The Hispanic Institute For Research & Development
Hispanic Institute: Declining Revenue, High Overhead
EIN: 222540384 · Paramus, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $179K |
| Total Expenses | $176K |
| Program Spending | 70% |
| Net Assets | $-57,843 |
| Transparency Score | 45/100 |
Is The Hispanic Institute For Research & Development Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Hispanic Institute For Research & Development directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Hispanic Institute For Research & Development
The Hispanic Institute For Research & Development (EIN: 222540384) is a nonprofit organization based in Paramus, NJ. The organization reported total revenue of $179K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Hispanic Institute For Research & Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Hispanic Institute For Research & Development is a small nonprofit that has been operating for 41 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -12.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $161K |
| Total Expenses | $176K |
| Surplus / Deficit | $-15,020 |
| Total Assets | $13K |
| Total Liabilities | $70K |
| Net Assets | $-57,843 |
| Operating Margin | -9.3% |
| Debt-to-Asset Ratio | 560.9% |
| Months of Reserves | 0.9 months |
Financial Health Grade: D
In 2017, The Hispanic Institute For Research & Development reported a deficit of $15K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 560.9% (high leverage).
Financial Trends
Over 7 years of filings (2011–2017), The Hispanic Institute For Research & Development's revenue has declined at a compound annual growth rate (CAGR) of -12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -37.0% | -28.2% | -48.0% |
| 2016 | +9.4% | -2.1% | +166.6% |
| 2015 | -14.2% | -15.8% | -59.1% |
| 2014 | -4.3% | +10.0% | -56.6% |
| 2013 | +31.2% | +32.4% | +26.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
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 The Hispanic Institute For Research & Development with a Mission Score of 45 out of 100 (Fair). 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, The Hispanic Institute For Research & Development allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 560.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, which is unusual for an organization with significant revenue and expenses, suggesting potential underreporting or alternative compensation structures.
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 The Hispanic Institute For Research & Development's IRS 990 filings:
- Consistent 0% executive compensation reported across all years, despite significant revenue and expenses.
- Significant decline in revenue by over 50% from 2011 to 2017, from $366,101 to $178,572.
- Expenses frequently exceed revenue, leading to a decrease in net assets in multiple years.
Strengths
The following positive indicators were identified for The Hispanic Institute For Research & Development:
- Maintains a positive net asset balance, albeit declining.
- Consistent reporting of financial data over multiple years.
Frequently Asked Questions about The Hispanic Institute For Research & Development
Is The Hispanic Institute For Research & Development a legitimate charity?
The Hispanic Institute For Research & Development (EIN: 222540384) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 45/100. It has 7 years of IRS 990 filings on record. Total revenue: $179K. 3 red flags identified. 2 strengths noted. Financial health grade: D.
How does The Hispanic Institute For Research & Development spend its money?
The Hispanic Institute For Research & Development directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to The Hispanic Institute For Research & Development tax-deductible?
The Hispanic Institute For Research & Development is registered as a tax-exempt nonprofit (EIN: 222540384). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Hispanic Institute For Research & Development's spending goes to programs?
The Hispanic Institute For Research & Development directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is The Hispanic Institute For Research & Development located?
The Hispanic Institute For Research & Development is headquartered in Paramus, New Jersey and files with the IRS under EIN 222540384.
How many years of IRS 990 filings does The Hispanic Institute For Research & Development have?
The Hispanic Institute For Research & Development has 7 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 $179K in total revenue.
What does The Hispanic Institute For Research & Development do?
The Hispanic Institute For Research & Development is a nonprofit organization in the Unknown sector, located in Paramus, New Jersey. It is classified under NTEE code Unknown.
How much revenue does The Hispanic Institute For Research & Development have?
The Hispanic Institute For Research & Development reported total revenue of $178,572. Based on 7 IRS 990 filings on record.
What are The Hispanic Institute For Research & Development's total assets?
The Hispanic Institute For Research & Development holds total assets of $12,549 as reported in IRS 990 filings.
Where is The Hispanic Institute For Research & Development located?
The Hispanic Institute For Research & Development is based in Paramus, New Jersey.
What is The Hispanic Institute For Research & Development's EIN?
The Hispanic Institute For Research & Development's Employer Identification Number (EIN) is 222540384. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Hispanic Institute For Research & Development?
The Hispanic Institute For Research & Development is classified under NTEE code Unknown (Unknown).
Is The Hispanic Institute For Research & Development a registered 501(c)(3)?
The Hispanic Institute For Research & Development appears in IRS records (EIN: 222540384). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Hispanic Institute For Research & Development file IRS Form 990?
Yes, The Hispanic Institute For Research & Development has 7 IRS Form 990 filings on record. The most recent covers tax period 201705.
What was The Hispanic Institute For Research & Development's revenue in 2017?
In the 201705 filing period, The Hispanic Institute For Research & Development reported total revenue of $160,694, total expenses of $175,714, and net assets of $12,549.
Is The Hispanic Institute For Research & Development's revenue growing or declining?
The Hispanic Institute For Research & Development's revenue is declining. Revenue went from $255,053 (201605) to $160,694 (201705), a -37.0% change. Based on 7 filings on record.
What is The Hispanic Institute For Research & Development's most recent 990 filing?
The most recent IRS Form 990 filing for The Hispanic Institute For Research & Development covers tax period 201705. It shows revenue of $160,694, expenses of $175,714, total assets of $12,549, and liabilities of $70,392.
How much does The Hispanic Institute For Research & Development spend on programs vs administration?
Based on IRS 990 analysis, The Hispanic Institute For Research & Development allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is The Hispanic Institute For Research & Development a trustworthy charity?
Based on AI analysis of IRS 990 data, The Hispanic Institute For Research & Development shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 2 strengths noted.
What are the red flags for The Hispanic Institute For Research & Development?
The following concerns were identified: Consistent 0% executive compensation reported across all years, despite significant revenue and expenses.. Significant decline in revenue by over 50% from 2011 to 2017, from $366,101 to $178,572.. Expenses frequently exceed revenue, leading to a decrease in net assets in multiple years.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Hispanic Institute For Research & Development's strengths?
Positive indicators for The Hispanic Institute For Research & Development include: Maintains a positive net asset balance, albeit declining.. Consistent reporting of financial data over multiple years.. These findings are derived from AI analysis of the organization's financial filings.
How does The Hispanic Institute For Research & Development compensate executives?
Executive compensation is reported as 0% in all available filings, which is unusual for an organization with significant revenue and expenses, suggesting potential underreporting or alternative compensation structures. 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% executive compensation, how does the organization attract and retain leadership, and what are the actual costs associated with executive management?
The consistent 0% executive compensation suggests either pro-bono leadership, compensation through related entities not disclosed in these filings, or a misclassification of executive salaries within other expense categories. This lack of transparency makes it difficult to assess true administrative efficiency.
What factors contributed to the significant and sustained decline in revenue from $366,101 in 2011 to $178,572 in 2017, and what strategies are in place to reverse this trend?
The filings do not provide specific reasons for the revenue decline. Without this context, it's challenging to determine if the decline is due to funding changes, program shifts, or operational challenges. An understanding of their fundraising strategies and donor base changes would be crucial.
Filing History
IRS 990 filing history for The Hispanic Institute For Research & Development showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), The Hispanic Institute For Research & Development's revenue has declined by 56.1%, moving from $366K to $161K. Total assets decreased by 68.2% over the same period, from $39K to $13K. Total functional expenses fell by 49.9%, from $351K to $176K. In its most recent filing year (2017), The Hispanic Institute For Research & Development reported a deficit of $15K, with expenses exceeding revenue. The organization holds $70K in liabilities against $13K in assets (debt-to-asset ratio: 560.9%), resulting in net assets of $-57,843.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $161K | $176K | $13K | $70K | — | View 990 |
| 2016 | $255K | $245K | $24K | $67K | — | — |
| 2015 | $233K | $250K | $9K | $62K | — | View 990 |
| 2014 | $272K | $297K | $22K | $58K | — | View 990 |
| 2013 | $284K | $270K | $51K | $62K | — | View 990 |
| 2012 | $216K | $204K | $40K | $65K | — | View 990 |
| 2011 | $366K | $351K | $39K | $77K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $161K, expenses of $176K, and assets of $13K (revenue -37.0% year-over-year).
- 2016: Revenue of $255K, expenses of $245K, and assets of $24K (revenue +9.4% year-over-year).
- 2015: Revenue of $233K, expenses of $250K, and assets of $9K (revenue -14.2% year-over-year).
- 2014: Revenue of $272K, expenses of $297K, and assets of $22K (revenue -4.3% year-over-year).
- 2013: Revenue of $284K, expenses of $270K, and assets of $51K (revenue +31.2% year-over-year).
- 2012: Revenue of $216K, expenses of $204K, and assets of $40K (revenue -40.9% year-over-year).
- 2011: Revenue of $366K, expenses of $351K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Hispanic Institute For Research & Development:
Data Sources and Methodology
This transparency report for The Hispanic Institute For Research & Development 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.