAVID NEIGHBORS | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| MICHAEL RAMIREZ | ||||||
| CFO | 40.00 | X | 84000 | 0 | 20240 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 204000 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 20240 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 622910 | GovernmentGrants |
| All Other Contributions | 500423 | AllOtherContributions |
| Noncash Contributions | 224255 | NoncashContributions |
| Total Contributions | 1123333 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| STATE DEPARTMENT OF ED | 611600 | 3106307 | 3106307 |
| LEASE INCOME | 531120 | 2087306 | 2087306 |
| FEDERAL CONTRACTS | 611600 | 436962 | 436962 |
| GOVERNMENT FOOD PRG | 611710 | 263344 | 263344 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5893919 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1909 | TotalRevenueColumn |
| Exclusion | $1,909 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 50506 | TotalRevenueColumn |
| Related Or Exempt Function Income | 50506 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 50506 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7069667 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5944425 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,909 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23430 | Total |
| Program Services | 23430 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 224240 | Total |
| Program Services | 208543 | ProgramServices |
| Management And General | 15697 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1901808 | Total |
| Program Services | 1701296 | ProgramServices |
| Management And General | 200512 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 331885 | Total |
| Program Services | 297385 | ProgramServices |
| Management And General | 34500 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92838 | Total |
| Program Services | 83369 | ProgramServices |
| Management And General | 9469 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60962 | Total |
| Management And General | 60962 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82104 | Total |
| Management And General | 82104 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 975822 | Total |
| Program Services | 974865 | ProgramServices |
| Management And General | 957 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10007 | Total |
| Program Services | 10007 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 418872 | Total |
| Program Services | 407921 | ProgramServices |
| Management And General | 10951 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48466 | Total |
| Program Services | 47497 | ProgramServices |
| Management And General | 969 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 944035 | Total |
| Program Services | 925155 | ProgramServices |
| Management And General | 18880 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31949 | Total |
| Program Services | 31949 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1027968 | Total |
| Program Services | 1027968 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 353016 | Total |
| Program Services | 353016 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62540 | Total |
| Program Services | 46905 | ProgramServices |
| Management And General | 15635 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| FOOD PROGRAM | 254767 | 254767 | |
| DONATED TEXTBOOKS | 224255 | 224255 | |
| EARLY UNIVERSITY EXPENS | 73000 | 73000 | |
| LOSS ON SALE OF A/R | 61805 | 61805 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53382 | Total |
| Program Services | 53382 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7257151 | Total |
| Program Services | 6744710 | ProgramServices |
| Management And General | 512441 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 210724 | BOY |
| EOY | 603001 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7724 | BOY |
| EOY | 2557579 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 356515 | BOY |
| EOY | 542496 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 160905 | BOY |
| EOY | 69543 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28178 | BOY |
| EOY | 49913 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 21460618 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2593675 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19164940 | BOY |
| EOY | 18866943 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 94379 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1286060 | BOY |
| EOY | 1451643 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21215046 | BOY |
| EOY | 24235497 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 941970 | BOY |
| EOY | 849077 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 400000 | BOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12291052 | BOY |
| EOY | 14977664 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 683250 | BOY |
| EOY | 944543 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14316272 | BOY |
| EOY | 16771284 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6398774 | BOY |
| EOY | 6864213 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 500000 | BOY |
| EOY | 600000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6898774 | BOY |
| EOY | 7464213 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21215046 | BOY |
| EOY | 24235497 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -187484 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 752923 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 750000 | BeginningOfYearBalance |
| End Of Year Balance | 750000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 750000 | BeginningOfYearBalance |
| End Of Year Balance | 750000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 750000 | BeginningOfYearBalance |
| End Of Year Balance | 750000 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 750000 | BeginningOfYearBalance |
| End Of Year Balance | 750000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.33330 | BoardDesignatedEOYBalance |
| Term Endowment EOY Balance | 0.66670 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5353371 | OtherCostOrOtherBasis |
| Book Value | 5353371 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16022939 | OtherCostOrOtherBasis |
| Depreciation | 2563671 | Depreciation |
| Book Value | 13459268 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 84308 | OtherCostOrOtherBasis |
| Depreciation | 30004 | Depreciation |
| Book Value | 54304 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 18866943 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEFERRED LEASE ASSET | Description |
| Book Value | 1451643 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 1451643 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED LEASE REVENUE/LIABILITIES | $877,129 |
| EMPLOYEE DEFERRED COMPENSATION | $50,000 |
| ACCRUED LEASE EXPENSE - SUB-LEASE | $17,414 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 944543 | TotalOfAmounts |
| Total Revenue | 7069667 | TotalRevenue |
| Total Expenses | 7257151 | TotalExpenses |
| Excess Or Deficit For Year | -187484 | ExcessOrDeficitForYear |
| Other | $752,923 | OtherAmount |
| Total Adjustments | 752923 | TotalAdjustments |
| Excess Or Deficit Per FS | 565439 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 7084536 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 14869 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 14869 | RevenueNotRptdF990 |
| Revenue Subtotal | 7069667 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 7069667 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 7272020 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 14869 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 14869 | ExpensesNotRptdF990 |
| Expenses Subtotal | 7257151 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 7257151 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | UNCERTAINTY IN INCOME TAXES - GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING ANDDISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE FOUNDATION IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE FOUNDATION'S FEDERAL RETURNS FOR THE YEARS ENDED JUNE 30, 2011, 2010 AND 2009 COULD BE SUBJECT TO EXAMINATION BY FEDERAL TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE FOUNDATION'S STATE RETURNS FOR THE YEARS ENDED JUNE 30, 2011, 2010, 2009 AND 2008 COULD BE SUBJECT TO EXAMINATION BY STATE TAXING AUTHORITIES, GENERALLY FOR FOUR YEARS AFTER THEY ARE FILED. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | RESIDUAL CASH DISTRIBUTION RELATED TO NEW MARKETS TAX CREDIT PROGRAM 752,923. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 0 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE ORGANIZATION HAS NOT USED NEWAPAPERS OR BROADCAST MEDIA IN A MANNER NECESSITATING PUBLICIZING THE NON-DISCRIMINATION POLICY. THE NON-DISCRIMINATION POLICY CAN BE FOUND ON THE WEBSITE, IN THE STUDENT HANDBOOK AND IN CATALOG MATERIALS. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE ORGANIZATION RECEIVED FUNDS FROM THE U.S. DEPARTMENT OF EDUCATION FOR A SPECIAL EDUCATION CREDENTIAL AND MASTER'S PROGRAM AT THE NATIONAL HISPANIC UNIVERSITY TO PRODUCE CAREER TEACHERS THROUGH TWO YEARS OF MENTORING AND AN INDIVIDUAL INSTRUCTIONAL PLAN TAILORED TO THE STUDENTS NEEDS. FUNDS ARE ALSO RECEIVED FROM THE CALIFORNIA DEPARTMENT OF EDUCATION FOR THE OPERATION OF LATINO COLLEGE PREPARATORY ACADEMY (LCPA). LCPA WAS GRANTED APPROVAL TO OPERATE AS A SECONDARY CHARTER SCHOOL IN THE EAST SIDE UNION HIGH SCHOOL DISTRICT OF SANTA CLARA COUNTY. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | STUDENT SCHOLARSHIP | TypeOfGrant |
| Number Of Recipients | 29 | NumberOfRecipients |
| Amount Of Cash Grant | 23430 | AmountOfCashGrant |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| NHU LLC | |||
| THE NHU FOUNDATION HAS 20% INTEREST IN NHU, LLC | 1665917 | PRIME LEASE: THE FOUNDATION EXECUTED A LEASE AGREEMENT WITH LAUREATE FOR USE OF THE REAL PROPERTY OWNED BY THE FOUNDATION (THE "PRIME LEASE"). LAUREATE ENTERED INTO A SUBLEASE AGREEMENT WITH NHU, LLC, DATED APRIL 15, 2010, FOR A TERM OF 10 YEARS, SUBJECT TO THE SAME TERMS AS THE PRIME LEASE. FOR THE YEAR ENDED JUNE 30, 2012, INCOME EARNED BY THE NHU FOUNDATION UNDER THE PRIME LEASE WAS $1,500,000 AND UNDER THE SUBLEASE WAS $165,917. | 0 |
| NHU LLC | |||
| THE NHU FOUNDATION HAS 20% INTEREST IN NHU, LLC | 400339 | SUB-SUBLEASE: THE FOUNDATION THEN EXECUTED A SUB-SUBLEASE AGREEMENT (THE "SUB-SUBLEASE") WITH NHU, LLC, DATED APRIL 15, 2010, FOR A TERM OF 38.5 MONTHS, COVERING THE PORTION OF THE LAND AND BUILDINGS THAT THE FOUNDATION CONTINUES TO UTILIZE. FOR THE PERIOD FROM JULY 1, 2011 TO JUNE 30, 2012, EXPENSE INCURRED UNDER THE SUB-SUBLEASE WAS $400,339. | 0 |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 224255 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CHANGES IN PROGRAM SERVICES | FORM 990, PART III, LINE 3 | EL NUEVO MUNDO - THE FOUNDATION CONTRACTED WITH THE CALIFORNIA DEPARTMENT OF EDUCATION (CDE) TO OPERATE A CHILDCARE CENTER AND ADMINISTER A CHILDCARE FOOD PROGRAM IN THE CITY OF RICHMOND, CALIFORNIA. THIS CONTRACT WAS TERMINATED AS OF JANUARY 31, 2011 AND OPERATIONS OF THE CHILDCARE FOOD PROGRAM WERE TAKEN OVER BY INTERNATIONAL CHILD RESOURCE INSTITUTE BEGINNING FEBRUARY 1, 2011. |
| FORM 990, PART VI, SECTION B, LINE 11 | MANAGEMENT REVIEWS THE FORM 990 BEFORE IT IS FILED. | |
| FORM 990, PART VI, SECTION B, LINE 12 | THE ORGANIZATION IS IN THE PROCESS OF ESTABLISHING ANNUAL COMPLIANCE DOCUMENTATION. PROCEDURE WILL BE ADOPTED IN FY 2012-2013. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD DETERMINED THE COMPENSATION FOR THE CEO. THE CEO DETERMINES COMPENSATION FOR DIRECT REPORTS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | RESIDUAL CASH DISTRIBUTION RELATED TO NEW MARKETS TAX CREDIT PROGRAM 752,923. TOTAL TO FORM 990, PART XI, LINE 5: 752,923. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part VI Form990ScheduleRPartVI
Name Of Business NameOfBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL HISPANIC UNIVERSITY LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 650 S EXETER STREET 12TH FLOOR TAX | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271473627 | EIN |
| Primary Activity | TO PROVIDE EDUCATIONAL SERVICES | PrimaryActivity |
| Legal Domicile State | MD | LegalDomicileState |
| Predominate Income | RELATED | PredominateIncomeDesc |
| All Partners C3 S | 0 | AllPartnersC3S |
| Share Of Total Income | -1519211 | ShareOfTotalIncome |
| Share Of EOY Assets | -1158771 | ShareOfEOYAssets |
| Disproportionate Allocations | 0 | DisproportionateAllocations |
| General Or Managing Partner | 0 | GeneralOrManagingPartner |
| Percentage Ownership | 0.20000 | PercentageOwnership |