Hispanic Chamber of Commerce of Yakima County
Nonprofit profile at a glance
- EIN
- 911719108
- IRS 990-EZ coverage
- 2013–2022
- Forms available
- Form 990-EZ 2022
- Location
- Yakima, WA, USA
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $6,404
- Expenses
- $16,324
- Assets
- $7,074
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Florencio D Flores (President)
- Martha Ramirez (Vice-President)
People named in this filing
- Florencio D Flores (President)
- Martha Ramirez (Vice-President)
- Luz Bazan Gutierrez (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hispanic Business and Community Development.
What it reported doing in 2022
Hosts the Largest Regional Cinco De Mayo Cultural Event in downtown Yakima WA., that provides scholarships for low income Hispanic young ladies to continue college. Also conduct public forums to educate Yakima on business.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 17
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -154.9%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -2.7% per year; rating input score 0; 45th percentile among comparable filings
- Revenue growth: 17.6% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 10.1% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $16K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2013 to 2022
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 6/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.