Hispanic Family Foundation Inc
- Assets
- $49.1k
- Revenue
- $361.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Nashville, TN
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-4181468
Organization Overview
Hispanic Family Foundation Inc is located in Nashville, TN. The organization was established in 2014. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Hispanic Family Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hispanic Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Hispanic Family Foundation Inc generated $361.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.7% each year . All expenses for the organization totaled $337.4k during the year ending 12/2022. While expenses have increased by 21.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASSIMILATION OF HISPANIC PERSONS INTO THE SURROUNDING COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAILA PROGRAM - AFTER SCHOOL DANCE, MUSIC, AND ART PROGRAM FOR UNDER PRIVILEGED KIDS. DANCE CLASSES INCLUDE: BALLET, FOLKLORE, AND KUNGFU. MUSIC INSTRUMENTS INCLUDE THE GUITAR, UKELELE, AND PIANO.
EDUCATION PROGRAM - PROVIDED ESL CLASSES FOR ADULTS WHOSE SECOND LANGUAGE IS ENGLISH. THIS PROGRAM ALSO PROVIDES ADULT COMPUTER CLASSES, ROBOT CLASSES FOR KIDS, RADIO COMMUNITY OUTREACH, A BANK EDUCATION PROGRAM, AND A HIGH SCHOOL EQUIVALENT DIPLOMA (HISET).
HEALTH PROGRAM - PROVIDES GOVERNMENT INSURANCE EDUCATION AND ENROLLMENT, WIC PROGRAM EDUCATION AND ENROLLMENT, MENTAL HEALTH PROGRAM, SEXUAL ASSAULT EDUCATION AND THERAPY, AND A COVID PANDEMIC RESPONSE ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Gentry Director | Trustee | 1 | $0 |
Thomas Mcsweeny Director | Trustee | 1 | $0 |
Michael Spalding Director | Trustee | 1 | $0 |
George Uribe Director | Trustee | 1 | $0 |
Diane Janbaksh Executive Director | Officer | 40 | $0 |
Mark Janbakhsh President | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $281,225 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $285,325 |
| Total Program Service Revenue | $43,517 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,286 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $26,530 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $361,224 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $60,838 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,917 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,674 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,178 |
| Information technology | $2,241 |
| Royalties | $0 |
| Occupancy | $21,636 |
| Travel | $104 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $156 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $652 |
| All other expenses | $16,471 |
| Total functional expenses | $337,389 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,554 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,123 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,456 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $13,790 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,150 |
| Total assets | $49,073 |
| Accounts payable and accrued expenses | -$255 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $29,800 |
| Other liabilities | $260,652 |
| Total liabilities | $290,197 |
| Net assets without donor restrictions | -$241,124 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $49,073 |