Hispanic Scholastic Funds Consortium FY2022 filing

Public charity (501(c)(3)) Round Rock, TX EIN 83-0409721 NTEE B82
Revenue
$191K
▼ -25%
FY2022 · Pt VIII · Ln 12
Expenses
$205K
▲ +6%
FY2022 · Pt IX · Ln 25
Net assets
$216K
FY2022 · Pt X · Ln 32
To programs
66%
FY2022 · Pt IX · col B
Revenue & expenses by yearFY2021–FY2025
Revenue
$191K
FY2022▼ -25%
Expenses
$205K
FY2022▲ +6%

Offers scholarships and leadership training to Hispanic students.

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Tax-deductible?
Yes
Per the IRS master file. Details →
Can I give now?
No revocation on IRS record
Not on the IRS revocation list. Details →
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — The Blackbaud Giving Fund
$7K in the latest grant year. Details →
Spent on programs?
66% to programs
Form 990 Part IX, latest filing. Details →
Size and trend
$100K–1M
↓ -25% vs prior year Details →

Form 990 for the fiscal year ending June 2022 (IRS tax year 2021).


Offers scholarships and leadership training to Hispanic students.

Type
Public charity (501(c)(3)) · Education
Location
Round Rock, TX
Website
www.hispanicscholar.org
Filings
5 on file (2021–2022)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Provided by the organization

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Where the money goes · FY2022
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.16 Fundraising $0.18
Program efficiency
66%
of spending reaches programs
Operating runway
12.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-7%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$220K
FY2022▼ -6%
Total liabilities
$4K
FY2022▲ +40%
Revenue less expensesPt I · Ln 19−$14K
Total assetsPt X · Ln 16$220K
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CHispanic Scholastic Funds Consortium
EINHdr · item D83-0409721
Principal addressHdr · item CRound Rock, TX
WebsiteHdr · item Jwww.hispanicscholar.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B82)
Ruling yearIRS BMFJun 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Hispanic Scholastic Funds Consortium executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $135K of program spending, described in the organization's own filed words · FY2021.
01

To provide scholarship and leadership training to hispanic students.

$135Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants108%$207K
Total revenueLn 12$191K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.16 Fundraising $0.18
Program services66%$135K
Management & general16%$33K
Fundraising18%$37K
Total functional expensesLn 25$205K

Balance Sheet

Part X · end of year
CashLn 1$210K
Total assetsLn 16$220K
Total liabilitiesLn 26$4K
Total net assetsLn 32$216K
Months of cash on handcomputed12.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $210K · Operating expenses/yr $205K
12.3 months
Where the money goes
Program services
Program services $135K · Total expenses $205K
66%
Management & General
Management & general $33K · Total expenses $205K
16%
Fundraising
Fundraising $37K · Total expenses $205K
18%
Cost to raise $1
Fundraising expense (2-yr avg) $36K · Solicited contributions (2-yr avg) $213K
$0.17 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $207K · Total revenue $191K
108%
Government reliance
Government grants — · Total revenue $191K
—
Earned-income share
Program service revenue $0 · Total revenue $191K
0%
Investment reliance
Investment income $-16K · Total revenue $191K
-8%
Program self-sufficiency
Program service revenue $0 · Total expenses $205K
0%
Growth & trend
Revenue growth (YoY)
This year $191K · Prior year $255K
-25%
Net-asset trend (YoY)
End of year $216K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $191K · Expenses $205K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $220K
—
Net-asset ratio
Net assets $216K · Total assets $220K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $220K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Krysta Chacon · Reported title CHAIR · Highest reported compensation $0 · Total expenses $205K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $79K · Total expenses $205K
38%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 66%——
Overhead ratio 16%——
Fundraising cost ratio 18%——
Revenue growth -25%——
Accounting fee ratio 9%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$7K
Grants paid · 5 grants · $425K · 2020–2024
Unitemized GrantFY2024$74,832
Unitemized GrantFY2023$80,300
Unitemized GrantFY2022$121,945
Unitemized GrantFY2021$68,521
Unitemized GrantFY2020$79,894

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$205K revenue · ⤓ 990 PDF
FY2024$215K revenue · ⤓ 990 PDF
FY2023$231K revenue · ⤓ 990 PDF
FY2022$191K revenue · viewing · ⤓ 990 PDF
FY2021$255K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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