Hernandez Foundation
- Assets
- $46.6k
- Revenue
- $835.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 81-1827821
Organization Overview
Hernandez Foundation is located in Fort Worth, TX. The organization was established in 2018. According to its NTEE Classification (R19) the organization is classified as: Support N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hernandez 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, Hernandez Foundation generated $835.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $807.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Hernandez Foundation has awarded 35 individual grants totaling $1,936,032. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL SERVICES THROUGH LEGAL AID, IMMIGRATION ASSISTANCE, CLOTHING & FOOD PANTRY, AND SUPPORTING ACCESS TO CONTINUING EDUCATION FOR STUDENTS IN THE RIO GRANDE VALLEY TX AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlos Marin Trustee/board Member | 0 | $0 | |
Michael A Hernandez III Trustee/board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $835,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $835,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,039 |
| Total operating and administrative expenses | $4,410 |
| Contributions, gifts, grants paid | $803,336 |
| Total expenses and disbursements | $807,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,644 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $46,644 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hernandez Foundation has awarded $803,336 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
THE ASSOCAITION OF FORMER STUDENTS PURPOSE: TO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | $300,000 |
OP 1033 INC PURPOSE: TO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | $228,336 |
SAINT JOSEPH ACADEMY PURPOSE: TO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | $150,000 |
San Juan, TX PURPOSE: TO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | $100,000 |
Brownsville, TX PURPOSE: TO PROMOTE THE ORGANIZATION'S CHARITABLE PURPOSE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cckc4 Inc Wichita, KS | $1,278,082,464 | $69,570,660 |
Alliance Defending Freedom Scottsdale, AZ | $78,471,731 | $78,833,050 |
Christian Advocates Serving Evangelism Inc Brentwood, TN | $92,802,037 | $76,849,372 |
Texas Casa Inc Austin, TX | $19,026,231 | $41,143,253 |
Refugee & Immigrant Center For Education & Legal Services San Antonio, TX | $49,412,600 | $27,498,121 |
Inter-Tribal Council Of Arizona Inc Phoenix, AZ | $7,156,710 | $21,039,664 |
Refugee Services Of North Texas Dallas, TX | $3,443,184 | $21,169,541 |
Compassion And Choices Littleton, CO | $27,407,653 | $22,133,831 |
Disability Rights Texas Austin, TX | $3,252,464 | $16,779,550 |
First Liberty Institute Plano, TX | $15,201,181 | $18,813,950 |
Native American Rights Fund Boulder, CO | $64,723,035 | $17,548,546 |
Disabled Citizens Alliance For Indep Inc Fiscal Agent Viburnum, MO | $23,946,615 | $13,277,061 |