INTERNATIONAL FAMILY MISSIONS

EIN: 841058590 501(c)(3)

LAFAYETTE, CO

Total Revenue
$88,168
Total Expenses
$115,097
Total Assets
$203,812
Net Assets
$-3,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
CO
Principal Officer
KATHLEEN A HART
Phone
3036657635
Tax Period
2020-01-01 to 2020-12-31

INTERNATIONAL FAMILY MISSIONS, founded in 1987, is a micro nonprofit that reported $88K in total revenue in fiscal year 2020. Revenue decreased 5% compared to the prior year. Expenses of $115K exceeded revenue, resulting in a 31% operating deficit.

Mission

INTERNATIONAL FAMILY MISSIONS ENGAGES IN MISSIONS AND MINISTRY

Program Service Accomplishments

Program 1
Expenses: $32,101

IFM TRANSFERRED ITS DIVISIONAL MINISTRY OF THE ORGANIZATION, HOUSE OF CORNELIUS, TO ANOTHER 501 C 3 ORGANIZATION IN 2013. HOWEVER IT HAS CONTINUED TO SUPPORT AND SERVE THIS MINISTRY THROUGH ITS...

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IFM TRANSFERRED ITS DIVISIONAL MINISTRY OF THE ORGANIZATION, HOUSE OF CORNELIUS, TO ANOTHER 501 C 3 ORGANIZATION IN 2013. HOWEVER IT HAS CONTINUED TO SUPPORT AND SERVE THIS MINISTRY THROUGH ITS MISSIONARY EFFORTS. THE MINISTRY OF THE CORNELIUS HOUSE CAMPUS IS VARIED AND CAN CHANGE FROM SEASON TO SEASON DEPENDING ON WHAT WE BELIEVE THE LORD'S WILL AND DIRECTION AT ANY GIVEN TIME. IN 2019, IFM MADE SEVERAL MISSION TRIPS TO EL PASO AND JUAREZ TO TRAIN, FEED AND CARE FOR THE REFUGEES THERE IN A PRACTICAL WAY AS WELL AS MEET THEIR SPIRITUAL NEEDS TO HELP THEM BECOME ESTABLISHED IN THE US.

Program 2
Expenses: $80,033

IFM WORKS WITH VARIOUS OTHER MINISTRIES AND CHURCHES TO REACH OUT TO PEOPLE WITH THE GOSPEL OF JESUS CHRIST. THESE MINISTRIES SERVE THROUGH DESCIPLESHIP, HOSPITALITY, PASTORAL, PRAYER AND OTHER...

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IFM WORKS WITH VARIOUS OTHER MINISTRIES AND CHURCHES TO REACH OUT TO PEOPLE WITH THE GOSPEL OF JESUS CHRIST. THESE MINISTRIES SERVE THROUGH DESCIPLESHIP, HOSPITALITY, PASTORAL, PRAYER AND OTHER CHURCH TYPE MINISTERING ACTIVITIES.WE SUPPORT AND ASSIST OTHER ORGANIZATIONS AND INDIVIDUALS TO RAISE THE AWARENESS OF NEEDS AND SERVE AS A CONDUIT FOR OTHERS TO GIVE TOWARDS THOSE NEEDS. IN 2020 WE VISITED AND MINISTERED IN JUAREZ, MEXICO AT A FEEDING CENTER (OVER 100 PEOPLE), THREE ORPHANAGES (OVER 180 CHILDREN), A DRUG REHABILITATION CENTER (40-80 MEN, AN ELDERLY HOME (OVER 25 PEOPLE), A HOME FOR YOUNG STREET WOMEN(OVER 50 GIRLS), TO A CHRISTIAN SCHOOL WITH OVER 60 STUDENTS AND TO A NUMBER OF PASTORS AND INDIVIDUAL FAMILIES.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $78,315
Program Service Revenue $0
Investment Income $37
Other Revenue $9,816
TOTAL REVENUE $88,168

Expense Breakdown

Grants Paid $73,965
Salaries & Benefits $28,984
Fundraising Expenses $0
Program Expenses $112,134
Other Expenses $12,148
TOTAL EXPENSES $115,097

Year-over-Year Comparison

2020 2019 Change
Revenue $88,168 $92,914 -0.1%
Expenses $115,097 $120,575 0.0%
Net Income $-26,929 $-27,661 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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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
N/A

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
1
$28,984
Total Directors
3
$28,984
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHLEEN A HART PRESIDENT, D 48.00
Officer Director
$27,000 $1,984 $28,984
STEPHEN BROOKS VICE PRESIDE N/A
Director
$0 $0 $0
SUSAN BROOKS SECY/TREASUR N/A
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
2020 $88,168 $115,097 $203,812 $-26,929
2019 $92,914 $120,575 $233,435 $-27,661
2018 $99,410 $141,087 $253,928 $-41,677
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