World Missions Advance Inc
World Missions Advance Inc maintains stable finances with low liabilities and no reported officer compensation.
EIN: 10596752 · Dallas, TX · NTEE: X99 · Updated: 2026-03-28
About World Missions Advance Inc
World Missions Advance Inc (EIN: 10596752) is a nonprofit organization based in Dallas, TX, classified under NTEE code X99. The organization reported total revenue of $935K and total assets of $566K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Missions Advance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates World Missions Advance Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, World Missions Advance Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of its size with revenues often exceeding $500,000, suggesting either a volunteer-led executive team or compensation structured outside of typical officer reporting.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of World Missions Advance Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- 0% officer compensation reported across all filings, which is unusual for an organization of this size and warrants further inquiry into leadership compensation structure.
Strengths
The following positive indicators were identified for World Missions Advance Inc:
- Consistent financial stability with low liabilities (e.g., $3,353 in 2023)
- Significant asset growth over time (from $66,803 in 2016 to $476,677 in 2023)
- Expenses generally well-managed relative to revenue (e.g., $773,284 expenses vs. $824,084 revenue in 2023)
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Frequently Asked Questions about World Missions Advance Inc
Is World Missions Advance Inc a good charity?
Based on the available IRS 990 data, World Missions Advance Inc appears to be a financially responsible organization with low liabilities and consistent asset growth. The reported 0% officer compensation is a strong indicator of dedication to mission, potentially allowing a higher percentage of funds to go directly to programs. However, without a detailed breakdown of program vs. administrative vs. fundraising expenses, a definitive 'good' rating is difficult, but the financial health indicators are positive.
How does World Missions Advance Inc manage its executive compensation?
All available IRS 990 filings for World Missions Advance Inc report 0% officer compensation. This suggests that the organization's executive leadership may be entirely volunteer-based, or that any compensation they receive is not categorized as 'officer compensation' on the 990 form, which would require further investigation to understand fully.
What is the trend in World Missions Advance Inc's financial health?
World Missions Advance Inc has shown consistent financial stability. Revenues have fluctuated but generally remained strong, with expenses closely managed. Assets have grown significantly from $66,803 in 2016 to $476,677 in 2023, while liabilities have remained very low, typically under $5,000, indicating a healthy balance sheet.
Filing History
IRS 990 filing history for World Missions Advance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), World Missions Advance Inc's revenue has grown by 242.4%, moving from $241K to $824K. Total assets increased by 355.1% over the same period, from $105K to $477K. Total functional expenses rose by 226.7%, from $237K to $773K. In its most recent filing year (2023), World Missions Advance Inc reported a surplus of $51K, with revenue exceeding expenses. The organization holds $3K in liabilities against $477K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $473K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $824K | $773K | $477K | $3K | — | — |
| 2022 | $1.1M | $1.1M | $430K | $3K | — | View 990 |
| 2021 | $637K | $641K | $548K | $4K | — | View 990 |
| 2020 | $548K | $585K | $553K | $4K | — | — |
| 2019 | $633K | $652K | $587K | $2K | — | View 990 |
| 2018 | $612K | $584K | $612K | $4K | — | View 990 |
| 2017 | $868K | $352K | $582K | $2K | — | View 990 |
| 2016 | $360K | $369K | $67K | $2K | — | View 990 |
| 2015 | $479K | $493K | $76K | $2K | — | View 990 |
| 2014 | $600K | $588K | $88K | $423 | — | View 990 |
| 2013 | $340K | $360K | $79K | $1K | — | View 990 |
| 2012 | $280K | $285K | $99K | $1K | — | View 990 |
| 2011 | $241K | $237K | $105K | $906 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $824K, expenses of $773K, and assets of $477K (revenue -23.8% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $430K (revenue +69.8% year-over-year).
- 2021: Revenue of $637K, expenses of $641K, and assets of $548K (revenue +16.4% year-over-year).
- 2020: Revenue of $548K, expenses of $585K, and assets of $553K (revenue -13.5% year-over-year).
- 2019: Revenue of $633K, expenses of $652K, and assets of $587K (revenue +3.4% year-over-year).
- 2018: Revenue of $612K, expenses of $584K, and assets of $612K (revenue -29.5% year-over-year).
- 2017: Revenue of $868K, expenses of $352K, and assets of $582K (revenue +141.0% year-over-year).
- 2016: Revenue of $360K, expenses of $369K, and assets of $67K (revenue -24.8% year-over-year).
- 2015: Revenue of $479K, expenses of $493K, and assets of $76K (revenue -20.2% year-over-year).
- 2014: Revenue of $600K, expenses of $588K, and assets of $88K (revenue +76.8% year-over-year).
- 2013: Revenue of $340K, expenses of $360K, and assets of $79K (revenue +21.5% year-over-year).
- 2012: Revenue of $280K, expenses of $285K, and assets of $99K (revenue +16.1% year-over-year).
- 2011: Revenue of $241K, expenses of $237K, and assets of $105K.
Data Sources and Methodology
This transparency report for World Missions Advance Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.