Overview
What is Hispanic Educational Resources Inc?
Hispanic Educational Resources Inc, located at 828 SCOTT AVENUE, DES MOINES, IA, 50309, is a nonprofit organization dedicated to empowering the Latino community. They specialize in early education, offering bilingual services to children between the ages of 1 and 5. Their mission is centered around quality education and advocacy, aiming to uplift the Latino community through these essential services. The organization currently employs 33 individuals, demonstrating their commitment to this cause.
Official website here: www.herdsm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Hispanic Educational Resources Inc has received an 87% rating from Charity Navigator, indicating a solid level of performance in accountability and finance. Specifically, the organization excels in areas such as board independence, financial oversight, and maintains a low liabilities to assets ratio. The high program expense ratio of 72.19% suggests that a significant portion of its funds is directed towards its programs, demonstrating a commitment to its mission.
However, there are some areas for improvement, particularly concerning its policies. The organization lacks a whistleblower policy and a document retention and destruction policy, which are critical for transparency and governance. While the culture and community score at 73 reflects some engagement in these areas, the absence of these policies may raise concerns about organizational practices.
Overall, Hispanic Educational Resources Inc shows strengths in financial accountability and program management but could enhance its governance framework by implementing necessary policies to ensure comprehensive oversight and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Hispanic Educational Resources Inc legitimate?
Hispanic Educational Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanic Educational Resources Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $591,148
For more financial information, click here
Official website here: www.herdsm.org
What is the mission statement of Hispanic Educational Resources Inc?
Hispanic Educational Resources Inc is committed to empowering the Latino community through quality education and advocacy. They achieve this by providing bilingual early education services to children between the ages of 1-5. The organization operates a comprehensive early education center, known as Comingo Early Education Center, which specializes in delivering these bilingual educational services. The goal is to equip young children with a strong educational foundation, fostering their growth and development in a bilingual environment.
Official website here: www.herdsm.org
Who is the CEO of Hispanic Educational Resources Inc?
Claudia Brown is the President of Hispanic Educational Resources Inc.
Official website here: www.herdsm.org
What is the revenue of Hispanic Educational Resources Inc?
Hispanic Educational Resources Inc's revenue in 2022 was $1,102,496.
Official website here: www.herdsm.org
Who are the executives of Hispanic Educational Resources Inc and what are their salaries?
The average compensation at Hispanic Educational Resources Inc during 2022 was $17,914. There are 33 employees at Hispanic Educational Resources Inc.
Here are 7 key members and their salaries:
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Official website here: www.herdsm.org
Where can I find the form 990 for Hispanic Educational Resources Inc?
Hispanic Educational Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.herdsm.org
Learn more at the official website: www.herdsm.org
Mission Statement of Hispanic Educational Resources Inc
Hispanic Educational Resources Inc, as a nonprofit organization, aims to empower the Latino community through high-quality education and advocacy. They accomplish this by providing bilingual early education services to children between the ages of 1-5. This mission is carried out at their Comingo Early Education Center, a facility specializing in bilingual early education. By offering these services, Hispanic Educational Resources Inc seeks to contribute to the development and well-being of the Latino community, fostering a stronger and more inclusive society.
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Impact
July, 2024
Hispanic Educational Resources Inc's impact lies in empowering the Latino community through quality education and advocacy. Specifically, they provide bilingual early education services to children ages 1-5 through their Conmigo Early Education Center in Des Moines, IA. By focusing on this age group and offering bilingual education, they are helping to set a strong educational foundation for young Latino children, giving them the skills and support they need to succeed in school and beyond. This targeted approach contributes to the overall growth and development of the Latino community, making a meaningful impact on the lives of the children and families they serve.
This information is meant to be a general summary of Hispanic Educational Resources Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $709,301
- Gross Receipts: $1,102,496
Assets and Liabilities:
- Total Assets: $542,145
- Total Liabilities: $109,428
- Net Assets: $432,717
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSIDIZED TUITION
Revenue
$496,852
TUITION REVENUE FROM P
Revenue
$212,449
Organization Details
Founding Year
1983
Phone
(515) 282-6542Principal Officer
Claudia Brown
Main Address
828 SCOTT AVENUE, DES MOINES, IA, 503095054
Website
www.herdsm.orgNTEE Category
Code: B60 - Education
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