Ancla De Esperanza
EIN: 812198814 · Savage, MN · NTEE: X99
Is Ancla De Esperanza Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ancla De Esperanza
Ancla De Esperanza (EIN: 812198814) is a nonprofit organization based in Savage, MN, classified under NTEE code X99. The organization reported total revenue of $274K and total assets of $422K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ancla De Esperanza's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Ancla De Esperanza has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ancla De Esperanza with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Ancla De Esperanza
Is Ancla De Esperanza a legitimate charity?
Based on AI analysis of IRS 990 filings, Ancla De Esperanza (EIN: 812198814) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ancla De Esperanza spend its money?
Detailed spending breakdown data is not yet available for Ancla De Esperanza. Check back for updated IRS 990 analysis.
Are donations to Ancla De Esperanza tax-deductible?
Ancla De Esperanza is registered as a tax-exempt nonprofit (EIN: 812198814). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Ancla De Esperanza showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Ancla De Esperanza's revenue has grown by 252.7%, moving from $59K to $210K. Total assets increased by 613.4% over the same period, from $61K to $438K. Total functional expenses rose by 3901.9%, from $3K to $132K. In its most recent filing year (2023), Ancla De Esperanza reported a surplus of $78K, with revenue exceeding expenses. The organization holds $198K in liabilities against $438K in assets (debt-to-asset ratio: 45.1%), resulting in net assets of $240K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $210K | $132K | $438K | $198K | — | View 990 |
| 2022 | $141K | $127K | $460K | $298K | — | View 990 |
| 2021 | $149K | $114K | $149K | $0 | — | — |
| 2020 | $80K | $127K | $114K | $0 | — | — |
| 2019 | $107K | $53K | $161K | $0 | — | View 990 |
| 2018 | $72K | $26K | $108K | $0 | — | View 990 |
| 2017 | $59K | $3K | $61K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $210K, expenses of $132K, and assets of $438K (revenue +48.7% year-over-year).
- 2022: Revenue of $141K, expenses of $127K, and assets of $460K (revenue -5.6% year-over-year).
- 2021: Revenue of $149K, expenses of $114K, and assets of $149K (revenue +87.4% year-over-year).
- 2020: Revenue of $80K, expenses of $127K, and assets of $114K (revenue -25.4% year-over-year).
- 2019: Revenue of $107K, expenses of $53K, and assets of $161K (revenue +47.8% year-over-year).
- 2018: Revenue of $72K, expenses of $26K, and assets of $108K (revenue +21.5% year-over-year).
- 2017: Revenue of $59K, expenses of $3K, and assets of $61K.
Data Sources and Methodology
This transparency report for Ancla De Esperanza 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.