Why Not Bless INC FY2022 filing

Religious organization Aledo, TX EIN 83-1226987 NTEE X12
Revenue
$489K
▲ +7%
FY2022 · Pt VIII · Ln 12
Expenses
$485K
▲ +53%
FY2022 · Pt IX · Ln 25
Net assets
$318K
FY2022 · Pt X · Ln 32
To programs
93%
FY2022 · Pt IX · col B
Revenue & expenses by yearFY2020–FY2024
Revenue
$489K
FY2022▲ +7%
Expenses
$485K
FY2022▲ +53%

Inspires and enables people to share kindness and generosity.

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Tax-deductible?
Yes
Per the IRS master file.
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Can I give now?
No revocation on IRS record
Not on 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 — Natl Christian Charitable Fdn INC
$17K in the latest grant year.
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Spent on programs?
93% to programs
Form 990 Part IX, latest filing.
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Size and trend
$100K–1M
↑ +7% vs prior year
Details →

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).


Inspires and enables people to share kindness and generosity.

Type
Religious organization · Religion
Location
Aledo, TX
Website
whynotbless.com
Filings
5 on file (2020–2022)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Where the money goes · FY2022
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07 Fundraising $0.00
Program efficiency
93%
of spending reaches programs
Operating runway
7.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+1.0%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$384K
FY2022▲ +22%
Total liabilities
$65K
FY2022
Revenue less expensesPt I · Ln 19$5K
Total assetsPt X · Ln 16$384K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CWhy Not Bless INC
EINHdr · item D83-1226987
Principal addressHdr · item CAledo, TX
WebsiteHdr · item Jwhynotbless.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X12)
Ruling yearIRS BMFApr 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b2
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/Di
$113,639Pt VII · Sec A
Secretary/Di
$10,000Pt VII · Sec A
$0Pt VII · Sec A
Vice Pres/Di
$0Pt VII · Sec A
Treasurer/Di
$0Pt VII · Sec A

Randy Weeaks’s $36K as President/Di is at the 36th percentile of top reported officer pay among 2133 $100K–1M religion 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Eric Mehringer—$122,283———
Randy Weeaks$36,300$76,357$113,639$17,435$30,143
Heath Marion——$10,000——

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

1 program service account for $451K of program spending, described in the organization's own filed words · FY2022.
01

Why not bless promotes the value of generous living through vehicle assistance, financial assistance, benevolence programs, and through encouragement sessions. The organization seeks to be an outreach to the community with food, clothing, personal hygiene items, assistance with medical care and everyday necessities.

$451Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$489K
Total revenueLn 12$489K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07 Fundraising $0.00
Program services93%$451K
Management & general7%$33K
Fundraising$169
Total functional expensesLn 25$485K

Balance Sheet

Part X · end of year
CashLn 1$302K
Total assetsLn 16$384K
Total liabilitiesLn 26$65K
Total net assetsLn 32$318K
Months of cash on handcomputed7.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $302K · Operating expenses/yr $485K
7.5 months
Where the money goes
Program services
Program services $451K · Total expenses $485K
93%
Management & General
Management & general $33K · Total expenses $485K
7%
Fundraising
Fundraising $169 · Total expenses $485K
0.03%
Cost to raise $1
Fundraising expense (3-yr avg) $244 · Solicited contributions (3-yr avg) $442K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $489K · Total revenue $489K
100%
Government reliance
Government grants — · Total revenue $489K
—
Earned-income share
Program service revenue $0 · Total revenue $489K
0%
Investment reliance
Investment income $0 · Total revenue $489K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $485K
0%
Growth & trend
Revenue growth (YoY)
This year $489K · Prior year $457K
+7%
Net-asset trend (YoY)
End of year $318K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $489K · Expenses $485K
+1.0%
Liabilities-to-Assets
Total liabilities — · Total assets $384K
—
Net-asset ratio
Net assets $318K · Total assets $384K
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $384K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Randy Weeaks · Reported title PRESIDENT/DI · Highest reported compensation $114K · Total expenses $485K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $143K · Total expenses $485K
30%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%——
Overhead ratio 7%——
Fundraising cost ratio 0.03%——
Revenue growth 7%——
Accounting fee ratio 2%——

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 · FY2023
Total grants receivedfrom 1 funder$17K
Grants paid · 18 grants · $347K · 2020–2024
Unitemized GrantFY2024$26,050
Unitemized GrantFY2024$3,500
Unitemized GrantFY2023$61,692
Charis Center INCOK · FY2023$11,000
Heathers HopeOK · FY2023$10,000
A Time to ReviveTX · FY2023$10,000
Unitemized GrantFY2023$3,500
Unitemized GrantFY2023$2,100
Unitemized GrantFY2022$73,563
Charis Center INCOK · FY2022$21,000
Every Nations Churches INCNY · FY2022$10,000
Unitemized GrantFY2022$5,000
Unitemized GrantFY2021$52,350
Unitemized GrantFY2021$3,032
Unitemized GrantFY2021$1,000
Unitemized GrantFY2020$50,003
Restoration CenterTX · FY2020$3,000
Unitemized GrantFY2020$56

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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)$514K revenue · ⤓ 990 PDF
FY2023$605K revenue · ⤓ 990 PDF
FY2022$489K revenue · viewing · ⤓ 990 PDF
FY2021$457K revenue · ⤓ 990 PDF
FY2020$381K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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