Civic Intelligence

Hispanic Foundation of Silicon Valley

990 • Fiscal year 2011 • EIN 77-0481921

Jan 01, 2011 to Dec 31, 2011 • Filed on Jul 26, 2012

1922 The Alameda No 21795126
Siviq Scores

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

Liabilities / Assets

49th percentile

0.05x

Higher debt load relative to assets than 49% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

40th percentile

-2.0%

Faster asset growth than 40% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$365,518

Down $7,312 (-2.0%) from 2010

Net Assets

Up

$345,998

Up $3,028 (+0.9%) from 2010

Liabilities

Down

$19,520

Down $10,340 (-35%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$449,453

Up $14,990 (+3.5%) from 2010

Net Income

-

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.

$6.0M$4.0M$2.0M$0Assets 2010: $372,830Liabilities 2010: $29,860Net Assets 2010: $342,9702010Assets 2011: $365,518Liabilities 2011: $19,520Net Assets 2011: $345,9982011Assets 2012: $320,446Liabilities 2012: $23,863Net Assets 2012: $296,5832012Assets 2013: $340,471Liabilities 2013: $23,019Net Assets 2013: $317,4522013Assets 2014: $339,990Liabilities 2014: $22,318Net Assets 2014: $317,6722014Assets 2015: $1,013,807Liabilities 2015: $23,042Net Assets 2015: $990,7652015Assets 2016: $2,250,527Liabilities 2016: $41,094Net Assets 2016: $2,209,4332016Assets 2017: $2,864,143Liabilities 2017: $84,334Net Assets 2017: $2,779,8092017Assets 2018: $3,237,221Liabilities 2018: $47,220Net Assets 2018: $3,190,0012018Assets 2019: $3,883,694Liabilities 2019: $95,546Net Assets 2019: $3,788,1482019Assets 2020: $3,926,024Liabilities 2020: $207,894Net Assets 2020: $3,718,1302020Assets 2021: $3,474,108Liabilities 2021: $87,850Net Assets 2021: $3,386,2582021Assets 2022: $5,468,176Liabilities 2022: $423,151Net Assets 2022: $5,045,0252022Assets 2023: $4,856,943Liabilities 2023: $391,505Net Assets 2023: $4,465,4382023Assets 2024: $4,521,462Liabilities 2024: $326,797Net Assets 2024: $4,194,6652024

Highlighted filing

2011

Assets$365,518
Liabilities$19,520
Net Assets$345,998

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $434,4632010Expenses 2011: $449,4532011Expenses 2012: $539,9572012Revenue 2013: $585,026Expenses 2013: $573,857Net Income 2013: $11,1692013Revenue 2014: $623,684Expenses 2014: $618,601Net Income 2014: $5,0832014Revenue 2015: $1,305,774Expenses 2015: $628,243Net Income 2015: $677,5312015Revenue 2016: $2,438,381Expenses 2016: $1,162,144Net Income 2016: $1,276,2372016Revenue 2017: $2,180,648Expenses 2017: $1,617,825Net Income 2017: $562,8232017Revenue 2018: $2,466,366Expenses 2018: $2,039,899Net Income 2018: $426,4672018Revenue 2019: $2,196,491Expenses 2019: $1,608,998Net Income 2019: $587,4932019Revenue 2020: $2,497,106Expenses 2020: $2,590,184Net Income 2020: -$93,0782020Revenue 2021: $2,458,530Expenses 2021: $2,809,605Net Income 2021: -$351,0752021Revenue 2022: $3,338,839Expenses 2022: $1,680,071Net Income 2022: $1,658,7682022Revenue 2023: $1,275,022Expenses 2023: $1,854,611Net Income 2023: -$579,5892023Revenue 2024: $2,146,969Expenses 2024: $2,806,161Net Income 2024: -$659,1922024

Highlighted filing

2011

Revenue-
Expenses$449,453
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Jul 26, 2012
Return Version
2011v1.2
Gross Receipts
$612,139
Mission and Program Overview

Mission

The hispanic foundation of silicon valley is a public foundation dedicated to inspiring community philanthropy and engaging people to invest in the educational achievement, leadership development, research, and convening and engaging the hispanic community to improve the quality of life for latinos and the silicon valley region.

Major Activities

Activity 2
Education excellence fund the issues affecting hispanic student achievement are well chronicled, including the lack of quality affordable pre-school education, low english reading comprehension, lack of role models, and low enrollment in high school math and science courses needed for college. These are just a few of the factors contributing low numbers of hispanics pursuing hi-tech careers. San jose is the nation's tenth largest city, and we pride ourselves as the "capital of silicon valley." the hispanic population of silicon valley is close to 30%, yet our representation in the ranks of local hi-tech firms is far below that level.the foundation strongly believes that the future of our hispanic community in silicon valley, california, and the nation depends on the current generation of students being more successful in the science, technology, engineering, and mathematics (stem) curriculum. To this end we are pursuing partnerships with other foundations, corporations, and business, education and community leaders to address the enrollment and graduation rates of hispanic students in these fields. The hfsv and its partners, silicon valley education foundation (svef) and alearn sponsored a summer program titled stepping up to algebra (suta) and map acceleration program (map). This summer program was for 4 hours/day for 4 weeks and served over 1,500 students in 15 school districts. Additionally, the hfsv launched a year round program titled the algebra review program (arp). The arp is 3 hour program that serves 500 students on two saturdays each month.about 2,000 people benefited from this program.
Activity 3
Latino board leadership academy hispanic philanthropy is driven by a sense of connection to la comunidad- a network of friends, neighbors, and the broader hispanic community. A study conducted by the hispanic foundation found latinos greatly under-report their volunteer activity. For hispanics who volunteered, the number of hours spent volunteering each month was highest among all ethnic groups studied. However, latinos do not yet have a leadership role in the region's nonprofit and philanthropic sectors. To address the leadership gap and to better understand the level of latino board leadership needs of silicon valley nonprofits, hfsv has been working with professional associations and nonprofit leaders. While 85% of organizations who participated in a survey indicated that their organizations want greater hispanic representation on their boards, 65% reported difficulty in recruiting from this segment of the population. Working with its partners the hfsv has developed the latino board leadership academy (lbla), a comprehensive program designed to recruit and train latinos to serve as potential board members, and match them with boards of non-profit organizations whose missions best match their personal interests. The focus on latino professionals, combined with the purposeful implementation of comprehensive follow-up, differentiates the lbla from other community leadership development initiatives. Hfsv's partners include compasspoint, the center for excellence in nonprofits, and the health trust. The lbla graduated its first class of senior fellows in june, 2011.about 60 people benefited from this program.
Filing and Contact Details

Filer

EIN
77-0481921
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IRS990/Activity2/Description0EDUCATION EXCELLENCE FUND THE ISSUES AFFECTING HISPANIC STUDENT ACHIEVEMENT ARE WELL CHRONICLED, INCLUDING THE LACK OF QUALITY AFFORDABLE PRE-SCHOOL EDUCATION, LOW ENGLISH READING COMPREHENSION, LACK OF ROLE MODELS, AND LOW ENROLLMENT IN HIGH SCHOOL MATH AND SCIENCE COURSES NEEDED FOR COLLEGE. THESE ARE JUST A FEW OF THE FACTORS CONTRIBUTING LOW NUMBERS OF HISPANICS PURSUING HI-TECH CAREERS. SAN JOSE IS THE NATION'S TENTH LARGEST CITY, AND WE PRIDE OURSELVES AS THE "CAPITAL OF SILICON VALLEY." THE HISPANIC POPULATION OF SILICON VALLEY IS CLOSE TO 30%, YET OUR REPRESENTATION IN THE RANKS OF LOCAL HI-TECH FIRMS IS FAR BELOW THAT LEVEL.THE FOUNDATION STRONGLY BELIEVES THAT THE FUTURE OF OUR HISPANIC COMMUNITY IN SILICON VALLEY, CALIFORNIA, AND THE NATION DEPENDS ON THE CURRENT GENERATION OF STUDENTS BEING MORE SUCCESSFUL IN THE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM) CURRICULUM. TO THIS END WE ARE PURSUING PARTNERSHIPS WITH OTHER FOUNDATIONS, CORPORATIONS, AND BUSINESS, EDUCATION AND COMMUNITY LEADERS TO ADDRESS THE ENROLLMENT AND GRADUATION RATES OF HISPANIC STUDENTS IN THESE FIELDS. THE HFSV AND ITS PARTNERS, SILICON VALLEY EDUCATION FOUNDATION (SVEF) AND ALEARN SPONSORED A SUMMER PROGRAM TITLED STEPPING UP TO ALGEBRA (SUTA) AND MAP ACCELERATION PROGRAM (MAP). THIS SUMMER PROGRAM WAS FOR 4 HOURS/DAY FOR 4 WEEKS AND SERVED OVER 1,500 STUDENTS IN 15 SCHOOL DISTRICTS. ADDITIONALLY, THE HFSV LAUNCHED A YEAR ROUND PROGRAM TITLED THE ALGEBRA REVIEW PROGRAM (ARP). THE ARP IS 3 HOUR PROGRAM THAT SERVES 500 STUDENTS ON TWO SATURDAYS EACH MONTH.ABOUT 2,000 PEOPLE BENEFITED FROM THIS PROGRAM.
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IRS990/Activity3/Description0LATINO BOARD LEADERSHIP ACADEMY HISPANIC PHILANTHROPY IS DRIVEN BY A SENSE OF CONNECTION TO LA COMUNIDAD- A NETWORK OF FRIENDS, NEIGHBORS, AND THE BROADER HISPANIC COMMUNITY. A STUDY CONDUCTED BY THE HISPANIC FOUNDATION FOUND LATINOS GREATLY UNDER-REPORT THEIR VOLUNTEER ACTIVITY. FOR HISPANICS WHO VOLUNTEERED, THE NUMBER OF HOURS SPENT VOLUNTEERING EACH MONTH WAS HIGHEST AMONG ALL ETHNIC GROUPS STUDIED. HOWEVER, LATINOS DO NOT YET HAVE A LEADERSHIP ROLE IN THE REGION'S NONPROFIT AND PHILANTHROPIC SECTORS. TO ADDRESS THE LEADERSHIP GAP AND TO BETTER UNDERSTAND THE LEVEL OF LATINO BOARD LEADERSHIP NEEDS OF SILICON VALLEY NONPROFITS, HFSV HAS BEEN WORKING WITH PROFESSIONAL ASSOCIATIONS AND NONPROFIT LEADERS. WHILE 85% OF ORGANIZATIONS WHO PARTICIPATED IN A SURVEY INDICATED THAT THEIR ORGANIZATIONS WANT GREATER HISPANIC REPRESENTATION ON THEIR BOARDS, 65% REPORTED DIFFICULTY IN RECRUITING FROM THIS SEGMENT OF THE POPULATION. WORKING WITH ITS PARTNERS THE HFSV HAS DEVELOPED THE LATINO BOARD LEADERSHIP ACADEMY (LBLA), A COMPREHENSIVE PROGRAM DESIGNED TO RECRUIT AND TRAIN LATINOS TO SERVE AS POTENTIAL BOARD MEMBERS, AND MATCH THEM WITH BOARDS OF NON-PROFIT ORGANIZATIONS WHOSE MISSIONS BEST MATCH THEIR PERSONAL INTERESTS. THE FOCUS ON LATINO PROFESSIONALS, COMBINED WITH THE PURPOSEFUL IMPLEMENTATION OF COMPREHENSIVE FOLLOW-UP, DIFFERENTIATES THE LBLA FROM OTHER COMMUNITY LEADERSHIP DEVELOPMENT INITIATIVES. HFSV'S PARTNERS INCLUDE COMPASSPOINT, THE CENTER FOR EXCELLENCE IN NONPROFITS, AND THE HEALTH TRUST. THE LBLA GRADUATED ITS FIRST CLASS OF SENIOR FELLOWS IN JUNE, 2011.ABOUT 60 PEOPLE BENEFITED FROM THIS PROGRAM.
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IRS990/ActivityOrMissionDescription0INVESTING IN THE HEALTH, EDUCATION & LEADERSHIP OF THE HISPANIC COMMUNITY IN SILICON VALLEY.
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IRS990/Description0SILICON VALLEY LATINO REPORT CARDON MARCH 18, 2011, THE HISPANIC FOUNDATION OF SILICON VALLEY RELEASED THE FIRST SILICON VALLEY LATINO REPORT CARD TO A GATHERING OF OVER 300 COMMUNITY LEADERS WHO STOOD READY TO GO TO WORK. THE LATINO REPORT CARD WAS COMPILED FROM EXISTING AND ORIGINAL RESEARCH AND GRADES FIVE QUALITY OF LIFE AREAS FOR LATINOS - EDUCATION, HEALTH, FINANCIAL STABILITY, HOUSING AND ENVIRONMENTAL SUSTAINABILITY.THE RELEASE OF THE RESEARCH AND THE COMMUNITY GATHERING BUILT AROUND IT, COME ON THE HEELS OF THE RELEASE OF 2010 U.S. CENSUS DATA THAT SHOWED A LATINO POPULATION OF 661,000 IN SANTA CLARA AND SAN MATEO COUNTIES, TOTALING 26% OF THE POPULATION OF SILICON VALLEY. TODAY, ONE IN FOUR PEOPLE LIVING IN SILICON VALLEY ARE LATINO AND IN JUST THIRTY YEARS, LATINOS WILL BE THE REGION'S LARGEST POPULATION GROUP. THE SILICON VALLEY LATINO REPORT CARD IS THE FIRST DOCUMENT TO PROVIDE A "BASELINE" OF INFORMATION ABOUT THE QUALITY OF LIFE FOR LATINOS IN SILICON VALLEY. THESE RESULTS MUST NOW INSPIRE ENGAGEMENT AND FUEL ACTION TOWARDS THE WELL-BEING OF LATINOS AND ALL SILICON VALLEY RESIDENTS. THE TOP-LINE RESULTS OF THE FIRST EVER SILICON VALLEY LATINO REPORT CARD WERE GIVEN LETTER GRADES A THROUGH F. HOWEVER, UNDER EACH GRADE, THE REPORT PROVIDES SUB-GRADES ON INDIVIDUAL ASPECTS OF EACH TOPIC. THE REPORT CARD ALSO CHOOSES AN ELEMENT TO "SPOTLIGHT" UNDER EACH TOPIC -DRAWING ATTENTION TO ISSUES THAT ARE NOT TYPICALLY DISCUSSED IN RELATION TO LATINOS, BUT ARE IMPORTANT TO THEIR WELL-BEING.ABOUT 500 PEOPLE BENEFITED FROM THIS PROGRAM.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.52$0.33$4.19$2.15$2.81$0.66
2023Detailed filing. Detailed filing data is available for this year.$4.86$0.39$4.47$1.28$1.85$0.58
2022Detailed filing. Detailed filing data is available for this year.$5.47$0.42$5.05$3.34$1.68$1.66
2021Detailed filing. Detailed filing data is available for this year.$3.47$0.09$3.39$2.46$2.81$0.35
2020Detailed filing. Detailed filing data is available for this year.$3.93$0.21$3.72$2.50$2.59$0.09
2019Detailed filing. Detailed filing data is available for this year.$3.88$0.10$3.79$2.20$1.61$0.59
2018Detailed filing. Detailed filing data is available for this year.$3.24$0.05$3.19$2.47$2.04$0.43
2017Detailed filing. Detailed filing data is available for this year.$2.86$0.08$2.78$2.18$1.62$0.56
2016Detailed filing. Detailed filing data is available for this year.$2.25$0.04$2.21$2.44$1.16$1.28
2015Detailed filing. Detailed filing data is available for this year.$1.01$0.02$0.99$1.31$0.63$0.68
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.02$0.32$0.62$0.62$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.34$0.02$0.32$0.59$0.57$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.02$0.30$0.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.02$0.35$0.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.03$0.34$0.43