Central Valley Higher Education Consortium
- Assets
- $623.4k
- Revenue
- $928.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Fresno, CA
- Founding
- 11/2003
- Data as of
- 12/2021
- EIN
- 75-3071832
Organization Overview
Central Valley Higher Education Consortium is located in Fresno, CA. The organization was established in 2003. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Central Valley Higher Education Consortium employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Valley Higher Education Consortium 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, Central Valley Higher Education Consortium generated $928.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $764.3k during the year ending 12/2021. While expenses have increased by 17.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO PROVIDE EFFECTIVE LEADERSHIP THAT PROMOTES PROGRAMS, POLICIES, AND PERFORMANCE DESIGNED TO INCREASE HIGHER EDUCATION ATTAINMENT BY THE PEOPLE IN THE CENTRAL VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. A PROGRAM LAUNCHED DUE TO FINDINGS AND CONCERNS RAISED BY THE CVHECS CENTRAL VALLEY DUAL ENROLLMENT FOR EQUITY AND PROSPERITY TASK FORCE. DUAL ENROLLMENT UPSKILLING TEACHERS MASTERS PROGRAM IN ENGLISH AND MATH LAUNCHED IN JANUARY. THE PROGRAM WAS DESIGNED TO INCENTIVIZE DUAL ENROLLMENT DELIVERY AT CENTRAL VALLEY HIGH SCHOOLS AND ADDRESS EQUITY CONCERNS. 2. CVHEC LAUNCHED THE EQUITY, RACE AND SOCIAL JUSTICE TASKFORCE. THE TASKFORCE SEEKS TO REBUILD AND IMPROVE HIGHER EDUCATION OUTCOMES FOR THE CENTRAL VALLEY REGION.3. CVHEC PROVIDED MINI-GRANT TO BRANDMAN UNIVERSITY. BRANDMAN UNIVERSITY WAS ABLE TO PROVIDE $150 BOOK VOUCHERS TO 50 UNDERGRADUATE, FIRST-GENERATION STUDENTS DUE TO THIS MINI-GRANT.4. CVHEC PROVIDED MINI-GRANT TO MODESTO JUNIOR COLLEGE. THE MINI-GRANT WAS USED TO FUND ITS FACULTY MENTOR PROGRAM TO ADDRESS THE KEY ELEMENTS OF PERSISTENCE, TIME TO DEGREE AND DECREASING THE EQUITY GAP.5. CVHEC ALONG WITH THREE MEMBER INSTITUTIONS DEVELOPED THE CVHEC/UC MERCED TRANSFER PROJECT, A PILOT PROGRAM WITH THE SPECIFIC AIM TO INCREASE THE NUMBER OF SUCCESSFUL AND TIMELY TRANSFERS FROM COMMUNITY COLLEGES WITH A NEW WEB-BASED SOFTWARE APPLICATION. 6. CVHEC PROVIDED MINI-GRANT TO REEDLEY COLLEGE. THE MINI-GRANT FUNDED THE COLLEGE'S MOTIVATIONAL POSTER PROJECT THAT PRODUCED 70 POSTERS THAT WERE PRINTED IN VARIOUS LANGUAGES AND DISPLAYED ON CAMPUS AS A PART OF AN ANTI-RACISM ACTION PLAN. 7. CVHEC PROVIDED MINI-GRANT TO COLLEGE OF SEQUOIAS. THE MINI-GRANT FUNDED AN INNOVATIVE FOUR-WEEK INTERDISCIPLINARY COHORT-BASED LEARNING SESSION THAT STUDIED EQUITABLE PEDAGOGY AND HOW TO APPLY IT TO GATEKEEPING COURSES AT THE COLLEGE OF SEQUOIAS.8. CVHEC PROVIDED MINI-GRANT TO CALIFORNIA HEALTH SCIENCES UNIVERSITY. THE MINI-GRANT PROVIDED FUNDING FOR A PRE-MED PATHWAY BOOTCAMP THAT HELPED 25 LOCAL STUDENTS PREPARE TO APPLY TO CALIFORNIA HEALTH SCIENCES UNIVERSITY COLLEGE OF OSTEOPATHIC MEDICINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin Duran Executive Dir. | Officer | 24 | $80,000 |
Juan Munoz Treasurer | OfficerTrustee | 2 | $0 |
Saul Jimenez-Sandoval Secretary | OfficerTrustee | 2 | $0 |
Kristin Clark Chairperson | OfficerTrustee | 2 | $0 |
Florence Dunn Director | Trustee | 2 | $0 |
Ellen Junn Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $244,151 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $251,071 |
| All other contributions, gifts, grants, and similar amounts not included above | $433,352 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $928,574 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $928,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,000 |
| Compensation of current officers, directors, key employees. | $8,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $183,396 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,715 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,809 |
| Office expenses | $5,153 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,321 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $139,510 |
| Total functional expenses | $764,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $623,413 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $623,413 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $623,413 |
| Net assets with donor restrictions | $0 |
| 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 | $623,413 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Central Valley Higher Education Consortium has recieved totaling $175,000.
| Awarding Organization | Amount |
|---|---|
Lumina Foundation For Education Inc Indianapolis, IN PURPOSE: TO SUPPORT FRESNO, CALIFORNIA AND CALIFORNIA'S CENTRAL VALLEY AS A DESIGNATED TALENT HUB. | $175,000 |
Peer Organizations
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|---|---|---|
Council For Native Hawaiian Advancement Kapolei, HI | $26,176,594 | $71,478,503 |
Launchpad Development Company Redwood City, CA | $184,902,715 | $19,513,288 |
Alliance For College-Ready Public Schools Facilities Corporation Pasadena, CA | $262,311,538 | $18,102,977 |
Associated Students University Of California Davis Business Office Davis, CA | $7,045,095 | $14,137,728 |
Element Education Inc Escondido, CA | $11,446,898 | $15,469,038 |
University Of California Home Loan Program Corporation Oakland, CA | $809,217,947 | $25,322,221 |
California Charter Schools Association Los Angeles, CA | $32,950,225 | $18,898,883 |
Maker Learning Network Acton, CA | $31,041,626 | $6,882,050 |
Pathways Management Group Inc Pasadena, CA | $27,742,984 | $4,110,742 |
Black Girls Code Inc Oakland, CA | $40,729,664 | $16,892,534 |
Silvies River Charter School Crane, OR | $8,476,358 | $7,552,707 |
Gia Holdings Inc Carlsbad, CA | $23,575,400 | $34,356,749 |