Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Fe Foundation of the Hispanic Chamb Commerce of the Lehigh Valley
EIN 27-1912799 • 501(c)3 • Allentown, PA
Profile
The objective of the futuros emoresaruis (fe) program is develop tomorrow's business leaders by teaching them basic entrepreneurial skills and enable them to expand on this new knowledge by working at a company or organization aligned with their future interests. Furthermore, the fe foundation hopes to give high school students in 10th and 11th grade the final push they need to make the decision to take action toward a postive future.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
83rd percentile
Higher net margin than 83% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
81st percentile
Faster asset growth than 81% of similar nonprofits.
Revenue Growth
59th percentile
Faster revenue growth than 59% of similar nonprofits.
Balance Sheet
Assets
Up$55,675
Up $13,278 (+31%) from 2021
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$55,675
Up $13,278 (+31%) from 2021
Revenue
Up$39,745
Up $1,880 (+5.0%) from 2021
Expenses
Up$26,468
Up $10,331 (+64%) from 2021
Net Income
Down$13,277
Down $8,451 (-39%) from 2021
Trend Graphs
Filings
Most recent year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $55,675
- Liabilities
- -
- Net assets
- $55,675
- Revenue
- $39,745
- Expenses
- $26,468
- Net income
- $13,277
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 8, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $39,745
Mission and Program Overview
Mission
The objective of the futuros emoresaruis (fe) program is develop tomorrow's business leaders by teaching them basic entrepreneurial skills and enable them to expand on this new knowledge by working at a company or organization aligned with their future interests. Furthermore, the fe foundation hopes to give high school students in 10th and 11th grade the final push they need to make the decision to take action toward a postive future.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE FOUNDATION RUNS A WEEK LONG ACADEMIC PROGRAM DURING THE SUMMER TO TEACH HISPANIC STUDENTS NECESSARY BUSINESS AND ENTREPENURIAL SKILLS TO INCREASE THEIR RATE OF EDCATIONAL, ECONOMICAL, AND SOCIAL SUCCESS. | - | $17,478 |
| THE FOUNDATIONS THIRD MAJOR ACTIVITY IS MAINTAING A PREP COURSE TO PREPARE STUDENTS THE NECESSARY SKILLS TO TAKE THE SAT. | - | $2,727 |
| THE FOUNDATION PROVIDES LOCAL LEHIGH VALLEY STUDENTS WITH INTERNSHIPS IN AREA BUSINESSES TO TEACH THE STUDENTS OPPORTUNITIES AVAILABLE AND GAIN VALUABLE SKILLS TO INCREASE THEIR SUCCESS IN SCHOOL AND WORKING. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MYRA PINA | Executive Di | PT | $0 | - | - |
| LUIS E CAMPOS | Chair | - | $0 | - | - |
| FIDEL GONZALEZ | Treasurer | - | $0 | - | - |
| GENESIS ORTEGA | Secretary | - | $0 | - | - |
| JIM ROMMENS | Trustee | - | $0 | - | - |
| ANAMARIA HERRERA | Trustee | - | $0 | - | - |
| VITO GALLO | Trustee | - | $0 | - | - |
| LORE MCFADDEN | Trustee | - | $0 | - | - |
| CINDY HANEY | Trustee | - | $0 | - | - |
| SEDGWICK HARRIS | Trustee | - | $0 | - | - |
| DANIELLE JOSEPH | Trustee | - | $0 | - | - |
| VICTORIA MONTERO | Trustee | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Fe Foundation of the Hispanic Chamb
- EIN
- 27-1912799
- Phone
- 6108411128
- Address
- 840 HAMILTON ST SUITE 205, ALLENTOWN, PA 18101
Signing Officer
- Name
- Fidel Gonzalez
- Title
- Treasurer
- Phone
- 6109848524
- Signed
- 2023-11-08
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Gbb & Co Llp
- Address
- 1150 GLENLIVET DR STE C-36, ALLENTOWN, PA 18106-3122
- Preparer
- Todd C Newcomer CPA Cfe
- Phone
- 4842230096
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses insurance 2,184 other program services 10,638 business expense 3,017 internship stipends 6,840 non-investment depreciation 122 total 22,801”
Form 990-ez, Part II, Line 24
“Prepaid expenses and deferred charges 420 0 613 613 less accumulated depreciation 72 194 total 961 419”
Form 990-ez, Part III
“The objective of the futuros emoresaruis (fe) program is develop tomorrow's business leaders by teaching them basic entrepreneurial skills and enable them to expand on this new knowledge by working at a company or organization aligned with their future interests. Furthermore, the fe foundation hopes to give high school students in 10th and 11th grade the final push they need to make the decision to take action toward a postive future.”
Raw XML Appendix171 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/PrimaryExemptPurposeTxt | 0 | THE OBJECTIVE OF THE FUTUROS EMORESARUIS (FE) PROGRAM IS DEVELOP TOMORROW'S BUSINESS LEADERS BY TEACHING THEM BASIC ENTREPRENEURIAL SKILLS AND ENABLE THEM TO EXPAND ON THIS NEW KNOWLEDGE BY WORKING AT A COMPANY OR ORGANIZATION ALIGNED WITH THEIR FUTURE INTERESTS. FURTHERMORE, THE FE FOUNDATION HOPES TO GIVE HIGH SCHOOL STUDENTS IN 10TH AND 11TH GRADE THE FINAL PUSH THEY NEED TO MAKE THE DECISION TO TAKE ACTION TOWARD A POSTIVE FUTURE. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | THE FOUNDATIONS THIRD MAJOR ACTIVITY IS MAINTAING A PREP COURSE TO PREPARE STUDENTS THE NECESSARY SKILLS TO TAKE THE SAT. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES INSURANCE 2,184 OTHER PROGRAM SERVICES 10,638 BUSINESS EXPENSE 3,017 INTERNSHIP STIPENDS 6,840 NON-INVESTMENT DEPRECIATION 122 TOTAL 22,801 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PREPAID EXPENSES AND DEFERRED CHARGES 420 0 613 613 LESS ACCUMULATED DEPRECIATION 72 194 TOTAL 961 419 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE OBJECTIVE OF THE FUTUROS EMORESARUIS (FE) PROGRAM IS DEVELOP TOMORROW'S BUSINESS LEADERS BY TEACHING THEM BASIC ENTREPRENEURIAL SKILLS AND ENABLE THEM TO EXPAND ON THIS NEW KNOWLEDGE BY WORKING AT A COMPANY OR ORGANIZATION ALIGNED WITH THEIR FUTURE INTERESTS. FURTHERMORE, THE FE FOUNDATION HOPES TO GIVE HIGH SCHOOL STUDENTS IN 10TH AND 11TH GRADE THE FINAL PUSH THEY NEED TO MAKE THE DECISION TO TAKE ACTION TOWARD A POSTIVE FUTURE. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
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| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | COMMERCE OF THE LEHIGH VALLEY |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GBB & CO LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1150 GLENLIVET DR STE C-36 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ALLENTOWN |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 181063122 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4842230096 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TODD C NEWCOMER CPA CFE |
| ReturnHeader/ReturnTs | 0 | 2023-11-09T15:48:12-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | FIDEL |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | GONZALEZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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