IGLESIA CRISTO NUESTRO REY INC

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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

2008

Legal Domicile

Principal Officer

DAVID ROMAN

Tax Period

2023-01-01 to 2023-12-31

IGLESIA CRISTO NUESTRO REY INC, founded in 2008, is a small nonprofit in the Religion sector that reported $267K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $233K left a modest 13% surplus.

Mission

PROVIDE THE COMMUNITY WITH CHURCH SERVICES AS WELL CERTAINT ACTIVITIES TO ENGAGE THE FAMILIES OF OUR COMMUNITY TO FOLLOW GOOD CHRISTIAN PRACTICE AND BECOME PRODUCTIVE CITIZENS

Program Service Accomplishments

Program 1

Expenses: $233,204 Revenue: $266,631

PROVIDE THE COMMUNITY WITH CHURCH SERVICES AS WELL CERTAINT ACTIVITIES TO ENGAGE THE FAMILIES OF OUR COMMUNITY TO FOLLOW GOOD CHRISTIAN PRACTICE AND BECOME PRODUCTIVE CITIZENS

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $266,631

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $266,631

Expense Breakdown

Grants Paid $0

Salaries & Benefits $95,273

Fundraising Expenses $0

Program Expenses $233,204

Other Expenses $137,931

TOTAL EXPENSES $233,204

Year-over-Year Comparison

	2023	2022	Change
Revenue	$266,631	$191,106	+0.4%
Expenses	$233,204	$196,424	+0.2%
Net Income	$33,427	$-5,318	-7.3%

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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACKELINE ROMAN	SECRETARY	40.00	Director	$0	$0	$0
NIYERETH CIFUENTES	TREASURER	20.00	Officer	$0	$0	$0
DAVID ROMAN	FOUNDER PRESIDENT AND PASTOR	40.00	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
2023	$266,631	$233,204	$261,770	$33,427
2021	$153,811	$182,478	No data	$-28,667
2020	$143,307	$142,880	No data	$427
2019	$118,086	$166,560	$246,153	$-48,474