Civic Intelligence

Hispanic Alliance Inc

990 • Fiscal year 2016 • EIN 26-2001603

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 15, 2017

3110 W 25th StreetCleveland, OH 44109

(216) 661-4249

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

30th percentile

-4.9%

Higher net margin than 30% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

97th percentile

$83,556

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 31.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

31st percentile

-7.9%

Faster asset growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

85th percentile

47%

Faster revenue growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$155,917

Down $13,448 (-7.9%) from 2015

Net Assets

Down

$155,917

Down $13,298 (-7.9%) from 2015

Liabilities

Down

$0

Down $150 (-100%) from 2015

Revenue

Up

$269,756

Up $86,020 (+47%) from 2015

Expenses

Up

$283,054

Up $87,461 (+45%) from 2015

Net Income

Down

-$13,298

Down $1,441 (-12%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $140,355Liabilities 2010: $0Net Assets 2010: $140,3552010Assets 2011: $64,817Liabilities 2011: $100Net Assets 2011: $64,7172011Assets 2012: $140,492Liabilities 2012: $1,485Net Assets 2012: $139,0072012Assets 2013: $200,399Liabilities 2013: $9,400Net Assets 2013: $190,9992013Assets 2014: $186,470Liabilities 2014: $5,398Net Assets 2014: $181,0722014Assets 2015: $169,365Liabilities 2015: $150Net Assets 2015: $169,2152015Assets 2016: $155,917Liabilities 2016: $0Net Assets 2016: $155,9172016Assets 2017: $174,276Liabilities 2017: $0Net Assets 2017: $174,2762017Assets 2018: $36,911Liabilities 2018: $1,487Net Assets 2018: $35,4242018Assets 2019: $18,091Liabilities 2019: $0Net Assets 2019: $18,0912019

Highlighted filing

2016

Assets$155,917
Liabilities$0
Net Assets$155,917

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $149,8402010Expenses 2011: $119,8932011Expenses 2012: $89,9152012Revenue 2013: $203,017Expenses 2013: $151,025Net Income 2013: $51,9922013Revenue 2014: $181,012Expenses 2014: $190,939Net Income 2014: -$9,9272014Revenue 2015: $183,736Expenses 2015: $195,593Net Income 2015: -$11,8572015Revenue 2016: $269,756Expenses 2016: $283,054Net Income 2016: -$13,2982016Revenue 2017: $270,542Expenses 2017: $252,183Net Income 2017: $18,3592017Revenue 2018: $106,528Expenses 2018: $245,380Net Income 2018: -$138,8522018Revenue 2019: $137,158Expenses 2019: $154,491Net Income 2019: -$17,3332019

Highlighted filing

2016

Revenue$269,756
Expenses$283,054
Net Income-$13,298
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 15, 2017
Return Version
2016v3.0
Gross Receipts
$269,756
Mission and Program Overview

Mission

Hispanic alliance, inc. Is a not-for-profit local hispanic membership corporation. Its mission is to integrate the hispanic/latino community by uniting, supporting, and strengthening hispanic alliance (see schedule o) members in greater cleveland and northern ohio; and further the social, educational and economic development of the hispanic/latino community through advocacy, leadership development and the formation of strategic partnerships. Hispanic alliances' vision is to become the vehicle to integrate the hispanic/latino community and all of its stakeholders as a visible, recognizable and valuable presence within the hispanic/latino and the broader community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$145,829$146,089▲ $260
Land, Buildings, and Equipment, Net$2,982$5,473▲ $2,491
Cash and Non-Interest-Bearing Accounts$12,516$3,320▼ $9,196
Prepaid Expenses and Deferred Charges$7,238$235▼ $7,003
Total Assets$169,365$155,917▼ $13,448
Other Assets Total$800$800→ $0
Liabilities
Other Liabilities$150--
Total Liabilities$150$0▼ $150
Net Assets / Fund Balance
Temporarily Rstr Net Assets$145,000$145,000→ $0
Unrestricted Net Assets$24,215$10,917▼ $13,298
Total Net Assets Fund Balance$169,215$155,917▼ $13,298
Total Liabilities and Net Assets / Fund Balance$169,365$155,917▼ $13,448

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,765$14,136$15,901
Leasehold Improvements-$5,550$5,550
Equipment$3,708$823$4,531
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Exec Directo$83,556$83,556

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$240,205
Program Service Revenue
$29,551
Investment Income
$0
Other Revenue
$0
All Other Contributions
$240,205
Change in Net Assets
$-13,298

Audited Revenue Reconciliation

Revenue per Audited Statements
$269,756
Total Revenue per Audited Statements
$269,756
Total Revenue per Form 990
$269,756
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$169,698
Other Expenses$113,356
Total Fundraising Expense$29,235
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$61,166$6,225$16,165$83,556
Other Salaries and Wages$73,804--$73,804
Fees for Services Other$10,518$11,352$5,450$27,320
Occupancy$11,674$2,791$3,081$17,546
Payroll Taxes$9,939$1,141$1,258$12,338
Fees for Services Accounting-$8,806$1,450$10,256
Travel$9,750$137-$9,887
Other Expenses$2,697$4,465-$7,162
Information Technology$3,933$991$1,038$5,962
Office Expenses$895$4,089$236$5,220
Advertising$1,593--$1,593
Insurance$1,060$221$306$1,587
Depreciation Depletion$669$209$251$1,129
Conferences and Meetings-$593-$593
Total Functional Expenses$212,799$41,020$29,235$283,054

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$283,054
Total Expenses per Audited Statements$283,054
Total Expenses per Form 990$283,054
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

All members are elected based on service to the hispanic community

Form 990, Page 6, Part VI, Line 11B

A copy of the federal form 990 was provided to the finance committee prior to filing.

Form 990, Page 6, Part VI, Line 12C

At the first meeting of each year the board president will ask all board memebers to read the organization's conflict of interest policy and ask each member to disclose any possible conflicts of interest they may have.

Form 990, Page 6, Part VI, Line 15A

Compensation is based on industry standard and board approval

Form 990, Page 6, Part VI, Line 19

Consistent with the requirements of section 6104 (d) of the irc and the regulations thereunder, copies of the organization's federal form 990 shall be made available upon request, in a timely maner, and subject to the charges permitted by law to any individual who requests it.

Filing and Contact Details

Filer

Filer Name
Hispanic Alliance Inc
EIN
26-2001603
Phone
2166614249
Address
3110 W 25TH STREET, CLEVELAND, OH 44109

Signing Officer

Name
Juan Molina Crespo
Title
Exec Director
Phone
2166614249
Signed
2017-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Juan Molina Crespo
Formed
2008
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
4
Volunteers
100

Preparer

Firm
Koester Disalvo and Fried
Address
5587 TURNEY ROAD, GARFIELD HTS, OH 44125
Preparer
Kc Koester
Phone
2164757844
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Hispanic alliance, inc. Is a not-for-profit local hispanic membership corporation. Its mission is to integrate the hispanic/latino community by uniting, supporting, and strengthening hispanic alliance (see schedule o) members in greater cleveland and northern ohio; and further the social, educational and economic development of the hispanic/latino community through advocacy, leadership development and the formation of strategic partnerships. Hispanic alliances' vision is to become the vehicle to integrate the hispanic/latino community and all of its stakeholders as a visible, recognizable and valuable presence within the hispanic/latino and the broader community.

Form 990, Page 1, Part I, Line 6

Hispanic alliance, inc. Has minimal staff and therefore all programs and promotional activites are assisted on by volunteers. The community engagement center has approximatedly 83 volunteers.

Form 990, Page 2, Part III, Line 4B

Neighboring counties on latinex health disparities. Staff was also the organizing force behind the settlement between the catholic diocese and the displace roehl street tenants. They are working very effectively with the local faith-based organizations and leaders, and are also currently creating a local resident community council to address systemic and institutional disparities between latinex residents and local institutions to make equity and justice part of any serious dialog impacting their lives. Community engagement center played a key leadership role throughout convencion hispana, culmination on october 8. Funding provided by w.k. Kellogg foundation, metrohealth systems and cleveland clinic.

Form 990, Page 2, Part III, Line 4C

Have distributed six hundred and forty panes and registered 420 new voters. Club san lorenzo and benny's sports grill have hosted registration and gotv panels. Funding provided by cleveland jewish federation and cleveland votes.

Form 990, Page 2, Part III, Line 4D

Haldi-hispanic alliance leadership development initiative: cohort v - 2017 held its orientation thursday august 18. We currently have twenty participants registered for haldi cohort v. The intensive monthly sessions begins friday september 16. We currently have an alumni association of fifty graduates; this represents a seventy-eight percent completion rate. The haldi curriculum has been replicated at chicago's ruiz belvis cultural center. This fall, in honor of hispanic heritage month we will be holding the first ever condensed haldi curricula at lakeland community college for current and incoming latino students. Haldi continues to provide new and dynamic leadership to cleveland area organizations, civic committees, and for a variety of boards of directors. Its most recognizable element continues to be the authentic latinz context in which leadership curricula is framed. Funding, provided by cleveland foundation, keybank, forest city enterprises, pnc, rpm and third federal bank. In august and september, we also received in-kind contributions from participating institutions in excess of 2,000 tuitions.

Financial Statement Notes

Schedule D, Page 3, Part X

Hispanic alliance, inc. Complies with fasb asc 740- accounting for uncertainty in income taxes. Fasb asc 740 details how companies should recognize, measure, present and disclose uncertain tax positions that have been or are expected to be taken. As such, the financial statements would reflect expected future tax consequences of uncertain tax positions presuming the taxing authorities' full knowledge of the position and all relevant facts, if they existed. The management of hispanic alliance, inc. Believes that there are no uncertain tax positions. The organization's tax years that remain subject to examination by the internal revenue service are 2013 and forward.

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IRS990/Desc0COMMUNITY REDEVELOPMENT - LA VILLA HISPANA: CONTINUES TO MOVE FORWARD WITH ITS AMBITIOUS PLANS. LA PLACITA WILL BE CLOSING OUT ITS SECOND PLACITA SEASON SATURDAY, SEPTEMBER 10. WE HAVE A SOON TO BE RELEASED ACTION PLAN, AND A VERY STRONG COMMITTEE STRUCTURE WHICH FOCUSES ON THREE MAJOR ELEMENTS; ECONOMIC DEVELOPMENT, ARTS AND CULTURE, AND COMMUNITY ENGAGEMENT. A MEMORANDUM OF UNDERSTANDING WILL BE SIGNED BY ALL INTERNAL AND EXTERNAL STAKEHOLDERS IN A PUBLIC CEREMONY ON OCTOBER 21. WE ALSO WILL BE ACHIEVING A MAJOR MILESTONE LATER THIS FALL WHEN THE HISPANIC BUISNESS CENTER SIGNS A PURCHASE AGREEMENT FOR THE BUILDING TO HOUSE EL MERCADO. HISPANIC ALLIANCE RECEIVES NO FUNDING FOR THIS INITIATIVE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
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IRS990/MissionDesc0HISPANIC ALLIANCE, INC. IS A NOT-FOR-PROFIT LOCAL HISPANIC MEMBERSHIP CORPORATION. ITS MISSION IS TO INTEGRATE THE HISPANIC/LATINO COMMUNITY BY UNITING, SUPPORTING, AND STRENGTHENING HISPANIC ALLIANCE (SEE SCHEDULE O) MEMBERS IN GREATER CLEVELAND AND NORTHERN OHIO; AND FURTHER THE SOCIAL, EDUCATIONAL AND ECONOMIC DEVELOPMENT OF THE HISPANIC/LATINO COMMUNITY THROUGH ADVOCACY, LEADERSHIP DEVELOPMENT AND THE FORMATION OF STRATEGIC PARTNERSHIPS. HISPANIC ALLIANCES' VISION IS TO BECOME THE VEHICLE TO INTEGRATE THE HISPANIC/LATINO COMMUNITY AND ALL OF ITS STAKEHOLDERS AS A VISIBLE, RECOGNIZABLE AND VALUABLE PRESENCE WITHIN THE HISPANIC/LATINO AND THE BROADER COMMUNITY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY ENGAGEMENT CENTER: THE CEC HAS VERY QUICKLY EMERGED AS A RECOGNIZABLE AND EFFECTIVE MODEL TO EDUCATE, ORGANIZE AND MOBILIZE COMMUNITY RESIDENTS TO TAKE ACTION ON THE SALIENT ISSUES THAT IMPACT THEM AND THEIR FAMILIES. CEC REPRESENTS THE HISPANIC ALLIANCE ON THE BUILD CHALLENGE CONSORTIUM ALONG WITH OTHER PARTNERS TO IDENTIFY AND FIND SOLUTIONS FOR THE LEAD HAZARDS IN THE HOMES IN 44109. THE STAFF COMPRISES OF CURRENT AND FORMER HALDI PARTICIPANTS, WHICH HAVE RECEIVED ADDITIONAL TRAINING BY THE GREATER CLEVELAND CONGREGATIONS AND OHIO ORGANIZING COLLABORATIVE TO PERFECT THEIR ORGANIZING SKILLS. STAFF CONTINUES TO PROVIDE LEADERSHIP TO THE NORTHEAST OHIO ASSOCIATION OF HISPANIC HEALTH (NOAHH), AND HAS BEEN APPROACHED TO LEAD A REGIONAL CONFERENCE WITH FOUR NEIGHBORING COUNTIES ON LATINEX HEALTH DISPARITIES. STAFF WAS ALSO THE ORGANIZING FORCE BEHIND THE SETTLEMENT BETWEEN THE CATHOLIC DIOCESE AND THE DISPLACE ROEHL STREET TENANTS. THEY ARE WORKING VERY EFFECTIVELY WITH THE LOCAL FAITH-BASED ORGANIZATIONS AND LEADERS, AND ARE ALSO CURRENTLY CREATING A LOCAL RESIDENT COMMUNITY COUNCIL TO ADDRESS SYSTEMIC AND INSTITUTIONAL DISPARITIES BETWEEN LATINEX RESIDENTS AND LOCAL INSTITUTIONS TO MAKE EQUITY AND JUSTICE PART OF ANY SERIOUS DIALOG IMPACTING THEIR LIVES. COMMUNITY ENGAGEMENT CENTER PLAYED A KEY LEADERSHIP ROLE THROUGHOUT CONVENCION HISPANA, CULMINATION ON OCTOBER 8. FUNDING PROVIDED BY W.K. KELLOGG FOUNDATION, METROHEALTH SYSTEMS AND CLEVELAND CLINIC.
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IRS990/ProgSrvcAccomActy3Grp/Desc0SPANISH ADVISORY BOARD TO THE ELECTORATE (SABE): THE SPANISH LANGUAGE ADVISORY BOARD CAME INTO EXISTENCE WITH THE DEPARTMENT OF JUSTICE CONSENT DECREE MANDATING ALL ELECTION MATERIALS BE AVAILABLE IN SPANISH THROUGHOUT CUYAHOGA COUNTY. SABE CURRENTLY FUNCTIONS AS A VOLUNTEER GROUP OF ELEVEN INDIVIDUALS, SEVERAL WHO HAVE GRADUATED FROM HALDI. WE ARE CURRENTLY PARTNERING WITH TASTEMAKERS, A GROUP OF DJS, DESIGNERS, RADIO PERSONALITIES AND TREND SETTERS TO MOTIVATE LATINEX YOUTH TO REGISTER TO VOTE AND TO GOTV THIS FALL. WE LAUNCHED PAN (PROGRAMA DE ALIMENTACION NUTRICIONAL) IN EARLY JULY. PAN PROVIDES FREE FRESHLY BAKED BREAD ON SATURDAY MORNINGS THROUGHOUT THE 44109 AND WARD 14 NEIGHBORHOODS, ENCOURAGING VOTER REGISTRATION AND GOTV. SABE WILL SOON BE BROADCASTING ITS MESSAGE ON LA MEGA. TO DATE WE HAVE DISTRIBUTED SIX HUNDRED AND FORTY PANES AND REGISTERED 420 NEW VOTERS. CLUB SAN LORENZO AND BENNY'S SPORTS GRILL HAVE HOSTED REGISTRATION AND GOTV PANELS. FUNDING PROVIDED BY CLEVELAND JEWISH FEDERATION AND CLEVELAND VOTES.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0HALDI-HISPANIC ALLIANCE LEADERSHIP DEVELOPMENT INITIATIVE: COHORT V - 2017 HELD ITS ORIENTATION THURSDAY AUGUST 18. WE CURRENTLY HAVE TWENTY PARTICIPANTS REGISTERED FOR HALDI COHORT V. THE INTENSIVE MONTHLY SESSIONS BEGINS FRIDAY SEPTEMBER 16. WE CURRENTLY HAVE AN ALUMNI ASSOCIATION OF FIFTY GRADUATES; THIS REPRESENTS A SEVENTY-EIGHT PERCENT COMPLETION RATE. THE HALDI CURRICULUM HAS BEEN REPLICATED AT CHICAGO'S RUIZ BELVIS CULTURAL CENTER. THIS FALL, IN HONOR OF HISPANIC HERITAGE MONTH WE WILL BE HOLDING THE FIRST EVER CONDENSED HALDI CURRICULA AT LAKELAND COMMUNITY COLLEGE FOR CURRENT AND INCOMING LATINO STUDENTS. HALDI CONTINUES TO PROVIDE NEW AND DYNAMIC LEADERSHIP TO CLEVELAND AREA ORGANIZATIONS, CIVIC COMMITTEES, AND FOR A VARIETY OF BOARDS OF DIRECTORS. ITS MOST RECOGNIZABLE ELEMENT CONTINUES TO BE THE AUTHENTIC LATINZ CONTEXT IN WHICH LEADERSHIP CURRICULA IS FRAMED. FUNDING, PROVIDED BY CLEVELAND FOUNDATION, KEYBANK, FOREST CITY ENTERPRISES, PNC, RPM AND THIRD FEDERAL BANK. IN AUGUST AND SEPTEMBER, WE ALSO RECEIVED IN-KIND CONTRIBUTIONS FROM PARTICIPATING INSTITUTIONS IN EXCESS OF 2,000 TUITIONS.
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