Civic Intelligence

Circle De Luz Inc.

990EZ • Fiscal year 2018 • EIN 74-3259379

Jun 01, 2017 to May 31, 2018 • Filed on Jan 07, 2019

PO Box 2Davidson, NC 28036

(704) 609-0697

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$209,931

Flat from 2018

Net Assets

Flat

$209,931

Flat from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

Flat

$171,977

Flat from 2018

Expenses

Flat

$99,629

Flat from 2018

Net Income

Flat

$72,348

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2013: $96,159Liabilities 2013: $02013Assets 2014: $104,840Net Assets 2014: $104,8402014Assets 2015: $135,303Net Assets 2015: $135,3032015Assets 2016: $193,131Liabilities 2016: $30Net Assets 2016: $193,1012016Assets 2017: $137,583Net Assets 2017: $137,5832017Assets 2018: $209,931Net Assets 2018: $209,9312018Assets 2018: $209,931Net Assets 2018: $209,9312018Assets 2019: $224,009Net Assets 2019: $224,0092019Assets 2020: $220,754Liabilities 2020: $30Net Assets 2020: $220,7242020Assets 2021: $184,603Liabilities 2021: $18Net Assets 2021: $184,5852021Assets 2022: $287,484Liabilities 2022: $0Net Assets 2022: $287,4842022Assets 2023: $228,640Liabilities 2023: $0Net Assets 2023: $228,6402023Assets 2024: $274,553Liabilities 2024: $0Net Assets 2024: $274,5532024

Highlighted filing

2018

Assets$209,931
Liabilities-
Net Assets$209,931

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2013: $39,288Expenses 2013: $11,081Net Income 2013: $28,2072013Revenue 2014: $63,117Expenses 2014: $54,436Net Income 2014: $8,6812014Revenue 2015: $137,641Expenses 2015: $107,178Net Income 2015: $30,4632015Revenue 2016: $145,064Expenses 2016: $87,266Net Income 2016: $57,7982016Revenue 2017: $86,213Expenses 2017: $141,731Net Income 2017: -$55,5182017Revenue 2018: $171,977Expenses 2018: $99,629Net Income 2018: $72,3482018Revenue 2018: $171,977Expenses 2018: $99,629Net Income 2018: $72,3482018Revenue 2019: $144,420Expenses 2019: $130,386Net Income 2019: $14,0342019Revenue 2020: $132,511Expenses 2020: $135,796Net Income 2020: -$3,2852020Revenue 2021: $121,987Expenses 2021: $111,992Net Income 2021: $9,9952021Revenue 2022: $234,225Expenses 2022: $187,226Net Income 2022: $46,9992022Revenue 2023: $228,656Expenses 2023: $238,684Net Income 2023: -$10,0282023Revenue 2024: $342,777Expenses 2024: $320,050Net Income 2024: $22,7272024

Highlighted filing

2018

Revenue$171,977
Expenses$99,629
Net Income$72,348
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Jan 7, 2019
Return Version
2017v2.2
Gross Receipts
$176,237
Mission and Program Overview

Mission

The organization seeks to radically empower young Latinas by supporting their transformation through extensive mentoring, holistic programming and scholarship funds for further education. Immersed in an experiential culture of learning, Latinas served by Circle de Luz exhibit resilience, confidence and authenticity as they complete high school and pursue further education.

Program Services

DescriptionGrantsExpenses
Our work begins when we select a cohort group of Latinas in seventh grade and we continue our support of them through their high school graduation. Following our Developmental Model, our annual programming for each class covers twelve important themes including Academic Inspiration and Support, College Readiness, Arts, Life skills, Personal Growth, Wellness, Team Building, Outdoor Experience, and Community Engagement. These events take place at least once a month per class with the addition of a monthly in-school program during the middle school years. We also provide thoughtful group and individual mentoring throughout the six years while guaranteeing each girl a minimum of a $5,000 scholarship when she graduates from high school and pursues further education.Our recognition ceremony where we officially welcome 8 girls from Eastway Middle School into the program. This is a ceremony where we celebrate the initiation of these 7th graders into Circle de Luz. They will be with us for the next 6 years receiving holistic programming, mentoring and a scholarship at the end of their high school graduation. We received a grant from the Carolina Panthers of $10K to cover expenses for programming in general for our middle schoolers. We spent in this reception alone approximately $1,500.Our 5K run at Race to Educate. We ask the families and the girls to join in this race. We pay for their registration and provide them with shirts. Nearly 70 people registered among girls, parents, and siblings. We received a grant from the Junior League of Charlotte to cover part of these expenses. The grant was for $3,875. The expenses for registration fees and breakfast given to the families afterward and shirts made for the girls were $2,500.There were not a high school graduating class in this fiscal year. Circle de Luz had girls from 7th grade to 11th grade.Scholarship UpdateThe next class graduating from high school will be in June 2019 where we will disburse scholarship funds. We did receive back from CPCC unused scholarship funds from one of our members. It will be distributed among enrolled students for the Class of 2016. We sent one of our members for the class of 2014 a total of $3,445.36 in scholarship funds to use at UNCC.$51,398$2,898
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rosie MolinaryChairPT$4,512-$4,512
Mary Kathryn ElkinsDirectorPT$2,956-$2,956
Ashley ClarkDirector-$0--
Vanessa GarciaDirector-$0--
Jocelyn Negron-RiosVice-Chair-$0--
Laura MurdockDirector-$0--
Leslie JohnsonDirector-$0--
Lucia Zapata-GriffithDirector-$0--
Alexis Acosta-BoyceDirector-$0--
Filing and Contact Details

Filer

Filer Name
Circle de Luz Inc
EIN
74-3259379
Phone
7046090697
Address
PO Box 2, Davidson, NC 28036

Signing Officer

Name
Rosie Molinary
Title
Chair
Signed
2019-01-07
Discuss with paid preparer
Yes

Preparer

Firm
C DeWitt Foard & Co PA CPAs
Address
817 E Morehead Street Ste 100, Charlotte, NC 28202-2767
Preparer
Terry W Lancaster
Phone
7043721515
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $5202

Other Expenses.1012

Insurance $2771

Other Expenses.1

Program Expenses $26826

Other Expenses.2

Event costs $7466

Other Expenses.3

Board development $7420

Other Expenses.4

Books, Subscriptions, Referenc $4060

Other Expenses.5

Supplies $2746

Other Expenses.6

Meetings $2189

Other Expenses.7

Miscellaneous $1019

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