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Nonprofit · EIN 58-2668348

HISPANIC BUSINESS STUDENT ASSOCIATION

Tax-exempt (reinstated) · HOUSTON, TX 77044

Financials

$87K$122K2023$81K$107K2024
Revenue Expenses · by fiscal year end
Financials of HISPANIC BUSINESS STUDENT ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$80,647$107,062-$26,415$39,292$0$39,292
December 31, 2023990-EZ$87,184$122,069-$34,885$65,707$0$65,707
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,500
Membership dues
$7,622
Program service revenue
$60,931
Investment income
$77
Other revenue
$5,517

Expenses

Grants and similar amounts paid
$1,750
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$5,625
Other expenses
$99,687

Balance sheet and other

Total assets, start of year
$65,707
Total assets, end of year
$39,292
Total liabilities, end of year
$0
Net assets, end of year
$39,292
Cash, savings and investments
$39,292
Gross receipts
$80,647

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CHRISTIAN AVALOS MINORPRESIDENT5$0
SERGIO RODRIGUEZVICE PRESIDENT5$0
SOFIA ESCOBARCFO5$0
GABRIEL GARCIAPUBLIC RELATIONS OFFICER5$0
LLERNAN TORRES ROMANCOMMUNITY RELATIONS DIRECT5$0
BRENDA SOSA RAMOSCORPORATE RELATIONS DIRECT5$0
KIMBERLY AMAROCORPORATE DELVEOPMENT DIRE5$0
ALBERTO CASTILLOFUNDRAISING DIRECTOR5$0
PAOLA GALLARDOMEMBERSHIP DIRECTOR5$0
JADEN WOOTTONMANAGING DIRECTOR15$0
JARED ESCAMILLANATIONAL REPRESENTATIVE15$0
CRISTIAN GONZALEZADMINISTRATIVE DIRECTOR15$0
990-EZ for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
CHRISTIAN AVALOS MINORPRESIDENT5$0
SERGIO RODRIGUEZVICE PRESIDENT5$0
SOFIA ESCOBARCFO5$0
GABRIEL GARCIAPUBLIC RELATIONS OFFICER5$0
LLERNAN TORRES ROMANCOMMUNITY RELATIONS DIRECT5$0
BRENDA SOSA RAMOSCORPORATE RELATIONS DIRECT5$0
KIMBERLY AMAROCORPORATE DELVEOPMENT DIRE5$0
ALBERTO CASTILLOFUNDRAISING DIRECTOR5$0
PAOLA GALLARDOMEMBERSHIP DIRECTOR5$0
JADEN WOOTTONMANAGING DIRECTOR15$0
JARED ESCAMILLANATIONAL REPRESENTATIVE15$0
CRISTIAN GONZALEZADMINISTRATIVE DIRECTOR15$0

Address and contacts

Address (IRS master file)
4100 UNIVERSITY DR 146, HOUSTON, TX 77044-0000
Signed the 990-EZ
SOFIA ESCOBAR, CFO
Phone
(832) 417-5243
Return prepared by
S MAGO CPA PC

Mission

WELFARE AND SUPPORT OF HISPANIC STUDENTS AT UNIVERSITY OF HOUSTON.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • HBSA HAD PREPARED A MULTITUDE OF EVENTS, MOST BEING VIRTUAL, FOR MEMBERS TO CONTINUE TO ADVANCE IN THEIR INVOLVEMENT AND ALSO IMPROVE THEMSELVES PERSONALLY, AND PROFESSIONALLY. OUR 5 PILLARS: FAMILIA, LEADERSHIP, ACADEMICS, PROFESSIONALISM, AND SERVICE, CONTINUED TO BE EMPHASIZED AND CARRIED OUT. WITH THE CONTINUED IMPROVEMENT OF ADJUSTING TO A VIRTUAL ENVIRONMENT, HBSA WAS ABLE TO BE AWARDED THE BAUER COLLEGE OF BUSINESS BEST STUDENT ORGANIZATION OF THE YEAR FOR 2021. THIS IS A MAJOR ACHIEVEMENT DUE TO HOW MANY GOOD STUDENT ORGANIZATIONS THERE ARE AT BAUER, AND SHOWS HOW PREPARED AND ORGANIZED HBSA IS.
    grants $6,500

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
58-2668348
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$39,292
Income (IRS master file)
$80,647

Revocation and reinstatement

Exemption revoked
May 15, 2021
Posted by the IRS
August 9, 2021
Reinstated
Effective August 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$80,647$107,062$39,292IRS
990-EZDecember 2023$87,184$122,069$65,707XML
990-EZDecember 2022–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-2668348).

Questions about HISPANIC BUSINESS STUDENT ASSOCIATION

What is the EIN of HISPANIC BUSINESS STUDENT ASSOCIATION?
The employer identification number (EIN) of HISPANIC BUSINESS STUDENT ASSOCIATION is 58-2668348.
Is HISPANIC BUSINESS STUDENT ASSOCIATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2021 and reinstated it effective August 15, 2023.
Are donations to HISPANIC BUSINESS STUDENT ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HISPANIC BUSINESS STUDENT ASSOCIATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of HISPANIC BUSINESS STUDENT ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HISPANIC BUSINESS STUDENT ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of HISPANIC BUSINESS STUDENT ASSOCIATION?
The 990-EZ for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does HISPANIC BUSINESS STUDENT ASSOCIATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $80,647, expenses of $107,062 and total assets of $39,292 at year end.

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