Civic Intelligence

Hispanofest Inc

EIN 36-3828284 • 501(c)3 • Melrose Park, IL

Profile

Scholarship to Students

PO Box 1902Melrose Park, IL 60161

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2016

Net Margin

16th percentile

-40%

Higher net margin than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

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

Annualized from 2014 to 2016

Revenue Growth

17th percentile

-50%

Faster revenue growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$95,080

Down $4,271 (-4.3%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$95,080

Down $4,271 (-4.3%) from 2015

Operations
Liabilities / RevenueScore unavailableNet Margin16th percentile

Revenue

Down

$10,729

Down $37,933 (-78%) from 2015

Expenses

Up

$15,000

Up $1,500 (+11%) from 2015

Net Income

Down

-$4,271

Down $39,433 (-112%) from 2015

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$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

2016

Assets$95,080
Liabilities-
Net Assets$95,080
Open 2016 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income by year, with the latest 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

2016

Revenue$10,729
Expenses$15,000
Net Income-$4,271
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$95,080
Liabilities
-
Net assets
$95,080
Revenue
$10,729
Expenses
$15,000
Net income
-$4,271
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
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 30, 2017
Return Version
2016v3.0
Gross Receipts
$136,600
Mission and Program Overview

Mission

Scholarship to Students

Program Services

DescriptionGrantsExpenses
The organization gives scholarships to deserving students of Hispanic origin Selected by performance in school and written essay request-$15,000
Compensation and Service Providers
Top Officer PayScore unavailable

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
2017-08-30

Preparer

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

Additional Explanations

Form 990EZ, Part I, Line 10

“Scholarship; scholarship; melanie andrea garcia paz: 1804 w lake street, melrose park, il, 60160; ,”

Form 990EZ, Part I, Line 10

“Scholarship; Scholarship; Elizabeth Aguirre: 143 N 21st Ave., Melrose Park, IL, 60160; , 1500.”

Form 990EZ, Part I, Line 10

“Scholarship; Scholarship; Cindy M Benitez: 538 N 48th Ave, Bellwood, IL, 60104; , 1500.”

Form 990EZ, Part I, Line 10

“Scholarship; Scholarship; Daniela Merlos: 7923 W West Wood Dr., Elmwood Park, IL, 60707; , 1500.”

Form 990EZ, Part I, Line 10

“Scholarship; Scholarship; Guadalupe Orozco: 1600 N 21st Ave., Melrose Park, IL, 60160; , 1500.”

Form 990EZ, Part I, Line 10

“Scholarship; Scholarship; Joaquin Cardenas: 3335 Emerson Street, Franklin Park, IL, 60131; , 1500.”

Form 990EZ, Part I, Line 10

“Scholarship; Scholarship; Madalyn Arredondo: 427 Hyde Park, Bellwood, IL, 60106; , 1500.”

Form 990EZ, Part I, Line 10

“Scholarship; scholarship; kassandra elizabeth rodriguez: 5704 w maple ave., berkeley, il, 60163; , 1”

Form 990EZ, Part I, Line 10

“Scholarship; Scholarship; Patricia Carrera: 1237 S Elgin Ave., Forest Park, IL, 60130; , 1500.”

Form 990EZ, Part I, Line 10

“Scholarship; Scholarship; Anna Carrera: 1237 S Elgin Ave., Forest Park, IL, 60130; , 750.”

Form 990EZ, Part I, Line 10

“Scholarship; scholarship; ariana aileen cardenas: 3335 emerson street, franklin park, il, 60131; , 1”

Raw XML Appendix159 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/BOYAmt099351
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt095080
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt048500
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4271
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt099351
IRS990EZ/Form990TotalAssetsGrp/EOYAmt095080
IRS990EZ/FundraisingGrossIncomeAmt088100
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt015000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0136600
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt099351
IRS990EZ/NetAssetsOrFundBalancesEOYAmt095080
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt099351
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt095080
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/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Scholarship to Students
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization gives scholarships to deserving students of Hispanic origin Selected by performance in school and written essay request
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt015000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt0125871
IRS990EZ/SpecialEventsNetIncomeLossAmt0-37771
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt015000
IRS990EZ/TotalProgramServiceExpensesAmt015000
IRS990EZ/TotalRevenueAmt010729
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt048500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt063925
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt054807
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt044549
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt027500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0239281
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0239281
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt048500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt063925
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt054807
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt044549
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt027500
IRS990ScheduleA/Total509Grp/TotalAmt0239281
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0239281
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; MELANIE ANDREA GARCIA PAZ: 1804 W LAKE STREET, MELROSE PARK, IL, 60160; ,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Scholarship; Scholarship; Elizabeth Aguirre: 143 N 21st Ave., Melrose Park, IL, 60160; , 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Scholarship; Scholarship; Cindy M Benitez: 538 N 48th Ave, Bellwood, IL, 60104; , 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Scholarship; Scholarship; Daniela Merlos: 7923 W West Wood Dr., Elmwood Park, IL, 60707; , 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Scholarship; Scholarship; Guadalupe Orozco: 1600 N 21st Ave., Melrose Park, IL, 60160; , 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Scholarship; Scholarship; Joaquin Cardenas: 3335 Emerson Street, Franklin Park, IL, 60131; , 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Scholarship; Scholarship; Madalyn Arredondo: 427 Hyde Park, Bellwood, IL, 60106; , 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SCHOLARSHIP; SCHOLARSHIP; KASSANDRA ELIZABETH RODRIGUEZ: 5704 W MAPLE AVE., BERKELEY, IL, 60163; , 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Scholarship; Scholarship; Patricia Carrera: 1237 S Elgin Ave., Forest Park, IL, 60130; , 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Scholarship; Scholarship; Anna Carrera: 1237 S Elgin Ave., Forest Park, IL, 60130; , 750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SCHOLARSHIP; SCHOLARSHIP; ARIANA AILEEN CARDENAS: 3335 EMERSON STREET, FRANKLIN PARK, IL, 60131; , 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 10
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0IRENE HERRERA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07082967006
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-30
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/FilingSecurityInformation/AtSubmissionCreationDeviceId073E75F3DE3938D3C02269603D965EAA65C5277EB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01F51A9776DA46D4FB68893DB041ABF2DBDA81D40
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.167.179.217
ReturnHeader/FilingSecurityInformation/IPDt02017-09-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm012:07:42
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ochoa & Associates Ltd CPA
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/PreparationDt02017-09-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SANTOS OCHOA CPA
ReturnHeader/ReturnTs02017-09-13T12:07:50-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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