Liabilities / Assets
57th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
57th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
89th percentile
Faster revenue growth than 89% of similar nonprofits.
Balance Sheet
Assets
Down$335,146
Down $55,332 (-14%) from 2018
Net Assets
Down$335,146
Down $55,332 (-14%) from 2018
Liabilities
Flat$0
Flat from 2018
Revenue And Expenses
Revenue
Up$11,306
Up $4,599 (+69%) from 2018
Expenses
Up$66,638
Up $56,750 (+574%) from 2018
Net Income
Down-$55,332
Down $52,151 (-1639%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Feb 26, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $11,306
Mission and Program Overview
Mission
The michigan hispanic fund will continue to pursue its primary mission to encourage, support and promote the creation and growth of minority hispanic businesses.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDE EDUCATION, MENTORSHIP, LEADERSHIP, TECHNICAL TRAINING, AND ENTREPRENEURIAL SKILLS SUPPORT TO STRUGGLING MINORITY INDIVIDUALS IN THE HISPANIC BUSINESS COMMUNITY BY SPONSORING CONFERENCES, WORKSHOPS AND OTHER TRAINING SESSIONS. | - | $66,488 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JOANN CHAVEZ | Chair | - | $0 | - | - |
| JEFF WYATT | Treasurer | - | $0 | - | - |
| GUILLERMO BORQUEZ | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Michigan Hispanic Fund
- EIN
- 38-3209119
- Phone
- 2487922763
- Address
- 1938 BURDETTE ST, FERNDALE, MI 48220
Signing Officer
- Name
- Joann Chavez
- Title
- Chair
- Phone
- 2487922763
- Signed
- 2020-02-26
Preparer
- Firm
- Schlaupitz Madhavan Pc
- Address
- 820 KIRTS BLVD SUITE 100, TROY, MI 48084
- Preparer
- Daniel T Alleman
- Phone
- 2486491600
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Restitution 2,300 total 2,300”
Form 990-ez, Part II, Line 24
“Due from affiliated organization 0 200 total 0 200”
Form 990-ez, Part III
“The michigan hispanic fund will continue to pursue its primary mission to encourage, support and promote the creation and growth of minority hispanic businesses.”
Form 990-ez, Part III, Line 28
“Provide education, mentorship, leadership, technical training, and entrepreneurial skills support to struggling minority individuals in the hispanic business community by sponsoring conferences, workshops and other training sessions.”
Raw XML Appendix153 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | SCHLAUPITZ MADHAVAN PC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2486491600 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 820 KIRTS BLVD SUITE 100 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | TROY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 48084 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 390478 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 334946 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -55332 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 66638 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 390478 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 335146 |
| IRS990EZ/GrossReceiptsAmt | 0 | 11306 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 9006 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 390478 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 335146 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 390478 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 335146 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JOANN CHAVEZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JEFF WYATT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | GUILLERMO BORQUEZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 200 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 2300 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE MICHIGAN HISPANIC FUND WILL CONTINUE TO PURSUE ITS PRIMARY MISSION TO ENCOURAGE, SUPPORT AND PROMOTE THE CREATION AND GROWTH OF MINORITY HISPANIC BUSINESSES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDE EDUCATION, MENTORSHIP, LEADERSHIP, TECHNICAL TRAINING, AND ENTREPRENEURIAL SKILLS SUPPORT TO STRUGGLING MINORITY INDIVIDUALS IN THE HISPANIC BUSINESS COMMUNITY BY SPONSORING CONFERENCES, WORKSHOPS AND OTHER TRAINING SESSIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 66488 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MI |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 66638 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 66488 |
| IRS990EZ/TotalRevenueAmt | 0 | 11306 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 355000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 5000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 153000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 513000 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 9006 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 6402 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 329 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 13 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 15750 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 2300 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 305 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 4013 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 6618 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt | 0 | 107 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt | 0 | 43485 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 43592 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 9006 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 6402 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 329 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 13 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 15750 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.03000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.01000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.97280 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.98810 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 563210 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 2300 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 305 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 355000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 9120 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 196485 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 563210 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 11306 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 6707 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 355329 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 9133 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 196485 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 578960 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | RESTITUTION 2,300 TOTAL 2,300 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DUE FROM AFFILIATED ORGANIZATION 0 200 TOTAL 0 200 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE MICHIGAN HISPANIC FUND WILL CONTINUE TO PURSUE ITS PRIMARY MISSION TO ENCOURAGE, SUPPORT AND PROMOTE THE CREATION AND GROWTH OF MINORITY HISPANIC BUSINESSES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PROVIDE EDUCATION, MENTORSHIP, LEADERSHIP, TECHNICAL TRAINING, AND ENTREPRENEURIAL SKILLS SUPPORT TO STRUGGLING MINORITY INDIVIDUALS IN THE HISPANIC BUSINESS COMMUNITY BY SPONSORING CONFERENCES, WORKSHOPS AND OTHER TRAINING SESSIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOANN CHAVEZ |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2487922763 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-02-26 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MICHIGAN HISPANIC FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MICH |
| ReturnHeader/Filer/EIN | 0 | 383209119 |
| ReturnHeader/Filer/PhoneNum | 0 | 2487922763 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1938 BURDETTE ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FERNDALE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 48220 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 3372AA94F2EFD58E5A43F99F7A2B6C0C18310AD6 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 2D0F107EA3853147D49E17864FBCEE997841C39F |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 66.77.128.118 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-02-28 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 15:51:35 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 753148637 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCHLAUPITZ MADHAVAN PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 820 KIRTS BLVD SUITE 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | TROY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 48084 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2486491600 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-02-28 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DANIEL T ALLEMAN |
| ReturnHeader/ReturnTs | 0 | 2020-02-28T15:51:35-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $335,146
- Liabilities
- $0
- Net assets
- $335,146
- Revenue
- $11,306
- Expenses
- $66,638
- Net income
- -$55,332