Iglesia Vida Nueva Inc is located in Brooklyn, NY. Iglesia Vida Nueva 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 12/2023, Iglesia Vida Nueva Inc generated $38.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $34.9k during the year ending 12/2023. While expenses have increased by 6.0% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
RELIGIOUS SERVICES FOR COMMUNITY
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,609 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5 |
| Total Revenue | $38,614 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,000 |
| Salaries, other compensation, and employee benefits | $15,000 |
| Professional fees and other payments to independent contractors | $1,065 |
| Occupancy, rent, utilities, and maintenance | $11,134 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,656 |
| Total expenses | $34,855 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,674 |
| Other assets | $0 |
| Total assets | $54,674 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,674 |