Skip to content
Nonprofiteer
← AVANZANDO JUNTOS CORPORATION

Form 990 for tax year 2022

Filed by AVANZANDO JUNTOS CORPORATION.

Totals

Total revenue
$1,285,220
Total expenses
$196,181
Contributions and grants received
$1,272,033
Grants paid
$0
Program service revenue
$10,000
Investment income
$3,187
Other revenue
$0
Total assets, end of year
$1,191,675
Total liabilities, end of year
$102,636
Net assets or fund balances, end of year
$1,089,039
Program services expenses (Part IX)
$125,773
Management and general expenses
$48,780
Fundraising expenses
$21,628
Program service expenses (Part III)
$125,773

Program services were 64.1% 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.

  • 1e · Government grants (contributions)

    $1,147,033

  • 1f · All other contributions, gifts and grants

    $125,000

  • 1g · Noncash contributions included above

    $7,375

  • 2a · Program service revenue: CONSULTING PROGRAM

    total $10,000 · related or exempt $10,000

  • 3 · Investment income

    total $3,187 · excluded $3,187

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $68,135 · program services $40,022 · management and general $10,980 · fundraising $17,133

  • 9 · Other employee benefits

    total $12,024 · program services $7,719 · management and general $1,539 · fundraising $2,766

  • 10 · Payroll taxes

    total $5,597 · program services $3,417 · management and general $727 · fundraising $1,453

  • 11b · Fees: legal

    total $7,396 · program services $3,901 · management and general $3,495

  • 11c · Fees: accounting

    total $4,482 · management and general $4,482

  • 11g · Fees: other

    total $53,317 · program services $48,046 · management and general $5,271

  • 12 · Advertising and promotion

    total $16,599 · management and general $16,599

  • 13 · Office expenses

    total $6,900 · program services $4,321 · management and general $2,303 · fundraising $276

  • 17 · Travel

    total $3,384 · management and general $3,384

  • 24a · Other expenses: MICRO LOAN CONTRACTORS

    total $15,200 · program services $15,200

  • 24b · Other expenses: MEALS

    total $1,291 · program services $1,291

  • 24c · Other expenses: CLIENT COURSES EDUCATIO

    total $758 · program services $758

  • 24d · Other expenses: COMPUTER HARDWARE & SOF

    total $456 · program services $456

  • 24e · All other expenses

    total $642 · program services $642

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $802,578

  • 4 · Accounts receivable

    end of year $336,464

  • 9 · Prepaid expenses and deferred charges

    end of year $230

  • 15 · Other assets

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

  • 17 · Accounts payable and accrued expenses

    end of year $3,569

  • 18 · Grants payable

    end of year $99,067

  • 27 · Net assets without donor restrictions

    end of year $1,089,039

Mission and programs · 2022

Mission

TO ADVANCE THE SUCCESS AND ENSURE INCLUSION OF TULSA'S LATINO COMMUNITY THROUGH BUILDING PROSPERITY, COMMUNITY OWNERSHIP AND CIVIC POWER.

  • MI GENTE LOAN FUND: PROMOTES COMMUNITY DEVELOPMENT BY ADDRESSING FINANCIAL DISPARITIES AND BUILDING WEALTH WITHIN THE TULSA LATINX COMMUNITY TO ELIMINATE BARRIERS IN ACCESSING CREDIT, AND TO PROMOTE FINANCIAL TOOLS AND RESOURCES THAT EMPOWER LATINX SMALL BUSINESS TO ACHIEVE ECONOMIC SELF-SUFFICIENCY AND LONG-TERM FINANCIAL STABILITY.

    Expenses $108,097 · Grants $775,000

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

    Expenses $8,549 · Revenue $10,000

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

    Expenses $9,127

As filed on the 2022 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

  • ONELIA MACCHIA ANZOLA

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    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 $1,148,272 · assets $1,059,336

    Directly controlled by AVANZANDO JUNTOS CORPORATION

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202421349349305927

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.