Create Honduras Inc
Nonprofit profile at a glance
- EIN
- 471260634
- IRS 990-EZ coverage
- 2015–2016
- Forms available
- Form 990-EZ 2016
- Location
- Northport, AL, USA
- Phone
- 2053943441
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $42,098
- Expenses
- $46,596
- Assets
- $29,564
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- JAMES MILAM CAIN IV (PRESIDENT/SECRETARY)
- CHARLES DAVIS SNEAD (VICE PRESIDENT/TREASURER)
People named in this filing
- JAMES MILAM CAIN IV (PRESIDENT/SECRETARY)
- CHARLES DAVIS SNEAD (VICE PRESIDENT/TREASURER)
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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To foster trade and commerce and the interests of those having a common trade, business, financial or professional interest between the country of honduras and the country of the united states of america; to reform abuses reliable relative thereto; to provide accurate and reliable information as to merchants, professionals and other matters; and to advance the civic, commercial, industrial, and agricultural interests between honduras and the united states of america.
What it reported doing in 2016
Create honduras' primary initiative is keys to the kingdom, an after-school program that teaches english, business, and computer classes to children of low-income create honduras' primary initiative is keys to the kingdom, an after-school program that teaches english, business, and computer classes to children of low-incomefamilies. As a part of the program, create honduras provides the students with transport to and from the program, a snack and dinner, and classroom materials free of charge.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 100
- Sustainability: 39
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.6%; rating input score 82
- Program expense ratio: 77.9%; rating input score 78
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -10.7%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 0.63; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -14.4% per year; rating input score 0; 25th percentile among comparable filings
- Revenue growth: -71.4% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -14.1% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: 81.6% of revenue deployed · 77.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $36K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2015 to 2016
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 29/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.