Mother of Incarnate Wisdom House of Prayer Inc

Nonprofit profile at a glance

EIN
161782149
IRS 990-EZ coverage
2014–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2012
Location
Houston, TX, USA
Phone
7134169475
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Roman Catholic
Affiliation
Christianity

Official website

Reported finances

Revenue
$147,992
Expenses
$123,766
Assets
$482,990
Liabilities
$20,550

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

Leadership & pay

5 people listed

People named in this filing

  • Gina Waters (Director)
  • Kelly Chen (Secretary)
  • Steven Dalhoff (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bring Catholic Christians to a deeper understanding of their vocation and mission in Christ, in the Church and in the world. Mission is accomplished through prayer and formation meetings, spiritual direction, healing prayer, retreats and vocation support.

What it reported doing in 2024

Mother of Incarnate Wisdom HOP (MIW) provides financial support for our founding community, as well as the Archdiocese of Galveston/Houston, that in turn supports Catholic formation of priests and laity.

Operating model

Revenue model
Earned-program. 66% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.

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: 90
  • Transparency & Controls: 100
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.8%; rating input score 84
  • Program expense ratio: 98.8%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 16.4%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 3.9; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 0.6% per year; rating input score 100; 32nd percentile among comparable filings
  • Revenue growth: 2.8% per year; rating input score 100; 36th percentile among comparable filings
  • Asset growth: 8.9% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 83.8% of revenue deployed · 98.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $122K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.

  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.