Civic Intelligence

National Hispanic Business Group Education Fund

990EZ • Fiscal year 2016 • EIN 26-1418542

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 18, 2017

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

76th percentile

0.16x

Higher debt load relative to assets than 76% of similar nonprofits.

2016 filings • NTEE S • <$500k nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

0.47x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • NTEE S • <$500k nonprofits • Source year 2016

Net Margin

4th percentile

-143%

Higher net margin than 4% of similar nonprofits.

2016 filings • NTEE S • <$500k nonprofits • Source year 2016

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2016 filings • NTEE S • <$500k nonprofits • Source year 2016

Asset Growth

11th percentile

-33%

Faster asset growth than 11% of similar nonprofits.

2016 filings • NTEE S • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

91st percentile

81%

Faster revenue growth than 91% of similar nonprofits.

2016 filings • NTEE S • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$22,424

Down $11,131 (-33%) from 2015

Net Assets

Down

$18,776

Down $11,131 (-37%) from 2015

Liabilities

Flat

$3,648

Flat from 2015

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin4th percentile

Revenue

Up

$7,788

Up $3,476 (+81%) from 2015

Expenses

Down

$18,919

Down $6,779 (-26%) from 2015

Net Income

Up

-$11,131

Up $10,255 (+48%) from 2015

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

2016

Assets$22,424
Liabilities$3,648
Net Assets$18,776
Open 2016 Filing

Operations Trend

Revenue Growth91st 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

2016

Revenue$7,788
Expenses$18,919
Net Income-$11,131
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 18, 2017
Return Version
2016v3.0
Gross Receipts
$7,788
Mission and Program Overview

Mission

Scholarships for students in financial need.

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS FOR STUDENTS IN FINANCIAL NEED.$15,000-
Compensation and Service Providers
Top Officer Pay76th 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
2017-10-18
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

“Scholarship committee $3250”

Other Expenses.2

“CREDIT CARD FEES $100”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $3648 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/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AIDA DESOTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ARMANDO RODRIGUEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SAMUEL PADILLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHAEL LIPARI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SERAFIN MARIEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JESUS LINARES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6WILLIAM SOTOMAYOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7CATHERINE LIDERSDORFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EMER DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4EMER DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03350
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SCHOLARSHIPS FOR STUDENTS IN FINANCIAL NEED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIPS FOR STUDENTS IN FINANCIAL NEED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt015000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt0788
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03648
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03648
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt018919
IRS990EZ/TotalProgramServiceExpensesAmt015000
IRS990EZ/TotalRevenueAmt07788
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.NHBG.ORG
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0133401149
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd09
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NATIONAL HISPANIC BUSINESS GROUP
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: EDUCATION/YOUTH | Donee's Name: 3 individual scholarships | Cash Amount Given: $15000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SCHOLARSHIP COMMITTEE $3250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT CARD FEES $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounts Payable and Accrued Expenses - Beginning $3648 Accounts Payable and Accrued Expenses - Ending $3648
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Total Liabilities.1001
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JESUS LINARES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIONAL HISPANIC BUSINESS GROUP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EDUCATION FUND
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0261418542
ReturnHeader/Filer/PhoneNum02122652664
ReturnHeader/Filer/USAddress/AddressLine1Txt045 WEST 21ST STREET-SUITE 6D
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010010
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Berard & Associates CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt044 Park Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Suffern
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010901
ReturnHeader/PreparerPersonGrp/PhoneNum08453575668
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALEE R BERARD
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-10-18T07:52:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,424
Liabilities
$3,648
Net assets
$18,776
Revenue
$7,788
Expenses
$18,919
Net income
-$11,131
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