Discovering Amistad
EIN: 474702508 · New Haven, CT · NTEE: A54
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $826K |
| Net Assets | $803K |
Is Discovering Amistad Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Discovering Amistad
Discovering Amistad (EIN: 474702508) is a nonprofit organization based in New Haven, CT, classified under NTEE code A54. The organization reported total revenue of $1.2M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Discovering Amistad's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Discovering Amistad is a mid-size nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $750K |
| Total Expenses | $826K |
| Surplus / Deficit | $-76,016 |
| Total Assets | $924K |
| Total Liabilities | $121K |
| Net Assets | $803K |
| Operating Margin | -10.1% |
| Debt-to-Asset Ratio | 13.1% |
| Months of Reserves | 13.4 months |
Financial Health Grade: B
In 2023, Discovering Amistad reported a deficit of $76K with expenses exceeding revenue, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 13.1% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Discovering Amistad's revenue has declined at a compound annual growth rate (CAGR) of -4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.4% | +12.4% | -0.6% |
| 2022 | +137.6% | +112.9% | -6.7% |
| 2021 | -38.3% | -47.2% | -4.8% |
| 2020 | -26.6% | -1.3% | -0.4% |
| 2019 | +59.2% | +13.4% | +12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Discovering Amistad 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 Discovering Amistad 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 $76K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.1%.
Frequently Asked Questions about Discovering Amistad
Is Discovering Amistad a legitimate charity?
Based on AI analysis of IRS 990 filings, Discovering Amistad (EIN: 474702508) insufficient data. 0 red flags identified, 0 strengths noted.
How does Discovering Amistad spend its money?
Detailed spending breakdown data is not yet available for Discovering Amistad. Check back for updated IRS 990 analysis.
Are donations to Discovering Amistad tax-deductible?
Discovering Amistad is registered as a tax-exempt nonprofit (EIN: 474702508). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Discovering Amistad located?
Discovering Amistad is headquartered in New Haven, Connecticut and files with the IRS under EIN 474702508. It is classified under NTEE code A54.
How many years of IRS 990 filings does Discovering Amistad have?
Discovering Amistad has 8 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Discovering Amistad showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Discovering Amistad's revenue has declined by 26.9%, moving from $1.0M to $750K. Total assets decreased by 12.6% over the same period, from $1.1M to $924K. Total functional expenses rose by 447.9%, from $151K to $826K. In its most recent filing year (2023), Discovering Amistad reported a deficit of $76K, with expenses exceeding revenue. The organization holds $121K in liabilities against $924K in assets (debt-to-asset ratio: 13.1%), resulting in net assets of $803K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $750K | $826K | $924K | $121K | — | — |
| 2022 | $785K | $735K | $929K | $51K | — | View 990 |
| 2021 | $330K | $345K | $996K | $159K | — | — |
| 2020 | $535K | $654K | $1.0M | $195K | — | View 990 |
| 2019 | $729K | $663K | $1.1M | $80K | — | View 990 |
| 2018 | $458K | $585K | $937K | $33K | — | View 990 |
| 2017 | $599K | $466K | $1.0M | $38K | — | View 990 |
| 2016 | $1.0M | $151K | $1.1M | $181K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $750K, expenses of $826K, and assets of $924K (revenue -4.4% year-over-year).
- 2022: Revenue of $785K, expenses of $735K, and assets of $929K (revenue +137.6% year-over-year).
- 2021: Revenue of $330K, expenses of $345K, and assets of $996K (revenue -38.3% year-over-year).
- 2020: Revenue of $535K, expenses of $654K, and assets of $1.0M (revenue -26.6% year-over-year).
- 2019: Revenue of $729K, expenses of $663K, and assets of $1.1M (revenue +59.2% year-over-year).
- 2018: Revenue of $458K, expenses of $585K, and assets of $937K (revenue -23.4% year-over-year).
- 2017: Revenue of $599K, expenses of $466K, and assets of $1.0M (revenue -41.7% year-over-year).
- 2016: Revenue of $1.0M, expenses of $151K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Discovering Amistad:
Data Sources and Methodology
This transparency report for Discovering Amistad 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.