The Selena Foundation

Nonprofit profile at a glance

EIN
742746084
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024
Location
Corpus Christi, TX, USA
Phone
3612899013
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations

Official website

Reported finances

Revenue
$2,179
Expenses
$28,718
Assets
$82,737
Liabilities
$0

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

Leadership & pay

7 people listed

Executive titles in this filing

  • ABRAHAM QUINTANILLA JR (PRESIDENT & DIRECTOR)
  • CHRIS PEREZ (VICE PRESIDENT & DIRECTOR)
  • ABRAHAM QUINTANILLA III (VICE PRESIDENT & DIRECTOR)

People named in this filing

  • ABRAHAM QUINTANILLA JR (PRESIDENT & DIRECTOR)
  • CHRIS PEREZ (VICE PRESIDENT & DIRECTOR)
  • ABRAHAM QUINTANILLA III (VICE PRESIDENT & 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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation shall make contributions on a regular basis to qualified section 501(c)(3) public charities that in the discretion of the foundation's board of directors are in need of additional funds. These public charities and the amounts will be decided by the foundation's board of directors.

What it reported doing in 2024

The foundation shall make contributions to qualified section 501(c)(3) public charities. The foundation made a donation to united way of the coastal bend. The united way is an independent and locally operated non-profit in the Texas coastal bend for more than 80 years. It serves 60 communities in and around the following counties: bee, brooks, duval, jim wells, live oak, kenedy, kleberg, nueces, refugio and san patricio. It's goal is to change lives in the areas of education, health and financial stability.

Operating model

Revenue model
Other-operating. 94% of the money available for current operations came from other operating revenue.
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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 94%; rating input score 94

Transparency & Controls

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

Sustainability

  • Operating margin: -1,217.9%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 2.88; rating input score 74; 74th 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: 3.4% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: -31.5% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -2.8% per year; rating input score 0; 29th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 94% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $27K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2017 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 — Sustainability: Operating margin scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.