Indian Christian Orthodox Network Charities Inc

Nonprofit profile at a glance

EIN
202966676
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2010
Location
Bettendorf, IA, USA
Phone
3092693247
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations
Affiliation
Christianity

Official website

Reported finances

Revenue
$713,588
Expenses
$165,917
Assets
$790,061
Liabilities
$0

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Oommen Kappil (President)

People named in this filing

  • Oommen Kappil (President)
  • Abraham Chirackal (Exec Director/Secretary)
  • Biju Ninan (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Our mission is to offer vital resources and support systems that contribute to the construction of a more equitable and flourishing society. We are committed to elevating the quality of life for those who have been less fortunate, while exemplifying the best aspects of humanity. Our work is a testament to our deep love, unwavering hope, and boundless compassion for all individuals who, due to circumstances beyond their control, lack access to essential requirements like education, shelter, and medical care. Through our dedicated efforts, we aim to bridge these gaps and uplift the lives of those in need, ultimately enriching their overall well-being.

What it reported doing in 2024

We firmly believe that education is a powerful tool for breaking the cycle of generational poverty. To this end, we have initiated several programs, including the ICON Excellence Awards, which provide partial and full educational assistance to bright and students from financially challenged backgrounds. In the current year, we have extended our support to 622 college students, offering them partial educational assistance. You can find further details about these students and our programs at http://www.iconexcellenceaward.org. Notably, these students come from economically and socially disadvantaged communities in southern states of India. We also helped 10 students with extra special financial help to complete their education. Our strategic focus is on increasing our support for female students because we firmly believe that educating girls empowers them to become change-makers who have a positive impact on their communities. As we continue to invest in education, we aspire to create a brighter and more equitable future for all.

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 97% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 46
  • Transparency & Controls: 65
  • Accountability: 64
  • Sustainability: 91
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 23.3%; rating input score 23
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 0 of 8 controls in place; rating input score 0
    • Claims monitoring procedures: Fail
    • 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: 50%; rating input score 50; 29th 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; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 76.7%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 4.76; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 1.2% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 35.8% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 28.1% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 23.3% of revenue deployed · 100% of spending went to programs
  • Governance: 8 of 8 board members independent · 1 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $166K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 5 filed schedules · includes major donors and foreign activity
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Financial Efficiency: Mission deployment rate scored 23/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
  • Review — Transparency & Controls: Grant itemization coverage scored 50/100.