Iglesia 316 Inc

Nonprofit profile at a glance

EIN
811946176
IRS 990-EZ coverage
2017–2019
Forms available
Form 990-EZ 2019, Form 990-N 2016
Location
Oakwood, GA, USA
Phone
6789364191
Rating
42
Verdict
MIXED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$109,900
Expenses
$86,051
Assets
$31,766

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Sebastian Franco (Vice President)

People named in this filing

  • Jorge A Mercado (Senior Pastor)
  • Rebeca Yanez (Secretary)
  • Sebastian Franco (Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We are a non-profit organization classified as a church where we teach and preach the gospel of Jesus Christ to all people. We are a church that organizes services and events to reach the community and spread the gospel.

What it reported doing in 2019

B. Adult Service Wednesday: Services are held every Wednesday of the month. The averages in attendance are 60. Childcare is provided during services from the ages of 1 year to 12 years old. Services are provided for the children ages 4-12 so that they may too be taught the gospel. The average in children and volunteers in attendance are 25.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 7
  • Transparency & Controls: 82
  • Sustainability: 47
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 6.2%; rating input score 6
  • Program expense ratio: 8%; rating input score 8

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 21.7%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 0.37; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 27.2%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: -1.5% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: 33% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 63% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 6.2% of revenue deployed · 8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $7K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2017 to 2019
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 6/100.
  • High — Financial Efficiency: Program expense ratio scored 8/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.