Iglesia Manantial De Agua Viva
Nonprofit profile at a glance
- EIN
- 260814490
- IRS 990-EZ coverage
- 2022–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2023
- Location
- Sanford, NC, USA
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $118,922
- Expenses
- $99,647
- Assets
- $348,630
- Liabilities
- $179,103
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- MARCO A SOLIS-CRUZ (PASTOR)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Connecting people to God
What it reported doing in 2023
Our mission is to make disciples by connecting people to God, people, and outreach.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 78% for direct work, and 22% for member benefits.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 82
- Sustainability: 63
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70%; rating input score 70
- Program expense ratio: 83.5%; rating input score 84
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 16.2%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 3.5; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.51; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 19.6%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 80.6% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 41.9% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 4.4% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 70% of revenue deployed · 83.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $83K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2022 to 2023
- 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 — Sustainability: Liabilities to assets ratio scored 10/100.
- High — Sustainability: Officer compensation ratio scored 17/100.