Maranatha Brethren In Christ Church Inc is located in Hialeah, FL. The organization was established in 1974. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Maranatha Brethren In Christ Church Inc employed 9 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Maranatha Brethren In Christ Church 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 12/2022, Maranatha Brethren In Christ Church Inc generated $969.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $432.2k during the year ending 12/2022. While expenses have increased by 7.0% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE VISION OF OUR CHURCH IS TO BE A MISSIONARY CHURCH THAT WORSHIPS GOD PASSIONATELY AND RESCUES GODS VALUES, BROKEN FAMILIES AND HUMANITY WITHOUT CHRIST EVERY DAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORSHIP AND OTHER RELIGIOUS SERVICES
MISSIONS MINISTRIES
ADMINISTRATIVE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Monduy President | Officer | 40 | $53,000 |
Moises Garcia Administrator | Officer | 40 | $40,000 |
David Salas Employee | Officer | 20 | $19,385 |
Daima Herreria Treasurer | Officer | 5 | $7,379 |
Jose Lemus Officer | Officer | 5 | $0 |
Melvin Pereira Officer | Officer | 5 | $0 |
| 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 | $561,662 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $561,662 |
| Total Program Service Revenue | $7,211 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $391,699 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $969,874 |
| 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. | $142,031 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,000 |
| Payroll taxes | $10,865 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $111 |
| Fees for services: Accounting | $4,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,360 |
| Advertising and promotion | $0 |
| Office expenses | $10,539 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $68,259 |
| Travel | $884 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,624 |
| Interest | $3,175 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,182 |
| Insurance | $14,904 |
| All other expenses | $24,508 |
| Total functional expenses | $432,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $234,849 |
| Savings and temporary cash investments | $456,429 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $180,284 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $709,164 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $7,596 |
| Other assets | $387,826 |
| Total assets | $1,976,148 |
| Accounts payable and accrued expenses | $0 |
| 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 | $884,538 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $66,726 |
| Total liabilities | $951,264 |
| Net assets without donor restrictions | $537,712 |
| Net assets with donor restrictions | $487,172 |
| 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 | $1,976,148 |