Civic Intelligence

Love Remnant Tabernacle of the Capital District

EIN 47-3250026 • 501(c)3 • Dolgeville, NY

Pub. 78 Eligible990-N Coverage

Profile

To teach the Biblical message and promote the publication and literature bearing the Bible message

4 Lamberson StDolgeville, NY 13329
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

95th percentile

79%

Higher net margin than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$208,600

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$208,600

No earlier filing loaded for comparison.

Revenue

$265,242

No earlier filing loaded for comparison.

Expenses

$56,642

No earlier filing loaded for comparison.

Net Income

$208,600

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2023: $208,600Liabilities 2023: $0Net Assets 2023: $208,6002023

Highlighted filing

2023

Assets$208,600
Liabilities$0
Net Assets$208,600

Operations Trend

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

$300K$200K$100K$0Revenue 2023: $265,242Expenses 2023: $56,642Net Income 2023: $208,6002023

Highlighted filing

2023

Revenue$265,242
Expenses$56,642
Net Income$208,600

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.09$2.65$0.57$2.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 14, 2024
Return Version
2023v5.1
Gross Receipts
$265,242
Mission and Program Overview

Mission

To teach the Biblical message and promote the publication and literature bearing the Bible message

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$156,500-
Cash and Non-Interest-Bearing Accounts-$52,100-
Total Assets$0$208,600▲ $208,600
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$208,600-
Total Net Assets Fund Balance$0$208,600▲ $208,600
Total Liabilities and Net Assets / Fund Balance$0$208,600▲ $208,600

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$33,500-$33,500
Buildings$98,400--
Land$24,600--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael TorresPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$265,242
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$208,600
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,283
Total Fundraising Expense$5,714
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$18,017-$18,017
Benefits to Members$11,359--$11,359
Depreciation Depletion-$3,501$5,714$9,215
Other Expenses$7,105$5,413-$5,413
Travel$2,023--$2,023
Conferences and Meetings$500--$500
Total Functional Expenses$23,997$26,931$5,714$56,642
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
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Governing body meeting documentation Part VI line 8A

Yes, the organization keeps written minutes for all meetings of the governing body (board of directors or board of trustees). Meeting minutes are recorded for each regular and special board meeting, and the minutes are maintained in the organizations records. These minutes include a summary of key decisions, actions taken, and any votes that occurred. The minutes are reviewed and approved at the following meeting to ensure accuracy. The approved minutes are then archived in the organizations official records and are available for review by board members. Yes, the organization keeps written minutes for all meetings of the governing body (board of directors or board of trustees). Meeting minutes are recorded for each regular and special board meeting, and the minutes are maintained in the organizations records. These minutes include a summary of key decisions, actions taken, and any votes that occurred. The minutes are reviewed and approved at the following meeting to ensure accuracy. The approved minutes are then archived in the organizations official records and are available for review by board members.

Committee meeting documentation Part VI line 8B

Yes, the organization keeps written minutes for all meetings of its committees, including the finance committee, and governance committee. The minutes are recorded by the committee secretary or a designated individual and are reviewed and approved by the respective committee at its next meeting. The approved minutes are then maintained in the organizations official records, and a copy is provided to the board of directors for further review.

Form 990 governing body review Part VI line 11

Yes, the organizations governing body (board of directors) reviewed and approved the Form 990 before it was filed with the IRS. The board receives a copy of the Form 990 for review at a regularly scheduled meeting prior to filing, and any questions or concerns are addressed before the form is submitted.

Conflict of interest policy compliance Part VI line 12C

Yes, the organization has a Conflict of Interest Policy in place. The policy is regularly reviewed and updated as needed to ensure compliance with applicable laws and best practices. All directors, officers, and key employees are required to disclose any potential conflicts of interest annually, and these disclosures are reviewed by the board or a designated committee. If a conflict is identified, appropriate actions are taken to address it, including recusal from decisions where a conflict exists. The policy is included in the organizations bylaws, and a copy is provided to all new board members, officers, and key employees upon joining the organization. Additionally, the board conducts an annual review of the policy to ensure that it is being adhered to and that all relevant disclosures

Other officer or key employee compensation Part VI line 15B

The organization does not have any other officers or key employees who receive compensation during the reporting year.

Form 990 availability to public Part VI line 18

The organizations Form 990 is available for public inspection upon request. Copies can be requested by contacting the organization by email - [email protected]

Governing documents etc available to public Part VI line 19

Yes, the organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Interested parties can contact the organization by email - [email protected] to receive access to these documents.

Filing and Contact Details

Filer

Filer Name
Love Remnant Tabernacle of the Capital District In
EIN
47-3250026
Address
4 Lamberson St, Dolgeville, NY 13329

Signing Officer

Name
Michael Torres
Title
President
Phone
5187750366
Signed
2024-05-14
Discuss with paid preparer
No

Organization Details

Principal Officer
Michael Torres
Formed
2015
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Elbert T Chester CPA Pllc
Address
94-24 226TH ST, Floral Park, NY 11001
Preparer
Elbert T Chester
Phone
5167752722
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Yes, the organization has a Conflict of Interest Policy in place. The policy is regularly reviewed and updated as needed to ensure compliance with applicable laws and best practices. All directors, officers, and key employees are required to disclose any potential conflicts of interest annually, and these disclosures are reviewed by the board or a designated committee. If a conflict is identified, appropriate actions are taken to address it, including recusal from decisions where a conflict exists. The policy is included in the organizations bylaws, and a copy is provided to all new board members, officers, and key employees upon joining the organization. Additionally, the board conducts an annual review of the policy to ensure that it is being adhered to and that all relevant disclosures
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization does not have any other officers or key employees who receive compensation during the reporting year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organizations Form 990 is available for public inspection upon request. Copies can be requested by contacting the organization by email - [email protected]
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