Adelante Hispanic Achievers Inc

What it reported doing in 2024

(1) get ready program - college & career readiness adelante's college & career readiness programming significantly supported students' pathways to higher education through mentorship, college visits, workshops, and scholarship guidance. During the year, students participated in campus visits to centre college and the j.b. Speed school of engineering, as well as admissions and financial aid presentations from multiple institutions including Kentucky state university and spalding university.through structured mentorship pairings, students received individualized support navigating fafsa completion, essays, admissions processes, and scholarship applications. As a result, 12 seniors successfully graduated from the program, with many earning scholarships to universities such as the university of louisville, bellarmine university, and centre college. These outcomes demonstrate strong progress toward adelante's mission of expanding access to higher education and long-term career opportunities. (2) saber program - creative arts & cultural enrichment programming during the program year, adelante implemented a comprehensive arts-focused semester that exposed students to diverse creative disciplines and career pathways in the arts. Workshops included sewing and fashion design, visual arts, songwriting, and a three-week performing arts residency in partnership with actor's theatre of louisville.students gained hands-on technical skills --such as sewing construction, songwriting, and collaborative music production-- while developing self-expression and teamwork abilities. The residency culminated in student-led musical performances attended by community partners, highlighting measurable creative outputs and youth leadership. These activities expanded students' artistic confidence while connecting creativity to future career exploration. (3) transformando futuros - community engagement, family education & youth development adelante delivered a wide range of community-centered programming designed to build civic engagement, leadership, and family empowerment. Students participated in safety day workshops, advocacy day discussions with elected officials, and community service projects such as supporting st. Vincent de paul's food pantry. Parent engagement initiatives provided education on substance-use prevention, technology literacy, environmental health, tax preparation, and immigrant resources.additionally, large-scale events --including transformando futuros college and finance fairs-- connected families with universities, financial institutions, and community partners, increasing access to critical resources. With approximately 95 students registered and consistent weekly attendance of 55 - 65 participants, these initiatives demonstrate strong community reach and sustained program engagement.

Financial Efficiency

• Mission deployment rate: 37.6%; rating input score 38
• Program expense ratio: 63.6%; rating input score 64
• Fundraising efficiency: $39.43 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 3 of 8 controls in place; rating input score 38
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 41.1%; rating input score 88; 88th percentile among comparable filings
• Total-asset coverage ratio: 1.25; rating input score 47; 47th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 32.3%; rating input score 10; 10th percentile among comparable filings

Growth

• Program expense growth: -6.9% per year; rating input score 0; 14th percentile among comparable filings
• Revenue growth: 12.1% per year; rating input score 100; 77th percentile among comparable filings
• Asset growth: 10.7% per year; rating input score 100; 68th percentile among comparable filings