World Compassion Network INC FY2023 filing

Tax-deductible

Warsaw, IN501(c)(3)Human ServicesEIN 35-2157111

Assist the local church by responding globally to the needs of victims of disasters and poverty through disaster relief, mission trips and compassion projects.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$37K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $20K a year · 4% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$37K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $120K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$388K
-16% vs prior year
Spent
$445K
To programs
83%
Net assets
$505K
By yearFY2020–FY2024
Revenue
$388K
FY2023▼ -16%
Revenue by fiscal year
FY2020$467K
FY2021$482K
FY2022$460K
FY2023$388K
FY2024$418K
Expenses
$445K
FY2023▼ -3%
Expenses by fiscal year
FY2020$445K
FY2021$489K
FY2022$459K
FY2023$445K
FY2024$478K
Net assets
$505K
FY2023▼ -10%
Net assets by fiscal year
FY2020$567K
FY2021$561K
FY2022$562K
FY2023$505K
FY2024$414K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $368K Management & general 12% · $53K Fundraising 5% · $24K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990; $37K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$32,150Pt VII · Sec A
Founder
$5,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Greg Rauen’s $32K as Executive Di is at the 20th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Greg Rauen—$62,750——
Greg Rauen$32,150—$60,550$60,050
Joe Wilkey$5,000—$26,000$26,000
Joe Wilkey—$10,000——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See World Compassion Network INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Responds globally to disaster and poverty victims through relief, mission trips, and compassion projects.

Provided by the organization

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2 program services account for $368K of program spending, described in the organization's own filed words · FY2023.
01

Emergency support for domestic and international disaster relief, providing equipment and resources such as food, clothing and cleaning supplies to alleviate the suffering of victims of floods, tornados, war and other natural disasters.

$363Kprogram expense
02

Projects include providing food, clothing and other supplies to the poverty stricken in our local community.

$5Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$388K
Ln 12
Gifts and grantsLn 1h$383K
Investment incomeLn 3$5K
Money outPt IX
$445K
Ln 25
Programscol B$368K
Managementcol C$53K
Fundraisingcol D$24K
Owns and owesPt X
$505K
net assets · Ln 32
Cash and savingsLn 1–2$286K
Total assetsLn 16$505K
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$383K
Noncash giftsLn 1g$52K
Investment incomeLn 3$5K
Gains on assetsLn 7$5K
Total revenueLn 12$388K
Assets in detailPt X, end of year
CashLn 1$286K
Cash and savings togetherLn 1–2$286K
InvestmentsLn 11–13$171K
Land, buildings, equipmentLn 10c$34K
Total assetsLn 16$505K
LiabilitiesLn 26$0
Net assetsLn 32$505K
OperationsPt I, VI
EmployeesI 55
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$336K$286K
InvestmentsLn 11–13$171K$171K
Land, buildings, equipmentLn 10c$41K$34K
Total assetsLn 16$562K$505K
LiabilitiesLn 26$0$0
Net assetsLn 32$562K$505K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$233K$177K$34K$22K
Payroll taxesLn 10$14K$10K$2K$2K
Legal feesLn 11b$1K$654$540
Accounting feesLn 11c$1K$1K
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$5K$5K
OccupancyLn 16$13K$10K$3K
TravelLn 17$8K$6K$2K
Conferences, conventions and meetingsLn 19$235$235
Depreciation, depletion and amortizationLn 22$7K$7K
InsuranceLn 23$6K$3K$3K
Other expenses (24a–d)Ln 24$152K$150K$2K
Total functional expensesLn 25$445K$368K$53K$24K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $418K$478K−$59K$414K 990 PDF
FY2023 Viewing $388K$445K−$57K$505K 990 PDF
FY2022 $460K$459K$2K$562K 990 PDF
FY2021 $482K$489K−$7K$561K 990 PDF
FY2020 $467K$445K$22K$567K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $388,367 across 5 lines filed
VIII-1f All other contributions, gifts and grants$383,367
VIII-1g Noncash contributions (included above)$51,748
VIII-1h Total contributions, gifts and grants$383,367
VIII-7 Net gain or loss on sales of assetsRelated to mission $5,000$5,000
VIII-12 Total revenueRelated to mission $5,000$388,367
Part IX · Statement of functional expenses $445,362 across 12 lines filed
IX-7 Other salaries and wagesPrograms $176,668 · Management $33,625 · Fundraising $22,314$232,607
IX-10 Payroll taxesPrograms $10,427 · Management $1,903 · Fundraising $1,516$13,846
IX-11b Legal feesManagement $654 · Fundraising $540$1,194
IX-11c Accounting feesManagement $1,291$1,291
IX-12 Advertising and promotionPrograms $4,705$4,705
IX-13 Office expensesManagement $5,256$5,256
IX-16 OccupancyPrograms $10,043 · Management $3,347$13,390
IX-17 TravelPrograms $5,780 · Management $1,927$7,707
IX-19 Conferences, conventions and meetingsManagement $235$235
IX-22 Depreciation, depletion and amortizationPrograms $7,424$7,424
IX-23 InsurancePrograms $2,849 · Management $2,849$5,698
IX-24 Other expenses (24a–d)Programs $150,283 · Management $1,726$152,009
IX-25 Total functional expensesPrograms $368,179 · Management $52,813 · Fundraising $24,370$445,362
Part X · Balance sheet $505,248 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $335,993$286,218
X-8 Inventories for sale or useStart of year $14,320$14,320
X-10c Land, buildings and equipment, netStart of year $40,744$33,524
X-11 Publicly traded securitiesStart of year $171,186$171,186
X-16 Total assetsStart of year $562,243$505,248
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $562,243$505,248
X-32 Total net assets or fund balancesStart of year $562,243$505,248
X-33 Total liabilities and net assetsStart of year $562,243$505,248
Part XI · Reconciliation of net assets $505,248 net assets at year end
XI-1 Total revenue$388,367
XI-2 Total expenses$445,362
XI-3 Revenue less expenses−$56,995
XI-4 Net assets at start of year$562,243
XI-10 Net assets at end of year$505,248

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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