Civic Intelligence

Spanish Speaking Elderly Council - Raices Inc.

990 • Fiscal year 2023 • EIN 11-2730462

Jul 01, 2022 to Jun 30, 2023 • Filed on May 03, 2024

Organization ProfileWWW.RAICES.US
460 Atlantic AvenueBrooklyn, NY 11217

(718) 643-0232

Siviq Scores

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

Liabilities / Assets

91st percentile

0.82x

Higher debt load relative to assets than 91% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

82nd percentile

0.59x

Higher debt load relative to revenue than 82% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

51st percentile

4.4%

Higher net margin than 51% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

89th percentile

$188,530

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

96th percentile

162%

Faster asset growth than 96% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

47th percentile

5.3%

Faster revenue growth than 47% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$2,481,729

Up $1,533,874 (+162%) from 2022

Net Assets

Up

$434,869

Up $154,686 (+55%) from 2022

Liabilities

Up

$2,046,860

Up $1,379,188 (+207%) from 2022

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin51st percentile

Revenue

Up

$3,497,237

Up $177,189 (+5.3%) from 2022

Expenses

Up

$3,342,551

Up $125,368 (+3.9%) from 2022

Net Income

Up

$154,686

Up $51,821 (+50%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $442,380Liabilities 2011: $643,763Net Assets 2011: -$201,3832011Assets 2012: $396,655Liabilities 2012: $754,137Net Assets 2012: -$357,4822012Assets 2013: $496,699Liabilities 2013: $813,684Net Assets 2013: -$316,9852013Assets 2014: $402,270Liabilities 2014: $793,911Net Assets 2014: -$391,6412014Assets 2015: $613,635Liabilities 2015: $1,026,456Net Assets 2015: -$412,8212015Assets 2016: $551,312Liabilities 2016: $831,205Net Assets 2016: -$279,8932016Assets 2017: $530,040Liabilities 2017: $795,272Net Assets 2017: -$265,2322017Assets 2018: $802,787Liabilities 2018: $793,110Net Assets 2018: $9,6772018Assets 2019: $940,396Liabilities 2019: $888,214Net Assets 2019: $52,1822019Assets 2020: $935,670Liabilities 2020: $835,548Net Assets 2020: $100,1222020Assets 2021: $674,566Liabilities 2021: $497,248Net Assets 2021: $177,3182021Assets 2022: $947,855Liabilities 2022: $667,672Net Assets 2022: $280,1832022Assets 2023: $2,481,729Liabilities 2023: $2,046,860Net Assets 2023: $434,8692023Assets 2024: $2,333,584Liabilities 2024: $1,804,492Net Assets 2024: $529,0922024

Highlighted filing

2023

Assets$2,481,729
Liabilities$2,046,860
Net Assets$434,869
Open 2023 Filing

Operations Trend

Revenue Growth47th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,433,236Expenses 2011: $2,589,407Net Income 2011: -$156,1712011Revenue 2012: $2,433,481Expenses 2012: $2,589,580Net Income 2012: -$156,0992012Revenue 2013: $2,881,978Expenses 2013: $2,841,481Net Income 2013: $40,4972013Revenue 2014: $2,693,728Expenses 2014: $2,768,384Net Income 2014: -$74,6562014Revenue 2015: $2,973,545Expenses 2015: $2,994,725Net Income 2015: -$21,1802015Revenue 2016: $2,980,103Expenses 2016: $2,847,175Net Income 2016: $132,9282016Revenue 2017: $3,099,632Expenses 2017: $3,084,971Net Income 2017: $14,6612017Revenue 2018: $3,441,635Expenses 2018: $3,166,726Net Income 2018: $274,9092018Revenue 2019: $3,119,979Expenses 2019: $3,077,474Net Income 2019: $42,5052019Revenue 2020: $3,085,011Expenses 2020: $3,037,071Net Income 2020: $47,9402020Revenue 2021: $2,904,425Expenses 2021: $2,827,229Net Income 2021: $77,1962021Revenue 2022: $3,320,048Expenses 2022: $3,217,183Net Income 2022: $102,8652022Revenue 2023: $3,497,237Expenses 2023: $3,342,551Net Income 2023: $154,6862023Revenue 2024: $3,708,605Expenses 2024: $3,614,382Net Income 2024: $94,2232024

Highlighted filing

2023

Revenue$3,497,237
Expenses$3,342,551
Net Income$154,686
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 3, 2024
Return Version
2022v5.0
Gross Receipts
$3,528,722
Mission and Program Overview

Mission

Raices' mission is to respond to the unmet needs of the latino, african-american and low-income community and seek to improve their quality of life through advocacy and the direct provision of targeted services with work across the generations and a particular emphasis on the needs of older adults.

To provide case assistance information and outreach services in response to the needs of hispanics and other low-income seniors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$458,450$606,597▲ $148,147
Savings and Temporary Cash Investments$489,405$377,852▼ $111,553
Total Assets$947,855$2,481,729▲ $1,533,874
Other Assets Total$0$1,497,280▲ $1,497,280
Liabilities
Other Liabilities$409,381$1,876,647▲ $1,467,266
Accounts Payable and Accrued Expenses$258,291$170,213▼ $88,078
Total Liabilities$667,672$2,046,860▲ $1,379,188
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$280,183$434,869▲ $154,686
Total Net Assets Fund Balance$280,183$434,869▲ $154,686
Total Liabilities and Net Assets / Fund Balance$947,855$2,481,729▲ $1,533,874

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,497,280--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisette Sosa-dicksonExecutive DirectorFT$150,143$38,387$188,530
Yvonne CottoAssociate DirectorFT$102,270$13,425$115,695

Board Members and Trustees

NameTitle
Damaris SantiagoChairperson
Annie McqueenDirector
Yolanda DiazDirector
Rose GaynusSecretary
Edwin SalasTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Salsa Caterers And Special EventsCatering And Special Events209 STEVENS AVENUE, Mount Vernon, NY 10550$209,964
Creative Data Systems INCAccounting And Fiscal Services11 OVERHILL DRIVE, Old Bridge, NJ 08857$147,000
Leche Y Miel RestaurantFood Services5761 BROADWAY, Bronx, NY 10463$115,134
Revenue and Support

Revenue Composition

Contributions and Grants
$3,396,342
Program Service Revenue
$99,789
Investment Income
$321
Other Revenue
$785
All Other Contributions
$95,305
Change in Net Assets
$154,686

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,497,237
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$998,634
Total Revenue per Audited Statements
$4,495,871
Total Revenue per Form 990
$3,497,237
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,932,162
Other Expenses$1,410,389
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,267,102$78,580-$1,345,682
Occupancy$319,699$1,218-$320,917
Fees for Services Other$114,725$159,388-$274,113
Other Employee Benefits$255,739$4,648-$260,387
Current Officers, Directors, Trustees, and Key Employees$106,541$83,711-$190,252
Office Expenses$159,026$1,936-$160,962
Payroll Taxes$125,828$10,013-$135,841
Information Technology$69,838$936-$70,774
Fees for Services Legal-$32,100-$32,100
Insurance$19,912$2,698-$22,610
Travel$11,513$2,120-$13,633
Advertising$675$3,984-$4,659
Fees for Services Management-$4,617-$4,617
Other Expenses$39,177$4,349-$4,349
Total Functional Expenses$2,952,253$390,298$0$3,342,551

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,341,185
Expenses per Audited Statements$3,342,551
Total Expenses per Form 990$3,342,551
Expenses Not Reported on Form 990$998,634
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$31,485
Fundraising Gross Income$7,920
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$49,413$7,920$10,709$-2,789
Total Events$49,413$7,920$31,485$-23,565
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$1,509,912
Due to Third Party Payors$366,735
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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, Part VI, Section B, Line 11B

“Raices has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, each member of the board is provided with an electronic copy of the form 990 for their review. Once the review is completed, the board approves the form 990 and it is filed with the irs.”

Form 990, Part VI, Section B, Line 15A

“Compensation for the executive director is determined by the board of directors using compensation data from similar non-profit organizations. The board reviews and approves compensation for the executive director. The process was last undertaken in fy2023.”

Form 990, Part VI, Section C, Line 19

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, form 990, and by-laws are also available upon written request.”

Filing and Contact Details

Filer

Filer Name
Spanish Speaking Elderly Council -
EIN
11-2730462
Phone
7186430232
Address
460 ATLANTIC AVENUE, BROOKLYN, NY 11217

Signing Officer

Name
Damaris Santiago
Title
Chairperson
Phone
7186430232
Signed
2024-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Damaris Santiago
Formed
1983
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
43
Volunteers
100

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
245 PARK AVENUE 12TH FLOOR, NEW YORK, NY 10167
Preparer
Eva Mruk
Phone
2122862600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has a committee that assumes responsibility for oversight of the annual audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Raices recognizes the effect of income tax positions only when they are more likely than not of being sustained. Management has determined that raices had no uncertain tax positions that would require financial statement recognition or disclosure. Raices is no longer subject to examinations by the applicable taxing jurisdiction for fiscal periods prior to june 30, 2020.”

Raw XML AppendixShowing 400 of 510 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0258291
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0170213
IRS990/AccountsReceivableGrp/BOYAmt0458450
IRS990/AccountsReceivableGrp/EOYAmt0606597
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE CASE ASSISTANCE INFORMATION AND OUTREACH SERVICES IN RESPONSE TO THE NEEDS OF HISPANICS AND OTHER LOW-INCOME SENIORS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03984
IRS990/AdvertisingGrp/ProgramServicesAmt0675
IRS990/AdvertisingGrp/TotalAmt04659
IRS990/AllOtherContributionsAmt095305
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TRU SHAH CREATIVE DATA SYSTEMS
IRS990/BooksInCareOfDetail/PhoneNum07186430232
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011 OVERHILL DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0OLD BRIDGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd008857
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt083711
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0106541
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0190252
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0209964
IRS990/ContractorCompensationGrp/CompensationAmt1147000
IRS990/ContractorCompensationGrp/CompensationAmt2115134
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0209 STEVENS AVENUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt111 OVERHILL DRIVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt25761 BROADWAY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0MOUNT VERNON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1OLD BRIDGE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2BRONX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1NJ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd010550
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd108857
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd210463
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SALSA CATERERS AND SPECIAL EVENTS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1CREATIVE DATA SYSTEMS INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2LECHE Y MIEL RESTAURANT
IRS990/ContractorCompensationGrp/ServicesDesc0CATERING AND SPECIAL EVENTS
IRS990/ContractorCompensationGrp/ServicesDesc1ACCOUNTING AND FISCAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc2FOOD SERVICES
IRS990/ContriRptFundraisingEventAmt041493
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03396342
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0321
IRS990/CYOtherExpensesAmt01410389
IRS990/CYOtherRevenueAmt0785
IRS990/CYProgramServiceRevenueAmt099789
IRS990/CYRevenuesLessExpensesAmt0154686
IRS990/CYSalariesCompEmpBnftPaidAmt01932162
IRS990/CYTotalExpensesAmt03342551
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03497237
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE SPANISH SPEAKING ELDERLY COUNCIL-RAICES (RAICES) THROUGH ITS NINE (9) SENIOR CENTERS, ITS OUTPATIENT MENTAL HEALTH CLINIC AND THE RAICES ACCESS PROGRAM PROVIDES CONGREGATE BREAKFASTS, CONGREGATE LUNCH, CASE ASSISTANCE, NUTRITION EDUCATION, EDUCATIONAL AND RECREATIONAL ACTIVITIES, CELEBRATION OF CULTURAL EVENTS, HEALTH PROMOTION, OUTREACH SERVICES, BENEFIT AND ENTITLEMENT COUNSELING, MENTAL HEALTH INTERVENTION, AND OTHER SOCIAL SERVICES, TO APPROXIMATELY 2,074 HISPANIC, BLACK AND LOW INCOME PARTICIPANTS ON A YEARLY BASIS. THROUGH THESE SERVICES IN FISCAL YEAR 2023, RAICES PROVIDED 4,950 CASE ASSISTANCE AND 6,124 INFORMATION AND REFERRAL.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt043
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02952253
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt032100
IRS990/FeesForServicesLegalGrp/TotalAmt032100
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt04617
IRS990/FeesForServicesManagementGrp/TotalAmt04617
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0159388
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0114725
IRS990/FeesForServicesOtherGrp/TotalAmt0274113
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt538387
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt613425
IRS990/Form990PartVIISectionAGrp/PersonNm0DAMARIS SANTIAGO
IRS990/Form990PartVIISectionAGrp/PersonNm1ROSE GAYNUS
IRS990/Form990PartVIISectionAGrp/PersonNm2EDWIN SALAS
IRS990/Form990PartVIISectionAGrp/PersonNm3YOLANDA DIAZ
IRS990/Form990PartVIISectionAGrp/PersonNm4ANNIE MCQUEEN
IRS990/Form990PartVIISectionAGrp/PersonNm5LISETTE SOSA-DICKSON
IRS990/Form990PartVIISectionAGrp/PersonNm6YVONNE COTTO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5150143
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6102270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6ASSOCIATE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt041493
IRS990/FundraisingDirectExpensesAmt031485
IRS990/FundraisingGrossIncomeAmt07920
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt03259544
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03528722
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0936
IRS990/InformationTechnologyGrp/ProgramServicesAmt069838
IRS990/InformationTechnologyGrp/TotalAmt070774
IRS990/InsuranceGrp/ManagementAndGeneralAmt02698
IRS990/InsuranceGrp/ProgramServicesAmt019912
IRS990/InsuranceGrp/TotalAmt022610
IRS990/InvestmentIncomeGrp/ExclusionAmt0321
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0321
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0RAICES' MISSION IS TO RESPOND TO THE UNMET NEEDS OF THE LATINO, AFRICAN-AMERICAN AND LOW-INCOME COMMUNITY AND SEEK TO IMPROVE THEIR QUALITY OF LIFE THROUGH ADVOCACY AND THE DIRECT PROVISION OF TARGETED SERVICES WITH WORK ACROSS THE GENERATIONS AND A PARTICULAR EMPHASIS ON THE NEEDS OF OLDER ADULTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0280183
IRS990/NetAssetsOrFundBalancesEOYAmt0434869
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-23565
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-23565
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0280183
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0434869
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01218
IRS990/OccupancyGrp/ProgramServicesAmt0319699
IRS990/OccupancyGrp/TotalAmt0320917
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01936
IRS990/OfficeExpensesGrp/ProgramServicesAmt0159026
IRS990/OfficeExpensesGrp/TotalAmt0160962
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt01497280
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04648
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0255739
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0260387
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1OTHER DIRECT OPERATING
IRS990/OtherExpensesGrp/Desc2EQUIPMENT/RENTAL
IRS990/OtherExpensesGrp/Desc3STAFF TRAINING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04349
IRS990/OtherExpensesGrp/ProgramServicesAmt0416238
IRS990/OtherExpensesGrp/ProgramServicesAmt146240
IRS990/OtherExpensesGrp/ProgramServicesAmt239177
IRS990/OtherExpensesGrp/TotalAmt0416238
IRS990/OtherExpensesGrp/TotalAmt146240
IRS990/OtherExpensesGrp/TotalAmt239177
IRS990/OtherExpensesGrp/TotalAmt34349
IRS990/OtherLiabilitiesGrp/BOYAmt0409381
IRS990/OtherLiabilitiesGrp/EOYAmt01876647
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0SR CENTER ACTIVITIES
IRS990/OtherRevenueMiscGrp/Desc1SETTLEMENT PAYMENT
IRS990/OtherRevenueMiscGrp/ExclusionAmt016910
IRS990/OtherRevenueMiscGrp/ExclusionAmt17440
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016910
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt17440
IRS990/OtherRevenueTotalAmt024350
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt078580
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01267102
IRS990/OtherSalariesAndWagesGrp/TotalAmt01345682
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010013
IRS990/PayrollTaxesGrp/ProgramServicesAmt0125828
IRS990/PayrollTaxesGrp/TotalAmt0135841
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DAMARIS SANTIAGO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0621110
IRS990/ProgramServiceRevenueGrp/BusinessCd1624200
IRS990/ProgramServiceRevenueGrp/Desc0THIRD PARTY PAYMENTS
IRS990/ProgramServiceRevenueGrp/Desc1MEDICARE/MEDICAID PYMT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt078551
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt121238
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt078551
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt121238
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03211422
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0135
IRS990/PYOtherExpensesAmt01364665
IRS990/PYOtherRevenueAmt021189
IRS990/PYProgramServiceRevenueAmt087302
IRS990/PYRevenuesLessExpensesAmt0102865
IRS990/PYSalariesCompEmpBnftPaidAmt01852518
IRS990/PYTotalExpensesAmt03217183
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03320048
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0154686
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt099789
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0489405
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0377852
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2019 AMOUNT: $ 28,193. 2020 AMOUNT: $ 2,480. TRANSPORTATION INCOME - 2018 AMOUNT: $ 2,257. SETTLEMENT PAYMENT - 2021 AMOUNT: $ 7,440. 2022 AMOUNT: $ 7,440. SR CENTER ACTIVITIES - 2021 AMOUNT: $ 13,749. 2022 AMOUNT: $ 16,910.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03396342
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03211422
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02813680
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03034874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02741311
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt015197629
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0998634
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0404014
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0404014
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0404014
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0404014
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt02614690
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0321
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0135
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0507
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0735
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0838
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02536
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0658560
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt024350
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt021189
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02480
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt028193
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02257
IRS990ScheduleA/OtherIncome170Grp/TotalAmt078469
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99470
IRS990ScheduleA/PublicSupportPY170Pct00.99470
IRS990ScheduleA/PublicSupportTotal170Amt017812319
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04394976
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03615436
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03217694
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03438888
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03145325
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt017812319
IRS990ScheduleA/TotalSupportAmt017906395
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt013071
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt013071
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/DonatedServicesAndUseFcltsAmt0998634
IRS990ScheduleD/DonatedServicesUseFcltsAmt0998634
IRS990ScheduleD/ExpensesNotReportedAmt0998634
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03342551
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01497280
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT OF USE ASSET - OPERATING LEASES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0366735
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11509912
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO THIRD PARTY PAYORS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt0998634
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03497237
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RAICES RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT RAICES HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. RAICES IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTION FOR FISCAL PERIODS PRIOR TO JUNE 30, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01497280
IRS990ScheduleD/TotalExpensesPerForm990Amt03342551
IRS990ScheduleD/TotalLiabilityAmt01876647
IRS990ScheduleD/TotalRevenuePerForm990Amt03497237
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04495871
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04341185
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt041493
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt041493
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt031485
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt010938
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt010938
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt049413
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt049413
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt07920
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt07920
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-23565
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010709
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010709
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt08838
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt08838
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0150143
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,481,729
Liabilities
$2,046,860
Net assets
$434,869
Revenue
$3,497,237
Expenses
$3,342,551
Net income
$154,686
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.33$1.80$0.53$3.71$3.61$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.48$2.05$0.43$3.50$3.34$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.67$0.28$3.32$3.22$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.50$0.18$2.90$2.83$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.84$0.10$3.09$3.04$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.89$0.05$3.12$3.08$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.79$0.01$3.44$3.17$0.27
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.80$0.27$3.10$3.08$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.83$0.28$2.98$2.85$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.61$1.03$0.41$2.97$2.99$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.40$0.79$0.39$2.69$2.77$0.07
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.50$0.81$0.32$2.88$2.84$0.04
2012Summary only. Only limited summary data is available for this year.$0.40$0.75$0.36$2.43$2.59$0.16
2011Summary only. Only limited summary data is available for this year.$0.44$0.64$0.20$2.43$2.59$0.16
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $1M-$5M nonprofits