Los Cabos Childrens Foundation
Los Cabos Childrens Foundation reports strong financial growth and zero officer compensation in latest filing.
EIN: 202882711 · Eagan, MN · NTEE: P30 · Updated: 2026-03-28
About Los Cabos Childrens Foundation
Los Cabos Childrens Foundation (EIN: 202882711) is a nonprofit organization based in Eagan, MN, classified under NTEE code P30. The organization reported total revenue of $3.5M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Los Cabos Childrens Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Los Cabos Childrens Foundation 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, Los Cabos Childrens Foundation 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly commendable and suggests a strong volunteer-driven leadership or a commitment to directing all funds to programmatic activities.
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.
Strengths
The following positive indicators were identified for Los Cabos Childrens Foundation:
- Strong financial growth in recent years, with 2023 revenue at $3,833,550 and assets at $4,019,204.
- Consistent reporting of 0% officer compensation across all filings, indicating high transparency and dedication of funds to mission.
- Healthy asset-to-liability ratio, demonstrating strong financial stability (e.g., 2023 assets $4,019,204 vs. liabilities $93,943).
- Efficient spending in 2023, with expenses ($1,683,889) significantly lower than revenue ($3,833,550), leading to a substantial surplus.
Frequently Asked Questions about Los Cabos Childrens Foundation
Is Los Cabos Childrens Foundation a good charity?
Based on the provided financial data, Los Cabos Childrens Foundation appears to be a very good charity. It demonstrates strong financial health, efficient spending (especially in 2023 where expenses were significantly lower than revenue), and exceptional transparency with 0% officer compensation reported consistently.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with significant growth in revenue and assets, particularly in the 2023 fiscal period. While there were periods of higher expenses relative to revenue (e.g., 2019 and 2021), the overall trend shows increasing financial stability and capacity.
What is the organization's approach to executive compensation?
Los Cabos Childrens Foundation reports 0% officer compensation in all available filings, indicating that its executive leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is a strong positive for donor confidence.
How does the organization manage its liabilities?
The organization consistently maintains very low liabilities relative to its assets and revenue. For example, in 2023, liabilities were $93,943 against assets of $4,019,204, indicating strong financial management and minimal debt.
Filing History
IRS 990 filing history for Los Cabos Childrens Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Los Cabos Childrens Foundation's revenue has grown by 63.2%, moving from $2.3M to $3.8M. Total assets increased by 749.6% over the same period, from $473K to $4.0M. Total functional expenses fell by 38%, from $2.7M to $1.7M. In its most recent filing year (2023), Los Cabos Childrens Foundation reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $94K in liabilities against $4.0M in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $1.7M | $4.0M | $94K | — | — |
| 2022 | $1.8M | $1.4M | $1.9M | $63K | — | View 990 |
| 2021 | $1.4M | $1.9M | $1.6M | $148K | — | View 990 |
| 2020 | $2.8M | $2.8M | $2.1M | $108K | — | View 990 |
| 2019 | $1.0M | $1.7M | $2.0M | $112K | — | View 990 |
| 2018 | $1.9M | $1.3M | $2.6M | $51K | — | View 990 |
| 2017 | $1.4M | $1.0M | $2.3M | $21K | — | View 990 |
| 2016 | $1.3M | $929K | $2.0M | $50K | — | View 990 |
| 2015 | $1.3M | $1.5M | $1.6M | $9K | — | View 990 |
| 2014 | $1.1M | $558K | $1.8M | $18K | — | View 990 |
| 2013 | $2.4M | $1.8M | $1.4M | $37K | — | View 990 |
| 2012 | $1.8M | $1.4M | $732K | $20K | — | View 990 |
| 2011 | $2.3M | $2.7M | $473K | $120K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $1.7M, and assets of $4.0M (revenue +107.9% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.4M, and assets of $1.9M (revenue +30.8% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.9M, and assets of $1.6M (revenue -50.3% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.8M, and assets of $2.1M (revenue +175.7% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.7M, and assets of $2.0M (revenue -46.5% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.3M, and assets of $2.6M (revenue +38.7% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.0M, and assets of $2.3M (revenue +8.5% year-over-year).
- 2016: Revenue of $1.3M, expenses of $929K, and assets of $2.0M (revenue -3.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.5M, and assets of $1.6M (revenue +23.0% year-over-year).
- 2014: Revenue of $1.1M, expenses of $558K, and assets of $1.8M (revenue -54.6% year-over-year).
- 2013: Revenue of $2.4M, expenses of $1.8M, and assets of $1.4M (revenue +32.4% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.4M, and assets of $732K (revenue -24.1% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.7M, and assets of $473K.
Data Sources and Methodology
This transparency report for Los Cabos Childrens 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.