LATIN WORLD MINISTRIES INC (EIN 742676272) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Phone

9032719926

Tax Period

2023-01-01 to 2023-12-31

LATIN WORLD MINISTRIES INC, founded in 1993, is a micro nonprofit in the Religion sector that reported $59K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring.

Mission

PROVIDE MEDICAL AND SPIRITUAL ASSISTANCE BY OPERATING A CLINIC/HOSPITAL IN MEXICO.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $59,290

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $59,290

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $62,350

Other Expenses $64,916

TOTAL EXPENSES $64,916

Year-over-Year Comparison

	2023	2022	Change
Revenue	$59,290	$84,598	-0.3%
Expenses	$64,916	$90,075	-0.3%
Net Income	$-5,626	$-5,477	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS E SHAFFER	President	20.00	Officer Director	$0	$0	$0
JEROME SMITH DDS	Treasurer	0.00	Officer Director	$0	$0	$0
MICHELLE M GARCIA RT	Vice President	0.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$59,290	$64,916	$4,068	$-5,626
2022	$84,598	$90,075	$9,694	$-5,477
2018	$60,975	$71,162	$17,530	$-10,187

LATIN WORLD MINISTRIES INC