Zavala Hispanic Cultural Initiative
- Assets
- $115.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita Falls, TX
- Founding
- 07/2006
- Data as of
- 12/2023
- EIN
- 20-4246708
Organization Overview
Zavala Hispanic Cultural Initiative is located in Wichita Falls, TX. The organization was established in 2006. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zavala Hispanic Cultural Initiative 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 12/2023, Zavala Hispanic Cultural Initiative generated $76.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $83.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO EMPOWER THE HISPANIC COMMUNITY AND OTHERS THROUGH EDUCATIONAL, LEADERSHIP AND CULTURAL OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Palma President | 10 | $0 | |
Marcela Medallin Vice President | 3 | $0 | |
Crystal Hone Secretary | 3 | $0 | |
Mayra Mendoza Treasurer | 2 | $0 | |
Brandon Blakelee Governance | 1 | $0 | |
Laci Edwards Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,135 |
| Total Program Service Revenue | $8,055 |
| Membership dues | $0 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$16,441 |
| Other Revenue | $0 |
| Total Revenue | $76,782 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,038 |
| Professional fees and other payments to independent contractors | $16,001 |
| Occupancy, rent, utilities, and maintenance | $11,630 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,029 |
| Total expenses | $83,698 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,368 |
| Other assets | $0 |
| Total assets | $115,462 |
| Total liabilities | $0 |
| Net assets or fund balances | $115,462 |