Form 990 for tax year 2022
Filed by ASOCIACION PARA LA EDUCACION TEOLOGICA HISPANA INC.
Totals
- Total revenue
- $240,560
- Total expenses
- $392,592
- Contributions and grants received
- $181,381
- Grants paid
- $0
- Program service revenue
- $35,159
- Investment income
- $8,228
- Other revenue
- $15,792
- Total assets, end of year
- $564,361
- Total liabilities, end of year
- $24,477
- Net assets or fund balances, end of year
- $539,884
- Program services expenses (Part IX)
- $340,165
- Management and general expenses
- $52,427
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $340,165
Program services were 86.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$29,917
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$151,464
-
1g · Noncash contributions included above
$0
-
2f · All other program service revenue
total $35,159 · related or exempt $35,159 · unrelated business $0 · excluded $0
-
3 · Investment income
total $8,228 · related or exempt $8,228 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $10,779 · related or exempt $10,779 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
10a · Gross sales of inventory
$8,062
-
10b · Cost of goods sold
$3,049
-
10c · Net income from sales of inventory
total $5,013 · related or exempt $5,013 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $142,790 · program services $129,349 · management and general $13,441
-
10 · Payroll taxes
total $9,787 · program services $8,090 · management and general $1,697
-
11a · Fees: management
total $171,746 · program services $159,896 · management and general $11,850
-
11c · Fees: accounting
total $15,306 · program services $12,381 · management and general $2,925
-
11g · Fees: other
total $964 · program services $964
-
12 · Advertising and promotion
total $9,444 · program services $9,100 · management and general $344
-
13 · Office expenses
total $6,386 · program services $1,310 · management and general $5,076
-
14 · Information technology
total $14,403 · program services $6,975 · management and general $7,428
-
17 · Travel
total $4,245 · program services $4,245
-
19 · Conferences, conventions and meetings
total $5,190 · program services $415 · management and general $4,775
-
24a · Other expenses: OFFICE SUPPLIES
total $1,311 · program services $0 · management and general $1,311 · fundraising $0
-
24b · Other expenses: BANK FEES
total $3,385 · program services $0 · management and general $3,385 · fundraising $0
-
24e · All other expenses
total $7,635 · program services $7,440 · management and general $195
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $75,603 · end of year $164,506
-
2 · Savings and temporary cash investments
beginning of year $625,905 · end of year $372,826
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $250 · end of year $4,676
-
8 · Inventories for sale or use
beginning of year $41,638 · end of year $15,611
-
9 · Prepaid expenses and deferred charges
beginning of year $6,742 · end of year $6,742
-
10c · Land, buildings and equipment, net
beginning of year $1,043
-
17 · Accounts payable and accrued expenses
beginning of year $19,766 · end of year $2,029
-
18 · Grants payable
beginning of year $0
-
19 · Deferred revenue
beginning of year $13,468 · end of year $21,190
-
20 · Tax-exempt bond liabilities
beginning of year $0
-
25 · Other liabilities
end of year $1,258
-
27 · Net assets without donor restrictions
beginning of year $109,269 · end of year $134,417
-
28 · Net assets with donor restrictions
beginning of year $608,678 · end of year $405,467
Mission and programs · 2022
Mission
To promote and enhance theological education for Hispanic in the USA, Canada and PR to foster communication and cooperation and support persons involved in Hispanic theological education.
Activities or mission (Part I)
To promote and enhance theological education for Hispanic in the USA, Canada and PR to foster communication cooperation and support them.
-
Red de Entidades Teologicas (RedEt)
Expenses $74,356
-
J&C GONZALEZ CENTER
Expenses $4,440
-
PCPO
Expenses $231,619
-
COHORTS-BILE
Expenses $21,000
-
COMPELLING PREACHING
Expenses $8,300
-
Young leaders
Expenses $450
As filed on the 2022 return.
Listed in Part VII
-
Karen Figueroa
Member at Large
- Total calculated
- $0
- Hours/week
- 5
-
Miriam Feliciano
Member at Large
- Total calculated
- $0
- Hours/week
- 5
-
Dr Justo Gonzalez
Honorary Member
- Total calculated
- $0
- Hours/week
- 5
-
Dr Edward Fraijo Delgado
Chair
- Total calculated
- $0
- Hours/week
- 5
-
Dr Luis Rivera
Vice-chair
- Total calculated
- $0
- Hours/week
- 5
-
Rev Eliezer Alvarez Diaz
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Rev Elga Comellas
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Dr Paul Barton
Member at Large
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302779349301410
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.