Civic Intelligence

Qualitas of Life Foundation

EIN 06-1833489 • 501(c)3 • New York, NY

Profile

The organization serves hispanic individuals by providing instruction on personal finances and how to access the financial system.

1221 Avenue Of The Americas 43s093New York, NY 10020
Siviq Scores

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

Liabilities / Assets

56th percentile

0.07x

Higher debt load relative to assets than 56% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.04x

Higher debt load relative to revenue than 59% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Source year 2024

Net Margin

47th percentile

2.4%

Higher net margin than 47% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

75th percentile

$77,308

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 11.8% of source-year revenue.

NTEE P • $500k-$1M nonprofits • Source year 2024

Asset Growth

51st percentile

5.2%

Faster asset growth than 51% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

17%

Faster revenue growth than 61% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$443,549

Up $22,036 (+5.2%) from 2023

Liabilities

Up

$29,539

Up $5,408 (+22%) from 2023

Net Assets

Up

$414,010

Up $16,628 (+4.2%) from 2023

Operations
Liabilities / Revenue59th percentileNet Margin47th percentile

Revenue

Up

$656,667

Up $96,915 (+17%) from 2023

Expenses

Up

$640,799

Up $8,997 (+1.4%) from 2023

Net Income

Up

$15,868

Up $87,918 (+122%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth51st percentile

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

$800K$600K$400K$200K$0Assets 2010: $29,692Liabilities 2010: $0Net Assets 2010: $29,6922010Assets 2011: $59,627Liabilities 2011: $7,235Net Assets 2011: $52,3922011Assets 2012: $81,441Liabilities 2012: $0Net Assets 2012: $81,4412012Assets 2013: $49,612Liabilities 2013: $10,231Net Assets 2013: $39,3812013Assets 2014: $37,547Liabilities 2014: $8,5002014Assets 2015: $392,898Liabilities 2015: $18,434Net Assets 2015: $374,4642015Assets 2016: $453,244Liabilities 2016: $20,553Net Assets 2016: $432,6912016Assets 2017: $630,522Liabilities 2017: $21,878Net Assets 2017: $608,6442017Assets 2018: $655,645Liabilities 2018: $17,534Net Assets 2018: $638,1112018Assets 2019: $507,962Liabilities 2019: $26,262Net Assets 2019: $481,7002019Assets 2020: $621,511Liabilities 2020: $96,039Net Assets 2020: $525,4722020Assets 2021: $483,767Liabilities 2021: $34,202Net Assets 2021: $449,5652021Assets 2022: $490,577Liabilities 2022: $21,145Net Assets 2022: $469,4322022Assets 2023: $421,513Liabilities 2023: $24,131Net Assets 2023: $397,3822023Assets 2024: $443,549Liabilities 2024: $29,539Net Assets 2024: $414,0102024

Highlighted filing

2024

Assets$443,549
Liabilities$29,539
Net Assets$414,010
Open 2024 Filing

Operations Trend

Revenue Growth61st percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $119,370Expenses 2010: $90,951Net Income 2010: $28,4192010Revenue 2011: $120,160Expenses 2011: $97,460Net Income 2011: $22,7002011Revenue 2012: $122,498Expenses 2012: $93,449Net Income 2012: $29,0492012Revenue 2013: $127,081Expenses 2013: $169,141Net Income 2013: -$42,0602013Revenue 2014: $118,631Expenses 2014: $128,965Net Income 2014: -$10,3342014Revenue 2015: $543,024Expenses 2015: $209,940Net Income 2015: $333,0842015Revenue 2016: $436,758Expenses 2016: $378,531Net Income 2016: $58,2272016Revenue 2017: $590,589Expenses 2017: $414,636Net Income 2017: $175,9532017Revenue 2018: $559,068Expenses 2018: $529,601Net Income 2018: $29,4672018Revenue 2019: $506,039Expenses 2019: $662,450Net Income 2019: -$156,4112019Revenue 2020: $1,137,254Expenses 2020: $1,093,482Net Income 2020: $43,7722020Revenue 2021: $488,279Expenses 2021: $564,186Net Income 2021: -$75,9072021Revenue 2022: $471,706Expenses 2022: $466,757Net Income 2022: $4,9492022Revenue 2023: $559,752Expenses 2023: $631,802Net Income 2023: -$72,0502023Revenue 2024: $656,667Expenses 2024: $640,799Net Income 2024: $15,8682024

Highlighted filing

2024

Revenue$656,667
Expenses$640,799
Net Income$15,868
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$443,549
Liabilities
$29,539
Net assets
$414,010
Revenue
$656,667
Expenses
$640,799
Net income
$15,868
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.03$0.41$0.66$0.64$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.42$0.02$0.40$0.56$0.63$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.49$0.02$0.47$0.47$0.47$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.48$0.03$0.45$0.49$0.56$0.08
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.62$0.10$0.53$1.14$1.09$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.03$0.48$0.51$0.66$0.16
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.66$0.02$0.64$0.56$0.53$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.02$0.61$0.59$0.41$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.02$0.43$0.44$0.38$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.02$0.37$0.54$0.21$0.33
2014Summary only. Only limited summary data is available for this year.$0.04$0.01$0.12$0.13$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.05$0.01$0.04$0.13$0.17$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.12$0.09$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.01$0.05$0.12$0.10$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.12$0.09$0.03
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 11, 2024
Return Version
2023v5.1
Gross Receipts
$611,200
Mission and Program Overview

Mission

The organization serves hispanic individuals by providing instruction on personal finances and how to access the financial system.

Qualitas of life foundation is a non-profit organization that provides basic financial education to hispanic individuals and their families in order to foster their financial security and improve their standard of living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$156,580$232,450▲ $75,870
Savings and Temporary Cash Investments$279,751$168,854▼ $110,897
Pledges and Grants Receivable$46,011$13,144▼ $32,867
Prepaid Expenses and Deferred Charges$5,083$3,611▼ $1,472
Land, Buildings, and Equipment, Net$3,152$3,454▲ $302
Total Assets$490,577$421,513▼ $69,064
Liabilities
Accounts Payable and Accrued Expenses$21,145$24,131▲ $2,986
Total Liabilities$21,145$24,131▲ $2,986
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$469,432$397,382▼ $72,050
Total Net Assets Fund Balance$469,432$397,382▼ $72,050
Total Liabilities and Net Assets / Fund Balance$490,577$421,513▼ $69,064

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,454$2,527$5,981
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Myriam E ReblingExecutive DirectorFT$75,056$75,056

Board Members and Trustees

NameTitle
Leigh RovzarChairman
Carla HammondDirector
Jorge Suarez-velezDirector
Marcela OrvananosDirector
Miguel ZabludovskyDirector
Rebeca EspinosaDirector
Rusell G Byers JrDirector
Ryan C GaubertDirector
Jorge KuriDirector (thru September 2023)
Ivana EstradaSecretary
Gregorio SchneiderTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$608,984
Program Service Revenue
$0
Investment Income
$2,216
Other Revenue
$-51,448
All Other Contributions
$491,069
Change in Net Assets
$-72,050
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$402,256
Other Expenses$229,546
Total Fundraising Expense$107,366
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$274,340$58,063$35,188$367,591
Fees for Services Other$60,259$5,975$54,613$120,847
Payroll Taxes$22,640$9,121$2,904$34,665
Fees for Services Accounting-$18,008-$18,008
Insurance$8,144$2,372-$10,516
Office Expenses$3,054$6,158-$9,212
Other Expenses$7,861$1,431$14,661$7,861
Travel$3,812$3,381-$7,193
Advertising$3,239--$3,239
All Other Expenses-$1,563-$1,563
Depreciation Depletion-$786-$786
Fees for Services Legal-$642-$642
Total Functional Expenses$416,936$107,500$107,366$631,802
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$51,448
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
15th Anniversary$83,760-$48,048-
Total Events$83,760-$51,448$-51,448
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The chairperson and the organization's founder are family members. The executive director and a board member are husband and wife.”

Form 990, Part VI, Section A, Line 8B

“The committee does not have the authority to act on behalf of the governing body. They only act as advisers. The decisions are made by the members of the board.”

Form 990, Part VI, Section B, Line 11B

“The return is reviewed by the finance officer, audit committee, executive director and chairperson prior to filing of the return.”

Form 990, Part VI, Section B, Line 12C

“Officers and directors are required to complete a conflict of interest statement upon joining the organization. Any perceived or disclosed conflicts would be discussed by the board and resolved.”

Form 990, Part VI, Section B, Line 15

“The finance committee and the chairperson review comparable compensations and the approved budget and make a decision in conjunction with the board.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Qualitas of Life Foundation
EIN
06-1833489
Phone
6468852295
Address
1221 AVENUE OF THE AMERICAS 43S093, NEW YORK, NY 10020

Signing Officer

Name
Leigh Rovzar
Title
Chairperson
Phone
2127391661
Signed
2024-09-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leigh Rovzar
Formed
2007
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
24
Volunteers
48

Preparer

Firm
Sheehan & Company CPA Pc
Address
165 ORINOCO DRIVE, BRIGHTWATERS, NY 11718
Preparer
Anthony P Mariani
Phone
6316657040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting: program service expenses 60,259. Management and general expenses 5,975. Fundraising expenses 48,071. Total expenses 114,305. Contract services: program service expenses 0. Management and general expenses 0. Fundraising expenses 6,542. Total expenses 6,542.”

FORM 990, PART XII LINE 2C:

“There were no changes to the oversight or selection processes during the year.”

SCHEDULE G, PART II:

“During 2023 the organization held its 15th anniversary gala in which a donor directly paid for costs associated with the event. Donated event costs related to the event totaled $36,642.”

Financial Statement Notes

PART X, LINE 2:

“The organization has been incorporated as a not-for-profit corporation under the laws of new york state. The internal revenue service has granted approval for tax exempt status under section 501(c)(3) of the internal revenue code (the code). Accordingly, no provision for federal or local income taxes has been provided for in the accompanying financial statements. During the year ended december 31, 2023, the organization did not recognize or accrue any interest or penalties related to unrecognized tax benefits in its statement of activities.”

Raw XML AppendixShowing 400 of 447 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt021145
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt024131
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0QUALITAS OF LIFE FOUNDATION IS A NON-PROFIT ORGANIZATION THAT PROVIDES BASIC FINANCIAL EDUCATION TO HISPANIC INDIVIDUALS AND THEIR FAMILIES IN ORDER TO FOSTER THEIR FINANCIAL SECURITY AND IMPROVE THEIR STANDARD OF LIVING.
IRS990/AdvertisingGrp/ProgramServicesAmt03239
IRS990/AdvertisingGrp/TotalAmt03239
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IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06468852295
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01221 AVENUE OF THE AMERICAS SUITE
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010020
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0156580
IRS990/CashNonInterestBearingGrp/EOYAmt0232450
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt083760
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0608984
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02216
IRS990/CYOtherExpensesAmt0229546
IRS990/CYOtherRevenueAmt0-51448
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-72050
IRS990/CYSalariesCompEmpBnftPaidAmt0402256
IRS990/CYTotalExpensesAmt0631802
IRS990/CYTotalFundraisingExpenseAmt0107366
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0559752
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0786
IRS990/DepreciationDepletionGrp/TotalAmt0786
IRS990/Desc0THE ORGANIZATION HELPS HISPANIC INDIVIDUALS AND FAMILIES IN PROVIDING INSTRUCTION AND EDUCATIONAL WORKSHOPS ON PERSONAL FINANCES AND HOW TO ACCESS DIFFERENT FINANCIAL INSTITUTIONS. THROUGH THESE WORKSHOPS, PARTICIPANTS ARE ABLE TO USE THE AVAILABLE RESOURCES TO IMPROVE THEIR PERSONAL FINANCES AND PROVIDE MORE OPPORTUNITIES FOR THEIR FAMILIES. WHAT MAKES THE PROGRAM UNIQUE IS THE WAY IN WHICH TRUST-BUILDING, SELF-EMPOWERMENT AND COMMUNITY-BUILDING ELEMENTS HAVE BEEN STRATEGICALLY EMBEDDED INTO THE CURRICULUM. THE MAIN OBJECTIVE OF THE ORGANIZATION IS FOR EACH STUDENT TO UNDERSTAND THEIR FINANCIAL SITUATION, ESTABLISH A CLEAR FINANCIAL GOAL AND ACQUIRE THE KNOWLEDGE AND DEVELOP THE SKILLS AND HABITS REQUIRED TO ACHIEVE IT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
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IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt024
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0416936
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018008
IRS990/FeesForServicesAccountingGrp/TotalAmt018008
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0642
IRS990/FeesForServicesLegalGrp/TotalAmt0642
IRS990/FeesForServicesOtherGrp/FundraisingAmt054613
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05975
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt060259
IRS990/FeesForServicesOtherGrp/TotalAmt0120847
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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IRS990/Form990PartVIISectionAGrp/PersonNm0RUSELL G BYERS JR
IRS990/Form990PartVIISectionAGrp/PersonNm1LEIGH ROVZAR
IRS990/Form990PartVIISectionAGrp/PersonNm2GREGORIO SCHNEIDER
IRS990/Form990PartVIISectionAGrp/PersonNm3JORGE SUAREZ-VELEZ
IRS990/Form990PartVIISectionAGrp/PersonNm4MIGUEL ZABLUDOVSKY
IRS990/Form990PartVIISectionAGrp/PersonNm5IVANA ESTRADA
IRS990/Form990PartVIISectionAGrp/PersonNm6MARCELA ORVANANOS
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IRS990/Form990PartVIISectionAGrp/PersonNm8REBECA ESPINOSA
IRS990/Form990PartVIISectionAGrp/PersonNm9CARLA HAMMOND
IRS990/Form990PartVIISectionAGrp/PersonNm10JORGE KURI
IRS990/Form990PartVIISectionAGrp/PersonNm11MYRIAM E REBLING
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR (THRU SEPTEMBER 2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt083760
IRS990/FundraisingDirectExpensesAmt051448
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt034155
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0611200
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02372
IRS990/InsuranceGrp/ProgramServicesAmt08144
IRS990/InsuranceGrp/TotalAmt010516
IRS990/InvestmentIncomeGrp/ExclusionAmt02216
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02216
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02527
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03152
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03454
IRS990/LandBldgEquipCostOrOtherBssAmt05981
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION SERVES HISPANIC INDIVIDUALS BY PROVIDING INSTRUCTION ON PERSONAL FINANCES AND HOW TO ACCESS THE FINANCIAL SYSTEM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0469432
IRS990/NetAssetsOrFundBalancesEOYAmt0397382
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-51448
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-51448
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0469432
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0397382
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06158
IRS990/OfficeExpensesGrp/ProgramServicesAmt03054
IRS990/OfficeExpensesGrp/TotalAmt09212
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0WORKSHOP EXPENSES
IRS990/OtherExpensesGrp/Desc1FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3PERMITS AND LICENSES
IRS990/OtherExpensesGrp/FundraisingAmt014661
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01431
IRS990/OtherExpensesGrp/ProgramServicesAmt024225
IRS990/OtherExpensesGrp/ProgramServicesAmt19362
IRS990/OtherExpensesGrp/ProgramServicesAmt27861
IRS990/OtherExpensesGrp/TotalAmt024225
IRS990/OtherExpensesGrp/TotalAmt114661
IRS990/OtherExpensesGrp/TotalAmt210793
IRS990/OtherExpensesGrp/TotalAmt37861
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt035188
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt058063
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0274340
IRS990/OtherSalariesAndWagesGrp/TotalAmt0367591
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02904
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09121
IRS990/PayrollTaxesGrp/ProgramServicesAmt022640
IRS990/PayrollTaxesGrp/TotalAmt034665
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt046011
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt013144
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05083
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03611
IRS990/PrincipalOfficerNm0LEIGH ROVZAR
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0470116
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01590
IRS990/PYOtherExpensesAmt0208033
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt04949
IRS990/PYSalariesCompEmpBnftPaidAmt0258724
IRS990/PYTotalExpensesAmt0466757
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0471706
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-72050
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0279751
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0168854
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0608984
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0470116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0488173
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01137156
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0505688
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03210117
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02216
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01590
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0106
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt098
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0351
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04361
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87580
IRS990ScheduleA/PublicSupportPY170Pct00.86660
IRS990ScheduleA/PublicSupportTotal170Amt02815317
IRS990ScheduleA/SubstantialContributorsTotAmt0394800
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0608984
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0470116
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0488173
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01137156
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0505688
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03210117
IRS990ScheduleA/TotalSupportAmt03214478
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt03454
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02527
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05981
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS BEEN INCORPORATED AS A NOT-FOR-PROFIT CORPORATION UNDER THE LAWS OF NEW YORK STATE. THE INTERNAL REVENUE SERVICE HAS GRANTED APPROVAL FOR TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE). ACCORDINGLY, NO PROVISION FOR FEDERAL OR LOCAL INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. DURING THE YEAR ENDED DECEMBER 31, 2023, THE ORGANIZATION DID NOT RECOGNIZE OR ACCRUE ANY INTEREST OR PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN ITS STATEMENT OF ACTIVITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03454
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt083760
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt083760
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt051448
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt02200
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt02200
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm015TH ANNIVERSARY
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01200
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01200
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt083760
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt083760
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-51448
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt048048
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt048048
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHAIRPERSON AND THE ORGANIZATION'S FOUNDER ARE FAMILY MEMBERS. THE EXECUTIVE DIRECTOR AND A BOARD MEMBER ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMMITTEE DOES NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THEY ONLY ACT AS ADVISERS. THE DECISIONS ARE MADE BY THE MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN IS REVIEWED BY THE FINANCE OFFICER, AUDIT COMMITTEE, EXECUTIVE DIRECTOR AND CHAIRPERSON PRIOR TO FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS AND DIRECTORS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT UPON JOINING THE ORGANIZATION. ANY PERCEIVED OR DISCLOSED CONFLICTS WOULD BE DISCUSSED BY THE BOARD AND RESOLVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FINANCE COMMITTEE AND THE CHAIRPERSON REVIEW COMPARABLE COMPENSATIONS AND THE APPROVED BUDGET AND MAKE A DECISION IN CONJUNCTION WITH THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTING: PROGRAM SERVICE EXPENSES 60,259. MANAGEMENT AND GENERAL EXPENSES 5,975. FUNDRAISING EXPENSES 48,071. TOTAL EXPENSES 114,305. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 6,542. TOTAL EXPENSES 6,542.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THERE WERE NO CHANGES TO THE OVERSIGHT OR SELECTION PROCESSES DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DURING 2023 THE ORGANIZATION HELD ITS 15TH ANNIVERSARY GALA IN WHICH A DONOR DIRECTLY PAID FOR COSTS ASSOCIATED WITH THE EVENT. DONATED EVENT COSTS RELATED TO THE EVENT TOTALED $36,642.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8SCHEDULE G, PART II:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0490577
IRS990/TotalAssetsEOYAmt0421513
IRS990/TotalAssetsGrp/BOYAmt0490577
IRS990/TotalAssetsGrp/EOYAmt0421513
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0608984
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0107366
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0107500
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0416936
IRS990/TotalFunctionalExpensesGrp/TotalAmt0631802
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021145
IRS990/TotalLiabilitiesEOYAmt024131
IRS990/TotalLiabilitiesGrp/BOYAmt021145
IRS990/TotalLiabilitiesGrp/EOYAmt024131
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0469432
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0397382
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0416936
IRS990/TotalReportableCompFromOrgAmt075056
IRS990/TotalRevenueGrp/ExclusionAmt0-49232
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0559752
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

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