Folklore Y Ritmos De Panama is a 501(c)(3) organization based in Cedar Park, Texas, registered in 2009, with $84,718 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$85K
▲ 0.7% vs prior year
Human Services median: $293K
Expenses (FY2024)
$75K
Net assets
$65K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Folklore Y Ritmos De Panama— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Folklore Y Ritmos De Panama: 10 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Folklore Y Ritmos De Panama— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Folklore Y Ritmos De Panama: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $12K (FY2012) to $85K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
10.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$65K
Net assets
$65K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $84,718▲0.7% | $75,447▲108% | $64,725▲16.7% | $64,725▲16.7% | 990EZ |
| 2023 | $84,127▲533% | $36,249▲195% | $55,454▲3217% | $55,454▲3217% | 990EZ |
| 2014 | $13,288▲14.6% | $12,296▲0.9% | $1,672▲146% | $1,672▲146% | 990EZ |
| 2013 | $11,598▼4.6% | $12,186▼16.6% | $679▼46.4% | $679▼46.4% | 990EZ |
| 2012 | $12,163 | $14,617 | $1,267 | $1,267 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for Folklore Y Ritmos De Panama (EIN 33-1217218) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.