Finca Vigia Foundation Inc
Finca Vigia Foundation maintains stable finances with no officer compensation, despite past deficits.
EIN: 10660817 · Boston, MA · NTEE: A80 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $368K |
| Total Expenses | $188K |
| Program Spending | 85% |
| Net Assets | $110K |
| Transparency Score | 90/100 |
Is Finca Vigia Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Finca Vigia Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Finca Vigia Foundation Inc
Finca Vigia Foundation Inc (EIN: 10660817) is a nonprofit organization based in Boston, MA, classified under NTEE code A80. The organization reported total revenue of $368K and total assets of $244K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Finca Vigia Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Finca Vigia Foundation Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $188K |
| Surplus / Deficit | +$11K |
| Total Assets | $118K |
| Total Liabilities | $8K |
| Net Assets | $110K |
| Operating Margin | 5.4% |
| Debt-to-Asset Ratio | 6.7% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2023, Finca Vigia Foundation Inc reported a surplus of $11K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Finca Vigia Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.8% | -0.2% | +18.8% |
| 2022 | -7.1% | +13.3% | +5.3% |
| 2021 | +68.5% | +33.3% | +95.5% |
| 2020 | -16.7% | -53.9% | +0.4% |
| 2019 | -46.7% | -27.8% | -71.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Finca Vigia Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Finca Vigia Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not paid, which is highly commendable and suggests a volunteer-led organization. This practice maximizes the funds available for programmatic activities.
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 Finca Vigia Foundation Inc's IRS 990 filings:
- Significant historical deficits in 2017 ($240,096) and 2018 ($93,933) where expenses substantially exceeded revenue.
Strengths
The following positive indicators were identified for Finca Vigia Foundation Inc:
- Consistent 0% officer compensation, indicating a volunteer-led model and high efficiency.
- Recent financial stability with revenues covering expenses (e.g., 2023 revenue $199,175 vs. expenses $188,327).
- Growing asset base in recent years, from $48,367 in 2020 to $118,276 in 2023.
- Strong program focus implied by the lack of executive compensation, directing more funds to mission.
Frequently Asked Questions about Finca Vigia Foundation Inc
Is Finca Vigia Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Finca Vigia Foundation Inc (EIN: 10660817) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Finca Vigia Foundation Inc spend its money?
Finca Vigia Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Finca Vigia Foundation Inc tax-deductible?
Finca Vigia Foundation Inc is registered as a tax-exempt nonprofit (EIN: 10660817). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Finca Vigia Foundation Inc's spending goes to programs?
Finca Vigia Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Finca Vigia Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Finca Vigia Foundation Inc is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Finca Vigia Foundation Inc located?
Finca Vigia Foundation Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 10660817. It is classified under NTEE code A80.
How many years of IRS 990 filings does Finca Vigia Foundation Inc have?
Finca Vigia Foundation Inc 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 $368K in total revenue.
Is Finca Vigia Foundation Inc. financially stable?
Yes, in recent years (2020-2023), the organization has shown financial stability with revenues generally covering expenses and growing assets. However, there were periods of significant deficits in earlier years (e.g., 2017 and 2018) that suggest some historical financial volatility.
How does Finca Vigia Foundation Inc. manage executive compensation?
The Finca Vigia Foundation Inc. reports 0% officer compensation across all 13 available filings, indicating that its leadership is entirely volunteer-based, which is a strong positive for efficiency and mission focus.
What is the trend in the organization's assets?
After a period of decline from a high of $502,943 in 2016 to $48,153 in 2019, the organization's assets have shown consistent growth, increasing from $48,367 in 2020 to $118,276 in 2023.
Filing History
IRS 990 filing history for Finca Vigia Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Finca Vigia Foundation Inc's revenue has grown by 103.8%, moving from $98K to $199K. Total assets decreased by 28.6% over the same period, from $166K to $118K. Total functional expenses rose by 72.4%, from $109K to $188K. In its most recent filing year (2023), Finca Vigia Foundation Inc reported a surplus of $11K, with revenue exceeding expenses. The organization holds $8K in liabilities against $118K in assets (debt-to-asset ratio: 6.7%), resulting in net assets of $110K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $199K | $188K | $118K | $8K | — | — |
| 2022 | $196K | $189K | $100K | $0 | — | View 990 |
| 2021 | $211K | $166K | $95K | $2K | — | View 990 |
| 2020 | $125K | $125K | $48K | $0 | — | — |
| 2019 | $150K | $271K | $48K | $0 | — | View 990 |
| 2018 | $281K | $375K | $169K | $0 | — | View 990 |
| 2017 | $311K | $551K | $263K | $0 | — | View 990 |
| 2016 | $474K | $407K | $503K | $0 | — | View 990 |
| 2015 | $441K | $158K | $436K | $154 | — | View 990 |
| 2014 | $196K | $125K | $154K | $154 | — | View 990 |
| 2013 | $103K | $147K | $83K | $154 | — | View 990 |
| 2012 | $150K | $152K | $127K | $154 | — | View 990 |
| 2011 | $98K | $109K | $166K | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $199K, expenses of $188K, and assets of $118K (revenue +1.8% year-over-year).
- 2022: Revenue of $196K, expenses of $189K, and assets of $100K (revenue -7.1% year-over-year).
- 2021: Revenue of $211K, expenses of $166K, and assets of $95K (revenue +68.5% year-over-year).
- 2020: Revenue of $125K, expenses of $125K, and assets of $48K (revenue -16.7% year-over-year).
- 2019: Revenue of $150K, expenses of $271K, and assets of $48K (revenue -46.7% year-over-year).
- 2018: Revenue of $281K, expenses of $375K, and assets of $169K (revenue -9.5% year-over-year).
- 2017: Revenue of $311K, expenses of $551K, and assets of $263K (revenue -34.4% year-over-year).
- 2016: Revenue of $474K, expenses of $407K, and assets of $503K (revenue +7.5% year-over-year).
- 2015: Revenue of $441K, expenses of $158K, and assets of $436K (revenue +124.8% year-over-year).
- 2014: Revenue of $196K, expenses of $125K, and assets of $154K (revenue +90.0% year-over-year).
- 2013: Revenue of $103K, expenses of $147K, and assets of $83K (revenue -31.1% year-over-year).
- 2012: Revenue of $150K, expenses of $152K, and assets of $127K (revenue +53.2% year-over-year).
- 2011: Revenue of $98K, expenses of $109K, and assets of $166K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Finca Vigia Foundation Inc:
Data Sources and Methodology
This transparency report for Finca Vigia Foundation 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.