IGLESIA BIBLICA PENIEL

EIN: 521648449 501(c)(3) Religion

Hyattsville, MD

Total Revenue
$210,356
Total Expenses
$227,058
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
1989
Legal Domicile
MD
Principal Officer
NOE ARRUE
Phone
3018649888
Tax Period
2024-01-01 to 2024-12-31

IGLESIA BIBLICA PENIEL, founded in 1989, is a small nonprofit in the Religion sector that reported $210K in total revenue in fiscal year 2024.

Mission

CHURCH RELIGIOUS ACTIVITIES PREACH ABOUT GOD TO EVERY CREATURE SHARE THE LOVE OF GOD WITH THE POOR NEEDY AND SICK IN THE COMMUNITY

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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 $210,356
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $210,356

Expense Breakdown

Grants Paid $0
Salaries & Benefits $131,015
Fundraising Expenses $0
Other Expenses $96,043
TOTAL EXPENSES $227,058

Year-over-Year Comparison

2024 2023 Change
Revenue $210,356 $212,455 0.0%
Expenses $227,058 $231,287 0.0%
Net Income $-16,702 $-18,832 -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
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
1
$41,283
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLOS RIVAS PASTOR 40.00
Officer
$41,283 $0 $41,283
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 $210,356 $227,058 No data $-16,702
2023 $212,455 $231,287 No data $-18,832
2022 $207,926 $199,929 $18,750 $7,997
2021 $197,351 $167,037 $15,342 $30,314
2020 $171,276 $171,276 $63,100 No data
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