Hispanic Bible Institute Inc
- Assets
- $159.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Helotes, TX
- Founding
- 04/1993
- Data as of
- 09/2021
- EIN
- 74-2655613
Organization Overview
Hispanic Bible Institute Inc is located in Helotes, TX. The organization was established in 1993. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hispanic Bible Institute 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 09/2021, Hispanic Bible Institute Inc generated $181.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $119.2k during the year ending 09/2021. While expenses have increased by 1.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TRAINED AND MENTORED STUDENTS IN BIBLICAL TEACHINGS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alejandro Mandes President | 20 | $12,000 | |
Julie Mandes Secretary | 3 | $0 | |
Guillermo Vazquez Treasurer | 0 | $0 | |
Mario Carrillo Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,439 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $400 |
| Total Revenue | $181,839 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $29,760 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $56,505 |
| Occupancy, rent, utilities, and maintenance | $870 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,371 |
| Total expenses | $119,233 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,546 |
| Other assets | $0 |
| Total assets | $159,021 |
| Total liabilities | $10,000 |
| Net assets or fund balances | $149,021 |
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