Civic Intelligence

Ministerios Palabra Verda Vida

EIN 87-0732935 • 501(c)3 • North Hollywood, CA

Pub. 78 Eligible

Profile

To spread the gospel to those in need and to be able to fellowship together to worship our lord and savior

6119 Cahuenga BlNorth Hollywood, CA 91606
Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

74th percentile

21%

Higher net margin than 74% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

60th percentile

$24,000

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

64th percentile

10.0%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

72nd percentile

27%

Faster revenue growth than 72% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$575,517

Up $52,245 (+10.0%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Up

$575,517

Up $52,245 (+10.0%) from 2021

Operations
Liabilities / Revenue35th percentileNet Margin74th percentile

Revenue

Up

$254,687

Up $54,340 (+27%) from 2021

Expenses

Up

$202,442

Up $144,739 (+251%) from 2021

Net Income

Down

$52,245

Down $90,399 (-63%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

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

$600K$400K$200K$0Assets 2020: $401,397Liabilities 2020: $0Net Assets 2020: $401,3972020Assets 2021: $523,272Liabilities 2021: $0Net Assets 2021: $523,2722021Assets 2022: $575,517Liabilities 2022: $0Net Assets 2022: $575,5172022

Highlighted filing

2022

Assets$575,517
Liabilities$0
Net Assets$575,517
Open 2022 Filing

Operations Trend

Revenue Growth72nd percentile

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

$300K$200K$100K$0Revenue 2020: $105,922Expenses 2020: $58,330Net Income 2020: $47,5922020Revenue 2021: $200,347Expenses 2021: $57,703Net Income 2021: $142,6442021Revenue 2022: $254,687Expenses 2022: $202,442Net Income 2022: $52,2452022

Highlighted filing

2022

Revenue$254,687
Expenses$202,442
Net Income$52,245
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$575,517
Liabilities
$0
Net assets
$575,517
Revenue
$254,687
Expenses
$202,442
Net income
$52,245
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$5.76$0.00$5.76$2.55$2.02$0.52
2021Detailed filing. Detailed filing data is available for this year.$5.23$0.00$5.23$2.00$0.58$1.43
2020Detailed filing. Detailed filing data is available for this year.$4.01$0.00$4.01$1.06$0.58$0.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 5, 2023
Return Version
2022v5.0
Gross Receipts
$254,687
Mission and Program Overview

Mission

To spread the gospel to those in need and to be able to fellowship together to worship our lord and savior

To spread the gospel to those in need and to preach and fellowship together

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$523,272$575,517▲ $52,245
Total Assets$523,272$575,517▲ $52,245
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$523,272$575,517▲ $52,245
Total Net Assets Fund Balance$523,272$575,517▲ $52,245
Total Liabilities and Net Assets / Fund Balance$523,272$575,517▲ $52,245
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseTotal
William SolanoPresidentPT$24,000$24,000

Board Members and Trustees

NameTitle
Maria VaqueranSecretary
Lilian GuzmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$254,687
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$254,687
Change in Net Assets
$52,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$178,442
Salaries, Compensation, and Employee Benefits$24,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$59,724--$59,724
Other Expenses$30,715--$30,715
Current Officers, Directors, Trustees, and Key Employees$24,000--$24,000
Conferences and Meetings$11,934--$11,934
Insurance$3,180--$3,180
Total Functional Expenses$202,442$0$0$202,442
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
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
Filing and Contact Details

Filer

Filer Name
Ministerios Palabra Verdad Y V
EIN
87-0732935
Address
6119 CAHUENGA BL, NORTH HOLLYWOOD, CA 91606

Signing Officer

Name
William Solano
Title
President
Phone
8186678447
Signed
2023-06-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Solano
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Los Peregrinos y Extranjeros
Address
14541 Sylvan St, Van Nuys, CA 91411
Preparer
Rene Paiz
Phone
8189948526
Supplemental Narrative

Additional Explanations

990 Pag1 Line 17 Other Expenses

“love offerings.............$13,829 offerings to preachers....$29,060 instruments...............$30,000 church expenses...........$30,715”

Raw XML Appendix244 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
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO SPREAD THE GOSPEL TO THOSE IN NEED AND TO PREACH AND FELLOWSHIP TOGETHER
IRS990/AllOtherContributionsAmt0254687
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0WILLIAM SOLANO
IRS990/BooksInCareOfDetail/PhoneNum08186678447
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 9672
IRS990/BooksInCareOfDetail/USAddress/CityNm0NORTH HOLLYWOOD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd091609
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IRS990/CashNonInterestBearingGrp/EOYAmt0575517
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt024000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt024000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt011934
IRS990/ConferencesMeetingsGrp/TotalAmt011934
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0254687
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0178442
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt052245
IRS990/CYSalariesCompEmpBnftPaidAmt024000
IRS990/CYTotalExpensesAmt0202442
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0254687
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
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IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO SPREAD THE GOSPEL TO THOSE IN NEED AND TO BE ABLE TO FELLOWSHIP
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExcsTaxSect4951Or4952Or4953Ind0false
IRS990/ExpenseAmt0202442
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt032
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt18
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt28
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM SOLANO
IRS990/Form990PartVIISectionAGrp/PersonNm1MARIA VAQUERAN
IRS990/Form990PartVIISectionAGrp/PersonNm2LILIAN GUZMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt024000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0254687
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt03180
IRS990/InsuranceGrp/TotalAmt03180
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0523272
IRS990/NetAssetsOrFundBalancesEOYAmt0575517
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0523272
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0575517
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt059724
IRS990/OccupancyGrp/TotalAmt059724
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0Love Offerings
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IRS990/OtherExpensesGrp/Desc2Instruments & Accesories
IRS990/OtherExpensesGrp/Desc3Church Expenses
IRS990/OtherExpensesGrp/ProgramServicesAmt013829
IRS990/OtherExpensesGrp/ProgramServicesAmt129060
IRS990/OtherExpensesGrp/ProgramServicesAmt230000
IRS990/OtherExpensesGrp/ProgramServicesAmt330715
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IRS990/OtherExpensesGrp/TotalAmt129060
IRS990/OtherExpensesGrp/TotalAmt230000
IRS990/OtherExpensesGrp/TotalAmt330715
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0WILLIAM SOLANO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0200347
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt057703
IRS990/PYRevenuesLessExpensesAmt0142644
IRS990/PYTotalExpensesAmt057703
IRS990/PYTotalRevenueAmt0200347
IRS990/ReconcilationRevenueExpnssAmt052245
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0love offerings.............$13,829 offerings to preachers....$29,060 instruments...............$30,000 church expenses...........$30,715
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990 PAG1 LINE 17 OTHER EXPENSES
IRS990/SchoolOperatingInd0false
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0575517
IRS990/TotalAssetsGrp/BOYAmt0523272
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0254687
IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0202442
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
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IRS990/TotalProgramServiceExpensesAmt0202442
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
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IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091606
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM SOLANO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08186678447
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINISTERIOS PALABRA VERDAD Y V
ReturnHeader/Filer/BusinessNameControlTxt0MINI
ReturnHeader/Filer/EIN0870732935
ReturnHeader/Filer/USAddress/AddressLine1Txt06119 CAHUENGA BL
ReturnHeader/Filer/USAddress/CityNm0NORTH HOLLYWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091606
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954516155
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Los Peregrinos y Extranjeros
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014541 Sylvan St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Van Nuys
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091411
ReturnHeader/PreparerPersonGrp/PhoneNum08189948526
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rene Paiz
ReturnHeader/ReturnTs02023-06-05T13:26:40-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SOLANO
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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