Latin America Mennonite Project
EIN: 842289997 · Slaughters, KY · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $468K |
| Total Expenses | $59K |
| Net Assets | $1.0M |
Is Latin America Mennonite Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Latin America Mennonite Project
Latin America Mennonite Project (EIN: 842289997) is a nonprofit organization based in Slaughters, KY, classified under NTEE code X20. The organization reported total revenue of $468K and total assets of $865K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Latin America Mennonite Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Latin America Mennonite Project is a small nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -16.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $263K |
| Total Expenses | $59K |
| Surplus / Deficit | +$204K |
| Total Assets | $1.0M |
| Total Liabilities | $12K |
| Net Assets | $1.0M |
| Operating Margin | 77.6% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 207.2 months |
Financial Health Grade: A
In 2023, Latin America Mennonite Project reported a surplus of $204K with revenue exceeding expenses, holds 207.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Latin America Mennonite Project's revenue has declined at a compound annual growth rate (CAGR) of -16.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.4% | -42.5% | +40.3% |
| 2022 | -27.1% | -23.4% | +12.8% |
| 2021 | +20.6% | -33.9% | +26.6% |
| 2020 | -60.2% | +273.9% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Latin America Mennonite Project has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Latin America Mennonite Project with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $204K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about Latin America Mennonite Project
Is Latin America Mennonite Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Latin America Mennonite Project (EIN: 842289997) insufficient data. 0 red flags identified, 0 strengths noted.
How does Latin America Mennonite Project spend its money?
Detailed spending breakdown data is not yet available for Latin America Mennonite Project. Check back for updated IRS 990 analysis.
Are donations to Latin America Mennonite Project tax-deductible?
Latin America Mennonite Project is registered as a tax-exempt nonprofit (EIN: 842289997). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Latin America Mennonite Project located?
Latin America Mennonite Project is headquartered in Slaughters, Kentucky and files with the IRS under EIN 842289997. It is classified under NTEE code X20.
How many years of IRS 990 filings does Latin America Mennonite Project have?
Latin America Mennonite Project has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $468K in total revenue.
Filing History
IRS 990 filing history for Latin America Mennonite Project showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Latin America Mennonite Project's revenue has declined by 51.9%, moving from $546K to $263K. Total assets increased by 106.6% over the same period, from $492K to $1.0M. Total functional expenses rose by 8.9%, from $54K to $59K. In its most recent filing year (2023), Latin America Mennonite Project reported a surplus of $204K, with revenue exceeding expenses. The organization holds $12K in liabilities against $1.0M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $263K | $59K | $1.0M | $12K | — | — |
| 2022 | $191K | $102K | $725K | $0 | — | — |
| 2021 | $263K | $134K | $643K | $0 | — | — |
| 2020 | $218K | $202K | $508K | $0 | — | — |
| 2019 | $546K | $54K | $492K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $263K, expenses of $59K, and assets of $1.0M (revenue +37.4% year-over-year).
- 2022: Revenue of $191K, expenses of $102K, and assets of $725K (revenue -27.1% year-over-year).
- 2021: Revenue of $263K, expenses of $134K, and assets of $643K (revenue +20.6% year-over-year).
- 2020: Revenue of $218K, expenses of $202K, and assets of $508K (revenue -60.2% year-over-year).
- 2019: Revenue of $546K, expenses of $54K, and assets of $492K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Latin America Mennonite Project:
Data Sources and Methodology
This transparency report for Latin America Mennonite Project is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.