Centro De Ayuda Y Esperanza Latina Inc
EIN: 862086795 · New Bedford, MA · NTEE: T23
Is Centro De Ayuda Y Esperanza Latina Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Centro De Ayuda Y Esperanza Latina Inc
Centro De Ayuda Y Esperanza Latina Inc (EIN: 862086795) is a nonprofit organization based in New Bedford, MA, classified under NTEE code T23. The organization reported total revenue of $531K and total assets of $523K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centro De Ayuda Y Esperanza Latina Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Centro De Ayuda Y Esperanza Latina Inc 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 Centro De Ayuda Y Esperanza Latina Inc 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 Centro De Ayuda Y Esperanza Latina Inc
Is Centro De Ayuda Y Esperanza Latina Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Centro De Ayuda Y Esperanza Latina Inc (EIN: 862086795) insufficient data. 0 red flags identified, 0 strengths noted.
How does Centro De Ayuda Y Esperanza Latina Inc spend its money?
Detailed spending breakdown data is not yet available for Centro De Ayuda Y Esperanza Latina Inc. Check back for updated IRS 990 analysis.
Are donations to Centro De Ayuda Y Esperanza Latina Inc tax-deductible?
Centro De Ayuda Y Esperanza Latina Inc is registered as a tax-exempt nonprofit (EIN: 862086795). 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 Centro De Ayuda Y Esperanza Latina Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Centro De Ayuda Y Esperanza Latina Inc's revenue has grown by 6418.5%, moving from $4K to $273K. Total assets increased by 8906.8% over the same period, from $4K to $377K. Total functional expenses rose by 3317%, from $4K to $143K. In its most recent filing year (2023), Centro De Ayuda Y Esperanza Latina Inc reported a surplus of $130K, with revenue exceeding expenses. The organization holds $143K in liabilities against $377K in assets (debt-to-asset ratio: 37.9%), resulting in net assets of $234K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $273K | $143K | $377K | $143K | — | — |
| 2022 | $134K | $32K | $165K | $32K | — | View 990 |
| 2021 | $4K | $4K | $4K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $273K, expenses of $143K, and assets of $377K (revenue +104.3% year-over-year).
- 2022: Revenue of $134K, expenses of $32K, and assets of $165K (revenue +3091.3% year-over-year).
- 2021: Revenue of $4K, expenses of $4K, and assets of $4K.
Data Sources and Methodology
This transparency report for Centro De Ayuda Y Esperanza Latina 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.