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.
86¢ of each $1 spent went to programs.
$187K 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

FY2023 · 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
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$187K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
7 mo
of spending, in cash
Looks good: 6.7 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
$256K
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 13 voting members
Looks good: 12 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$868K
+21% vs prior year
Spent
$1.1M
To programs
86%
Net assets
$673K
By yearFY2020–FY2025
Revenue
$868K
FY2023▲ +21%
Tap a bar for its year
Revenue by fiscal year
FY2020$673K
FY2021$715K
FY2023$868K
FY2024$1.1M
FY2025$1.2M
Expenses
$1.1M
FY2023▲ +76%
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
$673K
FY2023▲ +113%
Tap a bar for its year
Net assets by fiscal year
FY2020$200K
FY2021$316K
FY2023$673K
FY2024$569K
FY2025$540K

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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

86 cents of each dollar spent went to programs.

Program services 86% · $899K Management & general 8% · $85K Fundraising 6% · $66K

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

13 people listed on the 990; $187K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$186,999Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$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 · $899K · in their own filed words · FY2022
01

The Hispa Role Model Program

Enables hispanic professionals to step (or, in virtual applications, stream) into predominantly low-income, public middle school classrooms in which hispanics are the majority to serve as positive role models for our youth.

$649Kprogram expense
02

Hispa Leadership Workshop Series

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

$202Kprogram 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 2022-23, with the support of pseg and BMS, hispa delivered latinos in college workshops to rider university and new jersey institute of technology…

$49Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$868K
Ln 12
Gifts and grantsLn 1h$737K
Fees for servicesLn 2g$144K
Investment incomeLn 3$13K
Money outPt IX
$1.1M
Ln 25
Programscol B$899K
Managementcol C$85K
Fundraisingcol D$66K
Owns and owesPt X
$673K
net assets · Ln 32
Cash and savingsLn 1–2$590K
Total assetsLn 16$930K
LiabilitiesLn 26$256K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$737K
Government grantsLn 1e$284K
Noncash giftsLn 1g$5K
Fundraising eventsLn 1c$100K
Fees for servicesLn 2g$144K
Investment incomeLn 3$13K
Total revenueLn 12$868K
Assets in detailPt X, end of year
CashLn 1$278K
SavingsLn 2$312K
Cash and savings togetherLn 1–2$590K
InvestmentsLn 11–13$254K
Land, buildings, equipmentLn 10c$2K
Total assetsLn 16$930K
LiabilitiesLn 26$256K
Net assetsLn 32$673K
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 FY23End FY23
Cash and savingsLn 1–2$958K$590K
InvestmentsLn 11–13$254K
Land, buildings, equipmentLn 10c$2K$2K
Total assetsLn 16$1.1M$930K
LiabilitiesLn 26$231K$256K
Net assetsLn 32$856K$673K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$75K$75K
Pay of current officers, directors and key staffLn 5$184K$174K$10K
Other salaries and wagesLn 7$55K$14K$41K
Other employee benefitsLn 9$1K$344$1K
Payroll taxesLn 10$6K$1K$4K
Accounting feesLn 11c$35K$19K$15K
Other fees for servicesLn 11g$542K$492K$8K$42K
Advertising and promotionLn 12$5K$4K$1K
Office expensesLn 13$5K$5K$296
Information technologyLn 14$13K$10K$3K
TravelLn 17$25K$23K$1K
Conferences, conventions and meetingsLn 19$15K$15K
Depreciation, depletion and amortizationLn 22$755$755
InsuranceLn 23$4K$19$4K
Other expenses (24a–d)Ln 24$82K$65K$3K$14K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$1.1M$899K$85K$66K

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 Viewing $868K$1.1M−$183K$673K 990 PDF
FY2022 Not on file
FY2021 $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 J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $868,066 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,146,165$737,034
I-9 Program service revenuePrior year $208,200$144,300
I-10 Investment incomePrior year $0$12,978
I-11 Other revenuePrior year −$25,645−$26,246
I-12 Total revenuePrior year $1,328,720$868,066
I-13 Grants and similar amounts paidPrior year $56,640$75,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $197,854$246,076
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $534,412$729,925
I-18 Total expensesPrior year $788,906$1,051,001
I-19 Revenue less expensesPrior year $539,814−$182,935
Part VI · Governance 12 of 13 board members independent, 2 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members12
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 $868,066 across 9 lines filed
VIII-1c Fundraising events$100,469
VIII-1e Government grants$284,216
VIII-1f All other contributions, gifts and grants$352,349
VIII-1g Noncash contributions (included above)$5,296
VIII-1h Total contributions, gifts and grants$737,034
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $144,300$144,300
VIII-3 Investment incomeExcluded from tax $12,978$12,978
VIII-8 Net income from fundraising eventsExcluded from tax −$26,246−$26,246
VIII-12 Total revenueRelated to mission $144,300 · Unrelated business $0 · Excluded from tax −$13,268$868,066
Part IX · Statement of functional expenses $1,051,001 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $75,000$75,000
IX-5 Pay of current officers, directors and key staffPrograms $173,995 · Fundraising $10,000$183,995
IX-7 Other salaries and wagesPrograms $14,344 · Management $40,656$55,000
IX-9 Other employee benefitsPrograms $344 · Management $1,007$1,351
IX-10 Payroll taxesPrograms $1,459 · Management $4,271$5,730
IX-11c Accounting feesPrograms $19,300 · Management $15,452$34,752
IX-11g Other fees for servicesPrograms $492,487 · Management $7,662 · Fundraising $42,200$542,349
IX-12 Advertising and promotionPrograms $3,603 · Management $1,349$4,952
IX-13 Office expensesPrograms $4,821 · Management $296$5,117
IX-14 Information technologyPrograms $10,312 · Management $3,002$13,314
IX-17 TravelPrograms $23,126 · Management $1,453$24,579
IX-19 Conferences, conventions and meetingsPrograms $15,100$15,100
IX-22 Depreciation, depletion and amortizationManagement $755$755
IX-23 InsurancePrograms $19 · Management $4,009$4,028
IX-24 Other expenses (24a–d)Programs $65,277 · Management $2,687 · Fundraising $14,294$82,258
IX-24e All other expensesManagement $2,721$2,721
IX-25 Total functional expensesPrograms $899,187 · Management $85,320 · Fundraising $66,494$1,051,001
Part X · Balance sheet $929,614 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $34,006$278,344
X-2 Savings and temporary cash investmentsStart of year $924,109$311,985
X-4 Accounts receivableStart of year $125,630$82,350
X-9 Prepaid expenses and deferred chargesStart of year $863$982
X-10c Land, buildings and equipment, netStart of year $2,447$1,692
X-11 Publicly traded securities$254,261
X-16 Total assetsStart of year $1,087,055$929,614
X-17 Accounts payable and accrued expensesStart of year $117,229$140,439
X-25 Other liabilitiesStart of year $113,713$115,997
X-26 Total liabilitiesStart of year $230,942$256,436
X-27 Net assets without donor restrictionsStart of year $549,113$502,678
X-28 Net assets with donor restrictionsStart of year $307,000$170,500
X-32 Total net assets or fund balancesStart of year $856,113$673,178
X-33 Total liabilities and net assetsStart of year $1,087,055$929,614
Part XI · Reconciliation of net assets $673,178 net assets at year end
XI-1 Total revenue$868,066
XI-2 Total expenses$1,051,001
XI-3 Revenue less expenses−$182,935
XI-4 Net assets at start of year$856,113
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$673,178

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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