Asociacion Para La Educacion Teologica Hispana Inc is located in Orlando, FL. The organization was established in 1994. 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 12/2021, Asociacion Para LA Educacion Teologica Hispana Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asociacion Para LA Educacion Teologica Hispana Inc 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 12/2021, Asociacion Para LA Educacion Teologica Hispana Inc generated $327.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $503.9k during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND ENHANCE THEOLOGICAL EDUCATION FOR HISPANIC IN THE USA, CANADA AND PR TO FOSTER COMMUNICATION COOPERATION AND SUPPORT THEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RED DE ENTIDADES TEOLOGICAS (REDET)
3ELET MEETING
PCPO
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Fernando Cascante Director | Officer | 40 | $42,918 |
Dr Paul Barton Member At Large | Officer | 5 | $0 |
Karen Figueroa Member At Large | Trustee | 5 | $0 |
Miriam Feliciano Member At Large | Trustee | 5 | $0 |
Dr Justo Gonzalez Honorary Member | Trustee | 5 | $0 |
Dr Luis Rivera Vice-Chair | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $26,450 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $275,624 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $302,074 |
Total Program Service Revenue | $6,078 |
Investment income | $12,441 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $7,243 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $327,836 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $169,156 |
Compensation of current officers, directors, key employees. | $100,785 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $225,412 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,270 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,051 |
Office expenses | $9,880 |
Information technology | $17,859 |
Royalties | $0 |
Occupancy | $0 |
Travel | $5,568 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $43,219 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $2,094 |
Total functional expenses | $503,934 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $75,603 |
Savings and temporary cash investments | $625,905 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $250 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $41,638 |
Prepaid expenses and deferred charges | $6,742 |
Net Land, buildings, and equipment | $1,043 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $751,181 |
Accounts payable and accrued expenses | $19,766 |
Grants payable | $0 |
Deferred revenue | $13,468 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $33,234 |
Net assets without donor restrictions | $109,269 |
Net assets with donor restrictions | $608,678 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $751,181 |
Over the last fiscal year, we have identified 3 grants that Asociacion Para La Educacion Teologica Hispana Inc has recieved totaling $15,027.
Awarding Organization | Amount |
---|---|
Henry Luce Foundation Inc New York, NY PURPOSE: THIRD ENCUENTRO ON LATINO/A THEOLOGICAL EDUCATION | $10,000 |
Douglas & Maria Devos Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Organization Name | Assets | Revenue |
---|---|---|
Augusta University Research Institute Inc Augusta, GA | $21,382,894 | $80,266,513 |
Ave Maria School Of Law Naples, FL | $21,394,119 | $23,155,503 |
Interdenominational Theological Center Inc Atlanta, GA | $16,432,791 | $10,752,474 |
Florida International University Academic Health Center Health Care Miami, FL | $12,695,860 | $11,691,634 |
Laura Berry Campbell Trust For Columbia Theological Seminary Orlando, FL | $73,741,307 | $8,120,266 |
Talmudic College Of Florida Inc Miami Beach, FL | $19,278,547 | $4,925,622 |
Luther Rice University Inc Lithonia, GA | $7,749,300 | $4,580,851 |
L D Pankey Dental Foundation Inc Key Biscayne, FL | $8,662,484 | $3,687,716 |
Academy For Five Element Acupuncture Inc Gainesville, FL | $3,216,537 | $1,719,770 |
Heritage Bible College Savannah, GA | $1,470,682 | $1,484,140 |
Seminary Covenant Community Melbourne, FL | $3,193,835 | $1,783,542 |
Exalting Christ In Honduras Inc Seffner, FL | $2,942,860 | $818,825 |