Laborers Together International Inc
- Assets
- $20.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Keller, TX
- Founding
- 10/2000
- Data as of
- 12/2023
- EIN
- 75-2829005
Organization Overview
Laborers Together International Inc is located in Keller, TX. The organization was established in 2000. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laborers Together International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Laborers Together International Inc generated $65.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $71.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
LTI SUPPORTS MISSIONARIES THROUGH DONATIONS FROM CHURCHES AND INDIVIDUALS. THIS INCLUDES VARIOUS FORMS OF MINISTRY THAT MISSIONARIES DO ON THE MISSION FIELD SUCH AS BUT NOT LIMITED TO ORPHANAGES, FOOD BANKS, CHURCHES, AND OTHER HUMANITIARN PROJECTS. THIS INCLUDES CONTRIBUTIONS TO OTHER NONPROFIT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Martin President | 40 | $750 | |
Kay Martin Vice-President | 30 | $600 | |
Jim Guin Secretary/treasurer | 0 | $0 | |
Chris Martin CEO | 30 | $600 | |
Margie Guin Director | 0 | $0 | |
Arlin Meyer Director | 30 | $3,008 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,431 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $61,989 |
| Total Revenue | $65,420 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,694 |
| Professional fees and other payments to independent contractors | $3,008 |
| Occupancy, rent, utilities, and maintenance | $2,245 |
| Printing, publications, postage, and shipping | $130 |
| Other expenses | $63,328 |
| Total expenses | $71,405 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,413 |
| Other assets | $0 |
| Total assets | $20,380 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,380 |