Feed The Hungry San Miguel Inc
Feed The Hungry San Miguel Inc maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 201193434 · Laredo, TX · NTEE: K30 · Updated: 2026-03-28
About Feed The Hungry San Miguel Inc
Feed The Hungry San Miguel Inc (EIN: 201193434) is a nonprofit organization based in Laredo, TX, classified under NTEE code K30. The organization reported total revenue of $920K and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Feed The Hungry San Miguel Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Feed The Hungry San Miguel Inc with a Mission Score of 90 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, Feed The Hungry San Miguel Inc 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive sign, suggesting a volunteer-led executive team and a strong commitment to minimizing administrative overhead.
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 Feed The Hungry San Miguel Inc's IRS 990 filings:
- Highly fluctuating annual revenue, which could indicate an unstable funding model or reliance on large, infrequent donations.
Strengths
The following positive indicators were identified for Feed The Hungry San Miguel Inc:
- Consistent 0% officer compensation, indicating a strong commitment to mission and low administrative overhead.
- Significant and growing asset base, reaching over $3.2 million, providing financial stability.
- Generally low liabilities relative to assets, suggesting good financial management and solvency.
- Positive net assets growth over the past decade, from $254,087 in 2014 to $3,252,424 currently.
Frequently Asked Questions about Feed The Hungry San Miguel Inc
Is Feed The Hungry San Miguel Inc a good charity?
Based on the available data, Feed The Hungry San Miguel Inc appears to be a good charity. It has a strong asset base of over $3.2 million, consistently reports 0% officer compensation, and has a history of significant program activity, as evidenced by its expenses. The lack of executive compensation is a particularly strong positive indicator.
How has Feed The Hungry San Miguel Inc's financial health changed over time?
The organization's financial health has generally improved over time, with assets growing from $254,087 in 2014 to $3,252,424 currently. While revenues have fluctuated significantly year-to-year, the consistent growth in assets and the ability to manage expenses close to revenue (as seen in 202312) suggest sound financial management.
What is the trend in Feed The Hungry San Miguel Inc's revenue?
Feed The Hungry San Miguel Inc's revenue trend is highly variable, showing significant year-over-year fluctuations. For example, revenue jumped from $468,125 in 2018 to $944,522 in 2019, then to $1,944,445 in 2021, before dropping to $471,470 in 2022 and recovering to $834,546 in 2023. This suggests a reliance on grants or donations that are not consistent annually.
Filing History
IRS 990 filing history for Feed The Hungry San Miguel Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Feed The Hungry San Miguel Inc's revenue has grown by 70.3%, moving from $490K to $835K. Total assets increased by 541.5% over the same period, from $490K to $3.1M. Total functional expenses rose by 17.3%, from $708K to $830K. In its most recent filing year (2023), Feed The Hungry San Miguel Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $27K in liabilities against $3.1M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $835K | $830K | $3.1M | $27K | — | — |
| 2022 | $471K | $513K | $3.1M | $39K | — | — |
| 2021 | $1.9M | $1.4M | $3.2M | $30K | — | View 990 |
| 2020 | $947K | $1.1M | $2.7M | $33K | — | — |
| 2019 | $945K | $525K | $2.8M | $40K | — | View 990 |
| 2018 | $468K | $548K | $2.3M | $13K | — | View 990 |
| 2017 | $723K | $356K | $2.5M | $40K | — | View 990 |
| 2016 | $2.1M | $362K | $2.1M | $14K | — | View 990 |
| 2015 | $640K | $432K | $269K | $0 | — | View 990 |
| 2014 | $598K | $620K | $254K | $192K | — | View 990 |
| 2013 | $606K | $569K | $256K | $172K | — | View 990 |
| 2012 | $530K | $776K | $214K | $168K | — | View 990 |
| 2011 | $490K | $708K | $490K | $197K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $835K, expenses of $830K, and assets of $3.1M (revenue +77.0% year-over-year).
- 2022: Revenue of $471K, expenses of $513K, and assets of $3.1M (revenue -75.8% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.4M, and assets of $3.2M (revenue +105.3% year-over-year).
- 2020: Revenue of $947K, expenses of $1.1M, and assets of $2.7M (revenue +0.3% year-over-year).
- 2019: Revenue of $945K, expenses of $525K, and assets of $2.8M (revenue +101.8% year-over-year).
- 2018: Revenue of $468K, expenses of $548K, and assets of $2.3M (revenue -35.2% year-over-year).
- 2017: Revenue of $723K, expenses of $356K, and assets of $2.5M (revenue -66.2% year-over-year).
- 2016: Revenue of $2.1M, expenses of $362K, and assets of $2.1M (revenue +234.3% year-over-year).
- 2015: Revenue of $640K, expenses of $432K, and assets of $269K (revenue +7.1% year-over-year).
- 2014: Revenue of $598K, expenses of $620K, and assets of $254K (revenue -1.4% year-over-year).
- 2013: Revenue of $606K, expenses of $569K, and assets of $256K (revenue +14.4% year-over-year).
- 2012: Revenue of $530K, expenses of $776K, and assets of $214K (revenue +8.1% year-over-year).
- 2011: Revenue of $490K, expenses of $708K, and assets of $490K.
Data Sources and Methodology
This transparency report for Feed The Hungry San Miguel Inc 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.