Dc Hispanic Contractors Association
DC Hispanic Contractors Association shows volatile revenue but maintains zero liabilities and no officer compensation.
EIN: 205325447 · Washington, DC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $209K |
| Total Expenses | $338K |
| Program Spending | 80% |
| Net Assets | $79K |
| Transparency Score | 85/100 |
Is Dc Hispanic Contractors Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dc Hispanic Contractors Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dc Hispanic Contractors Association
Dc Hispanic Contractors Association (EIN: 205325447) is a nonprofit organization based in Washington, DC, classified under NTEE code S41. The organization reported total revenue of $209K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dc Hispanic Contractors Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dc Hispanic Contractors Association is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 29.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $380K |
| Total Expenses | $338K |
| Surplus / Deficit | +$42K |
| Total Assets | $79K |
| Net Assets | $79K |
| Operating Margin | 10.9% |
| Months of Reserves | 2.8 months |
Financial Health Grade: A
In 2023, Dc Hispanic Contractors Association reported a surplus of $42K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2019–2023), Dc Hispanic Contractors Association's revenue has grown at a compound annual growth rate (CAGR) of 29.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +364.2% | +156.2% | +112.4% |
| 2022 | -74.3% | -43.8% | -57.6% |
| 2021 | +328.5% | +229.5% | +8719400.0% |
| 2020 | -45.7% | -52.6% | -99.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
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 Dc Hispanic Contractors Association with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Dc Hispanic Contractors Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $42K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive for resource allocation to mission.
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 Dc Hispanic Contractors Association's IRS 990 filings:
- Significant year-over-year revenue and expense volatility
- Modest asset base relative to revenue fluctuations, indicating limited reserves
Strengths
The following positive indicators were identified for Dc Hispanic Contractors Association:
- Consistent reporting of zero liabilities
- No reported officer compensation, maximizing funds for mission
- Consistent IRS 990 filing history demonstrating transparency
- Positive net income in the latest filing (2023)
Frequently Asked Questions about Dc Hispanic Contractors Association
Is Dc Hispanic Contractors Association a legitimate charity?
Dc Hispanic Contractors Association (EIN: 205325447) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 5 years of IRS 990 filings on record. Total revenue: $209K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Dc Hispanic Contractors Association spend its money?
Dc Hispanic Contractors Association directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Dc Hispanic Contractors Association tax-deductible?
Dc Hispanic Contractors Association is registered as a tax-exempt nonprofit (EIN: 205325447). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Dc Hispanic Contractors Association's spending goes to programs?
Dc Hispanic Contractors Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Dc Hispanic Contractors Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Dc Hispanic Contractors Association is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dc Hispanic Contractors Association located?
Dc Hispanic Contractors Association is headquartered in Washington, Washington DC and files with the IRS under EIN 205325447. It is classified under NTEE code S41.
How many years of IRS 990 filings does Dc Hispanic Contractors Association have?
Dc Hispanic Contractors Association has 5 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 $209K in total revenue.
Is the DC Hispanic Contractors Association financially stable?
The organization's financial stability is somewhat volatile, with significant year-over-year fluctuations in revenue and expenses. While the latest year (2023) shows a surplus, the previous year (2022) had a substantial deficit. Their asset base is modest, suggesting limited financial reserves to weather prolonged downturns.
How does the organization manage its liabilities?
The DC Hispanic Contractors Association consistently reports $0 in liabilities across all five filings, which is a strong indicator of sound financial management and a lack of debt.
What is the trend in the organization's revenue?
Revenue has fluctuated significantly, from a low of $74,240 in 2020 to a high of $379,902 in 2023. This suggests an inconsistent funding stream, potentially reliant on specific projects or grants rather than a stable base of recurring income.
Filing History
IRS 990 filing history for Dc Hispanic Contractors Association showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Dc Hispanic Contractors Association's revenue has grown by 177.8%, moving from $137K to $380K. Total assets increased by 5130.4% over the same period, from $2K to $79K. Total functional expenses rose by 124.8%, from $151K to $338K. In its most recent filing year (2023), Dc Hispanic Contractors Association reported a surplus of $42K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $380K | $338K | $79K | $0 | — | — |
| 2022 | $82K | $132K | $37K | $0 | — | View 990 |
| 2021 | $318K | $235K | $87K | $0 | — | View 990 |
| 2020 | $74K | $71K | $1 | $0 | — | View 990 |
| 2019 | $137K | $151K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $380K, expenses of $338K, and assets of $79K (revenue +364.2% year-over-year).
- 2022: Revenue of $82K, expenses of $132K, and assets of $37K (revenue -74.3% year-over-year).
- 2021: Revenue of $318K, expenses of $235K, and assets of $87K (revenue +328.5% year-over-year).
- 2020: Revenue of $74K, expenses of $71K, and assets of $1 (revenue -45.7% year-over-year).
- 2019: Revenue of $137K, expenses of $151K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dc Hispanic Contractors Association:
Data Sources and Methodology
This transparency report for Dc Hispanic Contractors Association 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.