Civic Intelligence

National Hispanic Business Group Ltd

990 • Fiscal year 2014 • EIN 13-3401149

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 05, 2015

Organization Profilewww.nhbg.org
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

73rd percentile

0.10x

Higher debt load relative to assets than 73% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

75th percentile

0.08x

Higher debt load relative to revenue than 75% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

2nd percentile

-109%

Higher net margin than 2% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

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

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

4th percentile

-57%

Faster asset growth than 4% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

9th percentile

-31%

Faster revenue growth than 9% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$106,708

Down $140,626 (-57%) from 2013

Net Assets

Down

$96,452

Down $147,060 (-60%) from 2013

Liabilities

Up

$10,256

Up $6,434 (+168%) from 2013

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin2nd percentile

Revenue

Down

$134,467

Down $59,044 (-31%) from 2013

Expenses

Up

$281,527

Up $13,664 (+5.1%) from 2013

Net Income

Down

-$147,060

Down $72,708 (-98%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

2014

Assets$106,708
Liabilities$10,256
Net Assets$96,452
Open 2014 Filing

Operations Trend

Revenue Growth9th percentile

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

2014

Revenue$134,467
Expenses$281,527
Net Income-$147,060
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 5, 2015
Return Version
2014v5.0
Gross Receipts
$303,952
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$171,800$66,499▼ $105,301
Savings and Temporary Cash Investments$31,555$23,217▼ $8,338
Prepaid Expenses and Deferred Charges$12,500$0▼ $12,500
Accounts Receivable$18,180$9,145▼ $9,035
Intangible Assets$7,112$3,047▼ $4,065
Land, Buildings, and Equipment, Net$1,387$0▼ $1,387
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$247,334$106,708▼ $140,626
Other Assets Total$4,800$4,800→ $0
Liabilities
Other Liabilities-$6,628-
Accounts Payable and Accrued Expenses$3,822$3,628▼ $194
Total Liabilities$3,822$10,256▲ $6,434
Net Assets / Fund Balance
Unrestricted Net Assets$243,512$96,452▼ $147,060
Total Net Assets Fund Balance$243,512$96,452▼ $147,060
Total Liabilities and Net Assets / Fund Balance$247,334$106,708▼ $140,626

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$13,360$13,360
Equipment-$2,479$2,479
Compensation and Service Providers
Top Officer Pay68th percentile

Board Members and Trustees

NameTitle
Samuel PadillaChairman
Jesus LinaresVice Chairman
Aida DesotoBoard Member
Armando RodriguezBoard Member
Robert SanchezBoard Member
Serafin MarielBoard Member
William SotomayorBoard Member
Edward BeltranMembership CHR
Cathy LeidersdorffSecretary
Michael LipariTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$106,055
Program Service Revenue
$12,900
Investment Income
$12
Other Revenue
$15,500
Change in Net Assets
$-147,060

Audited Revenue Reconciliation

Revenue per Audited Statements
$134,467
Total Revenue per Audited Statements
$134,467
Total Revenue per Form 990
$134,467
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$212,615
Salaries, Compensation, and Employee Benefits$68,912
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$110,993
Other Salaries and Wages---$63,471
Occupancy---$29,796
Insurance---$8,565
Office Expenses---$7,913
Depreciation Depletion---$5,451
Fees for Services Legal---$5,000
Payroll Taxes---$4,947
Fees for Services Accounting---$3,735
Other Expenses---$1,532
Other Employee Benefits---$494
Total Functional Expenses$0$0$0$281,527

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$281,527
Total Expenses per Audited Statements$281,527
Total Expenses per Form 990$281,527
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$181,485
Fundraising Direct Expenses$169,485
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner Dance$250,240$181,485$83,260$98,225
Total Events$250,240$181,485$169,485$12,000
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
Due to Affiliate$6,628
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

Filer Name
National Hispanic Business Group
EIN
13-3401149
Phone
2122652664
Address
880 THIRD AVENUE-SUITE 1202, NEW YORK, NY 10022

Signing Officer

Name
Samuel Padilla
Title
Chairman
Signed
2015-11-05
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

Firm
Berard & Associates CPAs PC
Address
44 Park Ave, Suffern, NY 10901
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.”

Raw XML AppendixShowing 400 of 409 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/BOYAmt03822
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03628
IRS990/AccountsReceivableGrp/BOYAmt018180
IRS990/AccountsReceivableGrp/EOYAmt09145
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/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0JACQUELINE PINA
IRS990/BooksInCareOfDetail/PhoneNum02122652664
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0880 THIRD AVENUE-SUITE 1202
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010022
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0171800
IRS990/CashNonInterestBearingGrp/EOYAmt066499
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/ContriRptFundraisingEventAmt068755
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0106055
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt012
IRS990/CYOtherExpensesAmt0212615
IRS990/CYOtherRevenueAmt015500
IRS990/CYProgramServiceRevenueAmt012900
IRS990/CYRevenuesLessExpensesAmt0-147060
IRS990/CYSalariesCompEmpBnftPaidAmt068912
IRS990/CYTotalExpensesAmt0281527
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0134467
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt05451
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/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt03735
IRS990/FeesForServicesLegalGrp/TotalAmt05000
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt0110993
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/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
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/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0ARMANDO RODRIGUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM SOTOMAYOR
IRS990/Form990PartVIISectionAGrp/PersonNm2EDWARD BELTRAN
IRS990/Form990PartVIISectionAGrp/PersonNm3AIDA DESOTO
IRS990/Form990PartVIISectionAGrp/PersonNm4SERAFIN MARIEL
IRS990/Form990PartVIISectionAGrp/PersonNm5JESUS LINARES
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT SANCHEZ
IRS990/Form990PartVIISectionAGrp/PersonNm7SAMUEL PADILLA
IRS990/Form990PartVIISectionAGrp/PersonNm8CATHY LEIDERSDORFF
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHAEL LIPARI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBERSHIP CHR
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt068755
IRS990/FundraisingDirectExpensesAmt0169485
IRS990/FundraisingGrossIncomeAmt0181485
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0303952
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt08565
IRS990/IntangibleAssetsGrp/BOYAmt07112
IRS990/IntangibleAssetsGrp/EOYAmt03047
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt012
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt015839
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01387
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt015839
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt037300
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/NetAssetsOrFundBalancesBOYAmt0243512
IRS990/NetAssetsOrFundBalancesEOYAmt096452
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt012000
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt029796
IRS990/OfficeExpensesGrp/TotalAmt07913
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt04800
IRS990/OtherAssetsTotalGrp/EOYAmt04800
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0494
IRS990/OtherExpensesGrp/Desc0BUSINESS DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1Holiday Symposium
IRS990/OtherExpensesGrp/Desc2CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/TotalAmt025345
IRS990/OtherExpensesGrp/TotalAmt110383
IRS990/OtherExpensesGrp/TotalAmt23902
IRS990/OtherExpensesGrp/TotalAmt31532
IRS990/OtherLiabilitiesGrp/EOYAmt06628
IRS990/OtherRevenueMiscGrp/Desc0SPONSORSHIPS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03500
IRS990/OtherRevenueTotalAmt03500
IRS990/OtherSalariesAndWagesGrp/TotalAmt063471
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt04947
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0NETWORKING MEETINGS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012900
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0163753
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt012500
IRS990/PYInvestmentIncomeAmt018
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0188976
IRS990/PYOtherRevenueAmt09515
IRS990/PYProgramServiceRevenueAmt020225
IRS990/PYRevenuesLessExpensesAmt0-74352
IRS990/PYSalariesCompEmpBnftPaidAmt066387
IRS990/PYTotalExpensesAmt0267863
IRS990/PYTotalRevenueAmt0193511
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-147060
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt031555
IRS990/SavingsAndTempCashInvstGrp/EOYAmt023217
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02479
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02479
IRS990ScheduleD/ExpensesSubtotalAmt0281527
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013360
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013360
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06628
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/RevenueSubtotalAmt0134467
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/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalExpensesPerForm990Amt0281527
IRS990ScheduleD/TotalLiabilityAmt06628
IRS990ScheduleD/TotalRevenuePerForm990Amt0134467
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0134467
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0281527
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt068755
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt068755
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0169485
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DINNER DANCE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0250240
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0250240
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0181485
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0181485
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012000
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt083260
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt083260
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt086225
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt086225
IRS990ScheduleG/SpecialFundraisingEventsInd0X
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/TotalAssetsBOYAmt0247334
IRS990/TotalAssetsEOYAmt0106708
IRS990/TotalAssetsGrp/BOYAmt0247334
IRS990/TotalAssetsGrp/EOYAmt0106708
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0106055
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0281527
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03822
IRS990/TotalLiabilitiesEOYAmt010256
IRS990/TotalLiabilitiesGrp/BOYAmt03822
IRS990/TotalLiabilitiesGrp/EOYAmt010256
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0243512
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt096452
IRS990/TotalProgramServiceRevenueAmt012900
IRS990/TotalRevenueGrp/ExclusionAmt012
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt016400
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0134467
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0247334
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0106708
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0243512
IRS990/UnrestrictedNetAssetsGrp/EOYAmt096452
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.nhbg.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SAMUEL PADILLA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIONAL HISPANIC BUSINESS GROUP
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0133401149
ReturnHeader/Filer/PhoneNum02122652664
ReturnHeader/Filer/USAddress/AddressLine1Txt0880 THIRD AVENUE-SUITE 1202
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010022
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Berard & Associates CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt044 Park Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Suffern
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$106,708
Liabilities
$10,256
Net assets
$96,452
Revenue
$134,467
Expenses
$281,527
Net income
-$147,060
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