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Nonprofiteer
← AVANZANDO JUNTOS CORPORATION

Form 990 for tax year 2023

Filed by AVANZANDO JUNTOS CORPORATION.

Totals

Total revenue
$945,939
Total expenses
$413,211
Contributions and grants received
$861,484
Grants paid
$0
Program service revenue
$57,607
Investment income
$26,848
Other revenue
$0
Total assets, end of year
$1,787,543
Total liabilities, end of year
$222,202
Net assets or fund balances, end of year
$1,565,341
Program services expenses (Part IX)
$241,592
Management and general expenses
$135,418
Fundraising expenses
$36,201
Program service expenses (Part III)
$241,592

Program services were 58.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $861,484

  • 1g · Noncash contributions included above

    $16,373

  • 2a · Program service revenue: CONSULTING PROGRAM

    total $52,807 · related or exempt $52,807

  • 2b · Program service revenue: LOAN ORIGINATION FEE

    total $4,800 · related or exempt $4,800

  • 3 · Investment income

    total $26,848 · excluded $26,848

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $112,167 · program services $63,558 · management and general $20,158 · fundraising $28,451

  • 9 · Other employee benefits

    total $21,664 · program services $13,523 · management and general $2,913 · fundraising $5,228

  • 10 · Payroll taxes

    total $8,421 · program services $5,034 · management and general $1,129 · fundraising $2,258

  • 11b · Fees: legal

    total $16,096 · program services $1,186 · management and general $14,910

  • 11c · Fees: accounting

    total $34,800 · program services $7,815 · management and general $26,985

  • 11g · Fees: other

    total $1,155 · management and general $1,155

  • 12 · Advertising and promotion

    total $15,074 · management and general $15,074

  • 13 · Office expenses

    total $6,974 · program services $1,043 · management and general $5,691 · fundraising $240

  • 17 · Travel

    total $14,348 · program services $118 · management and general $14,230

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $134,558 · program services $134,558

  • 24b · Other expenses: MICRO LOAN CONTRACTORS

    total $18,000 · program services $5,200 · management and general $12,800

  • 24c · Other expenses: CONTRACT LABOR

    total $16,200 · management and general $16,200

  • 24d · Other expenses: MEALS

    total $7,532 · program services $3,918 · management and general $3,590 · fundraising $24

  • 24e · All other expenses

    total $6,222 · program services $5,639 · management and general $583

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $802,579 · end of year $1,142,191

  • 4 · Accounts receivable

    beginning of year $336,464 · end of year $64,789

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $579,554

  • 9 · Prepaid expenses and deferred charges

    beginning of year $230 · end of year $1,009

  • 15 · Other assets

    beginning of year $52,403 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,569 · end of year $8,286

  • 18 · Grants payable

    beginning of year $99,068 · end of year $213,916

  • 29 · Capital stock, trust principal or current funds

    beginning of year $1,089,039 · end of year $1,565,341

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

OUR MISSION IS TO SUPPORT ENTREPRENEURS AND SMALL BUSINESSES IN THETULSA AREA IN BUILDING PROSPERITY, COMMUNITY OWNERSHIP, AND CIVICPOWER.

Activities or mission (Part I)

OUR MISSION IS TO SUPPORT ENTREPRENEURS AND SMALL BUSINESSES IN THETULSA AREA IN BUILDING PROSPERITY, COMMUNITY OWNERSHIP, AND CIVICPOWER

  • MI GENTE: ITS PRIMARY MISSION IS TO CREATE ACCESS TO MICROBUSINESS LOANS AND TECHNICAL ASSISTANCE FOR NEW OR EMERGING SMALL BUSINESSES IN LMI/IA COMMUNITIES IN THE TULSA AREA.

    Expenses $168,641 · Grants $590,000

  • TECHNICAL PROGRAM: PROVIDES EDUCATION THROUGH OUR MONTHLY WORKSHOPS TO HELP ENTREPRENEURS DEVELOP THEIR SKILLS IN DIFFERENT AREAS, REGISTRATION, BUSINESS FINANCIALS, LENDING, MARKETING AND MORE.

    Expenses $40,407 · Revenue $30,000

  • NETWORKING PROGRAM: CREATES OPPORTUNITIES FOR SMALL BUSINESSES TO CONNECT, SHARE EXPERIENCES, AND LEARN FROM OTHER BUSINESSES IN DIFFERENT EVENTS.

    Expenses $32,544

As filed on the 2023 return.

Listed in Part VII

  • Francisco Ibarra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Luisa Krug

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Katia Anaya

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Damien Ochoa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Maria Almeida

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Onelia Macchia Anzola

    EXECUTIVE DIRECTOR

    Total calculated
    $99,414
    From this org
    $0
    From related orgs
    $0
    Other
    $99,414
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • MI GENTE LOAN FUNDS LLC

    MICRO LOAN CONTRACTS · OK · income $31,648 · assets $1,553,001

    Directly controlled by AVANZANDO JUNTOS CORPORATION

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202521359349303497

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