Ministerios Torre Fuerte Internacional
- Assets
- $3.5m
- Revenue
- $455.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Los Angeles, CA
- Founding
- 06/2011
- Data as of
- 12/2022
- EIN
- 95-4549265
Organization Overview
Ministerios Torre Fuerte Internacional is located in Los Angeles, CA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ministerios Torre Fuerte Internacional 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, Ministerios Torre Fuerte Internacional generated $455.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $385.1k during the year ending 12/2022. While expenses have increased by 0.4% per year over the past 4 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
TO MAKE EVERY PERSON A BELIEVER OF CHRIST, AND EVENTUALLY A DISCIPLE AND TO REACH THEIR GOALS OF BECOMING LEADERS. WE PROVIDE BIBLE STUDY CLASSES AND CHURCH SERVICES IN WHICH WE PREACH THE GOSPEL OF JESUS CHRIST WITH A PENTECOST DOCTRINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONGREGATIONAL EXPENSES INCLUDE CHARITABLE EXPENSES (7,775)
HOUSING ALLOWANCE FOR SENIOR PASTOR
LOVE OFFERING WHICH INCLUDES HOUSING ALLOWANCE FOR RINA ORTIZ WHO IS A CO-PASTOR FOR OUR CHURCH
MISSIONS EXPENSES(11,880)IN WHICH WE HELP FAMILIES ABROAD AND HELP OTHER MINISTRIES THIS ALSO INCLUDES MINISTRY EXPENSE (4000)
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosa Paredes President | Officer | 40 | $36,000 |
Rina Vasquez Secretary | Officer | 30 | $0 |
Aura Velasquez Administration | Officer | 30 | $0 |
Marlon Ortiz Co-Pastor | Officer | 30 | $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 | $411,436 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $411,436 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $455,883 |
| 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. | $36,000 |
| Compensation of current officers, directors, key employees. | $36,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,754 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,332 |
| Advertising and promotion | $0 |
| Office expenses | $254 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $147,703 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,562 |
| Insurance | $14,836 |
| All other expenses | $30,568 |
| Total functional expenses | $385,131 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $559,065 |
| Savings and temporary cash investments | $623,471 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,899,708 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $436,893 |
| Total assets | $3,519,137 |
| Accounts payable and accrued expenses | -$426 |
| 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 | $1,167,708 |
| Unsecured mortgages and notes payable | $499,900 |
| Other liabilities | $0 |
| Total liabilities | $1,667,182 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $70,752 |
| Paid-in or capital surplus, or land, building, or equipment fund | $18,381 |
| Retained earnings, endowment, accumulated income, or other funds | $1,762,822 |
| Total liabilities and net assets/fund balances | $3,519,137 |