Centro De Recursos Empresariales Y Capacitacion Educativa Inc
EIN: 871837424 · Idaho Falls, ID · NTEE: S30
| Metric | Value |
|---|---|
| Total Expenses | $3K |
| Net Assets | $-1,854 |
Is Centro De Recursos Empresariales Y Capacitacion Educativa 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 Recursos Empresariales Y Capacitacion Educativa Inc
Centro De Recursos Empresariales Y Capacitacion Educativa Inc (EIN: 871837424) is a nonprofit organization based in Idaho Falls, ID, classified under NTEE code S30. The organization reported total revenue of $0 and total assets of $677 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centro De Recursos Empresariales Y Capacitacion Educativa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Centro De Recursos Empresariales Y Capacitacion Educativa Inc is a micro nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -34.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $3K |
| Surplus / Deficit | $-1,854 |
| Total Assets | $1K |
| Total Liabilities | $3K |
| Net Assets | $-1,854 |
| Operating Margin | -185.2% |
| Debt-to-Asset Ratio | 285.2% |
| Months of Reserves | 4.2 months |
Financial Health Grade: C
In 2023, Centro De Recursos Empresariales Y Capacitacion Educativa Inc reported a deficit of $2K with expenses exceeding revenue, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 285.2% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Centro De Recursos Empresariales Y Capacitacion Educativa Inc's revenue has declined at a compound annual growth rate (CAGR) of -34.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.7% | +375.8% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Centro De Recursos Empresariales Y Capacitacion Educativa 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 Recursos Empresariales Y Capacitacion Educativa 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 285.2%.
Frequently Asked Questions about Centro De Recursos Empresariales Y Capacitacion Educativa Inc
Is Centro De Recursos Empresariales Y Capacitacion Educativa Inc a legitimate charity?
Centro De Recursos Empresariales Y Capacitacion Educativa Inc (EIN: 871837424) is a registered tax-exempt nonprofit based in Idaho. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Centro De Recursos Empresariales Y Capacitacion Educativa Inc spend its money?
Centro De Recursos Empresariales Y Capacitacion Educativa Inc reported its financials in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Centro De Recursos Empresariales Y Capacitacion Educativa Inc tax-deductible?
Centro De Recursos Empresariales Y Capacitacion Educativa Inc is registered as a tax-exempt nonprofit (EIN: 871837424). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Centro De Recursos Empresariales Y Capacitacion Educativa Inc located?
Centro De Recursos Empresariales Y Capacitacion Educativa Inc is headquartered in Idaho Falls, Idaho and files with the IRS under EIN 871837424. It is classified under NTEE code S30.
How many years of IRS 990 filings does Centro De Recursos Empresariales Y Capacitacion Educativa Inc have?
Centro De Recursos Empresariales Y Capacitacion Educativa Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Centro De Recursos Empresariales Y Capacitacion Educativa Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Centro De Recursos Empresariales Y Capacitacion Educativa Inc's revenue has declined by 34.7%, moving from $2K to $1K. Total assets increased by 7.4% over the same period, from $932 to $1K. Total functional expenses rose by 375.8%, from $600 to $3K. In its most recent filing year (2023), Centro De Recursos Empresariales Y Capacitacion Educativa Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $3K in liabilities against $1K in assets (debt-to-asset ratio: 285.2%), resulting in net assets of $-1,854.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $3K | $1K | $3K | — | — |
| 2022 | $2K | $600 | $932 | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Centro De Recursos Empresariales Y Capacitacion Educativa Inc:
Data Sources and Methodology
This transparency report for Centro De Recursos Empresariales Y Capacitacion Educativa 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.