Talleres De Oracion Y Vida Prayer And Life Workshops Inc
EIN: 521748671 · El Paso, TX
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.4M |
| Net Assets | $793K |
Is Talleres De Oracion Y Vida Prayer And Life Workshops Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Talleres De Oracion Y Vida Prayer And Life Workshops Inc
Talleres De Oracion Y Vida Prayer And Life Workshops Inc (EIN: 521748671) is a nonprofit organization based in El Paso, TX. The organization reported total revenue of $1.7M and total assets of $698K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Talleres De Oracion Y Vida Prayer And Life Workshops Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Talleres De Oracion Y Vida Prayer And Life Workshops Inc is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$50K |
| Total Assets | $793K |
| Net Assets | $793K |
| Operating Margin | 3.3% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2023, Talleres De Oracion Y Vida Prayer And Life Workshops Inc reported a surplus of $50K with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Talleres De Oracion Y Vida Prayer And Life Workshops Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.5% | +20.5% | +29.0% |
| 2022 | +85.3% | +115.7% | +58.6% |
| 2021 | +51.4% | -5.8% | +88.0% |
| 2020 | -69.7% | -61.4% | -35.5% |
| 2019 | -0.9% | -2.1% | +28.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Talleres De Oracion Y Vida Prayer And Life Workshops Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Talleres De Oracion Y Vida Prayer And Life Workshops Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $50K, with revenue exceeding expenses.
Frequently Asked Questions about Talleres De Oracion Y Vida Prayer And Life Workshops Inc
Is Talleres De Oracion Y Vida Prayer And Life Workshops Inc a legitimate charity?
Talleres De Oracion Y Vida Prayer And Life Workshops Inc (EIN: 521748671) is a registered tax-exempt nonprofit based in Texas. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. No red flags identified. Financial health grade: A.
How does Talleres De Oracion Y Vida Prayer And Life Workshops Inc spend its money?
Talleres De Oracion Y Vida Prayer And Life Workshops Inc reported $1.7M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Talleres De Oracion Y Vida Prayer And Life Workshops Inc tax-deductible?
Talleres De Oracion Y Vida Prayer And Life Workshops Inc is registered as a tax-exempt nonprofit (EIN: 521748671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Talleres De Oracion Y Vida Prayer And Life Workshops Inc located?
Talleres De Oracion Y Vida Prayer And Life Workshops Inc is headquartered in El Paso, Texas and files with the IRS under EIN 521748671.
How many years of IRS 990 filings does Talleres De Oracion Y Vida Prayer And Life Workshops Inc have?
Talleres De Oracion Y Vida Prayer And Life Workshops Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
Filing History
IRS 990 filing history for Talleres De Oracion Y Vida Prayer And Life Workshops Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Talleres De Oracion Y Vida Prayer And Life Workshops Inc's revenue has grown by 185%, moving from $526K to $1.5M. Total assets increased by 387.4% over the same period, from $163K to $793K. Total functional expenses rose by 181.4%, from $514K to $1.4M. In its most recent filing year (2023), Talleres De Oracion Y Vida Prayer And Life Workshops Inc reported a surplus of $50K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.4M | $793K | $0 | — | — |
| 2022 | $1.4M | $1.2M | $615K | $0 | — | View 990 |
| 2021 | $731K | $557K | $388K | $0 | — | View 990 |
| 2020 | $483K | $591K | $206K | $0 | — | — |
| 2019 | $1.6M | $1.5M | $320K | $0 | — | View 990 |
| 2018 | $1.6M | $1.6M | $249K | $0 | — | View 990 |
| 2017 | $435K | $384K | $81K | $0 | — | View 990 |
| 2016 | $458K | $423K | $178K | $0 | — | View 990 |
| 2015 | $490K | $545K | $5K | $0 | — | View 990 |
| 2014 | $239K | $417K | $61K | $0 | — | View 990 |
| 2013 | $321K | $349K | $238K | $0 | — | View 990 |
| 2012 | $442K | $338K | $266K | $0 | — | View 990 |
| 2011 | $526K | $514K | $163K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.4M, and assets of $793K (revenue +10.5% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.2M, and assets of $615K (revenue +85.3% year-over-year).
- 2021: Revenue of $731K, expenses of $557K, and assets of $388K (revenue +51.4% year-over-year).
- 2020: Revenue of $483K, expenses of $591K, and assets of $206K (revenue -69.7% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.5M, and assets of $320K (revenue -0.9% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $249K (revenue +270.5% year-over-year).
- 2017: Revenue of $435K, expenses of $384K, and assets of $81K (revenue -5.0% year-over-year).
- 2016: Revenue of $458K, expenses of $423K, and assets of $178K (revenue -6.5% year-over-year).
- 2015: Revenue of $490K, expenses of $545K, and assets of $5K (revenue +104.5% year-over-year).
- 2014: Revenue of $239K, expenses of $417K, and assets of $61K (revenue -25.5% year-over-year).
- 2013: Revenue of $321K, expenses of $349K, and assets of $238K (revenue -27.3% year-over-year).
- 2012: Revenue of $442K, expenses of $338K, and assets of $266K (revenue -15.9% year-over-year).
- 2011: Revenue of $526K, expenses of $514K, and assets of $163K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Talleres De Oracion Y Vida Prayer And Life Workshops Inc:
Data Sources and Methodology
This transparency report for Talleres De Oracion Y Vida Prayer And Life Workshops Inc 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.