Pueblo Hispanic Education Foundation
- Assets
- $614.3k
- Revenue
- $784.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Pueblo, CO
- Founding
- 07/1989
- Data as of
- 12/2021
- EIN
- 74-2498914
Organization Overview
Pueblo Hispanic Education Foundation is located in Pueblo, CO. The organization was established in 1989. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pueblo Hispanic Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Pueblo Hispanic Education Foundation generated $784.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.5% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES SCHOLARSHIPS FOR HIGHER EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHLORSHIPS FOR HIGHER EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janelle Quick Current Executive Director | Officer | 40 | $50,000 |
Dr Derek Lopez Vice President | OfficerTrustee | 1 | $0 |
Dr Richard Duran President | OfficerTrustee | 1 | $0 |
Juan Diosdado Treasurer | OfficerTrustee | 1 | $0 |
Lisa Garcia-Payne Secretary | OfficerTrustee | 1 | $0 |
Jacobo Varela Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $656,789 |
| All other contributions, gifts, grants, and similar amounts not included above | $116,539 |
| Noncash contributions included in lines 1a–1f | $12,098 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $773,328 |
| Total Program Service Revenue | $0 |
| Investment income | $3,707 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,293 |
| Net Income from Fundraising Events | -$3,082 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $784,246 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,734,329 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $43,000 |
| Compensation of current officers, directors, key employees. | $43,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,745 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,588 |
| Payroll taxes | $3,959 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,611 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,060 |
| Office expenses | $2,252 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,563 |
| Travel | $551 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $930 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $111 |
| Insurance | $2,019 |
| All other expenses | $13,563 |
| Total functional expenses | $1,841,699 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $482,608 |
| Savings and temporary cash investments | $118,619 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,412 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,528 |
| Net Land, buildings, and equipment | $167 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $614,334 |
| Accounts payable and accrued expenses | $7,341 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,341 |
| Net assets without donor restrictions | $314,365 |
| Net assets with donor restrictions | $292,628 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $614,334 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Pueblo Hispanic Education Foundation has recieved totaling $74,459.
| Awarding Organization | Amount |
|---|---|
The Colorado Health Foundation Denver, CO PURPOSE: CHAMPION HEALTH EQUITY | $50,300 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $11,904 |
Latino Community Foundation Of Colorado Inc Denver, CO PURPOSE: GENERAL OPERATING | $11,250 |
El Pomar Foundation Colorado Springs, CO PURPOSE: 2021 NELP CONTRIBUTION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |
Flinn Foundation Phoenix, AZ | $285,130,665 | $13,331,134 |
American Indian Graduate Center Inc Albuquerque, NM | $28,393,677 | $10,605,933 |
Brophy Community Foundation Phoenix, AZ | $21,931,888 | $12,402,402 |
J F Maddox Foundation Hobbs, NM | $240,372,497 | $15,567,055 |
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Western Union Foundation Inc Denver, CO | $4,087,172 | $7,099,166 |
Davis Education Foundation Farmington, UT | $5,085,973 | $8,327,640 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |