Overview
What is National Hispanic Institute Inc?
National Hispanic Institute Inc is a nonprofit organization based in Maxwell, Texas. Their primary mission is to inspire and enhance Hispanic youth, pushing them towards higher education. To achieve this, they conduct various programs, such as the Lorenzo de Zavala Legislative Session, the Great Debate, and the Collegiate World Series. These events offer educational contacts and experiences that improve the access of young Hispanics to higher education. The organization, with a team of 13 employees, is committed to making a positive impact on the education and future of Hispanic youth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% - One-Star out of Four Stars
The National Hispanic Institute Inc holds a One-Star rating from Charity Navigator, indicating significant concerns in areas of accountability and finance. While the organization does excel in having a fully independent board and a strong program expense ratio, its overall score is heavily impacted by a high liabilities-to-assets ratio, which raises red flags about financial stability.
Strengths of the organization include a strong commitment to governance, as evidenced by its independent board composition and effective conflict of interest policies. Additionally, a program expense ratio of nearly 80% suggests that a significant portion of its funding is directed toward its programs rather than administrative costs. However, the absence of several key policies and disclosures, including whistleblower and document retention policies, points to weaknesses in organizational transparency.
The combination of high liabilities and missing critical documentation raises concerns about the long-term financial health and operational practices of the National Hispanic Institute Inc. Stakeholders may want to consider these factors when evaluating the organization's effectiveness and overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is National Hispanic Institute Inc legitimate?
National Hispanic Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Hispanic Institute 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: $483,217
For more financial information, click here
What is the mission statement of National Hispanic Institute Inc?
The National Hispanic Institute Inc's mission is geared towards inspiring and enhancing the educational opportunities for Hispanic youth. This is achieved through various programs such as the Lorenzo de Zavala Legislative Session, The Great Debate, and the Collegiate World Series. These events provide valuable educational contacts and experiences, ultimately improving the access of targeted youth to higher education.
Who is the CEO of National Hispanic Institute Inc?
Ernesto Nieto is the President of National Hispanic Institute Inc.
What is the revenue of National Hispanic Institute Inc?
National Hispanic Institute Inc's revenue in 2022 was $1,441,432.
Who are the executives of National Hispanic Institute Inc and what are their salaries?
The average compensation at National Hispanic Institute Inc during 2022 was $37,171. There are 13 employees at National Hispanic Institute Inc.
Here are 22 key members and their salaries:
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- Compensation: $66,800
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Where can I find the form 990 for National Hispanic Institute Inc?
National Hispanic Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of National Hispanic Institute Inc
The National Hispanic Institute Inc, a non-profit organization, is dedicated to inspiring and enhancing the educational prospects of Hispanic youth. Its mission is geared towards providing these young individuals with the tools and experiences necessary for higher education. The organization achieves this through various initiatives, such as the Lorenzo de Zavala Legislative Session, the Great Debate, and the Collegiate World Series. Through these programs, targeted youth are offered valuable educational contacts and experiences that improve their access to higher education. In essence, the National Hispanic Institute Inc serves as a catalyst for upward educational mobility within the Hispanic community.
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Impact
June, 2024
The National Hispanic Institute Inc's impact is evident in its mission to inspire and enhance Hispanic youth to pursue higher education. Through programs such as the Lorenzo de Zavala Legislative Session, the Great Debate, and the Collegiate World Series, targeted youth are provided with educational contacts and experiences that improve their access to higher education opportunities. By focusing on empowering Hispanic youth and providing them with the tools and resources necessary to succeed academically, the organization plays a crucial role in promoting educational advancement within the Hispanic community.
This information is meant to be a general summary of National Hispanic Institute 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.
- Investment Income: $5,834
- Program Service Revenue: $1,011,259
- Gross Receipts: $1,454,896
Assets and Liabilities:
- Total Assets: $519,372
- Total Liabilities: $731,314
- Net Assets: -$211,942
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LDZ
Revenue
$575,071
6-DAY GREAT DEBATES
Revenue
$159,336
CWS
Revenue
$118,179
4-DAY GREAT DEBATES
Revenue
$107,335
DIGITAL
Revenue
$25,000
Organization Details
Phone
(512) 357-6137Principal Officer
Ernesto Nieto
Main Address
PO BOX 220, MAXWELL, TX, 78656
NTEE Category
Code: C30 - Environment
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