Civic Intelligence

Chicano Federation of San Diego County Inc.

990 • Fiscal year 2020 • EIN 23-7085960

Jul 01, 2019 to Jun 30, 2020 • Filed on May 07, 2021

3180 University AvenueSan Diego, CA 92104

(619) 285-5600

Siviq Scores

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

Liabilities / Assets

94th percentile

1.05x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

77th percentile

0.92x

Higher debt load relative to revenue than 77% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

46th percentile

3.1%

Higher net margin than 46% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

30th percentile

$122,403

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

61st percentile

11%

Faster asset growth than 61% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

47th percentile

1.2%

Faster revenue growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$14,039,823

Up $1,386,259 (+11%) from 2019

Net Assets

Up

-$721,423

Up $490,636 (+40%) from 2019

Liabilities

Up

$14,761,246

Up $895,623 (+6.5%) from 2019

Revenue

Up

$16,053,465

Up $189,186 (+1.2%) from 2019

Expenses

Up

$15,560,773

Up $53,425 (+0.3%) from 2019

Net Income

Up

$492,692

Up $135,761 (+38%) from 2019

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2011: $12,333,342Liabilities 2011: $14,228,369Net Assets 2011: -$1,895,0272011Assets 2012: $13,875,496Liabilities 2012: $15,186,771Net Assets 2012: -$1,311,2752012Assets 2013: $12,882,216Liabilities 2013: $14,222,220Net Assets 2013: -$1,340,0042013Assets 2014: $12,167,495Liabilities 2014: $13,479,952Net Assets 2014: -$1,312,4572014Assets 2015: $12,614,201Liabilities 2015: $13,964,365Net Assets 2015: -$1,350,1642015Assets 2016: $12,706,644Liabilities 2016: $13,910,071Net Assets 2016: -$1,203,4272016Assets 2017: $12,631,092Liabilities 2017: $13,969,717Net Assets 2017: -$1,338,6252017Assets 2018: $12,760,232Liabilities 2018: $14,328,658Net Assets 2018: -$1,568,4262018Assets 2019: $12,653,564Liabilities 2019: $13,865,623Net Assets 2019: -$1,212,0592019Assets 2020: $14,039,823Liabilities 2020: $14,761,246Net Assets 2020: -$721,4232020Assets 2021: $15,927,216Liabilities 2021: $15,331,585Net Assets 2021: $595,6312021Assets 2022: $18,128,674Liabilities 2022: $15,004,457Net Assets 2022: $3,124,2172022Assets 2023: $18,908,477Liabilities 2023: $16,542,580Net Assets 2023: $2,365,8972023Assets 2024: $20,097,346Liabilities 2024: $13,986,312Net Assets 2024: $6,111,0342024

Highlighted filing

2020

Assets$14,039,823
Liabilities$14,761,246
Net Assets-$721,423

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $17,826,5302011Expenses 2012: $18,352,5312012Expenses 2013: $12,768,8152013Revenue 2014: $13,407,428Expenses 2014: $13,379,881Net Income 2014: $27,5472014Revenue 2015: $13,818,027Expenses 2015: $13,855,734Net Income 2015: -$37,7072015Revenue 2016: $14,395,195Expenses 2016: $14,244,729Net Income 2016: $150,4662016Revenue 2017: $14,605,584Expenses 2017: $14,744,705Net Income 2017: -$139,1212017Revenue 2018: $15,248,728Expenses 2018: $15,479,697Net Income 2018: -$230,9692018Revenue 2019: $15,864,279Expenses 2019: $15,507,348Net Income 2019: $356,9312019Revenue 2020: $16,053,465Expenses 2020: $15,560,773Net Income 2020: $492,6922020Revenue 2021: $19,750,417Expenses 2021: $18,447,336Net Income 2021: $1,303,0812021Revenue 2022: $22,585,521Expenses 2022: $20,051,531Net Income 2022: $2,533,9902022Revenue 2023: $21,199,465Expenses 2023: $21,959,273Net Income 2023: -$759,8082023Revenue 2024: $24,658,051Expenses 2024: $20,918,745Net Income 2024: $3,739,3062024

Highlighted filing

2020

Revenue$16,053,465
Expenses$15,560,773
Net Income$492,692
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 7, 2021
Return Version
2019v5.0
Gross Receipts
$16,081,102
Mission and Program Overview

Mission

To cultivate opportunities and advocate for families and individuals for a more equitable comunidad.

Chicano Federation is one of San Diegos leading nonprofits. Our mission is to invest in underserved communities through programs that promote self-sufficiency, which include subsidized childcare, early childhood education, healthy nutrition for children, affordable housing, and a workforce development program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,583,845$8,489,149▼ $94,696
Cash and Non-Interest-Bearing Accounts$1,192,954$2,870,687▲ $1,677,733
Pledges and Grants Receivable$1,696,681$1,435,666▼ $261,015
Prepaid Expenses and Deferred Charges$58,366$131,301▲ $72,935
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$12,653,564$14,039,823▲ $1,386,259
Other Assets Total$1,121,718$1,113,020▼ $8,698
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,954,964$8,779,593▼ $175,371
Other Liabilities$3,301,475$4,158,180▲ $856,705
Accounts Payable and Accrued Expenses$1,609,184$1,823,473▲ $214,289
Total Liabilities$13,865,623$14,761,246▲ $895,623
Net Assets / Fund Balance
Net Assets With Donor Restrictions$59,358$150,484▲ $91,126
Net Assets Without Donor Restrictions$-1,271,417$-871,907▲ $399,510
Total Net Assets Fund Balance$-1,212,059$-721,423▲ $490,636
Total Liabilities and Net Assets / Fund Balance$12,653,564$14,039,823▲ $1,386,259

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,444,394$3,501,203$7,945,597
Land$4,044,755-$4,044,755
Other Assets Org$57,302--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$59,358-▼ $2,056-$57,302
2018$59,922-▼ $564-$59,358
2017$58,754-▲ $1,168-$59,922
2016$54,831-▲ $3,923-$58,754
2015$58,560-▼ $3,729-$54,831
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nancy MaldonadoPresident & CEOFT$122,346$57$122,403

Highest Paid Contractors

ContractorServicesLocationCompensation
Sylvester Roofing Co INCRepair/maintenance306 WEST EL NORTE PKWY 371 SUITE N, Escondido, CA 92026$110,186
Revenue and Support

Revenue Composition

Contributions and Grants
$13,478,320
Program Service Revenue
$2,518,034
Investment Income
$529
Other Revenue
$56,582
All Other Contributions
$204,325
Change in Net Assets
$492,692

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,053,465
Revenue Not Reported on Form 990
$25,581
Total Revenue per Audited Statements
$16,079,046
Total Revenue per Form 990
$16,053,465
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,747,739
Salaries, Compensation, and Employee Benefits$2,813,034
Total Fundraising Expense$81,644
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,129,942$15,061$41,806$2,186,809
All Other Expenses$673,298$46,973$17,938$738,209
Occupancy$306,114$3,240$5,722$315,076
Other Expenses$233,992$72,567$4,010$310,569
Other Employee Benefits$231,644$3,222$4,196$239,062
Payroll Taxes$202,904$2,823$3,676$209,403
Depreciation Depletion$191,193$8,042-$199,235
Current Officers, Directors, Trustees, and Key Employees$133,230$1,374$2,747$137,351
Travel$44,395$2,871$144$47,410
Pension Plan Contributions$39,155$545$709$40,409
Insurance$30,017-$696$30,713
Total Functional Expenses$15,272,413$206,716$81,644$15,560,773

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$15,588,410
Expenses per Audited Statements$15,560,773
Total Expenses per Form 990$15,560,773
Expenses Not Reported on Form 990$27,637
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$84,219
Fundraising Direct Expenses$27,637
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Donor Luncheon$84,469$68,000$15,476$52,524
Other$15,299$15,299$11,638$3,661
Total Events$99,768$83,299$27,114$56,185
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest$3,041,969
Refundable Advance$511,308
Program Reserves$455,099
Deposits Payable$149,804
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, Line 11B: Form 990 Review Process

Our form 990 is submitted to the board for review and approval prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy and understands chicano federation is nonprofit and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The compensation is determined by the board of directors by using a comparison to a salary survey of comparable positions in california.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The compensation is determined by the president & ceo by using a comparison to a salary survey of comparable positions in california.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The california mutual benefit corporations law and the internal revenue code require the corporation to make certain documents available for inspection by the general public. The documents available for public inspection include the following. (1) irs form 990 for the prior 3 years. (2) the application for tax-exempt status and required papers filed in support of the application, including the following (a) the application letter and a copy of the articles of incorporation, declaration of trust, or other instruments setting forth the corporation permitted powers of activities, (b) bylaws and any other code of regulations, (c) statements showing the character of the organization, the purpose of which was organized, and its activities, (d) the financial statements showing assets, liabilities, receipts and disbursements submitted with the application, (e) statements submitted with the application showing sources, of income, receipts, disposition of these amounts and whether any income or receipts are credited to surplus or may inure to the benefit of any private shareholder or individual, and (f) any other statements or documents the irs required to be filed with the corporation's application. (3) the irs's written determination letter, including any background documents relating to the determination. The documents indentified above will be available at the corporation's main office during regular business hours or provided pursuant to a written request. The corporation will provide copies of required documents pursuant to a written request within 30 days subject to receipt of payment for copying and mailing costs.

Filing and Contact Details

Filer

Filer Name
Chicano Federation
EIN
23-7085960
Phone
6192855600
Address
3180 UNIVERSITY AVENUE, SAN DIEGO, CA 92104

Signing Officer

Name
Nancy Maldonado
Title
President & CEO
Signed
2021-05-07
Discuss with paid preparer
Yes

Organization Details

Formed
1969
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
97
Volunteers
14

Preparer

Firm
West Rhode & Roberts
Address
2741 4th Ave, San Diego, CA 92103
Preparer
Christopher M Roberts
Phone
6196155380
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Federation, a California, not-for-profit corporation, is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the State Revenue and Taxation Code. The Financial Accounting Standards Board (FASB) issued Accounting Standards Codification No. 740-10, Accounting for Uncertainties in Income Taxes, which sets a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. The Federation has reviewed its positions for all open tax years and has determined that it has no uncertain tax positions requiring accrual or disclosure.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

EVENT EXPENSE $27637

Part XII, Line 2D: Other expenses and losses per audited F/S

EVENT EXPENSE $27637

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IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
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IRS990/MissionDesc0Chicano Federation is one of San Diegos leading nonprofits. Our mission is to invest in underserved communities through programs that promote self-sufficiency, which include subsidized childcare, early childhood education, healthy nutrition for children, affordable housing, and a workforce development program.
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IRS990/OtherExpensesGrp/Desc0NUTRITION PROGRAM
IRS990/OtherExpensesGrp/Desc1INFANT & TODDLER PROGRAM
IRS990/OtherExpensesGrp/Desc2HOUSING PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL SERVICES
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IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2624100
IRS990/ProgramServiceRevenueGrp/Desc0LOW INCOME HOUSING OTHER
IRS990/ProgramServiceRevenueGrp/Desc1LOW INCOME HOUSING RENTAL
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM SERVICE FEES
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IRS990/ProgSrvcAccomActy2Grp/Desc0Affordable Housing Department - provide and manage well-maintained, affordable housing for low-moderate income individuals and families. 263 units with over 650 tenants served.
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IRS990/PYTotalExpensesAmt015507348
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt012961629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt012422281

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.1$14.0$6.11$24.7$20.9$3.74
2023Detailed filing. Detailed filing data is available for this year.$18.9$16.5$2.37$21.2$22.0$0.76
2022Detailed filing. Detailed filing data is available for this year.$18.1$15.0$3.12$22.6$20.1$2.53
2021Detailed filing. Detailed filing data is available for this year.$15.9$15.3$0.60$19.8$18.4$1.30
2020Detailed filing. Detailed filing data is available for this year.$14.0$14.8$0.72$16.1$15.6$0.49
2019Detailed filing. Detailed filing data is available for this year.$12.7$13.9$1.21$15.9$15.5$0.36
2018Detailed filing. Detailed filing data is available for this year.$12.8$14.3$1.57$15.2$15.5$0.23
2017Detailed filing. Detailed filing data is available for this year.$12.6$14.0$1.34$14.6$14.7$0.14
2016Detailed filing. Detailed filing data is available for this year.$12.7$13.9$1.20$14.4$14.2$0.15
2015Detailed filing. Detailed filing data is available for this year.$12.6$14.0$1.35$13.8$13.9$0.04
2014Detailed filing. Detailed filing data is available for this year.$12.2$13.5$1.31$13.4$13.4$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$14.2$1.34$12.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$15.2$1.31$18.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$14.2$1.90$17.8