Houston Hispanic Forum
- Assets
- $81.5k
- Revenue
- $103.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Houston, TX
- Founding
- 08/1986
- Data as of
- 06/2021
- EIN
- 76-0157628
Organization Overview
Houston Hispanic Forum is located in Houston, TX. The organization was established in 1986. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Houston Hispanic Forum 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 06/2021, Houston Hispanic Forum generated $103.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $115.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (20.5%) per year over the past 4 years. 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
EMPOWER AND INSPIRE THE SUCCESS OF THE LARGE AND FAST-GROWING HISPANIC COMMUNITY IN THE GREATER HOUSTON AREA THEREBY STRENGTHENING THE ENTIRE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PURPOSE OF THE HOUSTON HISPANIC FORUM IS THE EDUCATION OF HISPANIC YOUTH. THIS IS ACCOMPLISHED THROUGH THE SPONSORSHIP OF CAREER AND EDUCATION DAY TO ENCOURAGE HISPANIC STUDENTS TO FINISH HIGH SCHOOL AND ASSIST THEM IN FORMULATING CAREER GOALS. APPROXIMATELY 10,000 STUDENTS, EDUCATORS AND EMPLOYERS ATTEND CAREER DAY.
OTHER PROGRAM SERVICES
MISSION: TO IGNITE AN INTEREST IN STEM LEARNING TO PREPARE OUR YOUTH TO COMPETE GLOBALLY THROUGHT ANALYTICAL THINKING AND DESIGN LEARNING THAT FOSTERS CREATIVITY AND INNOVATION. TECHPAK IS A ONE-DAY STEM WORKSHOP SPONSORED BY INTERNET ESSENTIAL FROM COMCAST. THIS IS AN EVEN FOR 500 STUDENS IN K-12TH GRADE. THIS WILL GIVE STUDENS THE OPPORTUNITY TO PARTICIPATE IN FREE STEM HANDS ON EXPERICNE WITH THE CHNACE TO INTERACT WITH PROFESSIONALS IN VARIOUS STEM FIELDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Martin Executive Di | OfficerTrustee | 40 | $78,000 |
Jonathan Berudez Member | Trustee | 2 | $0 |
Mark Cueva Member | Trustee | 2 | $0 |
Ramiro Fonseca President | OfficerTrustee | 4 | $0 |
Jeff Fuller Treasurer | OfficerTrustee | 4 | $0 |
Rey Gonzales Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,069 |
| Investment income | $1 |
| 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 | $103,070 |
| Statement of Expenses | |
|---|---|
| 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. | $105,353 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,278 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $385 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,255 |
| All other expenses | $0 |
| Total functional expenses | $115,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,345 |
| Savings and temporary cash investments | $19,710 |
| Pledges and grants receivable | $1,045 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $81,485 |
| 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 | $35,315 |
| Total liabilities | $35,315 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $46,170 |