Civic Intelligence

National Hispanic Business Group Ltd

990 • Fiscal year 2013 • EIN 13-3401149

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 13, 2014

880 Third Avenue-suite 1202New York, NY 10022

(212) 265-2664

Siviq Scores

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

Liabilities / Assets

57th percentile

0.02x

Higher debt load relative to assets than 57% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

63rd percentile

0.02x

Higher debt load relative to revenue than 63% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Net Margin

6th percentile

-38%

Higher net margin than 6% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Asset Growth

14th percentile

-23%

Faster asset growth than 14% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

36th percentile

-4.2%

Faster revenue growth than 36% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Down

$247,334

Down $74,647 (-23%) from 2012

Net Assets

Down

$243,512

Down $74,352 (-23%) from 2012

Liabilities

Down

$3,822

Down $295 (-7.2%) from 2012

Revenue

Down

$193,511

Down $8,449 (-4.2%) from 2012

Expenses

Up

$267,863

Up $93,457 (+54%) from 2012

Net Income

Down

-$74,352

Down $101,906 (-370%) from 2012

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $430,704Liabilities 2010: $3,696Net Assets 2010: $427,0082010Assets 2011: $294,704Liabilities 2011: $4,394Net Assets 2011: $290,3102011Assets 2012: $321,981Liabilities 2012: $4,117Net Assets 2012: $317,8642012Assets 2013: $247,334Liabilities 2013: $3,822Net Assets 2013: $243,5122013Assets 2014: $106,708Liabilities 2014: $10,256Net Assets 2014: $96,4522014Assets 2015: $201,684Liabilities 2015: $3,251Net Assets 2015: $198,4332015Assets 2016: $287,113Liabilities 2016: $6,951Net Assets 2016: $280,1622016Assets 2017: $294,820Liabilities 2017: $6,951Net Assets 2017: $287,8692017Assets 2018: $373,252Liabilities 2018: $3,749Net Assets 2018: $369,5032018Assets 2019: $401,786Liabilities 2019: $3,751Net Assets 2019: $398,0352019Assets 2020: $322,063Liabilities 2020: $3,749Net Assets 2020: $318,3142020Assets 2021: $272,827Liabilities 2021: $6,103Net Assets 2021: $266,7242021Assets 2022: $333,608Liabilities 2022: $3,750Net Assets 2022: $329,8582022Assets 2023: $363,562Liabilities 2023: $2,668Net Assets 2023: $360,8942023Assets 2024: $320,024Liabilities 2024: $3,750Net Assets 2024: $316,2742024

Highlighted filing

2013

Assets$247,334
Liabilities$3,822
Net Assets$243,512

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $225,1722010Revenue 2011: $95,389Expenses 2011: $232,087Net Income 2011: -$136,6982011Revenue 2012: $201,960Expenses 2012: $174,406Net Income 2012: $27,5542012Revenue 2013: $193,511Expenses 2013: $267,863Net Income 2013: -$74,3522013Revenue 2014: $134,467Expenses 2014: $281,527Net Income 2014: -$147,0602014Revenue 2015: $252,047Expenses 2015: $150,066Net Income 2015: $101,9812015Revenue 2016: $227,407Expenses 2016: $145,678Net Income 2016: $81,7292016Revenue 2017: $141,317Expenses 2017: $133,610Net Income 2017: $7,7072017Revenue 2018: $238,267Expenses 2018: $160,133Net Income 2018: $78,1342018Revenue 2019: $175,704Expenses 2019: $147,172Net Income 2019: $28,5322019Revenue 2020: $32,787Expenses 2020: $112,508Net Income 2020: -$79,7212020Revenue 2021: $59,615Expenses 2021: $111,205Net Income 2021: -$51,5902021Revenue 2022: $187,092Expenses 2022: $123,958Net Income 2022: $63,1342022Revenue 2023: $181,012Expenses 2023: $149,976Net Income 2023: $31,0362023Revenue 2024: $99,030Expenses 2024: $143,650Net Income 2024: -$44,6202024

Highlighted filing

2013

Revenue$193,511
Expenses$267,863
Net Income-$74,352
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 13, 2014
Return Version
2013v3.1
Gross Receipts
$368,668
Mission and Program Overview

Mission

To support, develop, strengthen and promote the image of the hispanic busineess and professional in general.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$261,504$171,800▼ $89,704
Savings and Temporary Cash Investments$31,542$31,555▲ $13
Accounts Receivable$11,455$18,180▲ $6,725
Prepaid Expenses and Deferred Charges-$12,500-
Intangible Assets$11,176$7,112▼ $4,064
Land, Buildings, and Equipment, Net$1,504$1,387▼ $117
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$321,981$247,334▼ $74,647
Other Assets Total$4,800$4,800→ $0
Liabilities
Accounts Payable and Accrued Expenses$4,116$3,821▼ $295
Other Liabilities$1$1→ $0
Total Liabilities$4,117$3,822▼ $295
Net Assets / Fund Balance
Unrestricted Net Assets$317,864$243,512▼ $74,352
Total Net Assets Fund Balance$317,864$243,512▼ $74,352
Total Liabilities and Net Assets / Fund Balance$321,981$247,334▼ $74,647

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,387$11,973$13,360
Equipment-$2,479$2,479
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert SanchezChairman
Samuel PadillaVice Chairman
Armando RodriguezBoard Member
Jesus LinaresBoard Member
William SotomayorBoard Member
Luis SegarraSecretary
Michael LipariTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$163,753
Program Service Revenue
$20,225
Investment Income
$18
Other Revenue
$9,515
Change in Net Assets
$-74,352

Audited Revenue Reconciliation

Revenue per Audited Statements
$193,511
Revenue Not Reported on Form 990
$175,157
Total Revenue per Audited Statements
$368,668
Total Revenue per Form 990
$193,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$188,976
Salaries, Compensation, and Employee Benefits$66,387
Grants and Similar Amounts Paid$12,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$96,167
Other Salaries and Wages---$61,000
Occupancy---$27,482
Grants to Domestic Individuals---$12,500
Office Expenses---$10,716
Payroll Taxes---$4,924
Depreciation Depletion---$4,181
Other Expenses---$3,000
Fees for Services Accounting---$2,925
All Other Expenses---$2,046
Other Employee Benefits---$463
Total Functional Expenses$0$0$0$267,863

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$443,020
Expenses per Audited Statements$267,863
Total Expenses per Form 990$267,863
Expenses Not Reported on Form 990$175,157
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$175,157
Fundraising Gross Income$175,157
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$223,890$135,933$61,866$74,067
Event 2$70,020$39,224$18,456$20,768
Total Events$293,910$175,157$175,157-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Members of the Board review the 990 draft and approve

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annual review for conflicts of interest

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All documents are available upon request

Filing and Contact Details

Filer

EIN
13-3401149
Phone
2122652664

Signing Officer

Name
Robert Sanchez
Title
Chairman
Signed
2014-11-13
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
20

Preparer

Preparer
Donalee R Berard
Phone
8453575668
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

National Hispanic Business Group has adopted the provisions of FIN 48(ASC 740).Under FIN 48, an organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more likely than not the position will be sustained upon examination by a taxing authority. NATIONAL HISPANC BUSINESS GROUP does not believe they have taken any material uncertain tax positions and, accordingly they have not recorded any liability for unrecognized tax benefits. The Organization has filed for and received income tax exemptions in the jurisdictions where required to do so.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

event expenses net on 990 $175157

Part XII, Line 2D: Other expenses and losses per audited F/S

event expenses net on 990 $175157

Raw XML AppendixShowing 400 of 420 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt04116
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03821
IRS990/AccountsReceivableGrp/BOYAmt011455
IRS990/AccountsReceivableGrp/EOYAmt018180
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO SUPPORT, DEVELOP, STRENGTHEN AND PROMOTE THE IMAGE OF THE HISPANIC BUSINEESS AND PROFESSIONAL IN GENERAL.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt02046
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0JACQUELINE PINA
IRS990/BooksInCareOfDetail/PhoneNum02122652664
IRS990/BooksInCareOfDetail/USAddress/AddressLine10880 THIRD AVENUE-SUITE 1202
IRS990/BooksInCareOfDetail/USAddress/City0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/State0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCode010022
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0261504
IRS990/CashNonInterestBearingGrp/EOYAmt0171800
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt0118753
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0163753
IRS990/CYGrantsAndSimilarPaidAmt012500
IRS990/CYInvestmentIncomeAmt018
IRS990/CYOtherExpensesAmt0188976
IRS990/CYOtherRevenueAmt09515
IRS990/CYProgramServiceRevenueAmt020225
IRS990/CYRevenuesLessExpensesAmt0-74352
IRS990/CYSalariesCompEmpBnftPaidAmt066387
IRS990/CYTotalExpensesAmt0267863
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0193511
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt04181
IRS990/Desc0National Hispanic Business Group awarded students of Hispanic heritage interested in business and industry with scholarships and provided networking benefits and opportunitues to its approximate thirty members through events and Holdiay Networking Symposium.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExcessBusinessHoldingsInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt02925
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt096167
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
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/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0ARMANDO RODRIGUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM SOTOMAYOR
IRS990/Form990PartVIISectionAGrp/PersonNm2JESUS LINARES
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT SANCHEZ
IRS990/Form990PartVIISectionAGrp/PersonNm4SAMUEL PADILLA
IRS990/Form990PartVIISectionAGrp/PersonNm5LUIS SEGARRA
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL LIPARI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0118753
IRS990/FundraisingDirectExpensesAmt0175157
IRS990/FundraisingGrossIncomeAmt0175157
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt012500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0368668
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt011176
IRS990/IntangibleAssetsGrp/EOYAmt07112
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt018
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt018
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014452
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01504
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01387
IRS990/LandBldgEquipCostOrOtherBssAmt015839
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt045000
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO SUPPORT, DEVELOP, STRENGTHEN AND PROMOTE THE IMAGE OF THE HISPANIC BUSINEESS AND PROFESSIONAL IN GENERAL.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0317864
IRS990/NetAssetsOrFundBalancesEOYAmt0243512
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt027482
IRS990/OfficeExpensesGrp/TotalAmt010716
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt04800
IRS990/OtherAssetsTotalGrp/EOYAmt04800
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0463
IRS990/OtherExpensesGrp/Desc0BUSINESS DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1Holiday Symposium
IRS990/OtherExpensesGrp/Desc2CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc3Annual Meetings
IRS990/OtherExpensesGrp/TotalAmt029041
IRS990/OtherExpensesGrp/TotalAmt17913
IRS990/OtherExpensesGrp/TotalAmt25505
IRS990/OtherExpensesGrp/TotalAmt33000
IRS990/OtherLiabilitiesGrp/BOYAmt01
IRS990/OtherLiabilitiesGrp/EOYAmt01
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/Desc1RECOVERY OF BAD DEBT
IRS990/OtherRevenueMiscGrp/Desc2SPONSORSHIPS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07715
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11800
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07715
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11800
IRS990/OtherRevenueTotalAmt09515
IRS990/OtherSalariesAndWagesGrp/TotalAmt061000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt04924
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012500
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0NETWORKING MEETINGS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt020225
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt020225
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0201000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt026250
IRS990/PYInvestmentIncomeAmt078
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt081526
IRS990/PYOtherRevenueAmt0-28898
IRS990/PYProgramServiceRevenueAmt029780
IRS990/PYRevenuesLessExpensesAmt027554
IRS990/PYSalariesCompEmpBnftPaidAmt066630
IRS990/PYTotalExpensesAmt0174406
IRS990/PYTotalRevenueAmt0201960
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-74352
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt031542
IRS990/SavingsAndTempCashInvstGrp/EOYAmt031555
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02479
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02479
IRS990ScheduleD/ExpensesNotReportedAmt0175157
IRS990ScheduleD/ExpensesSubtotalAmt0267863
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0175157
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01387
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011973
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013360
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/OtherRevenueAmt0175157
IRS990ScheduleD/RevenueNotReportedAmt0175157
IRS990ScheduleD/RevenueSubtotalAmt0193511
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0National Hispanic Business Group has adopted the provisions of FIN 48(ASC 740).Under FIN 48, an organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more likely than not the position will be sustained upon examination by a taxing authority. NATIONAL HISPANC BUSINESS GROUP does not believe they have taken any material uncertain tax positions and, accordingly they have not recorded any liability for unrecognized tax benefits. The Organization has filed for and received income tax exemptions in the jurisdictions where required to do so.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1event expenses net on 990 $175157
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2event expenses net on 990 $175157
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01387
IRS990ScheduleD/TotalExpensesPerForm990Amt0267863
IRS990ScheduleD/TotalLiabilityAmt01
IRS990ScheduleD/TotalRevenuePerForm990Amt0193511
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0368668
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0443020
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0118753
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt087957
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt030796
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0175157
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0223890
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt070020
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0293910
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0135933
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt039224
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0175157
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0DINNER DANCE
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt080322
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt061866
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt018456
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt074067
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt020768
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt094835
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt012500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS FOR EDUCATION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE NATIONAL HISPANIC BUSINESS GROUP MONITORS THAT THESE GRANT FUNDS ARE USED IN THE UNITED STATES
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members of the Board review the 990 draft and approve
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Annual review for conflicts of interest
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All documents are available upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0321981
IRS990/TotalAssetsEOYAmt0247334
IRS990/TotalAssetsGrp/BOYAmt0321981
IRS990/TotalAssetsGrp/EOYAmt0247334
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0163753
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0267863
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04117
IRS990/TotalLiabilitiesEOYAmt03822
IRS990/TotalLiabilitiesGrp/BOYAmt04117
IRS990/TotalLiabilitiesGrp/EOYAmt03822
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0317864
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0243512
IRS990/TotalProgramServiceRevenueAmt020225
IRS990/TotalRevenueGrp/ExclusionAmt018
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt029740
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0193511
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0321981
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0247334
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0317864
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0243512
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.nhbg.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT SANCHEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine10NATIONAL HISPANIC BUSINESS GROUP

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.20$0.04$3.16$0.99$1.44$0.45
2023Detailed filing. Detailed filing data is available for this year.$3.64$0.03$3.61$1.81$1.50$0.31
2022Detailed filing. Detailed filing data is available for this year.$3.34$0.04$3.30$1.87$1.24$0.63
2021Detailed filing. Detailed filing data is available for this year.$2.73$0.06$2.67$0.60$1.11$0.52
2020Detailed filing. Detailed filing data is available for this year.$3.22$0.04$3.18$0.33$1.13$0.80
2019Detailed filing. Detailed filing data is available for this year.$4.02$0.04$3.98$1.76$1.47$0.29
2018Detailed filing. Detailed filing data is available for this year.$3.73$0.04$3.70$2.38$1.60$0.78
2017Detailed filing. Detailed filing data is available for this year.$2.95$0.07$2.88$1.41$1.34$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.87$0.07$2.80$2.27$1.46$0.82
2015Detailed filing. Detailed filing data is available for this year.$2.02$0.03$1.98$2.52$1.50$1.02
2014Detailed filing. Detailed filing data is available for this year.$1.07$0.10$0.96$1.34$2.82$1.47
2013Detailed filing. Detailed filing data is available for this year.$2.47$0.04$2.44$1.94$2.68$0.74
2012Summary only. Only limited summary data is available for this year.$3.22$0.04$3.18$2.02$1.74$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$0.04$2.90$0.95$2.32$1.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.31$0.04$4.27$2.25
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)6 • <$500k nonprofits