Latin America Ministries Board Inc
Nonprofit profile at a glance
- EIN
- 843304028
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- El Paso, TX, USA
- Phone
- 3474194789
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $140,353
- Expenses
- $119,714
- Assets
- $203,033
- Liabilities
- $37,725
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- KISUNG CHU (PRESIDENT)
People named in this filing
- KISUNG CHU (PRESIDENT)
- ANDREW HO LEE (DIRECTOR)
- CHIYOEN CHUNG (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To propagate the gospel of jesus christ throughout latin america; to promote the word of god through the teaching og the bible; to establish missions and mission centers for missionaries interested in furthering our evangelical purposes; to help the poor, the hungry and the community by collecting and distributing food, clothing and other mecessities; to organize and activively partake in community services by volunteering at existing organizations such as community hospitals; and to aid in the building of community and emergency relief centers in third-world contries where the needy have been neglected.
What it reported doing in 2024
To support missionary activities in mexico
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 82
- Sustainability: 63
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.1%; rating input score 77
- Program expense ratio: 90.4%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 14.7%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 1.7; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 41.2% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 27.3% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 35.6% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 77.1% of revenue deployed · 90.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $108K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Liabilities to assets ratio scored 19/100.