HACEMOS SCHOLARSHIP FOUNDATION

EIN: 752532590 501(c)(3) Youth Development

ELGIN, IL

Total Revenue
$404,303
Total Expenses
$452,211
Total Assets
$746,773
Net Assets
$746,773
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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
1988
Legal Domicile
IL
Principal Officer
ANNA GARCIA
Phone
4043455348
Tax Period
2020-07-01 to 2021-06-30

HACEMOS SCHOLARSHIP FOUNDATION, founded in 1988, is a small nonprofit in the Youth Development sector that reported $404K in total revenue in fiscal year 2020. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $452K exceeded revenue, resulting in a 12% operating deficit.

Mission

To foster an environment where people support and encourage each other to succeed professionally, personally, and in the community.

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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 (2020)

Revenue Breakdown

Contributions & Grants $404,145
Program Service Revenue $0
Investment Income $158
Other Revenue $0
TOTAL REVENUE $404,303

Expense Breakdown

Grants Paid $367,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $426,698
Other Expenses $85,211
TOTAL EXPENSES $452,211

Year-over-Year Comparison

2020 2019 Change
Revenue $404,303 $290,919 +0.4%
Expenses $452,211 $425,357 +0.1%
Net Income $-47,908 $-134,438 -0.6%
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
13
Independent Members
13
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
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNA GARCIA PRESIDENT 2
Director
$0 $0 $0
DAWN CORDERO EVP-OPERATIONS 2
Director
$0 $0 $0
MARKO POPOVIC EVP-FINANCE 2
Director
$0 $0 $0
DAVID BAZAN EVP-COMMINICATION 2
Director
$0 $0 $0
YOLANDA AGUIRRE EVP-MEMBERSHIP 2
Director
$0 $0 $0
MARTHA ALDACO EVP-PROFESSIONAL DEVELOPMENT 2
Director
$0 $0 $0
JOMO CASTRO EVP-EXTERNAL LIASON 2
Director
$0 $0 $0
PATRICIA GONZALEZ EVP-HISTORIAN 2
Director
$0 $0 $0
CELESTE CARRASCO REGIONAL PRESIDENT-EAST 2
Director
$0 $0 $0
JAVIER PALACIOS REGIONAL PRESIDENT-SOUTHWEST 2
Director
$0 $0 $0
HORACIO CALCAGNO REGIONAL PRESIDENT-WEST 2
Director
$0 $0 $0
KRISTIAN COSME REGIONAL PRESIDENT-SOUTHEAST 2
Director
$0 $0 $0
RUDY SADKOWSKI REGIONAL PRESIDENT-MIDWEST 2
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
2021 $404,303 $452,211 $746,773 $-47,908
2020 $290,919 $425,357 $794,681 $-134,438
2019 $621,514 $392,072 $930,277 $229,442
2018 $254,493 $237,304 $692,015 $17,189
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