Civic Intelligence

Comunidad Hispana De Wallingford Inc.

990 • Fiscal year 2020 • EIN 06-1076188

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 13, 2020

284 Washington StreetWallingford, CT 06492

(203) 265-5866

Siviq Scores

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

Liabilities / Assets

76th percentile

0.12x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.10x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

59th percentile

11%

Higher net margin than 59% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

64th percentile

17%

Faster asset growth than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

53rd percentile

-10%

Faster revenue growth than 53% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$287,915

Up $41,856 (+17%) from 2019

Net Assets

Up

$254,019

Up $40,838 (+19%) from 2019

Liabilities

Up

$33,896

Up $1,018 (+3.1%) from 2019

Revenue

Down

$355,169

Down $41,483 (-10%) from 2019

Expenses

Up

$314,331

Up $22,147 (+7.6%) from 2019

Net Income

Down

$40,838

Down $63,630 (-61%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $60,032Liabilities 2010: $5,554Net Assets 2010: $54,4782010Assets 2011: $75,967Liabilities 2011: $5,556Net Assets 2011: $70,4112011Assets 2012: $58,749Liabilities 2012: $5,879Net Assets 2012: $52,8702012Assets 2013: $111,390Liabilities 2013: $67,987Net Assets 2013: $43,4032013Assets 2014: $124,155Liabilities 2014: $36,107Net Assets 2014: $88,0482014Assets 2015: $156,872Liabilities 2015: $37,914Net Assets 2015: $118,9582015Assets 2016: $226,804Liabilities 2016: $83,432Net Assets 2016: $143,3722016Assets 2017: $134,174Liabilities 2017: $16,621Net Assets 2017: $117,5532017Assets 2018: $145,624Liabilities 2018: $36,911Net Assets 2018: $108,7132018Assets 2019: $246,059Liabilities 2019: $32,878Net Assets 2019: $213,1812019Assets 2020: $287,915Liabilities 2020: $33,896Net Assets 2020: $254,0192020Assets 2021: $359,564Liabilities 2021: $28,280Net Assets 2021: $331,2842021Assets 2022: $471,260Liabilities 2022: $220,585Net Assets 2022: $250,6752022Assets 2024: $569,845Liabilities 2024: $15,136Net Assets 2024: $554,7092024

Highlighted filing

2020

Assets$287,915
Liabilities$33,896
Net Assets$254,019

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $178,898Expenses 2010: $144,814Net Income 2010: $34,0842010Revenue 2011: $224,458Expenses 2011: $208,525Net Income 2011: $15,9332011Revenue 2012: $189,471Expenses 2012: $207,012Net Income 2012: -$17,5412012Revenue 2013: $206,852Expenses 2013: $216,319Net Income 2013: -$9,4672013Revenue 2014: $318,036Expenses 2014: $273,391Net Income 2014: $44,6452014Revenue 2015: $325,952Expenses 2015: $295,042Net Income 2015: $30,9102015Revenue 2016: $384,368Expenses 2016: $359,954Net Income 2016: $24,4142016Revenue 2017: $294,249Expenses 2017: $320,068Net Income 2017: -$25,8192017Revenue 2018: $286,752Expenses 2018: $295,592Net Income 2018: -$8,8402018Revenue 2019: $396,652Expenses 2019: $292,184Net Income 2019: $104,4682019Revenue 2020: $355,169Expenses 2020: $314,331Net Income 2020: $40,8382020Revenue 2021: $464,649Expenses 2021: $387,384Net Income 2021: $77,2652021Revenue 2022: $435,092Expenses 2022: $515,701Net Income 2022: -$80,6092022Revenue 2024: $805,001Expenses 2024: $530,846Net Income 2024: $274,1552024

Highlighted filing

2020

Revenue$355,169
Expenses$314,331
Net Income$40,838
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 13, 2020
Return Version
2019v5.0
Gross Receipts
$356,820
Mission and Program Overview

Mission

To respond to the needs of the latino communtiy by assisting them to succeed in the u.s. Societyy; and to enable latinos to maintain and share their rich varied cultures with the broader community

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$111,919$225,606▲ $113,687
Cash and Non-Interest-Bearing Accounts$127,369$56,874▼ $70,495
Prepaid Expenses and Deferred Charges$3,014$4,841▲ $1,827
Pledges and Grants Receivable$2,614--
Land, Buildings, and Equipment, Net$1,143$594▼ $549
Total Assets$246,059$287,915▲ $41,856
Liabilities
Other Liabilities$30,343$29,043▼ $1,300
Accounts Payable and Accrued Expenses$2,535$4,853▲ $2,318
Total Liabilities$32,878$33,896▲ $1,018
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$213,181$254,019▲ $40,838
Total Net Assets Fund Balance$213,181$254,019▲ $40,838
Total Liabilities and Net Assets / Fund Balance$246,059$287,915▲ $41,856

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$594$53,679$54,273
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$292,606
Program Service Revenue
$17,990
Investment Income
$699
Other Revenue
$43,874
All Other Contributions
$29,325
Change in Net Assets
$40,838
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$219,549
Other Expenses$94,782
Total Fundraising Expense$10,204
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$165,240$25,000-$190,240
Payroll Taxes$13,301$3,000-$16,301
Other Employee Benefits$10,008$3,000-$13,008
All Other Expenses$9,670$2,573-$12,243
Fees for Services Other--$10,204$10,204
Other Expenses$4,100$4,964-$9,064
Insurance-$5,196-$5,196
Office Expenses$5,099--$5,099
Fees for Services Accounting$2,200$2,200-$4,400
Conferences and Meetings$1,627$1,628-$3,255
Fees for Services Legal$700$776-$1,476
Depreciation Depletion$549--$549
Total Functional Expenses$255,790$48,337$10,204$314,331
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45,525
Fundraising Direct Expenses$1,651
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wine Tasting$22,905$22,905-$22,905
Golf Tournament$22,620$22,620$1,651$20,969
Total Events$45,525$45,525$1,651$43,874
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Grant Revenue$29,043
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

BY REQUEST

Filing and Contact Details

Filer

Filer Name
Comunidad Hispana De Wallingford
EIN
06-1076188
Phone
2032655866
Address
284 WASHINGTON STREET, WALLINGFORD, CT 06492

Signing Officer

Name
Gloria Rodriguez
Title
Executive Director
Phone
2032655866
Signed
2020-10-13
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Ct
Voting Board Members
13
Independent Board Members
13
Employees
8

Preparer

Firm
Mcnamee & Co LLC
Address
15 S ELM, WALLINGFORD, CT 06492
Preparer
Sean Mcnamee CPA
Phone
2032697759
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Fundraising functions and board of directors

Form 990, Page 2, Part III, Line 4D

Education, transportation and legal services provided to hispanic community

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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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.70$0.15$5.55$8.05$5.31$2.74
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.71$2.21$2.51$4.35$5.16$0.81
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$0.28$3.31$4.65$3.87$0.77
2020Detailed filing. Detailed filing data is available for this year.$2.88$0.34$2.54$3.55$3.14$0.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.46$0.33$2.13$3.97$2.92$1.04
2018Detailed filing. Detailed filing data is available for this year.$1.46$0.37$1.09$2.87$2.96$0.09
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.17$1.18$2.94$3.20$0.26
2016Detailed filing. Detailed filing data is available for this year.$2.27$0.83$1.43$3.84$3.60$0.24
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.38$1.19$3.26$2.95$0.31
2014Detailed filing. Detailed filing data is available for this year.$1.24$0.36$0.88$3.18$2.73$0.45
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.68$0.43$2.07$2.16$0.09
2012Summary only. Only limited summary data is available for this year.$0.59$0.06$0.53$1.89$2.07$0.18
2011Summary only. Only limited summary data is available for this year.$0.76$0.06$0.70$2.24$2.09$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.06$0.54$1.79$1.45$0.34