IGLESIA ROCA DE SALVACION INC

EIN: 205549365 501(c)(3) Religion

CHARLOTTE, NC

Total Revenue
$99,867
Total Expenses
$77,329
Total Assets
$707,081
Net Assets
$707,081
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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
2006
Legal Domicile
NC
Principal Officer
SANDRA SOLANO
Phone
6314341038
Tax Period
2025-01-01 to 2025-12-31

IGLESIA ROCA DE SALVACION INC, founded in 2006, is a micro nonprofit in the Religion sector that reported $100K in total revenue in fiscal year 2025. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $23K, a strong 23% operating margin.

Mission

RELIGIOUS WORSHIP SERVICES AND BIBLICAL INSTRUCTION

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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 (2025)

Revenue Breakdown

Contributions & Grants $99,867
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $99,867

Expense Breakdown

Grants Paid $10,078
Salaries & Benefits $2,850
Fundraising Expenses $0
Other Expenses $64,401
TOTAL EXPENSES $77,329

Year-over-Year Comparison

2025 2024 Change
Revenue $99,867 $142,947 -0.3%
Expenses $77,329 $122,492 -0.4%
Net Income $22,538 $20,455 +0.1%
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
8
Independent Members
N/A
Employees
N/A
Volunteers
8

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
5
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSE ESPINAL PRESIDENT 15
Officer Director
$0 $0 $0
MERCEDES GALDAMEZ TRUSTEE 10
Officer Director
$0 $0 $0
SANDRA YANIRA PORTILLO SECRETARY 15
Officer Director
$0 $0 $0
MARIA SABEL ARRIOLA TREASURER 15
Officer
$0 $0 $0
JOSE ADOLFO MEJIA TRUSTEE 10
Officer
$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
2025 $99,867 $77,329 $707,081 $22,538
2023 $121,837 $93,015 $663,998 $28,822
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