Civic Intelligence

Reconciled World Inc.

990 • Fiscal year 2016 • EIN 46-3250801

Oct 01, 2015 to Sep 30, 2016 • Filed on Jul 28, 2017

PO Box 1131Wheaton, IL 60187

(301) 887-7263

Siviq Scores

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

Liabilities / Assets

28th percentile

0.02x

Higher debt load relative to assets than 28% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

83rd percentile

24%

Higher net margin than 83% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

93rd percentile

67%

Faster asset growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

77th percentile

20%

Faster revenue growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$618,335

Up $247,181 (+67%) from 2015

Net Assets

Up

$608,884

Up $244,186 (+67%) from 2015

Liabilities

Up

$9,451

Up $2,995 (+46%) from 2015

Revenue

Up

$1,032,056

Up $173,230 (+20%) from 2015

Expenses

Up

$787,870

Up $80,918 (+11%) from 2015

Net Income

Up

$244,186

Up $92,312 (+61%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2014: $228,223Liabilities 2014: $15,399Net Assets 2014: $212,8242014Assets 2015: $371,154Liabilities 2015: $6,456Net Assets 2015: $364,6982015Assets 2016: $618,335Liabilities 2016: $9,451Net Assets 2016: $608,8842016Assets 2017: $650,103Liabilities 2017: $4,565Net Assets 2017: $645,5382017Assets 2018: $198,498Liabilities 2018: $16,362Net Assets 2018: $182,1362018Assets 2019: $374,278Liabilities 2019: $2,861Net Assets 2019: $371,4172019Assets 2020: $287,871Liabilities 2020: $13,320Net Assets 2020: $274,5512020Assets 2021: $450,260Liabilities 2021: $8,214Net Assets 2021: $442,0462021Assets 2022: $629,929Liabilities 2022: $18,531Net Assets 2022: $611,3982022Assets 2023: $1,535,248Liabilities 2023: $32,675Net Assets 2023: $1,502,5732023Assets 2024: $1,432,682Liabilities 2024: $27,232Net Assets 2024: $1,405,4502024

Highlighted filing

2016

Assets$618,335
Liabilities$9,451
Net Assets$608,884

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $686,314Expenses 2014: $473,590Net Income 2014: $212,7242014Revenue 2015: $858,826Expenses 2015: $706,952Net Income 2015: $151,8742015Revenue 2016: $1,032,056Expenses 2016: $787,870Net Income 2016: $244,1862016Revenue 2017: $926,102Expenses 2017: $889,448Net Income 2017: $36,6542017Revenue 2018: $442,418Expenses 2018: $905,820Net Income 2018: -$463,4022018Revenue 2019: $1,090,055Expenses 2019: $900,774Net Income 2019: $189,2812019Revenue 2020: $639,394Expenses 2020: $736,260Net Income 2020: -$96,8662020Revenue 2021: $925,183Expenses 2021: $757,688Net Income 2021: $167,4952021Revenue 2022: $1,078,805Expenses 2022: $909,453Net Income 2022: $169,3522022Revenue 2023: $2,101,297Expenses 2023: $1,210,122Net Income 2023: $891,1752023Revenue 2024: $1,433,974Expenses 2024: $1,531,097Net Income 2024: -$97,1232024

Highlighted filing

2016

Revenue$1,032,056
Expenses$787,870
Net Income$244,186
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jul 28, 2017
Return Version
2015v3.0
Gross Receipts
$1,032,056
Mission and Program Overview

Mission

Reconciled World, Inc. (RWI) exists to partner with churches and community-based organizations to promote social justice and economic development through application of doctrine from the Bible. RWI aims to to collaborate with and train other non-governmental organizations in its methodologies, including the importance of nurturing Biblical truth and addressing physical and spiritual needs in an integrated way. RWI creates programs that demonstrate the application of biblical doctrine to make significant impact in a variety of fields, including but not limited to: development of the economic potential of rural areas, vocational training, interventions for persons with disabilities, leadership development, and opposing violence against women.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$323,613$603,623▲ $280,010
Pledges and Grants Receivable$40,000$0▼ $40,000
Prepaid Expenses and Deferred Charges$7,541$11,750▲ $4,209
Investments in Publicly Traded Securities-$2,962-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$371,154$618,335▲ $247,181
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$6,456$9,451▲ $2,995
Total Liabilities$6,456$9,451▲ $2,995
Net Assets / Fund Balance
Temporarily Rstr Net Assets$298,461$482,784▲ $184,323
Unrestricted Net Assets$66,237$126,100▲ $59,863
Total Net Assets Fund Balance$364,698$608,884▲ $244,186
Total Liabilities and Net Assets / Fund Balance$371,154$618,335▲ $247,181
Compensation and Service Providers

Board Members and Trustees

NameTitle
Midori YanagisawaChairwoman
Darrow MillerDirector
Anna HoExecutive Director
John WatsonSecretary
Josh ButlerSecretary
Barry GardnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,031,656
Program Service Revenue
$300
Investment Income
$100
Other Revenue
$0
All Other Contributions
$1,031,656
Change in Net Assets
$244,186
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$352,849
Grants and Similar Amounts Paid$244,498
Other Expenses$190,523
Total Fundraising Expense$63,295
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$244,318$35,295$48,094$327,707
Foreign Grants$244,498--$244,498
Travel$63,953$6,671$8,759$79,383
Fees for Services Other$34,238$14,860-$49,098
Conferences and Meetings$28,290$6,658-$34,948
Payroll Taxes$17,774$3,199$4,169$25,142
Fees for Services Accounting-$13,450-$13,450
Office Expenses$3,162$1,845-$5,007
Information Technology-$861$861$1,722
All Other Expenses$826$623$37$1,486
Other Expenses$394$518$1,375$912
Total Functional Expenses$640,205$84,370$63,295$787,870
International Activity

International Summary

Offices
5
Employees
6
Spending
$281,994

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
E. AsiaCommunity TransformationEmployee/program Support11$99,744
Central AfricaTraining CommunityContractor/program Support12$56,286
E. AsiaGendercide ProgramProgram Support11$55,000
E. Asia - IndiaArts TrainingEmployee/program Support11$35,410
E. Asia - LaosSkills Traning ProgramEmployee/program Support11$14,000
E. AsiaMicrofinance AssistanceMicrofinance Assistance00$10,774
E. AsiaErthquke Relief AssistanceEarthquake Relief00$7,780
E. AsiaSubstance Abuse TraningAssistance00$3,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 will be circulated amongst governing board prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflict avoidance procedures outlined in section 8.03 of reconciled world bylaws, including duty to disclose conflicts, review of any conflicts by the remaining board of directors, and procedures for addressing any conflicts of interest.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation and approval for ceo, executive director, top management is reviewed/approved by the board or compensation committee prior to first payment of compensation.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The bylaws state "the board shall rely upon appropriate data as to comparability prior to approving the terms of compensation....including compensation levels paid by similarly situated organizations...for comparable positions."

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Financial audit and governance documents available to the public upon request via email to: [email protected]

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Financial audit and governance documents available to the public upon request via email to: [email protected]

Filing and Contact Details

Filer

Filer Name
Reconciled World Inc
EIN
46-3250801
Phone
3018877263
Address
PO BOX 1131, WHEATON, IL 60187

Signing Officer

Name
Barry Gardner
Title
Treasurer
Signed
2017-07-28
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
5
Employees
9
Volunteers
7

Preparer

Firm
Burritt Carlson & Associates Cpas
Address
2323 NAPERVILLE RD STE 230, NAPERVILLE, IL 60563-3539
Preparer
Julie Carlson CPA
Phone
6303691899
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Wholistic Development CenterWDC is a two-year residential program that prepares students for a vocation, including electrician, handyman, house-helper, restaurant service and office administration. The curriculum also focuses on life-skills, ethics, and religion. A maximum of 24 students are admitted to the program every two years. In the 2016 fiscal year, the current class of students were selected and completed the first year of the program. OTHER PROGRAM SERVICES 5: Truth Centered Transformation - Church Training ProgramTCT is a discipleship program for churches, which focuses on teaching Christians to bring all areas of life into alignment with biblical truth and to serve their communities with loving actions. The goals of the program are to see churches strengthened, communities move out of poverty, and God glorified.Accomplishments in 2016 fiscal year:-Materials were created to enable other organizations and church networks to implement the program. The materials produced and shared were: the first 3 modules of church training, the first module of facilitator development training, practitioners guide and orientation videos. These materials were also translated into French and Spanish to reach a broader audience.-Held a forum/orientation for new program implementers, which was attended by 20 people.-Saw significant growth of the program through sharing materials and coaching other organizations; 1838 churches in Asia and Africa at various stages of TCT training (up from 800 in FY2015). OTHER PROGRAM SERVICES 6: Disaster ReliefRelief assistance for the Nepal earthquake and flood in Myanmar.In partnership with Disciple Nations Alliance, we provided corrugated metal sheeting to several communities to enable them to build 250+ semi-permanent shelters from May through October 2015. Some funding was carried over and used to purchase blankets in November 2015 (2016 fiscal year). OTHER PROGRAM SERVICES 7: Microfinance Proram Accomplishments in 2016 fiscal year:Grew from 32,000 to 49,000 monthly borrowers, mostly micro-business operators with an average loan of $220.Seventy percent of loan officers have received values training, which has resulted in greater transparency with clients and increased job satisfaction.The director of GEM was invited to be on the compliance committee that oversees all MFIs in India. Given that GEM is one of the smallest MFIs in the country, this is a testament that GEM is known for its integrity.Outreach groups to bring a sense of community, to help meet others physical and emotional needs, and to teach that God created and loves each person. Four churches were established, with combined attendance of more than 200 adults and children.Each month, we reach 190 of New Delhis most vulnerable through fellowship groups, including 80 fatherless children, 50 drug addicts, and 60 transgender people.

Financial Statement Notes

Part X : FIN48 Footnote

RWI's FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEAR ENDED SEPTEMBER 30, 2014 IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER ITS FILING.

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IRS990/MissionDesc0Reconciled World, Inc. (RWI) exists to partner with churches and community-based organizations to promote social justice and economic development through application of doctrine from the Bible. RWI aims to to collaborate with and train other non-governmental organizations in its methodologies, including the importance of nurturing Biblical truth and addressing physical and spiritual needs in an integrated way. RWI creates programs that demonstrate the application of biblical doctrine to make significant impact in a variety of fields, including but not limited to: development of the economic potential of rural areas, vocational training, interventions for persons with disabilities, leadership development, and opposing violence against women.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Create CommissionTCC provides opportunities for artists to engage with marginalized people and the issues of social justice that affect them. TCC also invites people experiencing poverty and vulnerability in New Delhi, India to create art in a way that helps them process and express their experiences and feelings.Accomplishments in 2016 fiscal year:-We made art with more than 100 marginalized people each month.-The theme of FY2016s International Artist Residency was Abundance. Artists from as far as the US, Australia and Japan joined local Indian artists to interact with a community of rag-pickers and create art reflecting the experience.-A mini-residency was held for Christian students in a nearby university art program. Students expressed that they gained a richer understanding of Gods interest in them and felt the freedom to take new risks in their art.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Ending Gendercide - Ending Gendercide brings awareness and teaching to university students, churches, and organizations around issues of gender justice in India.-We held 7 film-discussion events about female infanticide and gender-selective abortion. 790 university students attended.-2 film-discussion events were held at organizations for their staff; 235 people attended.-50 people volunteered for our International Day of the Girl Child event, visiting 240 families in hospitals who had recently delivered girl babies.-80 people volunteered for our Metro-ride awareness event on International Womens Day. Volunteers rode the subway wearing gender-justice-themed T-shirts and giving people the opportunity to sign pledges of non-violence toward women and girls. 230 pledge cards were signed.-worked with 13 churches, establishing core groups that are able to identify and address domestic violence in their church and community.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RWI's FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEAR ENDED SEPTEMBER 30, 2014 IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER ITS FILING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1COMMUNITY TRANSFORMATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2SKILLS TRANING PROGRAM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3ARTS TRAINING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt4MICROFINANCE ASSISTANCE
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt6SUBSTANCE ABUSE TRANING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt7TRAINING COMMUNITY
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