Cinco Charities Inc
Cinco Charities Inc maintains stable assets and zero executive compensation despite recurring operating deficits.
EIN: 204709479 · Katy, TX · NTEE: E60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $869K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $5.5M |
| Transparency Score | 92/100 |
Is Cinco Charities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cinco Charities Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cinco Charities Inc
Cinco Charities Inc (EIN: 204709479) is a nonprofit organization based in Katy, TX, classified under NTEE code E60. The organization reported total revenue of $1.7M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cinco Charities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cinco Charities Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $756K |
| Total Expenses | $869K |
| Surplus / Deficit | $-113,752 |
| Total Assets | $5.5M |
| Total Liabilities | $8K |
| Net Assets | $5.5M |
| Operating Margin | -15.1% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 75.6 months |
Financial Health Grade: B
In 2023, Cinco Charities Inc reported a deficit of $114K with expenses exceeding revenue, holds 75.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cinco Charities Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.6% | +7.8% | +0.6% |
| 2022 | -13.3% | +9.3% | -8.1% |
| 2021 | +66.4% | +9.6% | +0.7% |
| 2020 | -85.8% | +1.4% | -1.9% |
| 2019 | +296.2% | +21.7% | +60.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Cinco Charities Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Cinco Charities Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 deficit of $114K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Cinco Charities Inc consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries. This is a highly positive sign, demonstrating a strong commitment to directing resources towards the organization's mission rather than executive pay, especially for an organization with assets exceeding $5 million.
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 Cinco Charities Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $113,752 deficit in 2023, $232,352 deficit in 2022) could impact long-term sustainability if not addressed.
- Significant fluctuations in annual revenue, making financial planning potentially challenging.
Strengths
The following positive indicators were identified for Cinco Charities Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency and dedication to mission.
- Strong and stable asset base, exceeding $5 million in recent years, providing financial security.
- Very low liabilities across all filing periods, demonstrating excellent financial management.
- High program spending ratio, suggesting a significant portion of funds directly supports its mission.
- Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency.
Frequently Asked Questions about Cinco Charities Inc
Is Cinco Charities Inc a legitimate charity?
Cinco Charities Inc (EIN: 204709479) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does Cinco Charities Inc spend its money?
Cinco Charities Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Cinco Charities Inc tax-deductible?
Cinco Charities Inc is registered as a tax-exempt nonprofit (EIN: 204709479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cinco Charities Inc CEO make?
Cinco Charities Inc's highest-compensated officer earns $5 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cinco Charities Inc's spending goes to programs?
Cinco Charities Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cinco Charities Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Cinco Charities Inc is above average for NTEE category E60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cinco Charities Inc located?
Cinco Charities Inc is headquartered in Katy, Texas and files with the IRS under EIN 204709479. It is classified under NTEE code E60.
How many years of IRS 990 filings does Cinco Charities Inc have?
Cinco Charities 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 $1.7M in total revenue.
Is Cinco Charities Inc a good charity?
Yes, Cinco Charities Inc appears to be a good charity. It demonstrates strong program focus, zero executive compensation, and a stable asset base, all contributing to its effectiveness and trustworthiness.
How does Cinco Charities Inc manage its finances given recurring deficits?
Despite recurring operating deficits (e.g., $755,641 revenue vs. $869,393 expenses in 2023), Cinco Charities Inc maintains a stable asset base of over $5 million, suggesting it may be drawing from reserves or has other non-operating income sources not fully detailed in this summary to cover shortfalls.
What is the trend in Cinco Charities Inc's revenue?
Cinco Charities Inc's revenue has been highly variable, with peaks of $3,475,825 in 2014 and $2,803,167 in 2019, but more recently has been below $1 million, with $755,641 in 2023 and $574,097 in 2022.
How transparent is Cinco Charities Inc regarding executive compensation?
Cinco Charities Inc is highly transparent regarding executive compensation, consistently reporting 0% officer compensation in all available IRS 990 filings, indicating no salaries are paid to its officers.
Are Cinco Charities Inc's liabilities a concern?
No, Cinco Charities Inc's liabilities are consistently very low (e.g., $8,022 in 2023, $1,246 in 2022), indicating sound financial management and minimal debt.
Filing History
IRS 990 filing history for Cinco Charities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cinco Charities Inc's revenue has grown by 481.3%, moving from $130K to $756K. Total assets increased by 2188.8% over the same period, from $239K to $5.5M. Total functional expenses rose by 3613.1%, from $23K to $869K. In its most recent filing year (2023), Cinco Charities Inc reported a deficit of $114K, with expenses exceeding revenue. The organization holds $8K in liabilities against $5.5M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $756K | $869K | $5.5M | $8K | — | View 990 |
| 2022 | $574K | $806K | $5.4M | $1K | — | View 990 |
| 2021 | $662K | $738K | $5.9M | $3K | — | View 990 |
| 2020 | $398K | $673K | $5.9M | $40K | — | View 990 |
| 2019 | $2.8M | $664K | $6.0M | $4K | — | View 990 |
| 2018 | $708K | $546K | $3.7M | $7K | — | View 990 |
| 2017 | $522K | $575K | $3.7M | $6K | — | View 990 |
| 2016 | $320K | $418K | $3.6M | $3K | — | View 990 |
| 2015 | $385K | $395K | $3.7M | $4K | — | View 990 |
| 2014 | $3.5M | $409K | $3.7M | $6K | — | View 990 |
| 2013 | $345K | $148K | $678K | $5K | — | View 990 |
| 2012 | $285K | $48K | $483K | $8K | — | View 990 |
| 2011 | $130K | $23K | $239K | $803 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $756K, expenses of $869K, and assets of $5.5M (revenue +31.6% year-over-year).
- 2022: Revenue of $574K, expenses of $806K, and assets of $5.4M (revenue -13.3% year-over-year).
- 2021: Revenue of $662K, expenses of $738K, and assets of $5.9M (revenue +66.4% year-over-year).
- 2020: Revenue of $398K, expenses of $673K, and assets of $5.9M (revenue -85.8% year-over-year).
- 2019: Revenue of $2.8M, expenses of $664K, and assets of $6.0M (revenue +296.2% year-over-year).
- 2018: Revenue of $708K, expenses of $546K, and assets of $3.7M (revenue +35.5% year-over-year).
- 2017: Revenue of $522K, expenses of $575K, and assets of $3.7M (revenue +63.1% year-over-year).
- 2016: Revenue of $320K, expenses of $418K, and assets of $3.6M (revenue -16.8% year-over-year).
- 2015: Revenue of $385K, expenses of $395K, and assets of $3.7M (revenue -88.9% year-over-year).
- 2014: Revenue of $3.5M, expenses of $409K, and assets of $3.7M (revenue +907.3% year-over-year).
- 2013: Revenue of $345K, expenses of $148K, and assets of $678K (revenue +21.1% year-over-year).
- 2012: Revenue of $285K, expenses of $48K, and assets of $483K (revenue +119.2% year-over-year).
- 2011: Revenue of $130K, expenses of $23K, and assets of $239K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cinco Charities Inc:
Data Sources and Methodology
This transparency report for Cinco Charities 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.