Civic Intelligence

La Luz Hispana

990 • Fiscal year 2022 • EIN 46-4642633

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

7 2nd Avenue NEHampton, IA 50441

(641) 812-1090

Siviq Scores

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

Liabilities / Assets

67th percentile

0.01x

Higher debt load relative to assets than 67% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

52nd percentile

5.7%

Higher net margin than 52% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

90th percentile

$40,009

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

60th percentile

7.9%

Faster asset growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

72nd percentile

47%

Faster revenue growth than 72% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$223,755

Up $16,302 (+7.9%) from 2021

Net Assets

Up

$220,564

Up $21,896 (+11%) from 2021

Liabilities

Down

$3,191

Down $5,594 (-64%) from 2021

Revenue

Up

$385,285

Up $122,692 (+47%) from 2021

Expenses

Up

$363,389

Up $70,064 (+24%) from 2021

Net Income

Up

$21,896

Up $52,628 (+171%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2013: $21,684Liabilities 2013: $02013Assets 2014: $80,857Liabilities 2014: $02014Assets 2015: $69,279Liabilities 2015: $02015Assets 2016: $187,242Liabilities 2016: $02016Assets 2017: $245,923Liabilities 2017: $832Net Assets 2017: $245,0912017Assets 2018: $230,190Liabilities 2018: $1,431Net Assets 2018: $228,7592018Assets 2019: $321,110Liabilities 2019: $122,702Net Assets 2019: $198,4082019Assets 2020: $238,889Liabilities 2020: $9,489Net Assets 2020: $229,4002020Assets 2021: $207,453Liabilities 2021: $8,785Net Assets 2021: $198,6682021Assets 2022: $223,755Liabilities 2022: $3,191Net Assets 2022: $220,5642022Assets 2023: $232,656Liabilities 2023: $3,435Net Assets 2023: $229,2212023

Highlighted filing

2022

Assets$223,755
Liabilities$3,191
Net Assets$220,564

Operations Trend

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

$400K$200K$0-$200KRevenue 2013: $51,499Expenses 2013: $29,815Net Income 2013: $21,6842013Revenue 2014: $74,468Expenses 2014: $26,012Net Income 2014: $48,4562014Revenue 2015: $47,925Expenses 2015: $59,503Net Income 2015: -$11,5782015Revenue 2016: $179,870Expenses 2016: $61,907Net Income 2016: $117,9632016Revenue 2017: $145,124Expenses 2017: $87,275Net Income 2017: $57,8492017Revenue 2018: $101,453Expenses 2018: $117,784Net Income 2018: -$16,3312018Revenue 2019: $133,188Expenses 2019: $163,539Net Income 2019: -$30,3512019Revenue 2020: $368,124Expenses 2020: $337,132Net Income 2020: $30,9922020Revenue 2021: $262,593Expenses 2021: $293,325Net Income 2021: -$30,7322021Revenue 2022: $385,285Expenses 2022: $363,389Net Income 2022: $21,8962022Revenue 2023: $268,796Expenses 2023: $257,286Net Income 2023: $11,5102023

Highlighted filing

2022

Revenue$385,285
Expenses$363,389
Net Income$21,896
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$396,354
Mission and Program Overview

Mission

THE ORGANIZATION PROVIDES EDUCATION AND CHARITABLE SUPPORT FOR HISPANIC POPULATION AND PROMOTES CULTURAL AWARENESS AND DIVERSITY WITH HOSPITALITY AND SUPPORTIVE SERVICES TO ALL. iN ADDITION, THE ORGANIZATION PROVIDES ASSISTANCE AND RESPONDS TO THE EMOTIONAL AND PHYSICAL NEEDS OF CRIME VICTIMS THROUGH THE USE OF FEDERAL GRANTS.

To provide education and charitable support for hispanic population and to promote cultural awareness and diversity with hospitality and supportive services to all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$198,668$220,564▲ $21,896
Cash and Non-Interest-Bearing Accounts$100,861$127,612▲ $26,751
Land, Buildings, and Equipment, Net$94,000$94,000→ $0
Inventories for Sale or Use$3,429$2,143▼ $1,286
Total Assets$207,453$223,755▲ $16,302
Other Assets Total$9,163--
Liabilities
Accounts Payable and Accrued Expenses$8,785$3,191▼ $5,594
Total Liabilities$8,785$3,191▼ $5,594
Net Assets / Fund Balance
Total Net Assets Fund Balance$198,668$220,564▲ $21,896
Total Liabilities and Net Assets / Fund Balance$207,453$223,755▲ $16,302

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$94,000-$94,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kyle WhalenExecutive DirectorFT$40,009$40,009

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$362,973
Program Service Revenue
$18,428
Investment Income
$129
Other Revenue
$3,755
All Other Contributions
$163,995
Change in Net Assets
$21,896
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$253,540
Other Expenses$83,690
Grants and Similar Amounts Paid$26,159
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$111,476$5,932-$117,408
Current Officers, Directors, Trustees, and Key Employees-$73,633-$73,633
Other Employee Benefits$15,038$32,482-$47,520
Occupancy$1,981$26,220-$28,201
Grants to Domestic Individuals$26,159--$26,159
Payroll Taxes$8,693$6,286-$14,979
Office Expenses$7,821$5,390-$13,211
Other Expenses$7,096$2,027-$9,123
All Other Expenses$3,340$386-$3,726
Insurance$900$2,646-$3,546
Fees for Services Accounting-$2,660-$2,660
Travel$1,203$233-$1,436
Conferences and Meetings$589--$589
Advertising-$157-$157
Total Functional Expenses$193,462$169,927$0$363,389
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,454
Fundraising Direct Expenses$11,069
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gran Festival$22,147$14,455$1,869$12,586
Total Events$22,147$14,455$10,529$3,926
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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

Governance Explanations

Form 990, Part VI, Section B, Line 15B

Compensation process for top official - the State Association complies a survey of compensation paid to Directors in Iowa which is used by the Board to establish the compensation for the Executive Director. A voting member of the Board who receives compensation is precluded from voting on matters pertaining to his/her compensation.

Form 990, Part IV, Section C, Line 19

The Organizations governing documents, conflict of interest statements and financial information are available for review by request from any officer or director during normal business hours.

Filing and Contact Details

Filer

Filer Name
La Luz Hispana
EIN
46-4642633
Phone
6418121090
Address
7 2ND AVENUE NE, Hampton, IA 50441

Signing Officer

Name
James Kohls
Title
Board President
Phone
6418121090
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Kohls
Formed
2014
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
8

Preparer

Firm
Rachelle K Thompson CPA PLLC
Address
808 4th St NE Suite 3, Hampton, IA 50441
Preparer
Rachelle K Thompson
Phone
6414569185
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Section B, Line 12C

Each Director and Principal Officer shall annually sign a statement attesting to the fact that he/she has received a copy of the conflict of interest policy, has read and understands the policy and has documented any relationship which would cause a possible conflict of interest with the Organization.

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IRS990/ProgSrvcAccomActy3Grp/Desc0CULTURAL EVENTS, SPEAKERS AND EDUCATIONAL MATERIALS ARE PROVIDED TO THE HISPANIC POPULATION IN FRANKLIN COUNTY.
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IRS990/ProgSrvcAccomActy3Grp/GrantAmt050000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0235339
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt05112
IRS990/PYInvestmentIncomeAmt0180
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt086852
IRS990/PYOtherRevenueAmt08575
IRS990/PYProgramServiceRevenueAmt018499
IRS990/PYRevenuesLessExpensesAmt0-30732
IRS990/PYSalariesCompEmpBnftPaidAmt0201361
IRS990/PYTotalExpensesAmt0293325
IRS990/PYTotalRevenueAmt0262593
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt021896
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0194000
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0198668
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0220564
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0333530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0235339
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0334073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0119835
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt083502
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01106279
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0129
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0180
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0744
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03770
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0923
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05746
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt018428
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99480
IRS990ScheduleA/PublicSupportPY170Pct00.99290
IRS990ScheduleA/PublicSupportTotal170Amt01106279
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0333530
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0235339
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0334073
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0119835
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt083502
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01106279
IRS990ScheduleA/TotalSupportAmt01112025
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/BookValueAmt094000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt094000
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt094000
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt0595
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0595
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt07692
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt07692
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010529
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt07865
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt07865
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GRAN FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022147
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022147
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt014455
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt014455
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt03926
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01869
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01869
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0200
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0200
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Housing assistance
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt026119
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Rent, electricity, heating and water bill assistance
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt032
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Each Director and Principal Officer shall annually sign a statement attesting to the fact that he/she has received a copy of the conflict of interest policy, has read and understands the policy and has documented any relationship which would cause a possible conflict of interest with the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Compensation process for top official - the State Association complies a survey of compensation paid to Directors in Iowa which is used by the Board to establish the compensation for the Executive Director. A voting member of the Board who receives compensation is precluded from voting on matters pertaining to his/her compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organizations governing documents, conflict of interest statements and financial information are available for review by request from any officer or director during normal business hours.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part IV, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IV, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0207453
IRS990/TotalAssetsEOYAmt0223755
IRS990/TotalAssetsGrp/BOYAmt0207453
IRS990/TotalAssetsGrp/EOYAmt0223755
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0362973
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0169927
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0193462
IRS990/TotalFunctionalExpensesGrp/TotalAmt0363389
IRS990/TotalGrossUBIAmt03514
IRS990/TotalLiabilitiesBOYAmt08785
IRS990/TotalLiabilitiesEOYAmt03191
IRS990/TotalLiabilitiesGrp/BOYAmt08785
IRS990/TotalLiabilitiesGrp/EOYAmt03191
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0198668
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0220564
IRS990/TotalProgramServiceExpensesAmt0193462
IRS990/TotalProgramServiceRevenueAmt018428
IRS990/TotalReportableCompFromOrgAmt040009
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt018428
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0385285
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt03514
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0207453
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0223755
IRS990/TravelGrp/ManagementAndGeneralAmt0233
IRS990/TravelGrp/ProgramServicesAmt01203
IRS990/TravelGrp/TotalAmt01436
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false

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