Civic Intelligence

Hobbs Hispano Chamber of Commerce Foundation Inc

EIN 26-0812769 • 501(c)3 • Hobbs, NM

Profile

To provide scholarships for high school seniors wanting to attend a college or univiersity and sponsor other informational events open to the public which focus on education.

113 N Shipp StHobbs, NM 88240

www.hispanochamber.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B82 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B82 • <$500k nonprofits • Source year 2024

Net Margin

52nd percentile

13%

Higher net margin than 52% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Source year 2024

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE B82 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Revenue Growth

97th percentile

1073%

Faster revenue growth than 97% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$179,011

Up $179,011 from 2022

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Up

$179,011

Up $183,652 (+3957%) from 2022

Operations
Liabilities / Revenue82nd percentileNet Margin52nd percentile

Revenue

Up

$232,390

Up $232,390 from 2022

Expenses

Up

$201,512

Up $196,871 (+4242%) from 2022

Net Income

Up

$30,878

Up $35,519 (+765%) from 2022

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0-$50KAssets 2010: $33,203Net Assets 2010: $33,2032010Assets 2011: $39,891Net Assets 2011: $39,8912011Assets 2012: $40,588Net Assets 2012: $40,5882012Assets 2013: $126,340Net Assets 2013: $126,3402013Assets 2014: $168,713Net Assets 2014: $168,7132014Assets 2015: $185,169Liabilities 2015: $5,076Net Assets 2015: $180,0932015Assets 2016: $159,074Liabilities 2016: $5,200Net Assets 2016: $153,8742016Assets 2017: $139,720Liabilities 2017: $40,994Net Assets 2017: $98,7262017Assets 2018: $145,348Liabilities 2018: $40,000Net Assets 2018: $105,3482018Assets 2021: $0Net Assets 2021: -$5,2062021Assets 2022: $0Net Assets 2022: -$4,6412022Assets 2024: $179,011Liabilities 2024: $0Net Assets 2024: $179,0112024

Highlighted filing

2024

Assets$179,011
Liabilities$0
Net Assets$179,011
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $127,312Expenses 2010: $119,389Net Income 2010: $7,9232010Revenue 2011: $106,882Expenses 2011: $100,186Net Income 2011: $6,6962011Revenue 2012: $68,479Expenses 2012: $67,782Net Income 2012: $6972012Revenue 2013: $121,489Expenses 2013: $108,811Net Income 2013: $12,6782013Revenue 2014: $146,619Expenses 2014: $104,247Net Income 2014: $42,3722014Revenue 2015: $194,209Expenses 2015: $182,829Net Income 2015: $11,3802015Revenue 2016: $151,196Expenses 2016: $177,415Net Income 2016: -$26,2192016Revenue 2017: $117,329Expenses 2017: $172,477Net Income 2017: -$55,1482017Revenue 2018: $113,095Expenses 2018: $106,473Net Income 2018: $6,6222018Revenue 2021: $0Expenses 2021: $5,206Net Income 2021: -$5,2062021Revenue 2022: $0Expenses 2022: $4,641Net Income 2022: -$4,6412022Revenue 2024: $232,390Expenses 2024: $201,512Net Income 2024: $30,8782024

Highlighted filing

2024

Revenue$232,390
Expenses$201,512
Net Income$30,878
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$179,011
Liabilities
$0
Net assets
$179,011
Revenue
$232,390
Expenses
$201,512
Net income
$30,878
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.00$1.79$2.32$2.02$0.31
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.05$0.00$0.05$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.05$0.00$0.05$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$0.40$1.05$1.13$1.06$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.41$0.99$1.17$1.72$0.55
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.05$1.54$1.51$1.77$0.26
2015Detailed filing. Detailed filing data is available for this year.$1.85$0.05$1.80$1.94$1.83$0.11
2014Detailed filing. Detailed filing data is available for this year.$1.69$1.69$1.47$1.04$0.42
2013Detailed filing. Detailed filing data is available for this year.$1.26$1.26$1.21$1.09$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.41$0.68$0.68$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.40$1.07$1.00$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.33$1.27$1.19$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$232,390
Mission and Program Overview

Mission

To provide scholarships for high school seniors wanting to attend a college or univiersity and sponsor other informational events open to the public which focus on education.

Provide scholarships for high school seniors in the hobbs community, who wish to attend a college or university. Sponsor other informational events open to the public, which focus on education and culture.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$148,133$179,011▲ $30,878
Cash and Non-Interest-Bearing Accounts$77,958$103,086▲ $25,128
Land, Buildings, and Equipment, Net$66,850$66,850→ $0
Accounts Receivable$3,325$9,075▲ $5,750
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$148,133$179,011▲ $30,878
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$148,133$179,011▲ $30,878
Total Liabilities and Net Assets / Fund Balance$148,133$179,011▲ $30,878

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$66,850$16,150$83,000
Compensation and Service Providers
Top Officer Pay95th percentile

Board Members and Trustees

NameTitle
Oscar GonzalezPresident
Saul VillarrealVice President
Alberto CaballeroBoard Member
Lori LlamasBoard Member
Rosa CarilloBoard Member
Rose ScottBoard Member
Jessica OlivasSecretary
Stephany FloresTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$232,390
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$232,390
Change in Net Assets
$30,878
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$201,512
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$12,532--$12,532
All Other Expenses-$6,294-$6,294
Conferences and Meetings-$1,000-$1,000
Total Functional Expenses$194,218$7,294$0$201,512
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
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
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 preparation and filing of the return is handled by the treasurer and president of the organization.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the the public upon request to the board of directors.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the the public upon request to the board of directors.”

Filing and Contact Details

Filer

Filer Name
Hobbs Hispano Chamber of Commerce Founda
EIN
26-0812769
Phone
5753931030
Address
113 N SHIPP ST, HOBBS, NM 88240

Signing Officer

Name
Oscar Gonzalez
Title
President
Phone
5753931030
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Oscar Gonzalez
Formed
2007
Legal Domicile
Nm
Voting Board Members
8
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Whitley Penn Llp
Address
225 E BENDER BLVD, HOBBS, NM 88240
Preparer
Stephany Flores
Phone
5753932171
Raw XML Appendix352 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.

Path#Value
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PREPARATION AND FILING OF THE RETURN IS HANDLED BY THE TREASURER AND PRESIDENT OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE THE PUBLIC UPON REQUEST TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE THE PUBLIC UPON REQUEST TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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IRS990/VotingMembersGoverningBodyCnt08
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0OSCAR GONZALEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05753931030
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOBBS HISPANO CHAMBER OF COMMERCE FOUNDA
ReturnHeader/Filer/BusinessNameControlTxt0HOBB
ReturnHeader/Filer/EIN0260812769
ReturnHeader/Filer/PhoneNum05753931030
ReturnHeader/Filer/USAddress/AddressLine1Txt0113 N SHIPP ST
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752393478
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHITLEY PENN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0225 E BENDER BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOBBS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd088240
ReturnHeader/PreparerPersonGrp/PhoneNum05753932171
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHANY FLORES
ReturnHeader/ReturnTs02025-05-15T11:27:47-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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