Florida Immigrant Coalition Inc
Florida Immigrant Coalition shows strong asset growth and zero reported officer compensation over a decade of increasing revenue.
EIN: 202123833 · Miami, FL · NTEE: R20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $3.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $8.5M |
| Transparency Score | 90/100 |
Is Florida Immigrant Coalition Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Florida Immigrant Coalition Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Florida Immigrant Coalition Inc
Florida Immigrant Coalition Inc (EIN: 202123833) is a nonprofit organization based in Miami, FL, classified under NTEE code R20. The organization reported total revenue of $5.3M and total assets of $9.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Florida Immigrant Coalition Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Florida Immigrant Coalition Inc is a mid-size nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $3.7M |
| Surplus / Deficit | +$541K |
| Total Assets | $8.7M |
| Total Liabilities | $107K |
| Net Assets | $8.5M |
| Operating Margin | 12.7% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 28.0 months |
Financial Health Grade: A
In 2023, Florida Immigrant Coalition Inc reported a surplus of $541K with revenue exceeding expenses, holds 28.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Florida Immigrant Coalition Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.5% | -2.3% | -2.9% |
| 2022 | +117.8% | +5.8% | +76.0% |
| 2021 | -41.5% | -36.6% | -11.5% |
| 2020 | +72.1% | +93.2% | +8.9% |
| 2019 | -41.1% | -3.7% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Florida Immigrant Coalition 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, Florida Immigrant Coalition 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 $541K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive indicator of financial efficiency and a strong commitment to directing all available funds towards the organization's mission, especially for an organization with annual revenues exceeding $5 million.
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.
Strengths
The following positive indicators were identified for Florida Immigrant Coalition Inc:
- Consistent 0% officer compensation, indicating high efficiency and mission focus.
- Strong and consistent asset growth, reaching $9,759,348, demonstrating financial stability.
- Revenue consistently exceeding expenses in most years, allowing for reserve building.
- Significant growth in revenue over the past decade, from $1.4M to over $5M.
- Low liabilities relative to assets in recent years, such as $107,073 in liabilities against $8,652,343 in assets in 2023.
Frequently Asked Questions about Florida Immigrant Coalition Inc
Is Florida Immigrant Coalition Inc a legitimate charity?
Florida Immigrant Coalition Inc (EIN: 202123833) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $5.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Florida Immigrant Coalition Inc spend its money?
Florida Immigrant Coalition Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Florida Immigrant Coalition Inc tax-deductible?
Florida Immigrant Coalition Inc is registered as a tax-exempt nonprofit (EIN: 202123833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Florida Immigrant Coalition Inc CEO make?
Florida Immigrant Coalition Inc's highest-compensated officer earns $5 annually. The organization reported $5.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Florida Immigrant Coalition Inc's spending goes to programs?
Florida Immigrant Coalition Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Florida Immigrant Coalition Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Florida Immigrant Coalition Inc is above average for NTEE category R20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Florida Immigrant Coalition Inc located?
Florida Immigrant Coalition Inc is headquartered in Miami, Florida and files with the IRS under EIN 202123833. It is classified under NTEE code R20.
How many years of IRS 990 filings does Florida Immigrant Coalition Inc have?
Florida Immigrant Coalition Inc has 14 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 $5.3M in total revenue.
Is Florida Immigrant Coalition Inc. financially stable?
Yes, the organization appears financially stable. It has consistently grown its assets, reaching $9,759,348, and generally maintains revenues significantly higher than expenses, as seen in 2022 with $7,535,324 in revenue against $3,800,536 in expenses.
How does the organization manage executive compensation?
The organization reports 0% officer compensation across all 14 available filings, indicating that no officers received salaries from the organization. This is an exceptional practice for maximizing funds for programmatic work.
Has the organization's revenue been consistent?
The organization has shown significant revenue growth over the past decade, from $1,486,045 in 2014 to $5,253,762 in the latest period, with some fluctuations but a clear upward trend.
What is the trend in the organization's assets?
Assets have shown a strong and consistent upward trend, growing from $660,572 in 2014 to $9,759,348 in the latest period, indicating effective financial management and accumulation of reserves.
Filing History
IRS 990 filing history for Florida Immigrant Coalition Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Florida Immigrant Coalition Inc's revenue has grown by 426.6%, moving from $808K to $4.3M. Total assets increased by 2246.1% over the same period, from $369K to $8.7M. Total functional expenses rose by 320.9%, from $882K to $3.7M. In its most recent filing year (2023), Florida Immigrant Coalition Inc reported a surplus of $541K, with revenue exceeding expenses. The organization holds $107K in liabilities against $8.7M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $8.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $3.7M | $8.7M | $107K | — | — |
| 2022 | $7.5M | $3.8M | $8.9M | $969K | — | View 990 |
| 2021 | $3.5M | $3.6M | $5.1M | $173K | — | View 990 |
| 2020 | $5.9M | $5.7M | $5.7M | $767K | — | View 990 |
| 2019 | $3.4M | $2.9M | $5.3M | $554K | — | View 990 |
| 2018 | $5.8M | $3.0M | $4.9M | $548K | — | View 990 |
| 2017 | $2.5M | $1.9M | $1.8M | $240K | — | View 990 |
| 2016 | $1.6M | $1.9M | $1.0M | $50K | — | View 990 |
| 2015 | $2.3M | $1.1M | $1.4M | $23K | — | View 990 |
| 2014 | $1.5M | $1.2M | $661K | $26K | — | View 990 |
| 2013 | $1.6M | $1.5M | $454K | $106K | — | View 990 |
| 2012 | $864K | $1.2M | $272K | $17K | — | View 990 |
| 2011 | $974K | $750K | $594K | $23K | — | View 990 |
| 2010 | $808K | $882K | $369K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $3.7M, and assets of $8.7M (revenue -43.5% year-over-year).
- 2022: Revenue of $7.5M, expenses of $3.8M, and assets of $8.9M (revenue +117.8% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.6M, and assets of $5.1M (revenue -41.5% year-over-year).
- 2020: Revenue of $5.9M, expenses of $5.7M, and assets of $5.7M (revenue +72.1% year-over-year).
- 2019: Revenue of $3.4M, expenses of $2.9M, and assets of $5.3M (revenue -41.1% year-over-year).
- 2018: Revenue of $5.8M, expenses of $3.0M, and assets of $4.9M (revenue +132.0% year-over-year).
- 2017: Revenue of $2.5M, expenses of $1.9M, and assets of $1.8M (revenue +56.5% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.9M, and assets of $1.0M (revenue -29.4% year-over-year).
- 2015: Revenue of $2.3M, expenses of $1.1M, and assets of $1.4M (revenue +53.1% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.2M, and assets of $661K (revenue -5.7% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.5M, and assets of $454K (revenue +82.3% year-over-year).
- 2012: Revenue of $864K, expenses of $1.2M, and assets of $272K (revenue -11.2% year-over-year).
- 2011: Revenue of $974K, expenses of $750K, and assets of $594K (revenue +20.5% year-over-year).
- 2010: Revenue of $808K, expenses of $882K, and assets of $369K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Florida Immigrant Coalition Inc:
Data Sources and Methodology
This transparency report for Florida Immigrant Coalition 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.