Liabilities / Assets
30th percentile
Higher debt load relative to assets than 30% of similar nonprofits.
990 • Fiscal year 2014 • EIN 39-1522543
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
30th percentile
Higher debt load relative to assets than 30% of similar nonprofits.
Liabilities / Revenue
21st percentile
Higher debt load relative to revenue than 21% of similar nonprofits.
Net Margin
26th percentile
Higher net margin than 26% of similar nonprofits.
Top Officer Pay
34th percentile
Higher top officer pay than 34% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
67th percentile
Faster revenue growth than 67% of similar nonprofits.
Assets
Down$974,091
Down $83,895 (-7.9%) from 2013
Net Assets
Down$954,221
Down $100,431 (-9.5%) from 2013
Liabilities
Up$19,870
Up $16,536 (+496%) from 2013
Revenue
Up$1,777,182
Up $194,819 (+12%) from 2013
Expenses
Up$1,878,313
Up $307,674 (+20%) from 2013
Net Income
Down-$101,131
Down $112,855 (-963%) from 2013
Our mission provides a cultural and educational environment to enhance and improve academic success of the hispanic community while promoting a better understanding of the arts, history, literature and perpetuation of hispanic culture. Wisconsin hispanic scholarship foundation assists in opening opportunities for advancement in the quality of life among hispanics. Year-round activities of the wisconsin hispanic scholarship foundation (whsf) serve as a vehicle by which to provide, enhance and understand the cultural, educational, artistic, economic development and literary environment of the hispanic community in the metro milwaukee area, as well as throughout the state and the country. Whsf stages an annual three day festival (mexican fiesta) on the lakefront summerfest grounds each august, an event undertaken by the organization's army of 2,000 volunteers and attended by at least 113,000 festgoers. Anchoring the grounds, is the huge cultural village with artisans, vendors, and exhibit
Our mission provides a cultural and educational environment to enhance and improve academic success of the hispanic community while promoting a better understanding of the arts, history, literature and perpetuation of hispanic culture. Wisconsin hispanic scholarship foundation assists in opening opportunities for advancement of the quality of life among hispanics. Year-round activities of the wisconsin hispanic scholarship foundation (whsf) serve as a vehicle by which to provide, enhance and understand the cultural, educational, artistic, economic development and literary environment of the hispanic community in the metro milwaukee area, as well as throughout the state and the country. Whsf stages an annual three day festival (mexican fiesta) on the lakefront summerfest grounds each august, an event undertaken by the organization's army of 1,000 volunteers and attended by as many as 75,000 festgoers. Anchoring the grounds, is the huge cultural village with artisans, vendors, and exhibi
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $699,415 | $681,223 | ▼ $18,192 |
| Cash and Non-Interest-Bearing Accounts | $220,122 | $190,027 | ▼ $30,095 |
| Savings and Temporary Cash Investments | $101,444 | $73,464 | ▼ $27,980 |
| Accounts Receivable | $36,334 | $29,377 | ▼ $6,957 |
| Prepaid Expenses and Deferred Charges | $671 | - | - |
| Total Assets | $1,057,986 | $974,091 | ▼ $83,895 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $3,334 | $19,870 | ▲ $16,536 |
| Total Liabilities | $3,334 | $19,870 | ▲ $16,536 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $1,054,652 | $954,221 | ▼ $100,431 |
| Total Net Assets Fund Balance | $1,054,652 | $954,221 | ▼ $100,431 |
| Total Liabilities and Net Assets / Fund Balance | $1,057,986 | $974,091 | ▼ $83,895 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $541,225 | $66,193 | $607,418 |
| Land | $119,805 | - | $119,805 |
| Equipment | $11,775 | $29,693 | $41,468 |
| Leasehold Improvements | $7,104 | $346 | $7,450 |
| Other Land Buildings | $1,314 | $5,602 | $6,916 |
| Name | Title |
|---|---|
| Ruben Burgos | President |
| Asael Ruiz | Trustee |
| Darryl Morin | Trustee |
| Diana Moreno | Trustee |
| Frank Gonzalez | Trustee |
| Julio Guix | Trustee |
| Julio Maldonado | Trustee |
| Lupe Martinez | Trustee |
| Marjorie Cervera | Trustee |
| Oscar Cervera | Trustee |
| Ray Balcazo | Trustee |
| Tony Guajardo | Trustee |
| Woody Welch | Trustee |
| Gregorio Montoto | 1st Vice Pre |
| Ricardo Ruiz | 2nd Vice Pre |
| Jason Hyland | Honorary Boa |
| Luis Gonzales | Honorary Boa |
| Arturo Martinez | Secretary |
| Ernesto Baca | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,691,419 |
| Salaries, Compensation, and Employee Benefits | $148,801 |
| Grants and Similar Amounts Paid | $38,093 |
| Total Fundraising Expense | $14,866 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| All Other Expenses | $143,830 | $12,667 | - | $156,497 |
| Other Salaries and Wages | $108,240 | $13,680 | $13,530 | $135,450 |
| Occupancy | $69,814 | $21,786 | - | $91,600 |
| Advertising | $46,849 | - | - | $46,849 |
| Other Expenses | $46,260 | - | - | $46,260 |
| Grants to Domestic Individuals | $38,093 | - | - | $38,093 |
| Insurance | $31,445 | - | - | $31,445 |
| Office Expenses | $5,274 | $22,742 | - | $28,016 |
| Depreciation Depletion | $202 | $19,506 | - | $19,708 |
| Payroll Taxes | $8,280 | $1,035 | $1,036 | $10,351 |
| Pension Plan Contributions | $2,400 | $300 | $300 | $3,000 |
| Fees for Services Accounting | - | $2,500 | - | $2,500 |
| Conferences and Meetings | $2,081 | - | - | $2,081 |
| Travel | $677 | - | - | $677 |
| Total Functional Expenses | $1,769,231 | $94,216 | $14,866 | $1,878,313 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $29,834 |
| Fundraising Direct Expenses | $15,409 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf Tournament | $25,625 | $25,625 | $14,026 | $11,599 |
| Total Events | $25,625 | $25,625 | $14,026 | $11,599 |
“Oscar cervera oscar cervera board member board member spouse is a board member marjorie cervera marjorie cervera board member board member spouse is a board member asael ruiz asael ruiz board member board member son is a board member ricardo ruiz ricardo ruiz board member board member father is a board member”
“The form 990 is given in draft format to the executive director, who then presents it to the board of directors. One of the officers signs the form 8879-eo for efiling.”
“Board approves of executive director's compensation. Elected officers of the corporation shall not receive compensation for serving as officers. However, officers may receive reimbursement for reasonable expenses incurred in connection with corporate matters, provided that such reimbursement is authorized by the affirmative vote of a majority of directors at a meeting of the board of directors at which a quorum is present.”
“A written request for financial statements may be submitted to the organization to the address listed on the first page of this return. The organization's filed 990s are available on guidestar.org.”
“Our mission provides a cultural and educational environment to enhance and improve academic success of the hispanic community while promoting a better understanding of the arts, history, literature and perpetuation of hispanic culture. Wisconsin hispanic scholarship foundation assists in opening opportunities for advancement of the quality of life among hispanics. Year-round activities of the wisconsin hispanic scholarship foundation (whsf) serve as a vehicle by which to provide, enhance and understand the cultural, educational, artistic, economic development and literary environment of the hispanic community in the metro milwaukee area, as well as throughout the state and the country. Whsf stages an annual three day festival (mexican fiesta) on the lakefront summerfest grounds each august, an event undertaken by the organization's army of 1,000 volunteers and attended by as many as 75,000 festgoers. Anchoring the grounds, is the huge cultural village with artisans, vendors, and exhibitors from mexico and another countries, as well as educational forums. As many as 600 musical & dance participants from mexico, south america and throughout the united states are a major attraction. Ethnicity plays a key role also with an array of mexican food and beverages from as many as 100 vendors. Nearly 100 vendors fill a market square and among the many attractions are a children's area, a unique car show, and amusement rides. To meet the needs of a large festival audience, there is a social service resource center. Most importantly, a number of beverage tents are staffed by local community non-profit organizations, providing an economic staple to these valued entities. Critically important is whsf's ongoing work with the mexican embassy in chicago. Several times a year, our offices provide the setting for valued consular activities such as provision of mexican id (matriculas) and passports, as well as important informational activities for local residents who might otherwise have to travel to illinois. Also, crucial to our foundation, is to confront public health issues that affect our community, this is why our foundation years ago made the decision to develop the "fiesta walk" with the objectives to create and maximize public awareness of the devastating effects of obesity and diabetes and secondly, to encourage positive prevention strategies, especially to those that will enable families to lead a significantly better healthy life style. Tradition plays a key role in our endeavors also. Each january, the whsf hosts a day of epiphany which finds young people enjoying light snacks, music and cultural entertainment, plus special gifts. Up to 800 have attended this event. Outreach to families is an essential element of whsf's agenda and so an annual taco dinner is held each spring at a local public school. It's popularity increases each year because the feature is an all-you-can-eat dinner with all the trimmings. Especially attractive to large families with children, the dinner features entertaining dance, music, and cultural performances. The organization also understands the importance that sporting events play in bringing together members of the community, sponsors, vendors and individuals from various institutions throughout the metro area to raise scholarship funds for hispanic students. That is the reason for two summer golf tournaments, events which attract as many as 200 golfers. A milwaukee tradition is the annual holiday folk fair, a showcase for the city's many ethnic groups. Whsf is pleased to join with a myriad of cultures under one roof and celebrate the diversity of this great community. As many as 150 ethnic groups and cultures are represented at any one time. For whsf, education becomes a valued component of our existence. Deserving young men and women striving for higher education are the recipients of a scholarship awards program which has dispensed nearly 1,000,000 over the years to more than 700 students, fraternities,”
“All fundraising events, including the mexican fiesta, is staffed by volunteers. Also, scholarship recipients are required to volunteer for the fiesta.”
“An asset needed to be added to a prior year as it was not done in the general ledger.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 3334 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 19870 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 36334 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 29377 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | OUR MISSION PROVIDES A CULTURAL AND EDUCATIONAL ENVIRONMENT TO ENHANCE AND IMPROVE ACADEMIC SUCCESS OF THE HISPANIC COMMUNITY WHILE PROMOTING A BETTER UNDERSTANDING OF THE ARTS, HISTORY, LITERATURE AND PERPETUATION OF HISPANIC CULTURE. WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION ASSISTS IN OPENING OPPORTUNITIES FOR ADVANCEMENT OF THE QUALITY OF LIFE AMONG HISPANICS. YEAR-ROUND ACTIVITIES OF THE WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION (WHSF) SERVE AS A VEHICLE BY WHICH TO PROVIDE, ENHANCE AND UNDERSTAND THE CULTURAL, EDUCATIONAL, ARTISTIC, ECONOMIC DEVELOPMENT AND LITERARY ENVIRONMENT OF THE HISPANIC COMMUNITY IN THE METRO MILWAUKEE AREA, AS WELL AS THROUGHOUT THE STATE AND THE COUNTRY. WHSF STAGES AN ANNUAL THREE DAY FESTIVAL (MEXICAN FIESTA) ON THE LAKEFRONT SUMMERFEST GROUNDS EACH AUGUST, AN EVENT UNDERTAKEN BY THE ORGANIZATION'S ARMY OF 1,000 VOLUNTEERS AND ATTENDED BY AS MANY AS 75,000 FESTGOERS. ANCHORING THE GROUNDS, IS THE HUGE CULTURAL VILLAGE WITH ARTISANS, VENDORS, AND EXHIBI |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 46849 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 46849 |
| IRS990/AllOtherContributionsAmt | 0 | 36520 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 12667 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 143830 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 156497 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | TERESA MERCADO |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4143837066 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2997 S 20TH STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MILWAUKEE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 53215 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 220122 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 190027 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 2081 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 2081 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 36520 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 38093 |
| IRS990/CYInvestmentIncomeAmt | 0 | 7600 |
| IRS990/CYOtherExpensesAmt | 0 | 1691419 |
| IRS990/CYOtherRevenueAmt | 0 | 16962 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1716100 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -101131 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 148801 |
| IRS990/CYTotalExpensesAmt | 0 | 1878313 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 14866 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1777182 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 19506 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 202 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 19708 |
| IRS990/Desc | 0 | THE YEAR-ROUND ACTIVITIES OF THE WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION SERVE AS A VEHICLE BY WHICH TO PROVIDE, ENHANCE AND UNDERSTAND THE CULTURAL, EDUCATIONAL, ARTISTIC, ECONOMIC DEVELOPMENT AND LITERARY ENVIROMENT OF THE HISPANIC COMMUNITY IN THE METRO MILWAUKEE AREA, AS WELL AS THROUGH THE STATE AND THE COUNTRY. EDUCATION BECOMES A VALUED COMPONENT OF THE ORGANIZATION'S EXISTENCE, SO OUR 3-DAY CULTURAL FESTIVAL ALLOWS US TO PROVIDE A SCHOLARSHIP PROGRAM. SINCE ITS INCEPTION, THE ORGANIZATION HAS AWARDED OVER 1,000,000 IN ACADEMIC SCHOLARSHIPS. THESE SCHOLARSHIPS HAVE ALLOWED ASPIRING HISPANIC STUDENTS TO LIVE THEIR DREAMS OF FURTHERING THEIR EDUCATION. THIS YEAR, 54 STUDENTS RECEIVED SCHOLARSHIPS FROM OUR ORGANIZATION. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1769231 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2500 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2500 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MARJORIE CERVERA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JULIO GUIX |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | LUIS GONZALES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JASON HYLAND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ASAEL RUIZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DARRYL MORIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | DIANA MORENO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | WOODY WELCH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | OSCAR CERVERA |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | GREGORIO MONTOTO |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | HONORARY BOA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | HONORARY BOA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TRUSTEE |
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| IRS990/MissionDesc | 0 | OUR MISSION PROVIDES A CULTURAL AND EDUCATIONAL ENVIRONMENT TO ENHANCE AND IMPROVE ACADEMIC SUCCESS OF THE HISPANIC COMMUNITY WHILE PROMOTING A BETTER UNDERSTANDING OF THE ARTS, HISTORY, LITERATURE AND PERPETUATION OF HISPANIC CULTURE. WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION ASSISTS IN OPENING OPPORTUNITIES FOR ADVANCEMENT OF THE QUALITY OF LIFE AMONG HISPANICS. YEAR-ROUND ACTIVITIES OF THE WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION (WHSF) SERVE AS A VEHICLE BY WHICH TO PROVIDE, ENHANCE AND UNDERSTAND THE CULTURAL, EDUCATIONAL, ARTISTIC, ECONOMIC DEVELOPMENT AND LITERARY ENVIRONMENT OF THE HISPANIC COMMUNITY IN THE METRO MILWAUKEE AREA, AS WELL AS THROUGHOUT THE STATE AND THE COUNTRY. WHSF STAGES AN ANNUAL THREE DAY FESTIVAL (MEXICAN FIESTA) ON THE LAKEFRONT SUMMERFEST GROUNDS EACH AUGUST, AN EVENT UNDERTAKEN BY THE ORGANIZATION'S ARMY OF 1,000 VOLUNTEERS AND ATTENDED BY AS MANY AS 75,000 FESTGOERS. ANCHORING THE GROUNDS, IS THE HUGE CULTURAL VILLAGE WITH ARTISANS, VENDORS, AND EXHIBI |
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THERE IS A SCHOLARSHIP COMMITTEE THAT SELECTS THE SCHOLARSHIP RECIPIENTS. INFORMATION IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE TRAVEL ASSISTANCE ARE AMOUNTS GIVEN TO VOLUNTEERS THAT TRAVEL FROM MEXICO TO SUPPORT AND HELP MEXICAN FIESTA IMPROVE AND PRESERVE CULTURAL TRADITIONS. THE VOLUNTEER'S INTELLECTUAL CONTRIBUTION AND INPUT HAS SUPPORTED THE DIFFERENT AREAS OF THE MEXICAN FIESTA FESTIVAL, HELPING TO PROJECT AND DISPLAY MEXICAN CULTURE AND TRADITION TO THE WORLD. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE I, PAGE 1, PART I, LINE 2 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OUR MISSION PROVIDES A CULTURAL AND EDUCATIONAL ENVIRONMENT TO ENHANCE AND IMPROVE ACADEMIC SUCCESS OF THE HISPANIC COMMUNITY WHILE PROMOTING A BETTER UNDERSTANDING OF THE ARTS, HISTORY, LITERATURE AND PERPETUATION OF HISPANIC CULTURE. WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION ASSISTS IN OPENING OPPORTUNITIES FOR ADVANCEMENT OF THE QUALITY OF LIFE AMONG HISPANICS. YEAR-ROUND ACTIVITIES OF THE WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION (WHSF) SERVE AS A VEHICLE BY WHICH TO PROVIDE, ENHANCE AND UNDERSTAND THE CULTURAL, EDUCATIONAL, ARTISTIC, ECONOMIC DEVELOPMENT AND LITERARY ENVIRONMENT OF THE HISPANIC COMMUNITY IN THE METRO MILWAUKEE AREA, AS WELL AS THROUGHOUT THE STATE AND THE COUNTRY. WHSF STAGES AN ANNUAL THREE DAY FESTIVAL (MEXICAN FIESTA) ON THE LAKEFRONT SUMMERFEST GROUNDS EACH AUGUST, AN EVENT UNDERTAKEN BY THE ORGANIZATION'S ARMY OF 1,000 VOLUNTEERS AND ATTENDED BY AS MANY AS 75,000 FESTGOERS. ANCHORING THE GROUNDS, IS THE HUGE CULTURAL VILLAGE WITH ARTISANS, VENDORS, AND EXHIBITORS FROM MEXICO AND ANOTHER COUNTRIES, AS WELL AS EDUCATIONAL FORUMS. AS MANY AS 600 MUSICAL & DANCE PARTICIPANTS FROM MEXICO, SOUTH AMERICA AND THROUGHOUT THE UNITED STATES ARE A MAJOR ATTRACTION. ETHNICITY PLAYS A KEY ROLE ALSO WITH AN ARRAY OF MEXICAN FOOD AND BEVERAGES FROM AS MANY AS 100 VENDORS. NEARLY 100 VENDORS FILL A MARKET SQUARE AND AMONG THE MANY ATTRACTIONS ARE A CHILDREN'S AREA, A UNIQUE CAR SHOW, AND AMUSEMENT RIDES. TO MEET THE NEEDS OF A LARGE FESTIVAL AUDIENCE, THERE IS A SOCIAL SERVICE RESOURCE CENTER. MOST IMPORTANTLY, A NUMBER OF BEVERAGE TENTS ARE STAFFED BY LOCAL COMMUNITY NON-PROFIT ORGANIZATIONS, PROVIDING AN ECONOMIC STAPLE TO THESE VALUED ENTITIES. CRITICALLY IMPORTANT IS WHSF'S ONGOING WORK WITH THE MEXICAN EMBASSY IN CHICAGO. SEVERAL TIMES A YEAR, OUR OFFICES PROVIDE THE SETTING FOR VALUED CONSULAR ACTIVITIES SUCH AS PROVISION OF MEXICAN ID (MATRICULAS) AND PASSPORTS, AS WELL AS IMPORTANT INFORMATIONAL ACTIVITIES FOR LOCAL RESIDENTS WHO MIGHT OTHERWISE HAVE TO TRAVEL TO ILLINOIS. ALSO, CRUCIAL TO OUR FOUNDATION, IS TO CONFRONT PUBLIC HEALTH ISSUES THAT AFFECT OUR COMMUNITY, THIS IS WHY OUR FOUNDATION YEARS AGO MADE THE DECISION TO DEVELOP THE "FIESTA WALK" WITH THE OBJECTIVES TO CREATE AND MAXIMIZE PUBLIC AWARENESS OF THE DEVASTATING EFFECTS OF OBESITY AND DIABETES AND SECONDLY, TO ENCOURAGE POSITIVE PREVENTION STRATEGIES, ESPECIALLY TO THOSE THAT WILL ENABLE FAMILIES TO LEAD A SIGNIFICANTLY BETTER HEALTHY LIFE STYLE. TRADITION PLAYS A KEY ROLE IN OUR ENDEAVORS ALSO. EACH JANUARY, THE WHSF HOSTS A DAY OF EPIPHANY WHICH FINDS YOUNG PEOPLE ENJOYING LIGHT SNACKS, MUSIC AND CULTURAL ENTERTAINMENT, PLUS SPECIAL GIFTS. UP TO 800 HAVE ATTENDED THIS EVENT. OUTREACH TO FAMILIES IS AN ESSENTIAL ELEMENT OF WHSF'S AGENDA AND SO AN ANNUAL TACO DINNER IS HELD EACH SPRING AT A LOCAL PUBLIC SCHOOL. IT'S POPULARITY INCREASES EACH YEAR BECAUSE THE FEATURE IS AN ALL-YOU-CAN-EAT DINNER WITH ALL THE TRIMMINGS. ESPECIALLY ATTRACTIVE TO LARGE FAMILIES WITH CHILDREN, THE DINNER FEATURES ENTERTAINING DANCE, MUSIC, AND CULTURAL PERFORMANCES. THE ORGANIZATION ALSO UNDERSTANDS THE IMPORTANCE THAT SPORTING EVENTS PLAY IN BRINGING TOGETHER MEMBERS OF THE COMMUNITY, SPONSORS, VENDORS AND INDIVIDUALS FROM VARIOUS INSTITUTIONS THROUGHOUT THE METRO AREA TO RAISE SCHOLARSHIP FUNDS FOR HISPANIC STUDENTS. THAT IS THE REASON FOR TWO SUMMER GOLF TOURNAMENTS, EVENTS WHICH ATTRACT AS MANY AS 200 GOLFERS. A MILWAUKEE TRADITION IS THE ANNUAL HOLIDAY FOLK FAIR, A SHOWCASE FOR THE CITY'S MANY ETHNIC GROUPS. WHSF IS PLEASED TO JOIN WITH A MYRIAD OF CULTURES UNDER ONE ROOF AND CELEBRATE THE DIVERSITY OF THIS GREAT COMMUNITY. AS MANY AS 150 ETHNIC GROUPS AND CULTURES ARE REPRESENTED AT ANY ONE TIME. FOR WHSF, EDUCATION BECOMES A VALUED COMPONENT OF OUR EXISTENCE. DESERVING YOUNG MEN AND WOMEN STRIVING FOR HIGHER EDUCATION ARE THE RECIPIENTS OF A SCHOLARSHIP AWARDS PROGRAM WHICH HAS DISPENSED NEARLY 1,000,000 OVER THE YEARS TO MORE THAN 700 STUDENTS, FRATERNITIES, |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ALL FUNDRAISING EVENTS, INCLUDING THE MEXICAN FIESTA, IS STAFFED BY VOLUNTEERS. ALSO, SCHOLARSHIP RECIPIENTS ARE REQUIRED TO VOLUNTEER FOR THE FIESTA. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | OSCAR CERVERA OSCAR CERVERA BOARD MEMBER BOARD MEMBER SPOUSE IS A BOARD MEMBER MARJORIE CERVERA MARJORIE CERVERA BOARD MEMBER BOARD MEMBER SPOUSE IS A BOARD MEMBER ASAEL RUIZ ASAEL RUIZ BOARD MEMBER BOARD MEMBER SON IS A BOARD MEMBER RICARDO RUIZ RICARDO RUIZ BOARD MEMBER BOARD MEMBER FATHER IS A BOARD MEMBER |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FORM 990 IS GIVEN IN DRAFT FORMAT TO THE EXECUTIVE DIRECTOR, WHO THEN PRESENTS IT TO THE BOARD OF DIRECTORS. ONE OF THE OFFICERS SIGNS THE FORM 8879-EO FOR EFILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | BOARD APPROVES OF EXECUTIVE DIRECTOR'S COMPENSATION. ELECTED OFFICERS OF THE CORPORATION SHALL NOT RECEIVE COMPENSATION FOR SERVING AS OFFICERS. HOWEVER, OFFICERS MAY RECEIVE REIMBURSEMENT FOR REASONABLE EXPENSES INCURRED IN CONNECTION WITH CORPORATE MATTERS, PROVIDED THAT SUCH REIMBURSEMENT IS AUTHORIZED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF DIRECTORS AT A MEETING OF THE BOARD OF DIRECTORS AT WHICH A QUORUM IS PRESENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | A WRITTEN REQUEST FOR FINANCIAL STATEMENTS MAY BE SUBMITTED TO THE ORGANIZATION TO THE ADDRESS LISTED ON THE FIRST PAGE OF THIS RETURN. THE ORGANIZATION'S FILED 990S ARE AVAILABLE ON GUIDESTAR.ORG. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | AN ASSET NEEDED TO BE ADDED TO A PRIOR YEAR AS IT WAS NOT DONE IN THE GENERAL LEDGER. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 1, PART I, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.