Civic Intelligence

Latino Resources Inc.

990EZ • Fiscal year 2018 • EIN 54-2074268

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

4217 University AvenueDes Moines, IA 50311

(515) 279-0715

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

39th percentile

-0.6%

Higher net margin than 39% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$12,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

37th percentile

-4.3%

Faster asset growth than 37% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

49th percentile

0.6%

Faster revenue growth than 49% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$26,098

Down $1,176 (-4.3%) from 2017

Net Assets

Down

$26,098

Down $1,176 (-4.3%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$199,895

Up $1,202 (+0.6%) from 2017

Expenses

Down

$201,071

Down $19,572 (-8.9%) from 2017

Net Income

Up

-$1,176

Up $20,774 (+95%) from 2017

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $34,007Net Assets 2010: $34,0072010Assets 2011: $27,841Liabilities 2011: $02011Assets 2012: $45,865Net Assets 2012: $45,8652012Assets 2013: $26,228Net Assets 2013: $26,2282013Assets 2014: $30,303Net Assets 2014: $30,3032014Assets 2015: $36,141Liabilities 2015: $02015Assets 2016: $49,224Liabilities 2016: $0Net Assets 2016: $49,2242016Assets 2017: $27,274Liabilities 2017: $0Net Assets 2017: $27,2742017Assets 2018: $26,098Liabilities 2018: $0Net Assets 2018: $26,0982018Assets 2019: $29,770Liabilities 2019: $0Net Assets 2019: $29,7702019Assets 2020: $27,717Net Assets 2020: $27,7172020Assets 2021: $89,028Liabilities 2021: $0Net Assets 2021: $89,0282021Assets 2022: $107,357Liabilities 2022: $0Net Assets 2022: $107,3572022Assets 2023: $95,792Liabilities 2023: $0Net Assets 2023: $95,7922023Assets 2024: $106,117Liabilities 2024: $0Net Assets 2024: $106,1172024

Highlighted filing

2018

Assets$26,098
Liabilities$0
Net Assets$26,098

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $178,825Expenses 2010: $197,771Net Income 2010: -$18,9462010Revenue 2011: $171,595Expenses 2011: $177,761Net Income 2011: -$6,1662011Revenue 2012: $196,286Expenses 2012: $153,731Net Income 2012: $42,5552012Revenue 2013: $149,813Expenses 2013: $151,187Net Income 2013: -$1,3742013Revenue 2014: $170,958Expenses 2014: $166,883Net Income 2014: $4,0752014Revenue 2015: $186,067Expenses 2015: $180,229Net Income 2015: $5,8382015Revenue 2016: $181,543Expenses 2016: $168,460Net Income 2016: $13,0832016Revenue 2017: $198,693Expenses 2017: $220,643Net Income 2017: -$21,9502017Revenue 2018: $199,895Expenses 2018: $201,071Net Income 2018: -$1,1762018Revenue 2019: $239,209Expenses 2019: $235,537Net Income 2019: $3,6722019Revenue 2020: $36,818Expenses 2020: $51,001Net Income 2020: -$14,1832020Revenue 2021: $278,118Expenses 2021: $216,807Net Income 2021: $61,3112021Revenue 2022: $327,606Expenses 2022: $262,268Net Income 2022: $65,3382022Revenue 2023: $349,901Expenses 2023: $361,466Net Income 2023: -$11,5652023Revenue 2024: $363,673Expenses 2024: $353,348Net Income 2024: $10,3252024

Highlighted filing

2018

Revenue$199,895
Expenses$201,071
Net Income-$1,176
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.0
Gross Receipts
$199,895
Mission and Program Overview

Mission

Latino resources inc. Provides opportunities to educate and connect communities while celebrating latino cultures and traditions. The latino heritage festival is a yearly main event.

Latino Resources Inc. provides opportunities to educate and connect communities while celebrating Latino cultures and traditions. .

Program Services

DescriptionGrantsExpenses
Latino Resources Inc. sponsors the production of an annual two day event featuring activities, food, music and exhibits relating to the culture of Central and South American Countries. Approximately 10,000 people attend the event$0$197,660
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joe GonzalezExecutive DirectorFT$12,000-$12,000
Yanira ScarlettPresidentPT$0--
Claudia ThraneVice PresidentPT$0--
Connie WilliamsTreasurerPT$0--
Brenda PhongsavanhSecretaryPT$0--
Dave SlinkerBoard DirectorPT$0--
Amy SchumannBoard DirectorPT$0--
Margarita PizanoBoard DirectorPT$0--
Nela BlancoBoard DirectorPT$0--
Augustine MendezBoard DirectorPT$0--
Adriana HernandezBoard DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Latino Resources Inc
EIN
54-2074268
Phone
5152790715
Address
4217 University Avenue, Des Moines, IA 50311

Signing Officer

Name
Joe Gonzalez
Title
Executive Director
Phone
5152790715
Signed
2019-11-13
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Scholarships provided to students, no grantee relationships

Form 990-EZ, Part I, Line 16

Description;Amount^Festival Marketing and Advertising;35209|Festival Permits and Fees;7493|Fesitval Rentals generators fencing staging tents;76045|Festival Entertainment;19550|Festival Security;6660|Festival Cleanup street portapotties;6367|Festival Travel and Supplies;9069|Festival Insurance;6158^Total;166551^

Raw XML Appendix203 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Joe Gonzalez
IRS990EZ/BooksInCareOfDetail/PhoneNum05152790715
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04217 University Avenue
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Des Moines
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050311
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt912000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Yanira Scarlett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Claudia Thrane
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Connie Williams
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Brenda Phongsavanh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Dave Slinker
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Amy Schumann
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Margarita Pizano
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Nela Blanco
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Augustine Mendez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Joe Gonzalez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Adriana Hernandez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Board Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Board Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Board Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0166551
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Latino Resources Inc. provides opportunities to educate and connect communities while celebrating Latino cultures and traditions. .
IRS990EZ/PrintingPublicationsPostageAmt06253
IRS990EZ/ProgramServiceRevenueAmt0197660
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0197660
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SalariesOtherCompEmplBnftAmt012000
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IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02235
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02235
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0197660
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0198693
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0181543
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0186067
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0170958
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IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
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IRS990ScheduleA/PublicSupportPY509Pct01
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0186067
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0170958
IRS990ScheduleA/Total509Grp/TotalAmt0937156
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0199895
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0198693
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0181543
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0186067
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0170958
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0937156
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Scholarships provided to students, no grantee relationships
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Festival Marketing and Advertising;35209|Festival Permits and Fees;7493|Fesitval Rentals generators fencing staging tents;76045|Festival Entertainment;19550|Festival Security;6660|Festival Cleanup street portapotties;6367|Festival Travel and Supplies;9069|Festival Insurance;6158^Total;166551^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0Everyone is a volunteer and the board could not convene and approve the 990.
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Joe Gonzalez
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum05152790715
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LATINO RESOURCES INC
ReturnHeader/Filer/BusinessNameControlTxt0LATI
ReturnHeader/Filer/EIN0542074268
ReturnHeader/Filer/PhoneNum05152790715
ReturnHeader/Filer/USAddress/AddressLine1Txt04217 University Avenue
ReturnHeader/Filer/USAddress/CityNm0Des Moines
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050311
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.125.179.61
ReturnHeader/ReturnTs02019-11-18T21:02:32-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.00$1.06$3.64$3.53$0.10
2023Summary only. Only limited summary data is available for this year.$0.96$0.00$0.96$3.50$3.61$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.00$1.07$3.28$2.62$0.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.00$0.89$2.78$2.17$0.61
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.28$0.37$0.51$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.00$0.30$2.39$2.36$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$2.00$2.01$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.00$0.27$1.99$2.21$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.49$1.82$1.68$0.13
2015Summary only. Only limited summary data is available for this year.$0.36$0.00$1.86$1.80$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.30$0.30$1.71$1.67$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.26$0.26$1.50$1.51$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.46$1.96$1.54$0.43
2011Summary only. Only limited summary data is available for this year.$0.28$0.00$1.72$1.78$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.34$1.79$1.98$0.19