We Believe Foundation Inc
Nonprofit profile at a glance
- EIN
- 262241648
- IRS 990-EZ coverage
- 2010–2014
- Forms available
- Form 990-EZ 2014, Form 990-N 2009
- Location
- Bowie, MD, USA
- Phone
- 3016414283
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Cancer
Reported finances
- Revenue
- $14,920
- Expenses
- $34,197
- Assets
- $38,659
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Sarah Miller (President)
- David Bowering (Vice President)
People named in this filing
- Sarah Miller (President)
- David Bowering (Vice President)
- Jane Kotowski (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-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To raise awareness about adolescent and young adult cancers and provides financial assistance to this group battling cancer through to survivorship.
What it reported doing in 2014
Grants for medical and non-medical expenses for individuals battling cancer totaled $16,888 this year.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 74% of its reported program spending out as grants.
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 revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 82
- Sustainability: 33
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 66.5%; rating input score 67
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -129.2%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 1.13; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 45.3% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: -8.3% per year; rating input score 0; 33rd percentile among comparable filings
- Asset growth: 14.8% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 66.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $23K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2010 to 2014
- 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 — Sustainability: Operating margin scored 6/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.