Faith in Practice

Nonprofit profile at a glance

EIN
760415986
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Houston, TX, USA
Phone
7134845555
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
International Development

Official website

Reported finances

Revenue
$18,434,376
Expenses
$16,992,364
Assets
$15,382,025
Liabilities
$709,979

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

32 people listed

Executive titles in this filing

  • BEN ADESOPE (CHIEF EXECUTIVE OFFICER DEC 24)
  • KATHERINE PARSLEY (INTERIM CEO THRU DEC 24)
  • MICHELLE BAIR (FORMER PRESIDENT & CEO)

Highest reported compensation

  • EDWARD RODRIGUEZ (TREAS & SR. DIR OF FINANCE): $181,743 total reported compensation
  • TAYLOR O'NEILL (CHIEF DEVELOPMENT OFFICER): $180,992 total reported compensation
  • MICHELLE BAIR (FORMER PRESIDENT & CEO): $158,684 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of faith in practice is to improve the physical, spiritual, and economic condition of the poor in guatemala through short-term surgical, medical, and dental mission trips and health related educational programs. (continued on schedule o)faith in practice volunteers provided medical services to patients through its volunteer teams.

What it reported doing in 2024

In the fiscal year ended august 31, 2025 faith in practice volunteers saw approximately 27,216 patients in medical clinics and performed over 2,320 surgery procedures. Faith in practice was able to provide and fit wheelchairs for 2,559 patients. The total fair market value of donated medical supplies, equipment and services is $17,595,977 which includes $5,047,987 of in-kind medical service donations and donated facilities that are not reported on form 990. Faith in practice volunteers also train guatemalan providers to screen for cervical cancer and conduct health and medical education programs. Faith in practice exists to organize and manage volunteers who provide medical, surgical, dental and related health education services in guatemala.(continued on schedule o)faith in practice volunteers provided medical services to approximately 24,992 patients through its volunteer teams.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 73% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 70
  • Accountability: 95
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.9%; rating input score 84
  • Program expense ratio: 90.6%; rating input score 91
  • Fundraising efficiency: $25.03 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.8%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 0.91; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 84; 84th percentile among comparable filings
  • Officer compensation ratio: 4.7%; rating input score 53; 53rd percentile among comparable filings

Growth

  • Program expense growth: 7.7% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 8% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 15.1% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 83.9% of revenue deployed · 90.6% of spending went to programs
  • Governance: 23 of 23 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $15.4M in reported program spending
  • Leadership: top reported pay $182K · 32 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 36 of 37 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 53/100.