Conexion Latina Newport
EIN: 851270650 · Newport, RI · NTEE: P50
About Conexion Latina Newport
Conexion Latina Newport (EIN: 851270650) is a nonprofit organization based in Newport, RI, classified under NTEE code P50. The organization reported total revenue of $470K and total assets of $672K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Conexion Latina Newport's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Conexion Latina Newport 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 Conexion Latina Newport 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.
Filing History
IRS 990 filing history for Conexion Latina Newport showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2023), Conexion Latina Newport's revenue has grown by 2636.5%, moving from $20K to $545K. Total assets increased by 2889.5% over the same period, from $17K to $521K. Total functional expenses rose by 15204.9%, from $2K to $382K. In its most recent filing year (2023), Conexion Latina Newport reported a surplus of $163K, with revenue exceeding expenses. The organization holds $225K in liabilities against $521K in assets (debt-to-asset ratio: 43.2%), resulting in net assets of $296K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $545K | $382K | $521K | $225K | — | — |
| 2021 | $20K | $2K | $17K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for Conexion Latina Newport 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.