MINISTERIOS LA VID VERDADERA

EIN: 371576071 501(c)(3) Religion

MISSION, TX

Total Revenue
$248,367
Total Expenses
$229,877
Total Assets
N/A
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
2017
Legal Domicile
TX
Principal Officer
LETICIA SANCHEZ
Phone
9564581444
Tax Period
2024-01-01 to 2024-12-31

MINISTERIOS LA VID VERDADERA, founded in 2017, is a small nonprofit in the Religion sector that reported $248K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $230K left a modest 7% surplus.

Mission

CHURCH SERVICES CHARITY SERVICES

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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 $248,367
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $248,367

Expense Breakdown

Grants Paid $0
Salaries & Benefits $127,536
Fundraising Expenses $0
Other Expenses $94,313
TOTAL EXPENSES $229,877

Year-over-Year Comparison

2024 2023 Change
Revenue $248,367 $167,421 +0.5%
Expenses $229,877 $99,113 +1.3%
Net Income $18,490 $68,308 -0.7%
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
N/A
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
PEDRO MARTINEZ PRESIDENT 000.00
Director
$0 $0 $0
LETICIA SANCHEZ SECRETARY 000.00
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 $248,367 $229,877 No data $18,490
2023 $167,421 $99,113 $227,655 $68,308
2019 $154,915 $147,949 No data $6,966
2018 $160,600 $148,332 No data $12,268
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