THE BLESSED SACRAMENT ALTAR SOCIETY

EIN: 320471248 501(c)(3) Religion

LAREDO, TX

Total Revenue
$38,056
Total Expenses
$9,058
Total Assets
$833,893
Net Assets
$833,893
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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
2015
Legal Domicile
TX
Principal Officer
VERONICA CIGARROA
Phone
9567221231
Tax Period
2024-01-01 to 2024-12-31

THE BLESSED SACRAMENT ALTAR SOCIETY, founded in 2015, is a micro nonprofit in the Religion sector that reported $38K in total revenue in fiscal year 2024. Revenue surged 189% from the prior year, signaling strong growth momentum. The organization ran a surplus of $29K, a strong 76% operating margin.

Mission

1. TO FURTHER SPIRITUAL AND MATERIAL UNDERTAKING WHICH MAY BE RECOMMENDED BY OUR PASTOR. 2. TO FOSTER A CLOSER RELATIONSHIP BETWEEN THE MEMBERS OF THE PARISH AND PASTOR. 3. TO ASSUME SUCH DUTIES PERTAINING TO THE UPKEEP OF THE CHURCH AND CARE OF THE ALTAR.

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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 $3,434
Program Service Revenue $0
Investment Income $34,622
Other Revenue $0
TOTAL REVENUE $38,056

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,058
Other Expenses $9,058
TOTAL EXPENSES $9,058

Year-over-Year Comparison

2024 2023 Change
Revenue $38,056 $13,146 +1.9%
Expenses $9,058 $145,562 -0.9%
Net Income $28,998 $-132,416 -1.2%
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
7
Independent Members
7
Employees
N/A
Volunteers
35

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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA GARCIA President 0.00
Officer
$0 $0 $0
ROSIE CAVAZOS Vice President 0.00
Officer
$0 $0 $0
MARTHA MEDELLIN Vice President 0.00
Officer
$0 $0 $0
BELEM GONZALEZ Vice President 0.00
Officer
$0 $0 $0
GLORIA SANDOVAL Secretary 0.00
Officer
$0 $0 $0
MARIE WENDEBORN Secretary 0.00
Officer
$0 $0 $0
LUPITA NARVAEZ Treasurer 0.00
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 $38,056 $9,058 $833,893 $28,998
2023 $13,146 $145,562 $804,895 $-132,416
2022 $5,000 $92,343 $937,311 $-87,343
2021 $2,426 $32,391 $1,024,654 $-29,965
2020 $271,473 $9,282 $1,054,619 $262,191
2019 $11,235 $17,527 $792,428 $-6,292
2018 $10,941 $20,417 $798,720 $-9,476
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