Incubadora Microempresa Bieke Inc

Nonprofit profile at a glance

EIN
660713442
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Vieques, Puerto Rico, RQ
Phone
7877418787
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Rural Economic Development

Reported finances

Revenue
$99,977
Expenses
$121,341
Assets
$56,509
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • ISMAEL HUGGINS (PRESIDENT)

People named in this filing

  • ISMAEL HUGGINS (PRESIDENT)
  • CARMEN N VALENCIA (TREASURER)
  • MERCEDES PEREZ (SECRETARY)

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

Provided help to the community economic development.

What it reported doing in 2024

Community kitchen-created to help people from vieques establish their own business usign their food preparation skills using all space, materials and utensils provided by the entity.

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

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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 86.8%; rating input score 87

Transparency & Controls

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

Sustainability

  • Operating margin: -21.4%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0.4%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 41.1% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 44.4% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: -20.5% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 86.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $105K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2020 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 22/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.