Iesa Foundation
Iesa Foundation maintains assets while managing significant liabilities and fluctuating revenue.
EIN: 133651419 · Coral Gables, FL · Updated: 2026-03-28
Is Iesa Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iesa Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Iesa Foundation
Iesa Foundation (EIN: 133651419) is a nonprofit organization based in Coral Gables, FL. The organization reported total revenue of $699K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iesa Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iesa Foundation is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $482K |
| Total Expenses | $441K |
| Surplus / Deficit | +$41K |
| Total Assets | $2.6M |
| Total Liabilities | $1.7M |
| Net Assets | $872K |
| Operating Margin | 8.6% |
| Debt-to-Asset Ratio | 66.5% |
| Months of Reserves | 70.7 months |
Financial Health Grade: A
In 2023, Iesa Foundation reported a surplus of $41K with revenue exceeding expenses, holds 70.7 months of operating reserves (strong position), has a debt-to-asset ratio of 66.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Iesa Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +88.6% | -16.0% | -4.6% |
| 2022 | +7.7% | +86.9% | -7.3% |
| 2021 | +0.7% | +22.1% | -12.2% |
| 2020 | -44.5% | -36.9% | +5.5% |
| 2019 | +112.3% | +52.5% | +5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Iesa Foundation 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Iesa Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 66.5%.
Executive Compensation Analysis
The Iesa Foundation consistently reports 0% officer compensation across all provided filings, indicating that no salaries or other compensation are paid to its officers, which is a strong positive for donor perception.
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 Iesa Foundation's IRS 990 filings:
- High and increasing liabilities relative to assets, reaching $1,727,033 in 2023 against $2,598,816 in assets.
- Significant year-over-year revenue volatility, making financial planning potentially challenging.
Strengths
The following positive indicators were identified for Iesa Foundation:
- Consistent reporting of 0% officer compensation, indicating no executive salaries are paid.
- Maintained substantial asset base, with assets at $2,780,403 in the latest period.
- Generally positive net income in recent years (e.g., $41,241 in 2023).
Frequently Asked Questions about Iesa Foundation
Is Iesa Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Iesa Foundation (EIN: 133651419) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Iesa Foundation spend its money?
Iesa Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Iesa Foundation tax-deductible?
Iesa Foundation is registered as a tax-exempt nonprofit (EIN: 133651419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Iesa Foundation a good charity?
Based on the provided data, Iesa Foundation appears to manage its finances without paying officer compensation, which is a positive. However, a full assessment of 'good' requires more detailed expense breakdowns (program vs. admin/fundraising) and understanding of their mission impact, which isn't fully available here. The high liabilities are a point of concern.
What is the trend in Iesa Foundation's liabilities?
Iesa Foundation's liabilities have shown a significant upward trend over the past decade, increasing from $191,621 in 2014 to $1,727,033 in 2023, peaking at $2,200,072 in 2020. This consistent increase in liabilities relative to assets warrants further investigation.
How stable is Iesa Foundation's revenue?
Iesa Foundation's revenue has been highly unstable, fluctuating significantly year-to-year. For example, revenue dropped from $985,622 in 2014 to $199,913 in 2018, then rose to $482,301 in 2023. This volatility could impact long-term program planning and financial predictability.
Filing History
IRS 990 filing history for Iesa Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Iesa Foundation's revenue has grown by 65%, moving from $292K to $482K. Total assets increased by 58.2% over the same period, from $1.6M to $2.6M. Total functional expenses rose by 14.6%, from $385K to $441K. In its most recent filing year (2023), Iesa Foundation reported a surplus of $41K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $2.6M in assets (debt-to-asset ratio: 66.5%), resulting in net assets of $872K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $482K | $441K | $2.6M | $1.7M | — | — |
| 2022 | $256K | $525K | $2.7M | $1.9M | — | View 990 |
| 2021 | $237K | $281K | $2.9M | $1.8M | — | View 990 |
| 2020 | $236K | $230K | $3.3M | $2.2M | — | View 990 |
| 2019 | $424K | $365K | $3.2M | $2.0M | — | View 990 |
| 2018 | $200K | $239K | $3.0M | $1.9M | — | View 990 |
| 2017 | $833K | $831K | $3.0M | $1.9M | — | View 990 |
| 2016 | $481K | $392K | $2.8M | $1.5M | — | View 990 |
| 2015 | $406K | $334K | $2.1M | $906K | — | View 990 |
| 2014 | $986K | $274K | $1.3M | $192K | — | View 990 |
| 2013 | $164K | $241K | $1.3M | $922K | — | View 990 |
| 2012 | $22K | $226K | $1.5M | $1.2M | — | View 990 |
| 2011 | $292K | $385K | $1.6M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $482K, expenses of $441K, and assets of $2.6M (revenue +88.6% year-over-year).
- 2022: Revenue of $256K, expenses of $525K, and assets of $2.7M (revenue +7.7% year-over-year).
- 2021: Revenue of $237K, expenses of $281K, and assets of $2.9M (revenue +0.7% year-over-year).
- 2020: Revenue of $236K, expenses of $230K, and assets of $3.3M (revenue -44.5% year-over-year).
- 2019: Revenue of $424K, expenses of $365K, and assets of $3.2M (revenue +112.3% year-over-year).
- 2018: Revenue of $200K, expenses of $239K, and assets of $3.0M (revenue -76.0% year-over-year).
- 2017: Revenue of $833K, expenses of $831K, and assets of $3.0M (revenue +73.3% year-over-year).
- 2016: Revenue of $481K, expenses of $392K, and assets of $2.8M (revenue +18.3% year-over-year).
- 2015: Revenue of $406K, expenses of $334K, and assets of $2.1M (revenue -58.8% year-over-year).
- 2014: Revenue of $986K, expenses of $274K, and assets of $1.3M (revenue +501.9% year-over-year).
- 2013: Revenue of $164K, expenses of $241K, and assets of $1.3M (revenue +635.6% year-over-year).
- 2012: Revenue of $22K, expenses of $226K, and assets of $1.5M (revenue -92.4% year-over-year).
- 2011: Revenue of $292K, expenses of $385K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iesa Foundation:
Data Sources and Methodology
This transparency report for Iesa Foundation 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.