Civic Intelligence

Latin Center

990 • Fiscal year 2017 • EIN 36-3028729

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 20, 2017

2801 S HamlinChicago, IL 60623

(773) 733-5055

Siviq Scores

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

Liabilities / Assets

31st percentile

0.02x

Higher debt load relative to assets than 31% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

34th percentile

0.04x

Higher debt load relative to revenue than 34% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

84th percentile

31%

Higher net margin than 84% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

43rd percentile

$44,960

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

77th percentile

16%

Faster asset growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

92nd percentile

98%

Faster revenue growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,062,519

Up $290,343 (+16%) from 2016

Net Assets

Up

$2,021,230

Up $315,766 (+19%) from 2016

Liabilities

Down

$41,289

Down $25,423 (-38%) from 2016

Revenue

Up

$1,034,456

Up $511,985 (+98%) from 2016

Expenses

Up

$718,690

Up $107,589 (+18%) from 2016

Net Income

Up

$315,766

Up $404,396 (+456%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $1,392,594Liabilities 2012: $25,165Net Assets 2012: $1,367,4292012Assets 2013: $1,616,275Liabilities 2013: $2,735Net Assets 2013: $1,613,5402013Assets 2015: $1,859,841Liabilities 2015: $65,747Net Assets 2015: $1,794,0942015Assets 2016: $1,772,176Liabilities 2016: $66,712Net Assets 2016: $1,705,4642016Assets 2017: $2,062,519Liabilities 2017: $41,289Net Assets 2017: $2,021,2302017Assets 2018: $2,344,114Liabilities 2018: $47,932Net Assets 2018: $2,296,1822018Assets 2019: $2,603,835Liabilities 2019: $24,656Net Assets 2019: $2,579,1792019Assets 2020: $3,114,852Liabilities 2020: $149,713Net Assets 2020: $2,965,1392020Assets 2021: $3,511,066Liabilities 2021: $153,507Net Assets 2021: $3,357,5592021Assets 2022: $3,706,161Liabilities 2022: $40,328Net Assets 2022: $3,665,8332022Assets 2023: $4,114,067Liabilities 2023: $36,908Net Assets 2023: $4,077,1592023Assets 2024: $4,515,009Liabilities 2024: $32,684Net Assets 2024: $4,482,3252024Assets 2025: $4,989,132Liabilities 2025: $42,612Net Assets 2025: $4,946,5202025

Highlighted filing

2017

Assets$2,062,519
Liabilities$41,289
Net Assets$2,021,230

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $869,9682012Expenses 2013: $914,2092013Revenue 2015: $1,332,015Expenses 2015: $1,230,413Net Income 2015: $101,6022015Revenue 2016: $522,471Expenses 2016: $611,101Net Income 2016: -$88,6302016Revenue 2017: $1,034,456Expenses 2017: $718,690Net Income 2017: $315,7662017Revenue 2018: $1,005,847Expenses 2018: $730,895Net Income 2018: $274,9522018Revenue 2019: $1,090,728Expenses 2019: $807,731Net Income 2019: $282,9972019Revenue 2020: $1,262,250Expenses 2020: $875,940Net Income 2020: $386,3102020Revenue 2021: $1,402,253Expenses 2021: $1,009,833Net Income 2021: $392,4202021Revenue 2022: $1,331,306Expenses 2022: $1,023,017Net Income 2022: $308,2892022Revenue 2023: $1,603,920Expenses 2023: $1,192,609Net Income 2023: $411,3112023Revenue 2024: $1,395,454Expenses 2024: $1,012,794Net Income 2024: $382,6602024Revenue 2025: $1,571,265Expenses 2025: $1,107,070Net Income 2025: $464,1952025

Highlighted filing

2017

Revenue$1,034,456
Expenses$718,690
Net Income$315,766
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 20, 2017
Return Version
2016v3.0
Gross Receipts
$1,034,456
Mission and Program Overview

Mission

Programs developed to reduce illiteracy, joblessness, poverty, homelessness in the Chicago area through bilingual/bicultural exchange of individuals residing in inner city neighborhoods.

Programs developed to reduce illiteracy , joblessness, poverty, homelessness in the Chicago area through bilingual / bicultural exchange of individuals residing in inner city neighborhoods

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$1,081,657-
Land, Buildings, and Equipment, Net$575,099$555,060▼ $20,039
Pledges and Grants Receivable$225,346$401,217▲ $175,871
Cash and Non-Interest-Bearing Accounts$971,131$23,985▼ $947,146
Prepaid Expenses and Deferred Charges$600$600→ $0
Total Assets$1,772,176$2,062,519▲ $290,343
Liabilities
Deferred Revenue$25,000$25,000→ $0
Accounts Payable and Accrued Expenses$41,712$16,289▼ $25,423
Total Liabilities$66,712$41,289▼ $25,423
Net Assets / Fund Balance
Unrestricted Net Assets$1,705,464$2,021,230▲ $315,766
Total Net Assets Fund Balance$1,705,464$2,021,230▲ $315,766
Total Liabilities and Net Assets / Fund Balance$1,772,176$2,062,519▲ $290,343

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$272,858$112,375$385,233
Buildings$239,848$114,116$353,964
Equipment$2,354$135,415$137,769
Other Land Buildings$40,000$800$40,800
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Abraham CelioDevelopment CoordinatorFT$44,960$44,960
Olivia FloresExec. DirectorFT$20,423$20,423

Board Members and Trustees

NameTitle
Elio DearrudahPresident
Felix ColonDirector
Jonas DasilvaDirector
Mercy ArtunduaDirector
Tomas ManjarrezDirector
Mayra GarciaFiscal Business Manager
Ricardo BatistaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,013,261
Program Service Revenue
$16,800
Investment Income
$1,895
Other Revenue
$2,500
All Other Contributions
$91,599
Change in Net Assets
$315,766
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$527,718
Other Expenses$190,972
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$364,650$0$0$364,650
Current Officers, Directors, Trustees, and Key Employees$0$125,534$0$125,534
All Other Expenses$26,466$38,143$0$64,609
Payroll Taxes$27,931$9,603$0$37,534
Depreciation Depletion$0$20,038$0$20,038
Insurance$1,122$7,737$0$8,859
Office Expenses$488$648$0$1,136
Other Expenses$107$838$0$945
Total Functional Expenses$502,106$216,584$0$718,690
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
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
Latin Center
EIN
36-3028729
Phone
7737335055
Address
2801 S Hamlin, Chicago, IL 60623

Signing Officer

Name
Elio Dearrudah
Title
President
Phone
7737335055
Signed
2017-10-20

Organization Details

Principal Officer
Elio Dearrudah
Formed
1975
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
28
Volunteers
53

Preparer

Firm
Benford Brown & Associates
Address
8334 S STONY ISLAND, CHICAGO, IL 60617
Preparer
Latasha M Davis
Phone
7737311300
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Form 990 is given to the President, Executive Director, and Business Manager for review along with the audit report.

Pt VI, Line 12C

The policy is written and given to the employees, every employee is required to disclose periodically any instances where a conflict of interest may arise.

Pt VI, Line 15A

The compensation policy is done in three parts.

Pt VI, Line 15B

A formal review, data analysis of comparable compensation and contemporaneous documentation and recordkeeping.

Form 990, Part III, Line 4D

All other programs 0. 0. 0.

Form 990, Part IX, Line 24E

License and permits 516. 10. 506. 0.

Form 990, Part IX, Line 24E

Bank service charges 332. 12. 320. 0.

Form 990, Part IX, Line 24E

Staff development 550. 550. 0. 0.

Form 990, Part IX, Line 24E

Rent 1900. 1900. 0. 0.

Form 990, Part IX, Line 24E

Telephone and internet 16066. 5064. 11002. 0.

Form 990, Part IX, Line 24E

Postage and delivery 530. 156. 374. 0.

Form 990, Part IX, Line 24E

Miscellaneous 4202. 276. 3926. 0.

Form 990, Part IX, Line 24E

Program Materials & Supplies 14636. 14636. 0. 0.

Form 990, Part IX, Line 24E

Utilities 9877. 3862. 6015. 0.

Form 990, Part IX, Line 24E

Bad debt expense 16000. 0. 16000. 0.

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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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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0488702
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01694
IRS990/PYOtherExpensesAmt0182788
IRS990/PYProgramServiceRevenueAmt032075
IRS990/PYRevenuesLessExpensesAmt0-88630
IRS990/PYSalariesCompEmpBnftPaidAmt0428313
IRS990/PYTotalExpensesAmt0611101
IRS990/PYTotalRevenueAmt0522471
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0315766
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0680894
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01081657
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01032561
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0522471
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01326795
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01153573
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0934246
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04969646
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus4YearsAmt0904271
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt0904271
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01895
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01694
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01822
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01501
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01372
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08284
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01895
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01694
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01822
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01501
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01372
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08284
IRS990ScheduleA/InvestmentIncomeCYPct00.00140
IRS990ScheduleA/InvestmentIncomePYPct00.00080
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt07214
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt07214
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99740
IRS990ScheduleA/PublicSupportPY509Pct00.99820
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt05873917
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01032561
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0522471
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01326795
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01153573
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01838517
IRS990ScheduleA/Total509Grp/TotalAmt05873917
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05889415
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0239848
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0114116
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0353964
IRS990ScheduleD/EquipmentGrp/BookValueAmt02354
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0135415
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0137769
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0272858
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0112375
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0385233
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt040000
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0800
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt040800
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0555060
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is given to the President, Executive Director, and Business Manager for review along with the audit report.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The policy is written and given to the employees, every employee is required to disclose periodically any instances where a conflict of interest may arise.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The compensation policy is done in three parts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A formal review, data analysis of comparable compensation and contemporaneous documentation and recordkeeping.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All other programs 0. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5License and permits 516. 10. 506. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank service charges 332. 12. 320. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Staff development 550. 550. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Rent 1900. 1900. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Telephone and internet 16066. 5064. 11002. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Postage and delivery 530. 156. 374. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Miscellaneous 4202. 276. 3926. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Program Materials & Supplies 14636. 14636. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Utilities 9877. 3862. 6015. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Bad debt expense 16000. 0. 16000. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01772176
IRS990/TotalAssetsEOYAmt02062519
IRS990/TotalAssetsGrp/BOYAmt01772176
IRS990/TotalAssetsGrp/EOYAmt02062519
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01013261
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0216584
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0502106
IRS990/TotalFunctionalExpensesGrp/TotalAmt0718690
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt066712
IRS990/TotalLiabilitiesEOYAmt041289
IRS990/TotalLiabilitiesGrp/BOYAmt066712
IRS990/TotalLiabilitiesGrp/EOYAmt041289
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01705464
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02021230
IRS990/TotalProgramServiceExpensesAmt0502106
IRS990/TotalProgramServiceRevenueAmt016800
IRS990/TotalReportableCompFromOrgAmt065383
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt021195
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01034456
IRS990/TotalVolunteersCnt053
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01772176

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