Fundacion Hermanos De La Calle Inc
EIN: 821322053 · Key Biscayne, FL · NTEE: P20
Is Fundacion Hermanos De La Calle Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fundacion Hermanos De La Calle Inc
Fundacion Hermanos De La Calle Inc (EIN: 821322053) is a nonprofit organization based in Key Biscayne, FL, classified under NTEE code P20. The organization reported total revenue of $5.4M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fundacion Hermanos De La Calle Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fundacion Hermanos De La Calle Inc is a mid-size nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 81.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$365K |
| Total Assets | $490K |
| Total Liabilities | $62K |
| Net Assets | $428K |
| Operating Margin | 18.0% |
| Debt-to-Asset Ratio | 12.6% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2023, Fundacion Hermanos De La Calle Inc reported a surplus of $365K with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 12.6% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Fundacion Hermanos De La Calle Inc's revenue has grown at a compound annual growth rate (CAGR) of 81.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +108.7% | +54.3% | +317.6% |
| 2022 | +58.5% | +109.4% | -39.4% |
| 2021 | +45.3% | +33.4% | +103.1% |
| 2020 | +66.7% | +41.0% | +64.0% |
| 2019 | +98.5% | +166.9% | -24.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fundacion Hermanos De La Calle Inc 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 Fundacion Hermanos De La Calle Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $365K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.6%.
Frequently Asked Questions about Fundacion Hermanos De La Calle Inc
Is Fundacion Hermanos De La Calle Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fundacion Hermanos De La Calle Inc (EIN: 821322053) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fundacion Hermanos De La Calle Inc spend its money?
Detailed spending breakdown data is not yet available for Fundacion Hermanos De La Calle Inc. Check back for updated IRS 990 analysis.
Are donations to Fundacion Hermanos De La Calle Inc tax-deductible?
Fundacion Hermanos De La Calle Inc is registered as a tax-exempt nonprofit (EIN: 821322053). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Fundacion Hermanos De La Calle Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Fundacion Hermanos De La Calle Inc's revenue has grown by 3419.2%, moving from $58K to $2.0M. Total assets increased by 847.7% over the same period, from $52K to $490K. Total functional expenses rose by 27952.1%, from $6K to $1.7M. In its most recent filing year (2023), Fundacion Hermanos De La Calle Inc reported a surplus of $365K, with revenue exceeding expenses. The organization holds $62K in liabilities against $490K in assets (debt-to-asset ratio: 12.6%), resulting in net assets of $428K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.7M | $490K | $62K | — | — |
| 2022 | $973K | $1.1M | $117K | $33K | — | View 990 |
| 2021 | $614K | $515K | $194K | $3K | — | View 990 |
| 2020 | $423K | $386K | $95K | $3K | — | — |
| 2019 | $254K | $274K | $58K | $2K | — | View 990 |
| 2018 | $128K | $103K | $77K | $0 | — | View 990 |
| 2017 | $58K | $6K | $52K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.7M, and assets of $490K (revenue +108.7% year-over-year).
- 2022: Revenue of $973K, expenses of $1.1M, and assets of $117K (revenue +58.5% year-over-year).
- 2021: Revenue of $614K, expenses of $515K, and assets of $194K (revenue +45.3% year-over-year).
- 2020: Revenue of $423K, expenses of $386K, and assets of $95K (revenue +66.7% year-over-year).
- 2019: Revenue of $254K, expenses of $274K, and assets of $58K (revenue +98.5% year-over-year).
- 2018: Revenue of $128K, expenses of $103K, and assets of $77K (revenue +121.4% year-over-year).
- 2017: Revenue of $58K, expenses of $6K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fundacion Hermanos De La Calle Inc:
Data Sources and Methodology
This transparency report for Fundacion Hermanos De La Calle 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.