Civic Intelligence

Hispanic Bar Association of Orange County

990 • Fiscal year 2018 • EIN 33-0666229

Jan 01, 2018 to Dec 31, 2018 • Filed on May 30, 2019

PO Box 6130Newport Beach, CA 92658

(949) 440-6700

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.00x

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

77th percentile

15%

Higher net margin than 77% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

92nd percentile

57%

Faster asset growth than 92% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

98th percentile

173%

Faster revenue growth than 98% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$82,816

Up $30,071 (+57%) from 2017

Net Assets

Up

$82,816

Up $30,073 (+57%) from 2017

Liabilities

Down

$0

Down $2 (-100%) from 2017

Revenue

Up

$202,047

Up $128,114 (+173%) from 2017

Expenses

Up

$171,974

Up $112,979 (+192%) from 2017

Net Income

Up

$30,073

Up $15,135 (+101%) 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 2010: $56,454Liabilities 2010: $0Net Assets 2010: $56,4542010Assets 2011: $83,492Liabilities 2011: $0Net Assets 2011: $83,4922011Assets 2013: $111,636Liabilities 2013: $0Net Assets 2013: $111,6362013Assets 2014: $109,212Liabilities 2014: $0Net Assets 2014: $109,2122014Assets 2015: $66,788Liabilities 2015: $0Net Assets 2015: $66,7882015Assets 2016: $37,805Liabilities 2016: $0Net Assets 2016: $37,8052016Assets 2017: $52,745Liabilities 2017: $2Net Assets 2017: $52,7432017Assets 2018: $82,816Liabilities 2018: $0Net Assets 2018: $82,8162018Assets 2019: $39,454Liabilities 2019: $0Net Assets 2019: $39,4542019Assets 2020: $23,244Liabilities 2020: $0Net Assets 2020: $23,2442020Assets 2021: $44,998Liabilities 2021: $0Net Assets 2021: $44,9982021Assets 2022: $55,233Liabilities 2022: $0Net Assets 2022: $55,2332022Assets 2023: $78,362Liabilities 2023: $0Net Assets 2023: $78,3622023Assets 2024: $80,911Liabilities 2024: $0Net Assets 2024: $80,9112024

Highlighted filing

2018

Assets$82,816
Liabilities$0
Net Assets$82,816

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $62,8202010Expenses 2011: $59,0202011Revenue 2013: $72,646Expenses 2013: $72,515Net Income 2013: $1312013Revenue 2014: $71,910Expenses 2014: $74,334Net Income 2014: -$2,4242014Revenue 2015: $37,598Expenses 2015: $80,022Net Income 2015: -$42,4242015Revenue 2016: $61,627Expenses 2016: $90,610Net Income 2016: -$28,9832016Revenue 2017: $73,933Expenses 2017: $58,995Net Income 2017: $14,9382017Revenue 2018: $202,047Expenses 2018: $171,974Net Income 2018: $30,0732018Revenue 2019: $155,243Expenses 2019: $198,605Net Income 2019: -$43,3622019Revenue 2020: $105,331Expenses 2020: $121,541Net Income 2020: -$16,2102020Revenue 2021: $92,161Expenses 2021: $70,407Net Income 2021: $21,7542021Revenue 2022: $177,067Expenses 2022: $166,832Net Income 2022: $10,2352022Revenue 2023: $203,929Expenses 2023: $180,800Net Income 2023: $23,1292023Revenue 2024: $287,639Expenses 2024: $285,090Net Income 2024: $2,5492024

Highlighted filing

2018

Revenue$202,047
Expenses$171,974
Net Income$30,073
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 30, 2019
Return Version
2018v3.1
Gross Receipts
$202,047
Mission and Program Overview

Mission

Promotes education, unity, and excellence in the hispanic legal community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$52,743$82,816▲ $30,073
Cash and Non-Interest-Bearing Accounts$45,618$52,688▲ $7,070
Savings and Temporary Cash Investments$7,127$30,128▲ $23,001
Total Assets$52,745$82,816▲ $30,071
Liabilities
Other Liabilities$2--
Total Liabilities$2$0▼ $2
Net Assets / Fund Balance
Total Net Assets Fund Balance$52,743$82,816▲ $30,073
Total Liabilities and Net Assets / Fund Balance$52,745$82,816▲ $30,071
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$202,045
Investment Income
$2
Other Revenue
$0
Change in Net Assets
$30,073
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$165,439
Grants and Similar Amounts Paid$6,535
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$118,465
Fees for Services Accounting---$8,731
All Other Expenses---$7,760
Grants to Domestic Orgs---$6,535
Insurance---$3,212
Other Expenses---$251
Total Functional Expenses$0$0$0$171,974
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Oc Community Foundation - HeefIrvine, CA-Scholarship Fund$6,535
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization's attorney members and judicial members have the right to vote, as set forth in the bylaws, on the election of directors, on the disposition of all or substantially all of the assets of the organization, on any merger, and on any election to dissolve the organization, in addition to any other rights afforded members under the california nonprofit mutual benefit corporation law. If the organization is dissolved, those members shall receive a prorata distribution of all assets, exclusive of those held in charitable trust, remaining after payment or provision for payment of the obligations and debts of the organization and provision for any other payment required under applicable law.

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

The organization's attorney members and judicial members have the right to vote, as set forth in the bylaws, on the election of directors.

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

The organization's attorney members and judicial members have the right to vote, as set forth in the bylaws, on the election of directors, on the disposition of all or substantially all of the assets of the organization, on any merger, and on any election to dissolve the organization, in addition to any other rights afforded members under the california nonprofit mutual benefit corporation law. The aforementioned directors elect the organization's directors on an annual basis.

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

Executive officers and directors review applicable tax returns before presenting it to the president for signature. Copies of the tax returns are provided to the governing board of directors and duly noted in the board meeting minutes.

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

Pursuant to the terms of the organizations conflict of interest policy, each officer and director of the organization annually provides a statement to the organization affirming (among other things) compliance with such policy.

Form 990, Page 6, Part VI, Line 19

The organization's goverening documents, conflict of interest policy, and fianancial statements are available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Hispanic Bar Association of
EIN
33-0666229
Phone
9494406700
Address
PO BOX 6130, NEWPORT BEACH, CA 92658

Signing Officer

Name
Yolanda V Torres
Title
President
Phone
9494406700
Signed
2019-05-30

Organization Details

Principal Officer
Yolanda V Torres
Formed
1993
Legal Domicile
CA
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
20

Preparer

Firm
Korus Cpas Llp
Address
3 CORPORATE PARK STE 225, IRVINE, CA 92606-3134
Preparer
Eugene Kim
Phone
9497776611
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IRS990/OtherExpensesGrp/Desc2BANK CHARGES
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IRS990/OtherExpensesGrp/TotalAmt18277
IRS990/OtherExpensesGrp/TotalAmt22951
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S ATTORNEY MEMBERS AND JUDICIAL MEMBERS HAVE THE RIGHT TO VOTE, AS SET FORTH IN THE BYLAWS, ON THE ELECTION OF DIRECTORS, ON THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE ORGANIZATION, ON ANY MERGER, AND ON ANY ELECTION TO DISSOLVE THE ORGANIZATION, IN ADDITION TO ANY OTHER RIGHTS AFFORDED MEMBERS UNDER THE CALIFORNIA NONPROFIT MUTUAL BENEFIT CORPORATION LAW. IF THE ORGANIZATION IS DISSOLVED, THOSE MEMBERS SHALL RECEIVE A PRORATA DISTRIBUTION OF ALL ASSETS, EXCLUSIVE OF THOSE HELD IN CHARITABLE TRUST, REMAINING AFTER PAYMENT OR PROVISION FOR PAYMENT OF THE OBLIGATIONS AND DEBTS OF THE ORGANIZATION AND PROVISION FOR ANY OTHER PAYMENT REQUIRED UNDER APPLICABLE LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S ATTORNEY MEMBERS AND JUDICIAL MEMBERS HAVE THE RIGHT TO VOTE, AS SET FORTH IN THE BYLAWS, ON THE ELECTION OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S ATTORNEY MEMBERS AND JUDICIAL MEMBERS HAVE THE RIGHT TO VOTE, AS SET FORTH IN THE BYLAWS, ON THE ELECTION OF DIRECTORS, ON THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE ORGANIZATION, ON ANY MERGER, AND ON ANY ELECTION TO DISSOLVE THE ORGANIZATION, IN ADDITION TO ANY OTHER RIGHTS AFFORDED MEMBERS UNDER THE CALIFORNIA NONPROFIT MUTUAL BENEFIT CORPORATION LAW. THE AFOREMENTIONED DIRECTORS ELECT THE ORGANIZATION'S DIRECTORS ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE OFFICERS AND DIRECTORS REVIEW APPLICABLE TAX RETURNS BEFORE PRESENTING IT TO THE PRESIDENT FOR SIGNATURE. COPIES OF THE TAX RETURNS ARE PROVIDED TO THE GOVERNING BOARD OF DIRECTORS AND DULY NOTED IN THE BOARD MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PURSUANT TO THE TERMS OF THE ORGANIZATIONS CONFLICT OF INTEREST POLICY, EACH OFFICER AND DIRECTOR OF THE ORGANIZATION ANNUALLY PROVIDES A STATEMENT TO THE ORGANIZATION AFFIRMING (AMONG OTHER THINGS) COMPLIANCE WITH SUCH POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERENING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FIANANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0202045
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0202047
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt082816
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt020
IRS990/VotingMembersIndependentCnt020
IRS990/WebsiteAddressTxt0WWW.OCHBA.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0YOLANDA V TORRES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09494406700
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HISPANIC BAR ASSOCIATION OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ORANGE COUNTY
ReturnHeader/Filer/BusinessNameControlTxt0HISP
ReturnHeader/Filer/EIN0330666229
ReturnHeader/Filer/PhoneNum09494406700
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 6130
ReturnHeader/Filer/USAddress/CityNm0NEWPORT BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00E9D1A042803D96C5FF2E12464655C3A9B6F7FC4
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.190.7.234
ReturnHeader/FilingSecurityInformation/IPDt02019-09-23
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:37:16
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463971590
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KORUS CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03 CORPORATE PARK STE 225
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0IRVINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0926063134
ReturnHeader/PreparerPersonGrp/PhoneNum09497776611
ReturnHeader/PreparerPersonGrp/PreparationDt02019-09-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EUGENE KIM

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.00$0.81$2.88$2.85$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$2.04$1.81$0.23
2022Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$1.77$1.67$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.92$0.70$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$1.05$1.22$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$1.55$1.99$0.43
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$2.02$1.72$0.30
2017Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.74$0.59$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.62$0.91$0.29
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.38$0.80$0.42
2014Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.72$0.74$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.73$0.73$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.00$0.83$0.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.00$0.56$0.63