Skip to content
Nonprofiteer
← FOUNDATION FOR HISPANIC EDUCATION

Form 990 for tax year 2024

Filed by FOUNDATION FOR HISPANIC EDUCATION.

Totals

Total revenue
$18,758,739
Total expenses
$19,607,625
Contributions and grants received
$18,391,651
Grants paid
$9,500
Program service revenue
$88,446
Investment income
$278,642
Other revenue
$0
Total assets, end of year
$38,223,204
Total liabilities, end of year
$30,620,852
Net assets or fund balances, end of year
$7,602,352
Program services expenses (Part IX)
$17,936,262
Management and general expenses
$1,667,552
Fundraising expenses
$3,811
Program service expenses (Part III)
$17,936,262

Program services were 91.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $14,230

  • 1e · Government grants (contributions)

    $18,361,428

  • 1f · All other contributions, gifts and grants

    $15,993

  • 2a · Program service revenue: STUDENT ACTIVITIES

    total $88,446 · related or exempt $88,446

  • 3 · Investment income

    total $278,642 · excluded $278,642

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $14,230

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $9,500 · program services $9,500

  • 5 · Compensation of officers, directors and key employees

    total $996,221 · program services $804,971 · management and general $191,250

  • 7 · Other salaries and wages

    total $9,316,195 · program services $9,244,195 · management and general $72,000

  • 8 · Pension plan contributions

    total $1,407,680 · program services $1,371,429 · management and general $36,251

  • 9 · Other employee benefits

    total $1,283,380 · program services $1,154,375 · management and general $129,005

  • 10 · Payroll taxes

    total $389,253 · program services $350,296 · management and general $38,957

  • 11b · Fees: legal

    total $34,186 · management and general $34,186

  • 11c · Fees: accounting

    total $362,118 · management and general $362,118

  • 11g · Fees: other

    total $648,122 · program services $400,536 · management and general $247,586

  • 12 · Advertising and promotion

    total $16,408 · management and general $16,408

  • 13 · Office expenses

    total $127,936 · program services $50,752 · management and general $77,184

  • 14 · Information technology

    total $7,949 · program services $7,148 · management and general $801

  • 16 · Occupancy

    total $2,723,525 · program services $2,450,136 · management and general $273,389

  • 17 · Travel

    total $25,554 · program services $25,554

  • 19 · Conferences, conventions and meetings

    total $42,015 · program services $42,015

  • 22 · Depreciation, depletion and amortization

    total $56,107 · program services $50,360 · management and general $5,747

  • 23 · Insurance

    total $182,654 · program services $164,302 · management and general $18,352

  • 24a · Other expenses: BOOKS AND SUPPLIES

    total $1,419,744 · program services $1,388,758 · management and general $27,175 · fundraising $3,811

  • 24b · Other expenses: SPECIAL ED SERVICES

    total $421,935 · program services $421,935

  • 24c · Other expenses: CHARTER AUTHORIZER FEES

    total $137,143 · management and general $137,143

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,436,115 · end of year $6,765,954

  • 4 · Accounts receivable

    beginning of year $3,085,866 · end of year $2,506,210

  • 9 · Prepaid expenses and deferred charges

    beginning of year $38,469 · end of year $227,772

  • 10a · Land, buildings and equipment: cost or other basis

    $1,157,577

  • 10b · Land, buildings and equipment: accumulated depreciation

    $294,831

  • 10c · Land, buildings and equipment, net

    beginning of year $918,853 · end of year $862,746

  • 15 · Other assets

    beginning of year $28,183,620 · end of year $27,860,522

  • 17 · Accounts payable and accrued expenses

    beginning of year $970,734 · end of year $1,289,077

  • 19 · Deferred revenue

    beginning of year $2,162,921 · end of year $1,522,104

  • 25 · Other liabilities

    beginning of year $28,078,030 · end of year $27,809,671

  • 27 · Net assets without donor restrictions

    beginning of year $8,451,238 · end of year $7,602,352

Mission and programs · 2024

Mission

THE MISSION OF THE FOUNDATION FOR HISPANIC EDUCATION IS TO PROVIDE LEADERSHIP IN THE EDUCATION OF ENGLISH LANGUAGE LEARNERS ((ELL) AND THE DEVELOPMENT OF SPECIALIZED TRAINING PROGRAMS FOR TEACHERS OF ENGLISH LANGUAGE LEARNERS.

Activities or mission (Part I)

TO PROVIDE HISPANICS, OTHER MINORITIES, AND WOMEN WITH AN OPPORUNITY TO AQUIRE AN EDUCATION.

  • IN 2001, IN RESPONSE TO THE BURGEONING LATINO POPULATION IN SAN JOSE, THE FOUNDATION FOR HISPANIC EDUCATION ESTABLISHED A BILINGUAL CHARTER SCHOOL, LATINO COLLEGE PREPARATORY ACADEMY (LCPA).SINCE THEN, THE MISSION OF LCPA HAS BEEN TO ENABLE UNDERSERVED HIGH SCHOOL ENGLISH LANGUAGE LEARNERS (ELL) TO BECOME BI-LITERATE IN ENGLISH AND SPANISH AND PROFICIENT IN MATHEMATICS AND SCIENCE WHILE REMAINING CULTURALLY RESPONSIVE TO ENSURE THEIR ABILITY TO SUCCESSFULLY COMPLETE REQUIREMENTS FOR A HIGH SCHOOL DIPLOMA AND PURSUE POST-SECONDARY EDUCATIONAL OPPORTUNITIES.

    Expenses $7,790,856 · Revenue $70,628

  • IN 2014, THE FOUNDATION FOR HISPANIC EDUCATION OPENED ITS SECOND CHARTER HIGH SCHOOL SERVING TE EAST SAN JOSE COMMUNITY,LUIS CALDEZ LEADERSHIP ACADEMY (LVLA). LVLA IS COMMITTED TO PROVIDING A RIGOROUS ACADEMIC PROGRAM DESIGNED TO INSTILL A LIFELONG PASSION FOR LEARNING AND TO EQUIP STUDENTS WITH THE SKILLS FOR SOCIAL AND ACADEMIC SUCCESS AT FOUR YEAR COLLEGES, UNIVERSITIES AND LOCAL COMMUNITY COLLEGES. LVLA HAS EMBODIED TH LEGACY OF ITS NAMESAKE, LUIS VALDEZ, BY INTEGRATING A VISUAL, PERFORMING ARTS, AND DIGITAL MEDIA PROGRAM INTO ITS CURRICULUM. THROUGH ITS CULTURALLY SUSTAINING PEDAGOGY, LVLA AIMS TO GRADUARE EMPOWERED YOUNG ADULTS WHO ARE POSIED, CONFIDENT, AND ARTICULATE LEADERS.

    Expenses $4,641,116 · Revenue $9,679

  • THE MISSION OF THE ROBERTO CRUZ LEADERSHIP ACADEMY (RCLA) IS TO EMPOWER STUDENTS TO BECOME COMMUNITY LEADERS AND SOCIALLY CONSCIOUS EDUCATORS. RCLA IMPLEMENTS A RIGOROUS TEACHER ACADEMY THAT INTEGRATES TECHNOLOGY, REAL WORLD PROJECTS, COMMUNITY VALUES, BIILITERACY, AND AN ENVIRONMENT THAT PROMOTES PERSONALED LEARNING WHERE STUDENTS HAVE ACCESS TO POST-SECONDARY EDUCATIONAL OPPORTUNITIES. RCLA AIMS TO EDUCATE STUDENTS THROUGH COLLEGE PREPARATORY COURSES THAT EMPOWER THEM TO BE ACADEMICALLY LITERATE, CRITICAL THINKERS, EFFECTIVE COMMUNICATORS AND INDEPENDENT PROBLEM SOLVERS WHO ARE AGENTS OF EDUCATION AND SOCIAL JUSTICE WITH A COMMITMENT TOWARD THE COMMUNITY AROUND THEM.

    Expenses $5,429,912 · Revenue $8,139

  • OPERATE A HOME OFFICE FOR CENTRAL ADMINISTRATION AND GENERAL OPERATIONS SUPPORTING CHARTER SCHOOL OPERATIONS.

    Expenses $74,378 · Grants $9,500

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sarah Valencia

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • Jose Iglesias

    TREASURER/CFO

    Total calculated
    $0
    Hours/week
    2

  • Betty Jimenez

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Eva Blanco Masias

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • John M Sobrato

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Werner Zurcher

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Sherry Segura

    EXECUTIVE DIRECTOR/CEO

    Total calculated
    $309,506
    From this org
    $242,828
    From related orgs
    $0
    Other
    $66,678
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $242,828
    Bonus
    $0
    Other
    $0
    Deferred
    $46,380
    Nontaxable benefits
    $20,298
    Filer's total
    $309,506

  • Vu Long Trinh

    CHIEF OF SCHOOLS

    Total calculated
    $271,678
    From this org
    $207,367
    From related orgs
    $0
    Other
    $64,311
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,367
    Bonus
    $0
    Other
    $0
    Deferred
    $39,607
    Nontaxable benefits
    $24,704
    Filer's total
    $271,678

  • Gricelda Gonzalez

    DIRECTOR OF TEACHING/LEARNING

    Total calculated
    $212,931
    From this org
    $171,619
    From related orgs
    $0
    Other
    $41,312
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,619
    Bonus
    $0
    Other
    $0
    Deferred
    $32,779
    Nontaxable benefits
    $8,533
    Filer's total
    $212,931

  • Jesus Rios

    PRINCIPAL

    Total calculated
    $228,020
    From this org
    $163,957
    From related orgs
    $0
    Other
    $64,063
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,957
    Bonus
    $0
    Other
    $0
    Deferred
    $31,316
    Nontaxable benefits
    $32,747
    Filer's total
    $228,020

  • Rochelle E Fong Salazar

    DIRECTOR OF STUDENT SERVICES

    Total calculated
    $202,509
    From this org
    $170,033
    From related orgs
    $0
    Other
    $32,476
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,033
    Bonus
    $0
    Other
    $0
    Deferred
    $32,476
    Nontaxable benefits
    $0
    Filer's total
    $202,509

  • Claudia Moreno

    DIRECTOR OF ACADEMICS

    Total calculated
    $181,834
    From this org
    $146,344
    From related orgs
    $0
    Other
    $35,490
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,344
    Bonus
    $0
    Other
    $0
    Deferred
    $27,952
    Nontaxable benefits
    $7,538
    Filer's total
    $181,834

  • David Wulff

    ATHLETIC ADMINSTRATOR

    Total calculated
    $192,099
    From this org
    $144,841
    From related orgs
    $0
    Other
    $47,258
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,841
    Bonus
    $0
    Other
    $0
    Deferred
    $27,665
    Nontaxable benefits
    $19,593
    Filer's total
    $192,099

  • Edgar Gudiel

    DIRECTOR OF FACILITIES

    Total calculated
    $169,674
    From this org
    $136,458
    From related orgs
    $0
    Other
    $33,216
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,458
    Bonus
    $0
    Other
    $0
    Deferred
    $26,063
    Nontaxable benefits
    $7,153
    Filer's total
    $169,674

  • Maria Baeza

    TEACHER

    Total calculated
    $187,813
    From this org
    $130,678
    From related orgs
    $0
    Other
    $57,135
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $130,678
    Bonus
    $0
    Other
    $0
    Deferred
    $24,959
    Nontaxable benefits
    $32,176
    Filer's total
    $187,813

  • Cesar Manuel Herrera

    TEACHER

    Total calculated
    $172,882
    From this org
    $125,212
    From related orgs
    $0
    Other
    $47,670
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $125,212
    Bonus
    $0
    Other
    $0
    Deferred
    $23,916
    Nontaxable benefits
    $23,754
    Filer's total
    $172,882

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
6 April 2026
IRS schema version
2024v5.5
Source object
202630969349301293

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.