Civic Intelligence

Mariachi Scholarship Foundation

990EZ • Fiscal year 2014 • EIN 33-0866851

Jan 01, 2014 to Dec 31, 2014 • Filed on Mar 10, 2016

1130 Fifth AvenueChula Vista, CA 91908

(619) 225-8916

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

4th percentile

-119%

Higher net margin than 4% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

81st percentile

$15,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 97.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$150,870

No earlier filing loaded for comparison.

Net Assets

$150,870

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$15,466

No earlier filing loaded for comparison.

Expenses

$33,812

No earlier filing loaded for comparison.

Net Income

-$18,346

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $150,870Net Assets 2014: $150,8702014Assets 2015: $146,990Net Assets 2015: $146,9902015Assets 2016: $158,546Net Assets 2016: $158,5462016Assets 2017: $205,217Net Assets 2017: $205,2172017Assets 2018: $238,292Net Assets 2018: $238,2922018Assets 2019: $221,586Net Assets 2019: $221,5862019Assets 2020: $206,254Net Assets 2020: $206,2542020Assets 2021: $3,487,005Liabilities 2021: $0Net Assets 2021: $3,487,0052021Assets 2022: $301,100Liabilities 2022: $0Net Assets 2022: $301,1002022Assets 2023: $326,262Liabilities 2023: $2Net Assets 2023: $326,2602023Assets 2024: $316,100Net Assets 2024: $316,1002024

Highlighted filing

2014

Assets$150,870
Liabilities-
Net Assets$150,870

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $15,466Expenses 2014: $33,812Net Income 2014: -$18,3462014Revenue 2015: $29,213Expenses 2015: $33,093Net Income 2015: -$3,8802015Revenue 2016: $49,088Expenses 2016: $42,782Net Income 2016: $6,3062016Revenue 2017: $77,367Expenses 2017: $30,696Net Income 2017: $46,6712017Revenue 2018: $58,995Expenses 2018: $25,920Net Income 2018: $33,0752018Revenue 2019: $15,691Expenses 2019: $32,397Net Income 2019: -$16,7062019Revenue 2020: $13,066Expenses 2020: $28,398Net Income 2020: -$15,3322020Revenue 2021: $3,302,424Expenses 2021: $21,673Net Income 2021: $3,280,7512021Revenue 2022: $198,337Expenses 2022: $216,677Net Income 2022: -$18,3402022Revenue 2023: $105,208Expenses 2023: $80,048Net Income 2023: $25,1602023Revenue 2024: $83,447Expenses 2024: $90,341Net Income 2024: -$6,8942024

Highlighted filing

2014

Revenue$15,466
Expenses$33,812
Net Income-$18,346
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Mar 10, 2016
Return Version
2014v6.0
Gross Receipts
$47,228
Mission and Program Overview

Mission

Founded with the vision of expanding the educational opportunities and enriching the lives of our children through participation in mariachi music, the Mariachi Scholarship Foundation has made an enormous, positive impact on the lives of thousands of students in San Diego County, while helping to transform our community into one of the most vibrant and important centers of mariachi music education in the nation. Research studies have shown that participation in music adds a powerful dimension to educationimproving academic performance and self-esteem, lowering dropout rates, providing positive after-school experiences to keep students inspiredand these benefits increase exponentially within the culturally-relevant and family-oriented world of mariachi music. By engaging students in mariachi music and by providing college scholarships, the Mariachi Scholarship Foundation works to create a unique, focused pipeline into higher education for San Diego County students.

Program Services

DescriptionGrantsExpenses
Founded with the vision of expanding the educational opportunities and enriching the lives of our children through participation in mariachi music, the Mariachi Scholarship Foundation has made an enormous, positive impact on the lives of thousands of students in San Diego County, while helping to transform our community into one of the most vibrant and important centers of mariachi music education in the nation.$5,000$22,950
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF NEVINDirector-$0$15,000$15,000
ROBERT GRIEGOPresident & CEO-$0--
SANDI SMITHTreasurer-$0--
MARIA TERESA GONZALEZVice President-$0--
ELBA LOIZADirector-$0--
EDWARD M BRAND EdDDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dia De Los Muertos Concert$40,107$40,107$10,917$29,190
Total Events$40,107$40,107$31,762$8,345
Filing and Contact Details

Filer

Filer Name
Mariachi Scholarship Foundation
EIN
33-0866851
Address
1130 FIFTH AVENUE, CHULA VISTA, CA 91908

Signing Officer

Name
Robert Griego
Title
President & CEO
Signed
2016-03-10
Discuss with paid preparer
Yes

Preparer

Firm
Joy Lynn Hochstein
Address
4335 NEWPORT AVE, SAN DIEGO, CA 92107-2919
Preparer
Joy Lynn Hochstein
Phone
6192258916
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $852

Other Expenses.1

SCHOLARSHIPS $22950

Other Expenses.2

SPONSORSHIP $5000

Other Expenses.3

OTHER EXPENSES $3636

Other Expenses.4

INSURANCE $2023

Other Expenses.6

PENALTY $67

Other Expenses.7

REFUND $-1232

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