Civic Intelligence

Save Latin America Inc.

990 • Fiscal year 2017 • EIN 22-3454940

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

138 39th StreetUnion City, NJ 07087

(201) 271-7474

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.55x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • NTEE P • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

42nd percentile

0.03x

Higher debt load relative to revenue than 42% of similar nonprofits.

2017 filings • NTEE P • $500k-$1M nonprofits • Source year 2017

Net Margin

93rd percentile

43%

Higher net margin than 93% of similar nonprofits.

2017 filings • NTEE P • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$39,000

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2017 filings • NTEE P • $500k-$1M nonprofits • Source year 2017

Asset Growth

90th percentile

67%

Faster asset growth than 90% of similar nonprofits.

2017 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

92nd percentile

71%

Faster revenue growth than 92% of similar nonprofits.

2017 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$44,699

Up $18,008 (+67%) from 2016

Net Assets

Up

$19,917

Up $351,953 (+106%) from 2016

Liabilities

Down

$24,782

Down $333,945 (-93%) from 2016

Revenue

Up

$822,337

Up $340,352 (+71%) from 2016

Expenses

Up

$470,384

Up $12,427 (+2.7%) from 2016

Net Income

Up

$351,953

Up $327,925 (+1365%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2010: $41,884Liabilities 2010: $352,710Net Assets 2010: -$310,8262010Assets 2011: $45,798Liabilities 2011: $366,518Net Assets 2011: -$320,7202011Assets 2012: $39,839Liabilities 2012: $355,749Net Assets 2012: -$315,9102012Assets 2013: $47,688Liabilities 2013: $350,925Net Assets 2013: -$303,2372013Assets 2015: $26,673Liabilities 2015: $382,737Net Assets 2015: -$356,0642015Assets 2016: $26,691Liabilities 2016: $358,727Net Assets 2016: -$332,0362016Assets 2017: $44,699Liabilities 2017: $24,782Net Assets 2017: $19,9172017Assets 2018: $73,500Liabilities 2018: $39,673Net Assets 2018: $33,8272018Assets 2019: $150,025Liabilities 2019: $10,794Net Assets 2019: $139,2312019Assets 2020: $93,777Liabilities 2020: $31,957Net Assets 2020: $61,8202020Assets 2021: $83,015Liabilities 2021: $42,224Net Assets 2021: $40,7912021Assets 2022: $98,624Liabilities 2022: $98,355Net Assets 2022: $2692022Assets 2023: $157,392Liabilities 2023: $135,768Net Assets 2023: $21,6242023Assets 2024: $248,791Liabilities 2024: $125,778Net Assets 2024: $123,0132024

Highlighted filing

2017

Assets$44,699
Liabilities$24,782
Net Assets$19,917

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $533,1332010Expenses 2011: $585,9982011Revenue 2012: $504,977Expenses 2012: $500,167Net Income 2012: $4,8102012Revenue 2013: $540,343Expenses 2013: $527,670Net Income 2013: $12,6732013Revenue 2015: $453,339Expenses 2015: $462,490Net Income 2015: -$9,1512015Revenue 2016: $481,985Expenses 2016: $457,957Net Income 2016: $24,0282016Revenue 2017: $822,337Expenses 2017: $470,384Net Income 2017: $351,9532017Revenue 2018: $485,561Expenses 2018: $471,651Net Income 2018: $13,9102018Revenue 2019: $538,498Expenses 2019: $433,094Net Income 2019: $105,4042019Revenue 2020: $389,234Expenses 2020: $466,645Net Income 2020: -$77,4112020Revenue 2021: $432,937Expenses 2021: $453,966Net Income 2021: -$21,0292021Revenue 2022: $323,680Expenses 2022: $364,202Net Income 2022: -$40,5222022Revenue 2023: $689,298Expenses 2023: $689,539Net Income 2023: -$2412023Revenue 2024: $1,000,249Expenses 2024: $898,860Net Income 2024: $101,3892024

Highlighted filing

2017

Revenue$822,337
Expenses$470,384
Net Income$351,953
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$822,337
Mission and Program Overview

Mission

To provide educational counseling, health services and to offer expanded business and employment opportunities to the hispanic communities.

To provide educational counseling, health services, offer expanded business,employment opportunities to the hispanic communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$339,747--
Cash and Non-Interest-Bearing Accounts$24,451$37,205▲ $12,754
Pledges and Grants Receivable-$6,444-
Land, Buildings, and Equipment, Net$2,240$1,050▼ $1,190
Total Assets$26,691$44,699▲ $18,008
Liabilities
Accounts Payable and Accrued Expenses$18,980$24,782▲ $5,802
Total Liabilities$358,727$24,782▼ $333,945
Net Assets / Fund Balance
Unrestricted Net Assets$-332,036$19,917▲ $351,953
Total Net Assets Fund Balance$-332,036$19,917▲ $351,953
Total Liabilities and Net Assets / Fund Balance$26,691$44,699▲ $18,008

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,050$49,156-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Johnny TorresExecutive DirectorFT$39,000$39,000

Board Members and Trustees

NameTitle
Israel RomeroPublic Relations Director
Antonio IbarriaChariman
John IbarriaSecretary
Wilfredo SerranoTreasurer
Yolanda YurubiVice Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$731,832
Program Service Revenue
$90,505
Investment Income
$0
Other Revenue
$0
All Other Contributions
$731,832
Change in Net Assets
$351,953
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$243,360
Salaries, Compensation, and Employee Benefits$227,024
Total Fundraising Expense$19,664
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$170,017$31,107$8,774$209,898
Occupancy$57,148$10,456$2,949$70,553
All Other Expenses$14,249$2,606$736$17,591
Payroll Taxes$13,872$2,538$716$17,126
Insurance$12,618$2,308$651$15,577
Other Expenses$9,454$1,730$488$11,672
Fees for Services Accounting$4,861$888$251$6,000
Travel$1,219$225$63$1,507
Total Functional Expenses$381,011$69,709$19,664$470,384
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$339,747--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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, Section A, Line 2

Two members of the board of directors are family members. Antonio ibarria, chairman is the father of john ibarria, secretary.

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

Process of review of form 990 form 990 is reviewed by the treasurer, presented to board and approved by chairman. A copy is left in locked office for public inspection upon request.

Form 990, Part VI, Section B, Line 15

All officers are voluntary

Form 990, Part VI, Section C, Line 19

Save latin america inc makes it governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Save Latin America Inc
EIN
22-3454940
Phone
2012717474
Address
138 39TH STREET, UNION CITY, NJ 07087

Signing Officer

Name
Antonio Ibarria
Title
Chairman
Phone
2012717474
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Antonio Ibarria
Formed
1990
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
5
Employees
12
Volunteers
90

Preparer

Firm
Kwc Partners Llp
Address
110 CHARLOTTE PLACE, ENGLEWOOD CLIFFS, NJ 07632
Preparer
Jose Bombino CPA
Phone
2015418400
Supplemental Narrative

Financial Statement Notes

SCHEDULE D-PART XIV-PAGE 4 & SCHEDULE D-PART XII-#2B

Fin 48 disclosure, schedule d , part xiv, page 4 save latin america inc. Is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and new jersey taxation codes. Accordingly, no provision for income taxes has been reflected in the financial statements. The agency adopted the accounting pronouncement dealing with uncertain tax positions as of january 1, 2009. Upon adoption of this accouting pronouncement, the agency had no unrecognized tax benefits. Furthermore, the agency had no unrecognized tax benefits at december 31, 2016. There were no open tax years prior to 2007. In addition, the agency did not have any income tax related penalties or interest for the periods reported in the financial statements.

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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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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0481985
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0446399
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0487255
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0540343
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02778315
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01050
IRS990ScheduleD/EquipmentGrp/DepreciationAmt049156
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt050206
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 DISCLOSURE, SCHEDULE D , PART XIV, PAGE 4 SAVE LATIN AMERICA INC. IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND NEW JERSEY TAXATION CODES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. THE AGENCY ADOPTED THE ACCOUNTING PRONOUNCEMENT DEALING WITH UNCERTAIN TAX POSITIONS AS OF JANUARY 1, 2009. UPON ADOPTION OF THIS ACCOUTING PRONOUNCEMENT, THE AGENCY HAD NO UNRECOGNIZED TAX BENEFITS. FURTHERMORE, THE AGENCY HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2016. THERE WERE NO OPEN TAX YEARS PRIOR TO 2007. IN ADDITION, THE AGENCY DID NOT HAVE ANY INCOME TAX RELATED PENALTIES OR INTEREST FOR THE PERIODS REPORTED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D-PART XIV-PAGE 4 & SCHEDULE D-PART XII-#2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01050
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0A&I LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OWNED BY THE CHAIRMAN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT EXPENSE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0COVER OPERATING COST
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0316950
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0USA DISTRIBUTORS INC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CHAIRMAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO MEMBERS OF THE BOARD OF DIRECTORS ARE FAMILY MEMBERS. ANTONIO IBARRIA, CHAIRMAN IS THE FATHER OF JOHN IBARRIA, SECRETARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROCESS OF REVIEW OF FORM 990 FORM 990 IS REVIEWED BY THE TREASURER, PRESENTED TO BOARD AND APPROVED BY CHAIRMAN. A COPY IS LEFT IN LOCKED OFFICE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS ARE VOLUNTARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SAVE LATIN AMERICA INC MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt026691
IRS990/TotalAssetsEOYAmt044699
IRS990/TotalAssetsGrp/BOYAmt026691
IRS990/TotalAssetsGrp/EOYAmt044699
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0731832
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019664
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt069709
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0381011
IRS990/TotalFunctionalExpensesGrp/TotalAmt0470384
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0358727
IRS990/TotalLiabilitiesEOYAmt024782
IRS990/TotalLiabilitiesGrp/BOYAmt0358727
IRS990/TotalLiabilitiesGrp/EOYAmt024782
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-332036
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt019917
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0381011
IRS990/TotalProgramServiceRevenueAmt090505
IRS990/TotalReportableCompFromOrgAmt039000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt090505
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0822337
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt090
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt026691
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt044699
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt063
IRS990/TravelGrp/ManagementAndGeneralAmt0225
IRS990/TravelGrp/ProgramServicesAmt01219
IRS990/TravelGrp/TotalAmt01507
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-332036
IRS990/UnrestrictedNetAssetsGrp/EOYAmt019917
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03711 HUDSON AVENUE
IRS990/USAddress/CityNm0UNION CITY
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007087
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0SAVELATINAMERICA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANTONIO IBARRIA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum02012717474
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAVE LATIN AMERICA INC
ReturnHeader/Filer/BusinessNameControlTxt0SAVE
ReturnHeader/Filer/EIN0223454940
ReturnHeader/Filer/PhoneNum02012717474
ReturnHeader/Filer/USAddress/AddressLine1Txt0138 39TH STREET
ReturnHeader/Filer/USAddress/CityNm0UNION CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007087
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08DBB2F24BC27A18AEAB4AAFDA7B13C484495335B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08DBB2F24BC27A18AEAB4AAFDA7B13C484495335B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0104.247.61.254
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm017:12:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200516895
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KWC PARTNERS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 CHARLOTTE PLACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ENGLEWOOD CLIFFS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007632
ReturnHeader/PreparerPersonGrp/PhoneNum02015418400
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSE BOMBINO CPA
ReturnHeader/ReturnTs02018-11-15T16:12:55-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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.$0.25$0.13$0.12$1.00$0.90$0.10
2023Summary only. Only limited summary data is available for this year.$0.16$0.14$0.02$0.69$0.69$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.10$0.00$0.32$0.36$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.04$0.04$0.43$0.45$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.03$0.06$0.39$0.47$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.01$0.14$0.54$0.43$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.04$0.03$0.49$0.47$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.04$0.02$0.02$0.82$0.47$0.35
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.36$0.33$0.48$0.46$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.38$0.36$0.45$0.46$0.01
2013Summary only. Only limited summary data is available for this year.$0.05$0.35$0.30$0.54$0.53$0.01
2012Summary only. Only limited summary data is available for this year.$0.04$0.36$0.32$0.50$0.50$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.37$0.32$0.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.35$0.31$0.53
Peer Organizations

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