Amistades Inc
Amistades Inc. shows strong financial growth and consistent surpluses with no reported officer compensation.
EIN: 205274049 · Tucson, AZ · NTEE: P80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $485K |
| Transparency Score | 90/100 |
Is Amistades Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amistades Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amistades Inc
Amistades Inc (EIN: 205274049) is a nonprofit organization based in Tucson, AZ, classified under NTEE code P80. The organization reported total revenue of $2.9M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amistades Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amistades Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$209K |
| Total Assets | $1.0M |
| Total Liabilities | $561K |
| Net Assets | $485K |
| Operating Margin | 8.9% |
| Debt-to-Asset Ratio | 53.6% |
| Months of Reserves | 5.9 months |
Financial Health Grade: A
In 2023, Amistades Inc reported a surplus of $209K with revenue exceeding expenses, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 53.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Amistades Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.1% | +23.2% | +196.0% |
| 2022 | +48.5% | +50.5% | +8.1% |
| 2021 | +29.9% | +14.2% | +25.6% |
| 2020 | +30.2% | +82.0% | +1.0% |
| 2019 | -2.9% | -27.7% | +51.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Amistades Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Amistades Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $209K, with revenue exceeding expenses.
- Debt-to-asset ratio: 53.6%.
Executive Compensation Analysis
Amistades Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with over $2 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Amistades Inc's IRS 990 filings:
- Lack of detailed spending breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Amistades Inc:
- Consistent revenue growth, increasing from $557,693 in 2014 to $2,350,330 in 2023.
- Healthy asset accumulation, growing from $235,538 in 2014 to $1,045,034 in 2023.
- Consistent operational surpluses in most years, indicating sound financial management (e.g., $209,067 surplus in 2023).
- Zero reported officer compensation across all filings, suggesting high efficiency and dedication to mission.
- Low liabilities relative to assets in recent years (e.g., $560,529 liabilities vs. $1,045,034 assets in 2023).
Frequently Asked Questions about Amistades Inc
Is Amistades Inc a legitimate charity?
Amistades Inc (EIN: 205274049) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.9M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Amistades Inc spend its money?
Amistades Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Amistades Inc tax-deductible?
Amistades Inc is registered as a tax-exempt nonprofit (EIN: 205274049). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Amistades Inc CEO make?
Amistades Inc's highest-compensated officer earns $2 annually. The organization reported $2.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Amistades Inc's spending goes to programs?
Amistades Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Amistades Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Amistades Inc is above average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Amistades Inc located?
Amistades Inc is headquartered in Tucson, Arizona and files with the IRS under EIN 205274049. It is classified under NTEE code P80.
How many years of IRS 990 filings does Amistades Inc have?
Amistades Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.9M in total revenue.
Is Amistades Inc. a good charity?
Based on the provided financial data, Amistades Inc. appears to be a financially healthy and well-managed charity. It has shown consistent revenue growth, maintained expenses below revenue in most years, and accumulated significant assets. The absence of reported officer compensation is a strong positive indicator of its commitment to its mission.
How has Amistades Inc.'s financial health changed over time?
Amistades Inc. has experienced substantial financial growth over the past decade. Revenue increased from $557,693 in 2014 to $2,350,330 in 2023, and assets grew from $235,538 to $1,045,034 in the same period, indicating a strong upward trend in financial health and capacity.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings, suggesting a policy of not paying salaries to its officers. This is a highly transparent and mission-focused approach to executive compensation.
Filing History
IRS 990 filing history for Amistades Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Amistades Inc's revenue has grown by 575.8%, moving from $348K to $2.4M. Total assets increased by 2546.4% over the same period, from $39K to $1.0M. Total functional expenses rose by 552.2%, from $328K to $2.1M. In its most recent filing year (2023), Amistades Inc reported a surplus of $209K, with revenue exceeding expenses. The organization holds $561K in liabilities against $1.0M in assets (debt-to-asset ratio: 53.6%), resulting in net assets of $485K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.1M | $1.0M | $561K | — | — |
| 2022 | $1.8M | $1.7M | $353K | $78K | — | View 990 |
| 2021 | $1.2M | $1.2M | $327K | $119K | — | View 990 |
| 2020 | $936K | $1.0M | $260K | $114K | — | View 990 |
| 2019 | $719K | $555K | $257K | $36K | — | View 990 |
| 2018 | $740K | $768K | $170K | $112K | — | View 990 |
| 2017 | $865K | $922K | $116K | $31K | — | View 990 |
| 2016 | $709K | $633K | $287K | $145K | — | View 990 |
| 2015 | $616K | $655K | $198K | $132K | — | View 990 |
| 2014 | $558K | $390K | $236K | $5K | — | View 990 |
| 2013 | $387K | $380K | $63K | $637 | — | View 990 |
| 2012 | $318K | $294K | $59K | $4K | — | View 990 |
| 2011 | $348K | $328K | $39K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.1M, and assets of $1.0M (revenue +30.1% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.7M, and assets of $353K (revenue +48.5% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $327K (revenue +29.9% year-over-year).
- 2020: Revenue of $936K, expenses of $1.0M, and assets of $260K (revenue +30.2% year-over-year).
- 2019: Revenue of $719K, expenses of $555K, and assets of $257K (revenue -2.9% year-over-year).
- 2018: Revenue of $740K, expenses of $768K, and assets of $170K (revenue -14.5% year-over-year).
- 2017: Revenue of $865K, expenses of $922K, and assets of $116K (revenue +22.0% year-over-year).
- 2016: Revenue of $709K, expenses of $633K, and assets of $287K (revenue +15.2% year-over-year).
- 2015: Revenue of $616K, expenses of $655K, and assets of $198K (revenue +10.4% year-over-year).
- 2014: Revenue of $558K, expenses of $390K, and assets of $236K (revenue +44.2% year-over-year).
- 2013: Revenue of $387K, expenses of $380K, and assets of $63K (revenue +21.6% year-over-year).
- 2012: Revenue of $318K, expenses of $294K, and assets of $59K (revenue -8.6% year-over-year).
- 2011: Revenue of $348K, expenses of $328K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amistades Inc:
Data Sources and Methodology
This transparency report for Amistades Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.