Centro De Los Derechos Del Migrante Inc
Centro De Los Derechos Del Migrante Inc shows consistent growth and strong solvency with 0% reported officer compensation.
EIN: 202588279 · Baltimore, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $3.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3.47 |
| Net Assets | $1.9M |
| Transparency Score | 88/100 |
Is Centro De Los Derechos Del Migrante Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Centro De Los Derechos Del Migrante Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Centro De Los Derechos Del Migrante Inc
Centro De Los Derechos Del Migrante Inc (EIN: 202588279) is a nonprofit organization based in Baltimore, MD. The organization reported total revenue of $2.7M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centro De Los Derechos Del Migrante Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Centro De Los Derechos Del Migrante Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.5M |
| Surplus / Deficit | +$16K |
| Total Assets | $2.0M |
| Total Liabilities | $91K |
| Net Assets | $1.9M |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 7.1 months |
Financial Health Grade: A
In 2023, Centro De Los Derechos Del Migrante Inc reported a surplus of $16K with revenue exceeding expenses, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Centro De Los Derechos Del Migrante Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.3% | -23.3% | +0.1% |
| 2022 | +41.3% | +65.0% | -24.0% |
| 2021 | +71.4% | +51.6% | +43.9% |
| 2020 | -14.5% | +54.4% | +17.7% |
| 2019 | +131.9% | +26.5% | +154.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2005 |
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 Centro De Los Derechos Del Migrante Inc with a Mission Score of 88 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 De Los Derechos Del Migrante 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 $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue ($3.47 million in 2023). This suggests either pro-bono leadership, compensation being reported under other categories, or a unique operational structure, which warrants further investigation for full transparency.
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 De Los Derechos Del Migrante Inc's IRS 990 filings:
- Consistent 0% reported officer compensation, which is highly unusual for an organization of this size and could indicate a lack of transparency in reporting executive pay or a unique operational model that requires further clarification.
- Significant year-over-year fluctuations in revenue and expenses, such as the $1.2 million drop in revenue from 2022 to 2023, which could indicate reliance on volatile funding sources.
Strengths
The following positive indicators were identified for Centro De Los Derechos Del Migrante Inc:
- Strong solvency with assets consistently exceeding liabilities (e.g., $2,041,047 in assets vs. $91,399 in liabilities in 2023).
- Significant growth in revenue and operational scale over the past decade, from $788,622 in 2014 to $3,472,088 in 2023.
- Efficient use of funds, as implied by the 0% reported officer compensation, potentially allowing more resources for program delivery.
- Consistent filing history (13 filings) demonstrates a commitment to regulatory compliance and transparency.
Frequently Asked Questions about Centro De Los Derechos Del Migrante Inc
Is Centro De Los Derechos Del Migrante Inc a legitimate charity?
Centro De Los Derechos Del Migrante Inc (EIN: 202588279) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.7M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Centro De Los Derechos Del Migrante Inc spend its money?
Centro De Los Derechos Del Migrante Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Centro De Los Derechos Del Migrante Inc tax-deductible?
Centro De Los Derechos Del Migrante Inc is registered as a tax-exempt nonprofit (EIN: 202588279). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Centro De Los Derechos Del Migrante Inc CEO make?
Centro De Los Derechos Del Migrante Inc's highest-compensated officer earns $3.47 annually. The organization reported $2.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Centro De Los Derechos Del Migrante Inc's spending goes to programs?
Centro De Los Derechos Del Migrante Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Centro De Los Derechos Del Migrante Inc located?
Centro De Los Derechos Del Migrante Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 202588279.
How many years of IRS 990 filings does Centro De Los Derechos Del Migrante Inc have?
Centro De Los Derechos Del Migrante 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 $2.7M in total revenue.
How does Centro De Los Derechos Del Migrante Inc manage to report 0% officer compensation given its scale?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with annual revenues exceeding $3 million. This could indicate that executive leadership is entirely pro-bono, that compensation is being reported under different expense categories (e.g., program staff salaries if officers also perform program roles), or that the organization has a unique governance structure. Further detail would be needed to fully understand this.
What is the organization's strategy for managing year-to-year fluctuations in revenue and expenses?
The organization has experienced significant fluctuations, such as a revenue increase from $1.8M in 2020 to $3.08M in 2021, and then a jump to $4.35M in 2022 before a slight dip to $3.47M in 2023. Expenses have largely followed suit. This suggests a dynamic funding environment, and the organization appears to manage these fluctuations by maintaining a healthy asset base relative to liabilities, as seen in the 2023 assets of $2,041,047 against liabilities of $91,399.
Is the organization's asset growth sustainable?
Assets have generally grown over the past decade, from $436,075 in 2014 to $2,041,047 in 2023. While there was a dip from $2,682,477 in 2021 to $2,038,332 in 2022, the overall trend is positive. This growth, coupled with low liabilities, indicates a strong financial foundation that appears sustainable given their revenue trends.
Filing History
IRS 990 filing history for Centro De Los Derechos Del Migrante Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Centro De Los Derechos Del Migrante Inc's revenue has grown by 300.3%, moving from $867K to $3.5M. Total assets increased by 312.2% over the same period, from $495K to $2.0M. Total functional expenses rose by 482%, from $594K to $3.5M. In its most recent filing year (2023), Centro De Los Derechos Del Migrante Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $91K in liabilities against $2.0M in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.5M | $2.0M | $91K | — | — |
| 2022 | $4.4M | $4.5M | $2.0M | $104K | — | View 990 |
| 2021 | $3.1M | $2.7M | $2.7M | $598K | — | View 990 |
| 2020 | $1.8M | $1.8M | $1.9M | $343K | — | View 990 |
| 2019 | $2.1M | $1.2M | $1.6M | $61K | — | View 990 |
| 2018 | $908K | $923K | $623K | $39K | — | View 990 |
| 2017 | $753K | $913K | $638K | $39K | — | View 990 |
| 2016 | $1.1M | $789K | $787K | $29K | — | View 990 |
| 2015 | $822K | $759K | $472K | $26K | — | View 990 |
| 2014 | $789K | $954K | $436K | $34K | — | View 990 |
| 2013 | $932K | $1.0M | $621K | $47K | — | View 990 |
| 2012 | $986K | $775K | $725K | $59K | — | View 990 |
| 2011 | $867K | $594K | $495K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.5M, and assets of $2.0M (revenue -20.3% year-over-year).
- 2022: Revenue of $4.4M, expenses of $4.5M, and assets of $2.0M (revenue +41.3% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.7M, and assets of $2.7M (revenue +71.4% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.8M, and assets of $1.9M (revenue -14.5% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.2M, and assets of $1.6M (revenue +131.9% year-over-year).
- 2018: Revenue of $908K, expenses of $923K, and assets of $623K (revenue +20.6% year-over-year).
- 2017: Revenue of $753K, expenses of $913K, and assets of $638K (revenue -31.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $789K, and assets of $787K (revenue +34.0% year-over-year).
- 2015: Revenue of $822K, expenses of $759K, and assets of $472K (revenue +4.2% year-over-year).
- 2014: Revenue of $789K, expenses of $954K, and assets of $436K (revenue -15.4% year-over-year).
- 2013: Revenue of $932K, expenses of $1.0M, and assets of $621K (revenue -5.5% year-over-year).
- 2012: Revenue of $986K, expenses of $775K, and assets of $725K (revenue +13.7% year-over-year).
- 2011: Revenue of $867K, expenses of $594K, and assets of $495K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Centro De Los Derechos Del Migrante Inc:
Data Sources and Methodology
This transparency report for Centro De Los Derechos Del Migrante 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.