Foundation Latin America is located in null. The organization was established in 2016. 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. Foundation Latin America 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 12/2019, Foundation Latin America generated $26.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (36.8%) each year. All expenses for the organization totaled $34.1k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
MISSIONS OUT OF COUNTRY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christopher R Olson Director | 0 | $0 | |
David E Kunz Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,432 |
Total Program Service Revenue | $2,180 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $26,612 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $1,942 |
Professional fees and other payments to independent contractors | $7,191 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $30 |
Other expenses | $24,916 |
Total expenses | $34,079 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,771 |
Other assets | $0 |
Total assets | $50,317 |
Total liabilities | $0 |
Net assets or fund balances | $50,317 |
Over the last fiscal year, we have identified 1 grants that Foundation Latin America has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Impactassets Inc Bethesda, MD PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Barnabas Family Ministries Society | $10,044,438 | $1,304,169 |
International Chapel Ministries | $218,824 | $173,165 |
Frg Ministry International Inc | $257,902 | $259,434 |
Indigenous Pathways | $0 | $0 |
Foundation Latin America | $50,317 | $0 |