Civic Intelligence

Zoe Empowers

990 • Fiscal year 2017 • EIN 45-4671349

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 31, 2018

700 Waterfield Ridge PlGarner, NC 27529

(919) 414-4167

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

8th percentile

0.00x

Higher debt load relative to revenue than 8% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

71st percentile

13%

Higher net margin than 71% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

31st percentile

$80,746

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

39th percentile

1.2%

Faster revenue growth than 39% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$5,287,505

Up $518,450 (+11%) from 2016

Net Assets

Up

$5,279,296

Up $521,444 (+11%) from 2016

Liabilities

Down

$8,209

Down $2,994 (-27%) from 2016

Revenue

Up

$4,379,692

Up $50,424 (+1.2%) from 2016

Expenses

Up

$3,804,750

Up $284,908 (+8.1%) from 2016

Net Income

Down

$574,942

Down $234,484 (-29%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2013: $2,467,895Liabilities 2013: $0Net Assets 2013: $2,467,8952013Assets 2014: $2,776,044Liabilities 2014: $9,919Net Assets 2014: $2,766,1252014Assets 2015: $3,957,481Liabilities 2015: $15,825Net Assets 2015: $3,941,6562015Assets 2016: $4,769,055Liabilities 2016: $11,203Net Assets 2016: $4,757,8522016Assets 2017: $5,287,505Liabilities 2017: $8,209Net Assets 2017: $5,279,2962017Assets 2018: $6,149,189Liabilities 2018: $22,796Net Assets 2018: $6,126,3932018Assets 2019: $6,528,348Liabilities 2019: $39,712Net Assets 2019: $6,488,6362019Assets 2020: $6,637,017Liabilities 2020: $35,134Net Assets 2020: $6,601,8832020Assets 2021: $7,648,679Liabilities 2021: $25,653Net Assets 2021: $7,623,0262021Assets 2022: $8,187,340Liabilities 2022: $20,037Net Assets 2022: $8,167,3032022Assets 2023: $8,985,527Liabilities 2023: $44,023Net Assets 2023: $8,941,5042023Assets 2024: $9,429,879Liabilities 2024: $13,832Net Assets 2024: $9,416,0472024

Highlighted filing

2017

Assets$5,287,505
Liabilities$8,209
Net Assets$5,279,296

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2013: $3,080,741Expenses 2013: $2,249,397Net Income 2013: $831,3442013Revenue 2014: $3,403,778Expenses 2014: $2,915,896Net Income 2014: $487,8822014Revenue 2015: $4,652,739Expenses 2015: $3,472,116Net Income 2015: $1,180,6232015Revenue 2016: $4,329,268Expenses 2016: $3,519,842Net Income 2016: $809,4262016Revenue 2017: $4,379,692Expenses 2017: $3,804,750Net Income 2017: $574,9422017Revenue 2018: $5,274,933Expenses 2018: $4,475,146Net Income 2018: $799,7872018Revenue 2019: $5,867,057Expenses 2019: $5,538,760Net Income 2019: $328,2972019Revenue 2020: $5,523,123Expenses 2020: $5,572,491Net Income 2020: -$49,3682020Revenue 2021: $6,013,214Expenses 2021: $5,043,840Net Income 2021: $969,3742021Revenue 2022: $6,323,820Expenses 2022: $5,660,976Net Income 2022: $662,8442022Revenue 2023: $7,355,624Expenses 2023: $6,695,029Net Income 2023: $660,5952023Revenue 2024: $8,913,722Expenses 2024: $8,550,401Net Income 2024: $363,3212024

Highlighted filing

2017

Revenue$4,379,692
Expenses$3,804,750
Net Income$574,942
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 31, 2018
Return Version
2017v2.3
Gross Receipts
$4,379,692
Mission and Program Overview

Mission

Zoe is a holistic christian ministry focusing on empowering orphans and vulnerable children to be able to provide for themselves. Zoe utilizes a community-based model for empowerment that was developed in africa. The program is a developmental approach where orphaned and vulnerable children identify and overcome the obstacles preventing them from living life in all its fullness. Through zoe, orphans access the knowledge and resources needed to improve their well-being and overcome poverty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$2,810,504$2,686,349▼ $124,155
Cash and Non-Interest-Bearing Accounts$1,645,090$1,983,393▲ $338,303
Accounts Receivable$93$356,434▲ $356,341
Investments Other Securities$308,319$256,985▼ $51,334
Land, Buildings, and Equipment, Net$4,974$3,816▼ $1,158
Prepaid Expenses and Deferred Charges$75$528▲ $453
Total Assets$4,769,055$5,287,505▲ $518,450
Liabilities
Accounts Payable and Accrued Expenses$10,203$8,209▼ $1,994
Deferred Revenue$1,000--
Total Liabilities$11,203$8,209▼ $2,994
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,184,917$4,378,840▲ $193,923
Unrestricted Net Assets$497,935$900,456▲ $402,521
Permanently Rstr Net Assets$75,000--
Total Net Assets Fund Balance$4,757,852$5,279,296▲ $521,444
Total Liabilities and Net Assets / Fund Balance$4,769,055$5,287,505▲ $518,450

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,816$1,888-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$78,951$420▲ $5,187$80,178$4,092
2016$75,396-▲ $4,154-$78,951
2015$76,782-▼ $773-$75,396
2014-$76,782--$76,782
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Gaston WarnerCEOFT$80,746$80,746
Randy WiersmaChief Oper.FT$74,882$74,882
Mandie SellarsDirector CommuniFT$36,962$36,962

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$4,297,012
Program Service Revenue
$0
Investment Income
$81,932
Other Revenue
$748
All Other Contributions
$4,294,512
Change in Net Assets
$574,942

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,379,692
Revenue Not Reported on Form 990
$175,062
Total Revenue per Audited Statements
$4,554,754
Total Revenue per Form 990
$4,379,692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,808,670
Salaries, Compensation, and Employee Benefits$556,411
Other Expenses$439,669
Total Fundraising Expense$265,872
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$2,808,670--$2,808,670
Other Salaries and Wages$77,514$118,124$107,236$302,874
Travel$246,511$1,780$17,262$265,553
Current Officers, Directors, Trustees, and Key Employees$49,290$75,113$68,189$192,592
Other Employee Benefits$15,598$23,769$21,578$60,945
Office Expenses-$29,931-$29,931
All Other Expenses-$10,892-$10,892
Occupancy-$8,556-$8,556
Other Expenses-$5,960$51,337$5,960
Conferences and Meetings-$576$270$846
Total Functional Expenses$3,197,583$341,295$265,872$3,804,750

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,033,310
Expenses per Audited Statements$3,804,750
Total Expenses per Form 990$3,804,750
Expenses Not Reported on Form 990$228,560
International Activity

International Summary

Offices
7
Employees
56
Spending
$2,808,670

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
RwandaSee Part VRwanda Empowerment111$681,293
KenyaSee Part VKenya Empowerment114$668,881
ZimbabweSee Part VZimbabwe Empowerment17$514,358
MalawiSee Part VMalawi Empowerment16$291,908
India-chennaiSee Part VIndia - Chennai Emp.16$221,583
GuatemalaSee Part VGuatemala Emp.16$221,061
LiberiaSee Part VZambia Empowerment16$209,586
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 will be shared with all board members via email for review and questions. The board will then take a vote of approval via email.

Form 990, Page 6, Part VI, Line 12C

The board of directors will sign the established conflict of interest policy annually, acknowledging that they are in compliance. Initially, board members will be held to a standard of self-monitoring and informal checks and balances, with regard to monitoring compliance with extensive conflict of interest policy documentation. Increased scrutiny and controls will be determined prospectively on an as needed basis.

Form 990, Page 6, Part VI, Line 15A

The ceo's salary and performance are reviewed annually by the executive committee of the board of directors with any recommended compensation changes brought to the board for approval. Performance is the primary factor in compensation evaluation in keeping with appropriate comparisons for the similar position at similar organizations.

Form 990, Page 6, Part VI, Line 15B

The executive director reviews performance for other staff and any recommended compensation changes are approved by the board of directors in the budget approval process in december of each fiscal year.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Form 990, Part VII

All employees of the organization are paid by the north carolina conference of the united methodist church. Zoe ministry reimburses the north carolina conference of the united methodist church for all salary and benefit expenses, but the conference issues all checks and w-2s. Part vii lists 18 board of director members; however, two of the directors listed on part vii are ex-officio members. The two ex-officio members, jaye white and nancy van antwerp do not have voting rights; part i, line 3 only includes the 13 voting board of director members.

Filing and Contact Details

Filer

Filer Name
Zoe Ministry
EIN
45-4671349
Phone
9194144167
Address
700 WATERFIELD RIDGE PL, GARNER, NC 27529

Signing Officer

Name
Randy Wiersma
Title
Chief Oper. Officer
Phone
9194144167
Signed
2018-07-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gaston Warner
Formed
2011
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
1,525

Preparer

Firm
Langdon & Company Llp
Address
223 US HIGHWAY 70 EAST SUITE 100, GARNER, NC 27529-4051
Preparer
Anthony T Pandiscia
Phone
9196621001
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Zoe is a holistic christian ministry focusing on empowering orphans and vulnerable children to be able to provide for themselves. Zoe utilizes a community-based model for empowerment that was developed in africa. The program is a developmental approach where orphaned and vulnerable children identify and overcome the obstacles preventing them from living life in all its fullness. Through zoe, orphans access the knowledge and resources needed to improve their well-being and overcome poverty.

Form 990, Page 2, Part III, Line 4D

Malawi, liberia, guatemala, and india three year empowerment programs - children from malawi, liberia, guatemala, and india start the program in desperate poverty and graduate in three years to support themselves and their siblings. The program has an 85-90% graduation rate per a university of texas study. Those children who are not self-sufficient at the end of three years continue to be helped by other children in their group, but are no longer helped with zoe funds. Malawi's empowerment program served 4,463 children, with approximately 756 graduating from the program. The program had one program director and 5 social workers. The program just began in 2013 with solid community and government support. Liberia's empowerment program served 2,541 children, with approximately 420 graduating from the program. The program had 6 staff. Guatemala's empowerment program served 1,453 children, with approximately 535 graduating from the program. The program had 6 staff. India's empowerment program served 2,570 children, with approximately 702 graduating from the program. The program had 6 staff.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

While the overriding goal of the endowment management is to maintain the purchasing power of the corpus, it is intended for there to be an annual payout from the endowment to support the annual operations of zoe. Combining the goal of preserving the purchasing power of the corpus with the goal of an annual payout dictates that payouts will be funded by the earnings and growth in value of the endowment from the investing activities. No payout is authorized during any year wherein the remaining balance of the endowment fund would fall below the corpus.

Schedule D, Page 3, Part X

Zoe accounts for the effect of any uncertain tax positions based on a more likely than not threshold to the recognition of the tax positions being sustained based on the technical merits of the position under examination by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a cumulative probability assessment that aggregates the estimated tax liability for all uncertain tax positions. Tax positions for zoe include, but are not limited to, the tax-exempt status and determination of whether income is subject to unrelated business income tax; however, zoe has determined that such tax positions do not result in an uncertainty requiring recognition.

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IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF OPER.
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IRS990/MissionDesc0ZOE IS A HOLISTIC CHRISTIAN MINISTRY FOCUSING ON EMPOWERING ORPHANS AND VULNERABLE CHILDREN TO BE ABLE TO PROVIDE FOR THEMSELVES. ZOE UTILIZES A COMMUNITY-BASED MODEL FOR EMPOWERMENT THAT WAS DEVELOPED IN AFRICA. THE PROGRAM IS A DEVELOPMENTAL APPROACH WHERE ORPHANED AND VULNERABLE CHILDREN IDENTIFY AND OVERCOME THE OBSTACLES PREVENTING THEM FROM LIVING LIFE IN ALL ITS FULLNESS. THROUGH ZOE, ORPHANS ACCESS THE KNOWLEDGE AND RESOURCES NEEDED TO IMPROVE THEIR WELL-BEING AND OVERCOME POVERTY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0KENYA THREE YEAR EMPOWERMENT PROGRAM - CHILDREN FROM KENYA START THE PROGRAM IN DESPERATE POVERTY AND GRADUATE IN THREE YEARS TO SUPPORT THEMSELVES AND THEIR SIBLINGS. THE PROGRAM HAS AN 85-90% GRADUATION RATE PER A UNIVERSITY OF TEXAS STUDY. THOSE CHILDREN WHO ARE NOT SELF- SUFFICIENT AT THE END OF THREE YEARS CONTINUE TO BE HELPED BY OTHER CHILDREN IN THEIR GROUP, BUT ARE NO LONGER HELPED WITH ZOE FUNDS. KENYA'S EMPOWERMENT PROGRAM SERVED 10,964 CHILDREN, WITH APPROXIMATELY 3,480 GRADUATING FROM THE PROGRAM. THE PROGRAM HAD ONE PROGRAM DIRECTOR AND 14 SOCIAL WORKERS. THE KENYA GOVERNMENT RECOGNIZED ZOE AS ONE OF THE 7 BEST PRACTICES OF NON-GOVERNMENTAL ORGANIZATIONS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ZIMBABWE THREE YEAR EMPOWERMENT PROGRAM - CHILDREN FROM ZIMBABWE START THE PROGRAM IN DESPERATE POVERTY AND GRADUATE IN THREE YEARS TO SUPPORT THEMSELVES AND THEIR SIBLINGS. THE PROGRAM HAS AN 85-90% GRADUATION RATE PER A UNIVERSITY OF TEXAS STUDY. THOSE CHILDREN WHO ARE NOT SELF- SUFFICIENT AT THE END OF THREE YEARS CONTINUE TO BE HELPED BY OTHER CHILDREN IN THEIR GROUP, BUT ARE NO LONGER HELPED WITH ZOE FUNDS. ZIMBABWE'S EMPOWERMENT PROGRAM SERVED 6,323 CHILDREN, WITH APPROXIMATELY 1,480 GRADUATING FROM THE PROGRAM. THE PROGRAM HAD ONE PROGRAM DIRECTOR AND 6 SOCIAL WORKERS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0MALAWI, LIBERIA, GUATEMALA, AND INDIA THREE YEAR EMPOWERMENT PROGRAMS - CHILDREN FROM MALAWI, LIBERIA, GUATEMALA, AND INDIA START THE PROGRAM IN DESPERATE POVERTY AND GRADUATE IN THREE YEARS TO SUPPORT THEMSELVES AND THEIR SIBLINGS. THE PROGRAM HAS AN 85-90% GRADUATION RATE PER A UNIVERSITY OF TEXAS STUDY. THOSE CHILDREN WHO ARE NOT SELF-SUFFICIENT AT THE END OF THREE YEARS CONTINUE TO BE HELPED BY OTHER CHILDREN IN THEIR GROUP, BUT ARE NO LONGER HELPED WITH ZOE FUNDS. MALAWI'S EMPOWERMENT PROGRAM SERVED 4,463 CHILDREN, WITH APPROXIMATELY 756 GRADUATING FROM THE PROGRAM. THE PROGRAM HAD ONE PROGRAM DIRECTOR AND 5 SOCIAL WORKERS. THE PROGRAM JUST BEGAN IN 2013 WITH SOLID COMMUNITY AND GOVERNMENT SUPPORT. LIBERIA'S EMPOWERMENT PROGRAM SERVED 2,541 CHILDREN, WITH APPROXIMATELY 420 GRADUATING FROM THE PROGRAM. THE PROGRAM HAD 6 STAFF. GUATEMALA'S EMPOWERMENT PROGRAM SERVED 1,453 CHILDREN, WITH APPROXIMATELY 535 GRADUATING FROM THE PROGRAM. THE PROGRAM HAD 6 STAFF. INDIA'S EMPOWERMENT PROGRAM SERVED 2,570 CHILDREN, WITH APPROXIMATELY 702 GRADUATING FROM THE PROGRAM. THE PROGRAM HAD 6 STAFF.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0WHILE THE OVERRIDING GOAL OF THE ENDOWMENT MANAGEMENT IS TO MAINTAIN THE PURCHASING POWER OF THE CORPUS, IT IS INTENDED FOR THERE TO BE AN ANNUAL PAYOUT FROM THE ENDOWMENT TO SUPPORT THE ANNUAL OPERATIONS OF ZOE. COMBINING THE GOAL OF PRESERVING THE PURCHASING POWER OF THE CORPUS WITH THE GOAL OF AN ANNUAL PAYOUT DICTATES THAT PAYOUTS WILL BE FUNDED BY THE EARNINGS AND GROWTH IN VALUE OF THE ENDOWMENT FROM THE INVESTING ACTIVITIES. NO PAYOUT IS AUTHORIZED DURING ANY YEAR WHEREIN THE REMAINING BALANCE OF THE ENDOWMENT FUND WOULD FALL BELOW THE CORPUS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ZOE ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS FOR ZOE INCLUDE, BUT ARE NOT LIMITED TO, THE TAX-EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, ZOE HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
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