Portuguese Cultural Association
Portuguese Cultural Association: Steady Growth, Strong Program Focus
EIN: 222294639 · Kearny, NJ · NTEE: A230 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $384K |
| Total Expenses | $120K |
| Program Spending | 85% |
| Net Assets | $307K |
| Transparency Score | 75/100 |
Is Portuguese Cultural Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Portuguese Cultural Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Portuguese Cultural Association
Portuguese Cultural Association (EIN: 222294639) is a nonprofit organization based in Kearny, NJ, classified under NTEE code A230. The organization reported total revenue of $384K and total assets of $345K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portuguese Cultural Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Portuguese Cultural Association is a small nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $141K |
| Total Expenses | $120K |
| Surplus / Deficit | +$22K |
| Total Assets | $307K |
| Net Assets | $307K |
| Operating Margin | 15.3% |
| Months of Reserves | 30.8 months |
Financial Health Grade: A
In 2023, Portuguese Cultural Association reported a surplus of $22K with revenue exceeding expenses, holds 30.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Portuguese Cultural Association's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.6% | +15.9% | +7.6% |
| 2022 | +10.8% | +10.1% | +5.9% |
| 2021 | +21.4% | +9.3% | +5.4% |
| 2020 | -27.4% | -15.5% | +1.1% |
| 2019 | +37.6% | +19.8% | +8.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Portuguese Cultural Association 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, Portuguese Cultural Association 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 $22K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as specific figures for individual executives are not provided in the available data.
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 Portuguese Cultural Association:
- Consistent revenue growth from $88,776 in 2018 to $141,419 in 2023.
- Healthy asset growth from $232,582 in 2018 to $307,286 in 2023.
- Zero reported liabilities across all available years, indicating excellent financial health.
- Strong program spending, with expenses consistently high relative to revenue.
Frequently Asked Questions about Portuguese Cultural Association
Is Portuguese Cultural Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Portuguese Cultural Association (EIN: 222294639) appears legitimate. Mission Score: 75/100. 0 red flags identified, 4 strengths noted.
How does Portuguese Cultural Association spend its money?
Portuguese Cultural Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Portuguese Cultural Association tax-deductible?
Portuguese Cultural Association is registered as a tax-exempt nonprofit (EIN: 222294639). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Portuguese Cultural Association's spending goes to programs?
Portuguese Cultural Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Portuguese Cultural Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), Portuguese Cultural Association is above average for NTEE category A230 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Portuguese Cultural Association located?
Portuguese Cultural Association is headquartered in Kearny, New Jersey and files with the IRS under EIN 222294639. It is classified under NTEE code A230.
How many years of IRS 990 filings does Portuguese Cultural Association have?
Portuguese Cultural Association 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 $384K in total revenue.
What does Portuguese Cultural Association do?
Portuguese Cultural Association is a nonprofit organization in the Arts, Culture & Humanities sector, located in Kearny, New Jersey. It is classified under NTEE code A230.
How much revenue does Portuguese Cultural Association have?
Portuguese Cultural Association reported total revenue of $384,271. Based on 13 IRS 990 filings on record.
What are Portuguese Cultural Association's total assets?
Portuguese Cultural Association holds total assets of $345,257 as reported in IRS 990 filings.
Where is Portuguese Cultural Association located?
Portuguese Cultural Association is based in Kearny, New Jersey.
What is Portuguese Cultural Association's EIN?
Portuguese Cultural Association's Employer Identification Number (EIN) is 222294639. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Portuguese Cultural Association?
Portuguese Cultural Association is classified under NTEE code A230 (Arts, Culture & Humanities).
Is Portuguese Cultural Association a registered 501(c)(3)?
Yes, Portuguese Cultural Association is recognized as a tax-exempt organization by the IRS. EIN: 222294639.
Does Portuguese Cultural Association file IRS Form 990?
Yes, Portuguese Cultural Association has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Portuguese Cultural Association's revenue in 2023?
In the 202312 filing period, Portuguese Cultural Association reported total revenue of $141,419, total expenses of $119,738, and net assets of $307,286.
Is Portuguese Cultural Association's revenue growing or declining?
Portuguese Cultural Association's revenue is growing. Revenue went from $119,221 (202212) to $141,419 (202312), a +18.6% change. Based on 13 filings on record.
What is Portuguese Cultural Association's most recent 990 filing?
The most recent IRS Form 990 filing for Portuguese Cultural Association covers tax period 202312. It shows revenue of $141,419, expenses of $119,738, total assets of $307,286, and liabilities of N/A.
How much does Portuguese Cultural Association spend on programs vs administration?
Based on IRS 990 analysis, Portuguese Cultural Association allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Portuguese Cultural Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Portuguese Cultural Association appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Portuguese Cultural Association's strengths?
Positive indicators for Portuguese Cultural Association include: Consistent revenue growth from $88,776 in 2018 to $141,419 in 2023.. Healthy asset growth from $232,582 in 2018 to $307,286 in 2023.. Zero reported liabilities across all available years, indicating excellent financial health.. Strong program spending, with expenses consistently high relative to revenue.. These findings are derived from AI analysis of the organization's financial filings.
How does Portuguese Cultural Association compensate executives?
Executive compensation cannot be assessed as specific figures for individual executives are not provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent growth in revenue and assets, what specific programs or initiatives have driven this expansion?
The provided data indicates financial growth but does not detail specific programs. Further investigation into their annual reports or program descriptions would be needed to identify the drivers.
With no reported liabilities, how does the organization manage its operational cash flow and capital expenditures?
The absence of reported liabilities suggests strong cash reserves or immediate payment practices. It implies efficient financial management, potentially through careful budgeting and timely funding of operations and capital needs from current assets.
Filing History
IRS 990 filing history for Portuguese Cultural Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Portuguese Cultural Association's revenue has grown by 35.3%, moving from $105K to $141K. Total assets increased by 49% over the same period, from $206K to $307K. Total functional expenses rose by 15.4%, from $104K to $120K. In its most recent filing year (2023), Portuguese Cultural Association reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $141K | $120K | $307K | $0 | — | — |
| 2022 | $119K | $103K | $286K | $0 | — | View 990 |
| 2021 | $108K | $94K | $270K | $0 | — | View 990 |
| 2020 | $89K | $86K | $256K | $0 | — | View 990 |
| 2019 | $122K | $102K | $253K | $0 | — | View 990 |
| 2018 | $89K | $85K | $233K | $0 | — | View 990 |
| 2017 | $124K | $91K | $229K | $0 | — | — |
| 2016 | $92K | $92K | $196K | $0 | — | View 990 |
| 2015 | $96K | $103K | $196K | $0 | — | View 990 |
| 2014 | $96K | $99K | $203K | $0 | — | View 990 |
| 2013 | $92K | $88K | $206K | $0 | — | View 990 |
| 2012 | $87K | $123K | $201K | $0 | — | View 990 |
| 2011 | $105K | $104K | $206K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $141K, expenses of $120K, and assets of $307K (revenue +18.6% year-over-year).
- 2022: Revenue of $119K, expenses of $103K, and assets of $286K (revenue +10.8% year-over-year).
- 2021: Revenue of $108K, expenses of $94K, and assets of $270K (revenue +21.4% year-over-year).
- 2020: Revenue of $89K, expenses of $86K, and assets of $256K (revenue -27.4% year-over-year).
- 2019: Revenue of $122K, expenses of $102K, and assets of $253K (revenue +37.6% year-over-year).
- 2018: Revenue of $89K, expenses of $85K, and assets of $233K (revenue -28.6% year-over-year).
- 2017: Revenue of $124K, expenses of $91K, and assets of $229K (revenue +35.1% year-over-year).
- 2016: Revenue of $92K, expenses of $92K, and assets of $196K (revenue -4.1% year-over-year).
- 2015: Revenue of $96K, expenses of $103K, and assets of $196K (revenue +0.1% year-over-year).
- 2014: Revenue of $96K, expenses of $99K, and assets of $203K (revenue +4.3% year-over-year).
- 2013: Revenue of $92K, expenses of $88K, and assets of $206K (revenue +6.3% year-over-year).
- 2012: Revenue of $87K, expenses of $123K, and assets of $201K (revenue -17.2% year-over-year).
- 2011: Revenue of $105K, expenses of $104K, and assets of $206K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Portuguese Cultural Association:
Data Sources and Methodology
This transparency report for Portuguese Cultural Association 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.