Ver International
Nonprofit profile at a glance
- EIN
- 824952069
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2019
- Location
- Trussville, AL, USA
- Phone
- 2058126386
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $136,275
- Expenses
- $117,228
- Assets
- $122,041
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Kristen Bruce Martinez (Executive Director)
People named in this filing
- Kristen Bruce Martinez (Executive Director)
- Andrew Hill (Board Member)
- Andrea Collins (Board Member (Chair))
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 organization was formed for the purpose of poverty alleviation in rural communities of developing countries through initiatives in education, health, and hygiene, and entrepreneurship, as well as any other lawful purpose. The services provided through the organization are primarily in Honduras; however, as the organization continues to grow, the goal is to expand to other countries in Central America. The organization is organized exclusively for charitable, literary, educational, and religious purposes, including the making of qualifying distributions for exempt organizations under Section 501(c)(3).
What it reported doing in 2024
Educational Programs - As part of the back-to-school initiative to promote education among vulnerable families, 250 children received a backpack full of supplies and partial uniform to return to class with the materials they needed in February. Ten students, from elementary to university level, received monthly scholarships to assist them in their educational journeys. Six additional students received an education stipend, which was a designated amount used to cover school materials twice during the school year. In coordination with local volunteers, free tutoring sessions were offered to elementary students in the community during the school year. Pastors were trained in several Christian Community Outreach trainings. The community of Buena Vista was in need of an additional classroom and second teacher for their overcrowded schoolroom filled with 60 children. VER built an additional class room and paid for a teacher's aid to assist with students who had fallen behind academically. These 60 students each received a children's book at their reading level as part of the back-to-school drive. A community English language course was given to a group of adults.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 60
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 14%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 1.04; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 9.6%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: -2.8% per year; rating input score 0; 23rd percentile among comparable filings
- Revenue growth: 16.4% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 13.2% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 21/100.