Overview
What is Latin Impact Ministries Inc?
Latin Impact Ministries Inc is a nonprofit organization, headquartered in Freeport, Florida, with a focus on supporting other ministries serving in Latin America, Central America, and the Caribbean. Their primary mission is to propagate the teachings of Jesus Christ. They achieve this by directly funding mission projects for these ministries, often led by Russell Black who offers guidance to these developing organizations. Their activities primarily center around Central and South America, along with the Spanish-speaking Caribbean. In addition, Latin Impact Ministries Inc maintains a continued commitment to a children's home in Romania. With a dedicated team of just one individual, this organization plays a significant role in spreading religious teachings and providing support to various ministries worldwide.
Official website here: www.latinimpact.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
Latin Impact Ministries Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score based entirely on its Accountability & Finance metrics. An 83% score indicates that the organization demonstrates a reasonable level of transparency and effective financial management, which is crucial for maintaining donor trust and support.
The charity excels in various areas, such as having a majority of independent board members and a solid program expense ratio of 86.55%, meaning that a significant portion of their expenditures goes directly to their programs. Additionally, they have implemented various policies, such as a conflict of interest policy, which contributes to their strong governance practices. However, they lack a whistleblower policy and document retention and destruction policies, which could be seen as areas for improvement in their accountability framework.
Overall, while Latin Impact Ministries Inc showcases strengths in governance and financial operations, addressing the noted limitations could further enhance their accountability and overall effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Latin Impact Ministries Inc legitimate?
Latin Impact Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latin Impact Ministries Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $81,943
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.latinimpact.org
What is the mission statement of Latin Impact Ministries Inc?
Latin Impact Ministries Inc's mission is centered around spreading the Gospel of Jesus Christ. Their primary focus extends to Central and South America, as well as the Spanish-speaking Caribbean. Additionally, they offer continuous support to a children's home located in Romania. The organization also aids other ministries serving in the same regions by providing resources for mission projects directly to ministers. Latin Impact Ministries Inc's activities often involve offering guidance and support to these young ministries.
Official website here: www.latinimpact.org
Who is the CEO of Latin Impact Ministries Inc?
Russell Black is the Director of Latin Impact Ministries Inc.
Official website here: www.latinimpact.org
What is the revenue of Latin Impact Ministries Inc?
Latin Impact Ministries Inc's revenue in 2022 was $485,813.
Official website here: www.latinimpact.org
Who are the executives of Latin Impact Ministries Inc and what are their salaries?
The average compensation at Latin Impact Ministries Inc during 2022 was $81,943. There is 1 employee at Latin Impact Ministries Inc.
Here are 7 key members and their salaries:
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Official website here: www.latinimpact.org
Where can I find the form 990 for Latin Impact Ministries Inc?
Latin Impact Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.latinimpact.org
Learn more at the official website: www.latinimpact.org
Mission Statement of Latin Impact Ministries Inc
Latin Impact Ministries Inc is committed to spreading the message of Jesus Christ. Their primary focus is on Central and South America, as well as the Spanish-speaking Caribbean. Beyond this, they provide ongoing support to a children's home in Romania. The organization's activities extend beyond just preaching the Gospel. They support various ministries operating in these regions, providing resources and guidance to help these initiatives thrive. Their founder, Russell Black, often travels to these regions to offer advice and guidance to these young ministries. Latin Impact Ministries Inc's mission is multi-faceted, encompassing both the spreading of faith and the support of other ministries serving in these regions.
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Impact
July, 2024
Latin Impact Ministries Inc's impact is focused on spreading the Gospel of Jesus Christ in Central and South America, as well as the Spanish speaking Caribbean. The Ministry supports other ministries in these regions by providing direct assistance for mission projects and offering guidance to young ministries. Additionally, Latin Impact Ministries Inc continues to support a children's home in Romania. Through their dedication to serving these communities and spreading the message of Christ, Latin Impact Ministries Inc has made a positive impact on the lives of many individuals in need of spiritual guidance and support.
This information is meant to be a general summary of Latin Impact Ministries Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,476
- Gross Receipts: $485,813
Assets and Liabilities:
- Total Assets: $250,439
- Total Liabilities: $3,942
- Net Assets: $246,497
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Organization Details
Founding Year
2003
Principal Officer
Russell Black
Main Address
189 W Bayou Drive, Freeport, FL, 32439
Website
www.latinimpact.orgNTEE Category
Code: X80 - Religion related
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