Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2011.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
93 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
6 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Provides grants and outreach to alleviate poverty in Honduras' capital city.
Questions for Breaking Chains Honduras INC
Your first name shows with your question. Breaking Chains Honduras INC answers here, for everyone.
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Education and Vocation Initiative
Education is a key element to breaking the cycle of poverty for families. Breaking chains is committed to lifting families up economically through providing access to education. Through grants, breaking chains sponsors 30 children for quality education opportunities through local, honduran-run schools.
Young adult ministry breaking chains also supports the care of socially at-risk young adults in periods of transition (trying to get off the streets, having aged out of children's home, seeking respite from poor family situations, etc.).
Street outreach and community benevolence breaking chains is committed to the work of showing love by serving those in need via various benevolence initiatives including food, hygiene, medical and living expenses support.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $143K | $113K |
| Total assetsLn 16 | $143K | $113K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $143K | $113K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $2K | $2K | ||
| Grants and assistance to foreign recipientsLn 3 | $248K | $248K | ||
| Other salaries and wagesLn 7 | $159K | $139K | $20K | |
| Payroll taxesLn 10 | $17K | $15K | $2K | |
| Accounting feesLn 11c | $1K | $1K | ||
| Advertising and promotionLn 12 | $68 | $68 | ||
| Office expensesLn 13 | $2K | $2K | ||
| Other expenses (24a–d)Ln 24 | $27K | $21K | $6K | |
| Total functional expensesLn 25 | $456K | $425K | $32K | $68 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $530K | $516K | $14K | $141K | 990 PDF |
| FY2023 | $527K | $613K | −$86K | $126K | 990 PDF |
| FY2022 | $595K | $495K | $100K | $212K | 990 PDF |
| FY2021 Viewing | $426K | $456K | −$30K | $113K | 990 PDF |
| FY2020 | $453K | $420K | $34K | $143K | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $426,187 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, 4 to look at
Part VIII · Statement of revenue $426,187 across 3 lines filed
Part IX · Statement of functional expenses $456,407 across 8 lines filed
Part X · Balance sheet $112,558 assets, 6 lines filed
Part XI · Reconciliation of net assets $112,558 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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