Civic Intelligence

National Hispanic Business Group Education Fund

990EZ • Fiscal year 2015 • EIN 26-1418542

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 11, 2016

Organization ProfileWWW.NHBG.ORG
45 West 21st Street-suite 6DNew York, NY 10010

(212) 265-2664

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.11x

Higher debt load relative to assets than 73% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Liabilities / Revenue

95th percentile

0.85x

Higher debt load relative to revenue than 95% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Net Margin

1st percentile

-496%

Higher net margin than 1% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Asset Growth

11th percentile

-35%

Faster asset growth than 11% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

2nd percentile

-96%

Faster revenue growth than 2% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$33,555

Down $17,738 (-35%) from 2014

Net Assets

Down

$29,907

Down $21,386 (-42%) from 2014

Liabilities

$3,648

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin1st percentile

Revenue

Down

$4,312

Down $95,551 (-96%) from 2014

Expenses

Down

$25,698

Down $22,872 (-47%) from 2014

Net Income

Down

-$21,386

Down $72,679 (-142%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$150K$100K$50K$0Assets 2014: $51,293Net Assets 2014: $51,2932014Assets 2015: $33,555Liabilities 2015: $3,648Net Assets 2015: $29,9072015Assets 2016: $22,424Liabilities 2016: $3,648Net Assets 2016: $18,7762016Assets 2017: $63,973Liabilities 2017: $3,648Net Assets 2017: $60,3252017Assets 2018: $64,232Net Assets 2018: $64,2322018Assets 2019: $52,786Net Assets 2019: $52,7862019Assets 2020: $44,854Net Assets 2020: $44,8542020Assets 2021: $41,960Net Assets 2021: $41,9602021Assets 2022: $85,052Net Assets 2022: $85,0522022Assets 2023: $104,853Liabilities 2023: $1,082Net Assets 2023: $103,7712023Assets 2024: $77,806Liabilities 2024: $4,750Net Assets 2024: $73,0562024

Highlighted filing

2015

Assets$33,555
Liabilities$3,648
Net Assets$29,907
Open 2015 Filing

Operations Trend

Revenue Growth2nd percentile

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

$100K$50K$0-$50KRevenue 2014: $99,863Expenses 2014: $48,570Net Income 2014: $51,2932014Revenue 2015: $4,312Expenses 2015: $25,698Net Income 2015: -$21,3862015Revenue 2016: $7,788Expenses 2016: $18,919Net Income 2016: -$11,1312016Revenue 2017: $61,744Expenses 2017: $20,195Net Income 2017: $41,5492017Revenue 2018: $29,445Expenses 2018: $25,538Net Income 2018: $3,9072018Revenue 2019: $106Expenses 2019: $11,552Net Income 2019: -$11,4462019Revenue 2020: $5Expenses 2020: $7,937Net Income 2020: -$7,9322020Revenue 2021: $4Expenses 2021: $2,898Net Income 2021: -$2,8942021Revenue 2022: $46,032Expenses 2022: $2,940Net Income 2022: $43,0922022Revenue 2023: $31,844Expenses 2023: $13,125Net Income 2023: $18,7192023Revenue 2024: $9Expenses 2024: $30,724Net Income 2024: -$30,7152024

Highlighted filing

2015

Revenue$4,312
Expenses$25,698
Net Income-$21,386
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 11, 2016
Return Version
2015v2.0
Gross Receipts
$10,234
Mission and Program Overview

Mission

Scholarships for students in financial need.

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS FOR STUDENTS IN FINANCIAL NEED.$78,110-
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AIDA DESOTOEmer Director-$0--
ARMANDO RODRIGUEZDirector-$0--
SAMUEL PADILLAVice Chairman-$0--
MICHAEL LIPARITreasurer-$0--
SERAFIN MARIELEmer Director-$0--
JESUS LINARESChairman-$0--
WILLIAM SOTOMAYORDirector-$0--
CATHERINE LIDERSDORFFSecretary-$0--
Filing and Contact Details

Filer

Filer Name
National Hispanic Business Group
EIN
26-1418542
Phone
2122652664
Address
45 WEST 21ST STREET-SUITE 6D, NEW YORK, NY 10010

Signing Officer

Name
Jesus Linares
Title
Chairman
Signed
2016-10-11
Discuss with paid preparer
Yes

Preparer

Firm
Berard & Associates CPAs PC
Address
44 Park Ave, Suffern, NY 10901
Preparer
Donalee R Berard
Phone
8453575668
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“Class of Activity: EDUCATION/YOUTH | Donee's Name: 3 individual scholarships | Cash Amount Given: $15000”

Other Expenses.1

“Business development $3844”

Other Expenses.2

“Scholarship committee $3150”

Other Expenses.3

“COMMISSIONS $1005”

Other Expenses.4

“CREDIT CARD FEES $291”

Other Assets.1005

“Accounts Receivable - Beginning $6628 Accounts Receivable - Ending $0”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $3648”

Raw XML Appendix172 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Secretary
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
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IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd09
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NATIONAL HISPANIC BUSINESS GROUP
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: EDUCATION/YOUTH | Donee's Name: 3 individual scholarships | Cash Amount Given: $15000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUSINESS DEVELOPMENT $3844
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SCHOLARSHIP COMMITTEE $3150
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1001
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JESUS LINARES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIONAL HISPANIC BUSINESS GROUP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EDUCATION FUND
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0261418542
ReturnHeader/Filer/PhoneNum02122652664
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ReturnHeader/Filer/USAddress/ZIPCd010010
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Suffern
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010901
ReturnHeader/PreparerPersonGrp/PhoneNum08453575668
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALEE R BERARD
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-10-11T10:33:56-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$33,555
Liabilities
$3,648
Net assets
$29,907
Revenue
$4,312
Expenses
$25,698
Net income
-$21,386
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.78$0.05$0.73$0.00$0.31$0.31
2023Detailed filing. Detailed filing data is available for this year.$1.05$0.01$1.04$0.32$0.13$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.85$0.85$0.46$0.03$0.43
2021Detailed filing. Detailed filing data is available for this year.$0.42$0.42$0.00$0.03$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.45$0.45$0.00$0.08$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.53$0.53$0.00$0.12$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.64$0.64$0.29$0.26$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.64$0.04$0.60$0.62$0.20$0.42
2016Detailed filing. Detailed filing data is available for this year.$0.22$0.04$0.19$0.08$0.19$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.34$0.04$0.30$0.04$0.26$0.21
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.51$1.00$0.49$0.51