LATIN AMERICAN MENNONITE PROJECT INC (EIN 842289997) - 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

2019

Legal Domicile

Principal Officer

MERVIN SCHROCK

Phone

2702131261

Tax Period

2024-01-01 to 2024-12-31

LATIN AMERICAN MENNONITE PROJECT INC, founded in 2019, is a small nonprofit in the Religion sector that reported $107K in total revenue in fiscal year 2024. Revenue fell 59% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $34K, a strong 32% operating margin.

Mission

THE PURPOSE OF THIS CORPORATION IS TO LIVE THE GOSPEL OF JESUS CHRIST BY ASSISTING ANABAPTIST BROTHERS AND SISTERS IN FOREIGN COUNTRIES WHO ARE IN NEED, TO ENABLE INTERNATIONAL ANABAPTIST COMMUNITITES TO BECOME SELF-SUSTAINING, AND TO ADVANCE EDUCATION AND AGRICULTURAL SOLUTION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $270,306

Program Service Revenue $11,429

Investment Income $0

Other Revenue $-175,116

TOTAL REVENUE $106,619

Expense Breakdown

Grants Paid $31,049

Salaries & Benefits $0

Fundraising Expenses $1,073

Program Expenses $68,132

Other Expenses $41,230

TOTAL EXPENSES $72,279

Year-over-Year Comparison

	2024	2023	Change
Revenue	$106,619	$262,960	-0.6%
Expenses	$72,279	$58,911	+0.2%
Net Income	$34,340	$204,049	-0.8%

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
ATLEE RABER	AT LARGE	5.00	Director	$0	$0	$0
JONAS BONTRAGER	AT LARGE	2.00	Director	$0	$0	$0
ABE DERKSEN	CHAIRMAN	5.00	Officer Director	$0	$0	$0
JAMES MARTENS	VICE CHAIRMAN	5.00	Officer Director	$0	$0	$0
MERVIN SCHROCK	SECRETARYTREASURER	5.00	Officer 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
2024	$106,619	$72,279	$882,442	$34,340
2023	$262,960	$58,911	$1,017,059	$204,049
2023	$189,771	$61,041	$825,089	$128,730
2022	$191,393	$102,374	$724,726	$89,019
2021	$262,547	$133,729	$642,542	$128,818
2020	$217,700	$202,345	$507,691	$15,355
2019	$546,457	$54,121	$492,336	$492,336

LATIN AMERICAN MENNONITE PROJECT INC