Nuestro Futuro Inc
Nuestro Futuro Inc experiences significant revenue surge in 2023, accumulating substantial assets with no reported officer compensation.
EIN: 113522771 · Haiku, HI · NTEE: T23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $14.2 |
| Net Assets | $14.0M |
| Transparency Score | 75/100 |
Is Nuestro Futuro Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nuestro Futuro Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nuestro Futuro Inc
Nuestro Futuro Inc (EIN: 113522771) is a nonprofit organization based in Haiku, HI, classified under NTEE code T23. The organization reported total revenue of $2.5M and total assets of $13.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nuestro Futuro Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nuestro Futuro Inc is a mid-size nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 88.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.2M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$7.7M |
| Total Assets | $14.3M |
| Total Liabilities | $224K |
| Net Assets | $14.0M |
| Operating Margin | 84.0% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 116.9 months |
Financial Health Grade: A
In 2023, Nuestro Futuro Inc reported a surplus of $7.7M with revenue exceeding expenses, holds 116.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Nuestro Futuro Inc's revenue has grown at a compound annual growth rate (CAGR) of 88.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4116.1% | +28.5% | +133.0% |
| 2022 | -56.6% | -16.2% | -36.7% |
| 2021 | -67.1% | +27.9% | -4.2% |
| 2020 | -54.2% | +131.7% | +18.8% |
| 2019 | +16651.1% | +335.8% | +694.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2300 |
| IRS Ruling Date | 2000 |
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 Nuestro Futuro 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Nuestro Futuro Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Nuestro Futuro Inc consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and asset base ($14.2 million in 2023). This suggests either a volunteer-led executive team or that compensation is structured in a manner not captured under 'officer compensation' on the 990, warranting further inquiry.
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 Nuestro Futuro Inc's IRS 990 filings:
- Highly inconsistent revenue and expense patterns year-over-year, making financial stability difficult to assess.
- 0% reported officer compensation for an organization with over $14 million in assets and significant operations, which is unusual and may obscure actual executive remuneration.
- Significant swings in liabilities without clear explanation in summary data.
Strengths
The following positive indicators were identified for Nuestro Futuro Inc:
- Substantial asset growth, from $136,018 in 2011 to $14,265,177 in 2023, indicating strong financial accumulation.
- Significant revenue generation in the latest fiscal period ($9,155,302 in 2023), demonstrating capacity for large-scale funding.
- Positive net assets, with assets consistently exceeding liabilities.
Frequently Asked Questions about Nuestro Futuro Inc
Is Nuestro Futuro Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nuestro Futuro Inc (EIN: 113522771) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Nuestro Futuro Inc spend its money?
Nuestro Futuro Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nuestro Futuro Inc tax-deductible?
Nuestro Futuro Inc is registered as a tax-exempt nonprofit (EIN: 113522771). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nuestro Futuro Inc CEO make?
Nuestro Futuro Inc's highest-compensated officer earns $14.2 annually. The organization reported $2.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nuestro Futuro Inc's spending goes to programs?
Nuestro Futuro Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nuestro Futuro Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Nuestro Futuro Inc is above average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nuestro Futuro Inc located?
Nuestro Futuro Inc is headquartered in Haiku, Hawaii and files with the IRS under EIN 113522771. It is classified under NTEE code T23.
How many years of IRS 990 filings does Nuestro Futuro Inc have?
Nuestro Futuro Inc has 10 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 $2.5M in total revenue.
What caused the dramatic increase in revenue from $217,152 in 2022 to $9,155,302 in 2023?
The IRS 990 filings indicate a significant financial event or change in funding strategy between these periods, but the specific cause is not detailed in the summary data provided.
How does Nuestro Futuro Inc manage to operate with 0% reported officer compensation given its asset size and operational expenses?
This could indicate a fully volunteer executive leadership, or that executive compensation is reported under other expense categories, or paid by a related entity, which would require reviewing the full 990 forms for detailed breakdowns.
What are the primary program activities that account for the organization's expenses?
The provided summary data does not detail specific program activities, only total expenses. A full 990 would provide a functional expense breakdown.
What is the nature of the liabilities, which fluctuated significantly from $7,400 in 2013 to $526,488 in 2021 and then down to $223,725 in 2023?
The summary data does not specify the type of liabilities. This fluctuation could be due to grants payable, loans, or other operational debts, which would be detailed in the full financial statements.
Filing History
IRS 990 filing history for Nuestro Futuro Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Nuestro Futuro Inc's revenue has grown by 196534.5%, moving from $5K to $9.2M. Total assets increased by 10387.7% over the same period, from $136K to $14.3M. Total functional expenses rose by 793.5%, from $164K to $1.5M. In its most recent filing year (2023), Nuestro Futuro Inc reported a surplus of $7.7M, with revenue exceeding expenses. The organization holds $224K in liabilities against $14.3M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $14.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.2M | $1.5M | $14.3M | $224K | — | — |
| 2022 | $217K | $1.1M | $6.1M | $423K | — | View 990 |
| 2021 | $500K | $1.4M | $9.7M | $526K | — | View 990 |
| 2020 | $1.5M | $1.1M | $10.1M | $52K | — | View 990 |
| 2019 | $3.3M | $459K | $8.5M | $48K | — | View 990 |
| 2015 | $20K | $105K | $1.1M | $12K | — | View 990 |
| 2014 | $50K | $123K | $1.2M | $11K | — | View 990 |
| 2013 | $1.1M | $34K | $1.3M | $7K | — | View 990 |
| 2012 | $202K | $202K | $140K | $9K | — | View 990 |
| 2011 | $5K | $164K | $136K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.2M, expenses of $1.5M, and assets of $14.3M (revenue +4116.1% year-over-year).
- 2022: Revenue of $217K, expenses of $1.1M, and assets of $6.1M (revenue -56.6% year-over-year).
- 2021: Revenue of $500K, expenses of $1.4M, and assets of $9.7M (revenue -67.1% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.1M, and assets of $10.1M (revenue -54.2% year-over-year).
- 2019: Revenue of $3.3M, expenses of $459K, and assets of $8.5M (revenue +16651.1% year-over-year).
- 2015: Revenue of $20K, expenses of $105K, and assets of $1.1M (revenue -60.4% year-over-year).
- 2014: Revenue of $50K, expenses of $123K, and assets of $1.2M (revenue -95.6% year-over-year).
- 2013: Revenue of $1.1M, expenses of $34K, and assets of $1.3M (revenue +460.2% year-over-year).
- 2012: Revenue of $202K, expenses of $202K, and assets of $140K (revenue +4242.0% year-over-year).
- 2011: Revenue of $5K, expenses of $164K, and assets of $136K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nuestro Futuro Inc:
Data Sources and Methodology
This transparency report for Nuestro Futuro 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.