El Faro Ministries

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

EIN: 901003347 ✦ Manhattan beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is El Faro Ministries?

El Faro Ministries is a nonprofit organization located at 1736 1ST STREET, Manhattan Beach, CA 90266. Their primary mission is to offer aid and support to individuals who have been impacted by life's hardships, with the ultimate goal of improving their quality of life. They strive to achieve this through various means, although specific details about their activities or services are not provided in the information given.

Is El Faro Ministries legitimate?

El Faro Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. El Faro Ministries 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of El Faro Ministries?

El Faro Ministries' mission is centered around providing aid to individuals who have been impacted by life's challenges. Their primary goal is to enhance the quality of life for these individuals. They strive to achieve this by offering various forms of assistance, aiming to make a significant difference in their recipients' lives. The organization does not specify the nature of the hardships, but their focus is on providing support during difficult times. They may offer resources, counseling, or other forms of aid to help individuals overcome their struggles and improve their living conditions.

Who is the CEO of El Faro Ministries?

Armando Velasquez is the CEO of El Faro Ministries The CEO's salary of El Faro Ministries is $0 and their total compensation is $0.

What is the revenue of El Faro Ministries?

El Faro Ministries's revenue in 2024 was $161.

Who are the executives of El Faro Ministries and what are their salaries?

Here are 2 key members and their salaries (El Faro Ministries's CEO's salary is $0 and their total compensation is $0):


Armando Velasquez (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myra H Velasquez (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for El Faro Ministries?

El Faro Ministries's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of El Faro Ministries

El Faro Ministries, as a nonprofit organization, is committed to improving the quality of life for individuals who have been impacted by life's hardships. Their mission is centered around providing assistive aid, aiming to make a positive difference in the lives of those in need. By focusing on this objective, El Faro Ministries seeks to uplift and support individuals who have been affected by various challenges, thereby enhancing their overall well-being.

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Impact




October, 2024

El Faro Ministries significantly impacts the community by providing support to individuals facing life's hardships, aiming to enhance their quality of life. Located in Manhattan Beach, California, it focuses on delivering assistance that addresses various needs and challenges, thereby fostering resilience and hope among those affected. Through its dedicated efforts, El Faro Ministries creates a positive ripple effect, empowering individuals to overcome obstacles and improve their circumstances.




This information is meant to be a general summary of El Faro Ministries. 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
$161 (2024)
Expenses
$825 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $4
  • Gross Receipts: $161

Assets and Liabilities:

  • Total Assets: $13,968
  • Total Liabilities: $8,623
  • Net Assets: $5,345

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Organization Details

Founding Year

2007

Principal Officer

Myra H Velasquez

NTEE Category

Code: P00 - Human services

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