Civic Intelligence

Iglesia Palabra De Fe De Sherman

990EZ • Fiscal year 2020 • EIN 46-4481825

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 20, 2022

Organization Profile
601 N Harrison AveSherman, TX 75090-4608

(903) 771-9095

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

89th percentile

0.59x

Higher debt load relative to assets than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

96th percentile

1.44x

Higher debt load relative to revenue than 96% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

43rd percentile

1.2%

Higher net margin than 43% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

36th percentile

-3.1%

Faster asset growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

73rd percentile

11%

Faster revenue growth than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$191,480

Down $6,124 (-3.1%) from 2019

Net Assets

Up

$78,710

Up $941 (+1.2%) from 2019

Liabilities

Down

$112,770

Down $7,065 (-5.9%) from 2019

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin43rd percentile

Revenue

Up

$78,492

Up $7,533 (+11%) from 2019

Expenses

Up

$77,551

Up $5,503 (+7.6%) from 2019

Net Income

Up

$941

Up $2,030 (+186%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2016: $210,950Liabilities 2016: $153,780Net Assets 2016: $57,1702016Assets 2017: $203,568Liabilities 2017: $139,649Net Assets 2017: $63,9192017Assets 2018: $211,140Liabilities 2018: $132,282Net Assets 2018: $78,8582018Assets 2019: $197,604Liabilities 2019: $119,835Net Assets 2019: $77,7692019Assets 2020: $191,480Liabilities 2020: $112,770Net Assets 2020: $78,7102020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $15,8872021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $7,7192022Assets 2023: $557,779Liabilities 2023: $183,711Net Assets 2023: $374,0682023Assets 2024: $590,114Liabilities 2024: $185,379Net Assets 2024: $404,7352024

Highlighted filing

2020

Assets$191,480
Liabilities$112,770
Net Assets$78,710
Open 2020 Filing

Operations Trend

Revenue Growth73rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2016: $71,852Expenses 2016: $44,682Net Income 2016: $27,1702016Revenue 2017: $70,442Expenses 2017: $69,642Net Income 2017: $8002017Revenue 2018: $70,309Expenses 2018: $55,370Net Income 2018: $14,9392018Revenue 2019: $70,959Expenses 2019: $72,048Net Income 2019: -$1,0892019Revenue 2020: $78,492Expenses 2020: $77,551Net Income 2020: $9412020Revenue 2021: $103,777Expenses 2021: $87,890Net Income 2021: $15,8872021Revenue 2022: $105,813Expenses 2022: $98,094Net Income 2022: $7,7192022Revenue 2023: $90,619Expenses 2023: $88,884Net Income 2023: $1,7352023Revenue 2024: $207,918Expenses 2024: $175,606Net Income 2024: $32,3122024

Highlighted filing

2020

Revenue$78,492
Expenses$77,551
Net Income$941
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 20, 2022
Return Version
2020v4.0
Gross Receipts
$78,492
Mission and Program Overview

Mission

We are a Church under 501( C )3

Christian church, reaching out to the community for god.

Program Services

DescriptionGrantsExpenses
REACHING OUT THE COMMUNITY$4,062$4,062
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
VALENTIN SALINASSenior PastorFT$0--
KEITH BURGOSTreasurerPT$0--
MIKE V RIVERASecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Iglesia Palabra De Fe De Sherman
EIN
46-4481825
Phone
9037719095
Address
601 N HARRISON AVE, SHERMAN, TX 75090-4608

Signing Officer

Name
Valentin Salinas
Title
Senior-pastor
Phone
9037719095
Signed
2022-04-20
Discuss with paid preparer
No

Preparer

Firm
Luigis Multiservice Advisors
Address
3960 BROADWAY BLV, SUITE 111, GARLAND, TX 75043
Preparer
Luis Gomez
Phone
4692799288
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^INSURANCE;1554|OTHER TAXES;1449|MISSIONS;4062|JANITOR;1270|DEPRECIATION;3398^Total;11733^”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^EQUIPMENT OFFICE AND MUSIC;13593^Total;13593^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^SECURITY MORGAGE;112770^Total;112770^”

Raw XML Appendix156 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt02450
IRS990EZ/BooksInCareOfDetail/PersonNm0KEITH BURGOS
IRS990EZ/BooksInCareOfDetail/PhoneNum08179480068
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0766 MICHELL RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SHERMAN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075090
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05843
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03117
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt078492
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0941
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt020115
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0197604
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0191480
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt078492
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt0178168
IRS990EZ/LandAndBuildingsGrp/EOYAmt0174770
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt077769
IRS990EZ/NetAssetsOrFundBalancesEOYAmt078710
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt077769
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt078710
IRS990EZ/OccupancyRentUtltsAndMaintAmt024533
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0VALENTIN SALINAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KEITH BURGOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MIKE V RIVERA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SENIOR PASTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt013593
IRS990EZ/OtherAssetsTotalDetail/EOYAmt013593
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt011733
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0CHRISTIAN CHURCH, REACHING OUT TO THE COMMUNITY FOR GOD.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0REACHING OUT THE COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04062
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04062
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt018720
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0119835
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0112770
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt077551
IRS990EZ/TotalProgramServiceExpensesAmt04062
IRS990EZ/TotalRevenueAmt078492
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationOtherDesc0CHURCH
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^INSURANCE;1554|OTHER TAXES;1449|MISSIONS;4062|JANITOR;1270|DEPRECIATION;3398^Total;11733^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^EQUIPMENT OFFICE AND MUSIC;13593^Total;13593^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^SECURITY MORGAGE;112770^Total;112770^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0OUR TREASURER TRY TO SUBMIT THE FORM AND DID NOT DO CORRECTLY,
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0VALENTIN SALINAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SENIOR-PASTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09037719095
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IGLESIA PALABRA DE FE DE SHERMAN
ReturnHeader/Filer/BusinessNameControlTxt0IGLE
ReturnHeader/Filer/EIN0464481825
ReturnHeader/Filer/PhoneNum09037719095
ReturnHeader/Filer/USAddress/AddressLine1Txt0601 N HARRISON AVE
ReturnHeader/Filer/USAddress/CityNm0SHERMAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0750904608
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452958993
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Luigis Multiservice Advisors
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03960 BROADWAY BLV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0SUITE 111
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GARLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075043
ReturnHeader/PreparerPersonGrp/PhoneNum04692799288
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Luis Gomez
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-04-20T12:58:47-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$191,480
Liabilities
$112,770
Net assets
$78,710
Revenue
$78,492
Expenses
$77,551
Net income
$941
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.90$1.85$4.05$2.08$1.76$0.32
2023Detailed filing. Detailed filing data is available for this year.$5.58$1.84$3.74$0.91$0.89$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.08$1.06$0.98$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.16$1.04$0.88$0.16
2020Detailed filing. Detailed filing data is available for this year.$1.91$1.13$0.79$0.78$0.78$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.98$1.20$0.78$0.71$0.72$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.11$1.32$0.79$0.70$0.55$0.15
2017Detailed filing. Detailed filing data is available for this year.$2.04$1.40$0.64$0.70$0.70$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.11$1.54$0.57$0.72$0.45$0.27