Templo De Alabanza
- Assets
- $2.5m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 7
- Location
- Oklahoma City, OK
- Founding
- 04/2006
- Data as of
- 12/2021
- EIN
- 73-1365726
Organization Overview
Templo De Alabanza is located in Oklahoma City, OK. The organization was established in 2006. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Templo DE Alabanza employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Templo DE Alabanza 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, Templo DE Alabanza generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 5.8% per year over the past 7 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
CHURCH OPERATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSIONS
TELEVISION
RADIO
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chano Najera Pastor | OfficerTrustee | 50 | $62,400 |
Rachel Ramirez Secretary | OfficerTrustee | 40 | $47,320 |
Uriel Banuelos Asst Pastor | OfficerTrustee | 40 | $31,800 |
Mario Otero Asst To Pastor | OfficerTrustee | 40 | $21,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,198,175 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,249,075 |
| Total Program Service Revenue | $0 |
| Investment income | $13 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $1,249,088 |
| 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. | $163,120 |
| Compensation of current officers, directors, key employees. | $163,120 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $49,970 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $375 |
| Payroll taxes | $16,301 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,539 |
| Travel | $63,485 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,927 |
| Interest | $10,200 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $123,696 |
| Insurance | $0 |
| All other expenses | $62,798 |
| Total functional expenses | $1,207,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $566,880 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,924,664 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3 |
| Total assets | $2,491,547 |
| Accounts payable and accrued expenses | $14,752 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $186,408 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | -$286 |
| Total liabilities | $200,874 |
| Net assets without donor restrictions | $2,290,673 |
| Net assets with donor restrictions | $0 |
| 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 | $2,491,547 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Templo De Alabanza has recieved totaling $104,971.
| Awarding Organization | Amount |
|---|---|
Feed The Children Inc Oklahoma City, OK PURPOSE: NECESSITIES FOR NEEDY CHILDREN & FAMILIES | $104,971 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodhaven Learning Center Columbia, MO | $17,651,573 | $16,164,282 |
Presbyterian Village Inc Little Rock, AR | $7,163,719 | $8,947,997 |
Village At Gleannloch Farms Inc Austin, TX | $0 | $0 |
Usatransform Southlake, TX | $4,678,487 | $10,648,450 |
Doulos Ministries Inc Independence, MO | $17,094,809 | $7,030,778 |
Persuade The World Ministries Colorado Springs, CO | $2,527,761 | $6,071,254 |
Iglesia Bethel Ministries Inc San Antonio, TX | $9,077,539 | $1,090,041 |
International House Of Prayer Kansas City, MO | $184,048 | $5,377,714 |
Powerpoint Ministries Plano, TX | $1,308,223 | $5,704,956 |
Permanent Endowment Fund Of The Moody Memorial First United Method Galveston, TX | $123,313,594 | $19,045,257 |
Abundant Rain Ministries Inc Coweta, OK | $1,184,763 | $4,705,451 |
Reaching Souls International Inc Oklahoma City, OK | $9,096,171 | $6,014,810 |