Civic Intelligence

La Voz Latina

990 • Fiscal year 2015 • EIN 36-2810675

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 15, 2015

730 North Church StreetRockford, IL 61103

(815) 965-5784

Siviq Scores

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

Liabilities / Assets

84th percentile

0.53x

Higher debt load relative to assets than 84% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

82nd percentile

0.42x

Higher debt load relative to revenue than 82% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

16th percentile

-16%

Higher net margin than 16% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

79th percentile

$72,110

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

17th percentile

-9.2%

Faster asset growth than 17% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

33rd percentile

-4.2%

Faster revenue growth than 33% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$609,506

Down $61,895 (-9.2%) from 2014

Net Assets

Down

$285,106

Down $118,528 (-29%) from 2014

Liabilities

Up

$324,400

Up $56,633 (+21%) from 2014

Revenue

Down

$764,222

Down $33,371 (-4.2%) from 2014

Expenses

Down

$882,750

Down $45,387 (-4.9%) from 2014

Net Income

Up

-$118,528

Up $12,016 (+9.2%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $774,106Liabilities 2010: $119,809Net Assets 2010: $654,2972010Assets 2011: $760,087Liabilities 2011: $86,806Net Assets 2011: $673,2812011Assets 2012: $721,887Liabilities 2012: $86,910Net Assets 2012: $634,9772012Assets 2013: $565,106Liabilities 2013: $42,828Net Assets 2013: $522,2782013Assets 2014: $671,401Liabilities 2014: $267,767Net Assets 2014: $403,6342014Assets 2015: $609,506Liabilities 2015: $324,400Net Assets 2015: $285,1062015

Highlighted filing

2015

Assets$609,506
Liabilities$324,400
Net Assets$285,106

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,115,8002010Expenses 2011: $1,061,4572011Expenses 2012: $1,141,1072012Expenses 2013: $867,9012013Revenue 2014: $797,593Expenses 2014: $928,137Net Income 2014: -$130,5442014Revenue 2015: $764,222Expenses 2015: $882,750Net Income 2015: -$118,5282015

Highlighted filing

2015

Revenue$764,222
Expenses$882,750
Net Income-$118,528
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 15, 2015
Return Version
2014v5.0
Gross Receipts
$771,512
Mission and Program Overview

Mission

Education and job placement

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$374,339$352,744▼ $21,595
Accounts Receivable$166,561$120,326▼ $46,235
Savings and Temporary Cash Investments$14,316$89,626▲ $75,310
Cash and Non-Interest-Bearing Accounts$106,843$30,429▼ $76,414
Prepaid Expenses and Deferred Charges$9,342$15,051▲ $5,709
Pledges and Grants Receivable-$1,330-
Total Assets$671,401$609,506▼ $61,895
Liabilities
Mortgage Notes Payable Secured by Investment Property$193,077$270,594▲ $77,517
Accounts Payable and Accrued Expenses$74,690$51,306▼ $23,384
Deferred Revenue-$2,500-
Total Liabilities$267,767$324,400▲ $56,633
Net Assets / Fund Balance
Unrestricted Net Assets$403,634$285,106▼ $118,528
Total Net Assets Fund Balance$403,634$285,106▼ $118,528
Total Liabilities and Net Assets / Fund Balance$671,401$609,506▼ $61,895

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$338,984$16,323$355,307
Equipment$13,760$274,709$288,469
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Luz RamirezExecutive DirectorFT$72,110$72,110

Board Members and Trustees

NameTitle
Rudy ValdezChairman
Cesar SanchezVice Chairman
Barbara Giorgi VellaBoard member
John GuevaraBoard member
Jorge HerreraBoard member
Marilyn Hite RossBoard member
Miriam GalvezBoard member
Norma FernandezBoard member
Scot DobbsBoard member
Thomas SchillerBoard member
Tiffany Tiffany Emrick RodriguezBoard member
Monica PrimmSecretary
Cathy SanfordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$752,482
Program Service Revenue
$0
Investment Income
$30
Other Revenue
$11,710
All Other Contributions
$269,447
Change in Net Assets
$-118,528

Audited Revenue Reconciliation

Revenue per Audited Statements
$764,222
Revenue Not Reported on Form 990
$70,778
Total Revenue per Audited Statements
$835,000
Total Revenue per Form 990
$764,222
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$645,504
Other Expenses$237,246
Total Fundraising Expense$18,224
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$457,939$50,882$0$508,821
Current Officers, Directors, Trustees, and Key Employees$64,899$7,211$0$72,110
Payroll Taxes$57,301$6,367$0$63,668
All Other Expenses$45,003$466$0$45,469
Occupancy$21,156$17,351$0$38,507
Other Expenses$32,914$3,657$0$36,571
Travel$19,088$2,121$0$21,209
Depreciation Depletion$2,159$18,615$0$20,774
Insurance$14,852$908$0$15,760
Office Expenses$13,027$1,447$0$14,474
Interest$10,459$151$0$10,610
Fees for Services Accounting$4,993$555$0$5,548
Other Employee Benefits$814$91$0$905
Advertising$755$0$0$755
Total Functional Expenses$746,049$118,477$18,224$882,750

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$953,528
Expenses per Audited Statements$882,750
Total Expenses per Form 990$882,750
Expenses Not Reported on Form 990$70,778
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual banquet$50,874$50,874-$50,874
Total Events$50,874$50,874$18,224$32,650
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
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
La Voz Latina
EIN
36-2810675
Phone
8159655784
Address
730 North Church Street, Rockford, IL 61103

Signing Officer

Name
Luz M Ramirez
Title
Executive Director
Phone
8159655784
Signed
2015-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Luz M Ramirez
Formed
1971
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
13
Employees
49
Volunteers
3

Preparer

Firm
Erboe & Associates CPAs
Address
3600 East State St Ste 318, Rockford, IL 61108-1964
Preparer
Kelly a Erboe
Phone
8153940004
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The policy of the organization is for the board to review the form 990 within 30 days prior to being filed with the IRS. A board resolution is not required in order for the 990 to be filed.

Pt VI, Line 11B

The 990 is delivered to each board member either by mail or email for their review.

Pt VI, Line 12C

The organization's board members are required to read and sign the conflict of interest policy annually.

Pt VI, Line 15A

The organization's executive committee is charged with evaluating the Executive Director annually and determining compensation. They consult professional salary comparability ratings including the United Way salary survey. The evaluation instrument, meeting notes and recommendations are made available to the board and the board votes on the committee's recommendation.

Pt VI, Line 15B

The organization's executive committee is charged with evaluating the staff annually and determining compensation. They consult professional salary comparability ratings including the United Way salary survey. The evaluation instrument, meeting notes and recommendations are made available to the board and the board votes on the committee's recommendation.

Form 990EZ, Part II, Line 24

Accounts receivable - net prepaid insurance prepaid expenses

Form 990EZ, Part II, Line 26

Accounts payable & accrued expenses

Form 990, Part III, Line 4D

Education and job placement of spanish individuals 378233. 0. 396406.

Form 990, Part IX, Line 24F

Membership dues 373. 336. 37. 0. Printing/publications 0. 0. 0. 0. Program contract staff 4293. 3864. 429. 0. Staff training 11162. 11162. 0. 0. Supplies - program 27141. 27141. 0. 0. Temporary help 0. 0. 0. 0. Youth program scholarships 2500. 2500. 0. 0.

Financial Statement Notes

Pt XI, Line 2D

Rental expenses net with rental income

Pt XII, Line 2D

Rental expenses net with rental income

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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0814
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0905
IRS990/OtherExpensesGrp/Desc0Annual event
IRS990/OtherExpensesGrp/Desc1Bad debts
IRS990/OtherExpensesGrp/Desc2Bank charges
IRS990/OtherExpensesGrp/Desc3Equipment rental/maintenance
IRS990/OtherExpensesGrp/FundraisingAmt018224
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18578
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt277
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33657
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt2690
IRS990/OtherExpensesGrp/ProgramServicesAmt332914
IRS990/OtherExpensesGrp/TotalAmt018224
IRS990/OtherExpensesGrp/TotalAmt18578
IRS990/OtherExpensesGrp/TotalAmt2767
IRS990/OtherExpensesGrp/TotalAmt336571
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt050882
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0457939
IRS990/OtherSalariesAndWagesGrp/TotalAmt0508821
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06367
IRS990/PayrollTaxesGrp/ProgramServicesAmt057301
IRS990/PayrollTaxesGrp/TotalAmt063668
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01330
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09342
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015051
IRS990/PrincipalOfficerNm0LUZ M RAMIREZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0MIECHV - MATERNAL, INFANT, AND EARLY CHILDHOOD HOME VISITING PROGRAM THIS PROGRAM SERVES FIRST-TIME PREGNANT TEENS AND TEEN MOTHERS BY PROVIDING A FAMILY SUPPORT WORKER WHO VISITS THE HOME AND PROVIDES ALL MATERIALS AND SUPPLIES NEEDED FOR EACH SESSION. THE PROGRAM ALSO OFFERS DOULA SERVICES (LABOR COACH) FOR PREGNANT TEENS DURING THEIR LABOR AND DELIVERY. THE SESSIONS FOCUS ON FETAL DEVELOPMENT, PREPARATION FOR LABOR AND DELIVERY, RELIEVING PAIN AND PAIN MEDICATIONS, NUTRITION, EXPECTED CHANGES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt067139
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt067139
IRS990/ProgSrvcAccomActy3Grp/Desc0PASOS - PARENTS ALTERNATIVE SYSTEMS OF SUPPORT THIS PROGRAM OFFERS PARENT TRAINING CLASSES TO HELP PROVIDE STRATEGIES AND SELF-CONFIDENCE TO PARENTS STRUGGLING WITH FAMILY MANAGEMENT AND DISCIPLINE PROBLEMS, INEFFECTIVE COMMUNICATION, AND PARENTAL USE OF PUNISHMENT. TOPICS FOR PARENTS INCLUDE RAISING YOUR CHILD WITH LOVE, BRAIN DEVELOPMENT, DEVELOPMENTAL STAGES, AND PROPER DISCIPLINE TECHNIQUES. TOPICS FOR CHILDREN INCLUDE STRESS MANAGEMENT, ANGER MANAGEMENT, BEHAVIOR MANAGEMENT, AND GOAL SETTIN
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt070697
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt070697
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Education and job placement of Spanish individuals
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0378233
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0396406
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0788538
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0345
IRS990/PYOtherExpensesAmt0253303
IRS990/PYOtherRevenueAmt08710
IRS990/PYRevenuesLessExpensesAmt0-130544
IRS990/PYSalariesCompEmpBnftPaidAmt0674834
IRS990/PYTotalExpensesAmt0928137
IRS990/PYTotalRevenueAmt0797593
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-118528
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt011710
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0229980
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014316
IRS990/SavingsAndTempCashInvstGrp/EOYAmt089626
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0752482
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0797248
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0754522
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01101916
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01052996
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04459164
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011740
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0345
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0680
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0887
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02497
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt016149
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99640
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99850
IRS990ScheduleA/PublicSupportTotal170Amt04459164
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0752482
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0797248
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0754522
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01101916
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01052996
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04459164
IRS990ScheduleA/TotalSupportAmt04475313
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0338984
IRS990ScheduleD/BuildingsGrp/DepreciationAmt016323
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0355307
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt063488
IRS990ScheduleD/DonatedServicesUseFcltsAmt063488
IRS990ScheduleD/EquipmentGrp/BookValueAmt013760
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0274709
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0288469
IRS990ScheduleD/ExpensesNotReportedAmt070778
IRS990ScheduleD/ExpensesSubtotalAmt0882750
IRS990ScheduleD/OtherExpensesIncludedAmt07290
IRS990ScheduleD/OtherRevenueAmt07290
IRS990ScheduleD/RevenueNotReportedAmt070778
IRS990ScheduleD/RevenueSubtotalAmt0764222
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Rental expenses net with rental income
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental expenses net with rental income
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0352744
IRS990ScheduleD/TotalExpensesPerForm990Amt0882750
IRS990ScheduleD/TotalRevenuePerForm990Amt0764222
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0835000
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0953528
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt018224
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Annual banquet
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt018224
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt018224
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt050874
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt050874
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt050874
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt050874
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt032650
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The policy of the organization is for the board to review the form 990 within 30 days prior to being filed with the IRS. A board resolution is not required in order for the 990 to be filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 is delivered to each board member either by mail or email for their review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization's board members are required to read and sign the conflict of interest policy annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization's executive committee is charged with evaluating the Executive Director annually and determining compensation. They consult professional salary comparability ratings including the United Way salary survey. The evaluation instrument, meeting notes and recommendations are made available to the board and the board votes on the committee's recommendation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization's executive committee is charged with evaluating the staff annually and determining compensation. They consult professional salary comparability ratings including the United Way salary survey. The evaluation instrument, meeting notes and recommendations are made available to the board and the board votes on the committee's recommendation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACCOUNTS RECEIVABLE - NET PREPAID INSURANCE PREPAID EXPENSES

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