Hispanic Educational Technology Services Inc
Nonprofit profile at a glance
- EIN
- 521860470
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- San Juan, PR, USA
- Phone
- 7872501912
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $367,053
- Expenses
- $359,124
- Assets
- $348,349
- Liabilities
- $267,666
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- YUBELKYS MONTALVO (EXECUTIVE DIRECTOR)
Highest reported compensation
- YUBELKYS MONTALVO (EXECUTIVE DIRECTOR): $72,665 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote, support, and increase the capabilities of member institutions to enhance Hispanic/Latino student access, retention, and success in Higher Education through the strategic integration of technology.
What it reported doing in 2024
The organization offered two online training sessions in Spanish during the Fall semester, with 30 participants from one member institution in Puerto Rico, and two editions of the HETS Academy were offered in the Spring 2025 to 23 participants from 18 member institutions in Puerto Rico, Colombia, and the US.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 43
- Transparency & Controls: 85
- Accountability: 69
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48%; rating input score 48
- Program expense ratio: 49%; rating input score 49
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th 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: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- 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: 2.2%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.97; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0.77; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 20.2%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 0.6% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 15.2% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 48% of revenue deployed · 49% of spending went to programs
- Governance: 42 of 42 board members independent · 2 of 8 filing controls reported
- Programs: 5 filed program accomplishments · $176K in reported program spending
- Leadership: top reported pay $73K · 5 people listed
- Consistency: 23 of 24 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
- Moderate — Financial Efficiency: Program expense ratio scored 49/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 44/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- High — Sustainability: Officer compensation ratio scored 19/100.