Latin America Ministries Board Inc is located in El Paso, TX. The organization was established in 2020. 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. Latin America Ministries Board 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 08/2023, Latin America Ministries Board Inc generated $65.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $46.1k during the year ending 08/2023. While expenses have increased by 26.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
TO SUPPORT MISSIONARY ACTIVITIES IN MEXICO
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kisung Chu President | 2 | $0 | |
Andrew Ho Lee Director | 2 | $0 | |
Faith Song Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $65,170 |
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 | $65,170 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $200 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $45,925 |
Total expenses | $46,125 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $108,018 |
Other assets | $0 |
Total assets | $108,018 |
Total liabilities | $3,590 |
Net assets or fund balances | $104,428 |