Hispanic Outreach Program Of Goodhue County
EIN: 264467878 · Red Wing, MN · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $677K |
| Total Expenses | $604K |
| Net Assets | $500K |
Is Hispanic Outreach Program Of Goodhue County Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hispanic Outreach Program Of Goodhue County
Hispanic Outreach Program Of Goodhue County (EIN: 264467878) is a nonprofit organization based in Red Wing, MN, classified under NTEE code A23. The organization reported total revenue of $677K and total assets of $956K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hispanic Outreach Program Of Goodhue County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hispanic Outreach Program Of Goodhue County is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of 26.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $614K |
| Total Expenses | $604K |
| Surplus / Deficit | +$10K |
| Total Assets | $618K |
| Total Liabilities | $118K |
| Net Assets | $500K |
| Operating Margin | 1.7% |
| Debt-to-Asset Ratio | 19.1% |
| Months of Reserves | 12.3 months |
Financial Health Grade: A
In 2024, Hispanic Outreach Program Of Goodhue County reported a surplus of $10K with revenue exceeding expenses, holds 12.3 months of operating reserves (strong position), has a debt-to-asset ratio of 19.1% (very low leverage).
Financial Trends
Over 12 years of filings (2013–2024), Hispanic Outreach Program Of Goodhue County's revenue has grown at a compound annual growth rate (CAGR) of 26.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +44.7% | +40.7% | -0.9% |
| 2023 | +14.7% | +27.7% | +26.2% |
| 2022 | -22.2% | +13.6% | +1.7% |
| 2021 | +18.7% | +6.9% | +56.5% |
| 2020 | +79.5% | +50.9% | +91.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hispanic Outreach Program Of Goodhue County 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 Outreach Program Of Goodhue County 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.1%.
Frequently Asked Questions about Hispanic Outreach Program Of Goodhue County
Is Hispanic Outreach Program Of Goodhue County a legitimate charity?
Based on AI analysis of IRS 990 filings, Hispanic Outreach Program Of Goodhue County (EIN: 264467878) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hispanic Outreach Program Of Goodhue County spend its money?
Detailed spending breakdown data is not yet available for Hispanic Outreach Program Of Goodhue County. Check back for updated IRS 990 analysis.
Are donations to Hispanic Outreach Program Of Goodhue County tax-deductible?
Hispanic Outreach Program Of Goodhue County is registered as a tax-exempt nonprofit (EIN: 264467878). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hispanic Outreach Program Of Goodhue County located?
Hispanic Outreach Program Of Goodhue County is headquartered in Red Wing, Minnesota and files with the IRS under EIN 264467878. It is classified under NTEE code A23.
How many years of IRS 990 filings does Hispanic Outreach Program Of Goodhue County have?
Hispanic Outreach Program Of Goodhue County 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 $677K in total revenue.
Filing History
IRS 990 filing history for Hispanic Outreach Program Of Goodhue County showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2024), Hispanic Outreach Program Of Goodhue County's revenue has grown by 1206.1%, moving from $47K to $614K. Total assets increased by 3901.6% over the same period, from $15K to $618K. Total functional expenses rose by 1755%, from $33K to $604K. In its most recent filing year (2024), Hispanic Outreach Program Of Goodhue County reported a surplus of $10K, with revenue exceeding expenses. The organization holds $118K in liabilities against $618K in assets (debt-to-asset ratio: 19.1%), resulting in net assets of $500K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $614K | $604K | $618K | $118K | — | — |
| 2023 | $425K | $429K | $623K | $137K | — | View 990 |
| 2022 | $370K | $336K | $494K | $6K | — | View 990 |
| 2021 | $476K | $296K | $486K | $32K | — | View 990 |
| 2020 | $401K | $277K | $310K | $37K | — | View 990 |
| 2019 | $223K | $183K | $162K | $12K | — | View 990 |
| 2018 | $199K | $164K | $112K | $2K | — | View 990 |
| 2017 | $142K | $113K | $77K | $2K | — | View 990 |
| 2016 | $122K | $92K | $47K | $2K | — | View 990 |
| 2015 | $74K | $75K | $16K | $1K | — | View 990 |
| 2014 | $74K | $73K | $17K | $1K | — | View 990 |
| 2013 | $47K | $33K | $15K | $964 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $614K, expenses of $604K, and assets of $618K (revenue +44.7% year-over-year).
- 2023: Revenue of $425K, expenses of $429K, and assets of $623K (revenue +14.7% year-over-year).
- 2022: Revenue of $370K, expenses of $336K, and assets of $494K (revenue -22.2% year-over-year).
- 2021: Revenue of $476K, expenses of $296K, and assets of $486K (revenue +18.7% year-over-year).
- 2020: Revenue of $401K, expenses of $277K, and assets of $310K (revenue +79.5% year-over-year).
- 2019: Revenue of $223K, expenses of $183K, and assets of $162K (revenue +12.5% year-over-year).
- 2018: Revenue of $199K, expenses of $164K, and assets of $112K (revenue +39.5% year-over-year).
- 2017: Revenue of $142K, expenses of $113K, and assets of $77K (revenue +16.7% year-over-year).
- 2016: Revenue of $122K, expenses of $92K, and assets of $47K (revenue +64.1% year-over-year).
- 2015: Revenue of $74K, expenses of $75K, and assets of $16K (revenue +0.7% year-over-year).
- 2014: Revenue of $74K, expenses of $73K, and assets of $17K (revenue +57.0% year-over-year).
- 2013: Revenue of $47K, expenses of $33K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hispanic Outreach Program Of Goodhue County:
Data Sources and Methodology
This transparency report for Hispanic Outreach Program Of Goodhue County 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.