Is it real?
Yes. Exemption reinstated (2015-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Feb 2017.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
67 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
5 people listed on the 990; $54K paid to officers and key staff (Part VII, Section A).
Marian Spisak’s $54K as Chairman is at the 2nd percentile of top reported officer pay among 224 $10–100M religion 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 · 3 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2021 |
|---|---|---|---|
| Marian Spisak | $53,942 | $50,000 | $54,000 |
| Chunmei Fu | $30,000 | $25,000 | — |
| David Chang | $19,600 | — | — |
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 Olivet Assembly INC executive salaries →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
Unites churches for religious purposes and community outreach.
Questions for World Olivet Assembly INC
Your first name shows with your question. World Olivet Assembly INC answers here, for everyone.
Continued the expansion and maintenance of the church and missionary network. New churches in acquired with a focus on reviving and developing mission in Latin American nations. New missionaries were raised and trained from the region. Several other missionaries were also dispatched for mission in Europe and Asia.
Retreats, services and seminars were held throughout the year with a focus on teaching the core biblical principles and raising bible teachers.
Various ministries in design, business, education, family, healing humanitarian, information technology, justice, media, medical, music, and youth were supported. The ministries brought the diverse interest existing in the world for the use of God's purpose and benefit thepeople within the community where they are situated.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $941K | $1.1M |
| InvestmentsLn 11–13 | $0 | |
| Land, buildings, equipmentLn 10c | $43.6M | $55.2M |
| Total assetsLn 16 | $64.6M | $79.4M |
| LiabilitiesLn 26 | $25.8M | $35.1M |
| Net assetsLn 32 | $38.8M | $44.3M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $3.7M | $3.7M | ||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $2.9M | $2.9M | ||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $62K | $62K | ||
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $417K | $273K | $96K | $48K |
| Pension plan contributionsLn 8 | $0 | |||
| Other employee benefitsLn 9 | $50K | $35K | $10K | $5K |
| Payroll taxesLn 10 | $0 | |||
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $359K | $359K | ||
| Accounting feesLn 11c | $0 | |||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $1.1M | $715K | $352K | |
| Advertising and promotionLn 12 | $64K | $64K | ||
| Office expensesLn 13 | $0 | |||
| Information technologyLn 14 | $30K | $21K | $7K | $1K |
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $82K | $61K | $16K | $4K |
| TravelLn 17 | $291K | $204K | $58K | $29K |
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $682K | $682K | ||
| InterestLn 20 | $2.1M | $2.1M | ||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $908K | $635K | $182K | $91K |
| InsuranceLn 23 | $245K | $245K | ||
| Other expenses (24a–d)Ln 24 | $839K | $106K | $716K | $18K |
| All other expensesLn 24e | $584K | $225K | $341K | $18K |
| Total functional expensesLn 25 | $14.4M | $9.6M | $4.5M | $214K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Jun 15, 2026 | $14.0M | $12.3M | $1.7M | $47.5M | 990 PDF |
| FY2023Filed with the IRS Dec 15, 2023 | $17.2M | $14.5M | $2.7M | $49.5M | 990 PDF |
| FY2022 | Not on file | ||||
| FY2021 ViewingFiled with the IRS Dec 16, 2021 | $19.9M | $14.4M | $5.5M | $44.3M | 990 PDF |
Schedules filed Part IV
See the full FY2021 990
Part I · Summary $19,940,573 revenue, 12 lines filed
Part VI · Governance 3 of 3 board members independent, 4 to look at
Part VIII · Statement of revenue $19,940,573 across 10 lines filed
Part IX · Statement of functional expenses $14,398,475 across 31 lines filed
Part X · Balance sheet $79,385,936 assets, 25 lines filed
Part XI · Reconciliation of net assets $44,320,175 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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