HISPANIC FOUNDATION OF SILICON VALLEY Charity Report

Public IRS 990 nonprofit record

HISPANIC FOUNDATION OF SILICON VALLEY

EIN 77-0481921 · Community Improvement & Capacity Building N.E.C. (S99)

What they do

THE HISPANIC FOUNDATION of SILICON VALLEY is DEDICATED to EMPOWERING THE LIVES and FUTURES of LATINOS IN SILICON VALLEY THROUGH COMMUNITY PHILANTHROPY, INVESTMENT IN EDUCATIONAL EXCELLENCE, LEADERSHIP DEVELOPMENT, and THE CONVENING and ENGAGING of THE REGIONS DYNAMIC HISPANIC COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

99.60%of revenue went to mission work76.2% of expenses · Program services

14.54%of revenue went to fundraising11.1% of expenses

$130.70spent for every $100 of revenueSpending was higher than revenue this year.

16.56%of revenue went to management and office costs12.7% of expenses

$1.61in assets for every $1 spent this yearSome assets cannot be spent right away.

110.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $659,192 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $220,982 for RON GONZALES (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,146,969

Mission workProgram services$2,138,41199.60% of revenue76.2% of expenses

ManagementOffice and general costs$355,61116.56% of revenue12.7% of expenses

FundraisingAsking for donations$312,13914.54% of revenue11.1% of expenses

Total expenses$2,806,161130.70% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 76.2% mission · 12.7% management · 11.1% fundraisingTotal expenses: 130.70% of revenue

2022Expense mix: 65.1% mission · 13.4% management · 21.4% fundraisingTotal expenses: 50.32% of revenue

2021Expense mix: 82.1% mission · 5.3% management · 12.6% fundraisingTotal expenses: 114.28% of revenue

2020Expense mix: 81.4% mission · 5.9% management · 12.7% fundraisingTotal expenses: 103.73% of revenue

2019Expense mix: 70.6% mission · 9.3% management · 20.1% fundraisingTotal expenses: 73.25% of revenue

2018Expense mix: 79.3% mission · 7.3% management · 13.4% fundraisingTotal expenses: 82.71% of revenue

2017Expense mix: 80.5% mission · 8.3% management · 11.2% fundraisingTotal expenses: 74.19% of revenue

2016Expense mix: 79.2% mission · 7.5% management · 13.3% fundraisingTotal expenses: 47.66% of revenue

Money in and money out

Revenue$2,146,969

Expenses$2,806,161

Annual shortfall $659,192 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,138,411 · 76.2% of expenses

Management and office costs$355,611 · 12.7% of expenses

Fundraising$312,139 · 11.1% of expenses

See all reported dollar amounts

Revenue$2,146,969

Expenses$2,806,161

Assets$4,521,462

Income$2,553,380

Contributions$2,380,659

Mission work (program services)$2,138,411

Fundraising$312,139

Grants given$5,004,098

Average grant$556,011

Management and general$355,611

Executive compensation (total)$213,572

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RON GONZALESPRESIDENT & CEO · 40 hrs/week $220,982Base $209,634 · Other $11,348

CLARA ROACHIEF OPERATIONS AND DEVEL · 40 hrs/week $193,239Base $171,600 · Other $21,639

MARGARITA DEAVILAOPERATION MANAGER · 40 hrs/week $107,916

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

RON GONZALESPRESIDENT & CEO

CLARA ROACHIEF OPERATIONS AND DEVEL

MARGARITA DEAVILAOPERATION MANAGER

KATIA MCCLAINBOARD MEMBER

STUARDO ROBLES2ND VICE CHAIR

STEVEN MARTINEZBOARD TREASURER

STEPHEN ADAMSBOARD MEMBER

MICHAEL WALLACEBOARD MEMBER

MICHAEL ALVAREZ2ND VICE CHAIR

MEREDITH MANCHACK HALLBOARD MEMBER

LINDSEY NEWBERNBOARD MEMBER

KRISTINA NILSSONBOARD MEMBER

BEATRIZ MEDINA PRATTVICE CHAIR

JUAN CUEVABOARD MEMBER

JAVIER DIAZBOARD MEMBER

ISAURA GAETABOARD CHAIR

GABRIEL DE LA ROSABOARD MEMBER

FEDERICO GOMEZ SCHUMACHERBOARD MEMBER

DEBORAH TILSONBOARD MEMBER

CYNTHIA TENIENTE-MATSONBOARD MEMBER

CAROLYN HERZOGBOARD MEMBER

CARLOS BOHORQUEZBOARD MEMBER

About this charity

Recognized since: January 1998
Location: 1961 THE ALAMEDA, SAN JOSE, CA 95126
County: Santa Clara
In care of: RON GONZALES
Primary officer: RON GONZALES, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(408) 216-7643 Officer phone(408) 216-7612

Filing and classification

Latest tax year: 2023
Tax period began: July 1, 2023
Return type: 990
Tax preparer: BRYMAR CPA LLP
NTEE classification: Community Improvement & Capacity Building N.E.C. (S99)
IRS tax category: Community Improvement & Capacity Building N.E.C.
Grant-giving organization: Yes