Civic Intelligence

Fresno Area Hispanic Foundation

990 • Fiscal year 2018 • EIN 75-3129705

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

1444 Fulton StreetFresno, CA 93721

(559) 222-8705

Siviq Scores

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

Liabilities / Assets

77th percentile

0.41x

Higher debt load relative to assets than 77% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

1.98x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

29th percentile

-4.1%

Higher net margin than 29% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

79th percentile

$131,250

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 18.1% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

41st percentile

-1.0%

Faster asset growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

85th percentile

41%

Faster revenue growth than 85% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$3,512,593

Down $34,467 (-1.0%) from 2017

Net Assets

Down

$2,075,712

Down $31,090 (-1.5%) from 2017

Liabilities

Down

$1,436,881

Down $3,377 (-0.2%) from 2017

Revenue

Up

$726,848

Up $212,457 (+41%) from 2017

Expenses

Up

$756,397

Up $177,185 (+31%) from 2017

Net Income

Up

-$29,549

Up $35,272 (+54%) from 2017

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $1,277,492Liabilities 2010: $1,333,654Net Assets 2010: -$56,1622010Assets 2011: $3,529,045Liabilities 2011: $1,346,565Net Assets 2011: $2,182,4802011Assets 2012: $3,631,972Liabilities 2012: $1,302,311Net Assets 2012: $2,329,6612012Assets 2013: $3,553,654Liabilities 2013: $1,233,930Net Assets 2013: $2,319,7242013Assets 2014: $3,439,992Liabilities 2014: $1,185,087Net Assets 2014: $2,254,9052014Assets 2015: $3,731,015Liabilities 2015: $1,550,092Net Assets 2015: $2,180,9232015Assets 2016: $3,658,342Liabilities 2016: $1,471,010Net Assets 2016: $2,187,3322016Assets 2017: $3,547,060Liabilities 2017: $1,440,258Net Assets 2017: $2,106,8022017Assets 2018: $3,512,593Liabilities 2018: $1,436,881Net Assets 2018: $2,075,7122018Assets 2019: $3,458,478Liabilities 2019: $1,058,895Net Assets 2019: $2,399,5832019Assets 2020: $3,648,851Liabilities 2020: $1,128,274Net Assets 2020: $2,520,5772020Assets 2021: $5,658,558Liabilities 2021: $1,455,689Net Assets 2021: $4,202,8692021Assets 2022: $8,855,485Liabilities 2022: $3,448,151Net Assets 2022: $5,407,3342022Assets 2023: $11,487,477Liabilities 2023: $3,462,564Net Assets 2023: $8,024,9132023Assets 2024: $13,031,058Liabilities 2024: $4,027,713Net Assets 2024: $9,003,3452024

Highlighted filing

2018

Assets$3,512,593
Liabilities$1,436,881
Net Assets$2,075,712

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $567,9392010Revenue 2011: $1,789,410Expenses 2011: $351,239Net Income 2011: $1,438,1712011Revenue 2012: $334,464Expenses 2012: $405,104Net Income 2012: -$70,6402012Revenue 2013: $476,296Expenses 2013: $486,002Net Income 2013: -$9,7062013Revenue 2014: $375,474Expenses 2014: $439,013Net Income 2014: -$63,5392014Revenue 2015: $356,666Expenses 2015: $438,600Net Income 2015: -$81,9342015Revenue 2016: $498,665Expenses 2016: $486,519Net Income 2016: $12,1462016Revenue 2017: $514,391Expenses 2017: $579,212Net Income 2017: -$64,8212017Revenue 2018: $726,848Expenses 2018: $756,397Net Income 2018: -$29,5492018Revenue 2019: $934,399Expenses 2019: $610,528Net Income 2019: $323,8712019Revenue 2020: $3,115,986Expenses 2020: $3,092,468Net Income 2020: $23,5182020Revenue 2021: $3,036,876Expenses 2021: $1,354,584Net Income 2021: $1,682,2922021Revenue 2022: $3,201,174Expenses 2022: $1,996,709Net Income 2022: $1,204,4652022Revenue 2023: $6,675,419Expenses 2023: $4,057,840Net Income 2023: $2,617,5792023Revenue 2024: $5,929,357Expenses 2024: $4,950,925Net Income 2024: $978,4322024

Highlighted filing

2018

Revenue$726,848
Expenses$756,397
Net Income-$29,549
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$835,158
Mission and Program Overview

Mission

To promote education and self-sufficiency through economic development that strengthens our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,149,377$3,063,763▼ $85,614
Cash and Non-Interest-Bearing Accounts$375,484$419,521▲ $44,037
Accounts Receivable$15,449$23,009▲ $7,560
Intangible Assets$6,750$6,300▼ $450
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,547,060$3,512,593▼ $34,467
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$942,524$915,355▼ $27,169
Deferred Revenue$370,836$370,836→ $0
Other Liabilities$84,615$140,468▲ $55,853
Accounts Payable and Accrued Expenses$42,283$10,222▼ $32,061
Total Liabilities$1,440,258$1,436,881▼ $3,377
Net Assets / Fund Balance
Unrestricted Net Assets$2,106,802$2,075,712▼ $31,090
Total Net Assets Fund Balance$2,106,802$2,075,712▼ $31,090
Total Liabilities and Net Assets / Fund Balance$3,547,060$3,512,593▼ $34,467

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,812,475$697,136$3,509,611
Land$225,000-$225,000
Other Land Buildings$9,611$46,543$56,154
Equipment$16,677$20,022$36,699
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dora WesterlundCEO and PresidentFT$131,250$131,250

Board Members and Trustees

NameTitle
Sandra VicentePresident
Gerardo HernandezVice President
Angela HiyamaBoard Member
Antonio ValtierraBoard Member
Frank VillegasBoard Member
Juan SanjuanBoard Member
Naomi HernandezBoard Member
Nolberto FelixBoard Member
Ricardo FloresBoard Member
Sara SantoyoBoard Member
Victor OlivaresBoard Member
William McComasBoard Member
Porfirio Rios JrSecretary
Fausto HinojosaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$630,624
Program Service Revenue
$0
Investment Income
$106
Other Revenue
$96,118
All Other Contributions
$589,799
Change in Net Assets
$-29,549
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$431,095
Salaries, Compensation, and Employee Benefits$317,802
Total Fundraising Expense$95,341
Grants and Similar Amounts Paid$7,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$81,295$32,518$48,777$162,590
Current Officers, Directors, Trustees, and Key Employees$65,625$26,250$39,375$131,250
Depreciation Depletion$93,508$2,891-$96,399
All Other Expenses$61,857$13,954-$75,811
Interest$54,735$1,693-$56,428
Payroll Taxes$11,981$4,792$7,189$23,962
Other Expenses$15,504$479-$15,983
Insurance$11,951$370-$12,321
Travel$11,661$361-$12,022
Grants to Domestic Orgs$7,500--$7,500
Fees for Services Legal$4,082$126-$4,208
Fees for Services Accounting-$3,355-$3,355
Advertising$524$16-$540
Total Functional Expenses$483,468$177,588$95,341$756,397
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fresno State FoundationFresno, CA--$7,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$90,708
Fundraising Direct Expenses$39,853
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$72,169$72,169$369$71,800
Wine Tasting$10,039$10,039$442$9,597
Total Events$90,708$90,708$39,853$50,855
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Late Fees Payable$92,103
Fresno First Bank LOC$27,936
Payroll LIABILITIES$13,334
Interest Payable$4,395
Tenant Security Deposits$2,700
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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, Line 11B: Form 990 Review Process

The treasurer of the board is provided a copy of the 990 for a detailed review prior to filing. Any questions or issues that are identified are provided to the Foundation's bookkeeper for resolution and then forwarded to the outside CPA firm for correction.

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

All board members and staff sign a conflict of interest form and enforce it year round.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

During a board meeting, where quorum is met, all board members are presented with a budget where compensation is reflected and approved upon discussion for the CEO. No board members or officers receive compensation.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

During a board meeting, where quorum is met, all board members are presented with a budget where compensation is reflected and approved upon discussion for the key employees. No board members or officers receive compensation.

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

Available upon request.

Filing and Contact Details

Filer

Filer Name
Fresno Area Hispanic Foundation
EIN
75-3129705
Phone
5592228705
Address
1444 Fulton Street, Fresno, CA 93721

Signing Officer

Name
Dora Westerlund
Title
CEO
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
7

Preparer

Firm
Heberger & Company
Address
5090 North Fruit Ave Suite 102, Fresno, CA 93711
Preparer
John D Heberger CPA
Phone
5592279772
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

Bank Service Charges: Column (A) - Total = $11853; Column (B) - Program Services = $0; Column (C) - Management & General = $11853; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Building Maintenance: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Catering: Column (A) - Total = $11408; Column (B) - Program Services = $11066; Column (C) - Management & General = $342; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Contract Labor: Column (A) - Total = $480; Column (B) - Program Services = $466; Column (C) - Management & General = $14; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Dues and Subscriptions: Column (A) - Total = $902; Column (B) - Program Services = $180; Column (C) - Management & General = $722; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Equipment Rental: Column (A) - Total = $1454; Column (B) - Program Services = $1410; Column (C) - Management & General = $44; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Facility Rental: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Fees: Column (A) - Total = $75; Column (B) - Program Services = $75; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

IT Support: Column (A) - Total = $3183; Column (B) - Program Services = $3088; Column (C) - Management & General = $95; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Janitorial: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Loan Interest: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Meals: Column (A) - Total = $776; Column (B) - Program Services = $753; Column (C) - Management & General = $23; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Mileage Reimbursement: Column (A) - Total = $5615; Column (B) - Program Services = $5447; Column (C) - Management & General = $168; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Miscellaneous: Column (A) - Total = $5197; Column (B) - Program Services = $5041; Column (C) - Management & General = $156; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Office Supplies: Column (A) - Total = $1263; Column (B) - Program Services = $1250; Column (C) - Management & General = $13; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Payroll Fees: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $328; Column (B) - Program Services = $318; Column (C) - Management & General = $10; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Printing and Publications: Column (A) - Total = $1665; Column (B) - Program Services = $1615; Column (C) - Management & General = $50; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Reimburseable Expense: Column (A) - Total = $8058; Column (B) - Program Services = $7816; Column (C) - Management & General = $242; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Scholarship Expense: Column (A) - Total = $8700; Column (B) - Program Services = $8700; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Security: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Stipends: Column (A) - Total = $270; Column (B) - Program Services = $262; Column (C) - Management & General = $8; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Supplies: Column (A) - Total = $11148; Column (B) - Program Services = $11037; Column (C) - Management & General = $111; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Telephone: Column (A) - Total = $991; Column (B) - Program Services = $961; Column (C) - Management & General = $30; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Utilities: Column (A) - Total = $2445; Column (B) - Program Services = $2372; Column (C) - Management & General = $73; Column (D) - Fundraising = $0

Other Changes In Net Assets Or Fund Balances - Other Decreases

Adjusting B/S accounts to correct balances. = -$1541

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IRS990/Form990PartVIISectionAGrp/PersonNm2William McComas
IRS990/Form990PartVIISectionAGrp/PersonNm3Sandra Vicente
IRS990/Form990PartVIISectionAGrp/PersonNm4Porfirio Rios Jr
IRS990/Form990PartVIISectionAGrp/PersonNm5Frank Villegas
IRS990/Form990PartVIISectionAGrp/PersonNm6Antonio Valtierra
IRS990/Form990PartVIISectionAGrp/PersonNm7Victor Olivares
IRS990/Form990PartVIISectionAGrp/PersonNm8Gerardo Hernandez
IRS990/Form990PartVIISectionAGrp/PersonNm9Juan Sanjuan
IRS990/Form990PartVIISectionAGrp/PersonNm10Angela Hiyama
IRS990/Form990PartVIISectionAGrp/PersonNm11Naomi Hernandez
IRS990/Form990PartVIISectionAGrp/PersonNm12Sara Santoyo
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
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IRS990/OtherExpensesGrp/Desc2Sponsorship Expense
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0256920
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0267499
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0581375
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0256920

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.0$4.03$9.00$5.93$4.95$0.98
2023Detailed filing. Detailed filing data is available for this year.$11.5$3.46$8.02$6.68$4.06$2.62
2022Detailed filing. Detailed filing data is available for this year.$8.86$3.45$5.41$3.20$2.00$1.20
2021Detailed filing. Detailed filing data is available for this year.$5.66$1.46$4.20$3.04$1.35$1.68
2020Detailed filing. Detailed filing data is available for this year.$3.65$1.13$2.52$3.12$3.09$0.02
2019Detailed filing. Detailed filing data is available for this year.$3.46$1.06$2.40$0.93$0.61$0.32
2018Detailed filing. Detailed filing data is available for this year.$3.51$1.44$2.08$0.73$0.76$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.55$1.44$2.11$0.51$0.58$0.06
2016Detailed filing. Detailed filing data is available for this year.$3.66$1.47$2.19$0.50$0.49$0.01
2015Detailed filing. Detailed filing data is available for this year.$3.73$1.55$2.18$0.36$0.44$0.08
2014Detailed filing. Detailed filing data is available for this year.$3.44$1.19$2.25$0.38$0.44$0.06
2013Detailed filing. Detailed filing data is available for this year.$3.55$1.23$2.32$0.48$0.49$0.01
2012Summary only. Only limited summary data is available for this year.$3.63$1.30$2.33$0.33$0.41$0.07
2011Summary only. Only limited summary data is available for this year.$3.53$1.35$2.18$1.79$0.35$1.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$1.33$0.06$0.57