Hispa Inc

What it reported doing in 2024

The hispa role model program: enables highly-skilled professionals to visit youth in predominantly low-income, public middle school classrooms-either in person or virtually and share their personal and educational stories, highlighting the pathways that led them to fulfilling careers and showing students that they can do the same. During each visit (6 visits per school program, per school year), different hispa role models share the obstacles they've overcome, emphasize the importance of higher education, and introduce potential future careers. Visits are tailored to school and student needs, ranging from small group discussions to large auditorium presentations. The hispa role model program has reached over 31,000 students to date. In 2024-25, 227 unique hispa role models executed 450 role model program visits, reaching 2,752 students in 73 programs in 40 schools. The hispa role model program: on demand: hispa provides teachers with pre-recorded videos of hispa role models sharing their stories. Like the standard role model program, these stories introduce college and career opportunities and emphasize the importance of academics. Still, what sets this program apart is hispa's emphasis on imparting social and emotional learning (sel) competencies: each video has its own accompanying sel lesson plan card, providing examples where role models demonstrate sel skills when dealing with various social and global obstacles, as well as prompts for students to connect these moments with their everyday lives. Teachers are free to incorporate these videos on demand at their convenience. In 2024-25, this program made at least 1,250 impressions in six schools.hispa role model program: speaker series: the hispa speaker series connects students with hispa role models across the nation, broadcasting their inspirational presentations directly to classrooms for free. The hispa speakers are accomplished and distinguished leaders who would otherwise be unable to visit schools as part of the hispa role model program. The series features outstanding leaders who have navigated diverse cultural, educational, and professional pathways to realize their ambitions. In 2024-25, the 11 schools, representing 450 students, registered for at least one speaker series session.in addition to bringing hispa role models to students' classrooms, hispa also brings students to workplaces and college campuses: hispa imagine day: whether at company headquarters, a college campus, or via livestream, each hispa imagine day unites students with a group of hispa role models from one given company to discover and explore new career opportunities within that company. Students get a glimpse of a day in the life of highly-skilled professionals by exploring cutting-edge technologies, participating in hands-on interactive workshops, and hearing from the company's role models. In 2024-25, hispa held 21 imagine day - corporate visits with 18 companies and universities, with 370 hispa role models hosting 985 students.hispa youth conferences: themed "take action! Achieve your dreams," hispa youth conferences bring up to 150 students to a university campus for a full day of hands-on stem workshops alongside positive, inspirational role models. Youth conferences emphasize the importance of high school to future success, excite students about college life, and encourage students' exploration of stem studies and careers. In 2024-25, hispa hosted two youth conferences, bringing 195 students and 100 role models to montclair state university and princeton university.

Financial Efficiency

• Mission deployment rate: 85.6%; rating input score 86
• Program expense ratio: 83%; rating input score 83
• Fundraising efficiency: $12.93 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
• 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: 6 of 8 controls in place; rating input score 75
  • 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: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -2.9%; rating input score 28; 28th percentile among comparable filings
• Total-asset coverage ratio: 0.61; rating input score 28; 28th percentile among comparable filings
• Liabilities to assets ratio: 0.27; rating input score 27; 27th percentile among comparable filings
• Officer compensation ratio: 17.9%; rating input score 17; 17th percentile among comparable filings

Growth

• Program expense growth: 14.6% per year; rating input score 100; 74th percentile among comparable filings
• Revenue growth: 11.3% per year; rating input score 100; 70th percentile among comparable filings
• Asset growth: 18.4% per year; rating input score 100; 79th percentile among comparable filings