Friends Of Hoja Nueva
EIN: 474323459 · Bainbridge Is, WA · NTEE: C34
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $375K |
| Net Assets | $97K |
Is Friends Of Hoja Nueva Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of Hoja Nueva
Friends Of Hoja Nueva (EIN: 474323459) is a nonprofit organization based in Bainbridge Is, WA, classified under NTEE code C34. The organization reported total revenue of $2.9M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Hoja Nueva's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Hoja Nueva is a mid-size nonprofit that has been operating for 11 years, with 4 years of IRS 990 filings on record (2021–2024). Revenue has grown at a compound annual rate of 44.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $319K |
| Total Expenses | $375K |
| Surplus / Deficit | $-55,657 |
| Total Assets | $101K |
| Total Liabilities | $4K |
| Net Assets | $97K |
| Operating Margin | -17.4% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2024, Friends Of Hoja Nueva reported a deficit of $56K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 4 years of filings (2021–2024), Friends Of Hoja Nueva's revenue has grown at a compound annual growth rate (CAGR) of 44.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -38.2% | +68.9% | -81.5% |
| 2023 | +167.5% | +474.7% | +116.9% |
| 2022 | +83.4% | +27.4% | +164.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of Hoja Nueva 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 Friends Of Hoja Nueva 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $56K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.3%.
Frequently Asked Questions about Friends Of Hoja Nueva
Is Friends Of Hoja Nueva a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Hoja Nueva (EIN: 474323459) insufficient data. 0 red flags identified, 0 strengths noted.
How does Friends Of Hoja Nueva spend its money?
Detailed spending breakdown data is not yet available for Friends Of Hoja Nueva. Check back for updated IRS 990 analysis.
Are donations to Friends Of Hoja Nueva tax-deductible?
Friends Of Hoja Nueva is registered as a tax-exempt nonprofit (EIN: 474323459). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of Hoja Nueva located?
Friends Of Hoja Nueva is headquartered in Bainbridge Is, Washington and files with the IRS under EIN 474323459. It is classified under NTEE code C34.
How many years of IRS 990 filings does Friends Of Hoja Nueva have?
Friends Of Hoja Nueva has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.9M in total revenue.
Filing History
IRS 990 filing history for Friends Of Hoja Nueva showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2021–2024), Friends Of Hoja Nueva's revenue has grown by 203.2%, moving from $105K to $319K. Total assets increased by 6.4% over the same period, from $95K to $101K. Total functional expenses rose by 1136.1%, from $30K to $375K. In its most recent filing year (2024), Friends Of Hoja Nueva reported a deficit of $56K, with expenses exceeding revenue. The organization holds $4K in liabilities against $101K in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $97K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $319K | $375K | $101K | $4K | — | View 990 |
| 2023 | $517K | $222K | $546K | $1K | — | View 990 |
| 2022 | $193K | $39K | $252K | $2K | — | View 990 |
| 2021 | $105K | $30K | $95K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $319K, expenses of $375K, and assets of $101K (revenue -38.2% year-over-year).
- 2023: Revenue of $517K, expenses of $222K, and assets of $546K (revenue +167.5% year-over-year).
- 2022: Revenue of $193K, expenses of $39K, and assets of $252K (revenue +83.4% year-over-year).
- 2021: Revenue of $105K, expenses of $30K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Hoja Nueva:
Data Sources and Methodology
This transparency report for Friends Of Hoja Nueva 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.