El Faro Ministries

Organization Overview

El Faro Ministries is located in Manhattan Beach, CA. El Faro Ministries 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, El Faro Ministries generated $4.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (45.4%) each year. All expenses for the organization totaled $1.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (73.3%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EL FARO MINISTRIES' GOAL IS TO PROVIDE ASSISTANCE IN IMPROVING THE QUALITY OF LIFE TO THOSE WHO HAVE BEEN AFFECTED BY LIFE'S HARDSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EL FARO MINISTRIES' GOAL IS TO PROVIDE ASSISTANCE IN IMPROVING THE QUALITY OF LIFE TO THOSE WHO HAVE BEEN AFFECTED BY LIFE'S HARDSHIPS.


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Board, Officers & Key Employees

Name (title)Compensation
Armando Velasquez
President & CEO
$0
Myra H Velasquez
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,110
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,110
Total Program Service Revenue$0
Investment income $3
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 $4,113

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