Elnac EIN 81-0998343

Elnac FY2021 filing

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Sends mission teams and grants to Cuba to plant and support churches and ministries. For fiscal year 2021 it reported $664K in revenue, $725K in expenses, and $141K in net assets.Pt I

Type
Religious organization · Religion
Location
Dallas, TX
Website
proclaimcuba.org
Filings
5 on file (2020–2021)
Revenue
$664KFY2021
Expenses
$725K
Net assets
$141K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-0998343 Religious organization Dallas, TX
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Sends mission teams and grants to Cuba to plant and support churches and ministries.
Leadership
Jeff Byrd · Secretary/Director
Money in and out
$664K revenue, $725K expenses
Bottom line
58% program efficiency
Where the money goes · FY2021
Total revenue
$664K
Pt VIII · Ln 12
Total expenses
$725K
Pt IX · Ln 25
Net assets
$141K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$61K
Where spending went · Part IX cols B–D
Program services $0.58 Management & general $0.19 Fundraising $0.23
Program efficiency
58%
of spending reaches programs
Operating runway
2.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$664K
FY2021▼ -7%
Expenses
$725K
FY2021▲ +22%
Total assets
$147K
FY2021▼ -37%
Total liabilities
$6K
FY2021▼ -82%
Total revenue
$664K
Pt VIII · Ln 12
Total expenses
$725K
Pt IX · Ln 25
Net assets
$141K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$61K
Total assetsPt X · Ln 16$147K
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $424K of program spending, described in the organization's own filed words · FY2021.
01

In 2021, no mission sending activities were possible due to the pandemic. Grants to cuba totalled $390,869, including $7,513 in humanitarian aid and $383,356 in program support for church planting, theological education, children's ministries, sports leagues, ART/MUSIC programs, and outreach ministries to youth and young adults.

$424Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CElnac
EINHdr · item D81-0998343
Principal addressHdr · item CDallas, TX
WebsiteHdr · item Jproclaimcuba.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X21)
Ruling yearIRS BMFMay 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Secretary/Director
$0Pt VII · Sec A
Treasurer/Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President/Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$634K · 96%
Other revenue$29K · 4%
Contributions & grants96%$634K
Other revenue4%$29K
— government grantsLn 1e$35K
Total revenueLn 12$664K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.19 Fundraising $0.23
Program services58%$424K
Management & general19%$136K
Fundraising23%$165K
Total functional expensesLn 25$725K

Balance Sheet

Part X · end of year
CashLn 1$146K
Total assetsLn 16$147K
Total liabilitiesLn 26$6K
Total net assetsLn 32$141K
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $146K · Operating expenses/yr $725K
2.4 months
Where the money goes
Program services
Program services $424K · Total expenses $725K
58%
Management & General
Management & general $136K · Total expenses $725K
19%
Fundraising
Fundraising $165K · Total expenses $725K
23%
Cost to raise $1
Fundraising expense (2-yr avg) $153K · Solicited contributions (2-yr avg) $623K
$0.25 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $634K · Total revenue $664K
96%
Government reliance
Government grants $35K · Total revenue $664K
5%
Earned-income share
Program service revenue $0 · Total revenue $664K
0%
Investment reliance
Investment income $0 · Total revenue $664K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $725K
0%
Growth & trend
Revenue growth (YoY)
This year $664K · Prior year $716K
-7%
Net-asset trend (YoY)
End of year $141K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $664K · Expenses $725K
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $147K
Net-asset ratio
Net assets $141K · Total assets $147K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $147K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jeff Byrd · Reported title SECRETARY/DIRECTOR · Highest reported compensation $0 · Total expenses $725K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $187K · Total expenses $725K
26%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 58%
Overhead ratio 19%
Fundraising cost ratio 26%
Revenue growth -7%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.3M revenue · ⤓ 990 PDF
FY2023$1.3M revenue · ⤓ 990 PDF
FY2022$828K revenue · ⤓ 990 PDF
FY2021$664K revenue · viewing · ⤓ 990 PDF
FY2020$716K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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