Impact Latin America
- Assets
- $245.0k
- Revenue
- $596.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Seattle, WA
- Founding
- Data as of
- 12/2023
- EIN
- 85-1316184
Organization Overview
Impact Latin America is located in Seattle, WA. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2023, Impact Latin America employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact 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 12/2023, Impact Latin America generated $596.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 38.3% each year . All expenses for the organization totaled $388.6k during the year ending 12/2023. While expenses have increased by 21.0% per year over the past 3 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
IMPACT LATIN AMERICA PLANTS GOD'S PEACE IN INDIVIDUALS, HOMES AND COMMUNITIES BY ENGAGING PARTNERS TO EQUIP LATIN AMERICAN LEADERS TO MULTIPLY DISCIPLES, LEADERS, AND CHURCHES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPACT LATIN AMERICA PLANTS GOD'S PEACE IN INDIVIDUALS, HOMES, AND COMMUNITIES. WE DO THIS BY ENGAGING PARTNERS TO EQUIP LATIN AMERICAN LEADERS TO MULTIPLY DISCIPLES, LEADERS, AND CHURCHES. DURING 2023, 4,285 MEMBERS OF ESTABLISHED CHURCHES WERE EQUIPPED TO SHARE THEIR FAITH THROUGH OUR DISCIPLES MAKING DISCIPLES TRAINING (ADDED TO 1,900 IN 2021 AND 3633 IN 2022). 5,503 PEOPLE BEGAN A RELATIONSHIP WITH JESUS IN 2023, AN INCREASE OF 22%. NEW BELIEVERS ARE DISCIPLED, AND LEADERS DEVELOPED THROUGH HOUSES OF PEACE OR HOUSE CHURCHES THAT BECOME CENTERS OF PLANTING GOD'S PEACE IN THEIR COMMUNITIES. IN 2023 THE NUMBER OF ACTIVE HOUSES OF PEACE INCREASED 26% TO 1190. EACH IS PART OF A NETWORK FOR TRAINING AND MENTORING. AT THE END OF 2023 THERE WERE 182 NETWORKS IN 18 COUNTRIES, ADDING A NEW PARTNERSHIP IN PANAMA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ricardo Gomez Executive Director | OfficerTrustee | 8 | $10,000 |
Paul Olver Operations Director & Board Chair | OfficerTrustee | 20 | $0 |
Will Faircloth Secretary From August 2023 | OfficerTrustee | 1 | $0 |
Kathy Stegman Secretary To July 2023 | OfficerTrustee | 1 | $0 |
Devin Bruckner Treasurer | OfficerTrustee | 5 | $0 |
Sebastian Collazo Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $594,252 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $594,252 |
| Total Program Service Revenue | $0 |
| Investment income | $195 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $596,177 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $10,000 |
| Compensation of current officers, directors, key employees. | $2,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,549 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,541 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,834 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $213,249 |
| Advertising and promotion | $200 |
| Office expenses | $9,492 |
| Information technology | $6,304 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $64,779 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,044 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,026 |
| All other expenses | $5,541 |
| Total functional expenses | $388,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,973 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $136,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $42,045 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $245,018 |
| Accounts payable and accrued expenses | $651 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $651 |
| Net assets without donor restrictions | $106,727 |
| Net assets with donor restrictions | $137,640 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $245,018 |