Civic Intelligence

Faith in Practice

EIN 76-0415986 • 501(c)3 • Houston, TX

Profile

The mission of faith in practice is to improve the physical, spiritual, and economic condition of the poor in guatemala through short-term medical and surgical mission trips and health related educational programs. (continued on schedule o)faith in practice volunteers provided medical services to patients through its volunteer teams.

1140 Business Center Dr 535Houston, TX 77043

www.faithinpractice.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

29th percentile

0.05x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.04x

Higher debt load relative to revenue than 19% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

13th percentile

-16%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

7th percentile

-15%

Faster asset growth than 7% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-11%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$13,931,217

Down $2,395,089 (-15%) from 2023

Liabilities

Up

$665,040

Up $67,221 (+11%) from 2023

Net Assets

Down

$13,266,177

Down $2,462,310 (-16%) from 2023

Revenue

Down

$14,903,750

Down $1,902,334 (-11%) from 2023

Expenses

Up

$17,361,687

Up $2,721,856 (+19%) from 2023

Net Income

Down

-$2,457,937

Down $4,624,190 (-213%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $1,963,837Liabilities 2011: $252,382Net Assets 2011: $1,711,4552011Assets 2012: $1,991,911Liabilities 2012: $121,292Net Assets 2012: $1,870,6192012Assets 2013: $3,331,993Liabilities 2013: $148,279Net Assets 2013: $3,183,7142013Assets 2014: $4,000,249Liabilities 2014: $347,198Net Assets 2014: $3,653,0512014Assets 2015: $3,846,357Liabilities 2015: $409,513Net Assets 2015: $3,436,8442015Assets 2016: $3,158,597Liabilities 2016: $298,465Net Assets 2016: $2,860,1322016Assets 2017: $3,296,305Liabilities 2017: $476,277Net Assets 2017: $2,820,0282017Assets 2018: $3,297,227Liabilities 2018: $526,265Net Assets 2018: $2,770,9622018Assets 2019: $6,105,681Liabilities 2019: $633,157Net Assets 2019: $5,472,5242019Assets 2020: $8,711,217Liabilities 2020: $429,279Net Assets 2020: $8,281,9382020Assets 2021: $14,021,764Liabilities 2021: $645,848Net Assets 2021: $13,375,9162021Assets 2022: $14,156,615Liabilities 2022: $732,546Net Assets 2022: $13,424,0692022Assets 2023: $16,326,306Liabilities 2023: $597,819Net Assets 2023: $15,728,4872023Assets 2024: $13,931,217Liabilities 2024: $665,040Net Assets 2024: $13,266,1772024

Highlighted filing

2024

Assets$13,931,217
Liabilities$665,040
Net Assets$13,266,177

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $5,083,723Expenses 2011: $4,812,559Net Income 2011: $271,1642011Expenses 2012: $5,409,7552012Expenses 2013: $5,574,7202013Revenue 2014: $6,701,767Expenses 2014: $6,250,702Net Income 2014: $451,0652014Revenue 2015: $7,252,964Expenses 2015: $7,370,163Net Income 2015: -$117,1992015Revenue 2016: $8,139,703Expenses 2016: $8,827,834Net Income 2016: -$688,1312016Revenue 2017: $9,466,089Expenses 2017: $9,592,453Net Income 2017: -$126,3642017Revenue 2018: $10,634,976Expenses 2018: $10,636,674Net Income 2018: -$1,6982018Revenue 2019: $14,978,069Expenses 2019: $12,307,594Net Income 2019: $2,670,4752019Revenue 2020: $8,822,775Expenses 2020: $6,171,325Net Income 2020: $2,651,4502020Revenue 2021: $10,305,990Expenses 2021: $5,180,606Net Income 2021: $5,125,3842021Revenue 2022: $11,129,245Expenses 2022: $10,674,256Net Income 2022: $454,9892022Revenue 2023: $16,806,084Expenses 2023: $14,639,831Net Income 2023: $2,166,2532023Revenue 2024: $14,903,750Expenses 2024: $17,361,687Net Income 2024: -$2,457,9372024

Highlighted filing

2024

Revenue$14,903,750
Expenses$17,361,687
Net Income-$2,457,937

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.9$0.67$13.3$14.9$17.4$2.46
2023Detailed filing. Detailed filing data is available for this year.$16.3$0.60$15.7$16.8$14.6$2.17
2022Detailed filing. Detailed filing data is available for this year.$14.2$0.73$13.4$11.1$10.7$0.45
2021Detailed filing. Detailed filing data is available for this year.$14.0$0.65$13.4$10.3$5.18$5.13
2020Detailed filing. Detailed filing data is available for this year.$8.71$0.43$8.28$8.82$6.17$2.65
2019Detailed filing. Detailed filing data is available for this year.$6.11$0.63$5.47$15.0$12.3$2.67
2018Detailed filing. Detailed filing data is available for this year.$3.30$0.53$2.77$10.6$10.6$0.00
2017Detailed filing. Detailed filing data is available for this year.$3.30$0.48$2.82$9.47$9.59$0.13
2016Detailed filing. Detailed filing data is available for this year.$3.16$0.30$2.86$8.14$8.83$0.69
2015Detailed filing. Detailed filing data is available for this year.$3.85$0.41$3.44$7.25$7.37$0.12
2014Detailed filing. Detailed filing data is available for this year.$4.00$0.35$3.65$6.70$6.25$0.45
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.33$0.15$3.18$5.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.12$1.87$5.41
2011Summary only. Only limited summary data is available for this year.$1.96$0.25$1.71$5.08$4.81$0.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 7, 2025
Return Version
2023v6.0
Gross Receipts
$16,681,902
Mission and Program Overview

Mission

The mission of faith in practice is to improve the physical, spiritual, and economic condition of the poor in guatemala through short-term surgical medical and dental mission trips and health related educational programs. Faith in practice volunteers provided medical services to more than 27,000 patients annually through its volunteer teams.

Provide volunteer surgical, medical and dental care for the poor of guatemala.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$13,206,185$12,310,498▼ $895,687
Investments in Publicly Traded Securities$1,909,237$962,941▼ $946,296
Cash and Non-Interest-Bearing Accounts$778,153$236,155▼ $541,998
Land, Buildings, and Equipment, Net$172,569$191,792▲ $19,223
Prepaid Expenses and Deferred Charges$143,180$138,692▼ $4,488
Pledges and Grants Receivable$108,380$82,537▼ $25,843
Total Assets$16,326,306$13,931,217▼ $2,395,089
Other Assets Total$8,602$8,602→ $0
Liabilities
Accounts Payable and Accrued Expenses$171,093$348,415▲ $177,322
Deferred Revenue$426,726$316,625▼ $110,101
Total Liabilities$597,819$665,040▲ $67,221
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,212,942$12,969,889▼ $2,243,053
Net Assets With Donor Restrictions$515,545$296,288▼ $219,257
Total Net Assets Fund Balance$15,728,487$13,266,177▼ $2,462,310
Total Liabilities and Net Assets / Fund Balance$16,326,306$13,931,217▼ $2,395,089

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$153,496$274,474$427,970
Equipment$27,533$257,743$285,276
Leasehold Improvements$10,763$14,066$24,829
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle BairPresident & CEO Thru July 2024FT$202,405$16,926$219,331
Penny MockChief Administrative OfficerFT$168,060$17,040$185,100
TAYLOR O'NEILLChief Development OfficerFT$122,767$17,550$140,317
Ian James RhoadesBusiness Solutions DirectorFT$109,588$15,291$124,879
Edward RodriguezTreas & Sr. Director of Finance & Oper Jun 24FT$78,702$7,021$85,723
Revenue and Support

Revenue Composition

Contributions and Grants
$14,799,226
Program Service Revenue
$0
Investment Income
$198,299
Other Revenue
$-93,775
All Other Contributions
$14,035,790
Change in Net Assets
$-2,457,937

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Drugs and Medical Supplies-$10,217,922See Pt. Ii of Sch M
Real Estate Commercial2$95,646See Pt. Ii of Sch M
Securities Publicly Traded10$30,841Fair Market Value (FMV)
Total Noncash Contributions12$10,344,409-

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,895,984
Revenue Not Reported on Financial Statements
$7,766
Revenue Not Reported on Form 990
$4,349,129
Total Revenue per Audited Statements
$19,245,113
Total Revenue per Form 990
$14,903,750
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$11,311,213
Salaries, Compensation, and Employee Benefits$3,145,063
Other Expenses$2,905,411
Total Fundraising Expense$1,068,734
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$11,311,213--$11,311,213
Other Salaries and Wages$1,396,987$306,194$409,824$2,113,005
Current Officers, Directors, Trustees, and Key Employees$140,400$199,839$380,994$721,233
Information Technology$214,648$38,223$38,223$291,094
Other Employee Benefits$55,253$113,734$93,973$262,960
Payments to Affiliates$177,907--$177,907
All Other Expenses$128,638$14,176$13,745$156,559
Fees for Services Other$53,694$76,617-$130,311
Other Expenses$103,190$5,464$86,716$103,190
Travel$55,544$20,473$8,551$84,568
Depreciation Depletion$46,765$15,588$15,588$77,941
Office Expenses$38,892$19,344$2,400$60,636
Pension Plan Contributions$15,093$14,052$18,720$47,865
Conferences and Meetings$44,776--$44,776
Fees for Services Accounting-$35,700-$35,700
Insurance-$16,013-$16,013
Fees for Services Legal$13,201--$13,201
Fees for Service Investment Mgmnt Fees-$7,766-$7,766
Total Functional Expenses$15,409,770$883,183$1,068,734$17,361,687

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$21,707,423
Total Expenses per Form 990$17,361,687
Expenses per Audited Statements$17,353,921
Expenses Not Reported on Form 990$4,353,502
Expenses Not Reported on Financial Statements$7,766
International Activity

International Summary

Offices
1
Employees
37
Spending
$11,998,742

International Compliance

Foreign grant records maintained
No
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
Central AmericaProgram ServicesMedical,surgical, & Dental Services137$11,998,742
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$166,550
Fundraising Gross Income$72,775
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$687,620$52,375$118,745$-66,370
Vibrance Luncheon$148,591$20,400$47,805$-27,405
Total Events$836,211$72,775$166,550$-93,775
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
Yes
Business relationship with 35% controlled entity
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
No
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, Section A, Line 2

Brian s. Parsley, director and katherine parsley, interim ceo have a family relationship.

Form 990, Part VI, Section B, Line 11B

Organization's process to review form 990: the form 990 is presented to the governing body for comment prior to filing.

Form 990, Part VI, Section B, Line 12C

Enforcement of conflicts policy: the board discusses any conflicts of interest when the issue presents itself.

Form 990, Part VI, Section B, Line 15A

Compensation process for top official: the executive committee conducts a performance appraisal, reviews related market salaries, and makes recommendations, if any, for board approval.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation: documents available upon request.

Filing and Contact Details

Filer

Filer Name
Faith in Practice
EIN
76-0415986
Phone
7134845555
Address
1140 BUSINESS CENTER DR 535, HOUSTON, TX 77043

Signing Officer

Name
Ben Adesope
Title
CEO
Phone
7134845555
Signed
2025-07-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ben Adesope
Formed
1994
Legal Domicile
TX
Voting Board Members
20
Independent Board Members
20
Employees
20
Volunteers
1,796

Preparer

Firm
Doeren Mayhew
Address
2600 NORTH LOOP WEST SUITE 600, HOUSTON, TX 77092
Preparer
Mary Torres
Phone
7137897077
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization's oversight process remains the same. Audit committee selects independent audit firm and oversees the audit.

Financial Statement Notes

PART X, LINE 2:

Fip is a not-for-profit corporation and has been recognized as tax exempt pursuant to section 501(c)(3) of the internal revenue code. Fip's management is not aware of any uncertain positions taken or expected to be taken that would have a significant impact on its financial position. Fip's tax returns for the prior four years remain subject to examination by taxing authorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Special event direct expenses 166,550.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event direct expenses 166,550.

Raw XML AppendixShowing 400 of 820 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0PROVIDE VOLUNTEER SURGICAL, MEDICAL AND DENTAL CARE FOR THE POOR OF GUATEMALA.
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IRS990/Desc0IN THE FISCAL YEAR ENDED AUGUST 31, 2024 FAITH IN PRACTICE VOLUNTEERS SAW APPROXIMATELY 10,276 PATIENTS IN MEDICAL CLINICS AND PERFORMED OVER 2,331 SURGERY PROCEDURES. FAITH IN PRACTICE WAS ABLE TO PROVIDE AND FIT WHEELCHAIRS FOR 1,528 PATIENTS. THE TOTAL FAIR MARKET VALUE OF DONATED MEDICAL SUPPLIES, EQUIPMENT AND SERVICES IS $14,404,874 WHICH INCLUDES $4,186,952 OF IN-KIND MEDICAL SERVICE DONATIONS AND DONATED FACILITIES THAT ARE NOT REPORTED ON FORM 990. FAITH IN PRACTICE VOLUNTEERS ALSO TRAIN GUATEMALAN PROVIDERS TO SCREEN FOR CERVICAL CANCER AND CONDUCT HEALTH AND MEDICAL EDUCATION PROGRAMS. FAITH IN PRACTICE EXISTS TO ORGANIZE AND MANAGE VOLUNTEERS WHO PROVIDE MEDICAL, SURGICAL, DENTAL AND RELATED HEALTH EDUCATION SERVICES IN GUATEMALA.(CONTINUED ON SCHEDULE O)FAITH IN PRACTICE VOLUNTEERS PROVIDED MEDICAL SERVICES TO APPROXIMATELY 15,000 PATIENTS THROUGH ITS VOLUNTEER TEAMS.
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IRS990/Form990PartVIISectionAGrp/PersonNm4LUCY PARKER
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IRS990/Form990PartVIISectionAGrp/PersonNm9KENNETH J WINE
IRS990/Form990PartVIISectionAGrp/PersonNm10NORMAN LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm11PAUL MCELROY
IRS990/Form990PartVIISectionAGrp/PersonNm12PAUL NAZARIAN
IRS990/Form990PartVIISectionAGrp/PersonNm13SHELLEY ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm14MARK WOOLF MD
IRS990/Form990PartVIISectionAGrp/PersonNm15ABIGAIL BERKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm16MATTHEW POGODZINSKI MD
IRS990/Form990PartVIISectionAGrp/PersonNm17JULIE EBERLY
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IRS990/Form990PartVIISectionAGrp/PersonNm27PENNY MOCK
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IRS990/Form990PartVIISectionAGrp/PersonNm29MICHELLE BAIR
IRS990/Form990PartVIISectionAGrp/PersonNm30TAYLOR O'NEILL
IRS990/Form990PartVIISectionAGrp/PersonNm31IAN JAMES RHOADES
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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt26INTERIM CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt27CHIEF ADMINISTRATIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt28TREAS & SR. DIR OF FINANCE & OPER JUN 24
IRS990/Form990PartVIISectionAGrp/TitleTxt29PRESIDENT & CEO THRU JULY 2024
IRS990/Form990PartVIISectionAGrp/TitleTxt30CHIEF DEVELOPMENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt31BUSINESS SOLUTIONS DIRECTOR
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IRS990/MissionDesc0THE MISSION OF FAITH IN PRACTICE IS TO IMPROVE THE PHYSICAL, SPIRITUAL, AND ECONOMIC CONDITION OF THE POOR IN GUATEMALA THROUGH SHORT-TERM SURGICAL, MEDICAL, AND DENTAL MISSION TRIPS AND HEALTH RELATED EDUCATIONAL PROGRAMS. (CONTINUED ON SCHEDULE O)FAITH IN PRACTICE VOLUNTEERS PROVIDED MEDICAL SERVICES TO PATIENTS THROUGH ITS VOLUNTEER TEAMS.
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