National Association Of Hispanic Publications Inc
National Association Of Hispanic Publications Inc shows fluctuating financial performance with recent asset growth but a 2022 deficit.
EIN: 113707849 · Washington, DC · NTEE: S40 · Updated: 2026-03-28
Is National Association Of Hispanic Publications Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Association Of Hispanic Publications Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About National Association Of Hispanic Publications Inc
National Association Of Hispanic Publications Inc (EIN: 113707849) is a nonprofit organization based in Washington, DC, classified under NTEE code S40. The organization reported total revenue of $527K and total assets of $508K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of Hispanic Publications Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Association Of Hispanic Publications Inc is a small nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of -3.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $198K |
| Total Expenses | $347K |
| Surplus / Deficit | $-149,233 |
| Total Assets | $109K |
| Net Assets | $109K |
| Operating Margin | -75.4% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2022, National Association Of Hispanic Publications Inc reported a deficit of $149K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 9 years of filings (2010–2022), National Association Of Hispanic Publications Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -58.0% | +0.4% | -57.8% |
| 2021 | +92.5% | +142.1% | +94.8% |
| 2020 | -13.7% | -15.4% | +334.6% |
| 2019 | +14.2% | -19.8% | +0.7% |
| 2018 | +73.8% | +65.1% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 National Association Of Hispanic Publications 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, National Association Of Hispanic Publications Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $149K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available IRS 990 filings, indicating that no officers received reportable compensation from the organization, which is highly favorable for resource allocation.
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 National Association Of Hispanic Publications Inc's IRS 990 filings:
- Inconsistent financial performance with periods of significant deficits, such as the $149,233 deficit in 202212 (Expenses $347,259 vs. Revenue $198,026).
- Lack of detailed expense breakdown beyond total expenses makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for National Association Of Hispanic Publications Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for leadership.
- Recent significant increase in assets to $507,514, suggesting improved financial capacity.
- Low or zero reported liabilities in recent years, indicating a healthy balance sheet.
- History of generating substantial revenue, with a peak of $471,719 in 202112.
Frequently Asked Questions about National Association Of Hispanic Publications Inc
Is National Association Of Hispanic Publications Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Association Of Hispanic Publications Inc (EIN: 113707849) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does National Association Of Hispanic Publications Inc spend its money?
National Association Of Hispanic Publications Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Association Of Hispanic Publications Inc tax-deductible?
National Association Of Hispanic Publications Inc is registered as a tax-exempt nonprofit (EIN: 113707849). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant deficit in the 202212 fiscal period?
In the 202212 period, the organization reported revenues of $198,026 against expenses of $347,259, resulting in a deficit of $149,233. The specific causes are not detailed in the provided summary data but warrant further investigation into revenue streams and expense categories for that year.
How does the organization sustain operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be volunteer-based, compensated through other means not reported on the 990 (e.g., through a related entity), or that the organization operates with a very lean, non-salaried leadership structure. This is a strong indicator of minimizing administrative overhead.
What led to the substantial increase in assets to $507,514 from $109,058 in 202212?
The provided data shows assets at $109,058 for the 202212 period, but the 'Latest Assets' are stated as $507,514. This significant increase suggests a substantial gain in assets after the 202212 filing, possibly due to successful fundraising, investments, or a large donation, which would improve the organization's financial stability.
Filing History
IRS 990 filing history for National Association Of Hispanic Publications Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2010–2022), National Association Of Hispanic Publications Inc's revenue has declined by 38.2%, moving from $320K to $198K. Total assets decreased by 47.9% over the same period, from $209K to $109K. Total functional expenses rose by 16.9%, from $297K to $347K. In its most recent filing year (2022), National Association Of Hispanic Publications Inc reported a deficit of $149K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $198K | $347K | $109K | $0 | — | View 990 |
| 2021 | $472K | $346K | $258K | $0 | — | View 990 |
| 2020 | $245K | $143K | $133K | $0 | — | View 990 |
| 2019 | $284K | $169K | $31K | $0 | — | View 990 |
| 2018 | $248K | $211K | $30K | $0 | — | — |
| 2017 | $143K | $128K | $29K | $47K | — | View 990 |
| 2016 | $196K | $230K | $23K | $57K | — | View 990 |
| 2015 | $130K | $158K | $16K | $57K | — | View 990 |
| 2010 | $320K | $297K | $209K | $230K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $198K, expenses of $347K, and assets of $109K (revenue -58.0% year-over-year).
- 2021: Revenue of $472K, expenses of $346K, and assets of $258K (revenue +92.5% year-over-year).
- 2020: Revenue of $245K, expenses of $143K, and assets of $133K (revenue -13.7% year-over-year).
- 2019: Revenue of $284K, expenses of $169K, and assets of $31K (revenue +14.2% year-over-year).
- 2018: Revenue of $248K, expenses of $211K, and assets of $30K (revenue +73.8% year-over-year).
- 2017: Revenue of $143K, expenses of $128K, and assets of $29K (revenue -27.0% year-over-year).
- 2016: Revenue of $196K, expenses of $230K, and assets of $23K (revenue +51.0% year-over-year).
- 2015: Revenue of $130K, expenses of $158K, and assets of $16K (revenue -59.5% year-over-year).
- 2010: Revenue of $320K, expenses of $297K, and assets of $209K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Association Of Hispanic Publications Inc:
Data Sources and Methodology
This transparency report for National Association Of Hispanic Publications 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.