HISPANIC EDUCATIONAL TECHNOLOGY SERVICES INC

EIN: 521860470 501(c)(3) Education

SAN JUAN, PR

Total Revenue
$367,053
Total Expenses
$359,124
Total Assets
$348,349
Net Assets
$80,683
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
PR
Principal Officer
YUBELKYS MONTALVO
Phone
7872501912
Tax Period
2024-07-01 to 2025-06-30

HISPANIC EDUCATIONAL TECHNOLOGY SERVICES INC, founded in 1993, is a small nonprofit in the Education sector that reported $367K in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum.

Mission

To support and increase the capabilities of its member institutions to enhance Hispanic/Latino student success in Higher Education through the strategic and efficient use of technology.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $326,103
Program Service Revenue $40,950
Investment Income $0
Other Revenue $0
TOTAL REVENUE $367,053

Expense Breakdown

Grants Paid $0
Salaries & Benefits $110,934
Fundraising Expenses $0
Program Expenses $176,038
Other Expenses $248,190
TOTAL EXPENSES $359,124

Year-over-Year Comparison

2024 2023 Change
Revenue $367,053 $251,095 +0.5%
Expenses $359,124 $274,853 +0.3%
Net Income $7,929 $-23,758 -1.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
42
Independent Members
42
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
5
$72,665
Key Employees
1
$72,665
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YUBELKYS MONTALVO EXECUTIVE DIRECTOR 40
Director Key Emp
$72,665 $0 $72,665
DR OLGA RIVERA VICE CHAIR 1.00
Director
$0 $0 $0
DR CARLOS MORALES CHAIRMAN 1
Director
$0 $0 $0
GLADYS NIEVES TREASURER 1
Director
$0 $0 $0
DR CARLOS VARGAS-ABURTO SECRETARY 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $367,053 $359,124 $348,349 $7,929
2024 No data No data No data No data
2023 $255,749 $258,861 $161,661 $-3,112
2022 $285,877 $237,554 $139,175 $48,323
2021 $222,780 $210,668 $92,515 $12,112
2020 $237,238 $231,709 $91,474 $5,529
2019 $226,677 $229,952 $77,555 $-3,275
2018 $226,047 $241,112 $88,025 $-15,065
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