Fundacion Mama Margarita Db Corp

Nonprofit profile at a glance

EIN
454825908
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024, Form 990-N 2013
Location
Miami, FL, USA
Phone
7862006017
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
International Relief

Reported finances

Revenue
$74,399
Expenses
$94,942
Assets
$208,050

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Manuel S Gallo (President, Dir.)

People named in this filing

  • Manuel S Gallo (President, Dir.)
  • Donald Caldwell (Treasurer, Dir.)
  • Lucia V Arguello (Secretary, Dir.)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to provide support to needy children and families.

What it reported doing in 2024

Our program accomplishments for 2024 include:- We feed 80 to 100 children daily, and this is part of our Food program. Due to the poverty in Nicaragua, we are providing more food rations as usual.- We also spend $15,000 so that 15 Children to attend a private religious school. - Financial aid is given to families for medicine, food, rent and other necessities.- We have four buildings at the foundation. One building houses the staff, the second is the kitchen and dining room and two buildings serve as dorm room that lodges about 24 missionaries. Two small houses were built for the poor in Nicaragua this year. - The goal since the beginning of the foundation was to bring missionaries to the foundation so in the future, we would like to advertise to more groups to give their time and support to the people of Nicaragua. We also want to continue to provide financial help to the children of Nicaragua to attend private schools.

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
Hybrid. The nonprofit split its reported program spending across 79% for direct work, and 21% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.4%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -27.6%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 2.19; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 12.6%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -3.6% per year; rating input score 0; 38th percentile among comparable filings
  • Revenue growth: -9.7% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: 12.7% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $93K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Operating margin scored 19/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.