IGLESIA BAUTISTA VICTORIA

EIN: 205445155 501(c)(3) Religion

CHARLESTON, SC

Total Revenue
$179,137
Total Expenses
$199,589
Total Assets
$550,732
Net Assets
$550,732
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
SC
Phone
8434420308
Tax Period
2024-01-01 to 2024-12-31

IGLESIA BAUTISTA VICTORIA, founded in 2018, is a small nonprofit in the Religion sector that reported $179K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $200K exceeded revenue, resulting in a 11% operating deficit.

Mission

IGLESIA BAUTISTA VICTORIA CURRENTLY MINISTERS TO THE SPIRITUAL AND PHYSICAL NEEDS OF HUNDREDS OF LOCAL RESIDENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $177,596
Program Service Revenue $0
Investment Income $1,541
Other Revenue $0
TOTAL REVENUE $179,137

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,796
Fundraising Expenses $0
Program Expenses $199,589
Other Expenses $160,793
TOTAL EXPENSES $199,589

Year-over-Year Comparison

2024 2023 Change
Revenue $179,137 $200,213 -0.1%
Expenses $199,589 $127,538 +0.6%
Net Income $-20,452 $72,675 -1.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LUIS TORRES LUENGAS PASTOR 0.00
Director
$0 $0 $0
DAVID OTALORA AMAYA TREASURER 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $179,137 $199,589 $550,732 $-20,452
2023 $200,213 $127,538 $572,029 $72,675
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