IGLESIA VIDA ABUNDANTE

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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

1995

Legal Domicile

Principal Officer

JORGE ISAIAS FIGUEROA

Phone

7206206395

Tax Period

2018-01-01 to 2018-12-31

IGLESIA VIDA ABUNDANTE, founded in 1995, is a small nonprofit in the Religion sector that reported $134K in total revenue in fiscal year 2018. The organization ran a surplus of $45K, a strong 34% operating margin.

Mission

THE CHURCH MISSION IS TO STIMULATE SPIRITUAL GROWTH IN INDIVIDUALS AND FAMILIES BY BRINGING THEM INTO A PERSONAL ENCOUNTER WITH JESUS CHRIST AND TO INTEGRATE THEM IN A COMMUNITY OF BELIEVERS WHO WISH TO FOLLOW THE LORD. FURTHER, THE MISSION IS TO ENGAGE IN ANY AND ALL LAWFUL ACTIVITIES INCIDENTIAL TO THE FOREGOING PURPOSES EXCEPT AS RESTRICTED HEREIN.

Program Service Accomplishments

Program 1

Expenses: $79,298

THE CHURCH PROVIDES SUNDAY SCHOOL, WEEKLY WORSHIP AND SPIRITUAL SERVICES FOR ITS CONGREGATION. PROGRAMS ARE PROVIDED IN CONGREGATION AND SMALL GROUP SETTINGS. THESE SERVICES ARE SUPPLEMENTED BY...

THE CHURCH PROVIDES SUNDAY SCHOOL, WEEKLY WORSHIP AND SPIRITUAL SERVICES FOR ITS CONGREGATION. PROGRAMS ARE PROVIDED IN CONGREGATION AND SMALL GROUP SETTINGS. THESE SERVICES ARE SUPPLEMENTED BY SPECIALIZED PROGRAMS FOR SPIRITUAL DEVELOPMENT AND RELIGIOUS EDUCATION DESIGNED TO ENHANCE THE OBJECTIVES OF ITS STATED MISSION.

Program 2

Expenses: $9,107

THE CHURCH IS CALLED TO SUPPORT MINISTRIES AND OUT REACH MISSIONS THROUGH THE FUNDING OF OTHER RELIGIOUS AND SUPPORT ORGANIZATIONS WITH OBJECTIVES COMPATIBLE WITH ITS STATED MISSION.

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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 (2018)

Revenue Breakdown

Contributions & Grants $133,729

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $133,729

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $88,405

Other Expenses $88,405

TOTAL EXPENSES $88,405

Year-over-Year Comparison

	2018	2017	Change
Revenue	$133,729	N/A	N/A
Expenses	$88,405	N/A	N/A
Net Income	$45,324	$0	N/A

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

Employees

N/A

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
JORGE ISAIAS FIGUEROA ROMERO	PRESIDENT	40.00	Officer	$0	$0	$0
GERARDO ZAPATA	VICE PRESIDENT	2.00	Officer	$0	$0	$0
SUSY DELGADILLO	SECRETARY	2.00	Officer	$0	$0	$0
ISMAEL SAAVEDRA	TREASURER	2.00	Officer	$0	$0	$0
ROSALINDA MENDOZA	FINANCIAL	2.00	Officer	$0	$0	$0
ANDRES ESTEBAN	AUDITOR	2.00	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
2018	$133,729	$88,405	$24,523	$45,324