Santiago Sanchez Foundation

Nonprofit profile at a glance

EIN
933854049
IRS 990-EZ coverage
2025–2025
Forms available
Form 990-EZ 2025, Form 990-N 2024
Location
Laredo, TX, USA
Phone
9567249990
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Reported finances

Revenue
$689
Expenses
$850
Assets
$774
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Gloria Sanchez Webber (President/Director)
  • Marie Webber (Vice-President/Director)

People named in this filing

  • Gloria Sanchez Webber (President/Director)
  • Marie Webber (Vice-President/Director)
  • Alicia Hernandez (Treasurer/Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to provide a safe and welcoming event that families can gather and participate in together while raising funds to support college scholarships for deserving high school students. Race founder Santiago Sanchez saw a great need in the community for more youth driven activities since he saw many teenagers skipping class and smoking in public. Santiago's idea was to provide the youth with something to train for and look forward to. His idea was to start a 10k foot race (6.2 miles) held on a holiday so families, friends, and people in the community could participate. In 1979 Santiago, along with this daughter Gloria, hosted the first Guajolote 10k race event on Thanksgiving morning. Laredo's first and original foot race. What started as a small 60 participant event has continued growing through the decades to over 300 participants.

What it reported doing in 2025

Hosted the 2025 Guajolote 10k Race & 1 Mile Walk, which raised funds to provide college scholarships to deserving high school students. In total, three students from Martin High School and one student from LBJ High School received scholarship awards. One student from Martin High School was awarded $250, while the remaining three students each received $200. These scholarships support local students as they continue their education and reflect the ongoing commitment of the Guajolote 10k Race & 1 Mile Walk to the Laredo community.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -23.4%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0.91; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 352.9%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $850 in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Sustainability: Operating margin scored 20/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.