Form 990 for tax year 2024

Filed by THE MICHIGAN HISPANIC COLLABORATIVE.

Totals

Total revenue: $9,458,977
Total expenses: $2,379,047
Contributions and grants received: $9,122,449
Grants paid: $0
Program service revenue: $0
Investment income: $336,528
Other revenue: $0
Total assets, end of year: $10,388,609
Total liabilities, end of year: $210,614
Net assets or fund balances, end of year: $10,177,995
Program services expenses (Part IX): $2,048,377
Management and general expenses: $233,845
Fundraising expenses: $96,825
Program service expenses (Part III): $2,048,377

Program services were 86.1% 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.

1e · Government grants (contributions)

$8,500,000
1f · All other contributions, gifts and grants

$622,449
1g · Noncash contributions included above

$3,990
3 · Investment income

total $336,528 · excluded $336,528
7a · Gross sales of assets other than inventory

securities $477,000
7b · Less cost or other basis and sales expenses

securities $477,000
7c · Gain or loss

securities $0
7d · Net gain or loss

total $0

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $140,333 · program services $137,795 · management and general $1,269 · fundraising $1,269
6 · Compensation of disqualified persons

total $949,241 · program services $932,077 · management and general $8,582 · fundraising $8,582
10 · Payroll taxes

total $75,316 · program services $67,888 · management and general $3,714 · fundraising $3,714
11b · Fees: legal

total $26,937 · management and general $26,937
11c · Fees: accounting

total $26,740 · management and general $26,740
11d · Fees: lobbying

total $45,694 · fundraising $45,694
11g · Fees: other

total $243,118 · program services $241,258 · management and general $1,860
12 · Advertising and promotion

total $66,688 · management and general $45,922 · fundraising $20,766
13 · Office expenses

total $24,376 · management and general $24,376
14 · Information technology

total $85,938 · program services $67,409 · management and general $18,529
17 · Travel

total $9,398 · management and general $9,398
20 · Interest

total $7,356 · management and general $7,356
22 · Depreciation, depletion and amortization

total $201,743 · program services $201,743
23 · Insurance

total $5,304 · management and general $5,304
24a · Other expenses: PROGRAM EXPENSES

total $238,430 · program services $238,430
24b · Other expenses: CURRICULUM ENCHANCEMENT

total $139,511 · program services $139,511
24c · Other expenses: RENTAL EXPENSE

total $28,804 · management and general $28,804
24d · Other expenses: MEMBERSHIP/LICENSES

total $23,930 · management and general $23,930
24e · All other expenses

total $40,190 · program services $22,266 · management and general $1,124 · fundraising $16,800

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,434,842 · end of year $8,067,067
2 · Savings and temporary cash investments

beginning of year $2,208 · end of year $208
3 · Pledges and grants receivable

beginning of year $10,500
9 · Prepaid expenses and deferred charges

beginning of year $1,574 · end of year $7,781
11 · Investments: publicly traded securities

beginning of year $1,238,919 · end of year $1,943,690
14 · Intangible assets

beginning of year $571,606 · end of year $369,863
17 · Accounts payable and accrued expenses

beginning of year $62,164 · end of year $93,361
24 · Unsecured notes and loans payable

beginning of year $113,000 · end of year $94,077
25 · Other liabilities

beginning of year $13,670 · end of year $23,176
27 · Net assets without donor restrictions

beginning of year $1,372,815 · end of year $1,786,495
28 · Net assets with donor restrictions

beginning of year $1,698,000 · end of year $8,391,500

Mission and programs · 2024

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE ACADEMIC AND CAREER SUPPORT PROGRAMS AND SERVICES IN ORDER TO ENABLE MORE HISPANIC STUDENTS TO GRADUATE FROM COLLEGE AND ACHIEVE CAREER SUCCESS.

Activities or mission (Part I)

WE HELP MICHIGAN HISPANIC STUDENTS AND YOUNG PROFESSIONALS NAVIGATE THE COMPLEXITY OF COLLEGE ACCESS THROUGH EARLY CAREER BY PROVIDING SUPPORT, RESOURCES, AND OPPORTUNITIES.

TO PROVIDE ACADEMIC AND CAREER SUPPORT PROGRAMS AND SERVICES TO ENABLE HISPANIC STUDENTS TO GRADUATE FROM COLLEGE AND ACHIEVE CAREER SUCCESS.

Expenses $2,048,377

As filed on the 2024 return.

Listed in Part VII

Joann ChavezJOANN CHAVEZ

PRESIDENT

Total calculated

$0

Hours/week

3
Jimmy WalkerJIMMY WALKER

DIRECTOR

Total calculated

$0

Hours/week

3
Lawrence GarciaLAWRENCE GARCIA

BOARD CHAIR

Total calculated

$0

Hours/week

3
Jesus HernandezJESUS HERNANDEZ

TREASURER

Total calculated

$0

Hours/week

3
Jeff WyattJEFF WYATT

DIRECTOR

Total calculated

$0

Hours/week

3
Patrick IrwinPATRICK IRWIN

DIRECTOR

Total calculated

$0

Hours/week

3
Liz AlvarezLIZ ALVAREZ

DIRECTOR

Total calculated

$0

Hours/week

3
Gabriel BedoyaGABRIEL BEDOYA

DIRECTOR

Total calculated

$0

Hours/week

3
Mayra Bravo-VillarrealMAYRA BRAVO-VILLARREAL

DIRECTOR

Total calculated

$0

Hours/week

3
Elsa CallejaELSA CALLEJA

DIRECTOR

Total calculated

$0

Hours/week

3
Octavio DelgadoOCTAVIO DELGADO

DIRECTOR

Total calculated

$0

Hours/week

3
Debora DiciccoDEBORA DICICCO

DIRECTOR

Total calculated

$0

Hours/week

3
Gabe Rodriguez-GarrigaGABE RODRIGUEZ-GARRIGA

DIRECTOR

Total calculated

$0

Hours/week

3
Amanda Said CantoAMANDA SAID CANTO

EXECUTIVE DIRECTOR

Total calculated

$133,833

From this org

$133,833

From related orgs

$0

Other

$0

Hours/week

40

Schedule J breakdown matched by us

Base

$133,833

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$0

Filer's total

$133,833

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

None.

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.

Provenance

Return type: form_990
Tax year: 2024
Filed: 14 November 2025
IRS schema version: 2024v5.2
Source object: 202503189349310420

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