Iglesia Fuente De Agua De Vida Y Salvacion Pentecostal

Nonprofit profile at a glance

EIN
273620258
IRS 990-EZ coverage
2018–2021
Forms available
Form 990-EZ 2021
Location
Lawrence, MA, USA
Phone
9785900361
Rating
49
Verdict
MIXED
Rating confidence
Moderate
Sector
Protestant
Affiliation
Christianity

Reported finances

Revenue
$23,790
Expenses
$24,598
Assets
$9,583

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • JUANITA ARROYO (PASTOR AND P)
  • JOSEFINA ARROYO (TREASURER)
  • WILMA SANTIAGO (SECRETARY)

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose for which this corporation is incorporated include the provision of religious services and charitable endeavors for which churches of divine worship may incorporate in the state of Massachusetts to deal in and procure all lawful endeavors for which non-profit corporations may be incorporated under the laws of the state of Massachusetts to expand into as many diversified fields or endeavors for the furtherance of our objective as may be lawful under the statutes of the state of Massachusetts and said statute's subsequent amendments. To buy, sell, deal in, or handle real estate necessary for the proper conduct and business of the corporation, including those set forth in the articles set forth in the official filing with the secretary of state for the commonwealth of Massachusetts.

What it reported doing in 2021

Religious endeavors

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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: 23
  • Transparency & Controls: 82
  • Sustainability: 28
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 22.6%; rating input score 23
  • Program expense ratio: 21.8%; rating input score 22

Transparency & Controls

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

Sustainability

  • Operating margin: -3.4%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 16.7% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 60.3% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 22.6% of revenue deployed · 21.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $5K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2018 to 2021
  • Contacts: How to reach this organization
  • 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 23/100.
  • High — Financial Efficiency: Program expense ratio scored 22/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.