Videre Inc
Nonprofit profile at a glance
- EIN
- 262782874
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2023
- Location
- Bartonville, TX, USA
- Phone
- 8776787323
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Economic Development
- Affiliation
- Christianity
Reported finances
- Revenue
- $196,896
- Expenses
- $218,505
- Assets
- $216,714
- Liabilities
- $10,346
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Brian Walck (President)
People named in this filing
- Brian Walck (President)
- Ben Chatraw (Director)
- Tyler Self (Director)
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
Empowering Indigenous Church Planters through business and medicine.
What it reported doing in 2024
To fight spiritual and physical poverty by equipping the world's poor to build Gospel-centered businesses where.1) People are discipled within a business context to live and share Jesus Christ 2) People are empowered as entrepreneurs to provide for their own needs and the needs of others.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 73% for direct work, and 27% for grants.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 100
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80%; rating input score 80
- Program expense ratio: 72.1%; rating input score 72
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: -11%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.99; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6.1% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 1.5% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 57th percentile among comparable filings
Details
- Where the money goes: 80% of revenue deployed · 72.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $158K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Sustainability: Operating margin scored 14/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.