Shenandoah Valley Scholars Latino Initiative Inc
Shenandoah Valley Scholars Latino Initiative Inc
EIN: 45-5560300
as of December 2022
as of December 12, 2022
Mission
Scholars Latino Initiative (SLI) supports Latino/a/x high school students with college access through rigorous academic challenge, leadership development, scholarships, and supportive mentorships.
Ruling year
2013
Managing Director
Stephania Cervantes
Main address
PO Box 1245
Harrisonburg, VA 22803 USA
EIN
45-5560300
Student services
Youth development
Population served
Children and youth
Adolescents
People of Latin American descent
NTEE code
Student Services and Organizations (B80)
Other Youth Development N.E.C. (O99)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
Reports and documents
Download annual reports Download other documentsWhat we aim to solve
Scholars Latino Initiative scholars are young people who experience unique circumstances as first-generation college students; as talented but often invisible individuals; as children from families that are disproportionately under resourced and disenfranchised; and as members of a growing population in Virginia and the U.S. that is underrepresented on college campuses.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
SLI scholars activities
IMPACT:
...143 scholars (42 current, 101 alumni)
...$368,000 awarded for college scholarships
...$78,000 awarded for computers
...$20,000+ in dual enrollment tuition assistance for scholars taking college courses while in high school
...SLI teachers and professors also help to connect scholars to additional funding opportunities; in 2019 alone, for example, graduating SLI scholars accepted nearly $960,000 in college awards and support grants.
...SLI scholars have attended 21 colleges and universities.
ACTIVITIES:
...Accepting new academic challenges and leadership responsibilities
...Developing personal statements and goals, evaluating careers and majors, applying for college admittance, and seeking financial aid; and
...Receiving friendship, social support and help for navigating the challenges that come with being a Latinx college-bound student.
Where we work
External reviews
Photos
Our results
How does this organization measure their results? It's a hard question but an important one.
Financial assistance SLI has awarded its scholars (scholarship awards, computer awards, dual enrollment tuition assistance)
This metric is no longer tracked.Totals By Year
Population(s) Served
People of Latin American descent
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Total since 2012
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Scholars Latino Initiative supports Latino/a/x high school students with college access through rigorous academic challenge, leadership development, scholarships, and supportive mentorships.
What are the organization's key strategies for making this happen?
Students who apply and are selected to be SLI scholars participate in various growth activities, such as:
Accepting new academic challenges and leadership responsibilities that empower their paths to higher education, with guidance from SLI high school teachers and university student mentors;
Developing personal statements and goals, evaluating careers and majors, applying for college admittance, and seeking financial aid, all with the help of faculty mentors; and
Receiving friendship, social support and help for navigating the challenges that come with being a Latinx college-bound student.
SLI scholars have also participated in college-level writing and analysis seminars taught by university faculty members, college-readiness programming, leadership and service partnerships with community organizations, and leadership and networking retreats held on university campuses.
In addition, SLI offers the following support:
Dual-enrollment course tuition assistance for eligible SLI scholars taking college courses while still in high school. These courses improve college readiness, enhance academic portfolios, and may reduce the number of credit hours needed in college;
SLI $1,000 computer awards that help eligible SLI scholars purchase the technology they need to start college;
SLI college scholarship awards of up to $5,000 that support eligible SLI scholars who are admitted to two- or four-year colleges; and
Help accessing additional scholarships and funding for college.
What are the organization's capabilities for doing this?
SLI programming is built on unique collaborations between high school teachers and university faculty and staff, who offer opportunities for rigorous academic challenge, leadership development, and mentorship.
What have they accomplished so far and what's next?
SLI has served more than 143 scholars since 2012, awarding more than $368,000 in SLI college scholarship awards and $78,000 in SLI computer awards to its graduating high school students, and more than $20,000 in tuition support for students to enroll in college dual enrollment courses while in high school.
SLI teachers and professors also help to connect scholars to additional funding opportunities; in 2019 alone, graduating SLI scholars accepted nearly $960,000 in college awards and support grants.
SLI scholars have attended:
Blue Ridge Community College
Bridgewater College
Eastern Mennonite University
Eastern Nazarene College
George Mason University
Harvard University
James Madison University
Lord Fairfax Community College
Northern Virginia Community College
Old Dominion University
Randolph-Macon College
Reynolds Community College
Shenandoah University
Tidewater Community College
University of Pittsburgh
University of Richmond
University of Virginia
Virginia Commonwealth University
Virginia Tech
Virginia Union University
The College of William & Mary
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
-
Who are the people you serve with your mission?
Latinx high school students
-
How is your organization collecting feedback from the people you serve?
Group and individual conversations,
-
How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals,
-
With whom is the organization sharing feedback?
Our staff, Our board,
-
Which of the following feedback practices does your organization routinely carry out?
We aim to collect feedback from as many people we serve as possible,
-
What challenges does the organization face when collecting feedback?
We don't have any major challenges to collecting feedback,
Financials
Revenue vs. expenses: breakdown
Liquidity in 2020 info
Months of cash in 2020 info
Fringe rate in 2020 info
%
Funding sources info
Assets & liabilities info
Shenandoah Valley Scholars Latino Initiative Inc
Revenue & expensesFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
Shenandoah Valley Scholars Latino Initiative Inc
Balance sheetFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Shenandoah Valley Scholars Latino Initiative Inc
Financial trends analysis Glossary & formula definitionsFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
This snapshot of Shenandoah Valley Scholars Latino Initiative Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
| Profitability info | 2012 |
|---|---|
| Unrestricted surplus (deficit) before depreciation | $10,944 |
| As % of expenses | 478.7% |
| Unrestricted surplus (deficit) after depreciation | $10,944 |
| As % of expenses | 478.7% |
| Revenue composition info | |
|---|---|
| Total revenue (unrestricted & restricted) | $13,230 |
| Total revenue, % change over prior year | 0.0% |
| Program services revenue | 0.0% |
| Membership dues | 0.0% |
| Investment income | 0.0% |
| Government grants | 0.0% |
| All other grants and contributions | 100.0% |
| Other revenue | 0.0% |
| Expense composition info | |
|---|---|
| Total expenses before depreciation | $2,286 |
| Total expenses, % change over prior year | 0.0% |
| Personnel | 0.0% |
| Professional fees | 0.0% |
| Occupancy | 0.0% |
| Interest | 0.0% |
| Pass-through | 0.0% |
| All other expenses | 100.0% |
| Full cost components (estimated) info | 2012 |
|---|---|
| Total expenses (after depreciation) | $2,286 |
| One month of savings | $191 |
| Debt principal payment | $0 |
| Fixed asset additions | $0 |
| Total full costs (estimated) | $2,477 |
Capital structure indicators
| Liquidity info | 2012 |
|---|---|
| Months of cash | 57.4 |
| Months of cash and investments | 57.4 |
| Months of estimated liquid unrestricted net assets | 57.4 |
| Balance sheet composition info | 2012 |
|---|---|
| Cash | $10,944 |
| Investments | $0 |
| Receivables | $0 |
| Gross land, buildings, equipment (LBE) | $0 |
| Accumulated depreciation (as a % of LBE) | 0.0% |
| Liabilities (as a % of assets) | 0.0% |
| Unrestricted net assets | $0 |
| Temporarily restricted net assets | $0 |
| Permanently restricted net assets | $0 |
| Total restricted net assets | $0 |
| Total net assets | $10,944 |
Key data checks
| Key data checks info | 2012 |
|---|---|
| Material data errors | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Managing Director
Stephania Cervantes
Number of employees
Source: IRS Form 990
Shenandoah Valley Scholars Latino Initiative Inc
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Shenandoah Valley Scholars Latino Initiative Inc
Board of directorsas of 01/20/2023
Board of directors data
Fawn-Amber Montoya
James Madison University
Term: 2023 - 2025
Brent Holsinger
On the Road Collaborative
Carlos Aleman
James Madison University
Hannah Bowman Hrasky
Harrisonburg High School
Bryan Pearce-Gonzales
Shenandoah University
Sylvia Whitney Beitzel
Harrisonburg City Public Schools
Christopher von Rueden
University of Richmond
Jason Good
Ringling College of Art and Design
Fawn-Amber Montoya
James Madison University
Veronique Walker
Winchester Public Schools
Cecilia Barbosa
cBe consulting
Diana Patterson
DSP Services, LLC
Steve Burkholder
Everence Financial
Lisette Carbajal
Capital One
Hector Cendejas
Catholic Charities of the Diocese of Arlington
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
-
Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Not applicable -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Not applicable -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable
Organizational demographics
Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
No data
No data
Sexual orientation
No data
Disability
No data
Equity strategies
Last updated: 01/20/2023GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
- We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
- We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
- We have community representation at the board level, either on the board itself or through a community advisory board.
GuideStar Pro Reports
Report successfully added to your cart!
Want more data?
A GuideStar Pro report containing the following information is available for this organization:
- Financial data for the most recent year (2020)*
- Letter of Determination
- Officer and/or Employee data for 2020, 2019, 2018, 2017
- Contractor and/or Paid Preparer data for 2020, 2019, 2018
- Board of Directors data for 2023
- *with the ability to download the data for 2020, 2019, 2018, 2017
Download it now for $125.
Need the ability to download nonprofit data and more advanced search options?Consider a Pro Search subscription.