PLATINUM2023

Shenandoah Valley Scholars Latino Initiative Inc

aka Scholars Latino Initiative   |   Harrisonburg, VA   |  http://www.vasli.org
GuideStar Charity Check

Shenandoah Valley Scholars Latino Initiative Inc

EIN: 45-5560300


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 info

2013

Managing Director

Stephania Cervantes

Main address

PO Box 1245

Harrisonburg, VA 22803 USA

Show more contact info

EIN

45-5560300

Subject area info

Student services

Youth development

Population served info

Children and youth

Adolescents

People of Latin American descent

NTEE code info

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

Blog

What we aim to solve

SOURCE: Self-reported by organization

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

SOURCE: Self-reported by organization

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.

Population(s) Served
People of Latin American descent
Adolescents

Where we work

Our results

SOURCE: Self-reported by organization

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

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Scholars Latino Initiative supports Latino/a/x high school students with college access through rigorous academic challenge, leadership development, scholarships, and supportive mentorships.

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.

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.

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

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • 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

Shenandoah Valley Scholars Latino Initiative Inc
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2020 info

SOURCE: IRS Form 990

Average of 0.00 over 9 years

Months of cash in 2020 info

SOURCE: IRS Form 990

Average of 6.4 over 9 years

Fringe rate in 2020 info

SOURCE: IRS Form 990

%

Average of 0% over 9 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

Shenandoah Valley Scholars Latino Initiative Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

Shenandoah Valley Scholars Latino Initiative Inc

Balance sheet

Fiscal 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.

Fiscal year ending: cloud_download Download Data

Shenandoah Valley Scholars Latino Initiative Inc

Financial trends analysis Glossary & formula definitions

Fiscal 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.

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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
Form 1023/1024 is not available for this organization

Managing Director

Stephania Cervantes

Number of employees

Source: IRS Form 990

Shenandoah Valley Scholars Latino Initiative Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Shenandoah Valley Scholars Latino Initiative Inc

Board of directors
as of 01/20/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

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

SOURCE: Self-reported by organization

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

SOURCE: Self-reported; last updated 1/20/2023

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
Hispanic/Latino/Latina/Latinx

Race & ethnicity

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 01/20/2023

GuideStar 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

Data
  • 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.
Policies and processes
  • 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.