Civic Intelligence

El Centro De Igualdad Y Derechos

990 • Fiscal year 2017 • EIN 26-4675255

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 04, 2018

714 4th Street SWAlbuquerque, NM 87102

(505) 246-1627

Siviq Scores

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

Liabilities / Assets

36th percentile

0.03x

Higher debt load relative to assets than 36% of similar nonprofits.

2017 filings • NTEE P • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

44th percentile

0.03x

Higher debt load relative to revenue than 44% of similar nonprofits.

2017 filings • NTEE P • $500k-$1M nonprofits • Source year 2017

Net Margin

91st percentile

34%

Higher net margin than 91% of similar nonprofits.

2017 filings • NTEE P • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

66th percentile

$61,653

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

2017 filings • NTEE P • $500k-$1M nonprofits • Source year 2017

Asset Growth

84th percentile

45%

Faster asset growth than 84% of similar nonprofits.

2017 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

57th percentile

8.7%

Faster revenue growth than 57% of similar nonprofits.

2017 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$609,624

Up $188,289 (+45%) from 2016

Net Assets

Up

$590,991

Up $193,145 (+49%) from 2016

Liabilities

Down

$18,633

Down $4,856 (-21%) from 2016

Revenue

Up

$567,890

Up $45,229 (+8.7%) from 2016

Expenses

Up

$374,745

Up $60,321 (+19%) from 2016

Net Income

Down

$193,145

Down $15,092 (-7.2%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $109,437Liabilities 2011: $16,114Net Assets 2011: $93,3232011Assets 2012: $184,411Liabilities 2012: $21,372Net Assets 2012: $163,0392012Assets 2013: $233,866Liabilities 2013: $112,524Net Assets 2013: $121,3422013Assets 2014: $96,698Liabilities 2014: $50,901Net Assets 2014: $45,7972014Assets 2015: $211,773Liabilities 2015: $22,164Net Assets 2015: $189,6092015Assets 2016: $421,335Liabilities 2016: $23,489Net Assets 2016: $397,8462016Assets 2017: $609,624Liabilities 2017: $18,633Net Assets 2017: $590,9912017Assets 2018: $377,786Liabilities 2018: $25,427Net Assets 2018: $352,3592018Assets 2019: $330,626Liabilities 2019: $25,024Net Assets 2019: $305,6022019Assets 2020: $575,328Liabilities 2020: $136,086Net Assets 2020: $439,2422020Assets 2021: $843,597Liabilities 2021: $28,476Net Assets 2021: $815,1212021Assets 2022: $1,437,726Liabilities 2022: $39,909Net Assets 2022: $1,397,8172022Assets 2023: $1,437,552Liabilities 2023: $80,237Net Assets 2023: $1,357,3152023Assets 2024: $1,685,777Liabilities 2024: $84,961Net Assets 2024: $1,600,8162024

Highlighted filing

2017

Assets$609,624
Liabilities$18,633
Net Assets$590,991

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $234,3532011Expenses 2012: $302,4532012Expenses 2013: $340,3032013Revenue 2014: $237,799Expenses 2014: $313,344Net Income 2014: -$75,5452014Revenue 2015: $322,010Expenses 2015: $258,198Net Income 2015: $63,8122015Revenue 2016: $522,661Expenses 2016: $314,424Net Income 2016: $208,2372016Revenue 2017: $567,890Expenses 2017: $374,745Net Income 2017: $193,1452017Revenue 2018: $225,183Expenses 2018: $463,815Net Income 2018: -$238,6322018Revenue 2019: $372,092Expenses 2019: $418,849Net Income 2019: -$46,7572019Revenue 2020: $685,876Expenses 2020: $552,233Net Income 2020: $133,6432020Revenue 2021: $948,177Expenses 2021: $572,298Net Income 2021: $375,8792021Revenue 2022: $1,101,697Expenses 2022: $519,001Net Income 2022: $582,6962022Revenue 2023: $730,939Expenses 2023: $771,441Net Income 2023: -$40,5022023Revenue 2024: $1,098,830Expenses 2024: $855,329Net Income 2024: $243,5012024

Highlighted filing

2017

Revenue$567,890
Expenses$374,745
Net Income$193,145
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 4, 2018
Return Version
2016v3.1
Gross Receipts
$567,890
Mission and Program Overview

Mission

El centro de igualdad y derechos is a grass roots, latino immigrant led organization based in central new mexico that works with latino immigrant communities and allies to defend, strengthen, and advance the rights of our community. We envision a city, state and nation where immigrants can become a collective, conscious, free and powerful force dedicated to the promotion of human rights.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$396,143$378,811▼ $17,332
Cash and Non-Interest-Bearing Accounts$22,106$228,686▲ $206,580
Prepaid Expenses and Deferred Charges$808$1,350▲ $542
Land, Buildings, and Equipment, Net$1,569$729▼ $840
Accounts Receivable$709$48▼ $661
Total Assets$421,335$609,624▲ $188,289
Liabilities
Accounts Payable and Accrued Expenses$23,489$18,633▼ $4,856
Total Liabilities$23,489$18,633▼ $4,856
Net Assets / Fund Balance
Temporarily Rstr Net Assets$400,798$540,255▲ $139,457
Unrestricted Net Assets$-2,952$50,736▲ $53,688
Total Net Assets Fund Balance$397,846$590,991▲ $193,145
Total Liabilities and Net Assets / Fund Balance$421,335$609,624▲ $188,289

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$729$1,620$2,349
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rachel LazarExecutive DiFT$57,606$4,047$61,653

Board Members and Trustees

NameTitle
Bertha CamposPresident
EMMA O'SULLIVANDirector
Barbara LopezSecretary
Luz LopezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$565,964
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,926
All Other Contributions
$565,042
Change in Net Assets
$193,145

Audited Revenue Reconciliation

Revenue per Audited Statements
$567,890
Total Revenue per Audited Statements
$567,890
Total Revenue per Form 990
$567,890
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$224,727
Other Expenses$150,018
Total Fundraising Expense$14,747
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$72,247$35,454-$107,701
Current Officers, Directors, Trustees, and Key Employees$70,509$8,813$8,813$88,135
Fees for Services Other$71,173$1,260$1,522$73,955
Fees for Services Accounting$18,562$1,650$412$20,624
Payroll Taxes$10,726$3,339$658$14,723
Office Expenses$12,514$1,071$922$14,507
Occupancy$12,383$721$1,363$14,467
Other Employee Benefits$10,242$3,353$573$14,168
Travel$10,088$6$11$10,105
Conferences and Meetings$7,977--$7,977
Insurance$943$1,498$112$2,553
Depreciation Depletion-$840-$840
Other Expenses$86$185$16$271
Total Functional Expenses$301,522$58,476$14,747$374,745

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$374,745
Total Expenses per Audited Statements$374,745
Total Expenses per Form 990$374,745
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,926
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
Annual disclosure for covered persons
No
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
Yes
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 11B

A draft of the 990 is provided to management and the board of directors for their review and approval prior to filing.

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

Compensation for top management officials is determined as part of the annual budgeting process.

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

Compensation for officers or key employees, if applicable, would be determined as part of the annual budgeting process.

Form 990, Page 6, Part VI, Line 19

The organizations governing documents are maintained at the organizations office and can be obtained by contacting the executive director.

Filing and Contact Details

Filer

Filer Name
El Centro De Igualdad Y Derechos
EIN
26-4675255
Phone
5052461627
Address
714 4TH STREET SW, ALBUQUERQUE, NM 87102

Signing Officer

Name
Rachel Lazar
Title
Executive Director
Phone
5052461627
Signed
2018-04-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rachel Lazar
Formed
2010
Legal Domicile
Nm
Voting Board Members
4
Independent Board Members
4
Employees
6
Volunteers
220

Preparer

Firm
Loftis Group LLC
Address
4811 HARDWARE RD NE STE E-4, ALBUQUERQUE, NM 87109-2023
Preparer
Armando Sanchez
Phone
5052935009
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

El centro de igualdad y derechos is a grass roots, latino immigrant led organization based in central new mexico that works with latino immigrant communities and allies to defend, strengthen, and advance the rights of our community. We envision a city, state and nation where immigrants can become a collective, conscious, free and powerful force dedicated to the promotion of human rights.

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

Campaigns to support pro-immigrant and non-discriminatory policies at the local and federal level that are conducive to the full integration of immigrant communities and that actively fight against anti-immigrant policy initiatives.

Form 990, Part IX, Line 11G

Program contract services 71,173 1,260 1,522

Financial Statement Notes

Schedule D, Page 3, Part X

El centro de igualdad y derechos (el centro) is exempt from income taxes under section 501(c)(3) of the internal revenue code and has been classified by the internal revenue service as an organization that is not a private foundation. The financial accounting standards board (fasb) issued fasb asc 740-10, accounting for uncertainty in income taxes, which provides guidance on how to measure and account for various tax positions. El centro determined no material unrecognized tax benefits or liabilities existed as of june 30, 2017. If applicable, el centro will recognize interest and penalties related to underpayment of income taxes as income tax expense. As of june 30, 2017, el centro had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. El centro does not anticipate any significant changes to unrecognized tax benefits over the next year. Management of el centro believes its activities allow it to continue to be classified as an organization exempt from income tax under section 501(c) (3) of the internal revenue code and has not identified any activities subject to unrelated business income tax. El centro files federal form 990, return of organization exempt from income tax, with the internal revenue service and copies of form 990 with states in which el centro is registered. The statute of limitations for examination of the foundation's returns expires three years from the due date of the return or the date filed, whichever is later. The foundation's returns for the years ended december 31, 2014, are still open for examination and management anticipates the statute of limitations for the return for the year ended june 30, 2017, will expire in may 2021.

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EL CENTRO DE IGUALDAD Y DERECHOS (EL CENTRO) IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PROVIDES GUIDANCE ON HOW TO MEASURE AND ACCOUNT FOR VARIOUS TAX POSITIONS. EL CENTRO DETERMINED NO MATERIAL UNRECOGNIZED TAX BENEFITS OR LIABILITIES EXISTED AS OF JUNE 30, 2017. IF APPLICABLE, EL CENTRO WILL RECOGNIZE INTEREST AND PENALTIES RELATED TO UNDERPAYMENT OF INCOME TAXES AS INCOME TAX EXPENSE. AS OF JUNE 30, 2017, EL CENTRO HAD NO AMOUNTS RELATED TO UNRECOGNIZED INCOME TAX BENEFITS AND NO AMOUNTS RELATED TO ACCRUED INTEREST AND PENALTIES. EL CENTRO DOES NOT ANTICIPATE ANY SIGNIFICANT CHANGES TO UNRECOGNIZED TAX BENEFITS OVER THE NEXT YEAR. MANAGEMENT OF EL CENTRO BELIEVES ITS ACTIVITIES ALLOW IT TO CONTINUE TO BE CLASSIFIED AS AN ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND HAS NOT IDENTIFIED ANY ACTIVITIES SUBJECT TO UNRELATED BUSINESS INCOME TAX. EL CENTRO FILES FEDERAL FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, WITH THE INTERNAL REVENUE SERVICE AND COPIES OF FORM 990 WITH STATES IN WHICH EL CENTRO IS REGISTERED. THE STATUTE OF LIMITATIONS FOR EXAMINATION OF THE FOUNDATION'S RETURNS EXPIRES THREE YEARS FROM THE DUE DATE OF THE RETURN OR THE DATE FILED, WHICHEVER IS LATER. THE FOUNDATION'S RETURNS FOR THE YEARS ENDED DECEMBER 31, 2014, ARE STILL OPEN FOR EXAMINATION AND MANAGEMENT ANTICIPATES THE STATUTE OF LIMITATIONS FOR THE RETURN FOR THE YEAR ENDED JUNE 30, 2017, WILL EXPIRE IN MAY 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EL CENTRO DE IGUALDAD Y DERECHOS IS A GRASS ROOTS, LATINO IMMIGRANT LED ORGANIZATION BASED IN CENTRAL NEW MEXICO THAT WORKS WITH LATINO IMMIGRANT COMMUNITIES AND ALLIES TO DEFEND, STRENGTHEN, AND ADVANCE THE RIGHTS OF OUR COMMUNITY. WE ENVISION A CITY, STATE AND NATION WHERE IMMIGRANTS CAN BECOME A COLLECTIVE, CONSCIOUS, FREE AND POWERFUL FORCE DEDICATED TO THE PROMOTION OF HUMAN RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CAMPAIGNS TO SUPPORT PRO-IMMIGRANT AND NON-DISCRIMINATORY POLICIES AT THE LOCAL AND FEDERAL LEVEL THAT ARE CONDUCIVE TO THE FULL INTEGRATION OF IMMIGRANT COMMUNITIES AND THAT ACTIVELY FIGHT AGAINST ANTI-IMMIGRANT POLICY INITIATIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE 990 IS PROVIDED TO MANAGEMENT AND THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR TOP MANAGEMENT OFFICIALS IS DETERMINED AS PART OF THE ANNUAL BUDGETING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION FOR OFFICERS OR KEY EMPLOYEES, IF APPLICABLE, WOULD BE DETERMINED AS PART OF THE ANNUAL BUDGETING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATIONS GOVERNING DOCUMENTS ARE MAINTAINED AT THE ORGANIZATIONS OFFICE AND CAN BE OBTAINED BY CONTACTING THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROGRAM CONTRACT SERVICES 71,173 1,260 1,522
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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ReturnHeader/BusinessOfficerGrp/PersonNm0RACHEL LAZAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
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ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ARMANDO SANCHEZ
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ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.69$0.08$1.60$1.10$0.86$0.24
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.08$1.36$0.73$0.77$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.44$0.04$1.40$1.10$0.52$0.58
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.03$0.82$0.95$0.57$0.38
2020Detailed filing. Detailed filing data is available for this year.$0.58$0.14$0.44$0.69$0.55$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.33$0.03$0.31$0.37$0.42$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.38$0.03$0.35$0.23$0.46$0.24
2017Detailed filing. Detailed filing data is available for this year.$0.61$0.02$0.59$0.57$0.37$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.02$0.40$0.52$0.31$0.21
2015Detailed filing. Detailed filing data is available for this year.$0.21$0.02$0.19$0.32$0.26$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.05$0.05$0.24$0.31$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.11$0.12$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.02$0.16$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.02$0.09$0.23