Civic Intelligence

Hispanic IT Executive Council

990 • Fiscal year 2013 • EIN 20-5975604

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 11, 2014

1301 W Long Lake RoadRoom/Suite 20048098

(248) 952-0277

Siviq Scores

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

Liabilities / Assets

87th percentile

0.37x

Higher debt load relative to assets than 87% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.08x

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

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

Net Margin

52nd percentile

3.2%

Higher net margin than 52% 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

81st percentile

28%

Faster asset growth than 81% of similar nonprofits.

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

Revenue Growth

89th percentile

42%

Faster revenue growth than 89% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2011 to 2013

Assets

Up

$82,080

Up $17,723 (+28%) from 2012

Net Assets

Up

$52,080

Up $12,791 (+33%) from 2012

Liabilities

Up

$30,000

Up $4,932 (+20%) from 2012

Revenue

$398,480

No earlier filing loaded for comparison.

Expenses

Up

$385,689

Up $191,010 (+98%) from 2012

Net Income

$12,791

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $37,346Liabilities 2010: $332Net Assets 2010: $37,0142010Assets 2011: $36,447Liabilities 2011: $10,034Net Assets 2011: $26,4132011Assets 2012: $64,357Liabilities 2012: $25,068Net Assets 2012: $39,2892012Assets 2013: $82,080Liabilities 2013: $30,000Net Assets 2013: $52,0802013Assets 2014: $39,191Liabilities 2014: $90,959Net Assets 2014: -$51,7682014Assets 2015: $140,897Liabilities 2015: $55,336Net Assets 2015: $85,5612015Assets 2016: $329,195Liabilities 2016: $8,917Net Assets 2016: $320,2782016Assets 2017: $846,147Liabilities 2017: $16,925Net Assets 2017: $829,2222017Assets 2018: $1,163,270Liabilities 2018: $112,893Net Assets 2018: $1,050,3772018Assets 2019: $899,261Liabilities 2019: $35,969Net Assets 2019: $863,2922019Assets 2020: $1,398,288Liabilities 2020: $72,395Net Assets 2020: $1,325,8932020Assets 2021: $1,961,139Liabilities 2021: $72,012Net Assets 2021: $1,889,1272021Assets 2022: $2,264,508Liabilities 2022: $616,237Net Assets 2022: $1,648,2712022Assets 2023: $2,741,871Liabilities 2023: $413,479Net Assets 2023: $2,328,3922023Assets 2024: $2,389,291Liabilities 2024: $484,419Net Assets 2024: $1,904,8722024

Highlighted filing

2013

Assets$82,080
Liabilities$30,000
Net Assets$52,080

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $154,600Expenses 2010: $119,661Net Income 2010: $34,9392010Revenue 2011: $198,224Expenses 2011: $208,825Net Income 2011: -$10,6012011Expenses 2012: $194,6792012Revenue 2013: $398,480Expenses 2013: $385,689Net Income 2013: $12,7912013Revenue 2014: $546,252Expenses 2014: $650,100Net Income 2014: -$103,8482014Revenue 2015: $994,110Expenses 2015: $856,781Net Income 2015: $137,3292015Revenue 2016: $1,356,787Expenses 2016: $1,122,068Net Income 2016: $234,7192016Revenue 2017: $1,243,800Expenses 2017: $912,695Net Income 2017: $331,1052017Revenue 2018: $1,275,730Expenses 2018: $1,063,904Net Income 2018: $211,8262018Revenue 2019: $1,340,037Expenses 2019: $1,524,621Net Income 2019: -$184,5842019Revenue 2020: $1,994,500Expenses 2020: $1,531,899Net Income 2020: $462,6012020Revenue 2021: $2,139,663Expenses 2021: $1,600,296Net Income 2021: $539,3672021Revenue 2022: $1,918,896Expenses 2022: $2,306,502Net Income 2022: -$387,6062022Revenue 2023: $3,346,046Expenses 2023: $2,678,036Net Income 2023: $668,0102023Revenue 2024: $2,344,428Expenses 2024: $2,801,485Net Income 2024: -$457,0572024

Highlighted filing

2013

Revenue$398,480
Expenses$385,689
Net Income$12,791
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 11, 2014
Return Version
2013v3.1
Gross Receipts
$398,480
Mission and Program Overview

Mission

To promote hispanic it leadership in the technology industry. Hitec will provide these current and future leaders with a solid skill set through professional development and networking opportunities.

Hitec's mission is to promote hispanic it leadership in the technology industry. Hitec will provide these current and future leaders with a solid skill set through professional development and networking opportunities. There also will be access to eduation and executive training.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$64,257$81,980▲ $17,723
Other Notes and Loans Receivable, Net$100$100→ $0
Total Assets$64,357$82,080▲ $17,723
Liabilities
Other Liabilities$25,068$30,000▲ $4,932
Total Liabilities$25,068$30,000▲ $4,932
Net Assets / Fund Balance
Unrestricted Net Assets$39,289$52,080▲ $12,791
Total Net Assets Fund Balance$39,289$52,080▲ $12,791
Total Liabilities and Net Assets / Fund Balance$64,357$82,080▲ $17,723

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$1,717$1,717
Compensation and Service Providers

Board Members and Trustees

NameTitle
J Alberto YepezChairman
Andre ArbelaezPresident
Carlos AmesquitaDirector
David OlivenciaDirector
Frank DearmasDirector
Haden LandDirector
Ileana RiveraDirector
Jose JimenezDirector
Myrna SotoDirector
Ramon BaezDirector
Thaddeus ArroyoDirector
Timothy CamposDirector
Tony DiazDirector
Yamilet TorresDirector
Ricardo BartraVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$398,480
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$12,791
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$376,138
Grants and Similar Amounts Paid$9,551
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$126,191
Fees for Services Other---$109,736
Advertising---$65,561
Travel---$34,833
Information Technology---$20,020
Fees for Services Accounting---$12,621
Grants to Domestic Orgs---$9,551
Office Expenses---$2,770
Depreciation Depletion---$1,717
Insurance---$961
Other Expenses---$150
Total Functional Expenses$0$0$0$385,689
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Related Party Note Payable$30,000
Credit Card Payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

ORGANIZED WITH MEMBERS.

Form 990, Page 6, Part VI, Line 11B

Return is reviewed by the president and copies are provided to the board members.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

EIN
20-5975604
Phone
2489520277

Signing Officer

Name
Andre Arbelaez
Title
President
Phone
2489520277
Signed
2014-07-11

Organization Details

Principal Officer
Andre Arbelaez
Formed
2006
Legal Domicile
Mi
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
15

Preparer

Preparer
Cheryl a Bida CPA
Phone
2489520200
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Hitec's mission is to promote hispanic it leadership in the technology industry. Hitec will provide these current and future leaders with a solid skill set through professional development and networking opportunities. There also will be access to eduation and executive training.

Form 990, Page 1, Part I, Line 6

Volunteers serve as board members and committee members.

Form 990, Page 2, Part III, Line 4D

Hitec's mission is to promote hispanic it leadership in the technology industry. Hitec will provide these current and future leaders with a solid skill set through professional development and networking opportunities. There also will be access to education and executive training.

Form 990, Part IX, Line 11G

Event coordinator 51,824 0 0 membership recruitment 57,912 0 0

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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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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01717
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt030000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RELATED PARTY NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD PAYABLE
IRS990ScheduleD/TotalLiabilityAmt030000
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HITEC'S MISSION IS TO PROMOTE HISPANIC IT LEADERSHIP IN THE TECHNOLOGY INDUSTRY. HITEC WILL PROVIDE THESE CURRENT AND FUTURE LEADERS WITH A SOLID SKILL SET THROUGH PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES. THERE ALSO WILL BE ACCESS TO EDUATION AND EXECUTIVE TRAINING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS SERVE AS BOARD MEMBERS AND COMMITTEE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HITEC'S MISSION IS TO PROMOTE HISPANIC IT LEADERSHIP IN THE TECHNOLOGY INDUSTRY. HITEC WILL PROVIDE THESE CURRENT AND FUTURE LEADERS WITH A SOLID SKILL SET THROUGH PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES. THERE ALSO WILL BE ACCESS TO EDUCATION AND EXECUTIVE TRAINING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZED WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RETURN IS REVIEWED BY THE PRESIDENT AND COPIES ARE PROVIDED TO THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EVENT COORDINATOR 51,824 0 0 MEMBERSHIP RECRUITMENT 57,912 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10HITEC FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0272869162
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0170
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine101301 W LONG LAKE ROAD SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0TROY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode048098
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0100
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt130000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LOAN BALANCE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1LOAN BALANCE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10HITEC FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine11HITEC FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt064357
IRS990/TotalAssetsEOYAmt082080
IRS990/TotalAssetsGrp/BOYAmt064357
IRS990/TotalAssetsGrp/EOYAmt082080
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0385689
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025068
IRS990/TotalLiabilitiesEOYAmt030000
IRS990/TotalLiabilitiesGrp/BOYAmt025068
IRS990/TotalLiabilitiesGrp/EOYAmt030000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt039289
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt052080
IRS990/TotalProgramServiceRevenueAmt0398480
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0398480
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0398480
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt064357
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt082080
IRS990/TravelGrp/TotalAmt034833
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt039289
IRS990/UnrestrictedNetAssetsGrp/EOYAmt052080
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101301 W LONG LAKE ROAD
IRS990/USAddress/City0TROY
IRS990/USAddress/State0MI
IRS990/USAddress/ZIPCode048098
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.HITECGLOBAL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDRE ARBELAEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02489520277
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-07-11
ReturnHeader/Filer/BusinessName/BusinessNameLine10HISPANIC IT EXECUTIVE COUNCIL
ReturnHeader/Filer/BusinessNameControlTxt0HISP
ReturnHeader/Filer/EIN0205975604
ReturnHeader/Filer/PhoneNum02489520277
ReturnHeader/Filer/USAddress/AddressLine101301 W LONG LAKE ROAD
ReturnHeader/Filer/USAddress/AddressLine20ROOM/SUITE 200
ReturnHeader/Filer/USAddress/City0TROY
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode048098
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383453113
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10G & C ACCOUNTING SERVICES PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101301 WEST LONG LAKE RD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0TROY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0480986319
ReturnHeader/PreparerPersonGrp/PhoneNum02489520200
ReturnHeader/PreparerPersonGrp/PreparationDt02014-07-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHERYL A BIDA CPA
ReturnHeader/ReturnTs02014-08-15T13:42:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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.$2.39$0.48$1.90$2.34$2.80$0.46
2023Detailed filing. Detailed filing data is available for this year.$2.74$0.41$2.33$3.35$2.68$0.67
2022Detailed filing. Detailed filing data is available for this year.$2.26$0.62$1.65$1.92$2.31$0.39
2021Detailed filing. Detailed filing data is available for this year.$1.96$0.07$1.89$2.14$1.60$0.54
2020Detailed filing. Detailed filing data is available for this year.$1.40$0.07$1.33$1.99$1.53$0.46
2019Detailed filing. Detailed filing data is available for this year.$0.90$0.04$0.86$1.34$1.52$0.18
2018Detailed filing. Detailed filing data is available for this year.$1.16$0.11$1.05$1.28$1.06$0.21
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.02$0.83$1.24$0.91$0.33
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$1.36$1.12$0.23
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.06$0.09$0.99$0.86$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.04$0.09$0.05$0.55$0.65$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.08$0.03$0.05$0.40$0.39$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.03$0.04$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.01$0.03$0.20$0.21$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.15$0.12$0.03