Ourspace World Inc
Nonprofit profile at a glance
- EIN
- 611663030
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2018
- Location
- Bowie, MD, USA
- Phone
- 6786130427
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Ambulatory Health Center, Community Clinic
Reported finances
- Revenue
- $1,461,069
- Expenses
- $1,625,040
- Assets
- $687,932
- Liabilities
- $100,357
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Adjoa Oriyomi (Board President)
Highest reported compensation
- Kwabena Sika (Operations Director): $61,666 total reported compensation
- Aita Amaize (Administrative Director): $59,096 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We help systematically disadvantaged farmers, builders, healers, and educators attain sovereignty and sustainability through partnerships and wise resource acquisition and management. OurSpace World builds capacity and long-term community sustainability through supporting education and service to the land. We help support whole-person health, low-cost sustainable housing, education, and regenerative farm and land renewal practices through skills training and technical assistance. OurSpace World's fiscal sponsorship program provides management support to mission driven groups aligned with OurSpace World's program goals. OurSpace World manages project finances and provides administrative support for a variety of individual projects related to OurSpace World's mission.
What it reported doing in 2024
Teach 22: Education, skills building, and training for job and economic development. OSW's historical mission has been to build leadership within the community by teaching and training valuable skills to individuals in the community to support growth of whole-person health, sustainable housing, and education. OSW has added farming, natural building, and land management skills to this. The organization trains people in basic farming and construction of basic farm infrastructure every year. OSW's Teach 22: Journeys programming is designed to give students a break from technology and virtual learning by giving them hands-on learning enrichment in natural settings such as farms and parks. Camp EarthPact during the summer, and Earth School during the school year, are the branches of Teach 22 youth programming OSW is currently refining.
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 92% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 89
- Accountability: 95
- Sustainability: 23
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.2%; rating input score 99
- Program expense ratio: 89.2%; rating input score 89
- Fundraising efficiency: $394.96 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 16th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th 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: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -11.2%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 7.4%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: 31.4% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 29.1% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 32.1% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 99.2% of revenue deployed · 89.2% of spending went to programs
- Governance: 5 of 5 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $1.4M in reported program spending
- Leadership: top reported pay $62K · 7 people listed
- Consistency: 42 of 43 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 8 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 5 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.