World Grace Project FY2023 filing
Empowers refugee and immigrant leaders to build self-sufficient communities. For fiscal year 2023 it reported $173K in revenue, $281K in expenses, and $44K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Human Services
- Location
- Cedar Falls, IA
- Website
- www.worldgraceproject.org
- Filings
- 4 on file (2021–2023)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Karen Everling’s $46K as Community Outreach is at the 34th percentile of top reported officer pay among 2165 $100K–1M human services 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 · 2 named individuals · Part VII
| Name | FY2024 | FY2023 |
|---|---|---|
| Karen Everling | $46,084 | $55,700 |
| Lewis Everling | $19,661 | $5,583 |
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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Where the work happens
Community outreach provides a support network to help newcomers find their way to various community resources including job and workforce support. Over 200 REFUGEE/IMMIGRANT families were served in 2023.
The supportive housing program helps newcomers understand more about leases, renting, applicances and general maintenance of housing in america through in home education visits. The organization acquired a 3-UNIT transition home and housed 47 individuals in 2023.
The workforce development and hydroponics program creates an opportunity for individuals to learn about the CNC and production through an online social enterprise.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 31% | — | — |
| Overhead ratio | 69% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 12% | — | — |
| Legal fee ratio | 0.02% | — | — |
| Accounting fee ratio | 0.4% | — | — |
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.
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