Civic Intelligence

Hispanic Business Initiative Fund

EIN 04-3589150 • 501(c)3 • Orlando, FL

Profile

Hbif nationwide is an economic development 501(c)(3) not-for-profit organization specializing in providing bilingual professional services to hispanic entrepreneurs who want to establish or expand their business in states other than florida. Hbif nationwide's quality year-round professional services include educational services, individual consulting, technical assistance, and access to capital.

3201 E Colonial Drive A-20Orlando, FL 32803
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

0.01x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

52nd percentile

-0.8%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$254,758

Down $1,966 (-0.8%) from 2023

Liabilities

Flat

$3,270

Flat from 2023

Net Assets

Down

$251,488

Down $1,966 (-0.8%) from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $3,411 (-100%) from 2023

Expenses

Up

$1,966

Up $194 (+11%) from 2023

Net Income

Down

-$1,966

Down $3,605 (-220%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2010: $9,130Liabilities 2010: $2002010Assets 2017: $105,026Liabilities 2017: $02017Assets 2018: $153,426Liabilities 2018: $0Net Assets 2018: $153,4262018Assets 2019: $222,085Liabilities 2019: $0Net Assets 2019: $222,0852019Assets 2020: $253,388Liabilities 2020: $0Net Assets 2020: $253,3882020Assets 2021: $252,122Liabilities 2021: $0Net Assets 2021: $252,1222021Assets 2022: $253,215Liabilities 2022: $1,400Net Assets 2022: $251,8152022Assets 2023: $256,724Liabilities 2023: $3,270Net Assets 2023: $253,4542023Assets 2024: $254,758Liabilities 2024: $3,270Net Assets 2024: $251,4882024

Highlighted filing

2024

Assets$254,758
Liabilities$3,270
Net Assets$251,488
Open 2024 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $36Expenses 2010: $362Net Income 2010: -$3262010Revenue 2017: $105,000Expenses 2017: $26,003Net Income 2017: $78,9972017Revenue 2018: $50,000Expenses 2018: $1,600Net Income 2018: $48,4002018Revenue 2019: $70,027Expenses 2019: $1,368Net Income 2019: $68,6592019Revenue 2020: $32,675Expenses 2020: $1,372Net Income 2020: $31,3032020Revenue 2021: $364Expenses 2021: $1,630Net Income 2021: -$1,2662021Revenue 2022: $2,563Expenses 2022: $2,870Net Income 2022: -$3072022Revenue 2023: $3,411Expenses 2023: $1,772Net Income 2023: $1,6392023Revenue 2024: $0Expenses 2024: $1,966Net Income 2024: -$1,9662024

Highlighted filing

2024

Revenue$0
Expenses$1,966
Net Income-$1,966
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$254,758
Liabilities
$3,270
Net assets
$251,488
Revenue
$0
Expenses
$1,966
Net income
-$1,966
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.55$0.03$2.51$0.00$0.02$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.57$0.03$2.53$0.03$0.02$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.53$0.01$2.52$0.03$0.03$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.52$0.00$2.52$0.00$0.02$0.01
2020Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$0.33$0.01$0.31
2019Detailed filing. Detailed filing data is available for this year.$2.22$0.00$2.22$0.70$0.01$0.69
2018Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$0.50$0.02$0.48
2017Summary only. Only limited summary data is available for this year.$1.05$0.00$1.05$0.26$0.79
2010Summary only. Only limited summary data is available for this year.$0.09$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 6, 2025
Return Version
2023v6.0
Gross Receipts
$0
Mission and Program Overview

Mission

Hbif nationwide is an economic development 501(c)(3) not-for-profit organization specializing in providing bilingual professional services to hispanic entrepreneurs who want to establish or expand their business in states other than florida. Hbif nationwides quality year-round professional services include educational services, individual consulting, technical assistance, and access to capital.

Hbif nationwide is an economic development 501(c)(3) not-for-profit organization specializing in providing bilingual professional services to hispanic entrepreneurs who want to establish or expand their business in states other than florida. Hbif nationwide's quality year-round professional services include educational services, individual consulting, technical assistance, and access to capital.

Program Services

DescriptionGrantsExpenses
N/A--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GEORGE BERMUDEZChair-$0--
LUZ AVILESPast Chair-$0--
LORI DUARTE-ROBERTSSecretary-$0--
AUGUSTO SANABRIACEO/President-$0--
ALEXANDER SUEIROTreasurer-$0--
LUIS E OTEROCFO-$0--
Filing and Contact Details

Filer

Filer Name
Hispanic Business Initiative Fund Nationwide Inc
EIN
04-3589150
Phone
4074138564
Address
3201 E COLONIAL DRIVE A-20, ORLANDO, FL 32803

Signing Officer

Name
Augusto Sanabria
Title
President
Phone
4074138564
Signed
2025-08-06
Discuss with paid preparer
Yes

Preparer

Firm
Bdo USA
Address
450 S ORANGE AVE STE 550, ORLANDO, FL 32801-3308
Preparer
Jake Cook
Phone
4078416930
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 Other Expenses

“Professional fees - 1875; licenses, fees and permits - 70;”

Form 990-EZ, Part II, Line 24B Other Assets

“Intercompany accounts - boy:245458,eoy:254758;”

Form 990-EZ, Part II, Line 26B Total Liabilities

“Accounts payable - boy:3270,eoy:3270;”

Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE

“Hbif nationwide is an economic development 501(c)(3) not-for-profit organization specializing in providing bilingual professional services to hispanic entrepreneurs who want to establish or expand their business in states other than florida. Hbif nationwide's quality year-round professional services include educational services, individual consulting, technical assistance, and access to capital.”

Raw XML Appendix164 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherExpensesTotalAmt01945
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/PrintingPublicationsPostageAmt021
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROFESSIONAL FEES - 1875; LICENSES, FEES AND PERMITS - 70;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INTERCOMPANY ACCOUNTS - BOY:245458,EOY:254758;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE - BOY:3270,EOY:3270;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HBIF NATIONWIDE IS AN ECONOMIC DEVELOPMENT 501(C)(3) NOT-FOR-PROFIT ORGANIZATION SPECIALIZING IN PROVIDING BILINGUAL PROFESSIONAL SERVICES TO HISPANIC ENTREPRENEURS WHO WANT TO ESTABLISH OR EXPAND THEIR BUSINESS IN STATES OTHER THAN FLORIDA. HBIF NATIONWIDE'S QUALITY YEAR-ROUND PROFESSIONAL SERVICES INCLUDE EDUCATIONAL SERVICES, INDIVIDUAL CONSULTING, TECHNICAL ASSISTANCE, AND ACCESS TO CAPITAL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 Other Expenses
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26b Total Liabilities
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ReturnHeader/ReturnTs02025-08-06T12:52:01+00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits