Nonprofits›Investment & Research In Education Inc
Religion-Related
Investment & Research In Education Inc
HOUSTON, TX
Total revenue
$42.3M
Total expenses
$26.8M
Net assets
$48.5M
Grants received
$47.0M
5 grants
EIN
061372326
Tax year
2024
Mission
To collect and use the contributions to donate funds to build seminaries, schools, and churches and to perform other religious and educational activities.
Financials
FY 2024
Revenue
Contributions & grants$38.2M
Program service revenue—
Investment income$4.0M
Other revenue$122K
Total revenue$42.3M
Expenses
Grants paid$25.9M
Salaries & benefits—
Fundraising—
Other expenses$877K
Total expenses$26.8M
Total assets$62.7M
Net assets$48.5M
People
6 listed
NameRoleCompensation
JOHN CONNOR
DIRECTOR AND PRESIDENT
Board
—
1 hrs/wk
HERNAN JIMENEZ
DIRECTOR & VICE PRESIDENT
Board
—
1 hrs/wk
LUIS ALBERTO HANAO
SECRETARY & DIRECTOR
Board
—
1 hrs/wk
JOSE G CARDENAS
TREASURER & DIRECTOR
Board
—
1 hrs/wk
Jesus Villagrasa
Director
Board
—
1 hrs/wk
FRANK FORMOLO
ASSISTANT SECRETARY
Board
—
1 hrs/wk
Grants received
Showing 5 of 5
FromAmountPurposeYear
$33.4M
TO PROMOTE SPONSOR, AND DONATE FUNDS TO EDUCATIONAL ORGANIZATIONS IN THE US AND LATIN AMERICA
2024
$7.4M
TO PROMOTE SPONSOR, AND DONATE FUNDS TO EDUCATIONAL ORGANIZATIONS IN THE US AND LATIN AMERICA
2023
$1.7M
TO PROMOTE SPONSOR, AND DONATE FUNDS TO EDUCATIONAL ORGANIZATIONS IN THE US AND LATIN AMERICA
2022
Funded by
$47.0M from 2 funders · 5 grants · 2022–2024
Educational Developers Inc
$42.4M · 3 grants · 2022–2024
LC Fund for Priestly Formation
$4.5M · 2 grants · 2023–2024
Details
EIN061372326
NTEE codeX20
Subsection03
Ruling date2014-02
Formed1993
Employees0
Volunteers5