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Corazon De Vida Foundation

 14252 Culver Drive, Ste A-800
 Irvine, CA 92604
[P] (949) 476-1144 x 7
[F] (949) 296-0449
http://www.corazondevida.org
[email protected]
Hilda Pacheco-Taylor
FOUNDED: 1994
INCORPORATED: 1996
 Printable 1 Page Summary
 Printable Profile
Organization DBA --
Former Names --
Organization received a competitive grant from the community foundation in the past five years No
Employer Identification Number 33-0707788 00000

Summary


Mission StatementMORE »

Corazon de Vida Foundation supports the orphanages of Baja, Mexico. Our Goal: To End The Cycle Poverty and Abandonement. Our Belief: We believe that every child's life is valued and holds the same potential, excitement, and opportunity as any other life. It is up to us to work together to make sure our care transforms into each child's hope for the future.

Mission Statement

Corazon de Vida Foundation supports the orphanages of Baja, Mexico. Our Goal: To End The Cycle Poverty and Abandonement. Our Belief: We believe that every child's life is valued and holds the same potential, excitement, and opportunity as any other life. It is up to us to work together to make sure our care transforms into each child's hope for the future.

FinancialsMORE »

Fiscal Year 2019
Projected Expenses $1,200,000.00
Projected Revenue $1,295,000.00

ProgramsMORE »

  • SUSTAINING
  • EDUCATION

Revenue vs. Expense ($000s)

Expense Breakdown 2017 (%)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview


Mission Statement

Corazon de Vida Foundation supports the orphanages of Baja, Mexico. Our Goal: To End The Cycle Poverty and Abandonement. Our Belief: We believe that every child's life is valued and holds the same potential, excitement, and opportunity as any other life. It is up to us to work together to make sure our care transforms into each child's hope for the future.

Background Statement

Corazon de Vida (CDV), was formed in 1994 to raise funds and support for the children of Baja, Mexico. Without funds for housing, food or social programs for orphaned, homeless and abandoned children.Many of these children are found living on the streets, while a lucky few have been taken in by well meaning families. These families offer help to one or two children in desperate need, and shortly find themselves running a home for as many as 75 or 100 children. The families often seek support from churches, area businesses or friends to feed and clothe the children.  Mexico does not have a welfare or foster care system, so orphanages must seek their support from individuals, corporations and foundations like Corazon de Vida (CDV). CDV coordinates corporate, community and volunteer support to provide funds, volunteer help, and a caring hand to the children of Baja. Funds raised pay for food, utilities and the other basic needs of life.

Impact Statement

Corazon de Vida Foundation currently provides life-sustaining support to 10+ orphanages serving over 500 children.   In addition to continuing to provide life-sustaining support, CDV's focus is on ensuring that teenagers living in orphanages have an opportunity to continue their education either at a university or technical school.  We believe that giving our kids the education and preparation they need to provide for themselves and their families in the future is the only way to end the cycle of child homelessness and poverty.

Needs Statement

We are in need of monthly sponsors to ensure consistent support for the children, $75/month covers life-sustaining support - food, shelter, care.  $150/month life-sustaining needs plus facility repairs/improvement, enrichment programs, transportation, education.  To sign up as a monthly sponsor visit our website at http://www.corazondevida.org/donate.html
 
We also need long-term volunteers in our office - located in Santa Ana, CA.   If interested, please contact our office - [email protected]
 
We need volunteers for fundraising events and activities - if interested, please contact our office - [email protected]
 
We need specialized volunteers - accounting, website, marketing, photographers, construction, doctors, dentists, nurses, etc.  Contact us to be added to our database - [email protected]
 

CEO Statement

Corazón de Vida Foundation provides life-sustaining support to orphaned and abandoned children in Baja. Life sustaining means regular on-going support for their basic survival needs, such as food, clothing, shelter, etc. We believe that taking kids from the streets and placing them in safe housing, improving the quality of their lives and focusing on education will ensure a promising future for them. If you have had the opportunity to visit the children during our regular visits to the orphanages, you have seen firsthand the importance of the work we do. You have witnessed a frightened little boy on his first week at an orphanage flourish into a vivacious and inquisitive child upon your return. Over the years, you have been humbled by the energy of the kids in your soccer and basketball matches. You have seen a cute little girl transformed into a beautiful teenager full of life and dreams. Your financial contributions change the lives of these children. YOU make a remarkable difference.

Board Chair Statement

6,000 CHILDREN ON THE STREET IN BAJA - This news troubles us. Although we care for close to 500 children in 10 orphanages, there are many who are cold and hungry and no place to call home.  Even a few dollars make a big difference in the lives of these children.   It's hard to imagine just how difficult life can be for these children and even hard to watch and see the reality.  These children don't expect much. They don't feel entitled to three meals a day, medical care, shoes, or even school. For only a few dollars we can help them regain their hope.

Other Ways to Donate/Volunteer

You can make a one-time donation or sign up to join our Heart Angel Community by committing to a monthly sponsorship on this page: http://www.corazondevida.org/donate.html.  Checks can be mailed to our address: Corazon de Vida Foundation14252 Culver Drive, A800Irvine, CA 92604 A great way to participate with Corazon de Vida is to join us on our one-day monthly trips to visit the children.  Trips are generally scheduled on the third Saturday of each month.  Trips information and registration page: http://www.corazondevida.org/events.html We are always looking for office volunteers (Irvine) - if you are interested, please contact [email protected]

Geographic Area Served

Internationally
In a specific U.S. city, cities, state(s) and/or region.
Central Orange County
West Orange County
South Orange County
North Orange County

While our funding and support goes to children living in orphanages in Baja California, Mexico, we provide volunteer opportunities in the Southern CA area.  For over 20 years, our monthly trips to the orphanages have provided life-changing opportunities to volunteers from all walks of life - teen lives have been transformed through the act of caring for others, families have bonded together serving the children, countless people have found purpose in their lives through our day-service trips.  

Organization Categories

  1. Human Services - Children's and Youth Services
  2. Education - Funding Raising & Fund Distribution
  3. Human Services - Adoption

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Programs


SUSTAINING

Life-Sustaining Support - through this program we provide regular monthly funding to each orphanage to cover the basic survival needs of the children - food, shelter, water, and utilities. Hundreds of children are being rescued from unthinkable situations and are being provided food, shelter and a place to call home.  



Budget  $300,000.00
Category  Human Services, General/Other Children & Youth Services
Population Served Children and Youth (0 - 19 years)
Program Short-Term Success  Goal is to ensure that orphanage directors and children do not need to worry about the basic necessities of life and therefore can focus on improving quality of life and on education.
Program Long-Term Success  Corazon de Vida Foundation has been supporting orphanages with life sustaining support for over 20 years.  This is designed to be a "stop-gap" measure to support orphanages while they look to bring in other sources of support.  Corazon de Vida's support then moves up to "Quality of Life Improvements" and "Education".
Program Success Monitored By  Our program is monitored by regular site-visits by our Baja Orphanage Coordinator and liaison - during these visits, a review of services is performed and reported back to CDV's office.
Examples of Program Success  Once the basic necessities of life are covered, children are free to focus on playing, learning and developing.

EDUCATION

Through our education program we provide funding for primary and secondary education, uniforms, supplies, and scholarship based funding for teens aging out of the orphanage system. This program is altering the future of so many young men and women that against all odds are making their dreams come true. We are going beyond the basics, we are providing an opportunity for a better future for the children, their families and their communities.



 

Budget  $200,000.00
Category  Education, General/Other Education, General/Other
Population Served Children and Youth (0 - 19 years)
Program Short-Term Success  Over 95% of the children of primary and secondry school age are currently in school.  As of 2016, over 40 past orphanage residents are attending technical school and univeristy, well on their way to changing their lives for good. 
Program Long-Term Success  The goal of this program is to provide children living in an orphange with teh opportunity to learn a trade or career that will allow them to be self sufficient in the future, to be able to provide for themselves and their families, therefore avoiding the potential need to place tier children in an orphange.
Program Success Monitored By  We review primary/secondary student status regularly, ensure they have the tools and equipment to succeed.  For our continuing education students in technical school and university, we review semester grades and provide additional support when needed.
Examples of Program Success 
Two success stories:
 

“Flor is a beautiful, inquisitive young lady. Flor had a very tough upbringing and lived in a number of orphanages since she was 8 years old.  Flor has had to overcome a lot at her young age.  With your help, she is currently completing her second year of veterinary sciences.  Flor loves animals and often shares that this is because she could always find unconditional love in animals.  Flor is excelling in her studies and spends most of her community service hours volunteering with the school to provide free veterinary services to the community.” 



 

“Isaac is a handsome, kind-mannered young man who came to a Corazon de Vida supported orphanage with his 3 siblings when he was 9 years old.   Isaac is currently completing his last year of accounting and finance at the UABC, Baja’s public university. He chose accounting/finance because of the good job prospects after he graduates and because it will allow him to help his family and to help others and to make a difference in his community. Isaac works as a barber on the weekends to help earn funds for his expenses.”

 

Management


CEO/Executive Director Hilda Pacheco-Taylor
CEO Term Start Apr 1994
CEO Email [email protected]
CEO Experience

As an 8-year-old, Hilda and her younger siblings were placed in an orphanage. At the age of 16, she left the orphanage and reunited with her mother in the U.S. As the years went by, Pacheco-Taylor assimilated into the American culture, and became a successful executive.  Her passion to start the foundation sparked during a visit to her childhood home, Puerta de Fe orphanage. She realized that the orphanage lacked funding support and could not provide for the children. At that point, she was determined to help. Her commitment led her to establish the Corazón de Vida Foundation in 1994.    

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
George Perez Board Member --
Daniel Smith Executive Director --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

--

Staff Information

Number of Full Time Staff 4
Number of Part Time Staff 2
Number of Volunteers 10
Number of Contract Staff 0
Staff Retention Rate % 100%
Staff Professional Development --

Staff Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 1
Hispanic/Latino: 5
Native American/American Indian: 0
Other: --
Other (if specified): --
Gender Female: 5
Male: 1
Not Specified --

Plans & Policies

Organization has Fundraising Plan? Yes
Organization has Strategic Plan? Under Development
Years Strategic Plan Considers --
Management Succession Plan Under Development
Organization Policies And Procedures Yes
Business Continuity of Operations Plan --

Risk Management Provisions

Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy No
Directors and Officers Insurance Policy Yes

Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency N/A N/A
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Semi-Annually

Government Licenses

--

CEO Comments

--

Foundation Comments

--

Governance


Board Chair Michael Beason
Board Chair Company Affiliation No Affiliation
Board Chair Term 1994 -
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Michael Beason Xcaret Company Voting
Alex Dastmalchi Dastmalchi Voting
John Haugland Ortega's A Mexican Bistro Voting
Hilda Pacheco-Taylor Founder Voting
Steve Paliska PPS Transportation Voting
George Perez Corazon de Vida Voting
Darren Sugiyama DaVinci Financial Voting
Mickey Wiebe Xcaret Company Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Additional Board Members and Affiliations

Name Company Affiliations Status
Susie Albin-Najera The Mexico Report NonVoting
Jan Huisking Holovision NonVoting
Alexandria Jackson Apogee Electronics NonVoting
Yarel Ramos NBC Universo NonVoting
Siavash Tabrizy TLC Whole Health Center NonVoting

Board Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 2
Caucasian: 3
Hispanic/Latino: 2
Native American/American Indian: 0
Other: --
Other (if specified): Persian
Gender Female: 2
Male: 6
Not Specified 0

Board Information

Board Term Lengths --
Board Term Limits --
Board Meeting Attendance % --
Written Board Selection Criteria Yes
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 100%
Percentage of In-Kind Contributions 100%
Board Orientation Yes

CEO Comments

--

Foundation Comments

--

Standing Committees

  • Advisory Board / Advisory Council

Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2017 (%)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Fiscal Year Jan 01, 2019 to Dec 31, 2019
Projected Revenue $1,295,000.00
Projected Expenses $1,200,000.00
Form 990s

2017 990

2016 990

2015 990

2014 990

2013 990

2012 990

Audit Documents --
IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2017 2016 2015
Total Revenue $1,248,440 $1,232,601 $962,595
Total Expenses $983,724 $1,042,762 $880,841

Prior Three Years Revenue Sources

Revenue By Revenue Source
Fiscal Year 2017 2016 2015
Foundation and
Corporation Contributions
$843,320 $869,570 $755,284
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- $0
Individual Contributions -- -- --
Indirect Public Support -- -- $0
Earned Revenue $52,091 $46,730 $50,770
Investment Income, Net of Losses -- $7 $0
Membership Dues -- -- $0
Special Events $284,300 $148,153 $176,350
Revenue In-Kind $68,729 $168,141 $37,105
Other -- -- $-67,201

Prior Three Years Expense Allocations

Expense By Type
Fiscal Year 2017 2016 2015
Program Expense $841,397 $884,879 $750,159
Administration Expense $96,585 $104,158 $80,436
Fundraising Expense $45,742 $53,725 $50,246
Payments to Affiliates -- -- $0
Total Revenue/Total Expenses 1.27 1.18 1.09
Program Expense/Total Expenses 86% 85% 85%
Fundraising Expense/Contributed Revenue 4% 5% 5%

Prior Three Years Assets and Liabilities

Assets and Liabilities
Fiscal Year 2017 2016 2015
Total Assets $1,553,661 $1,286,514 $1,096,233
Current Assets $1,078,028 $801,598 $597,513
Long-Term Liabilities -- $178 $1,638
Current Liabilities $20 -- $453
Total Net Assets $1,553,641 $1,286,336 $1,094,142

Short Term Solvency

Fiscal Year 2017 2016 2015
Current Ratio: Current Assets/Current Liabilities 53,901.40 inf 1,319.01

Long Term Solvency

Fiscal Year 2017 2016 2015
Long-term Liabilities/Total Assets 0% 0% 0%
Endowment Value --
Spending Policy --
Percentage(If selected) --
Are you currently in a Capital Campaign? No
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

CEO Comments

--

Foundation Comments

Summary financial data is per the Form 990s and consultation with the organization.  Foundation/corporate and individual contributions are combined under foundation and corporation contributions.

Documents


Other Documents

No Other Documents currently available.