Paloma Del Carmen Fund

Nonprofit profile at a glance

EIN: 811176818
IRS 990-EZ coverage: 2017–2020
Official website data refreshed: Sep 2026
Forms available: Form 990-EZ 2020, Form 990-N 2017
Location: Chicago, IL, USA
Phone: 8476913395
Rating: 84
Verdict: STRONG
Rating confidence: Moderate
Sector: Fund Raising and Fund Distribution
Affiliation: Religious (unspecified)

Official website

Reported finances

Revenue: $3,758
Expenses: $41,448
Assets: $23,254
Liabilities: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

SOFIA WESTMEYER (PRESIDENT)
PETER WESTMEYER (VICE PRESIDENT)

People named in this filing

ROBERTO PEREZ (BOARD MEMBER)
SOFIA WESTMEYER (PRESIDENT)
PETER WESTMEYER (VICE PRESIDENT)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To reshape and strengthen Puerto Rico's food economy by empowering farmers and fishermen through disaster relief, microloans, and education.

What it reported doing in 2020

In 2018 the fund began providing direct assistance to the farmers of puerto rico that were affected by huricane maria.

Operating model

Revenue model: Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model: Grant intermediary. The nonprofit sent 77% of its reported program spending out as 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: 100
Transparency & Controls: 82
Sustainability: 23
Growth: 0

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; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -1,002.9%; rating input score 3; 3rd percentile among comparable filings
Total-asset coverage ratio: 0.56; rating input score 23; 23rd percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -9.2% per year; rating input score 0; 38th percentile among comparable filings
Revenue growth: -54.7% per year; rating input score 0; 7th percentile among comparable filings
Asset growth: -32.4% per year; rating input score 0; 5th percentile among comparable filings

Details

What they do: 4 programs and campaigns described on the official site · 1 operating location identified
Where the money goes: 100% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $41K in reported program spending
Leadership: top reported pay $0 · 3 people listed
Consistency: 9 of 9 current checks pass
Schedules: 2 filed schedules
Filing history: 4 filing years from 2017 to 2020
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 3/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 23/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.