Latin Impact Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 214,420 | 252,932 | −38,512 | 14.8 | 53% |
| 2012 | 170,584 | 192,415 | −21,831 | 18.0 | 55% |
| 2013 | 195,736 | 221,172 | −25,436 | 14.3 | 47% |
| 2014 | 219,067 | 273,488 | −54,421 | 9.2 | 39% |
| 2015 | 222,510 | 278,543 | −56,033 | 6.6 | 40% |
| 2016 | 193,689 | 262,170 | −68,481 | 3.9 | 43% |
| 2017 | 323,210 | 282,950 | 40,260 | 5.3 | 36% |
| 2018 | 262,528 | 268,291 | −5,763 | 5.3 | 28% |
| 2019 | 280,633 | 266,024 | 14,609 | 6.0 | 28% |
| 2020 | 394,858 | 341,996 | 52,862 | 6.6 | 24% |
| 2021 | 301,459 | 291,751 | 9,708 | 10.1 | 29% |
| 2022 | 485,813 | 430,712 | 55,101 | 6.9 | 19% |
| 2023 | 324,223 | 409,128 | −84,905 | 5.7 | 21% |
In its most recent public year (2023), this organization spent $84,905 more than it brought in. Its reserves stood at about 5.7 months of spending, down from 14.8 in 2011. Staff pay was 21% of spending.
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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