Joy2theworld Inc
Nonprofit profile at a glance
- EIN
- 263529726
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2014
- Location
- Laporte, TX, USA
- Phone
- 4132490922
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Relief
- Affiliation
- Christianity
Reported finances
- Revenue
- $194,497
- Expenses
- $154,649
- Assets
- $243,705
- Liabilities
- $184,590
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- KATHLEEN GIBBS (President & CEO)
People named in this filing
- KATHLEEN GIBBS (President & CEO)
- RALPH KEOHRER (Secretary)
- IRENE ZHANG (Chairman)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organizaton fosters growth and development through a rigorous christian academic environment for needy children.
What it reported doing in 2024
Our mission is to foster growth and development through a christian academic environment for children from nursery through junior high levels.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 82
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73%; rating input score 73
- Program expense ratio: 91.8%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 20.5%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 1.58; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.76; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 11.7% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 13.2% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 26.1% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 73% of revenue deployed · 91.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $142K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2015 to 2024
- Contacts: How to reach this organization
- 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 — Sustainability: Liabilities to assets ratio scored 7/100.