Civic Intelligence

Reconciled World Inc.

990 • Fiscal year 2018 • EIN 46-3250801

Oct 01, 2017 to Sep 30, 2018 • Filed on Jul 25, 2019

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

77th percentile

0.08x

Higher debt load relative to assets than 77% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

5th percentile

-105%

Higher net margin than 5% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

5th percentile

-69%

Faster asset growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

9th percentile

-52%

Faster revenue growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$198,498

Down $451,605 (-69%) from 2017

Net Assets

Down

$182,136

Down $463,402 (-72%) from 2017

Liabilities

Up

$16,362

Up $11,797 (+258%) from 2017

Revenue

Down

$442,418

Down $483,684 (-52%) from 2017

Expenses

Up

$905,820

Up $16,372 (+1.8%) from 2017

Net Income

Down

-$463,402

Down $500,056 (-1364%) from 2017

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

2018

Assets$198,498
Liabilities$16,362
Net Assets$182,136

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

2018

Revenue$442,418
Expenses$905,820
Net Income-$463,402
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Jul 25, 2019
Return Version
2017v2.2
Gross Receipts
$442,418
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$635,282$191,249▼ $444,033
Prepaid Expenses and Deferred Charges$14,821$7,249▼ $7,572
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$650,103$198,498▼ $451,605
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$4,565$16,362▲ $11,797
Total Liabilities$4,565$16,362▲ $11,797
Net Assets / Fund Balance
Temporarily Rstr Net Assets$591,407$169,185▼ $422,222
Unrestricted Net Assets$54,131$12,951▼ $41,180
Total Net Assets Fund Balance$645,538$182,136▼ $463,402
Total Liabilities and Net Assets / Fund Balance$650,103$198,498▼ $451,605
Compensation and Service Providers

Board Members and Trustees

NameTitle
Josh ButlerChairman
Darrow MillerDirector
Ena RichardsDirector
Midori YanagisawaDirector
Anna HoExecutive Director
Barry GardnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$442,354
Program Service Revenue
$0
Investment Income
$64
Other Revenue
$0
All Other Contributions
$442,354
Change in Net Assets
$-463,402

Audited Revenue Reconciliation

Revenue per Audited Statements
$442,418
Total Revenue per Audited Statements
$442,418
Total Revenue per Form 990
$442,418
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$327,211
Other Expenses$294,106
Grants and Similar Amounts Paid$284,503
Total Fundraising Expense$25,516
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$257,276$41,543$7,583$306,402
Grants to Domestic Orgs$149,391--$149,391
Foreign Grants$135,112--$135,112
Travel$120,992$3,804$9,253$134,049
Conferences and Meetings$75,126--$75,126
Fees for Services Other$31,022$6,117$5,161$42,300
Fees for Services Accounting-$21,605-$21,605
Payroll Taxes$17,001$2,965$843$20,809
Office Expenses$2,942$1,185-$4,127
All Other Expenses$1,203$1,884$468$3,555
Other Expenses$7,065$1,526$1,186$1,526
Information Technology-$593$593$1,186
Total Functional Expenses$797,130$83,174$25,516$905,820

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$905,820
Total Expenses per Audited Statements$905,820
Total Expenses per Form 990$905,820
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Thrive Global ConsultingWheaton, IL--$149,391

International Summary

Offices
9
Employees
11
Spending
$380,515

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
Subsaharan AfricaGrants & Program ExpensesCommunity Transformation34$248,609
S AsiaGendercide ProgramGrants & Program Support00$53,970
E AsiaTravel/training/wrkr SpptCommunity Transformation11$32,383
E AsiaGrants & Program SupportSkills Training Program12$23,035
S AsiaTravel & TrainingAbility Training00$9,202
E Asia (nz)Program & TravelCommunity Transformation11$7,050
E AsiaTravel/training/wrkr SpptCommunity Transformation11$3,768
E AsiaTravel/training/wrkr SpptCommunity Transformation11$1,428
S AsiaProgram SupportSubstance Abuse Training11$1,070
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
Yes
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
Anna Ho
Title
Executive Director
Signed
2019-07-25
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
Az
Voting Board Members
6
Independent Board Members
6
Employees
8
Volunteers
2

Preparer

Firm
BURRITT CARLSON & ASSOCIATES CPAs LLC
Address
2323 N 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 CenterThe Wholistic Development Center (WDC) is a 2-year residential program that prepares students for a vocation, including programs for: electrician, handyman, house-helper, restaurant service, and office administration. The curriculum also focuses on soft skills for the workplace, like honesty/integrity and work ethic. In FY 2018, 24 students finished their first of the program. OTHER PROGRAM SERVICES 5: Truth Centered Transformation - Church Training ProgramTruth Centered Transformation (TCT) is a discipleship program for churches, which teaches 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. FY 2018 accomplishments:1.Curriculum: a.We completed the English version of all 10 modules. b.We continued translating modules into Spanish, French, and 13+ local languages. These translations are at various stages of completion.2.Training: Approximately 12,000 churches received training (up from 2,633 in FY 2017). 1,800 were in Asia. 10,000 were in Africa.3.Support to Implementing Partners: a.We provided coaching and discipleship to a total of 45 registered partners (up from 23 in 2017). b.TCT Global Director and RW Executive Director made (combined) 19 trips to African countries and 11 trips to Asian countries for program launches and site visits. c.4 Regional Coordinators were trained and supported to provide coaching and oversight to registered partners. This included 2 week-long staff development meetings. OTHER PROGRAM SERVICES 6: GEM - Microfinance ProgramIn FY 2016 and 2017, RW had partnered with a small Micro-finance company within India to provide staff development training focused on incorporating RWs core principles into the daily operations of a microfinance program. In FY 2018, while we remained in relationship with the microfinance company, no resources were provided for any trainings or programming.

Financial Statement Notes

Part X : FIN48 Footnote

RWI's FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDED SEPTEMBER 30, 2016, 2017, and 2018 ARE 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/OtherExpensesGrp/Desc0PROGRAM SMALL EQPMT & SUPPLIES
IRS990/OtherExpensesGrp/Desc1OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/Desc3Printing and Publications
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IRS990/PayrollTaxesGrp/TotalAmt020809
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0AFFILIATE FUNDING PROGRAM
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt0149391
IRS990/ProgSrvcAccomActy3Grp/Desc0Wholistic Development CenterThe Wholistic Development Center (WDC) is a 2-year residential program that prepares students for a vocation, including programs for: electrician, handyman, house-helper, restaurant service, and office administration. The curriculum also focuses on soft skills for the workplace, like honesty/integrity and work ethic. In FY 2018, 24 students finished their first of the program.
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IRS990/RelatedEntityInd0true
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RWI's FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDED SEPTEMBER 30, 2016, 2017, and 2018 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER ITS FILING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0442418
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0905820
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt11070
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt2248609
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt37050
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0E ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1S ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2SUBSAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3E ASIA (NZ)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt4E ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt5S ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt6E ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt7E ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt8S ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0SKILLS TRAINING PROGRAM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1SUBSTANCE ABUSE TRAINING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2COMMUNITY TRANSFORMATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3COMMUNITY TRANSFORMATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt4COMMUNITY TRANSFORMATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt5ABILITY TRAINING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt6COMMUNITY TRANSFORMATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt7COMMUNITY TRANSFORMATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt8GRANTS & PROGRAM SUPPORT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS & PROGRAM SUPPORT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SUPPORT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2GRANTS & PROGRAM EXPENSES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3PROGRAM & TRAVEL
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt4TRAVEL/TRAINING/WRKR SPPT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt5TRAVEL & TRAINING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt6TRAVEL/TRAINING/WRKR SPPT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt7TRAVEL/TRAINING/WRKR SPPT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt8GENDERCIDE PROGRAM
IRS990ScheduleF/BoycottCountriesInd0false
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IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt134110
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0WIRES

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