2022-09-21T10:16:46-07:00 2021-12-31 770203007 Price Paige & Company 570 N Magnolia Ave Ste 100 Clovis CA 93611 990 2021-01-01 753129705 Fresno Area Hispanic Foundation FRES 5592228705 1444 Fulton Street Fresno CA 93721 Dora Westerlund President & CEO 2022-09-21 true Dora Westerlund 999009999 Fausto Hinojosa CPA CFE P00196912 5592999540 2 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z Dora Westerlund 1444 Fulton Street Fresno CA 93721 3260825 false X www.fresnoahf.org X 2002 CA To promote education and self-sufficiency through economic development that strengthens our community. 12 12 15 0 3168525 3148887 0 5447 16998 -57986 -129009 3115986 3036876 2283380 68860 0 441379 765685 0 121286 367709 520039 3092468 1354584 23518 1682292 3648851 5658558 1128274 1455689 2520577 4202869 To promote education and self-sufficiency through economic development that strengthens our community. false false 935511 68860 The Fresno Area Hispanic Foundation held various activities to enhance and improve the community as a whole through networking, education, awareness and providing a source for the community to support activities and programs that promote, benefit and foster the Hispanic business community and the community as a whole in Fresno, CA and the surrounding areas. 935511 true true false false false false false false false false true false false false true true true false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false true 43 0 true 15 true false false false false false false false 0 false false false false false false false X 12 12 false false false false false true false true true false false true true true true true true true true false CA X Dora Westerlund 5592228705 1444 Fulton Street Fresno CA 93721 Dora Westerlund President & CEO 50.00 0.00 X 166050 0 0 Yerania Olivares COO 50.00 0.00 X 103781 0 0 Ricardo Flores Board Member 1.00 0.00 X 0 0 0 Fausto Hinojosa Treasurer 1.00 0.00 X X 0 0 0 William McComas Board Member 1.00 0.00 X 0 0 0 Sandra Vicente Chair 1.00 0.00 X X 0 0 0 Porfirio Rios Jr Board Member 1.00 0.00 X 0 0 0 Antonio Valtierra Board Member 1.00 0.00 X 0 0 0 Victor Olivares Secretary 1.00 0.00 X X 0 0 0 Gerardo Hernandez Vice Chair 1.00 0.00 X X 0 0 0 Juan Sanjuan Board Member 1.00 0.00 X 0 0 0 Angela Hiyama Board Member 1.00 0.00 X 0 0 0 Naomi Hernandez Board Member 1.00 0.00 X 0 0 0 Nolberto Felix Board Member 1.00 0.00 X 0 0 0 269831 2 false true false 0 20801 1033052 2095034 3148887 0 16998 16998 0 0 93440 223949 -130509 -130509 -130509 0 1500 1500 0 0 0 3036876 -113511 32700 32700 36160 36160 0 0 269831 128689 53966 87176 0 434109 365317 56151 12641 0 2673 1876 418 379 59072 41455 9241 8376 0 0 0 0 0 0 118059 81086 36757 216 56040 56040 27615 27615 0 0 13961 9350 4611 30570 29653 917 0 0 9642 8522 1120 0 12447 9418 3029 39919 18455 17735 3729 Board and Development Expense 70489 70489 Contract Labor 46673 46673 Scholarship and Sponsorships 25660 25660 Telephone 13989 13569 420 54975 30888 19929 4158 1354584 935511 297787 121286 438062 588121 46260 1410401 0 26560 86734 0 0 69130 557098 0 12000 3958040 963398 3061163 2994642 0 0 0 7676 9562 0 3648851 5658558 58612 88099 10000 879646 1281546 80000 75000 100016 11044 1128274 1455689 X 2149741 3519033 370836 683836 2520577 4202869 3648851 5658558 1682292 X false true X true false X 407000 581375 817431 3345968 3243827 8395601 0 0 0 0 407000 581375 817431 3345968 3243827 8395601 0 0 8395601 106 423 5447 16998 22974 0 106 423 5447 16998 22974 0 0 407000 581481 817854 3351415 3260825 8418575 0.99730 0.99890 0.00270 0.00110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 225000 225000 3633885 906284 2727601 37872 5892 31980 12384 11487 897 48899 39735 9164 2994642 Accrued Interest Payable 6069 Tenant Security Deposits 4975 11044 X 3260825 223949 223949 3036876 3036876 1578533 223949 223949 1354584 1354584 Part X : FIN48 Footnote The Organization is exempt from federal income and state franchise taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Corporations Code. The tax returns remain open to examination by taxing authorities for tax years 2020, 2019, and 2018. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Rental expenses netted with revenue $223949 Part XII, Line 2d: Other expenses and losses per audited F/S Rental Expenses $223949 true 0 0 Latinapreneur Grants to Individuals 15 36160 Grantmaker's Description of How Grants are Used The Organization performs extensive due diligence on organizations and individuals that are the recipients of grant funds. In certain instances, the organization acts as a passthrough for governmental entities and other non-profits to disburse grants to small businesses in the local community. Employees of the Organization closely follow the stiuplations in these agreements and each grant is reviewed and approved by management before disbursement. X false false false false false false false false false Dora Westerlund President & CEO 140000 15000 11050 166050 Form 990, Part VI, Line 11b: Form 990 Review Process The Board of Directors are provided a copy of the 990 for a detailed review prior to filing. Any questions or issues that are identified are provided to the Foundation's outside CPA firm for resolution and correction. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts All board members and staff sign a conflict of interest form and enforce it year round. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management During a board meeting, where quorum is met, all board members are presented with a budget where compensation is reflected and approved upon discussion for the CEO and COO. No board members receive compensation. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees During a board meeting, where quorum is met, all board members are presented with a budget where compensation is reflected and approved upon discussion for the key employees. No board members receive compensation. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Available upon request.