Promosalud EIN 46-1170748 Form 990 (PDF) Claim this org

Promosalud FY2022 filing

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Works to reduce racial and ethnic health disparities. For fiscal year 2022 it reported $345K in revenue, $435K in expenses, and $595K in net assets.Pt I

Type
Public charity (501(c)(3)) · Health Care
Location
Austin, TX
Website
www.lhcf.org
Filings
5 on file (2020–2022)
Revenue
$345KFY2022
Expenses
$435K
Net assets
$595K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-1170748 Public charity (501(c)(3)) Austin, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Works to reduce racial and ethnic health disparities.
Leadership
Ana Pomar · President
Money in and out
$345K revenue, $435K expenses
Where the money goes · FY2022
Total revenue
$345K
Pt VIII · Ln 12
Total expenses
$435K
Pt IX · Ln 25
Net assets
$595K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$90K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.17

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Revenue
$345K
FY2022▼ -69%
Expenses
$435K
FY2022▼ -37%
Total assets
$611K
FY2022▼ -13%
Total liabilities
$17K
FY2022▲ +2%
Total revenue
$345K
Pt VIII · Ln 12
Total expenses
$435K
Pt IX · Ln 25
Net assets
$595K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$90K
Total assetsPt X · Ln 16$611K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPromosalud
EINHdr · item D46-1170748
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jwww.lhcf.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E99)
Ruling yearIRS BMFAug 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Promosalud executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $361K of program spending, described in the organization's own filed words · FY2022.
01

Health Promotion

The Latino HealthCare Forum continued providing health promotion services to under-served communities in the Eastern Crescent of the City of Austin. We served over 3,500 individuals access health insurance and vaccines, connected older adults to intergenerational activities and provided social services information in Spanish and English…

$285Kprogram expense
02

Other Program Services

Assisted other organizations in the community whose services aligned with our mission. We acted as fiscal sponsor to the Austin Latino Coalition and Hays Latino United.

$76Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$179K · 52%
Program service revenue$150K · 44%
Other revenue$16K · 5%
Contributions & grants52%$179K
Program service revenue44%$150K
Other revenue5%$16K
— government grantsLn 1e$75K
Total revenueLn 12$345K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.17
Program services83%$361K
Management & general17%$74K
Total functional expensesLn 25$435K

Balance Sheet

Part X · end of year
CashLn 1$600K
Total assetsLn 16$611K
Total liabilitiesLn 26$17K
Total net assetsLn 32$595K
Months of cash on handcomputed16.5

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$60K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$330K revenue · ⤓ 990 PDF
FY2023$194K revenue · ⤓ 990 PDF
FY2022$345K revenue · viewing · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$853K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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