Monte Sion Center
- Assets
- $924.0k
- Revenue
- $875.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2001
- Data as of
- 12/2023
- EIN
- 95-4603541
Organization Overview
Monte Sion Center is located in Los Angeles, CA. The organization was established in 2001. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monte Sion Center 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 12/2023, Monte Sion Center generated $875.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $810.9k during the year ending 12/2023. While expenses have increased by 17.2% per year over the past 3 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE BELIEVE IN HELPING THE COMMUNITY THROUGH VARIOUS PROGRAMS IN WHICH WE DO OUTREACH FOR CHRIST. WE SERVE FAMILIES IN NEED WITH A FOOD DISTRIBUTION PROGRAM IN WHICH WE STRIVE TO MEET THEIR BASIC NEEDS SUCH AS FOOD, CLOTHES AND PERSONAL HYGIENE PRODUCTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD DISTRIBUTION PROGRAM. WE HELP THE COMMUNITY BY PROVIDING A FOOD DISTRIBUTION PROGRAM IN WHICH WE AID MANY ORGANIZATIONS BY PROVIDING THEM WITH FOOD, HYGIENE PRODUCTS, CLOTHES, ETC.
WE ALSO HAVE A PROGRAM THAT HELPS PEOPLE IN GUATEMALA AND MISSIONS THAT PROVIDE EXTREMELY POOR FAMILIES WITH DENTAL CARE AND WITH FOOD SUPPLIES
DONATIONS GIVEN TO NEEDY FAMILIES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mario Rivera President | Officer | 30 | $0 |
Lourdes Serrano Treasurer | Officer | 15 | $0 |
Karen Ramos Rivera Secretary | Officer | 30 | $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 | $875,555 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $875,555 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $875,555 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $52,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,000 |
| Advertising and promotion | $402 |
| Office expenses | $2,673 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $68,200 |
| Travel | $4,942 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,659 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,316 |
| Insurance | $7,975 |
| All other expenses | $36,441 |
| Total functional expenses | $810,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $430,344 |
| Savings and temporary cash investments | $127,601 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $366,059 |
| Total assets | $924,004 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $280,426 |
| Other liabilities | $0 |
| Total liabilities | $280,426 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $64,655 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $578,923 |
| Total liabilities and net assets/fund balances | $924,004 |