Camara De Comercio Hispana De Amarillo FY2020 filing

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To improve the quality of life in the community by promoting economic and educational opportunities with an emphasis on hispanic and minority-owned businesses.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
78¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $29K a year · 18% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
10 mo
of spending, in cash
Looks good: 9.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$112K
Spent
$124K
To programs
78%
Net assets
$100K
By yearFY2020–FY2024
Revenue
$112K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$112K
FY2021$139K
FY2022$174K
FY2023$188K
FY2024$188K
Expenses
$124K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$124K
FY2021$87K
FY2022$127K
FY2023$145K
FY2024$172K
Net assets
$100K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$100K
FY2021$152K
FY2022$200K
FY2023$243K
FY2024$259K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $97K Management & general 15% · $19K Fundraising 6% · $8K

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

15 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Treasur
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Chair-Elect
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jennifer Anguiano’s $25K as Term. Exec. is at the 13th percentile of top reported officer pay among 1709 $100K–1M community development 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.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Jennifer Anguiano$24,562$44,690$47,673$37,971
Ana Ramirez$24,122———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Camara De Comercio Hispana De Amarillo executive salaries →

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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

Boosts community life by promoting economic and educational chances, especially for Hispanic and minority businesses.

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Provided by the organization

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1 program · $39K · in their own filed words · FY2020
01

To help businesses connect to the hispanic community through active education, networking, and resources.

$39Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $22K · 2024–2024
Wtamu FoundationFY2024$7,500
ThriveFY2024$7,500
Ac FoundationFY2024$7,500

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$112K
Ln 12
Gifts and grantsLn 1h$119K
Money outPt IX
$124K
Ln 25
Programscol B$97K
Managementcol C$19K
Fundraisingcol D$8K
Owns and owesPt X
$100K
net assets · Ln 32
Cash and savingsLn 1–2$101K
Total assetsLn 16$103K
LiabilitiesLn 26$2K
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$119K
Fundraising eventsLn 1c$42K
Total revenueLn 12$112K
Assets in detailPt X, end of year
CashLn 1$101K
Cash and savings togetherLn 1–2$101K
Total assetsLn 16$103K
LiabilitiesLn 26$2K
Net assetsLn 32$100K
OperationsPt I, VI
EmployeesI 53
VolunteersI 622
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$114K$101K
Total assetsLn 16$114K$103K
LiabilitiesLn 26$2K$2K
Net assetsLn 32$112K$100K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of disqualified personsLn 6$49K$39K$5K$5K
Other salaries and wagesLn 7$24K$19K$2K$2K
Payroll taxesLn 10$5K$4K$456$456
Accounting feesLn 11c$6K$6K
Advertising and promotionLn 12$4K$3K$792
Office expensesLn 13$4K$3K$803
Information technologyLn 14$3K$2K$532
OccupancyLn 16$80$64$16
TravelLn 17$516$413$103
Conferences, conventions and meetingsLn 19$1K$878$220
InsuranceLn 23$2K$2K$377
Other expenses (24a–d)Ln 24$22K$20K$1K
All other expensesLn 24e$4K$3K$869
Total functional expensesLn 25$124K$97K$19K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $188K$172K$16K$259K 990 PDF
FY2023 $188K$145K$43K$243K 990 PDF
FY2022 $174K$127K$47K$200K 990 PDF
FY2021 $139K$87K$52K$152K 990 PDF
FY2020 Viewing $112K$124K−$12K$100K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $112,336 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $173,356$119,095
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year −$24,351−$6,759
I-12 Total revenuePrior year $149,005$112,336
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $80,663$77,681
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $66,070$46,314
I-18 Total expensesPrior year $146,733$123,995
I-19 Revenue less expensesPrior year $2,272−$11,659
Part VI · Governance 14 of 14 board members independent, 3 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $112,336 across 6 lines filed
VIII-1b Membership dues$77,142
VIII-1c Fundraising events$41,953
VIII-1h Total contributions, gifts and grants$119,095
VIII-8 Net income from fundraising eventsExcluded from tax −$15,776−$15,776
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $9,017$9,017
VIII-12 Total revenueRelated to mission $9,017 · Excluded from tax −$15,776$112,336
Part IX · Statement of functional expenses $123,995 across 13 lines filed
IX-6 Pay of disqualified personsPrograms $39,402 · Management $4,925 · Fundraising $4,925$49,252
IX-7 Other salaries and wagesPrograms $19,097 · Management $2,387 · Fundraising $2,387$23,871
IX-10 Payroll taxesPrograms $3,646 · Management $456 · Fundraising $456$4,558
IX-11c Accounting feesManagement $6,177$6,177
IX-12 Advertising and promotionPrograms $3,166 · Management $792$3,958
IX-13 Office expensesPrograms $3,212 · Management $803$4,015
IX-14 Information technologyPrograms $2,128 · Management $532$2,660
IX-16 OccupancyPrograms $64 · Management $16$80
IX-17 TravelPrograms $413 · Management $103$516
IX-19 Conferences, conventions and meetingsPrograms $878 · Management $220$1,098
IX-23 InsurancePrograms $1,508 · Management $377$1,885
IX-24 Other expenses (24a–d)Programs $20,266 · Management $1,316$21,582
IX-24e All other expensesPrograms $3,474 · Management $869$4,343
IX-25 Total functional expensesPrograms $97,254 · Management $18,973 · Fundraising $7,768$123,995
Part X · Balance sheet $102,509 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $113,843$100,509
X-9 Prepaid expenses and deferred charges$2,000
X-16 Total assetsStart of year $113,843$102,509
X-25 Other liabilitiesStart of year $1,898$2,223
X-26 Total liabilitiesStart of year $1,898$2,223
X-32 Total net assets or fund balancesStart of year $111,945$100,286
X-33 Total liabilities and net assetsStart of year $113,843$102,509
Part XI · Reconciliation of net assets $100,286 net assets at year end
XI-1 Total revenue$112,336
XI-2 Total expenses$123,995
XI-3 Revenue less expenses−$11,659
XI-4 Net assets at start of year$111,945
XI-10 Net assets at end of year$100,286

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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