Segunda Quimbamba Folkloric Center Inc
Nonprofit profile at a glance
- EIN
- 223515086
- IRS 990 coverage
- 2021–2025
- Forms available
- Form 990 2025, Form 990-EZ 2024
- Location
- Jersey City, NJ, USA
- Phone
- 6466218239
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Cultural, Ethnic Awareness
Reported finances
- Revenue
- $211,591
- Expenses
- $190,107
- Assets
- $110,890
- Liabilities
- $10,446
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Nanette Hernandez (President)
- Juan Cartagena (Executive Director)
Highest reported compensation
- Nanette Hernandez (President): $40,715 total reported compensation
- Juan Cartagena (Executive Director): $39,328 total reported compensation
- Crystal Montalvo (Trustee): $1,480 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the preservation of folkloric music and dance of Puerto Rico especially the Bomba and the Plena of Puerto Rico through teaching performances recordings and publications. SQFC creates spaces where these Afro-Puerto Rican drumming and dancing traditions manifest themselves in the Puerto Rican diaspora. We strive to celebrate and share our drumming and dancing traditions with Puerto Ricans and others who seek to collaborate and learn about this Afro-Puerto Rican folklore especially and the Afro-Latino influences in Latin American culture in general.
What it reported doing in 2025
With 49 performances logged in 2025 over 9,500 persons of all races and nationalities witnessed SQFCs Afro-Puerto Rican musical expressions. With the addition of our performance at the National Puerto Rican Day Parade in June 2025 - the largest Puerto Rican parade in the U.S. - an additional 250,000 people enjoyed live Bomba and Plena music with Segunda Quimbamba. Among the 259,000 persons who saw Segunda Quimbamba perform in 2025 we had over 7,000 public-school students who were introduced to Puerto Rican drum and dance traditions at assemblies in Hoboken Morris Plains Bayonne Newark Jersey City Toms River Princeton Berkeley Heights Paterson Bridgeton Irvington North Haledon Trenton Kearny Pleasantville New Jersey plus schools in Wilmington and Dover Delaware.
Operating model
- Revenue model
- Other-operating. 70% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 97% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 86
- Accountability: 60
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.9%; rating input score 85
- Program expense ratio: 93.3%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 24th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 22nd percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 10.2%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.58; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 42.9%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: 28.4% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 26.8% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 20.4% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 84.9% of revenue deployed · 93.3% of spending went to programs
- Governance: 6 of 8 board members independent · 3 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $177K in reported program spending
- Leadership: top reported pay $41K · 8 people listed
- Consistency: 42 of 43 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 2 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- Review — Sustainability: Operating margin scored 57/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.