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Hidalgo Foundation Of Bexar County Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 743015538 ✦ Sa antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Hidalgo Foundation Of Bexar County Inc?

Hidalgo Foundation of Bexar County Inc is a nonprofit organization situated in San Antonio, Texas, specifically at 101 W Nueva Street 1019, with a single employee dedicated to its operations. Established for charitable, literary, historical, and educational purposes that benefit Bexar County, Texas, the foundation has recently contributed funds towards setting up the third branch of the county's first all-digital public library, known as Biblotech. The organization's mission aligns with its name, focusing on enhancing the well-being of Bexar County through various means.


Official website here: www.bexar.org/hidalgo

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Hidalgo Foundation Of Bexar County Inc's performance is assessed at a 76%, reflecting a solid Three-Star rating. This score is derived entirely from a single beacon focused on Accountability & Finance, indicating a strong emphasis on financial responsibility and transparency in operations.

The organization excels in several areas, including having a fully independent board and maintaining a low liabilities-to-assets ratio of 0.05%. Notably, they have a high program expense ratio of 84.05%, suggesting that a significant majority of their expenditures directly support their mission.

However, the foundation does have some areas for improvement. Specifically, it lacks several important policies, including a conflict of interest policy and a whistleblower policy, which are essential for maintaining organizational integrity and accountability. Addressing these gaps could enhance their overall governance and trustworthiness.


This AI summary has been generated from information found on Charity Navigator.

Is Hidalgo Foundation Of Bexar County Inc legitimate?

Hidalgo Foundation Of Bexar County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hidalgo Foundation Of Bexar County 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: $44,083
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bexar.org/hidalgo

What is the mission statement of Hidalgo Foundation Of Bexar County Inc?

The Hidalgo Foundation of Bexar County Inc. operates exclusively for charitable, literary, historical, and educational purposes, specifically benefiting Bexar County, Texas. Its mission is centered around contributing to these four areas, aiming to make a positive impact within the specified region. Recently, the foundation has provided funding for the setup of the third branch of the county's first all-digital public library, which further emphasizes its commitment to education.


Official website here: www.bexar.org/hidalgo

Who is the CEO of Hidalgo Foundation Of Bexar County Inc?

Tracy Wolff is the Pres./Exec. Dir of Hidalgo Foundation Of Bexar County Inc.


Official website here: www.bexar.org/hidalgo

What is the revenue of Hidalgo Foundation Of Bexar County Inc?

Hidalgo Foundation Of Bexar County Inc's revenue in 2022 was $130,334.


Official website here: www.bexar.org/hidalgo

Who are the executives of Hidalgo Foundation Of Bexar County Inc and what are their salaries?

The average compensation at Hidalgo Foundation Of Bexar County Inc during 2022 was $44,083. There is 1 employee and 4 volunteers at Hidalgo Foundation Of Bexar County Inc.


Here are 5 key members and their salaries:


Tracy Wolff (Pres./Exec. Dir)
  • Compensation: $44,083
  • Related: $0
  • Other: $0
Erin Barry (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunter Woolfolk (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Kelley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Carter (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bexar.org/hidalgo

Where can I find the form 990 for Hidalgo Foundation Of Bexar County Inc?

Hidalgo Foundation Of Bexar County Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bexar.org/hidalgo

Learn more at the official website: www.bexar.org/hidalgo

Mission Statement of Hidalgo Foundation Of Bexar County Inc

The Hidalgo Foundation of Bexar County Inc is a nonprofit organization that is dedicated to serving the charitable, literary, historical, and educational needs of Bexar County, Texas. Their mission is focused on making a positive impact in various areas, benefiting the community as a whole. Notably, the foundation has made strides in enhancing literacy and education by funding the setup of the third branch of the county's first all-digital public library, known as Biblotech. This initiative aims to provide residents with easy access to a vast array of digital resources, fostering a love for learning and knowledge acquisition. The Hidalgo Foundation of Bexar County Inc continues to work towards its mission, contributing to the betterment of Bexar County in various ways.

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Impact




October, 2024

Hidalgo Foundation of Bexar County Inc significantly enhances the cultural and educational landscape of Bexar County, Texas, by focusing on charitable, literary, historical, and educational initiatives. One of its hallmark achievements is the development of Bexar County's first all-digital public library, known as BiblioTech. This innovative venture provides the community with access to a wealth of digital resources, democratizing knowledge and fostering lifelong learning. By supporting such initiatives, the foundation plays a crucial role in advancing literacy, preserving local history, and promoting arts and culture, ultimately enriching the lives of residents in San Antonio and beyond.




This information is meant to be a general summary of Hidalgo Foundation Of Bexar County 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.

Revenue
$130,334 (2022)
Expenses
$723,738 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $130,334

Assets and Liabilities:

  • Total Assets: $1,852,816
  • Total Liabilities: $955
  • Net Assets: $1,851,861

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Organization Details

Founding Year

2001

Principal Officer

Tracy Wolff

Main Address

101 W NUEVA STREET 1019, SA ANTONIO, TX, 78205

NTEE Category

Code: A80 - Arts

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