SOUTHERN NEIGHBORHOODS NETWORK INC

As filed

Subsection

03

Classification

1200

Street

1702 DANCING FOX RD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• IDEAS continues to work in Mexico with immigrants from 12 Latin American countries. We worked with only those who immigrate legally into Mexico that has become a destination country for about 200,000 per year. We continued our work of helping small entrepreneurs to gain economic inclusion in MX. We assisted them in achieving financial inclusion by linking them with micro-finance institutions, banks and credit unions. Many of our participants increased their sales and were able to generate income for their families needs. We assisted the financial institutions to change the ways their present their information to attract immigrants. Some lenders are non-profit and all are lending to provide greater socioeconomic impact(that IDEAS evaluates)

  Expenses $95,641 · Revenue $120,113

• IDEAS has preferred to assist women in their businesses so that they can better support their families. Immigrants to MX need to grow their income as quickly as possible. Many of the women microentrepreneurs choose to run food businesses. Other women we assist provide design and printing, health and ophthalmology services, laundries, bakeries, teaching and tutoring after school. Most women start with home-based businesses and move to stores as they grow. Two-thirds of the participants in our courses are women. Important parts of our entrepreneurial education are to learn the MX regulations and to operate more profitably. We work with many non-profit allies that provide therapy, health, and legal services. We document our participants activities and successes. regulations and to operate profitably. At first, some of the women need services from our allies such as therapy, health, and legal services. IDEAS is helping to overcome the bias that excludes women from full development. The women who are entrepreneurs in their original countries typically can grow their businesses quickly. We also assist those who were not businesswomen before. Some who were para-professionals are able to adapt more quickly.

  Expenses $131,161 · Revenue $133,839

• IDEAS assists young people to achieve their economic and financial goals and overcome exclusion that they often face. We developed manuals for entrepreneurial challenges that all our participants face. We find the younger participants often have different perspectives and needs. We have been asked by educational institutions to train and guide them in volunteer programs. We have been working in recent years with families who are receiving remittances that benefit youth and others. We are assisting them to learn how to manage their funds more wisely to make good investments with their income. This helps to be able to increase their families resources by savings and to provide funds to grow their businesses. Many allies have recruited more participants of youth in other parts of the country. In MX, we began developing work with a business incubator that trains youth to create their first businesses. Some of the youth already had begun assisting in challenges that all our participants face. There is substantial shortfall in the household needs of their families so there is a need to make sure that the businesses could bring home income as well as to sustain their businesses.

  Expenses $87,411 · Grants $38,875 · Revenue $89,227

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $343,179

  Expenses

  $336,310

  Contributions

  $343,179

  Grants paid

  $0

• 2023

  Revenue

  $179,925

  Expenses

  $201,530

  Contributions

  $3,868

  Grants paid

  — not reported

• 2022

  Revenue

  $155,709

  Expenses

  $155,312

  Contributions

  $68,709

  Grants paid

  — not reported

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $270,430

  Expenses

  $266,306

  Assets (EOY)

  $136,348

• 2020 · 990

  Revenue

  $202,309

  Expenses

  $196,061

  Assets (EOY)

  $167,224

• 2019 · 990

  Revenue

  $257,657

  Expenses

  $242,005

  Assets (EOY)

  $160,945

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• FUND FOR SOUTHERN COMMUNITIES INC

  $6,000

  2024 · ORGANIZATIONAL SUPPORT

Other IRS files