Civic Intelligence

Florida State Hispanic

990 • Fiscal year 2024 • EIN 82-5467031

Jan 01, 2024 to Dec 31, 2024 • Filed on Jul 30, 2025

Organization ProfileWWW.FSHCC.COM
4095 State Rd 7 Ste L151Wellington, FL 33449

(561) 889-6655

Siviq Scores

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

Liabilities / Assets

96th percentile

0.89x

Higher debt load relative to assets than 96% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

32nd percentile

0.06x

Higher debt load relative to revenue than 32% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

32nd percentile

-0.2%

Higher net margin than 32% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

29th percentile

$0

Higher top officer pay than 29% of similar nonprofits.

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

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

22nd percentile

-3.7%

Faster asset growth than 22% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

208%

Faster revenue growth than 98% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$168,386

Down $6,430 (-3.7%) from 2023

Net Assets

Down

$18,890

Down $3,903 (-17%) from 2023

Liabilities

Down

$149,496

Down $2,527 (-1.7%) from 2023

Revenue And Expenses
Liabilities / Revenue32nd percentileNet Margin32nd percentile

Revenue

Up

$2,441,750

Up $1,649,542 (+208%) from 2023

Expenses

Up

$2,445,653

Up $1,820,945 (+291%) from 2023

Net Income

Down

-$3,903

Down $171,403 (-102%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$300K$200K$100K$0Assets 2018: $198,000Liabilities 2018: $54,000Net Assets 2018: $144,0002018Assets 2019: $185,000Liabilities 2019: $10,000Net Assets 2019: $175,0002019Assets 2020: $206,146Liabilities 2020: $150,484Net Assets 2020: $55,6622020Assets 2021: $109,292Liabilities 2021: $160,8372021Assets 2023: $174,816Liabilities 2023: $152,023Net Assets 2023: $22,7932023Assets 2024: $168,386Liabilities 2024: $149,496Net Assets 2024: $18,8902024

Highlighted filing

2024

Assets$168,386
Liabilities$149,496
Net Assets$18,890
Open 2024 Filing

Operations Trend

Revenue Growth98th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $190,000Expenses 2018: $46,000Net Income 2018: $144,0002018Revenue 2019: $185,000Expenses 2019: $70,000Net Income 2019: $115,0002019Revenue 2020: $579,907Expenses 2020: $689,102Net Income 2020: -$109,1952020Revenue 2021: $94,259Expenses 2021: $203,533Net Income 2021: -$109,2742021Revenue 2023: $792,208Expenses 2023: $624,708Net Income 2023: $167,5002023Revenue 2024: $2,441,750Expenses 2024: $2,445,653Net Income 2024: -$3,9032024

Highlighted filing

2024

Revenue$2,441,750
Expenses$2,445,653
Net Income-$3,903
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 30, 2025
Return Version
2024v5.2
Gross Receipts
$2,441,750
Mission and Program Overview

Mission

The Chamber is established to promote and advance the economic development and well-being of Hispanic-owned businesses and professionals throughout the state of Florida. The Chamber shall provide a platform for networking, advocacy, education, and collaboration among its members to enhance their business opportunities and contribute to the growth of the Hispanic business community.

The interests of hispanic-owned businesses. This can involve addressing regulatory challenges, seeking equitable access to government contracts, and working to eliminate barriers to growth. Access to captial: one of the key challenges for many small businesses is access to capital. The chamber may work to connect its members with funding sources, grants, loans and investment opportunities. Collaboration: the chamber may collaborate with other local chambers of commerce, business associations, and government entities to maximize its impact and address common challenges. Professional development: providing opportunities for professional growth and skill development is another important goal. This can include leadership development programs, seminars on business trends, and access to industry experts. Business advocacy: the chamber may advocate for favorable business conditions, policies, and regulations at local, regional, and national levels, ensuring that the interests of hispanic-owne

Balance Sheet Detail
LineBeginningEndChange
Assets
Receivables From Officers Etc$89,212$137,848▲ $48,636
Cash and Non-Interest-Bearing Accounts$85,604$23,538▼ $62,066
Rtn Earn Endowment Incm Other Fnds$22,793$18,890▼ $3,903
Pledges and Grants Receivable-$7,000-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$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$174,816$168,386▼ $6,430
Other Assets Total-$0-
Liabilities
Other Liabilities$152,023$149,496▼ $2,527
Total Liabilities$152,023$149,496▼ $2,527
Net Assets / Fund Balance
Total Net Assets Fund Balance$22,793$18,890▼ $3,903
Total Liabilities and Net Assets / Fund Balance$174,816$168,386▼ $6,430
Compensation and Service Providers
Top Officer Pay29th percentile

Board Members and Trustees

NameTitle
Julio FuentesPresident
Jonathan KillmanSecretary
Jorge CabreraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,441,750
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$666,750
Change in Net Assets
$-3,903
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,287,095
Salaries, Compensation, and Employee Benefits$158,558
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$290,057
Other Salaries and Wages---$147,115
Fees for Services Legal---$43,858
Travel---$17,346
Payroll Taxes---$11,443
All Other Expenses---$7,486
Interest---$7,051
Fees for Services Accounting---$4,850
Office Expenses---$4,021
Other Expenses---$3,500
Insurance---$1,138
Total Functional Expenses$0$0$0$2,445,653
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$89,212$137,848▲ $48,636
Receivables from Disqualified Persons-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
SBA EIDL Loan$149,359
Payroll Liabilities$135
Rounding$2
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, Part VI, Section B, Line 11B

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Florida State Hispanic
EIN
82-5467031
Phone
5618896655
Address
4095 State Rd 7 Ste L151, Wellington, FL 33449

Signing Officer

Name
Julio Fuentes
Title
President
Signed
2025-07-30
Discuss with paid preparer
Yes

Organization Details

Formed
2018
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
The Bookkeeping Experts
Address
4829 Saddle Ranch Rd, Lake Worth, FL 33467
Preparer
Trudy-Kay Ganpatt
Phone
5612290511
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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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerPersonGrp/PhoneNum05612290511
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Trudy-Kay Ganpatt
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-07-30T11:47:56-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$168,386
Liabilities
$149,496
Net assets
$18,890
Revenue
$2,441,750
Expenses
$2,445,653
Net income
-$3,903
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.17$0.15$0.02$2.44$2.45$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.15$0.02$0.79$0.62$0.17
2021Summary only. Only limited summary data is available for this year.$0.11$0.16$0.09$0.20$0.11
2020Summary only. Only limited summary data is available for this year.$0.21$0.15$0.06$0.58$0.69$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.01$0.18$0.19$0.07$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.05$0.14$0.19$0.05$0.14