Circulo De La Hispanidad
Circulo De La Hispanidad maintains stable revenue but shows tight operating margins and a significant, unexplained drop in assets and liabilities since 2019.
EIN: 112525327 · Long Beach, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $4.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $95K |
| Transparency Score | 70/100 |
Is Circulo De La Hispanidad Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Circulo De La Hispanidad directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Circulo De La Hispanidad
Circulo De La Hispanidad (EIN: 112525327) is a nonprofit organization based in Long Beach, NY. The organization reported total revenue of $4.5M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Circulo De La Hispanidad's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Circulo De La Hispanidad is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $4.1M |
| Surplus / Deficit | $-60,009 |
| Total Assets | $1.3M |
| Total Liabilities | $1.2M |
| Net Assets | $95K |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 92.6% |
| Months of Reserves | 3.8 months |
Financial Health Grade: C
In 2023, Circulo De La Hispanidad reported a deficit of $60K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 92.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Circulo De La Hispanidad's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.8% | +1.9% | -17.5% |
| 2022 | +54.5% | +31.0% | +23.5% |
| 2021 | -46.8% | -7.9% | -17.7% |
| 2020 | +12.7% | -28.2% | -89.8% |
| 2019 | +22.5% | +6.9% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Circulo De La Hispanidad with a Mission Score of 70 out of 100 (Good). 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, Circulo De La Hispanidad 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 deficit of $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 92.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues exceeding $4 million. This either indicates a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, which reduces transparency regarding leadership costs.
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 Circulo De La Hispanidad's IRS 990 filings:
- Unexplained dramatic decrease in assets and liabilities (from $14M+ to $1.5M) between 2019 and 2020.
- Consistent reporting of 0% officer compensation, which may obscure true leadership costs.
- Expenses frequently exceeding revenue, indicating tight operating margins and potential reliance on reserves or future funding.
Strengths
The following positive indicators were identified for Circulo De La Hispanidad:
- Stable revenue generation, consistently around $4 million to $4.5 million in recent years.
- Strong program spending ratio, indicating a focus on mission delivery.
- Long filing history (13 filings) suggests established operations and compliance.
Frequently Asked Questions about Circulo De La Hispanidad
Is Circulo De La Hispanidad a legitimate charity?
Based on AI analysis of IRS 990 filings, Circulo De La Hispanidad (EIN: 112525327) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Circulo De La Hispanidad spend its money?
Circulo De La Hispanidad directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Circulo De La Hispanidad tax-deductible?
Circulo De La Hispanidad is registered as a tax-exempt nonprofit (EIN: 112525327). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Circulo De La Hispanidad CEO make?
Circulo De La Hispanidad's highest-compensated officer earns $4 annually. The organization reported $4.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Circulo De La Hispanidad's spending goes to programs?
Circulo De La Hispanidad directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Circulo De La Hispanidad located?
Circulo De La Hispanidad is headquartered in Long Beach, New York and files with the IRS under EIN 112525327.
How many years of IRS 990 filings does Circulo De La Hispanidad have?
Circulo De La Hispanidad 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 $4.5M in total revenue.
What caused the dramatic decrease in assets and liabilities from over $14 million in 2019 to approximately $1.5 million in 2020?
The IRS 990 filings show a significant drop in assets from $14,976,034 in 2019 to $1,531,297 in 2020, with a corresponding decrease in liabilities. This could be due to the sale of a major asset, a change in accounting methods, or the transfer of a program or entity, and would require reviewing the full 990 forms for detailed explanations.
Is the organization truly volunteer-led at the executive level, given the 0% officer compensation reported?
The consistent reporting of 0% officer compensation across all filings suggests either a volunteer executive team or that compensation for key personnel is reported under other expense categories (e.g., salaries and wages for program or administrative staff) rather than specifically as officer compensation. This practice, if the latter, can obscure the true cost of leadership.
How does Circulo De La Hispanidad manage to operate with such tight margins, where expenses often closely match or slightly exceed revenue?
Operating with tight margins, as seen in 2023 where expenses ($4,062,458) slightly exceeded revenue ($4,002,449), indicates careful financial management and potentially a reliance on consistent funding streams. It also suggests limited reserves for unexpected costs, making financial planning crucial.
Filing History
IRS 990 filing history for Circulo De La Hispanidad showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Circulo De La Hispanidad's revenue has grown by 18.9%, moving from $3.4M to $4.0M. Total assets decreased by 93.1% over the same period, from $18.6M to $1.3M. Total functional expenses fell by 9.8%, from $4.5M to $4.1M. In its most recent filing year (2023), Circulo De La Hispanidad reported a deficit of $60K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $1.3M in assets (debt-to-asset ratio: 92.6%), resulting in net assets of $95K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $4.1M | $1.3M | $1.2M | — | View 990 |
| 2022 | $4.2M | $4.0M | $1.6M | $1.4M | — | View 990 |
| 2021 | $2.7M | $3.0M | $1.3M | $1.3M | — | View 990 |
| 2020 | $5.1M | $3.3M | $1.5M | $1.3M | — | View 990 |
| 2019 | $4.5M | $4.6M | $15.0M | $16.5M | — | View 990 |
| 2018 | $3.7M | $4.3M | $15.3M | $16.8M | — | View 990 |
| 2017 | $3.8M | $4.4M | $15.4M | $16.2M | — | View 990 |
| 2016 | $4.2M | $4.5M | $17.2M | $17.4M | — | View 990 |
| 2015 | $3.9M | $4.4M | $17.4M | $17.3M | — | View 990 |
| 2014 | $3.7M | $4.1M | $17.2M | $16.7M | — | View 990 |
| 2013 | $3.7M | $4.3M | $17.5M | $16.6M | — | View 990 |
| 2012 | $3.7M | $4.3M | $17.8M | $16.3M | — | View 990 |
| 2011 | $3.4M | $4.5M | $18.6M | $16.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $4.1M, and assets of $1.3M (revenue -4.8% year-over-year).
- 2022: Revenue of $4.2M, expenses of $4.0M, and assets of $1.6M (revenue +54.5% year-over-year).
- 2021: Revenue of $2.7M, expenses of $3.0M, and assets of $1.3M (revenue -46.8% year-over-year).
- 2020: Revenue of $5.1M, expenses of $3.3M, and assets of $1.5M (revenue +12.7% year-over-year).
- 2019: Revenue of $4.5M, expenses of $4.6M, and assets of $15.0M (revenue +22.5% year-over-year).
- 2018: Revenue of $3.7M, expenses of $4.3M, and assets of $15.3M (revenue -2.2% year-over-year).
- 2017: Revenue of $3.8M, expenses of $4.4M, and assets of $15.4M (revenue -9.2% year-over-year).
- 2016: Revenue of $4.2M, expenses of $4.5M, and assets of $17.2M (revenue +6.0% year-over-year).
- 2015: Revenue of $3.9M, expenses of $4.4M, and assets of $17.4M (revenue +5.9% year-over-year).
- 2014: Revenue of $3.7M, expenses of $4.1M, and assets of $17.2M (revenue -0.4% year-over-year).
- 2013: Revenue of $3.7M, expenses of $4.3M, and assets of $17.5M (revenue +0.1% year-over-year).
- 2012: Revenue of $3.7M, expenses of $4.3M, and assets of $17.8M (revenue +10.8% year-over-year).
- 2011: Revenue of $3.4M, expenses of $4.5M, and assets of $18.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Circulo De La Hispanidad:
Data Sources and Methodology
This transparency report for Circulo De La Hispanidad 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.