Asociacion Para La Educacion Teologica Hispana Inc
- Assets
- $751.2k
- Revenue
- $327.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Orlando, FL
- Founding
- 10/1994
- Data as of
- 12/2021
- EIN
- 58-2022462
Organization Overview
Asociacion Para La Educacion Teologica Hispana Inc is located in Orlando, FL. The organization was established in 1994. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 12/2021, Asociacion Para LA Educacion Teologica Hispana Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asociacion Para LA Educacion Teologica Hispana Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Asociacion Para LA Educacion Teologica Hispana Inc generated $327.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $503.9k during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND ENHANCE THEOLOGICAL EDUCATION FOR HISPANIC IN THE USA, CANADA AND PR TO FOSTER COMMUNICATION COOPERATION AND SUPPORT THEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RED DE ENTIDADES TEOLOGICAS (REDET)
3ELET MEETING
PCPO
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Fernando Cascante Director | Officer | 40 | $42,918 |
Dr Paul Barton Member At Large | Officer | 5 | $0 |
Dr Justo Gonzalez Honorary Member | Trustee | 5 | $0 |
Dr Luis Rivera Vice-Chair | Trustee | 5 | $0 |
Dr Edward Fraijo Delgado Chair | Trustee | 5 | $0 |
Rev Eliezer Alvarez Diaz Secretary | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $26,450 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $275,624 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,074 |
| Total Program Service Revenue | $6,078 |
| Investment income | $12,441 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $7,243 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $327,836 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $169,156 |
| Compensation of current officers, directors, key employees. | $100,785 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $225,412 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,270 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,051 |
| Office expenses | $9,880 |
| Information technology | $17,859 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,568 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,219 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,094 |
| Total functional expenses | $503,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,603 |
| Savings and temporary cash investments | $625,905 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $250 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $41,638 |
| Prepaid expenses and deferred charges | $6,742 |
| Net Land, buildings, and equipment | $1,043 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $751,181 |
| Accounts payable and accrued expenses | $19,766 |
| Grants payable | $0 |
| Deferred revenue | $13,468 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $33,234 |
| Net assets without donor restrictions | $109,269 |
| Net assets with donor restrictions | $608,678 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $751,181 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Asociacion Para La Educacion Teologica Hispana Inc has recieved totaling $15,027.
| Awarding Organization | Amount |
|---|---|
Henry Luce Foundation Inc New York, NY PURPOSE: THIRD ENCUENTRO ON LATINO/A THEOLOGICAL EDUCATION | $10,000 |
Douglas & Maria Devos Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Augusta University Research Institute Inc Augusta, GA | $21,382,894 | $80,266,513 |
Ave Maria School Of Law Naples, FL | $21,394,119 | $23,155,503 |
Interdenominational Theological Center Inc Atlanta, GA | $16,432,791 | $10,752,474 |
Florida International University Academic Health Center Health Care Miami, FL | $12,695,860 | $11,691,634 |
Laura Berry Campbell Trust For Columbia Theological Seminary Orlando, FL | $73,741,307 | $8,120,266 |
Talmudic College Of Florida Inc Miami Beach, FL | $19,278,547 | $4,925,622 |
Luther Rice University Inc Lithonia, GA | $7,749,300 | $4,580,851 |
L D Pankey Dental Foundation Inc Key Biscayne, FL | $8,662,484 | $3,687,716 |
Academy For Five Element Acupuncture Inc Gainesville, FL | $3,216,537 | $1,719,770 |
Heritage Bible College Savannah, GA | $1,470,682 | $1,484,140 |
Seminary Covenant Community Melbourne, FL | $3,193,835 | $1,783,542 |
Exalting Christ In Honduras Inc Seffner, FL | $2,942,860 | $818,825 |