National Immigrant Heritage Center

Nonprofit profile at a glance

EIN
852900313
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Farmington, CT, USA
Phone
8608170368
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Official website

Reported finances

Revenue
$105,532
Expenses
$91,802
Assets
$68,684
Liabilities
$12,212

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

Leadership & pay

9 people listed

Executive titles in this filing

  • DEMETRIOS GIANNAROS (PAST PRESIDENT)
  • ASHA J LASSEN (PRESIDENT)
  • ANA ALFARO (VICE PRESIDENT)

People named in this filing

  • ADAM M FORMUS (BOARD MEMBER)
  • TIMOTHY NORMAN (SECRETARY)
  • ROBERT FISHMAN (BOARD 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

The organization's mission is to celebrate, preserve, publicize, and promote immigrant heritage and cultural diversity as defining characteristics of the american nation, and the contributions of immigrants and immigration to american economy, culture, and civil society. Advocate for immigrants and refugees, facilitate collaboration among related organizations on mission-based services and programs, and promote inter-ethnic and cultural understanding.

What it reported doing in 2024

The immigrant heritage hall of fame (ihhf), held annually in Connecticut, celebrates the diverse ethnic heritage of our nation by honoring individuals and institutions, who exemplify the best of their immigrant heritage and have made outstanding contributions to the cultural, economic, and civic development of the state and nation; preserves this heritage, by publishing the biographies of the inductees and the history of their ethnic communities; educates the public about the importance of immigrant heritage to the identity of the american nation, and the contributions of immigrants and immigrant communities to our country and state

Operating model

Revenue model
Earned-program. 95% of the money available for current operations came from fees and other program revenue.
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. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.4%; rating input score 82
  • Program expense ratio: 94.7%; rating input score 95

Transparency & Controls

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

Sustainability

  • Operating margin: 13%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0.75; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 45.2% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 41.3% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 38.5% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 82.4% of revenue deployed · 94.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $87K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.