World Ventures Inc
Nonprofit profile at a glance
- EIN
- 470881735
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Berne, IN, USA
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Development
Reported finances
- Revenue
- $62,521
- Expenses
- $50,425
- Assets
- $177,287
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- DR STEPHEN COATS (PRESIDENT)
- RYAN BONNER (VICE PRESIDENT)
People named in this filing
- DR STEPHEN COATS (PRESIDENT)
- RYAN BONNER (VICE PRESIDENT)
- KEVIN DAILEY (TREASURER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Community and economic development
What it reported doing in 2024
Loans forgiven and turned into grants in liberia kenya, zimbabwe and uganda for medical agricultural and small buiness purposes. Approximately 50 families involved.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 100
- Sustainability: 64
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59%; rating input score 59
- Program expense ratio: 72.7%; rating input score 73
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 19.3%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 3.52; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -21% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: -33.3% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: -11% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 59% of revenue deployed · 72.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $37K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.