Civic Intelligence

Somos Inc.

990 • Fiscal year 2016 • EIN 22-3128393

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 08, 2017

Organization ProfileSOMOSNEWYORK.ORG
90 South Swan Street Suite 300Albany, NY 12210

(518) 380-6003

Siviq Scores

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

Liabilities / Assets

61st percentile

0.10x

Higher debt load relative to assets than 61% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

40th percentile

0.02x

Higher debt load relative to revenue than 40% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

71st percentile

13%

Higher net margin than 71% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

76th percentile

$69,000

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

96th percentile

147%

Faster asset growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

83rd percentile

37%

Faster revenue growth than 83% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$157,544

Up $93,743 (+147%) from 2015

Net Assets

Up

$141,846

Up $125,088 (+746%) from 2015

Liabilities

Down

$15,698

Down $31,345 (-67%) from 2015

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin71st percentile

Revenue

Up

$937,799

Up $251,327 (+37%) from 2015

Expenses

Up

$812,711

Up $99,292 (+14%) from 2015

Net Income

Up

$125,088

Up $152,035 (+564%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$1.0M$500K$0Assets 2011: $218,801Liabilities 2011: $8,375Net Assets 2011: $210,4262011Assets 2013: $243,710Liabilities 2013: $19,785Net Assets 2013: $223,9252013Assets 2014: $148,123Liabilities 2014: $38,404Net Assets 2014: $109,7192014Assets 2015: $63,801Liabilities 2015: $47,043Net Assets 2015: $16,7582015Assets 2016: $157,544Liabilities 2016: $15,698Net Assets 2016: $141,8462016Assets 2017: $192,687Liabilities 2017: $17,363Net Assets 2017: $175,3242017Assets 2018: $203,788Liabilities 2018: $585Net Assets 2018: $203,2032018Assets 2020: $116,630Liabilities 2020: $50,050Net Assets 2020: $66,5802020Assets 2021: $87,846Liabilities 2021: $41,735Net Assets 2021: $46,1112021Assets 2022: $246,990Liabilities 2022: $13,200Net Assets 2022: $233,7902022Assets 2023: $656,345Liabilities 2023: $25,700Net Assets 2023: $630,6452023Assets 2024: $800,022Liabilities 2024: $152,737Net Assets 2024: $647,2852024

Highlighted filing

2016

Assets$157,544
Liabilities$15,698
Net Assets$141,846
Open 2016 Filing

Operations Trend

Revenue Growth83rd percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $480,584Expenses 2011: $331,322Net Income 2011: $149,2622011Revenue 2013: $538,440Expenses 2013: $498,912Net Income 2013: $39,5282013Revenue 2014: $675,472Expenses 2014: $676,560Net Income 2014: -$1,0882014Revenue 2015: $686,472Expenses 2015: $713,419Net Income 2015: -$26,9472015Revenue 2016: $937,799Expenses 2016: $812,711Net Income 2016: $125,0882016Revenue 2017: $1,118,417Expenses 2017: $1,084,938Net Income 2017: $33,4792017Revenue 2018: $1,004,322Expenses 2018: $976,443Net Income 2018: $27,8792018Revenue 2020: $1,056,129Expenses 2020: $1,242,594Net Income 2020: -$186,4652020Revenue 2021: $185,970Expenses 2021: $206,439Net Income 2021: -$20,4692021Revenue 2022: $856,811Expenses 2022: $643,050Net Income 2022: $213,7612022Revenue 2023: $1,792,310Expenses 2023: $1,395,455Net Income 2023: $396,8552023Revenue 2024: $1,978,998Expenses 2024: $1,859,776Net Income 2024: $119,2222024

Highlighted filing

2016

Revenue$937,799
Expenses$812,711
Net Income$125,088
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 8, 2017
Return Version
2015v3.0
Gross Receipts
$937,799
Mission and Program Overview

Mission

Somos, inc. Is a nonpartisan nonprofit 501(c)(3) organization committed to addressing the needs of the hispanic population of new york state.

Somos el futuro, inc., is a nonpartisan, nonprofit 501(c) 3 organization committed to addressing the needs of the hispanic population of new york state. Our conferences, held twice yearly, serve as a platform for legislators, scholars, business and labor leaders to address various concerns pertinent to this community. Thought-provoking workshops on key issues, such as business development, health, and education, recruit support on new and existing legislation aimed to address the needs of the hispanic population of new york. Additionally, somos el futuro, inc. Uses the funds collected through these conferences to empower youths with scholarships that encourage furthering their education; college internships to promote retention; and apprenticeships to introduce newly graduated adults into the public, nonprofit, labor, and private sectors. The organization aims to create opportunities for hispanic youth that will facilitate their professional development, growth, and future success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$62,739$124,994▲ $62,255
Prepaid Expenses and Deferred Charges$550$32,550▲ $32,000
Land, Buildings, and Equipment, Net$512--
Total Assets$63,801$157,544▲ $93,743
Liabilities
Accounts Payable and Accrued Expenses$47,043$15,698▼ $31,345
Total Liabilities$47,043$15,698▼ $31,345
Net Assets / Fund Balance
Unrestricted Net Assets$16,758$141,846▲ $125,088
Total Net Assets Fund Balance$16,758$141,846▲ $125,088
Total Liabilities and Net Assets / Fund Balance$63,801$157,544▲ $93,743

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$1,845$1,845
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jose M PaulinoExecutive DiFT$69,000$69,000

Board Members and Trustees

NameTitle
Paloma Izquierdo HernandezChair
Carmen FloresVice Chair
Miriam M GonzalezVice-chair
Hilda Rosario EscherDirector
Luis a RoseroDirector
Maria RevellesDirector
Vilma SantosDirector
Antonio C MartinezDirector-leg
Jorge Silva PurasDirector-leg
Raymond L ColonDirector-leg
Mike NievesSecretary
Ladan AlomarTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$933,037
Program Service Revenue
$0
Investment Income
$4,762
Other Revenue
$0
All Other Contributions
$933,037
Change in Net Assets
$125,088

Audited Revenue Reconciliation

Revenue per Audited Statements
$937,799
Total Revenue per Audited Statements
$937,799
Total Revenue per Form 990
$937,799
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$639,302
Salaries, Compensation, and Employee Benefits$93,509
Grants and Similar Amounts Paid$79,900
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$474,359--$474,359
Other Salaries and Wages-$86,423-$86,423
Grants to Domestic Individuals$79,900--$79,900
Travel$49,506--$49,506
Advertising$28,037--$28,037
Fees for Services Legal$20,452--$20,452
Fees for Services Accounting-$20,192-$20,192
Payroll Taxes-$7,086-$7,086
Occupancy$6,294--$6,294
Fees for Services Other-$6,154-$6,154
Insurance$3,930--$3,930
Other Expenses$4,989$2,500-$2,500
Depreciation Depletion$512--$512
Total Functional Expenses$688,872$123,839$0$812,711

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$812,711
Total Expenses per Audited Statements$812,711
Total Expenses per Form 990$812,711
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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 11B

“The executive director review the return and then distribute it to the full board for their review and comments.”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Somos El Futuro Inc
EIN
22-3128393
Phone
5183806003
Address
90 SOUTH SWAN STREET SUITE 300, ALBANY, NY 12210

Signing Officer

Name
Jose M Paulino
Title
Executive Director
Phone
5183806003
Signed
2017-02-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jose M Paulino
Formed
1991
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
30

Preparer

Firm
Bdo Puerto Rico Psc
Address
PO BOX 363436, SAN JUAN, PR 00936-3436
Preparer
Patricia Wangen
Phone
7877543999
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Somos el futuro, inc., is a nonpartisan, nonprofit 501(c) 3 organization committed to addressing the needs of the hispanic population of new york state. Our conferences, held twice yearly, serve as a platform for legislators, scholars, business and labor leaders to address various concerns pertinent to this community. Thought-provoking workshops on key issues, such as business development, health, and education, recruit support on new and existing legislation aimed to address the needs of the hispanic population of new york. Additionally, somos el futuro, inc. Uses the funds collected through these conferences to empower youths with scholarships that encourage furthering their education; college internships to promote retention; and apprenticeships to introduce newly graduated adults into the public, nonprofit, labor, and private sectors. The organization aims to create opportunities for hispanic youth that will facilitate their professional development, growth, and future success.”

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

“PROGRAM SERVICE EXPENSES”

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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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IRS990/MissionDesc0SOMOS EL FUTURO, INC., IS A NONPARTISAN, NONPROFIT 501(C) 3 ORGANIZATION COMMITTED TO ADDRESSING THE NEEDS OF THE HISPANIC POPULATION OF NEW YORK STATE. OUR CONFERENCES, HELD TWICE YEARLY, SERVE AS A PLATFORM FOR LEGISLATORS, SCHOLARS, BUSINESS AND LABOR LEADERS TO ADDRESS VARIOUS CONCERNS PERTINENT TO THIS COMMUNITY. THOUGHT-PROVOKING WORKSHOPS ON KEY ISSUES, SUCH AS BUSINESS DEVELOPMENT, HEALTH, AND EDUCATION, RECRUIT SUPPORT ON NEW AND EXISTING LEGISLATION AIMED TO ADDRESS THE NEEDS OF THE HISPANIC POPULATION OF NEW YORK. ADDITIONALLY, SOMOS EL FUTURO, INC. USES THE FUNDS COLLECTED THROUGH THESE CONFERENCES TO EMPOWER YOUTHS WITH SCHOLARSHIPS THAT ENCOURAGE FURTHERING THEIR EDUCATION; COLLEGE INTERNSHIPS TO PROMOTE RETENTION; AND APPRENTICESHIPS TO INTRODUCE NEWLY GRADUATED ADULTS INTO THE PUBLIC, NONPROFIT, LABOR, AND PRIVATE SECTORS. THE ORGANIZATION AIMS TO CREATE OPPORTUNITIES FOR HISPANIC YOUTH THAT WILL FACILITATE THEIR PROFESSIONAL DEVELOPMENT, GROWTH, AND FUTURE SUCCESS.
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IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt06294
IRS990/OccupancyGrp/TotalAmt06294
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1CATERING & MEALS
IRS990/OtherExpensesGrp/Desc2PRINTING
IRS990/OtherExpensesGrp/Desc3DONATIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01484
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12500
IRS990/OtherExpensesGrp/ProgramServicesAmt011542
IRS990/OtherExpensesGrp/ProgramServicesAmt19351
IRS990/OtherExpensesGrp/ProgramServicesAmt24989
IRS990/OtherExpensesGrp/TotalAmt013026
IRS990/OtherExpensesGrp/TotalAmt19351
IRS990/OtherExpensesGrp/TotalAmt24989
IRS990/OtherExpensesGrp/TotalAmt32500
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt086423
IRS990/OtherSalariesAndWagesGrp/TotalAmt086423
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07086
IRS990/PayrollTaxesGrp/TotalAmt07086
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0550
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032550
IRS990/PrincipalOfficerNm0JOSE M PAULINO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROGRAM SERVICE EXPENSES
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYInvestmentIncomeAmt010
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IRS990/PYTotalExpensesAmt0713419
IRS990/PYTotalRevenueAmt0686472
IRS990/ReconcilationRevenueExpnssAmt0125088
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0933037
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0933037
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0686462
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0675462
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0536874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0563134
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03394969
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01566
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01602
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04762
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99950
IRS990ScheduleA/PublicSupportTotal170Amt03394969
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0933037
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0686462
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0675462
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0536874
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0563134
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03394969
IRS990ScheduleA/TotalSupportAmt03396571
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt01845
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01845
IRS990ScheduleD/ExpensesSubtotalAmt0812711
IRS990ScheduleD/RevenueSubtotalAmt0937799
IRS990ScheduleD/TotalExpensesPerForm990Amt0812711
IRS990ScheduleD/TotalRevenuePerForm990Amt0937799
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0937799
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0812711
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt079900
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt092
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOMOS EL FUTURO, INC., IS A NONPARTISAN, NONPROFIT 501(C) 3 ORGANIZATION COMMITTED TO ADDRESSING THE NEEDS OF THE HISPANIC POPULATION OF NEW YORK STATE. OUR CONFERENCES, HELD TWICE YEARLY, SERVE AS A PLATFORM FOR LEGISLATORS, SCHOLARS, BUSINESS AND LABOR LEADERS TO ADDRESS VARIOUS CONCERNS PERTINENT TO THIS COMMUNITY. THOUGHT-PROVOKING WORKSHOPS ON KEY ISSUES, SUCH AS BUSINESS DEVELOPMENT, HEALTH, AND EDUCATION, RECRUIT SUPPORT ON NEW AND EXISTING LEGISLATION AIMED TO ADDRESS THE NEEDS OF THE HISPANIC POPULATION OF NEW YORK. ADDITIONALLY, SOMOS EL FUTURO, INC. USES THE FUNDS COLLECTED THROUGH THESE CONFERENCES TO EMPOWER YOUTHS WITH SCHOLARSHIPS THAT ENCOURAGE FURTHERING THEIR EDUCATION; COLLEGE INTERNSHIPS TO PROMOTE RETENTION; AND APPRENTICESHIPS TO INTRODUCE NEWLY GRADUATED ADULTS INTO THE PUBLIC, NONPROFIT, LABOR, AND PRIVATE SECTORS. THE ORGANIZATION AIMS TO CREATE OPPORTUNITIES FOR HISPANIC YOUTH THAT WILL FACILITATE THEIR PROFESSIONAL DEVELOPMENT, GROWTH, AND FUTURE SUCCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROGRAM SERVICE EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR REVIEW THE RETURN AND THEN DISTRIBUTE IT TO THE FULL BOARD FOR THEIR REVIEW AND COMMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt063801
IRS990/TotalAssetsEOYAmt0157544
IRS990/TotalAssetsGrp/BOYAmt063801
IRS990/TotalAssetsGrp/EOYAmt0157544
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0933037
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0123839
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0688872
IRS990/TotalFunctionalExpensesGrp/TotalAmt0812711
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt047043
IRS990/TotalLiabilitiesEOYAmt015698
IRS990/TotalLiabilitiesGrp/BOYAmt047043
IRS990/TotalLiabilitiesGrp/EOYAmt015698
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016758
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0141846
IRS990/TotalProgramServiceExpensesAmt0688872
IRS990/TotalReportableCompFromOrgAmt069000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04762
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0937799
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt063801
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0157544
IRS990/TravelGrp/ProgramServicesAmt049506
IRS990/TravelGrp/TotalAmt049506
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt016758
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0141846
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt090 SOUTH SWAN SUITE 313
IRS990/USAddress/CityNm0ALBANY
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012210
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0SOMOSNEWYORK.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSE M PAULINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05183806003
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOMOS EL FUTURO INC
ReturnHeader/Filer/BusinessNameControlTxt0SOMO
ReturnHeader/Filer/EIN0223128393
ReturnHeader/Filer/PhoneNum05183806003
ReturnHeader/Filer/USAddress/AddressLine1Txt090 SOUTH SWAN STREET SUITE 300
ReturnHeader/Filer/USAddress/CityNm0ALBANY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012210
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0660578857
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BDO PUERTO RICO PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 363436
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN JUAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0009363436
ReturnHeader/PreparerPersonGrp/PhoneNum07877543999
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICIA WANGEN
ReturnHeader/ReturnTs02017-02-08T14:55:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$157,544
Liabilities
$15,698
Net assets
$141,846
Revenue
$937,799
Expenses
$812,711
Net income
$125,088
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.80$0.15$0.65$1.98$1.86$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.03$0.63$1.79$1.40$0.40
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.01$0.23$0.86$0.64$0.21
2021Detailed filing. Detailed filing data is available for this year.$0.09$0.04$0.05$0.19$0.21$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.05$0.07$1.06$1.24$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.00$0.20$1.00$0.98$0.03
2017Summary only. Only limited summary data is available for this year.$0.19$0.02$0.18$1.12$1.08$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.16$0.02$0.14$0.94$0.81$0.13
2015Summary only. Only limited summary data is available for this year.$0.06$0.05$0.02$0.69$0.71$0.03
2014Summary only. Only limited summary data is available for this year.$0.15$0.04$0.11$0.68$0.68$0.00
2013Summary only. Only limited summary data is available for this year.$0.24$0.02$0.22$0.54$0.50$0.04
2011Summary only. Only limited summary data is available for this year.$0.22$0.01$0.21$0.48$0.33$0.15
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $500k-$1M nonprofits