Civic Intelligence

Pete C Garcia Victoria Foundation Inc.

990 • Fiscal year 2019 • EIN 23-7091708

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 22, 2020

1122 E Buckeye Road Suite B5Phoenix, AZ 85034

(602) 253-9533

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.04x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

55th percentile

5.8%

Higher net margin than 55% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

89th percentile

$37,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 19.7% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

11th percentile

-44%

Faster asset growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2019

Revenue Growth

20th percentile

-25%

Faster revenue growth than 20% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2019

Assets

Down

$64,326

Down $139,278 (-68%) from 2017

Net Assets

Up

$61,935

Up $690,736 (+110%) from 2017

Liabilities

Down

$2,391

Down $830,014 (-100%) from 2017

Revenue

Down

$188,093

Down $146,130 (-44%) from 2017

Expenses

Down

$177,210

Down $100,359 (-36%) from 2017

Net Income

Down

$10,883

Down $45,771 (-81%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2014: $121,900Liabilities 2014: $850,397Net Assets 2014: -$728,4972014Assets 2015: $233,491Liabilities 2015: $842,303Net Assets 2015: -$608,8122015Assets 2016: $149,534Liabilities 2016: $834,989Net Assets 2016: -$685,4552016Assets 2017: $203,604Liabilities 2017: $832,405Net Assets 2017: -$628,8012017Assets 2019: $64,326Liabilities 2019: $2,391Net Assets 2019: $61,9352019Assets 2020: $35,915Liabilities 2020: $4,835Net Assets 2020: $31,0802020Assets 2022: $24,628Liabilities 2022: $0Net Assets 2022: $24,6282022Assets 2023: $21,497Liabilities 2023: $0Net Assets 2023: $21,4972023Assets 2024: $8,103Liabilities 2024: $3,165Net Assets 2024: $4,9382024

Highlighted filing

2019

Assets$64,326
Liabilities$2,391
Net Assets$61,935

Operations Trend

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

$400K$200K$0-$200KRevenue 2014: $209,945Expenses 2014: $188,269Net Income 2014: $21,6762014Revenue 2015: $337,856Expenses 2015: $218,171Net Income 2015: $119,6852015Revenue 2016: $234,736Expenses 2016: $311,379Net Income 2016: -$76,6432016Revenue 2017: $334,223Expenses 2017: $277,569Net Income 2017: $56,6542017Revenue 2019: $188,093Expenses 2019: $177,210Net Income 2019: $10,8832019Revenue 2020: $98,085Expenses 2020: $128,940Net Income 2020: -$30,8552020Revenue 2022: $97,718Expenses 2022: $116,474Net Income 2022: -$18,7562022Revenue 2023: $166,600Expenses 2023: $169,731Net Income 2023: -$3,1312023Revenue 2024: $162,656Expenses 2024: $179,215Net Income 2024: -$16,5592024

Highlighted filing

2019

Revenue$188,093
Expenses$177,210
Net Income$10,883
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 22, 2020
Return Version
2018v3.2
Gross Receipts
$259,484
Mission and Program Overview

Mission

To involve the community to increase the resources which will improve conditions in the areas of community development, education/ scholarship, arts/culture and international exchange/faith based initiatives through the use of micro grants, nonprofit... The mission of the victoria foundation is to involve the community to increase the resources which will improve conditions in the areas of community development, education/scholarship, arts/culture and international exchange/faith based initiatives through the use of micro grants, nonprofit incubators and donor advised funds.

To involve the community to increase the resources which will improve conditions in the areas... The mission of the victoria foundation is to involve the community to increase the resources which will improve conditions in the areas of community development, education/scholarship, arts/culture and international exchange/faith based initiatives through the use of micro grants, nonprofit incubators and donor advised funds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$70,795$64,326▼ $6,469
Total Assets$70,795$64,326▼ $6,469
Liabilities
Accounts Payable and Accrued Expenses$14,690$2,191▼ $12,499
Other Liabilities$27$200▲ $173
Total Liabilities$14,717$2,391▼ $12,326
Net Assets / Fund Balance
Unrestricted Net Assets$56,078$61,935▲ $5,857
Total Net Assets Fund Balance$56,078$61,935▲ $5,857
Total Liabilities and Net Assets / Fund Balance$70,795$64,326▼ $6,469
Compensation and Service Providers

Employees

NameTitleBaseTotal
Dr Louis OlivasPresident$37,000$37,000

Board Members and Trustees

NameTitle
Suzie MorenoChairman
Art OthonChairman (left 6/2019)
Chuck LotzarDirector
Dr Steven R GonzalesDirector
Jim SheeDirector
Raul AguirreDirector
Victor BurrolaDirector
Anthony AguilarSecretary
Lourdes SierraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$239,836
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-51,743
All Other Contributions
$61,100
Change in Net Assets
$10,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$72,401
Grants and Similar Amounts Paid$62,370
Other Expenses$42,439
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$62,370--$62,370
Current Officers, Directors, Trustees, and Key Employees-$37,000-$37,000
Other Salaries and Wages-$32,778-$32,778
Fees for Services Other-$13,500-$13,500
Office Expenses-$9,083-$9,083
Occupancy-$7,989-$7,989
Fees for Services Accounting-$4,318-$4,318
Advertising-$3,510-$3,510
Payroll Taxes-$2,623-$2,623
Travel-$1,131-$1,131
Other Expenses$1,000$515-$515
Interest-$82-$82
Information Technology-$79-$79
Total Functional Expenses$63,370$113,840$0$177,210
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Arizona State University FoundationTempe, AZ501(c)(3)Scholarship Assistance$25,000
University of Arizona FoundationTucson, AZ501(c)(3)Scholarship Assistance$15,000
Northern Arizona University Foundation IncFlagstaff, AZ501(c)(3)Scholarship Assistance$7,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$71,391
Fundraising Gross Income$19,648
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Advocates for Education Luncheon$57,600$6,560$24,683$-18,123
Higher Education Breakfast$113,500$6,400$26,899$-20,499
Total Events$198,384$19,648$71,391$-51,743
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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, Part VI, Section B, Line 11B

The 990 is prepared by an outside accounting firm and was reviewed by the president and finance committee prior to being filed.

Form 990, Part VI, Section C, Line 19

The organization's articles of incorporation, by-laws, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Pete C Garcia
EIN
23-7091708
Phone
6022539533
Address
1122 E BUCKEYE ROAD SUITE B5, PHOENIX, AZ 85034

Signing Officer

Name
Loui Olivas
Title
President
Phone
6022539533
Signed
2020-06-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Louis Olivas
Formed
1970
Legal Domicile
Az
Voting Board Members
9
Independent Board Members
8
Employees
3
Volunteers
8

Preparer

Firm
Cbiz Mhm LLC
Address
4722 N 24TH ST STE 300, PHOENIX, AZ 85016
Preparer
Kristen Bass
Phone
6022646835
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt038
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0145091
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06294
IRS990ScheduleA/OtherIncome170Grp/TotalAmt06294
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87610
IRS990ScheduleA/PublicSupportPY170Pct00.91390
IRS990ScheduleA/PublicSupportTotal170Amt01888802
IRS990ScheduleA/SubstantialContributorsTotAmt0260898
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0239836
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0987788
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0335037
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0234845
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0352194
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02149700
IRS990ScheduleA/TotalSupportAmt02156032
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0200
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0178736
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0107100
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt051040
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt020596
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt071391
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HIGHER EDUCATION BREAKFAST
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ADVOCATES FOR EDUCATION LUNCHEON
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0110
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0110
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0113500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt057600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt027284
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0198384
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt06400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06560
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt06688
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt019648
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-51743
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt019699
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt071281
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt026899
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt024683
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt07500
IRS990ScheduleI/RecipientTable/CashGrantAmt115000
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIP ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SCHOLARSHIP ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SCHOLARSHIP ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NORTHERN ARIZONA UNIVERSITY FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1UNIVERSITY OF ARIZONA FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ARIZONA STATE UNIVERSITY FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0860193726
IRS990ScheduleI/RecipientTable/RecipientEIN1866050388
IRS990ScheduleI/RecipientTable/RecipientEIN2866051042
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 4094 OLD MAIN BUILDING 10
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11111 N CHERRY AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 2260
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FLAGSTAFF
IRS990ScheduleI/RecipientTable/USAddress/CityNm1TUCSON
IRS990ScheduleI/RecipientTable/USAddress/CityNm2TEMPE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2AZ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd086011
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd185721
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd285280
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION DISBURSES SCHOLARSHIP AND OTHER FUNDS TO THE ORGANIZATIONS IN ACCORDANCE WITH ESTABLISHED PROCEDURES INTENDED TO VERIFY THE APPROPRIATE INTENDED USE OF THE FUNDS. THE FOUNDATION RELIES ON THE ORGANIZATIONS TO MONITOR THE ULTIMATE USE OF THE FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND WAS REVIEWED BY THE PRESIDENT AND FINANCE COMMITTEE PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S ARTICLES OF INCORPORATION, BY-LAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt070795
IRS990/TotalAssetsEOYAmt064326
IRS990/TotalAssetsGrp/BOYAmt070795
IRS990/TotalAssetsGrp/EOYAmt064326
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0239836
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0113840
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt063370
IRS990/TotalFunctionalExpensesGrp/TotalAmt0177210
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014717
IRS990/TotalLiabilitiesEOYAmt02391
IRS990/TotalLiabilitiesGrp/BOYAmt014717
IRS990/TotalLiabilitiesGrp/EOYAmt02391
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt056078
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt061935
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt063370
IRS990/TotalReportableCompFromOrgAmt037000
IRS990/TotalRevenueGrp/ExclusionAmt0-51743
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0188093
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt070795
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt064326
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01131
IRS990/TravelGrp/TotalAmt01131
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt056078
IRS990/UnrestrictedNetAssetsGrp/EOYAmt061935
IRS990/UponRequestInd0X

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