Widows Might Ministries International Inc
Nonprofit profile at a glance
- EIN
- 271206671
- IRS 990-EZ coverage
- 2021–2022
- Forms available
- Form 990-EZ 2022
- Location
- Lake Orion, MI, USA
- Phone
- 2489611300
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Development
Reported finances
- Revenue
- $142,272
- Expenses
- $123,772
- Assets
- $74,073
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Linda Hostetter (President)
People named in this filing
- Linda Hostetter (President)
- Ralph Thompson (Treasurer)
- Aaron Mora (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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To engage in charitable and religious activities within the requirements of Section 501 (c)(3) of the Internal Revenue Code or the corresponding section of any future federal tax Code consisting of assisting and developing ministries for widows that focus on their physical, spirutual and emotional needs.
What it reported doing in 2022
The Widow's Skills Acquisition Center in Asaba, Delta State, Nigeria continued to provide training for more widows in 2022. Even though the Pandemic of Covid-19 had reduced the center's ability to reach additional widows, three classes of women graduated from the training program and received necessary equipment to begin their own businesses in the surrounding villages andtowns. The water purification system and the bread making business continue to be considered some of the best products in Asaba and help sustain the operation of the facility. Pastor and Mrs. Agwaniru work steadily to bring hope to thousands of widows who are touched byWidow's Might Ministry annually. The yearly Christmas celebration saw two thousand widows fed and blessed on December 20th. Due to travel restrictions imposed by the Nigerian government, Linda Hostetter was not able to travel to this location. All communication took place via Zoom and WhatsApp video messaging.
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 70% 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. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 100
- Sustainability: 58
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.4%; rating input score 77
- Program expense ratio: 89%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 13%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: -35.2% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 34.9% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 28.5% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 77.4% of revenue deployed · 89% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $110K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2021 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.