Fe Foundation of the Hispanic Chamb Commerce of the Lehigh Valley

Nonprofit profile at a glance

EIN
271912799
IRS 990-EZ coverage
2012–2022
Forms available
Form 990-EZ 2022, Form 990-N 2013
Location
Allentown, PA, USA
Phone
6108411128
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$39,745
Expenses
$26,468
Assets
$55,675

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

Leadership & pay

12 people listed

People named in this filing

  • MYRA PINA (EXECUTIVE DI)
  • LUIS E CAMPOS (CHAIR)
  • FIDEL GONZALEZ (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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The objective of the futuros emoresaruis (fe) program is develop tomorrow's business leaders by teaching them basic entrepreneurial skills and enable them to expand on this new knowledge by working at a company or organization aligned with their future interests. Furthermore, the fe foundation hopes to give high school students in 10th and 11th grade the final push they need to make the decision to take action toward a postive future.

What it reported doing in 2022

The foundation provides local lehigh valley students with internships in area businesses to teach the students opportunities available and gain valuable skills to increase their success in school and working.

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

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 82
  • Sustainability: 64
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50.9%; rating input score 51
  • Program expense ratio: 76.3%; rating input score 76

Transparency & Controls

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

Sustainability

  • Operating margin: 33.4%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 2.1; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -1.5% per year; rating input score 0; 48th percentile among comparable filings
  • Revenue growth: -1.9% per year; rating input score 0; 49th percentile among comparable filings
  • Asset growth: -10.5% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 50.9% of revenue deployed · 76.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $20K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2012 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.

  • Review — Financial Efficiency: Mission deployment rate scored 51/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.