Mision De Caridad
EIN: 842046045 · Arlington, MA · NTEE: P11
Is Mision De Caridad Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mision De Caridad
Mision De Caridad (EIN: 842046045) is a nonprofit organization based in Arlington, MA, classified under NTEE code P11. The organization reported total revenue of $804K and total assets of $315K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mision De Caridad's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mision De Caridad is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 50.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $649K |
| Total Expenses | $616K |
| Surplus / Deficit | +$32K |
| Total Assets | $168K |
| Total Liabilities | $22K |
| Net Assets | $146K |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 13.1% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Mision De Caridad reported a surplus of $32K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 13.1% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Mision De Caridad's revenue has grown at a compound annual growth rate (CAGR) of 50.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.9% | -28.7% | +26.8% |
| 2022 | +68.0% | +428.5% | -69.2% |
| 2021 | +55.3% | +127.0% | +72.6% |
| 2020 | +69.1% | +247.0% | +134.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mision De Caridad 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 Mision De Caridad 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.1%.
Frequently Asked Questions about Mision De Caridad
Is Mision De Caridad a legitimate charity?
Based on AI analysis of IRS 990 filings, Mision De Caridad (EIN: 842046045) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mision De Caridad spend its money?
Detailed spending breakdown data is not yet available for Mision De Caridad. Check back for updated IRS 990 analysis.
Are donations to Mision De Caridad tax-deductible?
Mision De Caridad is registered as a tax-exempt nonprofit (EIN: 842046045). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Mision De Caridad showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Mision De Caridad's revenue has grown by 411.8%, moving from $127K to $649K. Total assets increased by 58.3% over the same period, from $106K to $168K. Total functional expenses rose by 2866.9%, from $21K to $616K. In its most recent filing year (2023), Mision De Caridad reported a surplus of $32K, with revenue exceeding expenses. The organization holds $22K in liabilities against $168K in assets (debt-to-asset ratio: 13.1%), resulting in net assets of $146K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $649K | $616K | $168K | $22K | — | — |
| 2022 | $560K | $865K | $132K | $19K | — | View 990 |
| 2021 | $333K | $164K | $429K | $5K | — | View 990 |
| 2020 | $214K | $72K | $249K | $540 | — | — |
| 2019 | $127K | $21K | $106K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $649K, expenses of $616K, and assets of $168K (revenue +15.9% year-over-year).
- 2022: Revenue of $560K, expenses of $865K, and assets of $132K (revenue +68.0% year-over-year).
- 2021: Revenue of $333K, expenses of $164K, and assets of $429K (revenue +55.3% year-over-year).
- 2020: Revenue of $214K, expenses of $72K, and assets of $249K (revenue +69.1% year-over-year).
- 2019: Revenue of $127K, expenses of $21K, and assets of $106K.
Data Sources and Methodology
This transparency report for Mision De Caridad 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.