Civic Intelligence

Hispanic IT Executive Council

990EZ • Fiscal year 2011 • EIN 20-5975604

Jan 01, 2011 to Dec 31, 2011 • Filed on Jul 26, 2012

Organization ProfileWWW.HITECGLOBAL.ORG
1301 W Long Lake RoadRoom/Suite 20048098
Siviq Scores

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

Liabilities / Assets

83rd percentile

0.28x

Higher debt load relative to assets than 83% of similar nonprofits.

2011 filings • 501(c)6 • <$500k nonprofits • Source year 2011

Liabilities / Revenue

72nd percentile

0.05x

Higher debt load relative to revenue than 72% of similar nonprofits.

2011 filings • 501(c)6 • <$500k nonprofits • Source year 2011

Net Margin

30th percentile

-5.3%

Higher net margin than 30% of similar nonprofits.

2011 filings • 501(c)6 • <$500k nonprofits • Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

40th percentile

-2.4%

Faster asset growth than 40% of similar nonprofits.

2011 filings • 501(c)6 • <$500k nonprofits • Annualized from 2010 to 2011

Revenue Growth

83rd percentile

28%

Faster revenue growth than 83% of similar nonprofits.

2011 filings • 501(c)6 • <$500k nonprofits • Annualized from 2010 to 2011

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$36,447

Down $899 (-2.4%) from 2010

Net Assets

Down

$26,413

Down $10,601 (-29%) from 2010

Liabilities

Up

$10,034

Up $9,702 (+2922%) from 2010

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin30th percentile

Revenue

Up

$198,224

Up $43,624 (+28%) from 2010

Expenses

Up

$208,825

Up $89,164 (+75%) from 2010

Net Income

Down

-$10,601

Down $45,540 (-130%) from 2010

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

2011

Assets$36,447
Liabilities$10,034
Net Assets$26,413
Open 2011 Filing

Operations Trend

Revenue Growth83rd percentile

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

2011

Revenue$198,224
Expenses$208,825
Net Income-$10,601
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Jul 26, 2012
Return Version
2011v1.2
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.

Filing and Contact Details

Filer

EIN
20-5975604
Raw XML Appendix232 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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IRS990ScheduleO/GeneralExplanation/Explanation0EXPENSES ADVERTISING AND PROMOTION 4,525 OFFICE 1,246 INFORMATION TECHNOLOGY 6,120 TRAVEL 57,513 CONFERENCES/MEETINGS 4,985 INTEREST 3 BANK CHARGES 544 COMMISSION EXPENSE 14,500 TELEPHONE 1,460 MEMBERSHIP RECOGNITION 8,926 MENTORING PROGRAM 2,196 LICENSES AND FEES 686 LIABILITY INSURANCE 885 TOTAL 103,589
IRS990ScheduleO/GeneralExplanation/Explanation1LOAN RECEIVABLE - HITEC FOUNDATION 100 100 TOTAL 100 100
IRS990ScheduleO/GeneralExplanation/Explanation2UNSECURED NOTES AND LOANS PAYABLE 0 10,000 CREDIT CARD PAYABLE 332 34
IRS990ScheduleO/GeneralExplanation/Explanation3HITEC'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/GeneralExplanation/Explanation4HITEC'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/GeneralExplanation/Identifier0OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier1OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier2OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/Identifier3PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/GeneralExplanation/Identifier4FIRST ACCOMPLISHMENT
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IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990-EZ, PART III
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990-EZ, PART III, LINE 28
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ReturnHeader/Filer/EIN0205975604
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ReturnHeader/Officer/DateSigned02012-07-26
ReturnHeader/Officer/Name0DAVID OLIVENCIA
ReturnHeader/Officer/Title0PRESIDENT
ReturnHeader/Preparer/DatePrepared02012-07-26
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10G & C ACCOUNTING SERVICES PLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine101301 WEST LONG LAKE RD STE 200
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0TROY
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0MI
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0480986319
ReturnHeader/Preparer/Name0CHERYL A BIDA CPA
ReturnHeader/Preparer/Phone02489520200
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02011-01-01
ReturnHeader/TaxPeriodEndDate02011-12-31
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02012-07-26T16:31:05-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$36,447
Liabilities
$10,034
Net assets
$26,413
Revenue
$198,224
Expenses
$208,825
Net income
-$10,601
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