Centro Communitario Hispano Americano

Centro Communitario Hispano Americano shows recent financial growth and consistent zero officer compensation.

EIN: 202001969 · Brevard, NC · NTEE: S21 · Updated: 2026-03-28

$467KRevenue

$322KAssets

85/100Mission Score (Excellent)

S21

About Centro Communitario Hispano Americano

Centro Communitario Hispano Americano (EIN: 202001969) is a nonprofit organization based in Brevard, NC, classified under NTEE code S21. The organization reported total revenue of $467K and total assets of $322K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centro Communitario Hispano Americano's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Centro Communitario Hispano Americano demonstrates a fluctuating but generally positive financial trajectory, particularly in its most recent filing period. In 2023, the organization reported revenue of $146,149 against expenses of $99,434, indicating a healthy surplus. This marks a significant improvement from previous years, such as 2022 where expenses ($74,958) exceeded revenue ($64,220). The organization's assets have also shown growth, reaching $88,180 in 2023, up from $41,230 in 2022, suggesting increasing financial stability. 

The organization's spending efficiency appears to be improving, with a clear focus on program delivery given the absence of reported officer compensation across all filings. This indicates that a high proportion of funds are likely directed towards its mission. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, a precise assessment of spending efficiency is challenging. 

Transparency is generally good, with 14 filings available, demonstrating consistent reporting to the IRS. The consistent reporting of zero officer compensation across all periods is a strong indicator of a volunteer-led or very lean administrative structure, which can be a positive sign for donors looking for efficient use of funds. The recent growth in revenue and assets suggests increasing capacity to serve its community.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Centro Communitario Hispano Americano with a Mission Score of 85 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, Centro Communitario Hispano Americano 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.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led leadership or a structure where top leadership is not compensated, which is highly efficient for an organization of its size.

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 Centro Communitario Hispano Americano's IRS 990 filings:

Fluctuating revenue in prior years (e.g., $64,220 in 2022 down from $146,149 in 2023) could indicate reliance on inconsistent funding sources.
Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis challenging.

Strengths

The following positive indicators were identified for Centro Communitario Hispano Americano:

Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
Significant revenue growth and positive net income in the most recent filing period (2023).
Consistent IRS 990 filing history (14 filings) demonstrates good transparency.
Growing asset base, indicating increasing financial capacity and stability.

Frequently Asked Questions about Centro Communitario Hispano Americano

Is Centro Communitario Hispano Americano financially stable?

Yes, the organization shows increasing financial stability, particularly with a significant revenue surplus of $46,715 in 2023 ($146,149 revenue vs. $99,434 expenses) and growing assets of $88,180.

How does the organization manage its leadership costs?

The organization consistently reports 0% officer compensation across all 14 filings, suggesting a highly efficient, likely volunteer-driven leadership model.

Has the organization experienced financial growth recently?

Yes, the organization's revenue in 2023 ($146,149) is significantly higher than previous years, and its assets have nearly doubled from $41,230 in 2022 to $88,180 in 2023.

Filing History

IRS 990 filing history for Centro Communitario Hispano Americano showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Centro Communitario Hispano Americano's revenue has grown by 855.7%, moving from $15K to $146K. Total assets increased by 923.1% over the same period, from $9K to $88K. Total functional expenses rose by 192.2%, from $34K to $99K. In its most recent filing year (2023), Centro Communitario Hispano Americano reported a surplus of $47K, with revenue exceeding expenses. The organization holds $868 in liabilities against $88K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $87K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$146K	$99K	$88K	$868	—	—
2022	$64K	$75K	$41K	$633	—	View 990
2021	$17K	$29K	$51K	$0	—	View 990
2020	$59K	$33K	$63K	$0	—	View 990
2019	$52K	$36K	$37K	$0	—	View 990
2018	$41K	$34K	$21K	$0	—	View 990
2017	$31K	$35K	$13K	$0	—	View 990
2016	$27K	$27K	$16K	$0	—	View 990
2015	$36K	$28K	$16K	$0	—	View 990
2014	$30K	$23K	$8K	$0	—	View 990
2013	$24K	$25K	$1K	$0	—	View 990
2012	$22K	$24K	$2K	$0	—	View 990
2011	$29K	$32K	$5K	$0	—	View 990
2010	$15K	$34K	$9K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $146K, expenses of $99K, and assets of $88K (revenue +127.6% year-over-year).
2022: Revenue of $64K, expenses of $75K, and assets of $41K (revenue +278.7% year-over-year).
2021: Revenue of $17K, expenses of $29K, and assets of $51K (revenue -71.1% year-over-year).
2020: Revenue of $59K, expenses of $33K, and assets of $63K (revenue +12.7% year-over-year).
2019: Revenue of $52K, expenses of $36K, and assets of $37K (revenue +25.8% year-over-year).
2018: Revenue of $41K, expenses of $34K, and assets of $21K (revenue +31.6% year-over-year).
2017: Revenue of $31K, expenses of $35K, and assets of $13K (revenue +15.8% year-over-year).
2016: Revenue of $27K, expenses of $27K, and assets of $16K (revenue -23.8% year-over-year).
2015: Revenue of $36K, expenses of $28K, and assets of $16K (revenue +19.7% year-over-year).
2014: Revenue of $30K, expenses of $23K, and assets of $8K (revenue +24.2% year-over-year).
2013: Revenue of $24K, expenses of $25K, and assets of $1K (revenue +10.7% year-over-year).
2012: Revenue of $22K, expenses of $24K, and assets of $2K (revenue -24.6% year-over-year).
2011: Revenue of $29K, expenses of $32K, and assets of $5K (revenue +88.0% year-over-year).
2010: Revenue of $15K, expenses of $34K, and assets of $9K.

Data Sources and Methodology

This transparency report for Centro Communitario Hispano Americano 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.