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Iglesia Principio Nuevo New Begining

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 462789004 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Iglesia Principio Nuevo New Begining?

Iglesia Principio Nuevo New Beginning is a nonprofit church located at 1717 S 12TH ST, Phoenix, AZ 85034. The organization is self-sustaining, as its operational expenses are funded by its members. The church engages in various religious activities and plays an active role in serving the community. Its mission primarily involves providing counseling to families based on biblical principles and undertaking charitable initiatives to assist those in need.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 20%

Iglesia Principio Nuevo New Beginning has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored 20% overall, with particularly low marks in critical areas such as board independence, with no independent members on the board, and in financial transparency, as it lacks a publicly accessible website listing its financial documents.

Strengths include the absence of material diversion of assets, which points to integrity in handling funds. Additionally, they have a conflict of interest policy in place, which is a positive aspect of their governance structure. However, the organization falls short in several critical governance areas, including a missing whistleblower policy and guidelines for document retention and destruction, which can compromise transparency and accountability further.

The program expense ratio is notably concerning at 0.00%, suggesting that no funds are being allocated to program services, which raises questions about the organization's effectiveness in fulfilling its mission. Overall, the low ratings highlight significant governance and financial management issues that potential donors and supporters should carefully consider.


This AI summary has been generated from information found on Charity Navigator.

Is Iglesia Principio Nuevo New Begining legitimate?

Iglesia Principio Nuevo New Begining is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iglesia Principio Nuevo New Begining submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $30,468
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Iglesia Principio Nuevo New Begining?

Iglesia Principio Nuevo New Beginning's mission is centered around religious activities and community service. The church aims to provide guidance to families based on the principles of the Bible. Additionally, they carry out charitable activities to support individuals in need. The operations of the church are primarily funded by its members, as no grants are sought from the government to cover program expenses.

Who is the CEO of Iglesia Principio Nuevo New Begining?

Victor Aranda is the Pastor of Iglesia Principio Nuevo New Begining.

What is the revenue of Iglesia Principio Nuevo New Begining?

Iglesia Principio Nuevo New Begining's revenue in 2022 was $79,424.

Who are the executives of Iglesia Principio Nuevo New Begining and what are their salaries?


There is 1 key member and their salary:


Victor Aranda (Pastor)
  • Compensation: $30,468
  • Related: $0
  • Other: $0
Where can I find the form 990 for Iglesia Principio Nuevo New Begining?

Iglesia Principio Nuevo New Begining's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Iglesia Principio Nuevo New Begining

Iglesia Principio Nuevo New Beginning is a church dedicated to carrying out religious activities and contributing to the betterment of its community. At the heart of its mission is the aim to guide families with the teachings of the Bible. Beyond religious activities, the church also engages in charitable works to assist those in need.

In line with its mission, Iglesia Principio Nuevo New Beginning focuses on providing consulting services to families based on the principles of the Bible. This approach encourages spiritual growth and fosters strong family bonds. In addition to this, the church conducts various charitable activities, extending a helping hand to individuals and communities in need.

The church operates without relying on government grants to finance its programs. Instead, the expenses are covered by the contributions of its members, reflecting a strong sense of community and mutual support. This autonomous financial structure allows Iglesia Principio Nuevo New Beginning to maintain its focus on its mission and community service, ensuring that its work remains rooted in its spiritual values.

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Impact




August, 2024

Iglesia Principio Nuevo New Begining's impact can be seen in its dedicated efforts to provide counseling to families based on the principles of the word of God. Additionally, the church engages in charitable activities to support people in need in the community. The organization's self-sustainability model, where expenses are covered by church members rather than relying on government grants, demonstrates a commitment to serving the community through its own resources. In the city of Phoenix, Arizona, Iglesia Principio Nuevo New Begining is actively making a positive difference through its religious activities and community support initiatives.




This information is meant to be a general summary of Iglesia Principio Nuevo New Begining. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$79,424 (2022)
Expenses
$82,957 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $79,424

Assets and Liabilities:

  • Total Assets: $799,711
  • Total Liabilities: $22,000
  • Net Assets: $777,711

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Organization Details

Founding Year

2014

Principal Officer

Victor Aranda

Main Address

1717 S 12TH ST, PHOENIX, AZ, 85034

NTEE Category

Code: X20 - Religion related

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