Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship.
Significant and sustained revenue growth from $7.2M in 2014 to $67.9M in 2023, demonstrating expanding impact and fundraising success.
Healthy asset growth from $9.3M in 2014 to $60.3M in 2023, providing financial stability and capacity.
Positive net assets (Assets > Liabilities) in all reported periods, indicating sound financial management.
Strong program spending ratio, directing a high percentage of expenses to its mission.
Spending Breakdown
How Hispanic Federation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Hispanic Federation Inc
Is Hispanic Federation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hispanic Federation Inc (EIN: 133573852) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Hispanic Federation Inc a good charity to donate to?
Hispanic Federation Inc has a Mission Score of 95/100. Revenue: $66.0M. Assets: $60.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hispanic Federation Inc?
The Employer Identification Number (EIN) for Hispanic Federation Inc is 133573852. 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 Hispanic Federation Inc spend its money?
Hispanic Federation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hispanic Federation Inc's tax-exempt status?
You can verify Hispanic Federation Inc's tax-exempt status using EIN 133573852 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
Hispanic Federation Inc demonstrates strong financial health and efficient spending, particularly in its most recent filing period (202312). With revenues of $67,915,333 and expenses of $61,640,559, the organization maintained a healthy surplus. Over the past several years, the organization has shown significant growth in both revenue and assets, indicating expanding capacity and impact. For instance, assets grew from $9,314,925 in 2014 to $60,334,731 in 2023, reflecting substantial financial growth and stability. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial stewardship and transparency.