World Grace Project
Nonprofit profile at a glance
- EIN
- 822214679
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022, Form 990-N 2017
- Location
- Cedar Falls, IA, USA
- Phone
- 3194044997
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Family Counseling
Reported finances
- Revenue
- $221,727
- Expenses
- $250,937
- Assets
- $72,685
- Liabilities
- $-464
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- PAULA HILL (PRESIDENT)
Highest reported compensation
- KAREN EVERLING (COMMUNITY OUTREACH): $46,084 total reported compensation
- LEWIS EVERLING (COMMUNITY OUTREACH): $19,661 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
World grace project empowers indigenous leaders to resource, develop and integrate our refugee and immigrant communities toward self-sufficience in the cedar valley.
What it reported doing in 2024
Community outreach provides a support network to help newcomers find their way to various community resources including job and workforce support. 488 refugee/immigrant families were served in 2024. Newcomers were helped over 1,400 times in 2024 with interpretation, paperwork, phone calls, medical appointments, housing, workforce, and school registration.
Operating model
- Revenue model
- Grant-funded. 64% of the money available for current operations came from government grants.
- 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 a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 45
- Transparency & Controls: 92
- Accountability: 69
- Sustainability: 15
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.3%; rating input score 53
- Program expense ratio: 45.7%; rating input score 46
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -13.2%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 26.2%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 27.9% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 42.5% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 53.7% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 53.3% of revenue deployed · 45.7% of spending went to programs
- Governance: 7 of 7 board members independent · 2 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $115K in reported program spending
- Leadership: top reported pay $46K · 7 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 2 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.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- Moderate — Financial Efficiency: Program expense ratio scored 46/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Operating margin scored 19/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Sustainability: Officer compensation ratio scored 14/100.