World Compassion Network Inc
- Assets
- $564.1k
- Revenue
- $482.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Warsaw, IN
- Founding
- 05/2002
- Data as of
- 12/2021
- EIN
- 35-2157111
Organization Overview
World Compassion Network Inc is located in Warsaw, IN. The organization was established in 2002. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2021, World Compassion Network Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Compassion Network Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, World Compassion Network Inc generated $482.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $488.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST THE LOCAL CHURCH BY RESPONDING GLOBALLY TO THE NEEDS OF VICTIMS OF DISASTERS AND POVERTY THROUGH DISASTER RELIEF, MISSION TRIPS AND COMPASSION PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOMESTIC AND INTERNATIONAL DISASTER RELIEF PROVIDED EQUIPMENT AND RESOURCES ALONG WITH FOOD, CLOTHING, AND OTHER RELIEF SUPPLIES TO ALLEVIATE THE SUFFERING OF VICTIMS FLOODS, TORNADOES, WILDFIRES, ETC.
FAMILY-TO-FAMILY SHORT-TERM MISSION TRIPS PROVIDED FOOD AND OTHER HUMANITARIAN AID TO COUNTRIES OUTSIDE THE UNITED STATES. COUNTRIES INCLUDED HONDURAS AND HAITI.
COMPASSION PROJECTS PROVIDED FOOD, CLOTHING, AND OTHER SUPPLIES TO THE POVERTY STRICKEN IN OUR LOCAL COMMUNITY. PROJECTS COMPLETED INCLUDED THE 5K RUN/WALK FOR HUNGER AND WE CARE WARSAW EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Rauen Executive Dir. | OfficerTrustee | 40 | $60,550 |
Joe Wilkey Founder | OfficerTrustee | 40 | $26,000 |
William Gordon Board Member | Trustee | 0 | $0 |
Brad Harris Board Member | Trustee | 0 | $0 |
Michael Newell Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $48,245 |
| All other contributions, gifts, grants, and similar amounts not included above | $407,960 |
| Noncash contributions included in lines 1a–1f | $42,903 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $456,205 |
| Total Program Service Revenue | $0 |
| Investment income | $14,238 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,782 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $482,225 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $86,550 |
| Compensation of current officers, directors, key employees. | $23,792 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,856 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,986 |
| Payroll taxes | $19,797 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,967 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,465 |
| Advertising and promotion | $1,699 |
| Office expenses | $426 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,115 |
| Travel | $16,314 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,102 |
| Insurance | $1,485 |
| All other expenses | $4,139 |
| Total functional expenses | $488,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $320,566 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,132 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $27,996 |
| Investments—publicly traded securities | $204,425 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $564,119 |
| Accounts payable and accrued expenses | $3,444 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,444 |
| Net assets without donor restrictions | $560,675 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $564,119 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that World Compassion Network Inc has recieved totaling $2,150.
| Awarding Organization | Amount |
|---|---|
Matthew 28 18-20 Charitable Foundation South Bend, IN PURPOSE: GENERAL SUPPORT | $2,150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Real Services Inc South Bend, IN | $13,142,791 | $21,488,865 |
Community Services League Of Jackson County Independence, MO | $10,715,608 | $18,545,815 |
Blessings In A Backpack Inc Louisville, KY | $14,548,161 | $11,518,539 |
Missouri Valley Community Action Agency Marshall, MO | $8,413,322 | $11,809,512 |
Area Iv Agency On Aging And Community Action Programs Inc Lafayette, IN | $2,168,785 | $11,411,192 |
Walgreens Assistance Inc Deerfield, IL | $30,000,000 | $38,440,000 |
Community Action Agency Of Greater Kansas City Kansas City, MO | $3,181,804 | $8,038,211 |
Shepherd Community Inc Indianapolis, IN | $12,371,405 | $8,451,700 |
Operation Bbq Relief Peculiar, MO | $14,879,386 | $7,436,557 |
Chicago Chesed Fund Inc Lincolnwood, IL | $12,767,122 | $8,152,645 |
South Suburban Pads Chicago Heights, IL | $5,384,114 | $5,744,283 |
Feed My People St Louis, MO | $3,730,399 | $5,819,156 |