Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2008.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
50 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
9 people listed on the 990.
Suzanne Salichs’s $76K as Executive Director is at the 67th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Offers English, citizenship, and enrichment classes to help residents participate fully in the community.
Questions for Centro Hispano De Frederick INC
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Exito
Represents two programs including the summer program and the after school program. Our exito (success) summer program teaches science, reading and life skills to children in our community from first grade through high school. Classes meet monday-friday in july and august.
Anos
Senior members of immigrant families face unique challenges in keeping active, maintaining a social life and getting settled in our community. Our golden years or anos dorados program has many types of enrichment and learning activities for senior citizens.
Mujeres
Entre mujeres (among women), a program developed by centro hispano de frederick with critical support from the frederick women's giving circle, uses education, training and advocacy to positively impact the lives of women disadvantaged by social, economic, language barriers and cultural differences.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $276K | $316K |
| Total assetsLn 16 | $613K | $500K |
| LiabilitiesLn 26 | $151K | $206K |
| Net assetsLn 32 | $462K | $294K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $88K | $30K | $58K | |
| Payroll taxesLn 10 | $7K | $2K | $5K | |
| Legal feesLn 11b | $3K | $3K | ||
| Accounting feesLn 11c | $9K | $9K | ||
| Other fees for servicesLn 11g | $28K | $13K | $15K | |
| Advertising and promotionLn 12 | $1K | $1K | ||
| Office expensesLn 13 | $10K | $10K | ||
| OccupancyLn 16 | $52K | $22K | $30K | |
| TravelLn 17 | $470 | $437 | $33 | |
| Conferences, conventions and meetingsLn 19 | $3K | $700 | $2K | |
| InsuranceLn 23 | $3K | $3K | ||
| Other expenses (24a–d)Ln 24 | $121K | $98K | $23K | $557 |
| All other expensesLn 24e | $11K | $1K | $8K | $2K |
| Total functional expensesLn 25 | $337K | $168K | $165K | $4K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $863K | $708K | $155K | $665K | 990 PDF |
| FY2023 Viewing | $168K | $337K | −$168K | $294K | 990 PDF |
| FY2022 | $535K | $206K | $329K | $462K | 990 PDF |
| FY2021 | $145K | $80K | 990 PDF | ||
| FY2020 | $171K | $78K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $168,422 revenue, 12 lines filed
Part VI · Governance 8 of 8 board members independent, 3 to look at
Part VIII · Statement of revenue $168,422 across 6 lines filed
Part IX · Statement of functional expenses $336,661 across 13 lines filed
Part X · Balance sheet $500,075 assets, 12 lines filed
Part XI · Reconciliation of net assets $293,778 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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