Iglesia Cristiana Renuevo
- Assets
- $3.8m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Kissimmee, FL
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 59-2980721
Organization Overview
Iglesia Cristiana Renuevo is located in Kissimmee, FL. The organization was established in 2011. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Iglesia Cristiana Renuevo employed 6 individuals. Iglesia Cristiana Renuevo 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, Iglesia Cristiana Renuevo generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.5% each year . All expenses for the organization totaled $447.9k during the year ending 12/2021. 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
31477 RELIGIOUS, PUBLIC CHARITY STATUS 170(B)(1)(AI) AND TAX EXEMPT 8/17/2011
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. MUSIC MINISTRY PROGRAM TO ATTRACT YOUTH AND INCREASE MEMBERSHIP.2. FAMILY EVENT PROGRAMS TO ATTRACT AND INCREASE ADULT MEMBERSHIP.3. STUDY GROUP MINISTRIES TO KEEP MEMBERS ACTIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jairo Garcia Sr Pastor President | Officer | 35 | $0 |
Maria Garcia Secretary | Trustee | 0 | $0 |
Nahabot Garcia Board Member | Trustee | 0 | $0 |
Ruben Del Toro Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $365,501 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $365,501 |
| Total Program Service Revenue | $0 |
| Investment income | $109 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $285,000 |
| Net Gain/Loss on Asset Sales | $1,486,319 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,136,929 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,670 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,600 |
| Payroll taxes | $7,199 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,075 |
| Advertising and promotion | $0 |
| Office expenses | $11,096 |
| Information technology | $5,451 |
| Royalties | $0 |
| Occupancy | $34,597 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $45,826 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,139 |
| Insurance | $53,489 |
| All other expenses | $34,140 |
| Total functional expenses | $447,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,833 |
| Savings and temporary cash investments | $1,249,087 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,761 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,354 |
| Prepaid expenses and deferred charges | $7,981 |
| Net Land, buildings, and equipment | $658,444 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,803,557 |
| Total assets | $3,835,017 |
| Accounts payable and accrued expenses | $7,793 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $810,748 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,714 |
| Total liabilities | $831,255 |
| Net assets without donor restrictions | $3,003,762 |
| Net assets with donor restrictions | $0 |
| 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 | $3,835,017 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Iglesia Cristiana Renuevo has recieved totaling $847,197.
| Awarding Organization | Amount |
|---|---|
Second Harvest Food Bank Of Central Florida Inc Orlando, FL PURPOSE: TO DISTRIBUTE FOOD TO THE NEEDY | $846,197 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
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|---|---|---|
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World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
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Lighthouse Gospel Mission Inc Riverview, FL | $956,099 | $6,409,452 |
Equip Leadership Inc Duluth, GA | $5,673,774 | $7,651,794 |
Learning Empowered Inc St Petersburg, FL | $2,480,728 | $4,768,957 |
21st Century Ministries Inc Bradenton, FL | $1,525,100 | $4,748,464 |
Celebration Inc Alpharetta, GA | $12,143,937 | $5,388,788 |