To inspire students to discover their potential and to ignite their desire to embrace education and achieve success.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$149K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $14K a year · 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$149K
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
8 mo
of spending, in cash
Looks good: 8.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $127K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$208K
40% of total assets
Looks good: liabilities are 40% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 12 voting members
Looks good: 11 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$715K
+6% vs prior year
Spent
$599K
To programs
79%
Net assets
$316K
By yearFY2020–FY2025
Revenue
$715K
FY2021▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$673K
FY2021$715K
FY2023$868K
FY2024$1.1M
FY2025$1.2M
Expenses
$599K
FY2021▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$524K
FY2021$599K
FY2023$1.1M
FY2024$1.2M
FY2025$1.2M
Net assets
$316K
FY2021▲ +58%
Tap a bar for its year
Net assets by fiscal year
FY2020$200K
FY2021$316K
FY2023$673K
FY2024$569K
FY2025$540K

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1993.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $470K Management & general 14% · $84K Fundraising 7% · $45K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $149K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President & CEO
$149,000Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2021FY2020
Ivonne Diaz-Claisse$216,000$221,496$186,999$149,000$158,800

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Hispa INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Inspires students to discover potential, embrace education, and achieve success.

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Provided by the organization

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3 programs · $470K · in their own filed words · FY2020
01

Hispa Virtual Role Model Programming

The academic year 2020-21 marked hispa's first year of all virtual programming. As such, hispa's traditional role model programs, corporate visits, and conferences were reformed and reimagined around the unique and challenging virtual MODEL.THE virtual 'live!' hispa role model program enables hispanic professionals to stream live to…

$346Kprogram expense
02

Hispa Leadership Workshop Series

The leadership workshop series provides access to leadership development, career networks and role models to the students of the new jersey governor's hispanic fellows program, funded by the center for hispanic policy, research and development.

$109Kprogram expense
03

Hispa Latinos in College

Seeing the results of hispa's leadership workshop series, hispa established the latinos in college program in 2015 to expand these benefits to students beyond the fellows program. In 2020-21, with the support of pseg, hispa delivered latinos in college workshops in fall 2020 and spring 2021 to the new jersey institute of technology…

$14Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 5 grants · $395K · 2019–2024
Unitemized GrantFY2024$106,500
Unitemized GrantFY2023$136,501
Unitemized GrantFY2022$75,000
Unitemized GrantFY2020$59,760
Unitemized GrantFY2019$17,500

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$715K
Ln 12
Gifts and grantsLn 1h$719K
Fees for servicesLn 2g$28K
Investment incomeLn 3$494
Money outPt IX
$599K
Ln 25
Programscol B$470K
Managementcol C$84K
Fundraisingcol D$45K
Owns and owesPt X
$316K
net assets · Ln 32
Cash and savingsLn 1–2$414K
Total assetsLn 16$525K
LiabilitiesLn 26$208K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$719K
Government grantsLn 1e$183K
Fundraising eventsLn 1c$107K
Fees for servicesLn 2g$28K
Investment incomeLn 3$494
Total revenueLn 12$715K
Assets in detailPt X, end of year
CashLn 1$29K
SavingsLn 2$386K
Cash and savings togetherLn 1–2$414K
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$525K
LiabilitiesLn 26$208K
Net assetsLn 32$316K
OperationsPt I, VI
EmployeesI 52
VolunteersI 61,577
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$292K$414K
Land, buildings, equipmentLn 10c$2K$3K
Total assetsLn 16$459K$525K
LiabilitiesLn 26$259K$208K
Net assetsLn 32$200K$316K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$60K$60K
Pay of current officers, directors and key staffLn 5$138K$123K$3K$12K
Other salaries and wagesLn 7$50K$20K$30K
Other employee benefitsLn 9$1K$1K
Payroll taxesLn 10$5K$2K$3K
Accounting feesLn 11c$26K$11K$15K
Other fees for servicesLn 11g$271K$231K$7K$33K
Advertising and promotionLn 12$2K$57$2K
Office expensesLn 13$6K$2K$4K
Information technologyLn 14$15K$4K$11K
TravelLn 17$4K$4K$58
Conferences, conventions and meetingsLn 19$3K$3K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$15K$10K$4K
Total functional expensesLn 25$599K$470K$84K$45K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.2M$1.2M−$34K$540K 990 PDF
FY2024 $1.1M$1.2M−$116K$569K 990 PDF
FY2023 $868K$1.1M−$183K$673K 990 PDF
FY2022 Not on file
FY2021 Viewing $715K$599K$116K$316K 990 PDF
FY2020 $673K$524K$149K$200K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $715,112 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $617,220$718,911
I-9 Program service revenuePrior year $41,500$28,100
I-10 Investment incomePrior year $356$494
I-11 Other revenuePrior year $13,899−$32,393
I-12 Total revenuePrior year $672,975$715,112
I-13 Grants and similar amounts paidPrior year $17,500$59,760
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $161,057$194,373
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $345,402$344,612
I-18 Total expensesPrior year $523,959$598,745
I-19 Revenue less expensesPrior year $149,016$116,367
Part VI · Governance 11 of 12 board members independent, 2 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members11
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $715,112 across 8 lines filed
VIII-1c Fundraising events$106,643
VIII-1e Government grants$183,335
VIII-1f All other contributions, gifts and grants$428,933
VIII-1h Total contributions, gifts and grants$718,911
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $28,100$28,100
VIII-3 Investment incomeExcluded from tax $494$494
VIII-8 Net income from fundraising eventsExcluded from tax −$32,393−$32,393
VIII-12 Total revenueRelated to mission $28,100 · Unrelated business $0 · Excluded from tax −$31,899$715,112
Part IX · Statement of functional expenses $598,745 across 15 lines filed
IX-2 Grants to domestic individualsPrograms $59,760$59,760
IX-5 Pay of current officers, directors and key staffPrograms $123,000 · Management $3,000 · Fundraising $12,000$138,000
IX-7 Other salaries and wagesPrograms $20,367 · Management $29,642$50,009
IX-9 Other employee benefitsManagement $1,383$1,383
IX-10 Payroll taxesPrograms $2,438 · Management $2,543$4,981
IX-11c Accounting feesPrograms $10,501 · Management $15,203$25,704
IX-11g Other fees for servicesPrograms $231,183 · Management $6,900 · Fundraising $32,900$270,983
IX-12 Advertising and promotionPrograms $57 · Management $1,546$1,603
IX-13 Office expensesPrograms $1,791 · Management $4,000$5,791
IX-14 Information technologyPrograms $3,710 · Management $11,004$14,714
IX-17 TravelPrograms $3,690 · Management $58$3,748
IX-19 Conferences, conventions and meetingsPrograms $3,200$3,200
IX-22 Depreciation, depletion and amortizationManagement $1,517$1,517
IX-23 InsuranceManagement $2,475$2,475
IX-24 Other expenses (24a–d)Programs $10,460 · Management $4,417$14,877
IX-25 Total functional expensesPrograms $470,157 · Management $83,688 · Fundraising $44,900$598,745
Part X · Balance sheet $524,749 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $24,883$28,514
X-2 Savings and temporary cash investmentsStart of year $266,737$385,784
X-4 Accounts receivableStart of year $164,525$105,048
X-9 Prepaid expenses and deferred charges$2,165
X-10c Land, buildings and equipment, netStart of year $1,668$3,238
X-16 Total assetsStart of year $458,933$524,749
X-17 Accounts payable and accrued expensesStart of year $103,071$116,439
X-24 Unsecured notes and loans payableStart of year $10,415$10,415
X-25 Other liabilitiesStart of year $145,515$81,596
X-26 Total liabilitiesStart of year $259,001$208,450
X-27 Net assets without donor restrictionsStart of year $40,932$122,299
X-28 Net assets with donor restrictionsStart of year $159,000$194,000
X-32 Total net assets or fund balancesStart of year $199,932$316,299
X-33 Total liabilities and net assetsStart of year $458,933$524,749
Part XI · Reconciliation of net assets $316,299 net assets at year end
XI-1 Total revenue$715,112
XI-2 Total expenses$598,745
XI-3 Revenue less expenses$116,367
XI-4 Net assets at start of year$199,932
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$316,299

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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