Quick charity verification for El Puente De Williamsburg Inc (EIN: 112614265)
Verdict: El Puente De Williamsburg Inc appears trustworthy
85/100Mission Score
$7.3MRevenue
$5.0MAssets
3Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and may obscure actual executive remuneration.
Expenses exceeded revenue in the latest filing period (202306), with $5,112,500 in expenses against $4,819,727 in revenue, indicating a deficit for that year.
Significant increase in liabilities from $629,376 in 2022 to $2,173,878 in 2023, which needs further context to assess sustainability.
Strengths
Consistent growth in assets, from $548,949 in 2014 to $3,999,586 in 2023, indicating strong financial management and resource accumulation.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Overall revenue growth from $2.6 million in 2014 to $4.8 million in 2023, showing an expanding operational scale and donor support.
Maintained positive net assets throughout the filing history, indicating financial stability.
Spending Breakdown
How El Puente De Williamsburg Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 El Puente De Williamsburg Inc
Is El Puente De Williamsburg Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, El Puente De Williamsburg Inc (EIN: 112614265) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is El Puente De Williamsburg Inc a good charity to donate to?
El Puente De Williamsburg Inc has a Mission Score of 85/100. Revenue: $7.3M. Assets: $5.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for El Puente De Williamsburg Inc?
The Employer Identification Number (EIN) for El Puente De Williamsburg Inc is 112614265. 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 El Puente De Williamsburg Inc spend its money?
El Puente De Williamsburg Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify El Puente De Williamsburg Inc's tax-exempt status?
You can verify El Puente De Williamsburg Inc's tax-exempt status using EIN 112614265 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
El Puente De Williamsburg Inc. demonstrates a generally stable financial trajectory, with revenues fluctuating but showing overall growth from $2.6 million in 2014 to $4.8 million in 2023. The organization has consistently maintained positive net assets, growing from $548,949 in 2014 to $3,999,586 in 2023, indicating a healthy accumulation of resources over time. While expenses have sometimes exceeded revenue, such as in 2023 where expenses were $5,112,500 against revenues of $4,819,727, these deficits appear to be managed within the context of their growing asset base.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A notable aspect is the reported 0% officer compensation across all available filings, which suggests either a volunteer-led executive structure or that executive compensation is categorized differently within their financial reporting, warranting further investigation for complete transparency. The growth in assets and liabilities, particularly the increase in liabilities to $2,173,878 in 2023, should be monitored to ensure sustainable financial management.
Overall, El Puente appears to be a growing organization with a solid financial foundation, evidenced by increasing assets and consistent revenue generation. The absence of reported officer compensation is a significant data point for transparency, potentially indicating a highly efficient use of funds or a need for more detailed disclosure regarding leadership remuneration.