Hispanic Scholars Program
Nonprofit profile at a glance
- EIN
- 383708943
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Jun 2026
- Forms available
- Form 990 2024, Form 990-EZ 2009
- Location
- New York, NY, USA
- Phone
- 6463898447
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $321,579
- Expenses
- $288,698
- Assets
- $2,845,350
- Liabilities
- $7,608
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
40 people listed
Highest reported compensation
- DAISY MACHADO (Executive Dir.): $30,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to supplement and enrich the theological and ministerial education being offered in seminaries and universities, with academic courses and other activities directly addressing Hispanic history, ministry, and theology.
What it reported doing in 2024
The Hispanic Scholars Program is a nonprofit organization of theological education that offers educational, professional development, and mentorship programs to those supporting the next generation of leaders who accompany Hispanic/Latine communities. There are currently around 38 schools ("Sponsors") the HSP partners with in fulfilling this mission. Each Sponsor contributes $4,500 per year to the HSP's operating budget.The Hispanic Scholars Program (HSP) normally offers five or six choices of 3-credit, accredited courses geared toward master-degree level students enrolled in theological seminaries and university departments of theology or religion.In fiscal year 2025, the HSP offered six 3-credit courses. We had 40 participants from the U.S., representing a wide variety of traditions, denominations, and theological perspectives. The HSP provides the opportunity for students to study with peers and professors of a variety of backgrounds who are committed to the Hispanic/Latine community in the United States.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 64
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.7%; rating input score 74
- Program expense ratio: 69.9%; rating input score 70
- Fundraising efficiency: $29.46 raised per $1 spent on fundraising; rating input score 67; 67th 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: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 10.2%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 9.86; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 10.4%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: -4.6% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: 4.2% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 7.6% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 73.7% of revenue deployed · 69.9% of spending went to programs
- Governance: 39 of 39 board members independent · 5 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $202K in reported program spending
- Leadership: top reported pay $30K · 40 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 28/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.