We Are Life Charitable Foundation

Nonprofit profile at a glance

EIN
473103255
IRS 990 coverage
2015–2022
Forms available
Form 990 2022, Form 990-N 2015
Location
Stuart, FL, USA
Phone
7722832356
Rating confidence
Limited
Sector
International Relief

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$9,256

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • JONATHAN GRENZ (PRESIDENT)
  • JOSHUA PROCTOR (EXECUTIVE DIRECTOR)

People named in this filing

  • JONATHAN GRENZ (PRESIDENT)
  • GORDON PROCTOR (TREASURER)
  • ANA MILENA ZAPATA (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Make a major impact in the lives of people in latin america with an emphasis in colombia by providing them with resources for social compassion, health, education, entrepreneurship, and peacemaking in order to improve their quality of life in this life and the coming one.

What it reported doing in 2022

Local organizations in colombia and beyond are making progress in expanding christian witness and ministry, and in improving the life of poor and disadvantaged people through their innovative approaches and hard work. The foundation exists to improve quality of life and impact people's lives with the gospel by supporting such organizations and the communities they serve that are in great need yet have amazing potential to exceed expectations.the foundation AIDS these communities by providing funding and other support to exceptional and sustainable social and ministry work being done by local organizations, such as health clinics, church planting and evangelism ministries, and social service organizations serving vulnerable and at-risk groups, such as youth and the homeless ministries. The foundation gives special emphasis to projects in which local people and organizations have put in their own resources, funds, and/or effort, in order to demonstrate a sense of community ownership and maximize the impact of foundation grants.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 81
  • Accountability: 70
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -6.6% per year; rating input score 0; 37th percentile among comparable filings
  • Revenue growth: -53.3% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -41% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 8 of 8 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 10 of 11 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2015 to 2022
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.