Civic Intelligence

Iglesia Faro a Las Naciones

EIN 11-3578598 • 501(c)3 • Bridgehampton, NY

Profile

The church or ministry trains and equips believers as leaders who can carry the ministry of the church and the Gospel of Jesus Christ into the world and to those whom thet come in contact with.

2747 Mountauk HwyBridgehampton, NY 11932
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

35th percentile

0.00x

Higher debt load relative to assets than 35% of similar nonprofits.

NTEE X • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

37th percentile

0.00x

Higher debt load relative to revenue than 37% of similar nonprofits.

NTEE X • $1M-$5M nonprofits • Source year 2024

Net Margin

77th percentile

41%

Higher net margin than 77% of similar nonprofits.

NTEE X • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$79,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

NTEE X • $1M-$5M nonprofits • Source year 2024

Asset Growth

72nd percentile

13%

Faster asset growth than 72% of similar nonprofits.

NTEE X • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

7.3%

Faster revenue growth than 50% of similar nonprofits.

NTEE X • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,869,781

Up $219,904 (+13%) from 2023

Liabilities

Flat

$1,619

Flat from 2023

Net Assets

Up

$1,868,162

Up $219,904 (+13%) from 2023

Revenue

Up

$542,193

Up $36,716 (+7.3%) from 2023

Expenses

Down

$322,289

Down $60,522 (-16%) from 2023

Net Income

Up

$219,904

Up $97,238 (+79%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $685,477Liabilities 2011: $550Net Assets 2011: $684,9272011Assets 2012: $767,968Liabilities 2012: $550Net Assets 2012: $767,4182012Assets 2013: $780,533Liabilities 2013: $0Net Assets 2013: $780,5332013Assets 2017: $968,134Liabilities 2017: $1,642Net Assets 2017: $966,4922017Assets 2018: $1,057,212Liabilities 2018: $1,642Net Assets 2018: $1,055,5702018Assets 2019: $1,288,547Liabilities 2019: $1,641Net Assets 2019: $1,286,9062019Assets 2020: $1,238,204Liabilities 2020: $1,641Net Assets 2020: $1,236,5632020Assets 2021: $1,410,730Liabilities 2021: $1,641Net Assets 2021: $1,409,0892021Assets 2022: $1,527,212Liabilities 2022: $1,619Net Assets 2022: $1,525,5932022Assets 2023: $1,649,877Liabilities 2023: $1,619Net Assets 2023: $1,648,2582023Assets 2024: $1,869,781Liabilities 2024: $1,619Net Assets 2024: $1,868,1622024

Highlighted filing

2024

Assets$1,869,781
Liabilities$1,619
Net Assets$1,868,162

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $279,272Expenses 2011: $193,561Net Income 2011: $85,7112011Revenue 2012: $271,850Expenses 2012: $189,359Net Income 2012: $82,4912012Revenue 2013: $271,588Expenses 2013: $258,473Net Income 2013: $13,1152013Revenue 2017: $422,486Expenses 2017: $367,470Net Income 2017: $55,0162017Revenue 2018: $424,402Expenses 2018: $335,324Net Income 2018: $89,0782018Revenue 2019: $573,782Expenses 2019: $342,446Net Income 2019: $231,3362019Revenue 2020: $473,313Expenses 2020: $523,656Net Income 2020: -$50,3432020Revenue 2021: $464,691Expenses 2021: $292,165Net Income 2021: $172,5262021Revenue 2022: $482,595Expenses 2022: $358,091Net Income 2022: $124,5042022Revenue 2023: $505,477Expenses 2023: $382,811Net Income 2023: $122,6662023Revenue 2024: $542,193Expenses 2024: $322,289Net Income 2024: $219,9042024

Highlighted filing

2024

Revenue$542,193
Expenses$322,289
Net Income$219,904

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$505,477
Mission and Program Overview

Mission

The church or ministry trains and equips believers as leaders who can carry the ministry of the church and the Gospel of Jesus Christ into the world and to those whom thet come in contact with.

Church Spread the Gospel of Jesus Christ

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,493,452$1,616,117▲ $122,665
Land, Buildings, and Equipment, Net$33,760$33,760→ $0
Total Assets$1,527,212$1,649,877▲ $122,665
Liabilities
Accounts Payable and Accrued Expenses$1,619$1,619→ $0
Total Liabilities$1,619$1,619→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,525,593$1,648,258▲ $122,665
Total Net Assets Fund Balance$1,525,593$1,648,258▲ $122,665
Total Liabilities and Net Assets / Fund Balance$1,527,212$1,649,877▲ $122,665

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$33,760--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Luis MussioPresident
Carlos ParraTrustee
Feliz LopezTrustee
Ligia CabreraTrustee
Maria MussioSecretary
Maria ParraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$505,447
Program Service Revenue
$0
Investment Income
$30
Other Revenue
$0
All Other Contributions
$505,447
Change in Net Assets
$122,666
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$236,811
Salaries, Compensation, and Employee Benefits$146,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$159,377--$159,377
Current Officers, Directors, Trustees, and Key Employees$146,000--$146,000
Occupancy-$33,000-$33,000
All Other Expenses-$19,028-$19,028
Fees for Services Accounting-$5,650-$5,650
Total Functional Expenses$325,133$57,678$0$382,811
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

No review was or will be conducted.

Part VI Line 19

No documents made available to the public.

Filing and Contact Details

Filer

Filer Name
Iglesia Faro a las Naciones
EIN
11-3578598
In Care Of
% Luis Mussio
Phone
6315992814
Address
2747 Mountauk Hwy, Bridgehampton, NY 11932

Signing Officer

Name
Luis Mussio
Title
Officer
Phone
6313168111
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Luis Mussio
Legal Domicile
Ny
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Taxaccounting Resources LLC
Address
521 Route 111 Suite 310, HAUPPAUGE, NY 11788-3060
Preparer
Paul E Bellini
Phone
6313618111
Raw XML Appendix269 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • $1M-$5M nonprofits