Civic Intelligence

Hispanic United Fund DBA Hispanic & Latino Charities of the Us & Americas

990 • Fiscal year 2017 • EIN 68-0455509

May 01, 2016 to Apr 30, 2017 • Filed on Jan 26, 2018

1100 Larkspur Landing CircleLarkspur, CA 94939

(415) 925-2658

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$0

Down $280,798 (-100%) from 2016

Net Assets

Flat

$0

Flat from 2016

Liabilities

Down

$0

Down $280,798 (-100%) from 2016

Revenue

Down

$0

Down $403,395 (-100%) from 2016

Expenses

Down

$35,313

Down $368,082 (-91%) from 2016

Net Income

Down

-$35,313

Down $35,313 from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $504,881Liabilities 2012: $504,881Net Assets 2012: $02012Assets 2013: $513,536Liabilities 2013: $513,536Net Assets 2013: $02013Assets 2014: $408,582Liabilities 2014: $408,582Net Assets 2014: $02014Assets 2015: $304,741Liabilities 2015: $304,741Net Assets 2015: $02015Assets 2016: $280,798Liabilities 2016: $280,798Net Assets 2016: $02016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $548,8862012Revenue 2013: $565,413Expenses 2013: $565,413Net Income 2013: $02013Revenue 2014: $429,617Expenses 2014: $429,617Net Income 2014: $02014Revenue 2015: $416,586Expenses 2015: $416,586Net Income 2015: $02015Revenue 2016: $403,395Expenses 2016: $403,395Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $35,313Net Income 2017: -$35,3132017

Highlighted filing

2017

Revenue$0
Expenses$35,313
Net Income-$35,313
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Jan 26, 2018
Return Version
2016v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

Hispanic united fund dba hispanic & latino charities of the u.s. And the americas receives funds from workplace payroll deduction fund drives for distribution to member agencies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$220,647$0▼ $220,647
Cash and Non-Interest-Bearing Accounts$60,151$0▼ $60,151
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$280,798$0▼ $280,798
Other Assets Total-$0-
Liabilities
Other Liabilities$274,802--
Accounts Payable and Accrued Expenses$5,996--
Total Liabilities$280,798$0▼ $280,798
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$280,798$0▼ $280,798
Compensation and Service Providers

Board Members and Trustees

NameTitle
Frank WalkerBoard President
Lorena BlancoBoard Secretary
Kathy Borunda BarreraBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-35,313

Audited Revenue Reconciliation

Revenue per Audited Statements
$38,861
Revenue Not Reported on Financial Statements
$-38,861
Other Revenue Adjustments
$-38,861
Total Revenue per Audited Statements
$38,861
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$74,174
Total Fundraising Expense$5,902
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Grants and Similar Amounts Paid$-38,861

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$20,639$1,376$5,504$27,519
Other Expenses$1,492$730$398$2,620
Insurance-$1,449-$1,449
Travel-$68-$68
Grants to Domestic Orgs$-38,861--$-38,861
Total Functional Expenses$-16,730$46,141$5,902$35,313

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$74,174
Total Expenses per Audited Statements$74,174
Total Expenses per Form 990$35,313
Expenses Not Reported on Financial Statements$-38,861
Other Expense Adjustments$-38,861
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

The federation outsources certain enumerated administrative and ministerial services to maguire/maguire association management, specifically including maintaining a headquarters address and storage for the federation, preparing campaign applications and registrations as required to maintain campaign eligibility, coordinating marketing & advertising activities, and consulting to the member charities on issues of their individual campaign eligibility and campaign presentation. The contract excludes providing decision-making or policy-making functions, which are reserved to the board.

Form 990, Part VI, Line 11B: Form 990 Review Process

The treasurer reviews the form 990 for accuracy and completeness, signs and files the return on behalf of the governing board. Copies of the form 990 including attachments are sent to each board member for review and discussion at the next scheduled board meeting.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The written conflict of interest policy is reviewed annually by the governing board for adherence and new board members are required to affirm acceptance of the policy.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Prior year information returns (form 990) are available for public inspection on the guidestar website located at www.guidestar.org.the organization's governing documents, policies, financial statements and information returns are available upon request.

Form 990, Part VI, Line 15

The organization is supported by volunteers and does not intend to employ individuals.

Filing and Contact Details

Filer

Filer Name
Hispanic United Fund Dba Hispanic &
EIN
68-0455509
Phone
4159252658
Address
1100 LARKSPUR LANDING CIRCLE, LARKSPUR, CA 94939

Signing Officer

Name
Kathy Borunda Barrera
Title
Board Treasurer
Signed
2018-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy Borunda Barrera
Formed
2000
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Maze & Associates
Address
3478 BUSKIRK AVE STE 215, PLEASANT HILL, CA 94523-4346
Preparer
Timothy J Krisch
Phone
9259300902
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

To record the equity paid to ica = $35313

Form 990, Part IV, Line 29

Although the organization did not receive more than $25,000 in non-cash contributions, it participates in a vehicle donation program administered by independent charities of america, of which the organization is a member. The organization does not take title to or possession of donated vehicles, does not issue receipts, and has no control over the program, but a contributor may specify that net proceeds from the resale of the contributor's vehicle be directed to the organization.

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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0942590179
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt01190
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0ACTUAL COSTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt03478 BUSKIRK AVENUE SUITE 215
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0PLEASANT HILL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0CA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd094523
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IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FEDERATION OUTSOURCES CERTAIN ENUMERATED ADMINISTRATIVE AND MINISTERIAL SERVICES TO MAGUIRE/MAGUIRE ASSOCIATION MANAGEMENT, SPECIFICALLY INCLUDING MAINTAINING A HEADQUARTERS ADDRESS AND STORAGE FOR THE FEDERATION, PREPARING CAMPAIGN APPLICATIONS AND REGISTRATIONS AS REQUIRED TO MAINTAIN CAMPAIGN ELIGIBILITY, COORDINATING MARKETING & ADVERTISING ACTIVITIES, AND CONSULTING TO THE MEMBER CHARITIES ON ISSUES OF THEIR INDIVIDUAL CAMPAIGN ELIGIBILITY AND CAMPAIGN PRESENTATION. THE CONTRACT EXCLUDES PROVIDING DECISION-MAKING OR POLICY-MAKING FUNCTIONS, WHICH ARE RESERVED TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER REVIEWS THE FORM 990 FOR ACCURACY AND COMPLETENESS, SIGNS AND FILES THE RETURN ON BEHALF OF THE GOVERNING BOARD. COPIES OF THE FORM 990 INCLUDING ATTACHMENTS ARE SENT TO EACH BOARD MEMBER FOR REVIEW AND DISCUSSION AT THE NEXT SCHEDULED BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE WRITTEN CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE GOVERNING BOARD FOR ADHERENCE AND NEW BOARD MEMBERS ARE REQUIRED TO AFFIRM ACCEPTANCE OF THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR YEAR INFORMATION RETURNS (FORM 990) ARE AVAILABLE FOR PUBLIC INSPECTION ON THE GUIDESTAR WEBSITE LOCATED AT WWW.GUIDESTAR.ORG.THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS AND INFORMATION RETURNS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO RECORD THE EQUITY PAID TO ICA = $35313
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALTHOUGH THE ORGANIZATION DID NOT RECEIVE MORE THAN $25,000 IN NON-CASH CONTRIBUTIONS, IT PARTICIPATES IN A VEHICLE DONATION PROGRAM ADMINISTERED BY INDEPENDENT CHARITIES OF AMERICA, OF WHICH THE ORGANIZATION IS A MEMBER. THE ORGANIZATION DOES NOT TAKE TITLE TO OR POSSESSION OF DONATED VEHICLES, DOES NOT ISSUE RECEIPTS, AND HAS NO CONTROL OVER THE PROGRAM, BUT A CONTRIBUTOR MAY SPECIFY THAT NET PROCEEDS FROM THE RESALE OF THE CONTRIBUTOR'S VEHICLE BE DIRECTED TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION IS SUPPORTED BY VOLUNTEERS AND DOES NOT INTEND TO EMPLOY INDIVIDUALS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IV, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, LINE 15
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt0280798
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0280798
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05902
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt046141
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0-16730
IRS990/TotalFunctionalExpensesGrp/TotalAmt035313
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0280798
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0280798
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalProgramServiceExpensesAmt0-16730
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0280798
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt068
IRS990/TravelGrp/TotalAmt068
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01100 LARKSPUR LANDING CIR 340
IRS990/USAddress/CityNm0LARKSPUR
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd0949391827
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.hlcusa.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHY BORUNDA BARRERA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HISPANIC UNITED FUND DBA HISPANIC &
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0LATINO CHARITIES OF THE US & AMERICAS
ReturnHeader/Filer/BusinessNameControlTxt0HISP
ReturnHeader/Filer/EIN0680455509
ReturnHeader/Filer/PhoneNum04159252658
ReturnHeader/Filer/USAddress/AddressLine1Txt01100 LARKSPUR LANDING CIRCLE
ReturnHeader/Filer/USAddress/CityNm0LARKSPUR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094939
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAZE & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03478 BUSKIRK AVE STE 215
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PLEASANT HILL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0945234346
ReturnHeader/PreparerPersonGrp/PhoneNum09259300902
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY J KRISCH
ReturnHeader/ReturnTs02018-01-26T09:39:38-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-05-01
ReturnHeader/TaxPeriodEndDt02017-04-30
ReturnHeader/TaxYr02016

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