Civic Intelligence

Midlands Latino Community Development Corporation

990 • Fiscal year 2020 • EIN 14-1973678

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization ProfileWWW.MIDLANDSLATINOCDC.ORG
4923 South 24th Street No 201Omaha, NE 68107

(402) 933-4466

Siviq Scores

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

Liabilities / Assets

50th percentile

0.10x

Higher debt load relative to assets than 50% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

80th percentile

0.60x

Higher debt load relative to revenue than 80% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

8th percentile

-44%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

61st percentile

$82,583

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 40.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

14th percentile

-5.5%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

11th percentile

-40%

Faster revenue growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets50th percentile

Assets

Down

$1,220,051

Down $71,635 (-5.5%) from 2019

Net Assets

Down

$1,095,817

Down $90,176 (-7.6%) from 2019

Liabilities

Up

$124,234

Up $18,541 (+18%) from 2019

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin8th percentile

Revenue

Down

$206,455

Down $138,486 (-40%) from 2019

Expenses

Down

$296,631

Down $50,162 (-14%) from 2019

Net Income

Down

-$90,176

Down $88,324 (-4769%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $75,187Liabilities 2010: $33,700Net Assets 2010: $41,4872010Assets 2011: $93,645Liabilities 2011: $47,276Net Assets 2011: $46,3692011Assets 2012: $87,951Liabilities 2012: $41,016Net Assets 2012: $46,9352012Assets 2013: $98,695Liabilities 2013: $54,364Net Assets 2013: $44,3312013Assets 2014: $151,475Liabilities 2014: $85,405Net Assets 2014: $66,0702014Assets 2015: $157,004Liabilities 2015: $68,300Net Assets 2015: $88,7042015Assets 2016: $1,069,422Liabilities 2016: $136,775Net Assets 2016: $932,6472016Assets 2017: $1,091,653Liabilities 2017: $120,153Net Assets 2017: $971,5002017Assets 2018: $1,305,805Liabilities 2018: $117,960Net Assets 2018: $1,187,8452018Assets 2019: $1,291,686Liabilities 2019: $105,693Net Assets 2019: $1,185,9932019Assets 2020: $1,220,051Liabilities 2020: $124,234Net Assets 2020: $1,095,8172020Assets 2021: $1,200,181Liabilities 2021: $107,411Net Assets 2021: $1,092,7702021Assets 2022: $1,341,477Liabilities 2022: $212,391Net Assets 2022: $1,129,0862022Assets 2023: $755,384Liabilities 2023: $189,887Net Assets 2023: $565,4972023Assets 2024: $943,261Liabilities 2024: $408,166Net Assets 2024: $535,0952024

Highlighted filing

2020

Assets$1,220,051
Liabilities$124,234
Net Assets$1,095,817
Open 2020 Filing

Operations Trend

Revenue Growth11th percentile

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

$1.0M$500K$0-$500KRevenue 2010: $118,322Expenses 2010: $119,692Net Income 2010: -$1,3702010Revenue 2011: $150,540Expenses 2011: $145,658Net Income 2011: $4,8822011Revenue 2012: $114,080Expenses 2012: $113,514Net Income 2012: $5662012Revenue 2013: $120,115Expenses 2013: $122,719Net Income 2013: -$2,6042013Revenue 2014: $144,645Expenses 2014: $122,906Net Income 2014: $21,7392014Revenue 2015: $152,001Expenses 2015: $126,378Net Income 2015: $25,6232015Revenue 2016: $898,104Expenses 2016: $152,687Net Income 2016: $745,4172016Revenue 2017: $260,202Expenses 2017: $221,349Net Income 2017: $38,8532017Revenue 2018: $464,358Expenses 2018: $248,013Net Income 2018: $216,3452018Revenue 2019: $344,941Expenses 2019: $346,793Net Income 2019: -$1,8522019Revenue 2020: $206,455Expenses 2020: $296,631Net Income 2020: -$90,1762020Revenue 2021: $446,570Expenses 2021: $407,117Net Income 2021: $39,4532021Revenue 2022: $525,791Expenses 2022: $489,277Net Income 2022: $36,5142022Revenue 2023: $483,552Expenses 2023: $528,428Net Income 2023: -$44,8762023Revenue 2024: $569,089Expenses 2024: $599,491Net Income 2024: -$30,4022024

Highlighted filing

2020

Revenue$206,455
Expenses$296,631
Net Income-$90,176
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$206,705
Mission and Program Overview

Mission

Mlcdc provides low income communities with opportunities to generate economic growth by providing financing products, development services, and community development that advances their ability to develop a sustainable future in the midlands.mlcdc is a non-profit organization that provides top quality service to all its clients. The top programs the organization provides to the community are: business development, childcare creation, financial capability and access to capital. Mlcdc is a certified community development financial institution (cdfi). We have been serving the community for about 10 years with these programs.

Mlcdc provides low income communities with opportunities to generate economic growth by providing financing products, development services, and community development that advances their ability to develop a sustainable future in the midlands.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$957,197$830,486▼ $126,711
Cash and Non-Interest-Bearing Accounts$67,610$217,173▲ $149,563
Other Notes and Loans Receivable, Net$221,193$132,145▼ $89,048
Investments Other Securities$10,120$39,381▲ $29,261
Land, Buildings, and Equipment, Net$2,166--
Total Assets$1,291,686$1,220,051▼ $71,635
Other Assets Total$33,400$866▼ $32,534
Liabilities
Mortgage Notes Payable Secured by Investment Property$75,653$59,269▼ $16,384
Other Liabilities$2,637$42,307▲ $39,670
Accounts Payable and Accrued Expenses$27,403$22,658▼ $4,745
Total Liabilities$105,693$124,234▲ $18,541
Net Assets / Fund Balance
Net Assets With Donor Restrictions$964,700$901,190▼ $63,510
Net Assets Without Donor Restrictions$221,293$194,627▼ $26,666
Total Net Assets Fund Balance$1,185,993$1,095,817▼ $90,176
Total Liabilities and Net Assets / Fund Balance$1,291,686$1,220,051▼ $71,635
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Juan MontoyaExecutive DirectorFT$82,583$82,583

Board Members and Trustees

NameTitle
Marcos HernandezPresident
Kimberly ChalekVice-president
Amy CarolusDirector
Aretha BoexDirector
Carol RussellDirector
Rafael Maldonado IiiDirector
Sarah MohonSecretary
Adam EmbertonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$182,388
Program Service Revenue
$21,032
Investment Income
$0
Other Revenue
$3,035
Change in Net Assets
$-90,176

Audited Revenue Reconciliation

Revenue per Audited Statements
$206,455
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$206,455
Total Revenue per Form 990
$206,455
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$198,977
Other Expenses$97,654
Total Fundraising Expense$10,893
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$78,321$18,309$5,086$101,716
Current Officers, Directors, Trustees, and Key Employees$63,589$14,865$4,129$82,583
Fees for Services Other$3,424$26,492-$29,916
Payroll Taxes$11,302$2,642$734$14,678
Advertising$5,045$1,491-$6,536
Interest$2,677$247-$2,924
Other Expenses$2,371$87$24$2,482
Depreciation Depletion$2,165--$2,165
Travel$1,925$5-$1,930
Insurance$731$171$47$949
Conferences and Meetings$250--$250
All Other Expenses$-250--$-250
Total Functional Expenses$213,065$72,673$10,893$296,631

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$296,631
Total Expenses per Audited Statements$296,631
Total Expenses per Form 990$296,631
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$250
Fundraising Gross Income$250
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$42,307
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Amy carolus serves as cfo for heartland family service and marcos hernandez serves as a board member.”

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

“The organization's treasurer presents a copy of the form 990 to the board of directors for their review and acceptance prior to filing the return with the irs.”

Form 990, Part VI, Section B, Line 15

“Annually, the board of directors reviews and approves the executive director's compensation package based on comparably sized organizations.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Midlands Latino Community Development
EIN
14-1973678
Phone
4029334466
Address
4923 SOUTH 24TH STREET NO 201, OMAHA, NE 68107

Signing Officer

Name
Marcos Hernandez
Title
Board President
Phone
4029334466
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marcos Hernandez
Formed
2006
Legal Domicile
Ne
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
45

Preparer

Firm
Hayes & Associates LLC
Address
1015 NORTH 98TH STREET SUITE 200, OMAHA, NE 68114
Preparer
Frank Hayes
Phone
4023902480
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 3,424. Management and general expenses 26,492. Fundraising expenses 0. Total expenses 29,916.”

Part XII Line 2C

“This process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from income taxes under section 501(c)(3) of the internal revenue code. Accordingly, no income taxes are included in these financial statements. The corporation has also been classified as an entity that is not a private foundation within the meaning of section 509(a) and qualifies for deductible contributions as provided in section 170(b)(1)(a)(vi). The corporation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The corporation's federal returns of organizations exempt from income tax (form 990) are subject to examination by the irs, generally for three years after they were filed.”

Raw XML AppendixShowing 400 of 447 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0MLCDC PROVIDES LOW INCOME COMMUNITIES WITH OPPORTUNITIES TO GENERATE ECONOMIC GROWTH BY PROVIDING FINANCING PRODUCTS, DEVELOPMENT SERVICES, AND COMMUNITY DEVELOPMENT THAT ADVANCES THEIR ABILITY TO DEVELOP A SUSTAINABLE FUTURE IN THE MIDLANDS.MLCDC IS A NON-PROFIT ORGANIZATION THAT PROVIDES TECHNICAL ASSISTANCE AND TRAININGS WITH ITS FINANCIAL STABILITY, ENTREPRENEURSHIP, AND LENDING PROGRAMS. MLCDC IS A COMMUNITY ECONOMIC DEVELOPMENT INSTITUTION AND HAS BEEN SERVING THE COMMUNITY SINCE 2006.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt075653
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt059269
IRS990/NetAssetsOrFundBalancesBOYAmt01185993
IRS990/NetAssetsOrFundBalancesEOYAmt01095817
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0221293
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0194627
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt033400
IRS990/OtherAssetsTotalGrp/EOYAmt0866
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2FACILITIES & EQUIPMENT
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt1430
IRS990/OtherExpensesGrp/FundraisingAmt2443
IRS990/OtherExpensesGrp/FundraisingAmt324
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15792
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22572
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt387
IRS990/OtherExpensesGrp/ProgramServicesAmt023007
IRS990/OtherExpensesGrp/ProgramServicesAmt19607
IRS990/OtherExpensesGrp/ProgramServicesAmt28901
IRS990/OtherExpensesGrp/ProgramServicesAmt32371
IRS990/OtherExpensesGrp/TotalAmt023007
IRS990/OtherExpensesGrp/TotalAmt115829
IRS990/OtherExpensesGrp/TotalAmt211916
IRS990/OtherExpensesGrp/TotalAmt32482
IRS990/OtherLiabilitiesGrp/BOYAmt02637
IRS990/OtherLiabilitiesGrp/EOYAmt042307
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt03035
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03035
IRS990/OtherRevenueTotalAmt03035
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05086
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018309
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt078321
IRS990/OtherSalariesAndWagesGrp/TotalAmt0101716
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0221193
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0132145
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0734
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02642
IRS990/PayrollTaxesGrp/ProgramServicesAmt011302
IRS990/PayrollTaxesGrp/TotalAmt014678
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0957197
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0830486
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARCOS HERNANDEZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt021032
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt021032
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0324413
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02407
IRS990/PYOtherExpensesAmt0113445
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt018121
IRS990/PYRevenuesLessExpensesAmt0-1852
IRS990/PYSalariesCompEmpBnftPaidAmt0233348
IRS990/PYTotalExpensesAmt0346793
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0344941
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-90176
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt021032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0145833
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0354138
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0438694
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0275264
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0856139
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02070068
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02407
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0802
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt052
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0424
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03685
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt084303
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99820
IRS990ScheduleA/PublicSupportPY170Pct00.95400
IRS990ScheduleA/PublicSupportTotal170Amt02070068
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0145833
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0354138
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0438694
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0275264
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0856139
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02070068
IRS990ScheduleA/TotalSupportAmt02073753
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0296631
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt042307
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE ADVANCE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0206455
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO INCOME TAXES ARE INCLUDED IN THESE FINANCIAL STATEMENTS. THE CORPORATION HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). THE CORPORATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE CORPORATION'S FEDERAL RETURNS OF ORGANIZATIONS EXEMPT FROM INCOME TAX (FORM 990) ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0296631
IRS990ScheduleD/TotalLiabilityAmt042307
IRS990ScheduleD/TotalRevenuePerForm990Amt0206455
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0206455
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0296631
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AMY CAROLUS SERVES AS CFO FOR HEARTLAND FAMILY SERVICE AND MARCOS HERNANDEZ SERVES AS A BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S TREASURER PRESENTS A COPY OF THE FORM 990 TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND ACCEPTANCE PRIOR TO FILING THE RETURN WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY, THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION PACKAGE BASED ON COMPARABLY SIZED ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 3,424. MANAGEMENT AND GENERAL EXPENSES 26,492. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,916.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01291686
IRS990/TotalAssetsEOYAmt01220051
IRS990/TotalAssetsGrp/BOYAmt01291686
IRS990/TotalAssetsGrp/EOYAmt01220051
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0182388
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010893
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt072673
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0213065
IRS990/TotalFunctionalExpensesGrp/TotalAmt0296631
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0105693
IRS990/TotalLiabilitiesEOYAmt0124234
IRS990/TotalLiabilitiesGrp/BOYAmt0105693
IRS990/TotalLiabilitiesGrp/EOYAmt0124234
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01185993
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01095817
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0213065
IRS990/TotalProgramServiceRevenueAmt021032
IRS990/TotalReportableCompFromOrgAmt082583
IRS990/TotalRevenueGrp/ExclusionAmt03035
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt021032
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0206455
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt045
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01291686
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01220051
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt05
IRS990/TravelGrp/ProgramServicesAmt01925

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,220,051
Liabilities
$124,234
Net assets
$1,095,817
Revenue
$206,455
Expenses
$296,631
Net income
-$90,176
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.41$0.54$0.57$0.60$0.03
2023Summary only. Only limited summary data is available for this year.$0.76$0.19$0.57$0.48$0.53$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.21$1.13$0.53$0.49$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.11$1.09$0.45$0.41$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.22$0.12$1.10$0.21$0.30$0.09
2019Summary only. Only limited summary data is available for this year.$1.29$0.11$1.19$0.34$0.35$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.12$1.19$0.46$0.25$0.22
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.12$0.97$0.26$0.22$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.14$0.93$0.90$0.15$0.75
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.07$0.09$0.15$0.13$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.09$0.07$0.14$0.12$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.10$0.05$0.04$0.12$0.12$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.04$0.05$0.11$0.11$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.05$0.05$0.15$0.15$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.03$0.04$0.12$0.12$0.00