Puertorriguenos Asociados For Community Organization Inc
Puertorriguenos Asociados For Community Organization Inc: Consistent Revenue, High Liabilities
EIN: 221911769 · Jersey City, NJ · NTEE: L81Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $2.7M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.1M |
| Transparency Score | 75/100 |
Is Puertorriguenos Asociados For Community Organization Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Puertorriguenos Asociados For Community Organization Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Puertorriguenos Asociados For Community Organization Inc
Puertorriguenos Asociados For Community Organization Inc (EIN: 221911769) is a nonprofit organization based in Jersey City, NJ, classified under NTEE code L81Z. The organization reported total revenue of $2.7M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Puertorriguenos Asociados For Community Organization Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Puertorriguenos Asociados For Community Organization Inc is a mid-size nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$99K |
| Total Assets | $2.8M |
| Total Liabilities | $1.6M |
| Net Assets | $1.1M |
| Operating Margin | 3.6% |
| Debt-to-Asset Ratio | 59.4% |
| Months of Reserves | 12.4 months |
Financial Health Grade: A
In 2023, Puertorriguenos Asociados For Community Organization Inc reported a surplus of $99K with revenue exceeding expenses, holds 12.4 months of operating reserves (strong position), has a debt-to-asset ratio of 59.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Puertorriguenos Asociados For Community Organization Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.0% | -14.3% | +93.9% |
| 2022 | +2.1% | +11.8% | -34.3% |
| 2021 | +32.1% | +18.0% | +25.0% |
| 2020 | -29.2% | -23.2% | -3.7% |
| 2019 | +13.0% | +3.9% | -10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1971 |
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 Puertorriguenos Asociados For Community Organization 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Puertorriguenos Asociados For Community Organization Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $99K, with revenue exceeding expenses.
- Debt-to-asset ratio: 59.4%.
Executive Compensation Analysis
The filings consistently report $0 in compensation for officers, directors, trustees, and key employees, which is unusual for an organization of this size and suggests potential indirect compensation or a fully volunteer-run leadership structure.
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 Puertorriguenos Asociados For Community Organization Inc's IRS 990 filings:
- Consistent reporting of $0 compensation for key personnel across all available years raises questions about how leadership is compensated or if services are provided pro bono.
- Liabilities have been consistently high relative to assets, with 2023 showing liabilities at approximately 59% of assets ($1,638,714 / $2,759,713).
- Expenses have frequently exceeded revenue in recent years (e.g., 2022: revenue $2,990,393, expenses $3,130,324; 2020: revenue $2,216,857, expenses $2,371,223).
Strengths
The following positive indicators were identified for Puertorriguenos Asociados For Community Organization Inc:
- The organization has demonstrated consistent revenue generation over many years, typically in the $2.7M-$3.1M range.
- Total assets have shown growth in recent years, increasing from $1,423,450 in 2022 to $2,759,713 in 2023.
- The organization has maintained a presence and continued operations for an extended period, indicating resilience.
Frequently Asked Questions about Puertorriguenos Asociados For Community Organization Inc
Is Puertorriguenos Asociados For Community Organization Inc a legitimate charity?
Puertorriguenos Asociados For Community Organization Inc (EIN: 221911769) 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: $2.7M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Puertorriguenos Asociados For Community Organization Inc spend its money?
Puertorriguenos Asociados For Community Organization Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Puertorriguenos Asociados For Community Organization Inc tax-deductible?
Puertorriguenos Asociados For Community Organization Inc is registered as a tax-exempt nonprofit (EIN: 221911769). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Puertorriguenos Asociados For Community Organization Inc CEO make?
Puertorriguenos Asociados For Community Organization Inc's highest-compensated officer earns $0 annually. The organization reported $2.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Puertorriguenos Asociados For Community Organization Inc's spending goes to programs?
Puertorriguenos Asociados For Community Organization Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Puertorriguenos Asociados For Community Organization Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Puertorriguenos Asociados For Community Organization Inc is above average for NTEE category L81Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Puertorriguenos Asociados For Community Organization Inc located?
Puertorriguenos Asociados For Community Organization Inc is headquartered in Jersey City, New Jersey and files with the IRS under EIN 221911769. It is classified under NTEE code L81Z.
How many years of IRS 990 filings does Puertorriguenos Asociados For Community Organization Inc have?
Puertorriguenos Asociados For Community Organization 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 $2.7M in total revenue.
What does Puertorriguenos Asociados For Community Organization Inc do?
Puertorriguenos Asociados For Community Organization Inc is a nonprofit organization in the Housing & Shelter sector, located in Jersey City, New Jersey. It is classified under NTEE code L81Z.
How much revenue does Puertorriguenos Asociados For Community Organization Inc have?
Puertorriguenos Asociados For Community Organization Inc reported total revenue of $2,730,216. Based on 13 IRS 990 filings on record.
What are Puertorriguenos Asociados For Community Organization Inc's total assets?
Puertorriguenos Asociados For Community Organization Inc holds total assets of $3,103,381 as reported in IRS 990 filings.
Where is Puertorriguenos Asociados For Community Organization Inc located?
Puertorriguenos Asociados For Community Organization Inc is based in Jersey City, New Jersey.
What is Puertorriguenos Asociados For Community Organization Inc's EIN?
Puertorriguenos Asociados For Community Organization Inc's Employer Identification Number (EIN) is 221911769. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Puertorriguenos Asociados For Community Organization Inc?
Puertorriguenos Asociados For Community Organization Inc is classified under NTEE code L81Z (Housing & Shelter).
Is Puertorriguenos Asociados For Community Organization Inc a registered 501(c)(3)?
Yes, Puertorriguenos Asociados For Community Organization Inc is recognized as a tax-exempt organization by the IRS. EIN: 221911769.
Does Puertorriguenos Asociados For Community Organization Inc file IRS Form 990?
Yes, Puertorriguenos Asociados For Community Organization Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Puertorriguenos Asociados For Community Organization Inc's revenue in 2023?
In the 202309 filing period, Puertorriguenos Asociados For Community Organization Inc reported total revenue of $2,780,819, total expenses of $2,681,451, and net assets of $2,759,713.
Is Puertorriguenos Asociados For Community Organization Inc's revenue growing or declining?
Puertorriguenos Asociados For Community Organization Inc's revenue is declining. Revenue went from $2,990,393 (202209) to $2,780,819 (202309), a -7.0% change. Based on 13 filings on record.
What is Puertorriguenos Asociados For Community Organization Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Puertorriguenos Asociados For Community Organization Inc covers tax period 202309. It shows revenue of $2,780,819, expenses of $2,681,451, total assets of $2,759,713, and liabilities of $1,638,714.
How much does Puertorriguenos Asociados For Community Organization Inc spend on programs vs administration?
Based on IRS 990 analysis, Puertorriguenos Asociados For Community Organization Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Puertorriguenos Asociados For Community Organization Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Puertorriguenos Asociados For Community Organization Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Puertorriguenos Asociados For Community Organization Inc?
The following concerns were identified: Consistent reporting of $0 compensation for key personnel across all available years raises questions about how leadership is compensated or if services are provided pro bono.. Liabilities have been consistently high relative to assets, with 2023 showing liabilities at approximately 59% of assets ($1,638,714 / $2,759,713).. Expenses have frequently exceeded revenue in recent years (e.g., 2022: revenue $2,990,393, expenses $3,130,324; 2020: revenue $2,216,857, expenses $2,371,223).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Puertorriguenos Asociados For Community Organization Inc's strengths?
Positive indicators for Puertorriguenos Asociados For Community Organization Inc include: The organization has demonstrated consistent revenue generation over many years, typically in the $2.7M-$3.1M range.. Total assets have shown growth in recent years, increasing from $1,423,450 in 2022 to $2,759,713 in 2023.. The organization has maintained a presence and continued operations for an extended period, indicating resilience.. These findings are derived from AI analysis of the organization's financial filings.
How does Puertorriguenos Asociados For Community Organization Inc compensate executives?
The filings consistently report $0 in compensation for officers, directors, trustees, and key employees, which is unusual for an organization of this size and suggests potential indirect compensation or a fully volunteer-run leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 compensation for key personnel, what is the operational model for leadership and how are essential management functions sustained without direct compensation?
The consistent $0 compensation suggests either a fully volunteer-led executive team, or that compensation is provided through a related entity or non-monetary benefits not disclosed in this section of the filings. This model could impact long-term leadership stability and professionalization.
How does the organization manage its consistently high liabilities relative to assets, and what strategies are in place to improve its financial leverage?
The high liability-to-asset ratio (e.g., 59% in 2023) indicates a significant reliance on debt or other obligations. Understanding the nature of these liabilities (e.g., program-related debt, mortgages) and the repayment strategy is crucial for assessing financial health and sustainability.
Filing History
IRS 990 filing history for Puertorriguenos Asociados For Community Organization Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Puertorriguenos Asociados For Community Organization Inc's revenue has declined by 39.4%, moving from $4.6M to $2.8M. Total assets decreased by 28.5% over the same period, from $3.9M to $2.8M. Total functional expenses rose by 20.8%, from $2.2M to $2.7M. In its most recent filing year (2023), Puertorriguenos Asociados For Community Organization Inc reported a surplus of $99K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $2.8M in assets (debt-to-asset ratio: 59.4%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.7M | $2.8M | $1.6M | — | View 990 |
| 2022 | $3.0M | $3.1M | $1.4M | $1.3M | — | View 990 |
| 2021 | $2.9M | $2.8M | $2.2M | $1.9M | — | View 990 |
| 2020 | $2.2M | $2.4M | $1.7M | $1.6M | — | — |
| 2019 | $3.1M | $3.1M | $1.8M | $1.5M | — | View 990 |
| 2018 | $2.8M | $3.0M | $2.0M | $1.8M | — | View 990 |
| 2017 | $2.8M | $2.6M | $2.1M | $1.7M | — | View 990 |
| 2016 | $6.0M | $3.1M | $5.4M | $1.7M | — | View 990 |
| 2015 | $4.6M | $2.9M | $6.6M | $1.4M | — | View 990 |
| 2014 | $5.5M | $2.9M | $3.8M | $123K | — | View 990 |
| 2013 | $5.3M | $3.1M | $3.5M | $63K | — | View 990 |
| 2012 | $5.8M | $3.1M | $4.1M | $63K | — | View 990 |
| 2011 | $4.6M | $2.2M | $3.9M | $81K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.7M, and assets of $2.8M (revenue -7.0% year-over-year).
- 2022: Revenue of $3.0M, expenses of $3.1M, and assets of $1.4M (revenue +2.1% year-over-year).
- 2021: Revenue of $2.9M, expenses of $2.8M, and assets of $2.2M (revenue +32.1% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.4M, and assets of $1.7M (revenue -29.2% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.1M, and assets of $1.8M (revenue +13.0% year-over-year).
- 2018: Revenue of $2.8M, expenses of $3.0M, and assets of $2.0M (revenue -0.8% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.6M, and assets of $2.1M (revenue -53.4% year-over-year).
- 2016: Revenue of $6.0M, expenses of $3.1M, and assets of $5.4M (revenue +29.4% year-over-year).
- 2015: Revenue of $4.6M, expenses of $2.9M, and assets of $6.6M (revenue -15.2% year-over-year).
- 2014: Revenue of $5.5M, expenses of $2.9M, and assets of $3.8M (revenue +4.0% year-over-year).
- 2013: Revenue of $5.3M, expenses of $3.1M, and assets of $3.5M (revenue -9.5% year-over-year).
- 2012: Revenue of $5.8M, expenses of $3.1M, and assets of $4.1M (revenue +26.6% year-over-year).
- 2011: Revenue of $4.6M, expenses of $2.2M, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Puertorriguenos Asociados For Community Organization Inc:
Data Sources and Methodology
This transparency report for Puertorriguenos Asociados For Community Organization 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.