Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos

Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos shows consistent revenue growth and asset accumulation with no reported officer compensation.

EIN: 203705160 · Hyattsville, MD · NTEE: X20 · Updated: 2026-03-28

$254KRevenue
$319KAssets
85/100Mission Score (Excellent)
X20
Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos Financial Summary
MetricValue
Total Revenue$254K
Total Expenses$172K
Program Spending85%
CEO/Top Officer Pay$267,206
Net Assets$235K
Transparency Score85/100

Is Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos Legit?

Appears Legitimate

LimitedFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos

Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos (EIN: 203705160) is a nonprofit organization based in Hyattsville, MD, classified under NTEE code X20. The organization reported total revenue of $254K and total assets of $319K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

4Years Operating
SmallSize Classification
2Years of Filings
StableRevenue Trajectory

Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 38.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$267K
Total Expenses$172K
Surplus / Deficit+$95K
Total Assets$251K
Total Liabilities$16K
Net Assets$235K
Operating Margin35.5%
Debt-to-Asset Ratio6.3%
Months of Reserves17.5 months

Financial Health Grade: A

In 2023, Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos reported a surplus of $95K with revenue exceeding expenses, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.3% (very low leverage).

Financial Trends

Over 2 years of filings (2022–2023), Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos's revenue has grown at a compound annual growth rate (CAGR) of 38.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+38.8%+0.6%+46.6%

IRS Tax-Exempt Classification

IRS Classification Codes7000
IRS Ruling Date2022

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos demonstrates a generally healthy financial position with consistent revenue growth and increasing assets. In the 2023 fiscal period, the organization reported revenues of $267,206 against expenses of $172,371, indicating a significant surplus that contributed to asset growth from $171,280 in 2022 to $251,136 in 2023. The organization's liabilities have also decreased, from $30,859 in 2022 to $15,880 in 2023, further strengthening its balance sheet. The absence of reported officer compensation in both available filings suggests a volunteer-driven leadership or that compensation falls below reporting thresholds, which can be a positive indicator for donor confidence regarding administrative costs. While the filings show positive financial trends, the NTEE code X20 (Religious) often implies a different reporting structure for program spending compared to other non-profits, making a direct comparison of 'program efficiency' challenging without more detailed functional expense breakdowns. However, the consistent surpluses and asset accumulation suggest effective financial management relative to its operational scale. The lack of reported officer compensation also points to a potentially high level of spending efficiency in terms of leadership costs. Overall, the organization appears to be financially stable and growing. The consistent surpluses and asset growth, coupled with declining liabilities, paint a picture of prudent financial stewardship. The absence of reported officer compensation is a notable positive for transparency and efficiency, though a more detailed breakdown of expenses would provide deeper insights into how funds are allocated across programs, administration, and fundraising.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$267KTotal Revenue
$172KTotal Expenses
$251KTotal Assets
$16KTotal Liabilities
$235KNet Assets
  • The organization reported a surplus of $95K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 6.3%.

Executive Compensation Analysis

No officer compensation was reported in either the 2022 or 2023 filings, indicating that leadership is either volunteer-based or compensated below IRS reporting thresholds, which is highly favorable for an organization of its size ($267,206 revenue in 2023).

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos:

  • Consistent revenue growth: Revenue increased from $192,453 in 2022 to $267,206 in 2023.
  • Strong asset growth: Assets grew from $171,280 in 2022 to $251,136 in 2023.
  • Decreasing liabilities: Liabilities reduced from $30,859 in 2022 to $15,880 in 2023.
  • No reported officer compensation: 0% officer compensation in both filings indicates high efficiency in leadership costs.
  • Positive net income/surplus: Expenses were significantly lower than revenue in 2023 ($172,371 vs $267,206), leading to a healthy surplus.

Frequently Asked Questions about Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos

Is Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos a legitimate charity?

Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos (EIN: 203705160) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 2 years of IRS 990 filings on record. Total revenue: $254K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos spend its money?

Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos tax-deductible?

Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos is registered as a tax-exempt nonprofit (EIN: 203705160). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos CEO make?

Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos's highest-compensated officer earns $267,206 annually. The organization reported $254K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos's spending goes to programs?

Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos located?

Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos is headquartered in Hyattsville, Maryland and files with the IRS under EIN 203705160. It is classified under NTEE code X20.

How many years of IRS 990 filings does Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos have?

Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $254K in total revenue.

Is Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos financially stable?

Yes, the organization appears financially stable, demonstrating consistent revenue growth from $192,453 in 2022 to $267,206 in 2023, and a significant increase in assets from $171,280 to $251,136 over the same period, alongside a reduction in liabilities.

How does the organization manage its leadership compensation?

The organization reported 0% officer compensation in both 2022 and 2023 filings, suggesting a volunteer-driven leadership or compensation levels below IRS reporting thresholds, which is a positive indicator for administrative efficiency.

What is the trend in the organization's assets and liabilities?

Assets have grown substantially from $171,280 in 2022 to $251,136 in 2023, while liabilities have decreased from $30,859 to $15,880, indicating a strengthening financial position.

Filing History

IRS 990 filing history for Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos showing financial trends over 2 years of public records:

Over 2 years of IRS 990 filings (2022–2023), Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos's revenue has grown by 38.8%, moving from $192K to $267K. Total assets increased by 46.6% over the same period, from $171K to $251K. Total functional expenses rose by 0.6%, from $171K to $172K. In its most recent filing year (2023), Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos reported a surplus of $95K, with revenue exceeding expenses. The organization holds $16K in liabilities against $251K in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $235K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $267K $172K $251K $16K
2022 $192K $171K $171K $31K View 990

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos:

2023 Filing 2022 Filing

Data Sources and Methodology

This transparency report for Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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