World Neighbors Inc
Nonprofit profile at a glance
- EIN
- 730707328
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Oklahoma City, OK, USA
- Phone
- 4057529700
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Development
Reported finances
- Revenue
- $4,957,266
- Expenses
- $4,434,371
- Assets
- $18,308,691
- Liabilities
- $483,574
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- KATE SCHECTER PHD (President & CEO)
Highest reported compensation
- KATE SCHECTER PHD (President & CEO): $246,649 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 neighbors inspires people and strengthens communities to find lasting solutions to hunger, poverty and disease, and to promote a healthy environment.
What it reported doing in 2024
Program service accomplishments include international programs, public education, overseas program services and program familiarization.our ratio of program/administrative expenses is approximately 89%/11%. There are a number of realities that lead world neighbors to this program/administrative ratio: 1)we rely on numerous small, individual donors and foundations for our financial support and require more time by staff to support these relationships. This has allowed us to develop our unique and highly successful program methodology that is not driven by any one person's or organization's agenda. 2) our programs are undertaken by thousands of community volunteers who implement projects for themselves. These efforts are not reflected in dollars, thus keeping our program costs low. We also do not construct buildings or provide other equipment or facilities - costs that typically boost program costs to higher levels.
Operating model
- Revenue model
- Donor-supported. 63% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 65% for direct work, and 35% 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 most voting board members are independent. The filing does not identify recipients for some grant dollars and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 59
- Accountability: 100
- Sustainability: 68
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.9%; rating input score 84
- Program expense ratio: 86.5%; rating input score 87
- Fundraising efficiency: $12.86 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings
Transparency & Controls
- Consistency checks: 87.5%; rating input score 88; 2nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: 3 of 8 controls in place; rating input score 38
- Claims monitoring procedures: Pass
- Requires narrative reports: Pass
- Conducts field audits: Pass
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 0%; rating input score 0; 6th percentile among comparable filings
- 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: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.5%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 4.13; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 5.6%; rating input score 50; 50th percentile among comparable filings
Growth
- Program expense growth: 3.5% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 83.9% of revenue deployed · 86.5% of spending went to programs
- Governance: 13 of 13 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $3.8M in reported program spending
- Leadership: top reported pay $247K · 17 people listed · 4 of 6 pay-setting controls reported
- Consistency: 30 of 32 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Transparency & Controls: Grant itemization coverage scored 0/100.
- Moderate — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 50/100.