FIRST CHURCH OF THE OPEN BIBLE

EIN: 952887101 501(c)(3)

Rosemead, CA

Total Revenue
$104,737
Total Expenses
$108,567
Total Assets
$1,508,732
Net Assets
$1,496,163
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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
1948
Legal Domicile
CA
Tax Period
2021-01-01 to 2021-12-31

FIRST CHURCH OF THE OPEN BIBLE, founded in 1948, is a small nonprofit that reported $105K in total revenue in fiscal year 2021. Net assets of $1.5M represent 171 months of operating reserves.

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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $104,737
TOTAL REVENUE $104,737

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $108,567
Other Expenses $108,567
TOTAL EXPENSES $108,567

Year-over-Year Comparison

2021 2020 Change
Revenue $104,737 N/A N/A
Expenses $108,567 N/A N/A
Net Income $-3,830 N/A 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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
4
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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK CONTRERAS DIRECTOR 0.00
Highest
$31,546 $0 $31,546
ARTHUR LANDING TREASURER 0.00
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
2024 No data No data No data No data
2023 No data No data No data No data
2021 $104,737 $108,567 $1,508,732 $-3,830
2020 $229,417 $189,252 $1,600,279 $40,165
2019 $301,818 $183,269 $1,568,542 $118,549
2018 $244,990 $180,634 $1,385,395 $64,356
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