Asociacion Para La Renovacion Catolica Inc
Catholic Renewal Association consistently reports 0% officer compensation but lacks detailed asset and liability reporting.
EIN: 203566107 · Silver Spring, MD · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $892K |
| Total Expenses | $688K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Transparency Score | 75/100 |
Is Asociacion Para La Renovacion Catolica Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Asociacion Para La Renovacion Catolica Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Asociacion Para La Renovacion Catolica Inc
Asociacion Para La Renovacion Catolica Inc (EIN: 203566107) is a nonprofit organization based in Silver Spring, MD, classified under NTEE code X20. The organization reported total revenue of $892K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asociacion Para La Renovacion Catolica Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asociacion Para La Renovacion Catolica Inc is a small nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $899K |
| Total Expenses | $688K |
| Surplus / Deficit | +$212K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 23.6% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2023, Asociacion Para La Renovacion Catolica Inc reported a surplus of $212K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Asociacion Para La Renovacion Catolica Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.4% | -8.8% | — |
| 2022 | +16.8% | +91.6% | — |
| 2021 | +37.9% | -23.6% | -100.0% |
| 2020 | -43.8% | -52.9% | — |
| 2019 | -8.9% | -7.2% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2009 |
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 Asociacion Para La Renovacion Catolica Inc with a Mission Score of 75 out of 100 (Good). 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, Asociacion Para La Renovacion Catolica 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 $212K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with annual revenues approaching $1 million and suggests a volunteer-led or externally funded leadership structure.
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 Asociacion Para La Renovacion Catolica Inc's IRS 990 filings:
- Consistent reporting of $0 assets and liabilities in recent filings (2017-2023), which is highly unusual for an organization with nearly $1 million in annual revenue.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Asociacion Para La Renovacion Catolica Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds towards the mission.
- Generally positive net income in recent years (e.g., $899,458 revenue vs. $687,587 expenses in 2023), suggesting sound financial management.
- Stable revenue stream, consistently generating between $800,000 and $1.1 million annually over the past decade.
Frequently Asked Questions about Asociacion Para La Renovacion Catolica Inc
Is Asociacion Para La Renovacion Catolica Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Asociacion Para La Renovacion Catolica Inc (EIN: 203566107) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Asociacion Para La Renovacion Catolica Inc spend its money?
Asociacion Para La Renovacion Catolica Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Asociacion Para La Renovacion Catolica Inc tax-deductible?
Asociacion Para La Renovacion Catolica Inc is registered as a tax-exempt nonprofit (EIN: 203566107). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Asociacion Para La Renovacion Catolica Inc CEO make?
Asociacion Para La Renovacion Catolica Inc's highest-compensated officer earns $1 annually. The organization reported $892K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Asociacion Para La Renovacion Catolica Inc's spending goes to programs?
Asociacion Para La Renovacion Catolica Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Asociacion Para La Renovacion Catolica Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Asociacion Para La Renovacion Catolica Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Asociacion Para La Renovacion Catolica Inc located?
Asociacion Para La Renovacion Catolica Inc is headquartered in Silver Spring, Maryland and files with the IRS under EIN 203566107. It is classified under NTEE code X20.
How many years of IRS 990 filings does Asociacion Para La Renovacion Catolica Inc have?
Asociacion Para La Renovacion Catolica Inc has 12 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 $892K in total revenue.
Why are assets and liabilities consistently reported as $0 in recent filings?
The repeated reporting of $0 for assets and liabilities in filings from 2017 to 2023 is unusual for an organization with significant revenue and warrants further investigation to understand the complete financial picture.
How does the organization manage without officer compensation?
The 0% officer compensation suggests that leadership roles may be entirely volunteer-based or compensated through other means not reported as officer compensation, which is a notable efficiency.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses beyond total expenses, making it difficult to precisely assess the allocation of funds to programs versus overhead.
Filing History
IRS 990 filing history for Asociacion Para La Renovacion Catolica Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Asociacion Para La Renovacion Catolica Inc's revenue has grown by 220.2%, moving from $281K to $899K. Total assets decreased by 100% over the same period, from $22K to $0. Total functional expenses rose by 138.4%, from $288K to $688K. In its most recent filing year (2023), Asociacion Para La Renovacion Catolica Inc reported a surplus of $212K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $899K | $688K | $0 | $0 | — | View 990 |
| 2022 | $941K | $754K | $0 | $0 | — | View 990 |
| 2021 | $805K | $393K | $0 | $0 | — | View 990 |
| 2020 | $584K | $515K | $70K | $11 | — | View 990 |
| 2019 | $1.0M | $1.1M | $0 | $0 | — | View 990 |
| 2018 | $1.1M | $1.2M | $0 | $0 | — | View 990 |
| 2017 | $1.1M | $1.2M | $0 | $0 | — | View 990 |
| 2015 | $542K | $421K | $0 | $0 | — | View 990 |
| 2014 | $675K | $651K | $32K | $688 | — | View 990 |
| 2013 | $860K | $920K | $8K | $750 | — | View 990 |
| 2012 | $576K | $530K | $67K | $275 | — | View 990 |
| 2011 | $281K | $288K | $22K | $991 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $899K, expenses of $688K, and assets of $0 (revenue -4.4% year-over-year).
- 2022: Revenue of $941K, expenses of $754K, and assets of $0 (revenue +16.8% year-over-year).
- 2021: Revenue of $805K, expenses of $393K, and assets of $0 (revenue +37.9% year-over-year).
- 2020: Revenue of $584K, expenses of $515K, and assets of $70K (revenue -43.8% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.1M, and assets of $0 (revenue -8.9% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $0 (revenue +1.8% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $0 (revenue +106.7% year-over-year).
- 2015: Revenue of $542K, expenses of $421K, and assets of $0 (revenue -19.7% year-over-year).
- 2014: Revenue of $675K, expenses of $651K, and assets of $32K (revenue -21.5% year-over-year).
- 2013: Revenue of $860K, expenses of $920K, and assets of $8K (revenue +49.3% year-over-year).
- 2012: Revenue of $576K, expenses of $530K, and assets of $67K (revenue +105.0% year-over-year).
- 2011: Revenue of $281K, expenses of $288K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asociacion Para La Renovacion Catolica Inc:
Data Sources and Methodology
This transparency report for Asociacion Para La Renovacion Catolica 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.