Hispanic Bible School
- Assets
- $165.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 11
- Location
- Chicago, IL
- Founding
- 06/2002
- Data as of
- 06/2023
- EIN
- 36-4301344
Organization Overview
Hispanic Bible School, operating under the name Seminario Biblico Hispano, is located in Chicago, IL. The organization was established in 2002. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2023, Seminario Biblico Hispano employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seminario Biblico Hispano is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Seminario Biblico Hispano generated $124.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $165.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MAIN PROGRAM SERVICE IS REGULARLY SCHEDULED CLASSES AT THE MAIN CAMPUS AND OTHER EXTENSIONS. IT CONTINUTES ITS MISSION TEACHING AND TRAINING MEN AND WOMEN FOR THE CHRISTIAN MINISTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Bloom CFO | 1 | $0 | |
Elimelec Cordero President | 2 | $12,010 | |
Adriana Martinez Chairman | 1 | $0 | |
Alfredo Ramos Treasurer | 1 | $2,190 | |
David Toledo Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,183 |
| Total Program Service Revenue | $79,628 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $337 |
| Total Revenue | $124,148 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $84,844 |
| Professional fees and other payments to independent contractors | $29,290 |
| Occupancy, rent, utilities, and maintenance | $9,559 |
| Printing, publications, postage, and shipping | $1,972 |
| Other expenses | $39,608 |
| Total expenses | $165,273 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,325 |
| Other assets | $0 |
| Total assets | $165,108 |
| Total liabilities | $34,826 |
| Net assets or fund balances | $130,282 |