Civic Intelligence

Hispanic Business Initiative Fund Nationwide Inc

990EZ • Fiscal year 2019 • EIN 04-3589150

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 15, 2019

Organization Profile
3201 E COLONIAL DRIVE Suite A20Orlando, FL 32803

(407) 413-8564

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

99th percentile

98%

Higher net margin than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

83rd percentile

45%

Faster asset growth than 83% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

83rd percentile

40%

Faster revenue growth than 83% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$222,085

Up $68,659 (+45%) from 2018

Net Assets

Up

$222,085

Up $68,659 (+45%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin99th percentile

Revenue

Up

$70,027

Up $20,027 (+40%) from 2018

Expenses

Down

$1,368

Down $232 (-14%) from 2018

Net Income

Up

$68,659

Up $20,259 (+42%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2019

Assets$222,085
Liabilities$0
Net Assets$222,085
Open 2019 Filing

Operations Trend

Revenue Growth83rd percentile

Revenue, expenses, and net income across loaded years, with this 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

2019

Revenue$70,027
Expenses$1,368
Net Income$68,659
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$70,027
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.

Program Services

DescriptionGrantsExpenses
Prospera started operating in Charlotte, North Carolina with a full-time employee beginning July 2017 to provide consulting and training to the fast-growing Hispanic population in the state. Between July 1, 2018 and June 30, 2019, Prospera supported 151 individuals with consulting, and provided 22 business seminars which yielded 332 attendees. In addition, Prospera started developing strong regional and statewide relationships with key relevant organizations, community leaders, foundations and potential funders.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AUGUSTO SANABRIAPresident-$0--
ALEXANDER SUEIROTreasurer-$0--
JAMES HARHISecretary-$0--
EDDIE SOLERChairman-$0--
Filing and Contact Details

Filer

Filer Name
Hispanic Business Initiative Fund
EIN
04-3589150
In Care Of
% AUGUSTO SANABRIA
Phone
4074138564
Address
3201 E COLONIAL DRIVE Suite A20, ORLANDO, FL 32803

Signing Officer

Name
Augusto Sanabria
Title
President
Phone
4074285872
Signed
2019-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Bdo USA Llp
Address
201 S Orange Ave Suite 800, Orlando, FL 32801
Preparer
Tara Miller
Phone
4078416930
Supplemental Narrative

Additional Explanations

Form 990EZ Part II Line 24

“Description:INTERCOMPANY ACCOUNTS BOY Amount:145420 EOY Amount:215420”

Raw XML Appendix151 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0AUGUSTO SANABRIA
IRS990EZ/BooksInCareOfDetail/PhoneNum04074138564
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03201 E COLONIAL DRIVE A20
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ORLANDO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd032803
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08006
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06665
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt070027
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt068659
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01368
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0153426
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0222085
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt070027
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0153426
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0222085
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0153426
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0222085
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AUGUSTO SANABRIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ALEXANDER SUEIRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JAMES HARHI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3EDDIE SOLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3chairman
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0145420
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0215420
IRS990EZ/PrimaryExemptPurposeTxt0HBIF 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Prospera started operating in Charlotte, North Carolina with a full-time employee beginning July 2017 to provide consulting and training to the fast-growing Hispanic population in the state. Between July 1, 2018 and June 30, 2019, Prospera supported 151 individuals with consulting, and provided 22 business seminars which yielded 332 attendees. In addition, Prospera started developing strong regional and statewide relationships with key relevant organizations, community leaders, foundations and potential funders.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01368
IRS990EZ/TotalRevenueAmt070027
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0true
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt070027
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0105000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0225027
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0225027
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt070027
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0105000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0225027
IRS990ScheduleA/TotalSupportAmt0225027
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description:INTERCOMPANY ACCOUNTS BOY Amount:145420 EOY Amount:215420
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART II LINE 24
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AUGUSTO SANABRIA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04074285872
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HISPANIC BUSINESS INITIATIVE FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0NATIONWIDE INC
ReturnHeader/Filer/BusinessNameControlTxt0HISP
ReturnHeader/Filer/EIN0043589150
ReturnHeader/Filer/InCareOfNm0% AUGUSTO SANABRIA
ReturnHeader/Filer/PhoneNum04074138564
ReturnHeader/Filer/USAddress/AddressLine1Txt03201 E COLONIAL DRIVE Suite A20
ReturnHeader/Filer/USAddress/CityNm0ORLANDO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032803
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D52F2BE7DF731A38A1C3083F05618B085F595824
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D52F2BE7DF731A38A1C3083F05618B085F595824
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId059150720193085000004
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-11-04
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.189.227.101
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BDO USA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 S Orange Ave Suite 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Orlando
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032801
ReturnHeader/PreparerPersonGrp/PhoneNum04078416930
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tara Miller
ReturnHeader/ReturnTs02019-11-04T15:27:12-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$222,085
Liabilities
$0
Net assets
$222,085
Revenue
$70,027
Expenses
$1,368
Net income
$68,659
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