We Believe Foundation Come Follow Me Foundation

Nonprofit profile at a glance

EIN
861809078
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-EZ 2021
Location
Holladay, UT, USA
Phone
2405157450
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Religious Media, Communications
Affiliation
Christianity

Reported finances

Revenue
$850,713
Expenses
$308,324
Assets
$1,423,567
Liabilities
$-657

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • SHEREE NIXON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • SHEREE NIXON (EXECUTIVE DIRECTOR): $24,244 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The come follow me foundation is a non-profit, member-created community to help members have meaningful gospel study every day.

What it reported doing in 2024

The creation of a phone application dedicated to creating modern tools and content that help members develop a lasting habit of daily scripture study that is meaningful, engaging, and doable for the entire family.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 92
  • Accountability: 63
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.1%; rating input score 38
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 63.8%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 4.62; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 7.9%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: 150% per year; rating input score 100; 100th percentile among comparable filings
  • Revenue growth: 52.9% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 71% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 38.1% of revenue deployed · 100% of spending went to programs
  • Governance: 19 of 19 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $308K in reported program spending
  • Leadership: top reported pay $24K · 20 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.