Fundacion Padre Fantino Inc
Fundacion Padre Fantino Inc experiences significant revenue decline over six years, operating with minimal assets and no officer compensation.
EIN: 200992926 · Norwalk, CT · NTEE: P60 · Updated: 2026-03-28
About Fundacion Padre Fantino Inc
Fundacion Padre Fantino Inc (EIN: 200992926) is a nonprofit organization based in Norwalk, CT, classified under NTEE code P60. The organization reported total revenue of $19K and total assets of $781 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fundacion Padre Fantino 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 Fundacion Padre Fantino Inc with a Mission Score of 65 out of 100 (Good). 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, Fundacion Padre Fantino 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a small organization.
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 Fundacion Padre Fantino Inc's IRS 990 filings:
- Significant and consistent decline in revenue over six years (from $71,909 in 2012 to $18,603 in 2018).
- Very low asset base ($781 in 2018) indicating minimal financial reserves.
- Expenses closely matching revenue in most years, potentially leaving little for growth or unexpected costs.
Strengths
The following positive indicators were identified for Fundacion Padre Fantino Inc:
- Consistent reporting of zero officer compensation, indicating a volunteer-driven or highly efficient leadership structure.
- Zero reported liabilities across all filings, suggesting good financial management regarding debt.
- Expenses generally align with revenue, indicating a balanced budget in most periods.
Frequently Asked Questions about Fundacion Padre Fantino Inc
Why has Fundacion Padre Fantino Inc's revenue declined so significantly from $71,909 in 2012 to $18,603 in 2018?
The provided data does not specify the reasons for the revenue decline, but it is a consistent trend over six years, suggesting potential challenges in fundraising, donor retention, or a change in operational scope.
What are the specific program activities that Fundacion Padre Fantino Inc engages in, given its NTEE code P60 (International, Foreign Affairs & National Security)?
The NTEE code P60 suggests activities related to international affairs, but the provided financial data does not detail specific program expenditures or activities. Further investigation into their mission statement or annual reports would be needed.
How does Fundacion Padre Fantino Inc manage to operate with such low assets and no reported officer compensation?
The low asset base and zero officer compensation suggest a very lean operation, likely relying heavily on volunteers and direct pass-through of funds for program delivery, with minimal overhead or reserves.
Filing History
IRS 990 filing history for Fundacion Padre Fantino Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2018), Fundacion Padre Fantino Inc's revenue has declined by 74.1%, moving from $72K to $19K. Total assets increased by 111.1% over the same period, from $370 to $781. Total functional expenses fell by 74.9%, from $74K to $19K. In its most recent filing year (2018), Fundacion Padre Fantino Inc reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2018 | $19K | $19K | $781 | $0 | — | View 990 |
| 2017 | $19K | $20K | $781 | $0 | — | View 990 |
| 2015 | $26K | $26K | $0 | $0 | — | View 990 |
| 2014 | $33K | $34K | $278 | $0 | — | View 990 |
| 2013 | $48K | $48K | $1K | $0 | — | View 990 |
| 2012 | $72K | $74K | $370 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $19K, expenses of $19K, and assets of $781 (revenue -2.0% year-over-year).
- 2017: Revenue of $19K, expenses of $20K, and assets of $781 (revenue -27.2% year-over-year).
- 2015: Revenue of $26K, expenses of $26K, and assets of $0 (revenue -20.1% year-over-year).
- 2014: Revenue of $33K, expenses of $34K, and assets of $278 (revenue -32.6% year-over-year).
- 2013: Revenue of $48K, expenses of $48K, and assets of $1K (revenue -32.6% year-over-year).
- 2012: Revenue of $72K, expenses of $74K, and assets of $370.
Data Sources and Methodology
This transparency report for Fundacion Padre Fantino 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.