Hispanic It Executive Council
Hispanic IT Executive Council shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 205975604 · Chicago, IL · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $2.3M |
| Transparency Score | 90/100 |
Is Hispanic It Executive Council Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hispanic It Executive Council directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hispanic It Executive Council
Hispanic It Executive Council (EIN: 205975604) is a nonprofit organization based in Chicago, IL, classified under NTEE code S41. The organization reported total revenue of $2.3M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hispanic It Executive Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hispanic It Executive Council is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 26.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$668K |
| Total Assets | $2.7M |
| Total Liabilities | $413K |
| Net Assets | $2.3M |
| Operating Margin | 20.0% |
| Debt-to-Asset Ratio | 15.1% |
| Months of Reserves | 12.3 months |
Financial Health Grade: A
In 2023, Hispanic It Executive Council reported a surplus of $668K with revenue exceeding expenses, holds 12.3 months of operating reserves (strong position), has a debt-to-asset ratio of 15.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hispanic It Executive Council's revenue has grown at a compound annual growth rate (CAGR) of 26.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +74.4% | +25.3% | +21.1% |
| 2022 | -10.3% | +33.6% | +15.5% |
| 2021 | +7.3% | +4.5% | +40.3% |
| 2020 | +48.8% | +0.5% | +55.5% |
| 2019 | +5.0% | +43.3% | -22.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hispanic It Executive Council with a Mission Score of 90 out of 100 (Excellent). 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, Hispanic It Executive Council 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $668K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either volunteer-based or compensated through non-officer channels, which is highly favorable for a nonprofit of its size with over $3 million in annual revenue.
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 Hispanic It Executive Council's IRS 990 filings:
- Occasional years with expenses exceeding revenue (e.g., 2019 and 2022), though not a consistent trend.
Strengths
The following positive indicators were identified for Hispanic It Executive Council:
- Strong and consistent revenue growth over the past decade, from $546,252 in 2014 to $3,346,046 in 2023.
- Significant growth in assets, from $39,191 in 2014 to $2,741,871 in 2023, indicating financial health and capacity.
- Consistent reporting of 0% officer compensation, suggesting efficient use of funds and potentially volunteer leadership.
- Generally positive net income, allowing for reinvestment and asset accumulation.
Frequently Asked Questions about Hispanic It Executive Council
Is Hispanic It Executive Council a legitimate charity?
Hispanic It Executive Council (EIN: 205975604) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Hispanic It Executive Council spend its money?
Hispanic It Executive Council directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hispanic It Executive Council tax-deductible?
Hispanic It Executive Council is registered as a tax-exempt nonprofit (EIN: 205975604). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hispanic It Executive Council CEO make?
Hispanic It Executive Council's highest-compensated officer earns $3 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hispanic It Executive Council's spending goes to programs?
Hispanic It Executive Council directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hispanic It Executive Council compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Hispanic It Executive Council is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hispanic It Executive Council located?
Hispanic It Executive Council is headquartered in Chicago, Illinois and files with the IRS under EIN 205975604. It is classified under NTEE code S41.
How many years of IRS 990 filings does Hispanic It Executive Council have?
Hispanic It Executive Council has 13 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 $2.3M in total revenue.
Is the Hispanic IT Executive Council financially stable?
Yes, the organization appears financially stable, demonstrating consistent revenue growth from $546,252 in 2014 to $3,346,046 in 2023, and a healthy increase in net assets from $39,191 to $2,741,871 over the same period.
How does the organization manage its expenses relative to its income?
The organization generally manages its expenses well, with revenues often exceeding expenses, as seen in 2023 where revenue was $3,346,046 and expenses were $2,678,036, contributing to asset growth. There were a few years, like 2019 and 2022, where expenses slightly exceeded revenue, but these appear to be exceptions rather than a trend.
What is the organization's approach to executive compensation?
The Hispanic IT Executive Council reports 0% officer compensation in all available filings, indicating a commitment to minimizing administrative overhead related to executive salaries and potentially relying on volunteer leadership.
Filing History
IRS 990 filing history for Hispanic It Executive Council showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hispanic It Executive Council's revenue has grown by 1588%, moving from $198K to $3.3M. Total assets increased by 7422.9% over the same period, from $36K to $2.7M. Total functional expenses rose by 1182.4%, from $209K to $2.7M. In its most recent filing year (2023), Hispanic It Executive Council reported a surplus of $668K, with revenue exceeding expenses. The organization holds $413K in liabilities against $2.7M in assets (debt-to-asset ratio: 15.1%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $2.7M | $2.7M | $413K | — | — |
| 2022 | $1.9M | $2.1M | $2.3M | $616K | — | View 990 |
| 2021 | $2.1M | $1.6M | $2.0M | $72K | — | View 990 |
| 2020 | $2.0M | $1.5M | $1.4M | $72K | — | View 990 |
| 2019 | $1.3M | $1.5M | $899K | $36K | — | View 990 |
| 2018 | $1.3M | $1.1M | $1.2M | $113K | — | View 990 |
| 2017 | $1.2M | $913K | $846K | $17K | — | View 990 |
| 2016 | $1.4M | $1.1M | $329K | $9K | — | View 990 |
| 2015 | $994K | $857K | $141K | $55K | — | View 990 |
| 2014 | $546K | $650K | $39K | $91K | — | View 990 |
| 2013 | $398K | $386K | $82K | $30K | — | View 990 |
| 2012 | $208K | $195K | $64K | $25K | — | View 990 |
| 2011 | $198K | $209K | $36K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $2.7M, and assets of $2.7M (revenue +74.4% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.1M, and assets of $2.3M (revenue -10.3% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.6M, and assets of $2.0M (revenue +7.3% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.5M, and assets of $1.4M (revenue +48.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.5M, and assets of $899K (revenue +5.0% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.1M, and assets of $1.2M (revenue +2.6% year-over-year).
- 2017: Revenue of $1.2M, expenses of $913K, and assets of $846K (revenue -8.3% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.1M, and assets of $329K (revenue +36.5% year-over-year).
- 2015: Revenue of $994K, expenses of $857K, and assets of $141K (revenue +82.0% year-over-year).
- 2014: Revenue of $546K, expenses of $650K, and assets of $39K (revenue +37.1% year-over-year).
- 2013: Revenue of $398K, expenses of $386K, and assets of $82K (revenue +92.0% year-over-year).
- 2012: Revenue of $208K, expenses of $195K, and assets of $64K (revenue +4.7% year-over-year).
- 2011: Revenue of $198K, expenses of $209K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hispanic It Executive Council:
Data Sources and Methodology
This transparency report for Hispanic It Executive Council 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.