IGLESIA BAUTISTA CENTRAL INC

EIN: 320375315 501(c)(3) Religion

Paterson, NJ

Total Revenue
$155,492
Total Expenses
$192,457
Total Assets
$2,146,715
Net Assets
$1,849,578
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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
1971
Legal Domicile
NJ
Principal Officer
HUMBERTO SOLIS
Phone
9739680728
Tax Period
2024-01-01 to 2024-12-31

IGLESIA BAUTISTA CENTRAL INC, founded in 1971, is a small nonprofit in the Religion sector that reported $155K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $192K exceeded revenue, resulting in a 24% operating deficit.

Mission

BAPTIST CHURCH

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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 $130,460
Program Service Revenue $0
Investment Income $32
Other Revenue $25,000
TOTAL REVENUE $155,492

Expense Breakdown

Grants Paid $0
Salaries & Benefits $28,200
Fundraising Expenses $0
Program Expenses $56,027
Other Expenses $164,257
TOTAL EXPENSES $192,457

Year-over-Year Comparison

2024 2023 Change
Revenue $155,492 $112,059 +0.4%
Expenses $192,457 $150,533 +0.3%
Net Income $-36,965 $-38,474 0.0%
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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Governance

Voting Members
13
Independent Members
13
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
13
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HUMBERTO SOLIS PASTOR 20.00
Officer Key Emp
$0 $0 $0
AMBROSIA PLACENCIA DIRECTOR 12.00
Officer
$0 $0 $0
MARIA ELENA JARANILLO DIRECTOR 12.00
Officer
$0 $0 $0
JORGE LOPEZ JR DIRECTOR 12.00
Officer
$0 $0 $0
JORGE LOPEZ DIRECTOR 12.00
Officer
$0 $0 $0
FERNANDO JARAMILLO DIRECTOR 12.00
Officer
$0 $0 $0
MAYRA RODRIGUEZ DIRECTOR 12.00
Officer
$0 $0 $0
LAURA LOPEZ SR SECRETARY 12.00
Officer
$0 $0 $0
ROGEIRIS BALBI DIRECTOR 12.00
Officer
$0 $0 $0
SOFIA PAREDES DIRECTOR 12.00
Officer
$0 $0 $0
MARIBEL LOPEZ TREAUSRER 20.00
Officer
$0 $0 $0
ANGELA GIL DIRECTOR 12.00
Officer
$0 $0 $0
RAFAEL BATISTA DIRECTOR 12.00
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
2024 $155,492 $192,457 $2,146,715 $-36,965
2023 $112,059 $150,533 $2,195,248 $-38,474
2022 $641,197 $75,975 $1,968,162 $565,222
2021 $135,065 $89,163 $1,375,440 $45,902
2020 $138,910 $119,763 $1,336,693 $19,147
2019 $211,779 $145,560 $1,331,176 $66,219
2018 $202,065 $150,404 $1,270,923 $51,661
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