Small World INC EIN 58-1661474

Small World INC

EIN  58-1661474 Public charity (501(c)(3)) Mount Juliet, TN
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides adoption, maternity, and foster care services, plus family ministries, from birth through life.
Leadership
Jimbo Savley · President · $75K
Money in and out
$273K revenue, $506K expenses
Bottom line
72% program efficiency

Provides adoption, maternity, and foster care services, plus family ministries, from birth through life. For fiscal year 2024 it reported $273K in revenue, $506K in expenses, and $90K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$273K
Pt VIII · Ln 12
Total expenses
$506K
Pt IX · Ln 25
Net assets
$90K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$233K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.28
Program efficiency
72%
of spending reaches programs▼ -6% vs prior filing year
Operating runway
2.4mo
months of highly liquid reserves at operating expense rate▼ -54% vs prior filing year
Surplus margin
-85%
revenue over expenses, this year▼ -985% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$273K
FY2024▼ -65%
Expenses
$506K
FY2024▼ -27%
Total assets
$137K
FY2024▼ -61%
Total liabilities
$47K
FY2024▲ +31%
Total revenue
$273K
Pt VIII · Ln 12
Total expenses
$506K
Pt IX · Ln 25
Net assets
$90K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$233K
Total assetsPt X · Ln 16$137K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $364K of program spending, described in the organization's own filed words · FY2023.
01

Small world has established adoption programs in 11 different countries and provides humanitarian aid to orphans across the globe.

$364Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSmall World INC
EINHdr · item D58-1661474
Principal addressHdr · item CMount Juliet, TN
WebsiteHdr · item Jwww.smallworldadoption.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMay 1986

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b5
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President
$74,996Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2021FY2020
Jimbo Savley$74,996$74,480$75,912$74,480

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.

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Statement of Revenue

Part VIII
Program service revenue$175K · 64%
Contributions & grants$90K · 33%
Investment income$8K · 3%
Program service revenue64%$175K
Contributions & grants33%$90K
Investment income3%$8K
Total revenueLn 12$273K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.28
Program services72%$364K
Management & general28%$142K
Total functional expensesLn 25$506K

Balance Sheet

Part X · end of year
CashLn 1$102K
Total assetsLn 16$137K
Total liabilitiesLn 26$47K
Total net assetsLn 32$90K
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $102K · Operating expenses (Pt IX) $506K · Less non-cash grants $5K · Cash operating expenses/yr $501K
2.4 months
Where the money goes
Program services
Program services $364K · Total expenses $506K
72%
Management & General
Management & general $142K · Total expenses $506K
28%
Fundraising
Fundraising $0 · Total expenses $506K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $125 · Solicited contributions (3-yr avg) $98K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $90K · Total revenue $273K
33%
Government reliance
Government grants — · Total revenue $273K
Earned-income share
Program service revenue $175K · Total revenue $273K
64%
Investment reliance
Investment income $8K · Total revenue $273K
+3%
Program self-sufficiency
Program service revenue $175K · Total expenses $506K
35%
Growth & trend
Revenue growth (YoY)
This year $273K · Prior year $770K
-65%
Revenue CAGR
FY2019 $1.1M · FY2023 $273K
-30%
Net-asset trend (YoY)
End of year $90K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $273K · Expenses $506K
-85%
Liabilities-to-Assets
Total liabilities — · Total assets $137K
Net-asset ratio
Net assets $90K · Total assets $137K
66%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $137K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jimbo Savley · Reported title PRESIDENT · Highest reported compensation $75K · Total expenses $506K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $260K · Total expenses $506K
51%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 28%
Fundraising cost ratio 0%
Revenue growth -65%
Accounting fee ratio 4%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$7K

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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)$273K revenue · viewing · ⤓ 990 PDF
FY2023$770K revenue · ⤓ 990 PDF
FY2022$776K revenue · ⤓ 990 PDF
FY2021$947K revenue · ⤓ 990 PDF
FY2020$1.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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