Fiesta De Independencia Foundation

Nonprofit profile at a glance

EIN
742837979
IRS 990-EZ coverage
2010–2022
Forms available
Form 990-EZ 2022
Location
Austin, TX, USA
Phone
5127081690
Rating confidence
Limited
Sector
Commemorative Events

Reported finances

Revenue
$0
Expenses
$19,918
Assets
$0
Liabilities
$0

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

Leadership & pay

3 people listed

People named in this filing

  • ROSIE E MENDOZA (CO-CHAIR/TREASURER)
  • ROBERT CHAPA JR (CO-CHAIR/SEC)
  • GUSTAVO GARCIA (CO-CHAIR)

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 organize an annual cultural and educational event that celebrates and re-enacts mexico's declaration of independence from spain. The event is at the Texas state capital grounds and is held on the anniversary of the event and is free of charge to all interested citizens.

What it reported doing in 2022

Support of youth and community events to promote central Texas youth and nonprofit organizations.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 84% of its reported program spending out as grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 30
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 80.3%; rating input score 80

Transparency & Controls

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

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd 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: 5.9% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: -10.2% per year; rating input score 0; 27th percentile among comparable filings
  • Asset growth: -0.6% per year; rating input score 0; 36th percentile among comparable filings

Details

  • Where the money goes: 80.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $16K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2010 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.

  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.