Grupo Amigos Da Terceira Inc
EIN: 50467928 · Pawtucket, RI · NTEE: L80
| Metric | Value |
|---|---|
| Total Revenue | $63K |
| Total Expenses | $49K |
| Net Assets | $34K |
Is Grupo Amigos Da Terceira Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grupo Amigos Da Terceira Inc
Grupo Amigos Da Terceira Inc (EIN: 50467928) is a nonprofit organization based in Pawtucket, RI, classified under NTEE code L80. The organization reported total revenue of $63K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grupo Amigos Da Terceira Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grupo Amigos Da Terceira Inc is a micro nonprofit that has been operating for 2 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $48K |
| Total Expenses | $49K |
| Surplus / Deficit | $-530 |
| Total Assets | $39K |
| Total Liabilities | $4K |
| Net Assets | $34K |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 11.5% |
| Months of Reserves | 9.5 months |
Financial Health Grade: B
In 2020, Grupo Amigos Da Terceira Inc reported a deficit of $530 with expenses exceeding revenue, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 11.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2020), Grupo Amigos Da Terceira Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +1.4% | +13.7% | -1.4% |
| 2019 | -12.0% | -0.3% | +12.5% |
| 2018 | +40.3% | -4.7% | +50.4% |
| 2017 | -35.6% | -30.0% | -24.5% |
| 2016 | +31.6% | +3.4% | -14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grupo Amigos Da Terceira 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 Grupo Amigos Da Terceira 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $530, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.5%.
Frequently Asked Questions about Grupo Amigos Da Terceira Inc
Is Grupo Amigos Da Terceira Inc a legitimate charity?
Grupo Amigos Da Terceira Inc (EIN: 50467928) is a registered tax-exempt nonprofit based in Rhode Island. It has 10 years of IRS 990 filings on record. Total revenue: $63K. No red flags identified. Financial health grade: B.
How does Grupo Amigos Da Terceira Inc spend its money?
Grupo Amigos Da Terceira Inc reported $63K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Grupo Amigos Da Terceira Inc tax-deductible?
Grupo Amigos Da Terceira Inc is registered as a tax-exempt nonprofit (EIN: 50467928). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grupo Amigos Da Terceira Inc located?
Grupo Amigos Da Terceira Inc is headquartered in Pawtucket, Rhode Island and files with the IRS under EIN 50467928. It is classified under NTEE code L80.
How many years of IRS 990 filings does Grupo Amigos Da Terceira Inc have?
Grupo Amigos Da Terceira Inc has 10 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 $63K in total revenue.
Filing History
IRS 990 filing history for Grupo Amigos Da Terceira Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Grupo Amigos Da Terceira Inc's revenue has grown by 9.4%, moving from $44K to $48K. Total assets decreased by 14.3% over the same period, from $45K to $39K. Total functional expenses rose by 42.1%, from $34K to $49K. In its most recent filing year (2020), Grupo Amigos Da Terceira Inc reported a deficit of $530, with expenses exceeding revenue. The organization holds $4K in liabilities against $39K in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $34K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $48K | $49K | $39K | $4K | — | View 990 |
| 2019 | $48K | $43K | $39K | $4K | — | View 990 |
| 2018 | $54K | $43K | $35K | $5K | — | View 990 |
| 2017 | $39K | $45K | $23K | $4K | — | — |
| 2016 | $60K | $65K | $31K | $5K | — | View 990 |
| 2015 | $46K | $62K | $36K | $6K | — | View 990 |
| 2014 | $59K | $37K | $48K | $721 | — | View 990 |
| 2013 | $38K | $47K | $27K | $977 | — | View 990 |
| 2012 | $30K | $36K | $36K | $0 | — | — |
| 2011 | $44K | $34K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $48K, expenses of $49K, and assets of $39K (revenue +1.4% year-over-year).
- 2019: Revenue of $48K, expenses of $43K, and assets of $39K (revenue -12.0% year-over-year).
- 2018: Revenue of $54K, expenses of $43K, and assets of $35K (revenue +40.3% year-over-year).
- 2017: Revenue of $39K, expenses of $45K, and assets of $23K (revenue -35.6% year-over-year).
- 2016: Revenue of $60K, expenses of $65K, and assets of $31K (revenue +31.6% year-over-year).
- 2015: Revenue of $46K, expenses of $62K, and assets of $36K (revenue -22.5% year-over-year).
- 2014: Revenue of $59K, expenses of $37K, and assets of $48K (revenue +56.1% year-over-year).
- 2013: Revenue of $38K, expenses of $47K, and assets of $27K (revenue +25.7% year-over-year).
- 2012: Revenue of $30K, expenses of $36K, and assets of $36K (revenue -32.2% year-over-year).
- 2011: Revenue of $44K, expenses of $34K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grupo Amigos Da Terceira Inc:
Data Sources and Methodology
This transparency report for Grupo Amigos Da Terceira 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.