Divine Will Foundation EIN 46-3820097 Form 990 (PDF) Claim this org

Divine Will Foundation FY2021 filing

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Supports global projects ending human suffering cycles. For fiscal year 2021 it reported $5.6M in revenue, $8.2M in expenses, and $3.8M in net assets.Pt I

Founded
2013
Type
Public charity (501(c)(3)) · International
Location
Encinitas, CA
Website
divinewillfoundation.com
Filings
5 on file (2020–2021)
Revenue
$5.6MFY2021
Expenses
$8.2M
Net assets
$3.8M
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-3820097 Public charity (501(c)(3)) Encinitas, CA Founded 2013
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/14/26 · see original: IRS
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Size
$1–10M
What they do
Supports global projects ending human suffering cycles.
Leadership
David Cornsweet · President
Money in and out
$5.6M revenue, $8.2M expenses
Bottom line
49% program efficiency
Where the money goes · FY2021
Total revenue
$5.6M
Pt VIII · Ln 12
Total expenses
$8.2M
Pt IX · Ln 25
Net assets
$3.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2.7M
Where spending went · Part IX cols B–D
Program services $0.49 Management & general $0.51
Program efficiency
49%
of spending reaches programs
Operating runway
0.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-48%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$5.6M
FY2021▲ +213%
Expenses
$8.2M
FY2021▲ +346%
Total assets
$5.6M
FY2021▼ -33%
Total liabilities
$1.9M
FY2021▼ -5%
Total revenue
$5.6M
Pt VIII · Ln 12
Total expenses
$8.2M
Pt IX · Ln 25
Net assets
$3.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2.7M
Total assetsPt X · Ln 16$5.6M
Program-expense ratioPt IX · col B49%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $3.2M of program spending, described in the organization's own filed words · FY2021.
01

Prashanti balamandir trust non profit in india that provides free schools in rurual india. Funds sent were for the schools, students and water drinking projects.

$3.0Mprogram expense
02

Sri sathya sai health and education trust non profit in india that provides free hospitals to the poor. We sent money over to support the hospitals.

$120Kprogram expense
03

Sai Prema Foundation Fiji is a Non-Government Organisation NGO founded to serve the poor and underprivileged people of Fiji through Medicare, Educare and Sociocare initiatives.

$66Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDivine Will Foundation
EINHdr · item D46-3820097
Principal addressHdr · item CEncinitas, CA
WebsiteHdr · item Jdivinewillfoundation.com
Year of formationHdr · item L2013
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q30)
Ruling yearIRS BMFNov 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Divine Will Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$5.4M · 98%
Investment income$112K · 2%
Contributions & grants98%$5.4M
Investment income2%$112K
Other revenue$6K
Total revenueLn 12$5.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.49 Management & general $0.51
Program services49%$4.1M
Management & general51%$4.2M
Total functional expensesLn 25$8.2M

Balance Sheet

Part X · end of year
CashLn 1$634K
Total assetsLn 16$5.6M
Total liabilitiesLn 26$1.9M
Total net assetsLn 32$3.8M
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $634K · Operating expenses/yr $8.2M
0.9 months
Where the money goes
Program services
Program services $4.1M · Total expenses $8.2M
49%
Management & General
Management & general $4.2M · Total expenses $8.2M
51%
Fundraising
Fundraising $0 · Total expenses $8.2M
0%
Cost to raise $1
Fundraising expense (2-yr avg) $4K · Solicited contributions (2-yr avg) $3.6M
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $5.4M · Total revenue $5.6M
98%
Government reliance
Government grants — · Total revenue $5.6M
Earned-income share
Program service revenue $0 · Total revenue $5.6M
0%
Investment reliance
Investment income $112K · Total revenue $5.6M
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $8.2M
0%
Growth & trend
Revenue growth (YoY)
This year $5.6M · Prior year $1.8M
+213%
Net-asset trend (YoY)
End of year $3.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $5.6M · Expenses $8.2M
-48%
Liabilities-to-Assets
Total liabilities — · Total assets $5.6M
Net-asset ratio
Net assets $3.8M · Total assets $5.6M
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Cornsweet · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $8.2M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $8.2M
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 49%
Overhead ratio 51%
Fundraising cost ratio 0%
Revenue growth 213%
Investment management fee ratio 0%
Legal fee ratio 0.02%
Accounting fee ratio 0.1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$120K
Grants paid · 7 grants · $438K · 2020–2024
Northwest Mississippi Regional Medical CenterFY2024$259,500
Unitemized GrantFY2024$108,070
Sai Global MissionCA · FY2022$5,000
Unitemized GrantFY2021$16,794
Sai Global MissionCA · FY2021$3,000
Unitemized GrantFY2020$38,420
Sai Global MissionCA · FY2020$6,915

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$8.9M revenue · ⤓ 990 PDF
FY2023$8.8M revenue · ⤓ 990 PDF
FY2022$8.0M revenue · ⤓ 990 PDF
FY2021$5.6M revenue · viewing · ⤓ 990 PDF
FY2020$1.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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