Fortaleza is located in Raleigh, NC. As of 12/2022, Fortaleza employed 5 individuals. Fortaleza is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Fortaleza generated $10.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (68.0%) each year. All expenses for the organization totaled $133.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE BOARD OF DIRECTORS OF THE ORGANIZATION DECIDED IN APRIL OF 2022 TO DISSOLVE THE ORGANIZATION AND TO DISTRIBUTE THE NET ASSETS TO ANOTHER 501 (C) ( 4)ORGANIZATION WITH SIMILAR PURPOSES AND OBJECTIVES.HENCE, THE LIQUIDATING DISTRIBUTION TO LA FUERZA WAS THE PRINCIPAL ACTIVITY OF THE ORGANIZATION IN 2022.THE BOARD OF DIRECTORS DETERMINED IN APRIL OF 2022 THAT THE GOALS AND PURPOSES OF THE ORGANIZATION COULD BEST BE MET BY ANOTHER EXEMPT ORGANIZATION WITH SIMILAR PURPOSES AND OBJECTIVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Iliana Santillan Executive Direc | 5 | $0 | |
Stefanie Artega Director | 1 | $0 | |
Felicia Arriaga Director | 1 | $0 | |
Raul Jimenez Secretary | 1 | $0 | |
Tavon Bridges Director | 1 | $0 | |
Alissa Ellis Chairman | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $101 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $10,101 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $15,827 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,600 |
Total expenses | $133,424 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $105 |
Other assets | $0 |
Total assets | $105 |
Total liabilities | $227 |
Net assets or fund balances | -$122 |