Eugenio Maria De Hostos Community College Foundation
Eugenio Maria De Hostos Community College Foundation shows strong asset growth despite fluctuating revenues and no reported executive compensation.
EIN: 133116643 · Bronx, NY · NTEE: A200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.2M |
| Total Expenses | $2.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $22,709,805 |
| Net Assets | $17.8M |
| Transparency Score | 85/100 |
Is Eugenio Maria De Hostos Community College Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eugenio Maria De Hostos Community College Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eugenio Maria De Hostos Community College Foundation
Eugenio Maria De Hostos Community College Foundation (EIN: 133116643) is a nonprofit organization based in Bronx, NY, classified under NTEE code A200. The organization reported total revenue of $5.2M and total assets of $22.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eugenio Maria De Hostos Community College Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eugenio Maria De Hostos Community College Foundation is a mid-size nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-235,876 |
| Total Assets | $18.6M |
| Total Liabilities | $759K |
| Net Assets | $17.8M |
| Operating Margin | -10.5% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 89.8 months |
Financial Health Grade: B
In 2023, Eugenio Maria De Hostos Community College Foundation reported a deficit of $236K with expenses exceeding revenue, holds 89.8 months of operating reserves (strong position), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eugenio Maria De Hostos Community College Foundation's revenue has grown at a compound annual growth rate (CAGR) of 16.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -86.7% | +46.9% | +2.8% |
| 2022 | +984.8% | +34.5% | +374.1% |
| 2021 | +47.3% | +54.0% | +22.4% |
| 2020 | +12.1% | +26.7% | +8.4% |
| 2019 | -29.3% | -29.7% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Eugenio Maria De Hostos Community College Foundation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Eugenio Maria De Hostos Community College Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $236K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and asset base ($22,709,805). This suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which would require further clarification.
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 Eugenio Maria De Hostos Community College Foundation's IRS 990 filings:
- Significant revenue volatility, with a large spike in 202206 ($16,851,536) followed by a sharp decline in 202306 ($2,242,471), which could indicate reliance on non-recurring funding sources.
- Consistent reporting of 0% officer compensation, which is unusual for an organization with over $22 million in assets and may obscure how leadership is supported or compensated.
Strengths
The following positive indicators were identified for Eugenio Maria De Hostos Community College Foundation:
- Strong asset growth, increasing from $1,757,896 in 201406 to $22,709,805 currently, indicating effective financial management and accumulation of resources.
- Consistent IRS 990 filing history over 13 periods, demonstrating good transparency and compliance.
- Generally efficient spending, with expenses typically lower than revenue, contributing to asset accumulation (e.g., 202206 revenue $16,851,536 vs. expenses $1,687,138).
Frequently Asked Questions about Eugenio Maria De Hostos Community College Foundation
Is Eugenio Maria De Hostos Community College Foundation a legitimate charity?
Eugenio Maria De Hostos Community College Foundation (EIN: 133116643) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.2M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Eugenio Maria De Hostos Community College Foundation spend its money?
Eugenio Maria De Hostos Community College Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Eugenio Maria De Hostos Community College Foundation tax-deductible?
Eugenio Maria De Hostos Community College Foundation is registered as a tax-exempt nonprofit (EIN: 133116643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Eugenio Maria De Hostos Community College Foundation CEO make?
Eugenio Maria De Hostos Community College Foundation's highest-compensated officer earns $22,709,805 annually. The organization reported $5.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Eugenio Maria De Hostos Community College Foundation's spending goes to programs?
Eugenio Maria De Hostos Community College Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Eugenio Maria De Hostos Community College Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Eugenio Maria De Hostos Community College Foundation is above average for NTEE category A200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eugenio Maria De Hostos Community College Foundation located?
Eugenio Maria De Hostos Community College Foundation is headquartered in Bronx, New York and files with the IRS under EIN 133116643. It is classified under NTEE code A200.
How many years of IRS 990 filings does Eugenio Maria De Hostos Community College Foundation have?
Eugenio Maria De Hostos Community College Foundation 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 $5.2M in total revenue.
What caused the significant revenue spike in 202206 to $16,851,536 and its subsequent drop?
The IRS 990 filings show a revenue of $16,851,536 in 202206, which is an outlier compared to other years, where revenue typically hovers around $1-2 million. Understanding the source and nature of this large influx and its subsequent decrease is crucial for assessing financial stability.
How does the organization manage its executive functions without reporting officer compensation?
All 13 filings consistently report 0% officer compensation. This raises questions about how executive leadership is compensated or if these roles are entirely volunteer-based, which is uncommon for an organization with assets exceeding $22 million.
What are the primary drivers of the organization's asset growth from $1.7 million in 201406 to $22.7 million currently?
The foundation has seen substantial asset growth, from $1,757,896 in 201406 to $22,709,805 currently. Identifying the specific investment strategies, major donations, or other financial activities contributing to this growth is important for understanding its long-term financial health.
Filing History
IRS 990 filing history for Eugenio Maria De Hostos Community College Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eugenio Maria De Hostos Community College Foundation's revenue has grown by 530%, moving from $356K to $2.2M. Total assets increased by 1354.8% over the same period, from $1.3M to $18.6M. Total functional expenses rose by 1065.9%, from $213K to $2.5M. In its most recent filing year (2023), Eugenio Maria De Hostos Community College Foundation reported a deficit of $236K, with expenses exceeding revenue. The organization holds $759K in liabilities against $18.6M in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $17.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.5M | $18.6M | $759K | — | View 990 |
| 2022 | $16.9M | $1.7M | $18.0M | $905K | — | View 990 |
| 2021 | $1.6M | $1.3M | $3.8M | $252K | — | View 990 |
| 2020 | $1.1M | $815K | $3.1M | $16K | — | View 990 |
| 2019 | $941K | $643K | $2.9M | $23K | — | View 990 |
| 2018 | $1.3M | $914K | $2.7M | $29K | — | View 990 |
| 2017 | $1.0M | $680K | $2.4M | $68K | — | View 990 |
| 2016 | $999K | $832K | $2.0M | $52K | — | View 990 |
| 2015 | $1.1M | $927K | $1.8M | $102K | — | View 990 |
| 2014 | $1.1M | $797K | $1.8M | $99K | — | View 990 |
| 2013 | $485K | $408K | $1.5M | $45K | — | View 990 |
| 2012 | $369K | $286K | $1.3M | $36K | — | View 990 |
| 2011 | $356K | $213K | $1.3M | $63K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.5M, and assets of $18.6M (revenue -86.7% year-over-year).
- 2022: Revenue of $16.9M, expenses of $1.7M, and assets of $18.0M (revenue +984.8% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.3M, and assets of $3.8M (revenue +47.3% year-over-year).
- 2020: Revenue of $1.1M, expenses of $815K, and assets of $3.1M (revenue +12.1% year-over-year).
- 2019: Revenue of $941K, expenses of $643K, and assets of $2.9M (revenue -29.3% year-over-year).
- 2018: Revenue of $1.3M, expenses of $914K, and assets of $2.7M (revenue +32.2% year-over-year).
- 2017: Revenue of $1.0M, expenses of $680K, and assets of $2.4M (revenue +0.8% year-over-year).
- 2016: Revenue of $999K, expenses of $832K, and assets of $2.0M (revenue -7.6% year-over-year).
- 2015: Revenue of $1.1M, expenses of $927K, and assets of $1.8M (revenue +2.3% year-over-year).
- 2014: Revenue of $1.1M, expenses of $797K, and assets of $1.8M (revenue +117.7% year-over-year).
- 2013: Revenue of $485K, expenses of $408K, and assets of $1.5M (revenue +31.6% year-over-year).
- 2012: Revenue of $369K, expenses of $286K, and assets of $1.3M (revenue +3.6% year-over-year).
- 2011: Revenue of $356K, expenses of $213K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eugenio Maria De Hostos Community College Foundation:
Data Sources and Methodology
This transparency report for Eugenio Maria De Hostos Community College Foundation 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.