Hispanic American Business Association of N Florida Inc
501(c)(6)
Only null% goes to programs Thin reserves Growing revenue
Hispanic American Business Association of N Florida Inc is a 501(c)(6) organization based in Jacksonville, Florida, registered in 2010, with $104,788 in FY2024 revenue. CharityIndex grades it D.
Po Box 57972, Jacksonville, FL, 32241 EIN 59-3125580 Since 2010
Revenue (FY2024)
$105K
▼ 24.3% vs prior year
Expenses (FY2024)
$165K
Net assets
-$41K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hispanic American Business Association of N Florida Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -57% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hispanic American Business Association of N Florida Inc: 0 mo reserves · -57% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hispanic American Business Association of N Florida Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hispanic American Business Association of N Florida Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 57972, Jacksonville, FL, 32241
- City
- Jacksonville
- State
- Florida
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $36K (FY2013) to $105K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $49KNet assets -$41K
Operating margin
-57.4%
Spent more than it raised in the latest fiscal year.
Total assets
$8,354
Total liabilities
$49K
Net assets
-$41K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $104,788▼24.3% | $164,910▼11.2% | -$40,555▼308% | $8,354▼84.6% | 990 |
| 2023 | $138,463▲10.9% | $185,665▲52.0% | $19,520▼67.6% | $54,236▼41.7% | 990 |
| 2022 | $124,875▲37.1% | $122,140▲44.6% | $60,302▲4.8% | $93,103▲4.2% | 990 |
| 2021 | $91,073▲65.4% | $84,440▲45.2% | $57,565▲13.0% | $89,337▲9.8% | 990 |
| 2020 | $55,060▼22.4% | $58,142▼32.1% | $50,932▼5.7% | $81,359▲45.3% | 990 |
| 2019 | $70,957▲63.7% | $85,664▲6.9% | $54,014▼21.4% | $56,002▼18.5% | 990 |
| 2018 | $43,355▲3.3% | $80,110▲32.0% | $68,721▼27.0% | $68,721▼39.0% | 990 |
| 2017 | $41,977▼33.1% | $60,668▲66.3% | $94,159▼16.6% | $112,676▼0.5% | 990 |
| 2016 | $62,714▲34.1% | $36,482▼1.1% | $112,850▲37.1% | $113,294▲34.6% | 990 |
| 2015 | $46,761▲4.1% | $36,891▲23.6% | $82,322▲19.1% | $84,191▲21.0% | 990 |
| 2014 | $44,931▲23.9% | $29,841▼44.0% | $69,105▲27.8% | $69,563▲22.4% | 990 |
| 2013 | $36,267 | $53,319▲54.3% | $54,083▼23.9% | $56,810▼23.4% | 990 |
| 2012 | — | $34,551▲65.3% | $71,068▲17.3% | $74,184▲22.5% | 990 |
| 2011 | — | $20,907▼27.9% | $60,581▲24.3% | $60,581▲24.3% | 990 |
| 2010 | — | $28,996 | $48,723 | $48,723 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Hispanic American Business Association of N Florida Inc a legitimate nonprofit?
- Yes. Hispanic American Business Association of N Florida Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 59-3125580, based in Jacksonville, Florida.
- What is Hispanic American Business Association of N Florida Inc's EIN?
- Hispanic American Business Association of N Florida Inc's Employer Identification Number (EIN) is 59-3125580.
- How much revenue does Hispanic American Business Association of N Florida Inc report?
- Hispanic American Business Association of N Florida Inc reported $104,788 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hispanic American Business Association of N Florida Inc have?
- CharityIndex grades Hispanic American Business Association of N Florida Inc D, based on financial health (reserves and operating margin).
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Data for Hispanic American Business Association of N Florida Inc (EIN 59-3125580) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.