Cuba Independiente Inc
Nonprofit profile at a glance
- EIN
- 592092724
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Miami, FL, USA
- Phone
- 3215518484
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Human Rights
Reported finances
- Revenue
- $223,167
- Expenses
- $201,198
- Assets
- $63,554
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Rogelio Matos (President)
Highest reported compensation
- Juan Fernandez (Director): $18,000 total reported compensation
- Rogelio Matos (President): $12,000 total reported compensation
- Maria T Matos (Administrative Assistant): $12,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote democracy and Human Rights
What it reported doing in 2024
Grant #2022-0983 from the National Endowment for Democracy was awarded on March 1 2022 and subsequently renewed on July 1 2024 under Grant #2024-0062. In 2024 our organization received a total of $111,333 from this grant. Our program delivery costs in 2024 totaled $67,468 covering grants distributed to beneficiaries amounting to $57,268 and associated personnel costs of $10,200. For a detailed breakdown of our activities and accomplishments linked to this grant please consult Schedule O in our documentation.
Operating model
- Revenue model
- Grant-funded. 100% of the money available for current operations came from government grants.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 63
- Accountability: 55
- Sustainability: 44
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.4%; rating input score 70
- Program expense ratio: 78.1%; rating input score 78
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 81.8%; rating input score 82; 1st percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Fail
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 71.4%; rating input score 71; 19th percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Missing
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 9.8%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 25%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: -23.1% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 4.8% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 70.4% of revenue deployed · 78.1% of spending went to programs
- Governance: 5 of 7 board members independent · 3 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $159K in reported program spending
- Leadership: top reported pay $18K · 9 people listed
- Consistency: 34 of 42 current checks pass · 8 findings to review
- Schedules: 3 filed schedules · includes foreign activity
- Filing history: 2 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- 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 — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX ConferencesMeetings column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX FeesForServicesAccounting column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX InformationTechnology column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Occupancy column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX OfficeExpenses column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX PayrollTaxes column sum did not reconcile in the filed values.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.