Civic Intelligence

Hispanofest Inc

990EZ • Fiscal year 2014 • EIN 36-3828284

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 26, 2015

Organization ProfileN/A
PO Box 1902Melrose Park, IL 60161

(708) 296-7006

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

94th percentile

58%

Higher net margin than 94% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2013 to 2014

Revenue Growth

78th percentile

30%

Faster revenue growth than 78% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2013

Net Assets

Up

$64,189

Up $7,879 (+14%) from 2013

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin94th percentile

Revenue

Up

$43,044

Up $10,051 (+30%) from 2013

Expenses

Up

$18,000

Up $4,125 (+30%) from 2013

Net Income

Up

$25,044

Up $5,926 (+31%) from 2013

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$100K$50K$0Assets 2013: $0Net Assets 2013: $56,3102013Assets 2014: $0Net Assets 2014: $64,1892014Assets 2015: $99,351Net Assets 2015: $99,3512015Assets 2016: $95,080Net Assets 2016: $95,0802016

Highlighted filing

2014

Assets$0
Liabilities-
Net Assets$64,189
Open 2014 Filing

Operations Trend

Revenue Growth78th percentile

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

$60K$40K$20K$0-$20KRevenue 2013: $32,993Expenses 2013: $13,875Net Income 2013: $19,1182013Revenue 2014: $43,044Expenses 2014: $18,000Net Income 2014: $25,0442014Revenue 2015: $48,662Expenses 2015: $13,500Net Income 2015: $35,1622015Revenue 2016: $10,729Expenses 2016: $15,000Net Income 2016: -$4,2712016

Highlighted filing

2014

Revenue$43,044
Expenses$18,000
Net Income$25,044
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 26, 2015
Return Version
2014v5.0
Gross Receipts
$147,908
Mission and Program Overview

Mission

Scholarship to Students

Program Services

DescriptionGrantsExpenses
The organization gives scholarships to deserving students of Hispanic orgin Selected by performance in school and written essay request-$18,000
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
IRENE HERRERAPresidentFT$0--
ROBERTO CEPEDAVice-PresidentFT$0--
Filing and Contact Details

Filer

Filer Name
Hispanofest Inc
EIN
36-3828284
Phone
7082967006
Address
PO Box 1902, Melrose Park, IL 60161

Signing Officer

Name
Irene Herrera
Title
President
Phone
7082967006
Signed
2015-08-26

Preparer

Firm
Ochoa & Associates Ltd (CPAs')
Address
2010 W Lake St, Melrose Park, IL 60160
Preparer
Santos Ochoa
Phone
7083431400
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Scholarship scholarship ricardo d. Ramirez 1500. Scholarship scholarship paloma quintana 1500. Scholarship scholarship omar vazquez 1500. Scholarship scholarship laura n. Rodriguez 750. Scholarship scholarship emanuel marchan 1500. Scholarship scholarship ignacio m. Marchan 750. Scholarship scholarship marvin gomez 1500. Scholarship scholarship ariana aguirre 1500. Scholarship scholarship adanary diaz 750. Scholarship scholarship amanda bernal 750. Scholarship scholarship janeth vazquez 1500. Sc”

Raw XML Appendix131 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0IRENE HERRERA
IRS990EZ/BooksInCareOfDetail/PhoneNum07082967006
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 1902
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Melrose Park
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060161
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt056310
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt054807
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt025044
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt056310
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt093101
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt018000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0147908
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt056310
IRS990EZ/NetAssetsOrFundBalancesEOYAmt064189
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt056310
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt064189
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0IRENE HERRERA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROBERTO CEPEDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice-President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-17165
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Scholarship to Students
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization gives scholarships to deserving students of Hispanic orgin Selected by performance in school and written essay request
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt018000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt0104864
IRS990EZ/SpecialEventsNetIncomeLossAmt0-11763
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt018000
IRS990EZ/TotalProgramServiceExpensesAmt018000
IRS990EZ/TotalRevenueAmt043044
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt018000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt044549
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt027500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt030000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt036159
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0156208
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0156208
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt018000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt044549
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt027500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt030000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt036159
IRS990ScheduleA/Total509Grp/TotalAmt0156208
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0156208
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIP SCHOLARSHIP RICARDO D. RAMIREZ 1500. SCHOLARSHIP SCHOLARSHIP PALOMA QUINTANA 1500. SCHOLARSHIP SCHOLARSHIP OMAR VAZQUEZ 1500. SCHOLARSHIP SCHOLARSHIP LAURA N. RODRIGUEZ 750. SCHOLARSHIP SCHOLARSHIP EMANUEL MARCHAN 1500. SCHOLARSHIP SCHOLARSHIP IGNACIO M. MARCHAN 750. SCHOLARSHIP SCHOLARSHIP MARVIN GOMEZ 1500. SCHOLARSHIP SCHOLARSHIP ARIANA AGUIRRE 1500. SCHOLARSHIP SCHOLARSHIP ADANARY DIAZ 750. SCHOLARSHIP SCHOLARSHIP AMANDA BERNAL 750. SCHOLARSHIP SCHOLARSHIP JANETH VAZQUEZ 1500. SC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm0IRENE HERRERA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07082967006
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Hispanofest Inc
ReturnHeader/Filer/BusinessNameControlTxt0HISP
ReturnHeader/Filer/EIN0363828284
ReturnHeader/Filer/PhoneNum07082967006
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1902
ReturnHeader/Filer/USAddress/CityNm0Melrose Park
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060161
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ochoa & Associates Ltd (CPAs')
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02010 W Lake St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Melrose Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060160
ReturnHeader/PreparerPersonGrp/PhoneNum07083431400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SANTOS OCHOA
ReturnHeader/ReturnTs02015-08-28T11:56:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$64,189
Revenue
$43,044
Expenses
$18,000
Net income
$25,044
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$95.1$95.1$10.7$15.0$4.27
2015Detailed filing. Detailed filing data is available for this year.$99.4$99.4$48.7$13.5$35.2
2014Detailed filing. Detailed filing data is available for this year.$0.00$64.2$43.0$18.0$25.0
2013Detailed filing. Detailed filing data is available for this year.$0.00$56.3$33.0$13.9$19.1