IGLESIA CHURCH OF CHIRST

EIN: 364403947 501(c)(3) Religion

ELGIN, IL

Total Revenue
$155,313
Total Expenses
$155,313
Total Assets
$407,237
Net Assets
N/A
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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
2005
Legal Domicile
IL
Principal Officer
RICARDO BAEZA
Phone
8477364189
Tax Period
2024-01-01 to 2024-12-31

IGLESIA CHURCH OF CHIRST, founded in 2005, is a small nonprofit in the Religion sector that reported $155K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

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 $155,313
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $155,313

Expense Breakdown

Grants Paid $0
Salaries & Benefits $44,040
Fundraising Expenses $0
Program Expenses $0
Other Expenses $111,273
TOTAL EXPENSES $155,313

Year-over-Year Comparison

2024 2023 Change
Revenue $155,313 $138,226 +0.1%
Expenses $155,313 $108,061 +0.4%
Net Income $0 $30,165 -1.0%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
185
Independent Members
N/A
Employees
1
Volunteers
50

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
1
$44,040
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICARDO BARRERRA 40.00
Director
$44,040 $0 $44,040
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 $155,313 $155,313 $407,237 No data
2023 $138,226 $108,061 $427,238 $30,165
2022 $190,961 $149,878 $436,527 $41,083
2021 $154,339 $112,398 $471,042 $41,941
2020 $122,005 $102,642 $375,460 $19,363
2019 $109,163 $111,941 $378,377 $-2,778
2018 $107,446 $104,816 $386,970 $2,630
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