Chiquimundo Foundation Inc
Nonprofit profile at a glance
- EIN
- 800346635
- IRS 990 coverage
- 2016–2021
- Forms available
- Form 990 2021, Form 990-EZ 2020
- Location
- Elmhurst, NY, USA
- Phone
- 6467614333
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $3,500
- Expenses
- $3,475
- Assets
- $25
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Miosotis Mesa (President)
- Alexander Mesa (Vice President)
People named in this filing
- Jayme Lopez (Treasuser)
- Anthony Malagon (Trustee)
- Denise Malagon (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our main goal is to bring a message of love, unity, and hope to the less fortunate children and their families, by delivering toys, clothing, food, or school supplies, at various events and venues.
What it reported doing in 2021
Usual activities of Toy drives, coat drives, etc were postponed until further notice. Things are still slow after Covid pandemic. However, we did produce children songs in hopes to raise funds for our foundation's purposes.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.3%; rating input score 99
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0.7%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 70; 70th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 40% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 14.3% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 45% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 99.3% of revenue deployed · 100% of spending went to programs
- Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $3K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 2 filing years from 2016 to 2021
- 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.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Review — Sustainability: Operating margin scored 52/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.