La Casa De La Herencia Cultural Puertorriquena Inc

Nonprofit profile at a glance

EIN
133205023
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
New York, NY, USA
Phone
6468041514
Rating
96
Verdict
STRONG
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Official website

Reported finances

Revenue
$131,207
Expenses
$135,439
Assets
$42,464

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

Leadership & pay

4 people listed

Executive titles in this filing

  • LETICIA RODRIGUEZ (EXECUTIVE DIRECTOR/AUTHORIZED OFFICER)

People named in this filing

  • LETICIA RODRIGUEZ (EXECUTIVE DIRECTOR/AUTHORIZED OFFICER)
  • RAFAEL MERINO (BOARD CHAIR)
  • JUSTINO RODRIGUEZ (MEMBER)

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

To present and preserve Puerto Rican history, culture, literature, and the arts. To house, protect, and make available to the public, scholarly collections of the Puerto Rican Heritage Library and Resource Center.

What it reported doing in 2024

La Casa de la Herencia Cultural Puertorriquea conducted year-round cultural and educational activities, sponsored artists and groups, and worked in collaboration with other city organizations, in the development, presentation, and preservation of Puerto Rican culture, literatue and the arts.

Operating model

Revenue model
Donor-supported. 98% 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: 100
  • Transparency & Controls: 100
  • Sustainability: 27
  • Growth: 100

Detailed rating inputs

Financial Efficiency

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

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: -3.2%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.31; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 17.6% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 17.8% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 1% per year; rating input score 100; 31st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $135K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2012 to 2024
  • 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: Operating margin scored 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.