Latin American Missions Board Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 208,010 | 179,531 | 28,479 | 19.3 | 14% |
| 2012 | 223,050 | 189,808 | 33,242 | 20.4 | 14% |
| 2013 | 381,068 | 183,437 | 197,631 | 34.0 | 15% |
| 2014 | 218,198 | 157,684 | 60,514 | 42.9 | 0% |
| 2015 | 258,753 | 442,303 | −183,550 | 10.3 | 0% |
| 2016 | 182,242 | 393,287 | −211,045 | 5.2 | 4% |
| 2017 | 213,270 | 166,080 | 47,190 | 15.6 | 5% |
| 2018 | 189,881 | 140,049 | 49,832 | 22.8 | 10% |
| 2019 | 216,886 | 142,723 | 74,163 | 26.1 | 12% |
| 2020 | 225,112 | 153,210 | 71,902 | 24.8 | 13% |
| 2021 | 291,748 | 149,861 | 141,887 | 38.6 | 28% |
| 2022 | 355,968 | 258,609 | 97,359 | 26.0 | 18% |
| 2023 | 412,565 | 169,013 | 243,552 | 59.8 | 26% |
In its most recent public year (2023), this organization brought in $243,552 more than it spent. Its reserves stood at about 59.8 months of spending, up from 19.3 in 2011. Staff pay was 26% of spending. $388,692 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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