Caleb Corps INC FY2023 filing

Public charity (501(c)(3)) Gladstone, OR EIN 80-0492737 NTEE Q33
Revenue
$393K
▲ +37%
FY2023 · Pt VIII · Ln 12
Expenses
$361K
▲ +34%
FY2023 · Pt IX · Ln 25
Net assets
$154K
FY2023 · Pt X · Ln 32
To programs
91%
FY2023 · Pt IX · col B
Revenue & expenses by yearFY2021–FY2024
Revenue
$393K
FY2023▲ +37%
Expenses
$361K
FY2023▲ +34%

Trains Christians to serve communities and share God's love worldwide.

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Tax-deductible?
Yes
Per the IRS master file.
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Can I give now?
Yes — exemption reinstated (2012-05-15)
Per the IRS revocation list.
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Filing up to date?
Filed FY2024 (typical filing lag)
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Foundation funders?
1 funder — Donor Advised Charitable Giving INC
$7K in the latest grant year.
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Spent on programs?
91% to programs
Form 990 Part IX, latest filing.
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Size and trend
$100K–1M
↑ +37% vs prior year
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Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).


Trains Christians to serve communities and share God's love worldwide.

Type
Public charity (501(c)(3)) · International
Location
Gladstone, OR
Website
ultimatemission.org
Filings
4 on file (2021–2023)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Where the money goes · FY2023
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.08 Fundraising $0.00
Program efficiency
91%
of spending reaches programs
Operating runway
6.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+8%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$206K
FY2023▲ +67%
Total liabilities
$52K
FY2023▲ ×56
Revenue less expensesPt I · Ln 19$32K
Total assetsPt X · Ln 16$206K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CCaleb Corps INC
EINHdr · item D80-0492737
Principal addressHdr · item CGladstone, OR
WebsiteHdr · item Jultimatemission.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFJan 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b9
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$63,250Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Jim Reynolds’s $70K as Director is at the 63rd percentile of top reported officer pay among 1636 $100K–1M international 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Jim Reynolds$70,000$63,250$52,000$50,000

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.

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Mission & Programs · Part III

Where the work happens

3 program services account for $330K of program spending, described in the organization's own filed words · FY2023.
01

Ultimate Mission trains and equips indigenous women to train mothers how to prevent childhood illness and mortality in developing nations. We support 300 paid workers doing over 400,000 health visits a year as well as volunteers that do thousands more.

$320Kprogram expense
02

Our neighborhood connection program is training communities to survive the next disaster. This program is being used by churches and city administrators to build relationships between neighbors and provide a level of protection that comes with neighborhood awareness and connection.

$9Kprogram expense
03

Funds tools, supplies and literature as well as training volunteers to do blood pressure checks and general health awareness in public locations in their communities.

$1Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$390K · 99%
Other revenue$3K · 1%
Contributions & grants99%$390K
Other revenue1%$3K
Program service revenue$198
Total revenueLn 12$393K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.08 Fundraising $0.00
Program services91%$330K
Management & general8%$30K
Fundraising$1K
Total functional expensesLn 25$361K

Balance Sheet

Part X · end of year
CashLn 1$206K
Total assetsLn 16$206K
Total liabilitiesLn 26$52K
Total net assetsLn 32$154K
Months of cash on handcomputed6.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $206K · Operating expenses/yr $361K
6.8 months
Where the money goes
Program services
Program services $330K · Total expenses $361K
91%
Management & General
Management & general $30K · Total expenses $361K
8%
Fundraising
Fundraising $1K · Total expenses $361K
0.3%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $301K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $390K · Total revenue $393K
99%
Government reliance
Government grants $0 · Total revenue $393K
0%
Earned-income share
Program service revenue $198 · Total revenue $393K
0.05%
Investment reliance
Investment income $0 · Total revenue $393K
0%
Program self-sufficiency
Program service revenue $198 · Total expenses $361K
0.05%
Growth & trend
Revenue growth (YoY)
This year $393K · Prior year $288K
+37%
Net-asset trend (YoY)
End of year $154K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $393K · Expenses $361K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $206K
—
Net-asset ratio
Net assets $154K · Total assets $206K
75%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $206K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jim Reynolds · Reported title Director · Highest reported compensation $63K · Total expenses $361K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $89K · Total expenses $361K
25%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%——
Overhead ratio 8%——
Fundraising cost ratio 0.3%——
Revenue growth 37%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0.6%——
Fundraising fee ratio 0%——

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)$451K revenue · ⤓ 990 PDF
FY2023$393K revenue · viewing · ⤓ 990 PDF
FY2022$288K revenue · ⤓ 990 PDF
FY2021$227K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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