Island Impact Ministries is located in Palm City, FL. The organization was established in 2008. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Island Impact Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Island Impact Ministries generated $51.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $45.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MEDICAL CLINIC AND CARE SCHOOL SPONSORED EDUCATION ASSISTANCE TO THE NEEDY IN THE DOMINICAN REPUBLIC HAITI
Describe the Organization's Program Activity:
Part 3
HAITI ORPHANAGE
MEDICAL PROGARMS
TEAM LODGING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Nelson President | 10 | $0 | |
Kelli Nelson Vice President | 5 | $0 | |
Holly Nelson Secretary Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $51,274 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $51,274 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $154 |
Occupancy, rent, utilities, and maintenance | $3,020 |
Printing, publications, postage, and shipping | $42 |
Other expenses | $42,310 |
Total expenses | $45,526 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $59,767 |
Other assets | $0 |
Total assets | $67,558 |
Total liabilities | $941 |
Net assets or fund balances | $66,617 |