X โ€” Religion-RelatedEIN: 742687669ยท Ruling Year: 1996

Latin Impact Ministries Inc

Freeport, Florida

BHealth Score
56B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

๐Ÿ’ฐ
$324K
Total Revenue
๐Ÿ“Š
$409K
Total Expenses
๐Ÿฆ
$194K
Net Assets
๐Ÿ“‹
$6K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-33.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-26.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.47
Net assets divided by total expenses
Liabilities-to-Assets
3.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$324,223โ†“33%$409,128โ†“5%$200,384โ†“20%
2022$485,813โ†‘61%$430,712โ†‘48%$250,439โ†‘1%
2021$301,459โ†“24%$291,751โ†“15%$247,691โ†‘33%
2020$394,858โ†‘41%$341,996โ†‘29%$186,720โ†‘39%
2019$280,633โ†‘7%$266,024โ†“1%$134,080โ†‘12%
2018$262,528โ†“19%$268,291โ†“5%$119,531โ†“5%
2017$323,210โ†‘67%$282,950โ†‘8%$125,357โ†‘47%
2016$193,689โ†“13%$262,170โ†“6%$85,059โ†“45%
2015$222,510โ†‘2%$278,543โ†‘2%$153,534โ†“27%
2014$219,067โ†‘12%$273,488โ†‘24%$209,626โ†“21%
2013$195,736โ†‘15%$221,172โ†‘15%$263,957โ†“9%
2012$170,584โ†“20%$192,415โ†“24%$289,425โ†“7%
2011$214,420$252,932$311,483

Frequently Asked Questions

What does Latin Impact Ministries Inc do?โ–ผ

Latin Impact Ministries Inc is a religion-related nonprofit organization based in Florida. It is classified under NTEE code X80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Latin Impact Ministries Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Latin Impact Ministries Inc.

How much revenue does Latin Impact Ministries Inc generate?โ–ผ

Latin Impact Ministries Inc reports $338K in annual revenue and holds $220K in total assets, based on IRS filings.

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Latin Impact Ministries Inc โ€” Freeport, FL | GiveScope