Mercer County Hispanic Association Inc
Mercer County Hispanic Association: Strong Program Spending, but Declining Assets Raise Concerns
EIN: 222757844 · Trenton, NJ · NTEE: P20 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $352K |
| Total Expenses | $438K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $86K |
| Transparency Score | 75/100 |
Is Mercer County Hispanic Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mercer County Hispanic Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mercer County Hispanic Association Inc
Mercer County Hispanic Association Inc (EIN: 222757844) is a nonprofit organization based in Trenton, NJ, classified under NTEE code P20. The organization reported total revenue of $352K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercer County Hispanic Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercer County Hispanic Association Inc is a small nonprofit that has been operating for 4 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $465K |
| Total Expenses | $438K |
| Surplus / Deficit | +$28K |
| Total Assets | $96K |
| Total Liabilities | $9K |
| Net Assets | $86K |
| Operating Margin | 6.0% |
| Debt-to-Asset Ratio | 9.8% |
| Months of Reserves | 2.6 months |
Financial Health Grade: A
In 2023, Mercer County Hispanic Association Inc reported a surplus of $28K with revenue exceeding expenses, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 9.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mercer County Hispanic Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.2% | +10.6% | -44.4% |
| 2022 | +15.6% | +20.2% | +119.8% |
| 2021 | +316.0% | +245.5% | +1056.9% |
| 2020 | +349.2% | +363.4% | +970.6% |
| 2019 | -76.7% | -76.4% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
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 Mercer County Hispanic Association Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Mercer County Hispanic Association Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.8%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-based leadership, which is commendable for maximizing program funds.
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 Mercer County Hispanic Association Inc's IRS 990 filings:
- Total assets have significantly declined from $172,025 in 2022 to $36,063 in 2023, a concerning drop.
- Liabilities have remained relatively high, at $9,372 in 2023, despite the sharp decrease in assets.
Strengths
The following positive indicators were identified for Mercer County Hispanic Association Inc:
- Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023 based on $437,544 expenses and $465,417 revenue).
- Demonstrates a long history of operation, with filings dating back to 2016.
Frequently Asked Questions about Mercer County Hispanic Association Inc
Is Mercer County Hispanic Association Inc a legitimate charity?
Mercer County Hispanic Association Inc (EIN: 222757844) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $352K. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Mercer County Hispanic Association Inc spend its money?
Mercer County Hispanic Association Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mercer County Hispanic Association Inc tax-deductible?
Mercer County Hispanic Association Inc is registered as a tax-exempt nonprofit (EIN: 222757844). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mercer County Hispanic Association Inc CEO make?
Mercer County Hispanic Association Inc's highest-compensated officer earns $0 annually. The organization reported $352K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mercer County Hispanic Association Inc's spending goes to programs?
Mercer County Hispanic Association Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mercer County Hispanic Association Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Mercer County Hispanic Association Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mercer County Hispanic Association Inc located?
Mercer County Hispanic Association Inc is headquartered in Trenton, New Jersey and files with the IRS under EIN 222757844. It is classified under NTEE code P20.
How many years of IRS 990 filings does Mercer County Hispanic Association Inc have?
Mercer County Hispanic Association Inc 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 $352K in total revenue.
What does Mercer County Hispanic Association Inc do?
Mercer County Hispanic Association Inc is a nonprofit organization in the Human Services sector, located in Trenton, New Jersey. It is classified under NTEE code P20.
How much revenue does Mercer County Hispanic Association Inc have?
Mercer County Hispanic Association Inc reported total revenue of $352,331. Based on 13 IRS 990 filings on record.
What are Mercer County Hispanic Association Inc's total assets?
Mercer County Hispanic Association Inc holds total assets of $36,063 as reported in IRS 990 filings.
Where is Mercer County Hispanic Association Inc located?
Mercer County Hispanic Association Inc is based in Trenton, New Jersey.
What is Mercer County Hispanic Association Inc's EIN?
Mercer County Hispanic Association Inc's Employer Identification Number (EIN) is 222757844. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Mercer County Hispanic Association Inc?
Mercer County Hispanic Association Inc is classified under NTEE code P20 (Human Services).
Is Mercer County Hispanic Association Inc a registered 501(c)(3)?
Yes, Mercer County Hispanic Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 222757844.
Does Mercer County Hispanic Association Inc file IRS Form 990?
Yes, Mercer County Hispanic Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Mercer County Hispanic Association Inc's revenue in 2023?
In the 202306 filing period, Mercer County Hispanic Association Inc reported total revenue of $465,417, total expenses of $437,544, and net assets of $95,625.
Is Mercer County Hispanic Association Inc's revenue growing or declining?
Mercer County Hispanic Association Inc's revenue is relatively stable. Revenue went from $466,191 (202206) to $465,417 (202306), a -0.2% change. Based on 13 filings on record.
What is Mercer County Hispanic Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Mercer County Hispanic Association Inc covers tax period 202306. It shows revenue of $465,417, expenses of $437,544, total assets of $95,625, and liabilities of $9,372.
How much does Mercer County Hispanic Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Mercer County Hispanic Association Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Mercer County Hispanic Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Mercer County Hispanic Association Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Mercer County Hispanic Association Inc?
The following concerns were identified: Total assets have significantly declined from $172,025 in 2022 to $36,063 in 2023, a concerning drop.. Liabilities have remained relatively high, at $9,372 in 2023, despite the sharp decrease in assets.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Mercer County Hispanic Association Inc's strengths?
Positive indicators for Mercer County Hispanic Association Inc include: Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023 based on $437,544 expenses and $465,417 revenue).. Demonstrates a long history of operation, with filings dating back to 2016.. These findings are derived from AI analysis of the organization's financial filings.
How does Mercer County Hispanic Association Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-based leadership, which is commendable for maximizing program funds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the drastic reduction in assets from $172,025 in 2022 to $36,063 in 2023, and what is the plan to rebuild the organization's financial reserves?
The provided data does not specify the exact reasons for the asset decline. Further investigation into their financial statements would be needed to understand if it was due to asset sales, significant operational losses, or other factors. A plan to rebuild reserves would be crucial for long-term stability.
Filing History
IRS 990 filing history for Mercer County Hispanic Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mercer County Hispanic Association Inc's revenue has declined by 17.6%, moving from $565K to $465K. Total assets decreased by 47.4% over the same period, from $182K to $96K. Total functional expenses fell by 24.4%, from $579K to $438K. In its most recent filing year (2023), Mercer County Hispanic Association Inc reported a surplus of $28K, with revenue exceeding expenses. The organization holds $9K in liabilities against $96K in assets (debt-to-asset ratio: 9.8%), resulting in net assets of $86K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $465K | $438K | $96K | $9K | — | — |
| 2022 | $466K | $396K | $172K | $114K | — | — |
| 2021 | $403K | $329K | $78K | $90K | — | — |
| 2020 | $97K | $95K | $7K | $93K | — | — |
| 2019 | $22K | $21K | $632 | $89K | — | — |
| 2018 | $93K | $87K | $632 | $98K | — | — |
| 2017 | $91K | $94K | $3K | $102K | — | — |
| 2016 | $175K | $170K | $13K | $104K | — | View 990 |
| 2015 | $120K | $185K | $65K | $160K | — | View 990 |
| 2014 | $323K | $317K | $85K | $116K | — | View 990 |
| 2013 | $463K | $530K | $119K | $156K | — | View 990 |
| 2012 | $539K | $626K | $155K | $124K | — | View 990 |
| 2011 | $565K | $579K | $182K | $210K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $465K, expenses of $438K, and assets of $96K (revenue -0.2% year-over-year).
- 2022: Revenue of $466K, expenses of $396K, and assets of $172K (revenue +15.6% year-over-year).
- 2021: Revenue of $403K, expenses of $329K, and assets of $78K (revenue +316.0% year-over-year).
- 2020: Revenue of $97K, expenses of $95K, and assets of $7K (revenue +349.2% year-over-year).
- 2019: Revenue of $22K, expenses of $21K, and assets of $632 (revenue -76.7% year-over-year).
- 2018: Revenue of $93K, expenses of $87K, and assets of $632 (revenue +2.0% year-over-year).
- 2017: Revenue of $91K, expenses of $94K, and assets of $3K (revenue -48.0% year-over-year).
- 2016: Revenue of $175K, expenses of $170K, and assets of $13K (revenue +45.5% year-over-year).
- 2015: Revenue of $120K, expenses of $185K, and assets of $65K (revenue -62.8% year-over-year).
- 2014: Revenue of $323K, expenses of $317K, and assets of $85K (revenue -30.2% year-over-year).
- 2013: Revenue of $463K, expenses of $530K, and assets of $119K (revenue -14.1% year-over-year).
- 2012: Revenue of $539K, expenses of $626K, and assets of $155K (revenue -4.6% year-over-year).
- 2011: Revenue of $565K, expenses of $579K, and assets of $182K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercer County Hispanic Association Inc:
Data Sources and Methodology
This transparency report for Mercer County Hispanic Association Inc 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.