Hispanic Council for Reform

Nonprofit profile at a glance

EIN
743023330
IRS 990 coverage
2010–2012
Forms available
Form 990 2012
Location
Lake Worth, FL, USA
Phone
5613401408
Rating confidence
Limited
Sector
Cultural, Ethnic Awareness

Official website

Reported finances

Revenue
$560,304
Expenses
$642,292
Assets
$22,512
Liabilities
$34,209

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

5 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Hispanic council for reform and educational options's mission is to create awareness of the educational crisis that exists within the hispanic community nationally by empowering hispanic parents to become advocates for their children. Hispanic creo believes that education is a civil right for every child in this great nation and by advocating for parental and school choice, it ensures a better future for our children. The mission is carried out via the following programs: pan - parental awareness network is a national initiative. Pan's mission is to engage, empower and inform hispanic parents on the importance of graduation and to provide these parents with the awareness, tools and resources needed to help hispanic students receive the quality education they deserve. Yo creo (i believe). The mission is to unite all the nation's top hispanic corporate business leaders in one voice to motivate hispanic students to stay in school and graduate. Reach - religious educators for the advanceme

What it reported doing in 2012

Hispanic council for reform and educational options's mission is to create awareness of the educational crisis that exists within the hispanic community nationally by empowering hispanic parents to become advocates for their children. Hispanic creo believes that education is a civil right for every child in this great nation and by advocating for prental and school choice, it ensures a better future for our children. Please refer to schedule o for complete description of program services. In addition, the organization also carries out its mission via various conferences held throughout the year across the country which highlight issues in education for hispanic children. In 2012 there were 3 major events - hcreo 2012 chicago summit, hispano rounda table of New Mexico, and the naleo education conference in orlando, Florida.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 92
  • Accountability: 62
  • Sustainability: 9
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 60th 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: 80%; rating input score 80; 16th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -14.6%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: 1.52; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 13.3%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4.8% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: -69.3% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 4 of 5 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $257K in reported program spending
  • Leadership: top reported pay $85K · 5 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 3 filing years from 2010 to 2012
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Sustainability: Operating margin scored 11/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.