Wonderwork Inc

Nonprofit profile at a glance

EIN
274159217
IRS 990 coverage
2012–2014
Forms available
Form 990 2014
Location
New York, NY, USA
Phone
2127291855
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Surgery Specialties

Official website

Reported finances

Revenue
$14,652,590
Expenses
$12,294,351
Assets
$14,545,082
Liabilities
$9,836,110

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • BRIAN MULLANEY (CO-FOUNDER, PRESIDENT & CEO)

Highest reported compensation

  • BRIAN MULLANEY (CO-FOUNDER, PRESIDENT & CEO): $518,682 total reported compensation
  • HANA FUCHS (CHIEF FINANCIAL OFFICER): $225,569 total reported compensation
  • DELOIS GREENWOOD (SENIOR ADVISOR GLOBAL PROGRAMS): $195,813 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide treatment, surgery, and related assistance to children and adults everywhere, including those in developing countries, suffering from disease, illness, or disability. For more information, see schedule o.

What it reported doing in 2014

Wonderwork empowers and partners with local surgeons, hospitals, and charitable organizations engaged in the delivery of life-changing surgery and related care by providing training and education, financial support and equipment. Wonderwork also educates doctors and raises public awareness on needed surgical care and related treatment for underserved populations with disabilities.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 78% for direct work, and 22% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 70
  • Accountability: 85
  • Sustainability: 58
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.1%; rating input score 70
  • Program expense ratio: 72%; rating input score 72
  • Fundraising efficiency: $4.31 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 0 of 8 controls in place; rating input score 0
    • Claims monitoring procedures: Fail
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 99.8%; rating input score 100; 36th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 15th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 16.1%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 1.18; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.68; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 10.5%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 11.7% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 29.6% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 24.2% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 70.1% of revenue deployed · 72% of spending went to programs
  • Governance: 3 of 4 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $8.9M in reported program spending
  • Leadership: top reported pay $519K · 8 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $583K reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 9 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 3 filing years from 2012 to 2014
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • 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 — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 23/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.