Last Nations EIN 81-2168847

Last Nations

EIN  81-2168847 Public charity (501(c)(3)) Tulsa, OK Founded 2016
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Size
$100K–1M
What they do
Equips missionaries to share Christ's salvation and plant churches globally.
Leadership
David McVay · President
Money in and out
$337K revenue, $132K expenses
Bottom line
96% program efficiency

Equips missionaries to share Christ's salvation and plant churches globally. For fiscal year 2025 it reported $337K in revenue, $132K in expenses, and $754K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$337K
Pt VIII · Ln 12
Total expenses
$132K
Pt IX · Ln 25
Net assets
$754K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $204K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.01 Fundraising $0.03
Program efficiency
96%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
68.4mo
months of highly liquid reserves at operating expense rate▼ -64% vs prior filing year
Surplus margin
+61%
revenue over expenses, this year▼ -31% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$337K
FY2025▲ +23%
Expenses
$132K
FY2025▲ +285%
Total assets
$754K
FY2025▲ +37%
Total liabilities
$0
FY2025
Total revenue
$337K
Pt VIII · Ln 12
Total expenses
$132K
Pt IX · Ln 25
Net assets
$754K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$204K
Total assetsPt X · Ln 16$754K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $117K of program spending, described in the organization's own filed words · FY2025.
01

Kairos Crisis Response is a program which started in 2024 that is based in a major city in the Middle East and then responds to disasters and crises around the world. In 2024 it launched the Kairos Director to the major city who is actively sharing the gospel in that city in between the international trips.

$77Kprogram expense
02

Backpack Clinic is a missionary team which works in the Middle East to provide simple healthcare to those without the gospel. This group of missionaries learned Arabic and provided healthcare for multiple people in need of the gospel.

$30Kprogram expense
03

Priority 15 Program (www.priority15.org) mobilizes missionaries to go to unreached peoples by holding a Yearly Gathering in the Spring where 200-300 people travel from around the country and world to pray and learn and network. The 2025 Gathering was held in Wichita, KS.

$10Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLast Nations
EINHdr · item D81-2168847
Principal addressHdr · item CTulsa, OK
WebsiteHdr · item Jwww.lastnations.org
Year of formationHdr · item L2016
State of legal domicileHdr · item MOK
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFMar 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$257K · 76%
Investment income$80K · 24%
Contributions & grants76%$257K
Investment income24%$80K
Total revenueLn 12$337K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.01 Fundraising $0.03
Program services96%$126K
Management & general1%$2K
Fundraising3%$4K
Total functional expensesLn 25$132K

Balance Sheet

Part X · end of year
CashLn 1$37K
Total assetsLn 16$754K
Total liabilitiesLn 26$0
Total net assetsLn 32$754K
Months of cash on handcomputed3.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $754K · Operating expenses/yr $132K
68.4 months
Where the money goes
Program services
Program services $126K · Total expenses $132K
96%
Management & General
Management & general $2K · Total expenses $132K
1%
Fundraising
Fundraising $4K · Total expenses $132K
3%
Cost to raise $1
Fundraising expense (2-yr avg) $3K · Solicited contributions (2-yr avg) $237K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $257K · Total revenue $337K
76%
Government reliance
Government grants $0 · Total revenue $337K
0%
Earned-income share
Program service revenue $0 · Total revenue $337K
0%
Investment reliance
Investment income $80K · Total revenue $337K
+24%
Program self-sufficiency
Program service revenue $0 · Total expenses $132K
0%
Growth & trend
Revenue growth (YoY)
This year $337K · Prior year $275K
+23%
Net-asset trend (YoY)
End of year $754K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $337K · Expenses $132K
+61%
Liabilities-to-Assets
Total liabilities — · Total assets $754K
Net-asset ratio
Net assets $754K · Total assets $754K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $716K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $754K
95%
People & payroll
Highest Reported Total Compensation
Individual David McVay · Reported title President · Highest reported compensation $0 · Total expenses $132K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $132K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 1%
Fundraising cost ratio 2%
Revenue growth 23%

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 · this organization's grantmaking
Grants paid · 1 grant · $21K · 2024–2024
Unitemized GrantFY2024$20,777

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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
FY2025 (Latest)$337K revenue · viewing · ⤓ 990 PDF
FY2024$275K revenue · ⤓ 990 PDF
FY2023$61K revenue · ⤓ 990 PDF
FY2022$155K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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