Asociacion Para El Mejoramiento Instituciones Guiadas Orientadas

Nonprofit profile at a glance

EIN
660684411
IRS 990-EZ coverage
2021–2022
Forms available
Form 990-EZ 2022
Location
Arecibo, PR, USA
Phone
7876890013
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Children's, Youth Services

Reported finances

Revenue
$61,224
Expenses
$103,088
Assets
$60,723
Liabilities
$49,748

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • Juan A Rojas Castellon (Pres)
  • Betty Albaladejo Maldonado (Ex Dir)
  • Francisco Llovet (Acctg)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide assistance to homeless /unemployed citizens of Arecibo area.

What it reported doing in 2022

To provide assistance to homeless and unemployed citizens. $43,610 for rent expenses, aprox 46 participants. Includes food and medicines $5680 for aprox 20 participants.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 82
  • Sustainability: 21
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.2%; rating input score 71
  • Program expense ratio: 42.3%; rating input score 42

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -68.4%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.59; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0.82; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -36% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -61.1% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -29.6% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 71.2% of revenue deployed · 42.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $44K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2021 to 2022
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Program expense ratio scored 42/100.
  • High — Sustainability: Operating margin scored 11/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.