Civic Intelligence

El Faro Ministries

EIN 90-1003347 • 501(c)3 • Manhattan Beach, CA

Profile

El faro ministries' goal is to provide assistance in improving the quality of life to those who have been affected by life's hardships.

1736 1st StreetManhattan Beach, CA 90266

n/A

Siviq Scores

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

Liabilities / Assets

90th percentile

0.62x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

100th percentile

2155.75x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

1st percentile

-80975%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

29th percentile

-21%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$12,129

Down $664 (-5.2%) from 2023

Liabilities

Flat

$8,624

Flat from 2023

Net Assets

Down

$3,505

Down $664 (-16%) from 2023

Operations
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Up

$161

Up $42 (+35%) from 2023

Expenses

Down

$825

Down $470 (-36%) from 2023

Net Income

Up

-$664

Up $512 (+44%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth29th percentile

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

$20K$15K$10K$5.0K$0Assets 2020: $15,080Liabilities 2020: $8,686Net Assets 2020: $6,3942020Assets 2021: $17,744Liabilities 2021: $9,157Net Assets 2021: $8,5872021Assets 2022: $13,968Liabilities 2022: $8,623Net Assets 2022: $5,3452022Assets 2023: $12,793Liabilities 2023: $8,624Net Assets 2023: $4,1692023Assets 2024: $12,129Liabilities 2024: $8,624Net Assets 2024: $3,5052024

Highlighted filing

2024

Assets$12,129
Liabilities$8,624
Net Assets$3,505
Open 2024 Filing

Operations Trend

Revenue Growth3rd percentile

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

$40K$20K$0-$20KRevenue 2020: $13,792Expenses 2020: $27,031Net Income 2020: -$13,2392020Revenue 2021: $4,113Expenses 2021: $1,920Net Income 2021: $2,1932021Revenue 2022: $4Expenses 2022: $3,243Net Income 2022: -$3,2392022Revenue 2023: $119Expenses 2023: $1,295Net Income 2023: -$1,1762023Revenue 2024: $161Expenses 2024: $825Net Income 2024: -$6642024

Highlighted filing

2024

Revenue$161
Expenses$825
Net Income-$664
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,129
Liabilities
$8,624
Net assets
$3,505
Revenue
$161
Expenses
$825
Net income
-$664
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.1$8.62$3.51$0.16$0.83$0.66
2023Detailed filing. Detailed filing data is available for this year.$12.8$8.62$4.17$0.12$1.30$1.18
2022Detailed filing. Detailed filing data is available for this year.$14.0$8.62$5.35$0.00$3.24$3.24
2021Detailed filing. Detailed filing data is available for this year.$17.7$9.16$8.59$4.11$1.92$2.19
2020Detailed filing. Detailed filing data is available for this year.$15.1$8.69$6.39$13.8$27.0$13.2
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 8, 2025
Return Version
2024v5.1
Gross Receipts
$161
Mission and Program Overview

Mission

El faro ministries' goal is to provide assistance in improving the quality of life to those who have been affected by life's hardships.

Program Services

DescriptionGrantsExpenses
EL FARO MINISTRIES' GOAL IS TO PROVIDE ASSISTANCE IN IMPROVING THE QUALITY OF LIFE TO THOSE WHO HAVE BEEN AFFECTED BY LIFE'S HARDSHIPS.--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
ARMANDO VELASQUEZPresident & CEOPT$0--
MYRA H VELASQUEZVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
El Faro Ministries
EIN
90-1003347
Address
1736 1ST STREET, MANHATTAN BEACH, CA 90266

Signing Officer

Name
Armando Velasquez
Title
President & CEO
Signed
2025-04-08
Discuss with paid preparer
Yes

Preparer

Firm
Jason Bennett CPA Apc
Address
29 CARRIAGE HILL LN, LAGUNA HILLS, CA 92653
Preparer
Jason W Bennett
Phone
7142723189
Supplemental Narrative

Additional Explanations

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $8624 Payable to Officers, Directors, Etc. - Ending $8624”

Raw XML Appendix128 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ARMANDO VELASQUEZ
IRS990EZ/BooksInCareOfDetail/PhoneNum03103723452
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01736 1ST STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MANHATTAN BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090266
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012793
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt012129
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0161
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-664
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0825
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012793
IRS990EZ/Form990TotalAssetsGrp/EOYAmt012129
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0161
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/LoansToFromOfficersAmt08624
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04169
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03505
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04169
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03505
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ARMANDO VELASQUEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MYRA H VELASQUEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EL FARO MINISTRIES' GOAL IS TO PROVIDE ASSISTANCE IN IMPROVING THE QUALITY OF LIFE TO THOSE WHO HAVE BEEN AFFECTED BY LIFE'S HARDSHIPS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EL FARO MINISTRIES' GOAL IS TO PROVIDE ASSISTANCE IN IMPROVING THE QUALITY OF LIFE TO THOSE WHO HAVE BEEN AFFECTED BY LIFE'S HARDSHIPS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt08624
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt08624
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0825
IRS990EZ/TotalRevenueAmt0161
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0161
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt013770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt018041
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt018041
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0161
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt013770
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt018041
IRS990ScheduleA/TotalSupportAmt018041
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt08624
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0SUPPORT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt08624
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ARMANDO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt08624
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Payable to Officers, Directors, Etc. - Beginning $8624 Payable to Officers, Directors, Etc. - Ending $8624
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Total Liabilities.1006
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ARMANDO VELASQUEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EL FARO MINISTRIES
ReturnHeader/Filer/BusinessNameControlTxt0ELFA
ReturnHeader/Filer/EIN0901003347
ReturnHeader/Filer/USAddress/AddressLine1Txt01736 1ST STREET
ReturnHeader/Filer/USAddress/CityNm0MANHATTAN BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090266
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0992435560
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JASON BENNETT CPA APC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt029 CARRIAGE HILL LN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAGUNA HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092653
ReturnHeader/PreparerPersonGrp/PhoneNum07142723189
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JASON W BENNETT
ReturnHeader/ReturnTs02025-04-08T15:58:59-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.