Hispanic American Insitute Inc
EIN: 43384470 · Rio Rancho, NM · NTEE: P84
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Net Assets | $183K |
Is Hispanic American Insitute Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hispanic American Insitute Inc
Hispanic American Insitute Inc (EIN: 43384470) is a nonprofit organization based in Rio Rancho, NM, classified under NTEE code P84. The organization reported total revenue of $1.5M and total assets of $282K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hispanic American Insitute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hispanic American Insitute Inc is a mid-size nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 93.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-100,085 |
| Total Assets | $292K |
| Total Liabilities | $109K |
| Net Assets | $183K |
| Operating Margin | -7.1% |
| Debt-to-Asset Ratio | 37.3% |
| Months of Reserves | 2.3 months |
Financial Health Grade: C
In 2023, Hispanic American Insitute Inc reported a deficit of $100K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 37.3% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Hispanic American Insitute Inc's revenue has grown at a compound annual growth rate (CAGR) of 93.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.5% | -14.9% | -39.1% |
| 2022 | +105.3% | +118.3% | +119.1% |
| 2021 | +39.0% | +42.2% | +105.5% |
| 2020 | +1.8% | -14.5% | +490.8% |
| 2019 | +107.2% | +86.8% | -29.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hispanic American Insitute 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 Hispanic American Insitute 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 deficit of $100K, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.3%.
Frequently Asked Questions about Hispanic American Insitute Inc
Is Hispanic American Insitute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hispanic American Insitute Inc (EIN: 43384470) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hispanic American Insitute Inc spend its money?
Detailed spending breakdown data is not yet available for Hispanic American Insitute Inc. Check back for updated IRS 990 analysis.
Are donations to Hispanic American Insitute Inc tax-deductible?
Hispanic American Insitute Inc is registered as a tax-exempt nonprofit (EIN: 43384470). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hispanic American Insitute Inc located?
Hispanic American Insitute Inc is headquartered in Rio Rancho, New Mexico and files with the IRS under EIN 43384470. It is classified under NTEE code P84.
How many years of IRS 990 filings does Hispanic American Insitute Inc have?
Hispanic American Insitute Inc has 12 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Hispanic American Insitute Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Hispanic American Insitute Inc's revenue has grown by 281719.2%, moving from $500 to $1.4M. Total functional expenses rose by 301736.2%, from $500 to $1.5M. In its most recent filing year (2023), Hispanic American Insitute Inc reported a deficit of $100K, with expenses exceeding revenue. The organization holds $109K in liabilities against $292K in assets (debt-to-asset ratio: 37.3%), resulting in net assets of $183K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.5M | $292K | $109K | — | — |
| 2022 | $1.9M | $1.8M | $480K | $196K | — | View 990 |
| 2021 | $921K | $813K | $219K | $54K | — | View 990 |
| 2020 | $663K | $571K | $107K | $50K | — | — |
| 2019 | $651K | $669K | $18K | $54K | — | View 990 |
| 2018 | $314K | $358K | $26K | $53K | — | View 990 |
| 2017 | $83K | $92K | $470K | $20K | — | View 990 |
| 2016 | $115K | $113K | $10K | $1K | — | View 990 |
| 2015 | $15K | $8K | $7K | $439 | — | View 990 |
| 2014 | $4K | $4K | $500 | $0 | — | View 990 |
| 2013 | $200 | $200 | $1 | $200 | — | View 990 |
| 2011 | $500 | $500 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.5M, and assets of $292K (revenue -25.5% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.8M, and assets of $480K (revenue +105.3% year-over-year).
- 2021: Revenue of $921K, expenses of $813K, and assets of $219K (revenue +39.0% year-over-year).
- 2020: Revenue of $663K, expenses of $571K, and assets of $107K (revenue +1.8% year-over-year).
- 2019: Revenue of $651K, expenses of $669K, and assets of $18K (revenue +107.2% year-over-year).
- 2018: Revenue of $314K, expenses of $358K, and assets of $26K (revenue +279.1% year-over-year).
- 2017: Revenue of $83K, expenses of $92K, and assets of $470K (revenue -27.9% year-over-year).
- 2016: Revenue of $115K, expenses of $113K, and assets of $10K (revenue +689.8% year-over-year).
- 2015: Revenue of $15K, expenses of $8K, and assets of $7K (revenue +264.1% year-over-year).
- 2014: Revenue of $4K, expenses of $4K, and assets of $500 (revenue +1900.0% year-over-year).
- 2013: Revenue of $200, expenses of $200, and assets of $1 (revenue -60.0% year-over-year).
- 2011: Revenue of $500, expenses of $500, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hispanic American Insitute Inc:
Data Sources and Methodology
This transparency report for Hispanic American Insitute 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.