ILUMNO FOUNDATION INC Charity Report

Tax-exempt status may be revoked

ILUMNO FOUNDATION INC

EIN 46-4141453 · Miscellaneous ManufacturingT

What they do

ORGANIZATIONS MISSION: INCREASE ACCESS to QUALITY HIGHER EDUCATION and EXPAND KNOWLEDGE IN DEVELOPING NATIONS THE ORGANIZATION PROGRAMS PROMOTE THE ACADEMIC STRENGHTENING and DEVELOPMENT of HUMAN CAPITAL

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2018The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

62.53%of revenue went to mission work52.8% of expenses · Program services

21.66%of revenue went to fundraising18.3% of expenses

$118.41spent for every $100 of revenueSpending was higher than revenue this year.

34.22%of revenue went to management and office costs28.9% of expenses

$0.09in assets for every $1 spent this yearSome assets cannot be spent right away.

100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $46,021 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2018

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$250,000

Mission workProgram services$156,32262.53% of revenue52.8% of expenses

ManagementOffice and general costs$85,55134.22% of revenue28.9% of expenses

FundraisingAsking for donations$54,14821.66% of revenue18.3% of expenses

Total expenses$296,021118.41% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

201852.8% mission

201732.2% mission

20160.0% mission

Money in and money out

Revenue$250,000

Expenses$296,021

Annual shortfall $46,021 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$156,322 · 52.8% of expenses

Management and office costs$85,551 · 28.9% of expenses

Fundraising$54,148 · 18.3% of expenses

See all reported dollar amounts

Revenue$250,000

Expenses$296,021

Assets$27,016

Income$250,000

Contributions$250,000

Mission work (program services)$156,322

Fundraising$54,148

Management and general$85,551

Accounting fees$4,250

People

Leadership and board

Tax year 2018

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (3)

ANDRES NUNEZPRESIDENT

DANIEL ROMERO-ABREUSECRETARY/TREASURER

RAMIRO ALMEIDASVICE-PRESIDENT

About this charity

Location: 2020 SALZEDO STREET, MIAMI, FL 33134
County: Miami-Dade
In care of: ANDRES NUNEZ ALVAREZ
Primary officer: ANDRES NUNEZ ALVAREZ, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(305) 903-4551

Filing and classification

Latest tax year: 2018
Tax period began: January 1, 2018
Return type: 990
Tax preparer: CARMEN A LOPEZ CPA PLLC
IRS tax category: Miscellaneous ManufacturingT
Revocation date: May 15, 2022