Panama Mission Relief
- Assets
- $8.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, TX
- Founding
- 06/2009
- Data as of
- 12/2021
- EIN
- 80-0196490
Organization Overview
Panama Mission Relief is located in Midland, TX. The organization was established in 2009. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Panama Mission Relief 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 12/2021, Panama Mission Relief generated $57.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $58.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AID IN PANAMA
Describe the Organization's Program Activity:
Part 3
WE SPENT $80,716.37 FOR SALARY AND WORK FUND FOR MISSIONARY KIM ROWELL AND OTHERS LIVING AND WORKING IN PANAMA.
WE SPENT $194.57 PROVIDING AID.
WE SPENT $10,068 ON TRIPS TO TEACH, TRAIN AND RENDER AID.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Lowrie Officer | 1 | $0 | |
Matt Sears Board Member | 1 | $0 | |
Heather Harris Board Member | 1 | $0 | |
Jonathan Penland Board Member | 1 | $0 | |
Layton Hargesheimer Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,679 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,679 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,000 |
| Professional fees and other payments to independent contractors | $9,720 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $994 |
| Other expenses | $11,345 |
| Total expenses | $58,059 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,183 |
| Other assets | $0 |
| Total assets | $8,183 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,183 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Panama Mission Relief has recieved totaling $15,014.
| Awarding Organization | Amount |
|---|---|
Moriah Foundation Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
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Dallas Petroleum Club Dallas, TX | $6,437,336 | $6,134,462 |
Krewe Of Bacchus Inc New Orleans, LA | $5,050,746 | $6,016,204 |
Westwood Country Club Inc Houston, TX | $8,686,172 | $4,577,698 |
American Mensa Ltd Hurst, TX | $11,710,635 | $4,744,166 |
De Cordova Bend Estates Country Club Inc Granbury, TX | $7,052,253 | $3,729,536 |
Austin Golf Club Spicewood, TX | $10,664,595 | $3,860,252 |
Bayou Club Of Houston Houston, TX | $5,725,988 | $3,088,744 |
Hot Springs Country Club Inc Hot Springs, AR | $2,661,246 | $3,999,960 |
Club Giraud San Antonio, TX | $2,168,734 | $3,446,600 |