We Raise Foundation FY2024 filing
Supports Christian organizations in developing programs that help people thrive. For fiscal year 2024 it reported $2.0M in revenue, $2.0M in expenses, and $11.5M in net assets.Pt I
- Type
- Religious organization · Religion
- Location
- Itasca, IL
- Website
- www.weraise.org
- Filings
- 6 on file (2020–2024)
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Summary of the Filing
Where the work happens
6 grants awarded to exempt organizations that work at the intersection of poverty, violence, and inequality in the United States and the direct expenses of internally funded and directed projects. The grant programs supported by We Raise Foundation served a total of 12,561 unique individuals between July 2023 and June 2024.
Expenses for the education, training and support of professionals and other leaders in the Christian community that are involved in designing or operating projects. We Raise Foundation resourced grant partners to attend several events throughout the year including educational convenings for grantees and workshops for leaders who are…
Expenses incurred for the review, evaluation, selection and awarding of project grants, and support for internally funded and directed projects. We Raise Foundation employed one full time staff member and invested in the technology and supplies needed to vet 31 grant proposals received during the year, awarded 6 new grants, and…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Paul Miles’s $233K as President is at the 93rd percentile of top reported officer pay among 1637 $1–10M 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 · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Paul C Miles | — | — | — | $258,822 | $286,465 | $281,189 |
| Paul Miles | — | $233,710 | $221,213 | — | — | — |
| Paul Miles | $233,052 | — | — | — | — | — |
| Heather Klein Olson | — | — | — | — | — | $124,452 |
| Shannon Durio | $117,088 | — | — | — | — | — |
| Anne Schoenherr Turner | — | $108,454 | $110,833 | $105,310 | $102,435 | — |
| Anne Schoenherr Turner | $106,988 | — | — | — | — | — |
| Shannon Durio | — | $55,066 | — | — | — | — |
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
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 | 60% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 38% | — | — |
| Revenue growth | 75% | — | — |
| Investment management fee ratio | 0.3% | — | — |
| Legal fee ratio | 0.6% | — | — |
| Accounting fee ratio | 2% | — | — |
| Fundraising fee ratio | 6% | — | — |
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
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Filings & Schedule Manifest
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Sources
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