The Michigan Hispanic Collaborative
- Assets
- $2.0m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 7
- Location
- Ann Arbor, MI
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 81-0942886
Organization Overview
The Michigan Hispanic Collaborative is located in Ann Arbor, MI. The organization was established in 2016. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Michigan Hispanic Collaborative employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Hispanic Collaborative 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, Michigan Hispanic Collaborative generated $2.1m in total revenue. All expenses for the organization totaled $965.9k during the year ending 12/2021. While expenses have increased by 94.7% per year over the past 4 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
THE ORGANIZATION'S MISSION IS TO PROVIDE ACADEMIC AND CAREER SUPPORT PROGRAMS AND SERVICES IN ORDER TO ENABLE MORE HISPANIC STUDENTS TO GRADUATE FROM COLLEGE AND ACHIEVE CAREER SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ACADEMIC AND CAREER SUPPORT PROGRAMS AND SERVICES TO ENABLE HISPANIC STUDENTS TO GRADUATE FROM COLLEGE AND ACHIEVE CAREER SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anita Martinez Executive Di | Trustee | 40 | $149,651 |
Joann Chavez Secretary | OfficerTrustee | 1.25 | $0 |
Jesus Hernandez Treasurer | OfficerTrustee | 0.5 | $0 |
Lawrence Garcia President | OfficerTrustee | 0.5 | $0 |
Alma Crossley Director | Trustee | 0.25 | $0 |
James Walker Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,027,565 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,049,513 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,077,078 |
| 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 | $2,077,078 |
| 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. | $149,651 |
| Compensation of current officers, directors, key employees. | $31,265 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $228,671 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $29,362 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,700 |
| Fees for services: Accounting | $3,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $109,271 |
| Advertising and promotion | $3,885 |
| Office expenses | $7,758 |
| Information technology | $228,491 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $174,300 |
| Insurance | $2,895 |
| All other expenses | $0 |
| Total functional expenses | $965,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,626,423 |
| Savings and temporary cash investments | $105 |
| 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 | $72,771 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $319,550 |
| Other assets | $0 |
| Total assets | $2,018,849 |
| Accounts payable and accrued expenses | $46,773 |
| 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 | $151,661 |
| Other liabilities | $4,635 |
| Total liabilities | $203,069 |
| Net assets without donor restrictions | $462,780 |
| Net assets with donor restrictions | $1,353,000 |
| 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 | $2,018,849 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that The Michigan Hispanic Collaborative has recieved totaling $440,000.
| Awarding Organization | Amount |
|---|---|
Skillman Foundation Detroit, MI PURPOSE: MICHIGAN HISPANIC COLLABORATIVE LA PROXIMA GENERACION SUPPORTS | $150,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $100,000 |
Jamie & Denise Jacob Family Foundation Bloomfield Hills, MI PURPOSE: TO SUPPORT THE COMMUNITY. | $100,000 |
Pulte Family Charitable Foundation Boca Raton, FL PURPOSE: TO SUPPORT EDUCATION AND MENTORING EFFORTS TO INCREASE HISPANIC STUDENTS TO GRADUATE FROM COLLEGE | $35,000 |
Pulte Family Charitable Foundation Boca Raton, FL PURPOSE: TO SUPPORT EDUCATION AND MENTORING EFFORTS TO INCREASE HISPANIC STUDENTS TO GRADUATE FROM COLLEGE | $35,000 |
Skillman Foundation Detroit, MI PURPOSE: SUPPORTING MIHC SCHOLARS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Four Lakes Education Inc Mcfarland, WI | $19,510,761 | $31,025,737 |
Wood County Schools Benefit Plan Bowling Green, OH | $9,100,102 | $25,909,869 |
Progressnow Education Lansing, MI | $1,591,280 | $29,411,544 |
Inside Track Impact Inc Indianapolis, IN | $23,220,663 | $19,614,456 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Accelerate Great Schools Cincinnati, OH | $48,959,993 | $4,700,984 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Chippewa Luce Macinac Comm Action Human Resource Auth Inc Sault Ste Marie, MI | $6,136,968 | $10,393,284 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
Kappa Kappa Gamma Foundation Dublin, OH | $48,213,422 | $9,077,849 |
Horizon Science Academy Of Lorain Lorain, OH | $7,416,204 | $11,463,711 |
Lansing Christian School Lansing, MI | $7,908,099 | $6,549,219 |