Civic Intelligence

Southwest Florida Hispanic Commerce

EIN 65-0154409 • 501(c)6 • Cape Coral, FL

Profile

Advocte and facilitate the success of

1217 Cape Coral Pkwy E Ste 160Cape Coral, FL 33904

n/A

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.73x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

94th percentile

0.58x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

94th percentile

45%

Higher net margin than 94% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

95th percentile

84%

Faster asset growth than 95% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

1.4%

Faster revenue growth than 54% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$33,757

Up $15,370 (+84%) from 2020

Liabilities

Down

$24,654

Down $3,757 (-13%) from 2020

Net Assets

Up

$9,103

Up $19,127 (+191%) from 2020

Revenue

Up

$42,371

Up $577 (+1.4%) from 2020

Expenses

Down

$23,244

Down $28,013 (-55%) from 2020

Net Income

Up

$19,127

Up $28,590 (+302%) from 2020

Trend Graphs

Balance Sheet Trend

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

$40K$20K$0-$20K-$40KAssets 2011: $15,077Liabilities 2011: $0Net Assets 2011: $15,0772011Assets 2012: $22,469Liabilities 2012: $0Net Assets 2012: $22,4692012Assets 2013: $7,963Liabilities 2013: $0Net Assets 2013: $7,9632013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $2,222Liabilities 2017: $24,347Net Assets 2017: -$22,1252017Assets 2018: $8,862Liabilities 2018: $24,347Net Assets 2018: -$15,4852018Assets 2019: $29,389Liabilities 2019: $26,226Net Assets 2019: $3,1632019Assets 2020: $18,387Liabilities 2020: $28,411Net Assets 2020: -$10,0242020Assets 2021: $33,757Liabilities 2021: $24,654Net Assets 2021: $9,1032021

Highlighted filing

2021

Assets$33,757
Liabilities$24,654
Net Assets$9,103

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $129,641Expenses 2011: $125,637Net Income 2011: $4,0042011Revenue 2012: $141,859Expenses 2012: $125,074Net Income 2012: $16,7852012Revenue 2013: $159,647Expenses 2013: $151,684Net Income 2013: $7,9632013Revenue 2014: $165,859Expenses 2014: $123,434Net Income 2014: $42,4252014Revenue 2015: $102,445Expenses 2015: $101,073Net Income 2015: $1,3722015Revenue 2016: $98,902Expenses 2016: $103,570Net Income 2016: -$4,6682016Revenue 2017: $96,767Expenses 2017: $119,761Net Income 2017: -$22,9942017Revenue 2018: $62,949Expenses 2018: $56,309Net Income 2018: $6,6402018Revenue 2019: $116,024Expenses 2019: $100,499Net Income 2019: $15,5252019Revenue 2020: $41,794Expenses 2020: $51,257Net Income 2020: -$9,4632020Revenue 2021: $42,371Expenses 2021: $23,244Net Income 2021: $19,1272021

Highlighted filing

2021

Revenue$42,371
Expenses$23,244
Net Income$19,127

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 14, 2022
Return Version
2021v4.0
Gross Receipts
$42,371
Mission and Program Overview

Mission

Advocte and facilitate the success of

Advocate and facilitate the success of the hispanic owned businesses, non- hispanic business markets and communitites, foster economic development of hispanic entrepeneurs, create and encourage economic development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$17,990$33,125▲ $15,135
Accounts Receivable$397$547▲ $150
Other Notes and Loans Receivable, Net-$85-
Total Assets$18,387$33,757▲ $15,370
Liabilities
Other Liabilities$28,411$24,654▼ $3,757
Total Liabilities$28,411$24,654▼ $3,757
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-10,024$9,103▲ $19,127
Total Net Assets Fund Balance$-10,024$9,103▲ $19,127
Total Liabilities and Net Assets / Fund Balance$18,387$33,757▲ $15,370

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$156$156
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michelle Perez-maciasChair
Maite VillaSecretary
Veronica LeblancTreasurer
Edye ButtonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$42,371
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$9,355
Change in Net Assets
$19,127
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$23,244
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$7,300--$7,300
Conferences and Meetings$7,284--$7,284
Office Expenses$4,292--$4,292
Advertising$2,900--$2,900
Insurance$1,312--$1,312
Depreciation Depletion$156--$156
Total Functional Expenses$23,244$0$0$23,244
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
IRS Liabilities$13,396
Broadway Palms Dues$8,758
Due to Bsc- Event$2,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Southwest Florida Hispanic Chamber
EIN
65-0154409
Address
1217 CAPE CORAL PKWY E STE 160, CAPE CORAL, FL 33904

Signing Officer

Name
Edye Button
Title
Vice President
Phone
2394181441
Signed
2022-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Perez-macias
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
Macias Consulting Inc
Address
1625 SE 46TH ST STE 5A, CAPE CORAL, FL 33904
Preparer
Michelle Perez-macias CPA
Phone
2395492140
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Chamber events/program services

Form 990, Part XI, Line 9

Correction 0 correction 0

Raw XML Appendix249 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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0false
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IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt042371
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IRS990/IRPDocumentCnt00
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IRS990/LandBldgEquipAccumDeprecAmt0156
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IRS990/LoanOutstandingInd0false
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits