PLATINUM2024

SOCIETY OF HISPANIC PROFESSIONAL ENGINEERS

Leading Hispanics in STEM

aka SHPE   |   City of Industry, CA   |  http://shpe.org
GuideStar Charity Check

SOCIETY OF HISPANIC PROFESSIONAL ENGINEERS

EIN: 72-1549994


Mission

SHPE changes lives by empowering the Hispanic community to realize its fullest potential and to impact the world through STEM awareness, access, support, and development.

Notes from the nonprofit

Today, SHPE makes a big impact. We’re the largest association in the nation for Hispanics in STEM. We meet each of our student and professional members where they are—offering effective training, mentorship, and programming for our vibrant community. As we continue to expand our membership, programs, and partnerships, we’re guided by a clear mission, a bright vision, and the core values demonstrated by our founders. Our Mission: SHPE changes lives by empowering the Hispanic community to realize its fullest potential and to impact the world through STEM awareness, access, support, and development. Our Vision: SHPE’s vision is a world where Hispanics are highly valued and influential as the leading innovators, scientists, mathematicians, and engineers. Our Key Values: Familia Service Education Resilience

Ruling year info

2004

Interim CEO

Miguel Alemany

Main address

13181 Crossroads Parkway North Suite 220

City of Industry, CA 91746 USA

Show more contact info

EIN

72-1549994

Subject area info

Educational management

Education services

Engineering

Employment

Ethnic and racial minority rights

Show more subject areas

Population served info

Children and youth

Women and girls

Families

Ethnic and racial groups

Academics

NTEE code info

Professional Societies, Associations (W03)

Minority Rights (R22)

Professional Societies, Associations (J03)

What we aim to solve

SOURCE: Self-reported by organization

The Hispanic population in the United States, comprising 20% of the total and 25% of the young demographic, signals substantial future workforce potential. With the highest workforce participation rate among major demographic groups, Hispanics have seen commendable progress in engineering enrollment and degrees awarded over the past decade, yet only constitute 8% of STEM workers. Projections suggest enrollment parity with the workforce by 2035 and engineering degrees aligning with projections by 2060. SHPE aims to accelerate this timeline, aspiring for engineering degree parity well before 2060, emphasizing their commitment to fostering diversity and inclusion in STEM.

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?

Equipando Padres

Provides the parents of first-generation-to-college and low socioeconomic status students tools to better support their children earning engineering degrees. Provides resources to empower these parents to contribute to their students success.

Population(s) Served
People of Latin American descent
Parents
Caregivers
Families

Provides K-12 students access to a variety of opportunities and experiences that spark excitement for science, technology, engineering and math!

Population(s) Served
Children and youth

Accelerates and affirms Latina representation at all levels of STEM corporate and academic leadership. It empowers Latinas to pursue higher education and careers in STEM recognizing the unique perspective they bring into solving the world's most pressing problems while creating new, influential role models for future leaders.

Population(s) Served
People of Latin American descent
Women and girls

Facilitates mentoring relationships that support personal growth and professional development. The program is designed to expand professional networks, allow participants to gain new knowledge and insights, and build new skills for both mentors and mentees.

Population(s) Served
People of Latin American descent
Students

Improves representation and increases persistence of Hispanics in STEM careers through financial support. Supports SHPE members from the high school graduates through the doctoral level by lowering the financial burden of higher education and showing them that the STEM industry and their SHPE Familia are invested in their future.

Population(s) Served
People of Latin American descent
Students

Provides year-round engagement to gain a sense of community and professional development. Allows corporations to connect interns from across the organization that are members of the SHPE Familia. Creates customized intern experiences to meet corporate objectives.

Population(s) Served
People of Latin American descent
People of Latin American descent

Places members into a community to discuss literature books, articles. Content is selected to address critical issues facing the participants. Discussion led by authors or facilitated by volunteer leaders. Participants learn from the content and also from each other.

Population(s) Served
People of Latin American descent
Academics

Identifies that special somethingthat X-factorand delivers webinars to support participants learning to use it to excel as a student, a professional, and leader. Expertly designed and curated webinars focus on early career readiness and professional development.

Population(s) Served
People of Latin American descent
People of Latin American descent

Engage and inspire Hispanic youth (and their parents) to pursue STEM degrees and careers. Events are delivered by chapters, regions, or centrally coordinated by SHPE staff, and may be hosted at the target school, another venue in the community, or virtually. Program is structured to achieve three core objectives: 1) increasing STEM awareness; 2) increasing STEM self-efficacy, and 3) increasing STEM identity.

Population(s) Served
People of Latin American descent
Families
Children and youth
Ethnic and racial groups
Economically disadvantaged people

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.

Total number of organization members

This metric is no longer tracked.
Totals By Year
Population(s) Served

People of Latin American descent

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

As of December 2023, we have total of 330 chapters across the US.

Number of conference attendees

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

Number of conferences held

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

Includes 7 RLDCs, 1 NILA, and 1 National Convention - NILA is in 2 parts

Total dollar amount of scholarship awarded

This metric is no longer tracked.
Totals By Year
Population(s) Served

People of Latin American descent

Related Program

ScholarSHPE

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

Scholarships awarded to Graduating High School Seniors, Undergraduate, Graduate, and Doctorial Studies in STEM

Percentage of members who earn their STEM degrees.

This metric is no longer tracked.
Totals By Year
Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

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.

SHPEs mission is to changes lives by empowering the Hispanic community to realize its fullest potential and to impact the world through STEM awareness, access, support, and development.

The Hispanic population is growing quickly. There are almost 60 million Hispanics currently living in the United States, making up nearly 18% of the population. It is estimated that by 2060, approximately one in four people living in the United States will be Hispanic or of Hispanic heritage. This is a demographic that cannot be ignored.

STEM careers are also rapidly expanding, and these are some of the best compensated jobs in our economy. The U.S. Bureau of Labor Statistics employment projections show STEM sector growth will continue to outpace other sectors through at least 2028. Between 2018 and 2028, overall employment is expected to grow by 5.2% while STEM jobs, during the same period, are expected to continue growing by nearly 8.8%. Additionally, in 2018, a STEM Median Annual Wage was $84,802, versus a non-STEM 2018 Median Annual Wage at $37,0202.

However, despite making up 17% of the workforce, Hispanics only make up 6% of scientists and engineers. So, the Hispanic population and STEM are both growing, but Hispanics in STEM are not growing at the same rate. There is a 10% disparity. Every strategic goal and objective outlined in the following plan is designed specifically to fill that gap - to ensure that the STEM workforce reflects the true diversity of our country. This is our mission, yes, but it is also our passion. The world needs the brilliance, creativity, and perspective of the Hispanic community now. And SHPE is ready to make this happen.

Strategic Plan Objectives:

1. PROTECT Our Core

* Develop and foster the membership through culture of operational excellence and a cycle of implement, assess, and improve
* Offer a standardized catalog of best in class, scalable core programs and services with measurable impact
* Maintain reputation as a premier proponent of educational and career advancement for Hispanics in STEM

2. GROW to Prosper

* Remain responsive to the newest scientific, technological, and corporate trends and develop new offerings accordingly that advance the mission of SHPE
* Diversify revenue streams and expand funding portfolio through mission-aligned connection and cultivation.
* Become an innovative force propelling equity for Hispanics in STEM

3. Establish Prestige & Respect in STEM

*Become a key influencer on Capitol Hill with deep reach and a reputation as the leading organization for Hispanics in STEM
* Attain professional and educational recognition of SHPE as the prominent brand and authentic voice of Hispanics in the STEM ecosystem
* Position SHPE as a "go-to" advocate, expert, and organizer for the Hispanics in STEM community

SHPE capabilities for achieving its goals include:

- Strong history in the Hispanic and STEM communities since 1974
- Solid reputation for being a source of outstanding and diverse STEM talent
- Loyal and growing membership of over 18,000 STEM students and professionals nationwide
- Dedicated corporate support in the form of 84 major Industry Partnership Council members, as well as, 100s of sponsors for scholarships, events, and other programs offered by SHPE
- Owner of the largest Hispanic STEM event in the U.S. with over 12,000 attendees every year
- Executive team with extensive experience in managing and growing nonprofit organizations
- Board members with significant networks and experience in STEM
- Deeply-held core values of familia, service, learning, and resilience

SHPE has the right team, the right reputation, the right plan, and the right values for achieving its mission.

Since 1974, SHPE has established itself as the leading U.S. organization serving Hispanics in engineering, with close to 330 chapters and over 18,000 members. SHPE has the largest annual conference serving Hispanics in STEM.

What's Next:
- SHPE also has begun advocating for Hispanics in STEM on Capitol Hill, meeting with leaders in the government to be sure that Hispanics are represented, sharing the issues with under-representation, and the opportunities that come with diversity and inclusion. SHPE also meets with representatives of major corporations to advocate for diversity and inclusion.
- SHPE's updating and expanding its program offerings to ensure the organization provides more value to its members, focusing on programs for K-12 students, academics, professionals, women, those focused on tech & innovation, and more.
- SHPE will stabilize and diversify revenue growth through corporate and individual giving, new sponsors, and grants.

There's much more to come for SHPE in 2024 and beyond.

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.
  • 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 make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded

  • What challenges does the organization face when collecting feedback?

    It is difficult to find the ongoing funding to support feedback collection

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 2023 info

SOURCE: IRS Form 990

2.40

Average of 1.87 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

7.5

Average of 6.8 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

18%

Average of 20% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

SOCIETY OF HISPANIC PROFESSIONAL ENGINEERS

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

SOCIETY OF HISPANIC PROFESSIONAL ENGINEERS

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

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

SOCIETY OF HISPANIC PROFESSIONAL ENGINEERS

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of SOCIETY OF HISPANIC PROFESSIONAL ENGINEERS’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 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $241,047 $354,417 $931,128 $1,118,332 $179,081
As % of expenses 3.2% 4.1% 13.5% 11.0% 1.3%
Unrestricted surplus (deficit) after depreciation $190,794 $315,234 $921,418 $1,086,640 $123,659
As % of expenses 2.5% 3.6% 13.3% 10.6% 0.9%
Revenue composition info
Total revenue (unrestricted & restricted) $7,840,821 $9,183,755 $8,505,818 $11,894,639 $14,243,825
Total revenue, % change over prior year 11.2% 17.1% -7.4% 39.8% 19.7%
Program services revenue 92.8% 85.9% 78.5% 70.0% 73.0%
Membership dues 2.3% 2.6% 3.0% 1.9% 1.7%
Investment income 0.8% 0.6% 0.2% 0.1% 1.3%
Government grants 0.0% 0.0% 4.1% 2.9% 0.0%
All other grants and contributions 4.1% 10.9% 14.3% 25.2% 23.9%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.1%
Expense composition info
Total expenses before depreciation $7,629,555 $8,658,547 $6,909,039 $10,179,291 $14,084,518
Total expenses, % change over prior year 15.6% 13.5% -20.2% 47.3% 38.4%
Personnel 29.1% 29.5% 32.6% 28.8% 30.3%
Professional fees 0.0% 0.1% 13.7% 8.7% 6.8%
Occupancy 1.8% 1.9% 1.4% 1.1% 0.6%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 4.6% 5.9% 10.7% 11.9% 11.5%
All other expenses 64.5% 62.6% 41.5% 49.6% 50.7%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $7,679,808 $8,697,730 $6,918,749 $10,210,983 $14,139,940
One month of savings $635,796 $721,546 $575,753 $848,274 $1,173,710
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $13,094 $91,528 $95,114
Total full costs (estimated) $8,315,604 $9,419,276 $7,507,596 $11,150,785 $15,408,764

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 8.2 6.3 9.6 8.3 7.5
Months of cash and investments 8.2 6.3 11.2 9.6 8.0
Months of estimated liquid unrestricted net assets 3.3 3.4 5.8 5.2 3.8
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $5,235,494 $4,577,071 $5,534,345 $7,019,657 $8,758,080
Investments $0 $0 $895,744 $1,134,600 $662,837
Receivables $211,973 $232,376 $347,691 $182,872 $350,833
Gross land, buildings, equipment (LBE) $148,934 $150,434 $163,528 $255,055 $350,170
Accumulated depreciation (as a % of LBE) 59.4% 84.9% 84.0% 66.3% 64.1%
Liabilities (as a % of assets) 57.1% 41.3% 31.3% 28.4% 39.2%
Unrestricted net assets $2,138,083 $2,453,317 $3,374,735 $4,461,375 $4,585,034
Temporarily restricted net assets $259,589 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $259,589 $462,581 $1,323,051 $1,735,104 $1,724,558
Total net assets $2,397,672 $2,915,898 $4,697,786 $6,196,479 $6,309,592

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Interim CEO

Miguel Alemany

Experienced Executive and Founder with outstanding track record in the consumer goods and perfume industries. Aspirational change agent, innovator, visionary, good at turning around businesses, strategic, excellent business acumen, strong results oriented and business development professional. Experienced Board member (prior Chair of SHPE), with strong presence in the Hispanic professional community.

Number of employees

Source: IRS Form 990

SOCIETY OF HISPANIC PROFESSIONAL ENGINEERS

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

SOCIETY OF HISPANIC PROFESSIONAL ENGINEERS

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

SOCIETY OF HISPANIC PROFESSIONAL ENGINEERS

Board of directors
as of 02/29/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Will Davis

NASA

Term: 2021 - 2027

Michael Wangen, Treasurer

IBM

Joaquin Gamboa

Everly Health

Carista Ragan

Stackpath

Karen Santos

The Ohio State University

Adian Davila, Secretary

Virginia Tech

Melanie Weber, Vice Chair

Blue Origin

Stephanie Adams

University of Texas at Dallas

Natalie Davila-Rendon

Lockheed Martin

Diana Gomez

CALTRANS

Rogelio Mendoza

University of Texas at Austin

Andrea Rivera

Texas A&M

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? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • 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? Yes
  • 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? Yes

Organizational demographics

SOURCE: Self-reported; last updated 1/26/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Hispanic/Latino/Latina/Latinx
Gender identity
Male
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

No data

Equity strategies

Last updated: 06/01/2022

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.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • 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.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.