Civic Intelligence

National Hispanic Business Group Education Fund

990EZ • Fiscal year 2018 • EIN 26-1418542

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

110 Wall Street-suite 5041New York, NY 10005

(212) 265-2664

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

2018 filings • NTEE S • <$500k nonprofits • Source year 2018

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.

2018 filings • NTEE S • <$500k nonprofits • Source year 2018

Asset Growth

48th percentile

0.4%

Faster asset growth than 48% of similar nonprofits.

2018 filings • NTEE S • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

8th percentile

-52%

Faster revenue growth than 8% of similar nonprofits.

2018 filings • NTEE S • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$64,232

Up $259 (+0.4%) from 2017

Net Assets

Up

$64,232

Up $3,907 (+6.5%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$29,445

Down $32,299 (-52%) from 2017

Expenses

Up

$25,538

Up $5,343 (+26%) from 2017

Net Income

Down

$3,907

Down $37,642 (-91%) from 2017

Historical Trend

Balance Sheet Trend

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

2018

Assets$64,232
Liabilities-
Net Assets$64,232

Operations Trend

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

2018

Revenue$29,445
Expenses$25,538
Net Income$3,907
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$62,680
Mission and Program Overview

Mission

Scholarships for students in financial need.

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS FOR STUDENTS IN FINANCIAL NEED.$21,500-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
AIDA DESOTOEmer Director-$0--
NELSON QUINONESSecretary-$0--
SAMUEL PADILLADirector-$0--
MICHAEL LIPARIDirector-$0--
SERAFIN MARIELEmer Director-$0--
JESUS LINARESCo Chair-$0--
WILLIAM SOTOMAYORTreasurer-$0--
CATHERINE LIDERSDORFFCo Chair-$0--
YASMIN CRUZDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$62,674$34,674$14,969$19,705
Total Events$62,674$34,674$33,235$1,439
Filing and Contact Details

Filer

Filer Name
National Hispanic Business Group
EIN
26-1418542
Phone
2122652664
Address
110 WALL STREET-SUITE 5041, NEW YORK, NY 10005

Signing Officer

Name
Jesus Linares
Title
Chairman
Signed
2019-11-05
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

Other Revenue.1

MISCELLANEOUS $6

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

Class of Activity: EDUCATION/YOUTH | Donee's Name: 4 individual scholarships | Cash Amount Given: $20000

Other Expenses.1

Scholarship committee $5095

Total Liabilities.1001

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

Raw XML Appendix185 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/TitleTxt5CO CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Treasurer
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportingOrganization509a3Ind0X
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt028000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS $6
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Class of Activity: EDUCATION/YOUTH | Donee's Name: 4 individual scholarships | Cash Amount Given: $20000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SCHOLARSHIP COMMITTEE $5095
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounts Payable and Accrued Expenses - Beginning $3648 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
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ReturnHeader/BuildTS02020-01-14 16:20:31Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-05
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ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EDUCATION FUND
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0261418542
ReturnHeader/Filer/PhoneNum02122652664
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ReturnHeader/PreparerPersonGrp/PhoneNum08453575668
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALEE R BERARD
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-11-05T11:00:16-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings