Network of International Christian Schools/oasis International Schools
Nonprofit profile at a glance
- EIN
- 581988777
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Southaven, MS, USA
- Phone
- 6628924300
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $5,716,108
- Expenses
- $5,863,806
- Assets
- $14,344,915
- Liabilities
- $6,244,531
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- BLAKE WEAVER (PRESIDENT)
Highest reported compensation
- BLAKE WEAVER (PRESIDENT): $180,734 total reported compensation
- CHRISTOPHER WILSON (CFO): $137,315 total reported compensation
- JEDIDIAH HALE (VICE PRESIDE): $131,840 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Nics/oasis assists international schools around the world by helping to start up new schools, recruit teachers, purchase textbooks and provide other support services to the schools. While the nics home office does not technically own or control her overseas operations, these operations are typically indirectly controlled by the agency through the commitment of members of local legal entities who serve to represent the interests of nics in their board/owner capacity and do so by written agreement.
What it reported doing in 2024
Recruited new teachers and school administrators and provided support services to 12 international schools around the world. More than 5,000 students benefited.
Operating model
- Revenue model
- Earned-program. 73% 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 74% for direct work, and 26% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Fundraising costs are high for each dollar raised and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 55
- Accountability: 100
- Sustainability: 38
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.3%; rating input score 77
- Program expense ratio: 74.9%; rating input score 75
- Fundraising efficiency: $8.94 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- 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: Limited
- Conducts field audits: Limited
- May suspend future funding: Limited
- Requires financial reports: Limited
- Conducts site visits: Limited
- Requires grant agreements: Limited
- May require repayment: Limited
- Grant itemization coverage: 49.6%; rating input score 50; 15th 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: 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: -2.6%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 2.45; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.44; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 9.6%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: -3.2% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -1.9% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 2.5% per year; rating input score 100; 22nd percentile among comparable filings
Details
- Where the money goes: 77.3% of revenue deployed · 74.9% of spending went to programs
- Governance: 5 of 5 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $4.4M in reported program spending
- Leadership: top reported pay $181K · 10 people listed · 1 of 6 pay-setting controls reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 3 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 34/100.
- Review — Transparency & Controls: Grant itemization coverage scored 50/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.