Civic Intelligence

Fiesta Educativa Inc.

990 • Fiscal year 2018 • EIN 95-4055182

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 21, 2019

PO Box 31285Los Angeles, CA 90031

(323) 221-6696

Siviq Scores

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

Liabilities / Assets

87th percentile

0.60x

Higher debt load relative to assets than 87% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

0.32x

Higher debt load relative to revenue than 81% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

42nd percentile

0.8%

Higher net margin than 42% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

67th percentile

$53,150

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

20th percentile

-8.1%

Faster asset growth than 20% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

71st percentile

18%

Faster revenue growth than 71% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$493,071

Down $43,541 (-8.1%) from 2017

Net Assets

Up

$198,816

Up $7,240 (+3.8%) from 2017

Liabilities

Down

$294,255

Down $50,781 (-15%) from 2017

Revenue

Up

$909,108

Up $141,405 (+18%) from 2017

Expenses

Up

$901,869

Up $225,284 (+33%) from 2017

Net Income

Down

$7,239

Down $83,879 (-92%) from 2017

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $299,911Liabilities 2010: $29,590Net Assets 2010: $270,3212010Assets 2011: $240,281Liabilities 2011: $32,762Net Assets 2011: $207,5192011Assets 2012: $188,859Liabilities 2012: $79,904Net Assets 2012: $108,9552012Assets 2013: $165,104Liabilities 2013: $74,428Net Assets 2013: $90,6762013Assets 2014: $176,747Liabilities 2014: $84,354Net Assets 2014: $92,3932014Assets 2015: $136,616Liabilities 2015: $86,765Net Assets 2015: $49,8512015Assets 2016: $282,725Liabilities 2016: $182,269Net Assets 2016: $100,4562016Assets 2017: $536,612Liabilities 2017: $345,036Net Assets 2017: $191,5762017Assets 2018: $493,071Liabilities 2018: $294,255Net Assets 2018: $198,8162018Assets 2019: $450,927Liabilities 2019: $185,283Net Assets 2019: $265,6442019Assets 2020: $612,650Liabilities 2020: $414,592Net Assets 2020: $198,0582020Assets 2021: $583,887Liabilities 2021: $358,307Net Assets 2021: $225,5802021Assets 2022: $518,715Liabilities 2022: $394,184Net Assets 2022: $124,5312022Assets 2023: $476,941Liabilities 2023: $418,300Net Assets 2023: $58,6412023Assets 2024: $551,954Liabilities 2024: $413,755Net Assets 2024: $138,1992024

Highlighted filing

2018

Assets$493,071
Liabilities$294,255
Net Assets$198,816

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $626,8342010Revenue 2011: $569,613Expenses 2011: $603,809Net Income 2011: -$34,1962011Revenue 2012: $673,353Expenses 2012: $680,489Net Income 2012: -$7,1362012Revenue 2013: $675,741Expenses 2013: $694,020Net Income 2013: -$18,2792013Revenue 2014: $735,859Expenses 2014: $734,142Net Income 2014: $1,7172014Revenue 2015: $589,916Expenses 2015: $632,458Net Income 2015: -$42,5422015Revenue 2016: $748,846Expenses 2016: $698,241Net Income 2016: $50,6052016Revenue 2017: $767,703Expenses 2017: $676,585Net Income 2017: $91,1182017Revenue 2018: $909,108Expenses 2018: $901,869Net Income 2018: $7,2392018Revenue 2019: $817,346Expenses 2019: $750,518Net Income 2019: $66,8282019Revenue 2020: $510,056Expenses 2020: $607,649Net Income 2020: -$97,5932020Revenue 2021: $694,701Expenses 2021: $637,179Net Income 2021: $57,5222021Revenue 2022: $533,141Expenses 2022: $634,190Net Income 2022: -$101,0492022Revenue 2023: $501,070Expenses 2023: $566,960Net Income 2023: -$65,8902023Revenue 2024: $615,193Expenses 2024: $535,635Net Income 2024: $79,5582024

Highlighted filing

2018

Revenue$909,108
Expenses$901,869
Net Income$7,239
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 21, 2019
Return Version
2018v3.1
Gross Receipts
$909,108
Mission and Program Overview

Mission

Fiesta educativa's mission is to improve the quality of life for latino adults and children with disabilities and their family members who face the challenge of guiding them through life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$454,765$316,264▼ $138,501
Accounts Receivable$65,226$92,773▲ $27,547
Loans From Officers Directors$10,000$10,000→ $0
Prepaid Expenses and Deferred Charges$6,283$6,020▼ $263
Land, Buildings, and Equipment, Net$257$5,023▲ $4,766
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$536,612$493,071▼ $43,541
Other Assets Total$10,081$72,991▲ $62,910
Liabilities
Other Liabilities$282,986$268,097▼ $14,889
Deferred Revenue$21,762--
Accounts Payable and Accrued Expenses$30,288$16,158▼ $14,130
Total Liabilities$345,036$294,255▼ $50,781
Net Assets / Fund Balance
Unrestricted Net Assets$191,576$198,816▲ $7,240
Total Net Assets Fund Balance$191,576$198,816▲ $7,240
Total Liabilities and Net Assets / Fund Balance$536,612$493,071▼ $43,541

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,023$23,403$28,426
Other Assets Org$990--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Irene MartinezExecutive DirectorFT$53,150$53,150

Board Members and Trustees

NameTitle
Louis HerreraPresident
Alicia CortezDirector
Carlos MartinezDirector
Herlinda RodriguezDirector
Maria FaustoDirector
Mildred ArellanaDirector
Mary RiosSecretary
Irma TenaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$179,041
Program Service Revenue
$727,984
Investment Income
$1,067
Other Revenue
$1,016
All Other Contributions
$88,756
Change in Net Assets
$7,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$655,203
Salaries, Compensation, and Employee Benefits$246,666
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$168,184--$168,184
All Other Expenses$110,878$-25,156-$85,722
Current Officers, Directors, Trustees, and Key Employees$42,520$14,141-$56,661
Fees for Services Accounting$6,600$32,100-$38,700
Travel$22,494$497-$22,991
Other Expenses$20,929$439-$21,368
Payroll Taxes$19,614--$19,614
Occupancy$2,900$8,905-$11,805
Insurance$1,178$5,789-$6,967
Information Technology$5,233$1,078-$6,311
Other Employee Benefits$7,394$-5,187-$2,207
Conferences and Meetings$1,303$101-$1,404
Depreciation Depletion-$793-$793
Interest-$39-$39
Total Functional Expenses$866,963$34,906$0$901,869
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
Loans from Officers, Directors, Trustees, and Key Employees$10,000$10,000→ $0
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held in Trust$266,957
Credit Cards$1,140
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
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
No

Governance Explanations

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

Organization's process is to distribute via email a draft of the tax return to board members for their comments.

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

Governing documents are located at fiesta educativa's main office and available for public inspections upon request

Filing and Contact Details

Filer

Filer Name
Fiesta Educativa Inc
EIN
95-4055182
Phone
3232216696
Address
PO BOX 31285, LOS ANGELES, CA 90031

Signing Officer

Name
Irene Martinez
Title
Executive Director
Signed
2019-10-21
Discuss with paid preparer
Yes

Organization Details

Formed
1987
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
14
Volunteers
100

Preparer

Firm
Joe Gallardo CPA Inc
Address
440 East Huntington Drive 3rd Floor, Arcadia, CA 91006
Preparer
Joe Gallardo
Phone
6262949500
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: the autism parent education apep: this is a 16 hour training program that provides education and training to parents and caregivers of autistic children. Other program services 5: ventanillas de salud (windows of health) and fellowship: this program promotes healthcare education to individuals of mexican origin and their families. Counselors assist participants to enroll in insurance programs for the purpose of receiving in-home counseling other program services 6: other programs: simons foundation powering autism research for knowledge spark. This is a research and community partnership project involving the university of california, los angeles ucla, fiesta educativa, organizations and individuals who agree to become participating members. Sparks's goal is to recruit, engage, and retain a community of at least 50,000 individuals with autism spectrum disorder (asd), and their family members. Its purpose is to ultimately identify the causes of asd. Autism intervention research network on behavior air-b, mind the gap: this service is another partnership with the ucla community to enhance services for children with autism spectrum disorder (asd). It helps support the experience and treatment of chldren with asd and their families with special emphasis on the understanding. Survive or thrive program: college students serve as role models for younger students with developmental disabilities. In turn, those students educate their parents on the importance of receiving parental support. Family mentor program (fmp) is a partnership with tarjan center at the university of california los angeles. This program will improve access and utilization of regional center services by using respected chines and latino family leaders to serve as cultural brokers. The goal is to reduce disparities in the purchase of regional center services and increase access and utilization of services by chinese and latino consumers.

Other Changes In Net Assets Or Fund Balances - Other Increases

ROUNDING = $1

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.52$4.14$1.38$6.15$5.36$0.80
2023Detailed filing. Detailed filing data is available for this year.$4.77$4.18$0.59$5.01$5.67$0.66
2022Detailed filing. Detailed filing data is available for this year.$5.19$3.94$1.25$5.33$6.34$1.01
2021Detailed filing. Detailed filing data is available for this year.$5.84$3.58$2.26$6.95$6.37$0.58
2020Detailed filing. Detailed filing data is available for this year.$6.13$4.15$1.98$5.10$6.08$0.98
2019Detailed filing. Detailed filing data is available for this year.$4.51$1.85$2.66$8.17$7.51$0.67
2018Detailed filing. Detailed filing data is available for this year.$4.93$2.94$1.99$9.09$9.02$0.07
2017Detailed filing. Detailed filing data is available for this year.$5.37$3.45$1.92$7.68$6.77$0.91
2016Detailed filing. Detailed filing data is available for this year.$2.83$1.82$1.00$7.49$6.98$0.51
2015Detailed filing. Detailed filing data is available for this year.$1.37$0.87$0.50$5.90$6.32$0.43
2014Detailed filing. Detailed filing data is available for this year.$1.77$0.84$0.92$7.36$7.34$0.02
2013Summary only. Only limited summary data is available for this year.$1.65$0.74$0.91$6.76$6.94$0.18
2012Summary only. Only limited summary data is available for this year.$1.89$0.80$1.09$6.73$6.80$0.07
2011Summary only. Only limited summary data is available for this year.$2.40$0.33$2.08$5.70$6.04$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.00$0.30$2.70$6.27
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $500k-$1M nonprofits