American Wheat Mission Inc

The information for American Wheat Mission Inc is as of the organization's most recent filing in December '22. This organization is located in Edmonds, WA. It has been in existence for 28 years, following its founding in 1994.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The American Wheat Mission Inc's NTEE code is X20. The "X" tells us that the organization is classified as Religion-Related. The "20" tells us that the organization falls under the minor classification of Christianity. According to the NTEE description, Religion-Related organizations provide opportunities for people to satisfy their inner needs and enhance their spiritual growth through organized worship or other devotional activities based on the teachings of Jesus Christ. This code is also used for Christian denominations, their ministries, missions, missionary activities, bible camps, and schools. The American Wheat Mission Inc is classified under section 3 of the Internal Revenue Code, which includes Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals organizations. The mission of the organization is primarily focused on charity-related activities.

Program Areas

Program Area 1: Other educational programs are included within the general fund, encompassing all revenues, support, and functional expenses that are not specifically reported by another fund or program.

Organization Staffing

American Wheat Mission Inc has 1 employee, who was not paid more than $100k according to the organization's most recent 990 tax filing. There are no volunteers supporting the paid staff.

Board Governance

The American Wheat Mission Inc is a non-profit organization that appears to have a lack of governance based on the provided information. Firstly, the organization has zero voting members and zero independent members, which raises concerns about the decision-making process and the potential for conflicts of interest. Additionally, the absence of a conflict of interest policy and the requirement for disclosure of conflicts further suggests a lack of transparency and accountability within the organization. Furthermore, the American Wheat Mission Inc does not have key policies in place that promote good governance. The organization lacks a written whistleblower policy, which is essential for protecting individuals who report misconduct or unethical behavior. Similarly, the absence of a document retention policy raises questions about the organization's ability to maintain and safeguard important records. Moreover, the organization does not substantiate or review leadership salaries or officer's salaries, indicating a potential lack of oversight in financial matters. Additionally, the organization does not provide copies of the 990 (the annual tax return) to the board prior to filing, which limits the board's ability to review and ensure the accuracy of financial information. While it is positive that board meetings and committee meetings are documented, this alone is not sufficient to demonstrate effective governance. Overall, the American Wheat Mission Inc would benefit from implementing stronger governance practices, including the establishment of voting and independent members, the development of policies to address conflicts of interest, and the adoption of key policies such as a whistleblower policy and a document retention policy.

Organization Growth

The nonprofit organization American Wheat Mission Inc has shown growth over the given time period. Both the contributions and grants received as well as the total revenue increased from $134.4K in 2015 to $181.4K in 2022. However, it is worth noting that employee salaries decreased slightly from $39.5K in 2015 to $38.5K in 2022. Despite this, the organization's total expenses increased from $132.9K in 2015 to $176.0K in 2022. It is also important to mention that the total number of employees remained the same throughout the time period, with 1 employee in both 2015 and 2022. Overall, the organization has experienced growth in terms of contributions, grants, and revenue, despite a slight decrease in employee salaries.