Missio Corp
Nonprofit profile at a glance
- EIN
- 832355039
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-N 2018
- Location
- New York, NY, USA
- Phone
- 6185857015
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Relief
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,135,999
- Expenses
- $1,737,380
- Assets
- $2,294,098
- Liabilities
- $352,778
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- REV ANDREW SMALL OMI (FOUNDER & CEO)
- JOELLE C BIRGE (VICE PRESIDENT, LENDING)
Highest reported compensation
- KEITH POLO (CHIEF LENDING OFFICER): $225,907 total reported compensation
- JOELLE C BIRGE (VICE PRESIDENT, LENDING): $206,000 total reported compensation
- REV ANDREW SMALL OMI (FOUNDER & CEO): $78,898 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 Missio Corp. . was conceived to build up the personnel and infrastructure in mission dioceses, currently more than 1,100 Catholic dioceses, mostly in Africa and Asia. Missio Corp. has unique access to the Catholic Church's network of dioceses, seminaries, religious communities, parishes, schools and social institutions, providing support for capacity building of Church leaders, technical assistance, and projects that address critical issues such as food security, care for our common home, education and health care. The Catholic Church is the largest provider of education and health care across Africa and is uniquely positioned to fill the growing gap between an expanding population and local solutions that cannot keep pace. The Church also owns vast amounts of arable land, an underutilized resource which can directly address food security, advance environmentally sound farming practices, and provide jobs while generating income to fund the vital social program
What it reported doing in 2024
Capacity Building & Technical Assistance - Providing training and expertise that then transfers to others in the religious community, providing opportunities for overall development. With support from donations and other sources provide agricultural expertise that will enable selected projects to achieve their goal of supporting their communities. Based on the funding provided for approved agricultural projects all efforts are made to allow the recipient to become more self-sustaining, and better able to provide for the needs of the schools, orphanages, seminaries or other Church facility and surround communities.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 82
- Accountability: 100
- Sustainability: 22
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 73.3%; rating input score 73
- Fundraising efficiency: $6.24 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -52.9%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 1.32; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 29.4%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 10.3% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: -11.1% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: 24.2% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 73.3% of spending went to programs
- Governance: 4 of 4 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $1.3M in reported program spending
- Leadership: top reported pay $226K · 7 people listed · 4 of 6 pay-setting controls reported
- Consistency: 22 of 22 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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: Fundraising efficiency scored 23/100.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- High — Sustainability: Officer compensation ratio scored 7/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.