The Hispanic Institute Inc
The Hispanic Institute Inc. faces significant financial instability with highly volatile revenue and declining assets.
EIN: 203819517 · Washington, DC · NTEE: A99 · Updated: 2026-03-28
Is The Hispanic Institute Inc 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 Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Hispanic Institute Inc
The Hispanic Institute Inc (EIN: 203819517) is a nonprofit organization based in Washington, DC, classified under NTEE code A99. The organization reported total revenue of $274K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Hispanic Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Hispanic Institute Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of -31.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $18K |
| Surplus / Deficit | $-6,307 |
| Total Assets | $284 |
| Net Assets | $284 |
| Operating Margin | -52.6% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2022, The Hispanic Institute Inc reported a deficit of $6K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2010–2022), The Hispanic Institute Inc's revenue has declined at a compound annual growth rate (CAGR) of -31.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +14.3% | -71.6% | -95.7% |
| 2021 | -96.7% | -76.2% | -89.1% |
| 2020 | +24380.8% | +174.8% | +375.1% |
| 2019 | -99.3% | -76.6% | -88.4% |
| 2018 | +558.0% | -28.2% | -67.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Inc with a Mission Score of 40 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The Hispanic Institute 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 $6K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries or benefits were paid to officers, which is highly unusual for an organization of its past scale and suggests potential reliance on volunteer leadership or other compensation structures not captured as 'officer compensation'.
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 Inc's IRS 990 filings:
- Extreme revenue volatility (e.g., $1,715,002 in 2016 vs. $12,000 in 2022).
- Frequent operating deficits (expenses exceeding revenue in 7 out of 10 listed years).
- Significant decline in assets (from $891,611 in 2016 to $45,138 currently).
- Unusually low current assets relative to past operational scale ($45,138).
- Consistent 0% officer compensation, which is atypical for an organization of its past size and could indicate reliance on uncompensated leadership or alternative compensation structures.
Strengths
The following positive indicators were identified for The Hispanic Institute Inc:
- No reported liabilities in recent years (2022, 2021, 2020, 2019, 2018, 2017).
- Transparency in reporting 0% officer compensation, indicating no direct executive salaries from the organization's funds.
Frequently Asked Questions about The Hispanic Institute Inc
Is The Hispanic Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Hispanic Institute Inc (EIN: 203819517) significant concerns. Mission Score: 40/100. 5 red flags identified, 2 strengths noted.
How does The Hispanic Institute Inc spend its money?
The Hispanic Institute Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Hispanic Institute Inc tax-deductible?
The Hispanic Institute Inc is registered as a tax-exempt nonprofit (EIN: 203819517). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why is there such extreme volatility in The Hispanic Institute Inc.'s revenue and expenses year-over-year?
The filings show revenue ranging from $1,300 to $1,715,002 and expenses from $18,307 to $830,092, suggesting an inconsistent funding model or project-based operations that lead to unpredictable financial flows.
How does The Hispanic Institute Inc. sustain operations with frequent deficits and declining assets?
In multiple years (e.g., 2022, 2021, 2019, 2018, 2017, 2015, 2013), expenses significantly exceeded revenue. The organization's assets have also declined from $891,611 in 2016 to $45,138 currently, indicating a reliance on drawing down reserves or other unstated funding sources.
What is the functional expense breakdown for The Hispanic Institute Inc.?
The provided summary data does not include a detailed breakdown of program, administrative, and fundraising expenses, making it difficult to assess spending efficiency beyond the overall revenue and expense figures.
Who are the officers and how are they compensated if 'Officer Comp' is consistently 0%?
The consistent 0% officer compensation suggests either a fully volunteer-led executive team or that compensation is structured in a way not reported under 'Officer Comp' on the 990, which warrants further investigation into the organization's governance and compensation practices.
Filing History
IRS 990 filing history for The Hispanic Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), The Hispanic Institute Inc's revenue has declined by 98.9%, moving from $1.1M to $12K. Total assets decreased by 99.1% over the same period, from $32K to $284. Total functional expenses fell by 98.2%, from $1.0M to $18K. In its most recent filing year (2022), The Hispanic Institute Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $12K | $18K | $284 | $0 | — | View 990 |
| 2021 | $11K | $64K | $7K | $0 | — | View 990 |
| 2020 | $318K | $270K | $61K | $0 | — | — |
| 2019 | $1K | $98K | $13K | $0 | — | View 990 |
| 2018 | $197K | $420K | $110K | $0 | — | View 990 |
| 2017 | $30K | $586K | $333K | $0 | — | View 990 |
| 2016 | $1.7M | $830K | $892K | $3K | — | View 990 |
| 2015 | $72K | $181K | $4K | $445 | — | View 990 |
| 2014 | $491K | $385K | $113K | $162 | — | View 990 |
| 2013 | $77K | $322K | $7K | $807 | — | View 990 |
| 2012 | $845K | $732K | $255K | $4K | — | View 990 |
| 2011 | $728K | $621K | $150K | $12K | — | View 990 |
| 2010 | $1.1M | $1.0M | $32K | $97 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $12K, expenses of $18K, and assets of $284 (revenue +14.3% year-over-year).
- 2021: Revenue of $11K, expenses of $64K, and assets of $7K (revenue -96.7% year-over-year).
- 2020: Revenue of $318K, expenses of $270K, and assets of $61K (revenue +24380.8% year-over-year).
- 2019: Revenue of $1K, expenses of $98K, and assets of $13K (revenue -99.3% year-over-year).
- 2018: Revenue of $197K, expenses of $420K, and assets of $110K (revenue +558.0% year-over-year).
- 2017: Revenue of $30K, expenses of $586K, and assets of $333K (revenue -98.3% year-over-year).
- 2016: Revenue of $1.7M, expenses of $830K, and assets of $892K (revenue +2295.3% year-over-year).
- 2015: Revenue of $72K, expenses of $181K, and assets of $4K (revenue -85.4% year-over-year).
- 2014: Revenue of $491K, expenses of $385K, and assets of $113K (revenue +538.0% year-over-year).
- 2013: Revenue of $77K, expenses of $322K, and assets of $7K (revenue -90.9% year-over-year).
- 2012: Revenue of $845K, expenses of $732K, and assets of $255K (revenue +16.1% year-over-year).
- 2011: Revenue of $728K, expenses of $621K, and assets of $150K (revenue -31.1% year-over-year).
- 2010: Revenue of $1.1M, expenses of $1.0M, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Hispanic Institute Inc:
Data Sources and Methodology
This transparency report for The Hispanic Institute 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.