Hispanos Unidos De Buffalo Incorporated
Hispanos Unidos De Buffalo shows consistent growth but faces recurring deficits in recent years.
EIN: 161243094 · Buffalo, NY · NTEE: P840 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $4.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $633K |
| Transparency Score | 75/100 |
Is Hispanos Unidos De Buffalo Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hispanos Unidos De Buffalo Incorporated directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hispanos Unidos De Buffalo Incorporated
Hispanos Unidos De Buffalo Incorporated (EIN: 161243094) is a nonprofit organization based in Buffalo, NY, classified under NTEE code P840. The organization reported total revenue of $5.4M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hispanos Unidos De Buffalo Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hispanos Unidos De Buffalo Incorporated is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $4.5M |
| Surplus / Deficit | $-688,417 |
| Total Assets | $2.1M |
| Total Liabilities | $1.5M |
| Net Assets | $633K |
| Operating Margin | -18.2% |
| Debt-to-Asset Ratio | 70.5% |
| Months of Reserves | 5.8 months |
Financial Health Grade: C
In 2023, Hispanos Unidos De Buffalo Incorporated reported a deficit of $688K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 70.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hispanos Unidos De Buffalo Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | +16.8% | -22.1% |
| 2022 | -0.1% | +2.7% | +36.4% |
| 2021 | +17.1% | +20.7% | -0.8% |
| 2020 | +23.9% | +22.3% | +8.8% |
| 2019 | +13.5% | +15.2% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Hispanos Unidos De Buffalo Incorporated with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Hispanos Unidos De Buffalo Incorporated allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $688K, with expenses exceeding revenue.
- Debt-to-asset ratio: 70.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive sign of financial transparency and a commitment to directing funds towards programmatic activities rather than executive salaries, especially for an organization with revenues exceeding $3 million annually.
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 Hispanos Unidos De Buffalo Incorporated's IRS 990 filings:
- Expenses exceeded revenue in the latest filing (2023) by $688,417, indicating a deficit.
- Recurring deficits in recent years (2023, 2022, 2021) suggest a potential pattern of spending exceeding income.
Strengths
The following positive indicators were identified for Hispanos Unidos De Buffalo Incorporated:
- Consistent and significant revenue growth over the past decade, from $950,225 in 2014 to $3,774,246 in 2023.
- Zero officer compensation reported across all filings, indicating high transparency and mission-focused resource allocation.
- Growing asset base, increasing from $1,150,350 in 2014 to $2,146,440 in 2023, enhancing long-term capacity.
- Long filing history (13 filings) demonstrates consistent compliance and transparency.
Frequently Asked Questions about Hispanos Unidos De Buffalo Incorporated
Is Hispanos Unidos De Buffalo Incorporated a legitimate charity?
Hispanos Unidos De Buffalo Incorporated (EIN: 161243094) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.4M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Hispanos Unidos De Buffalo Incorporated spend its money?
Hispanos Unidos De Buffalo Incorporated directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hispanos Unidos De Buffalo Incorporated tax-deductible?
Hispanos Unidos De Buffalo Incorporated is registered as a tax-exempt nonprofit (EIN: 161243094). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hispanos Unidos De Buffalo Incorporated CEO make?
Hispanos Unidos De Buffalo Incorporated's highest-compensated officer earns $3 annually. The organization reported $5.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hispanos Unidos De Buffalo Incorporated's spending goes to programs?
Hispanos Unidos De Buffalo Incorporated directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hispanos Unidos De Buffalo Incorporated compare to similar nonprofits?
With a transparency score of 75/100 (Good), Hispanos Unidos De Buffalo Incorporated is above average for NTEE category P840 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hispanos Unidos De Buffalo Incorporated located?
Hispanos Unidos De Buffalo Incorporated is headquartered in Buffalo, New York and files with the IRS under EIN 161243094. It is classified under NTEE code P840.
How many years of IRS 990 filings does Hispanos Unidos De Buffalo Incorporated have?
Hispanos Unidos De Buffalo Incorporated 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 $5.4M in total revenue.
Is Hispanos Unidos De Buffalo Incorporated financially stable?
While the organization has shown significant revenue and asset growth over the past decade, it has experienced periods where expenses exceeded revenue, notably in 2023 ($4,462,663 expenses vs. $3,774,246 revenue) and 2022 ($3,820,161 expenses vs. $3,696,774 revenue). This trend suggests potential challenges in maintaining financial stability if not addressed.
How has the organization's revenue changed over time?
Hispanos Unidos De Buffalo Incorporated has demonstrated strong revenue growth, increasing from $950,225 in 2014 to $3,774,246 in 2023, indicating expanding operations and support.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, which is a strong indicator of transparency and a commitment to allocating resources directly to its mission rather than executive salaries.
Are the organization's assets growing?
Yes, the organization's assets have shown consistent growth, increasing from $1,150,350 in 2014 to $2,146,440 in 2023, demonstrating an increase in its financial capacity.
Filing History
IRS 990 filing history for Hispanos Unidos De Buffalo Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hispanos Unidos De Buffalo Incorporated's revenue has grown by 259%, moving from $1.1M to $3.8M. Total assets increased by 93.2% over the same period, from $1.1M to $2.1M. Total functional expenses rose by 252.1%, from $1.3M to $4.5M. In its most recent filing year (2023), Hispanos Unidos De Buffalo Incorporated reported a deficit of $688K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $2.1M in assets (debt-to-asset ratio: 70.5%), resulting in net assets of $633K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $4.5M | $2.1M | $1.5M | — | — |
| 2022 | $3.7M | $3.8M | $2.8M | $1.5M | — | View 990 |
| 2021 | $3.7M | $3.7M | $2.0M | $597K | — | View 990 |
| 2020 | $3.2M | $3.1M | $2.0M | $596K | — | View 990 |
| 2019 | $2.5M | $2.5M | $1.9M | $508K | — | View 990 |
| 2018 | $2.2M | $2.2M | $1.9M | $564K | — | View 990 |
| 2017 | $2.1M | $2.0M | $1.8M | $497K | — | View 990 |
| 2016 | $1.7M | $1.7M | $1.4M | $1.3M | — | View 990 |
| 2015 | $1.1M | $1.1M | $1.3M | $1.1M | — | View 990 |
| 2014 | $950K | $999K | $1.2M | $1.0M | — | View 990 |
| 2013 | $852K | $980K | $1.1M | $878K | — | View 990 |
| 2012 | $769K | $940K | $1.0M | $702K | — | View 990 |
| 2011 | $1.1M | $1.3M | $1.1M | $623K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $4.5M, and assets of $2.1M (revenue +2.1% year-over-year).
- 2022: Revenue of $3.7M, expenses of $3.8M, and assets of $2.8M (revenue -0.1% year-over-year).
- 2021: Revenue of $3.7M, expenses of $3.7M, and assets of $2.0M (revenue +17.1% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.1M, and assets of $2.0M (revenue +23.9% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.5M, and assets of $1.9M (revenue +13.5% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.2M, and assets of $1.9M (revenue +8.8% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.0M, and assets of $1.8M (revenue +24.4% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $1.4M (revenue +45.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $1.3M (revenue +20.3% year-over-year).
- 2014: Revenue of $950K, expenses of $999K, and assets of $1.2M (revenue +11.5% year-over-year).
- 2013: Revenue of $852K, expenses of $980K, and assets of $1.1M (revenue +10.8% year-over-year).
- 2012: Revenue of $769K, expenses of $940K, and assets of $1.0M (revenue -26.9% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.3M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hispanos Unidos De Buffalo Incorporated:
Data Sources and Methodology
This transparency report for Hispanos Unidos De Buffalo Incorporated 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.