The Chispa Foundation Coalition of Hispanics for Progressive Action

Nonprofit profile at a glance

EIN
883267308
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Dover, DE, USA
Phone
2129671100
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Service Clubs

Reported finances

Revenue
$8,981
Expenses
$549
Assets
$2,459
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • LISA ORTIZ RODRIGUEZ (PRESIDENT)

People named in this filing

  • LISA ORTIZ RODRIGUEZ (PRESIDENT)
  • RUTH RODRIGUEZ (TREASURER)
  • JESSICA PEGUERO (SECRETARY)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The chispa foundation's mission is to empower real estate professionals and the hispanic communities they serve through cultural understanding, advocacy, education and training. Our goal is to cultivate generational wealth through sustainable homeownership.

What it reported doing in 2024

The chispa foundation coalition of hispanics for progressive action will provide scholarships to students. The scholarships are intended to assist students in furthering their education as well as attend educational enrichment programs. The number and the amount of each scholarship will vary each year and the amount granted will depend on the applicant's needs.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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 program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 27
  • Transparency & Controls: 100
  • Sustainability: 85
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 4.4%; rating input score 4
  • Program expense ratio: 65.6%; rating input score 66

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 93.9%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 4.48; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 91.2% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 131.8% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 96.2% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 4.4% of revenue deployed · 65.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $360 in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 4/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.