Nonprofit screen
Screen a listHispanic Business Initiative Fund Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$4.0Mrevenue
FY2024 · +5% in 3 yrs43staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−2.1%
Months of reserve4.4mo
Revenue growth (annualized)+5.8%
Middle half of peersMedianHispanic Business Initiative
Where the money goes FY2024 · $4.1M spent
Programs$3.2M78%Management and general$312k8%Fundraising$593k14%990 FY2024 · Part IX line 25
Worth checking1
A funder worth 13% of revenue stopped after FY2021
Citi Foundation gave $500k in FY2021, 13% of revenue that year.
Funders’ 990-PF grant listsIn its favor1
A history of government grants
Government grants on 8 of its 8 returns, 45% of revenue in FY2024.
990 Part VIII17funders
$687ka year, last 3 years
24%from its largest funder
Funder’17’18’19’20’21’22’23The Bank of America Charitable Foundation IncEvery year since FY2017$61k$61k$153k$119k$168k$152k$52kThe Rockefeller FoundationSince FY2022$250k$250kCiti FoundationOn and off$500kJpmorgan Chase FoundationStopped after FY2022$250$250$100k$100k–Florida Business Development CorpNew in FY2023$100kLocal Initiatives Support CorporationNew in FY2023$100kDonor-advised giftsDonors not disclosed$92$20k$134$123k6 other fundersUp to $50k a year each$50k$85k$15k$46k
FundedThrough a donor-advised fundStopped