Quick charity verification for Centro Hispano De East Tennessee (EIN: 203415545)
Verdict: Centro Hispano De East Tennessee appears trustworthy
95/100Mission Score
$1.9MRevenue
$1.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Exceptional revenue growth (from $105,291 in 2014 to $1,665,448 in 2023)
Highly efficient spending with expenses closely matching revenue (e.g., 97% of revenue spent in 2023)
Consistent 0% officer compensation reported across all filings, indicating strong transparency and mission focus
Healthy and growing asset base ($1,633,625 in 2023)
Low liabilities relative to assets, suggesting sound financial management
Spending Breakdown
How Centro Hispano De East Tennessee allocates its funds across programs, administration, and fundraising.
97%
Program Spending
Healthy — majority goes to mission
2%
Admin Costs
Reasonable — admin costs in check
1%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Centro Hispano De East Tennessee
Is Centro Hispano De East Tennessee a legitimate charity?
Based on AI analysis of IRS 990 filings, Centro Hispano De East Tennessee (EIN: 203415545) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Centro Hispano De East Tennessee a good charity to donate to?
Centro Hispano De East Tennessee has a Mission Score of 95/100. Revenue: $1.9M. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Centro Hispano De East Tennessee?
The Employer Identification Number (EIN) for Centro Hispano De East Tennessee is 203415545. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Centro Hispano De East Tennessee spend its money?
Centro Hispano De East Tennessee allocates 97% to programs, 2% to administration, and 1% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Centro Hispano De East Tennessee's tax-exempt status?
You can verify Centro Hispano De East Tennessee's tax-exempt status using EIN 203415545 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Centro Hispano De East Tennessee demonstrates strong financial health and growth over the past decade. Their revenue has consistently increased, from $105,291 in 2014 to $1,665,448 in 2023, indicating robust fundraising and community support. The organization has also maintained a healthy asset base, growing from $101,157 to $1,633,625 over the same period, providing a solid foundation for future operations. Their liabilities have remained relatively low compared to assets, suggesting prudent financial management.
The organization appears to be highly efficient in its spending, with expenses closely tracking revenue, particularly in recent years. For instance, in 2023, expenses were $1,622,190 against revenues of $1,665,448, indicating that the vast majority of funds are being deployed for their mission. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing resources towards programs rather than high executive salaries. This practice enhances public trust and demonstrates a strong focus on mission delivery.
Overall, Centro Hispano De East Tennessee exhibits excellent financial stewardship, strong growth, and a clear dedication to its programmatic goals, supported by transparent financial practices. The consistent growth in revenue and assets, coupled with efficient spending and no reported officer compensation, paints a picture of a well-managed and impactful nonprofit.