Hiscec Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HISCEC Foundation Inc.'s mission is to improve the well-being of underserved individuals and communities through charitable, educational, humanitarian, and community development initiatives. The organization provides educational programming, community outreach, digital literacy support, economic empowerment initiatives, and technical assistance designed to expand access to educational and community resources for underserved populations. Program Service Accomplishments: During the tax year, HISCEC Foundation Inc. conducted charitable and educational activities focused on supporting underserved entrepreneurs, Spanish-speaking communities, and economically disadvantaged individuals through no-cost or low-cost educational resources, community outreach initiatives, and public-benefit programming. Program activities included educational workshops, financial literacy training, digital education resources, community support services, and technical assistance intended to improve access to edu
- Income
- $457,350
- Spending
- $491,704
- Spent on programs
- 100%
- Reserves
- 0.4 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 4
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 35 out of 100. Higher than 6% of charities in its peer group (public benefit, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.4 months of spending.
Debt
2 of 20It owes 92% of what it owns.
Living within its means
4 of 15Spending exceeded income by 8% of income.
Income trend
10 of 15Income fell 10% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 83 out of 100. Higher than 67% of charities in its peer group (public benefit, $250k to $1m).
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $490,049 spent. Program Service Accomplishments: HISCEC Foundation Inc. provided educational and community support programs designed to assist underserved entrepreneurs, small businesses, and Spanish-speaking communities impacted by the COVID-19 pandemic. Activities included providing access to business recovery resources and tools; conducting financial literacy webinars and educational workshops for Spanish-speaking consumers; developing online educational guides and training related to e-commerce and selling products through Shopify platforms; hosting webinars focused on small business recovery, operational support, and digital business development; and providing e-commerce assistance, including the development and support of microsites through HISCEC's online marketplace initiative to help small businesses increase digital visibility and economic sustainability.
- No Program
- No Program
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.