Widow's Mite Experience Inc Colorado Chapter
Nonprofit profile at a glance
- EIN
- 800619125
- IRS 990-EZ coverage
- 2011–2017
- Forms available
- Form 990-EZ 2017
- Location
- Greenwood Village, CO, USA
- Phone
- 3037531959
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Family Services
Reported finances
- Revenue
- $67,340
- Expenses
- $69,865
- Assets
- $2,761
- Liabilities
- $715
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- LISA YURGLICH (VICE PRESIDENT)
- DIANNE NEWBERRY (PRESIDENT)
People named in this filing
- LISA YURGLICH (VICE PRESIDENT)
- DIANNE NEWBERRY (PRESIDENT)
- MARGIE STEPHENSON (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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A widow's mite experience, a non-profit organization dedicated to providing clean drinking water, is sharing the living water and the word of god with the nations. Since our inception in 2004, we have been privileged to raise hundreds of thousands of dollars enabling us to fund over 400 wells and water projects. Each year we hold an exquisite auction where we sell items donated by women who are giving their very best, the treasures of their heart.
What it reported doing in 2017
Raised funds for the drilling of water wells
Operating model
- Revenue model
- Donor-supported. 86% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and program spending 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: 17
- Transparency & Controls: 82
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 17.1%; rating input score 17
- Program expense ratio: 16.5%; rating input score 17
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3.7%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0.26; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 20.4% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 8.7% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 12.3% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 17.1% of revenue deployed · 16.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2011 to 2017
- 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 — Financial Efficiency: Mission deployment rate scored 17/100.
- High — Financial Efficiency: Program expense ratio scored 17/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.