Fundacion Hermanos De La Calle Inc

Nonprofit profile at a glance

EIN
821322053
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-EZ 2018
Location
Key Biscayne, FL, USA
Phone
3056001149
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$4,889,850
Expenses
$3,488,196
Assets
$1,832,675
Liabilities
$53,972

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • NARCISO MUNOZ (PRESIDENT)
  • REYNALDO FIGUEREDO (VICE PRESIDENT)
  • MALENA LEGARRE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MALENA LEGARRE (EXECUTIVE DIRECTOR): $93,600 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Hermanos de la calle is a christian faith-based non-profit organization dedicated to uplifting, supporting, and rehabilitating those experiencing homelessness in miami-dade county. The foundation works with individuals to reintegrate them as contributing and dignified members of society. We do this by providing safe housing, mental and emotional support, access to healthcare, legal services, employment opportunities, and reconnection to family and faith.

What it reported doing in 2024

Living assistance: existent programs with the homeless trust (street outreach and hotel accomodation or emergency housing - $605,521.34) and united way of broward (ssvf services - $809,393.60) were renewed in october 1st 2024.in may 2024 the city of miami mayor organized a gala to benefit hermanos de la calle. Net earning / contribution of about $750,000. Thanks to this contribution and the one of the dda (downtown development authority) for $125,000, we were able to add 6 additional properties to our inventory of the shared housing program.during 2024 hermanos de la calle provided services and a positive housing destination to more than 1800 homeless individuals, including more than 400 children. 450 veterans were served through ssvf services.

Operating model

Revenue model
Donor-supported. 72% 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 - 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: 72
  • Transparency & Controls: 87
  • Accountability: 79
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.5%; rating input score 70
  • Program expense ratio: 98.4%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 20th 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; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 28.7%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 0.53; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 2.7%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: 41.7% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 44.4% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 46.2% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 70.5% of revenue deployed · 98.4% of spending went to programs
  • Governance: 7 of 7 board members independent · 4 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $3.4M in reported program spending
  • Leadership: top reported pay $94K · 7 people listed
  • Consistency: 22 of 23 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Accountability: Governance controls: 4 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.