Create comprehensive and innovative learning environments and programs that provide opportunities for students to develop stem competencies in all disciplines, inspired and driven by transformative leaders in public schools in mexico.

501(c)(3) charity; gifts are tax-deductible.
59¢ of each $1 spent went to programs.
$265K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $37K a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$265K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
11 mo
of spending, in cash
Looks good: 10.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $7K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$157K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.0M
Spent
$1.9M
To programs
59%
Net assets
$2.6M
By yearFY2020–FY2025
Revenue
$2.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.0M
FY2021$1.6M
FY2022$1.6M
FY2023$1.6M
FY2024$1.0M
FY2025$1.5M
Expenses
$1.9M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$1.8M
FY2022$1.7M
FY2023$1.4M
FY2024$1.5M
FY2025$1.4M
Net assets
$2.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.6M
FY2021$2.5M
FY2022$2.4M
FY2023$2.3M
FY2024$1.6M
FY2025$1.8M

From the FY2020 Form 990 (year ending September 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $1.1M Management & general 22% · $412K Fundraising 19% · $353K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990; $265K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$149,404Pt VII · Sec A
$115,178Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director/ Finance Cmte Chair
$0Pt VII · Sec A
Director/ Audit Cmte Chair
$0Pt VII · Sec A
Director/ Nom & Gov Chair
$0Pt VII · Sec A
Director/ Br Cmte Chair
$0Pt VII · Sec A
Director/ Mx Cmte Chair
$0Pt VII · Sec A

Victor Llantada’s $128K as CFO is at the 52nd percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kelly Maurice———$149,296$156,667—
Kelly a Maurice—————$149,404
Victor Llantada$127,895$125,932$120,907$36,153——
Avi Fichman—————$115,178
Manuel Bravo$113,657$103,245————
Abraham Fichman————$68,520—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See World Education and Development Fund executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

World Education and Development Fund is a public foundation based in New York, NY, formed in 2002.

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Provided by the organization

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3 programs · $1.1M · in their own filed words · FY2019
01

Stem brasil and mexico are educando's continuing education programs for public schools k-12 science (physics, chemistry, biology) and math teachers. These programs address the 21ST century hard and soft skills that students need for a more productive life and career.

$656Kprogram expense
02

Educando's inter-american partnership for education transforms english language instruction in mexico's public schools by training and supporting a dedicated network of dynamic english language educators.

$241Kprogram expense
03

Educando's mexican listo diploma program and listo mae master's degree offer k -12 academic professionals a professional degree and certification focused on leadership, academic development, and the necessary competencies to implement methodologies that improve school institutional culture through educational support.

$207Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$7K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Gifts and grantsLn 1h$2.1M
Investment incomeLn 3$47K
Fees for servicesLn 2g$16K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.1M
Managementcol C$412K
Fundraisingcol D$353K
Owns and owesPt X
$2.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$2.8M
LiabilitiesLn 26$157K
PeoplePt VI, VII
23
listed · VII A
PaidVII A2
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.1M
Government grantsLn 1e$26K
Fundraising eventsLn 1c$281K
Fees for servicesLn 2g$16K
Investment incomeLn 3$47K
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$93K
SavingsLn 2$1.6M
Cash and savings togetherLn 1–2$1.7M
Land, buildings, equipmentLn 10c$13K
Other assetsLn 15$2K
Total assetsLn 16$2.8M
LiabilitiesLn 26$157K
Net assetsLn 32$2.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.5M$1.7M
Land, buildings, equipmentLn 10c$19K$13K
Total assetsLn 16$3.1M$2.8M
LiabilitiesLn 26$432K$157K
Net assetsLn 32$2.7M$2.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$298K$194K$31K$73K
Other salaries and wagesLn 7$534K$208K$176K$149K
Other employee benefitsLn 9$34K$11K$16K$7K
Payroll taxesLn 10$100K$51K$28K$21K
Legal feesLn 11b$4K$3K$951
Accounting feesLn 11c$83K$7K$76K
Other fees for servicesLn 11g$385K$338K$47K
Advertising and promotionLn 12$14K$10K$804$3K
Office expensesLn 13$48K$21K$22K$5K
Information technologyLn 14$11K$9K$2K
OccupancyLn 16$61K$26K$34K$640
TravelLn 17$77K$54K$12K$11K
Conferences, conventions and meetingsLn 19$784$784
Depreciation, depletion and amortizationLn 22$6K$3K$3K
InsuranceLn 23$15K$7K$6K$757
Other expenses (24a–d)Ln 24$184K$152K$448$32K
All other expensesLn 24e$14K$7K$5K$3K
Total functional expensesLn 25$1.9M$1.1M$412K$353K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.5M$1.4M$152K$1.8M 990 PDF
FY2024 $1.0M$1.5M−$417K$1.6M 990 PDF
FY2023 $1.6M$1.4M$200K$2.3M 990 PDF
FY2022 $1.6M$1.7M−$56K$2.4M 990 PDF
FY2021 $1.6M$1.8M−$266K$2.5M 990 PDF
FY2020 Viewing $2.0M$1.9M$166K$2.6M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $2,035,212 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,852,842$2,131,133
I-9 Program service revenuePrior year $0$15,781
I-10 Investment incomePrior year $42,653$47,441
I-11 Other revenuePrior year $4,367−$159,143
I-12 Total revenuePrior year $1,899,862$2,035,212
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,400,938$965,669
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,749,936$903,065
I-18 Total expensesPrior year $3,150,874$1,868,734
I-19 Revenue less expensesPrior year −$1,251,012$166,478
Part VI · Governance 21 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,035,212 across 9 lines filed
VIII-1c Fundraising events$281,120
VIII-1e Government grants$25,762
VIII-1f All other contributions, gifts and grants$1,824,251
VIII-1h Total contributions, gifts and grants$2,131,133
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $15,781$15,781
VIII-3 Investment incomeExcluded from tax $47,441$47,441
VIII-8 Net income from fundraising eventsExcluded from tax −$159,550−$159,550
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $407$407
VIII-12 Total revenueRelated to mission $15,781 · Unrelated business $0 · Excluded from tax −$111,702$2,035,212
Part IX · Statement of functional expenses $1,868,734 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $194,477 · Management $31,176 · Fundraising $72,743$298,396
IX-7 Other salaries and wagesPrograms $208,429 · Management $175,745 · Fundraising $149,441$533,615
IX-9 Other employee benefitsPrograms $11,237 · Management $15,621 · Fundraising $6,975$33,833
IX-10 Payroll taxesPrograms $50,830 · Management $28,230 · Fundraising $20,765$99,825
IX-11b Legal feesPrograms $3,047 · Management $951$3,998
IX-11c Accounting feesPrograms $6,641 · Management $76,428$83,069
IX-11g Other fees for servicesPrograms $337,822 · Fundraising $47,318$385,140
IX-12 Advertising and promotionPrograms $9,598 · Management $804 · Fundraising $3,279$13,681
IX-13 Office expensesPrograms $21,444 · Management $21,862 · Fundraising $5,023$48,329
IX-14 Information technologyPrograms $9,166 · Management $1,711$10,877
IX-16 OccupancyPrograms $26,444 · Management $33,662 · Fundraising $640$60,746
IX-17 TravelPrograms $54,046 · Management $11,953 · Fundraising $11,118$77,117
IX-19 Conferences, conventions and meetingsPrograms $784$784
IX-22 Depreciation, depletion and amortizationPrograms $3,342 · Management $2,916$6,258
IX-23 InsurancePrograms $7,483 · Management $6,342 · Fundraising $757$14,582
IX-24 Other expenses (24a–d)Programs $152,234 · Management $448 · Fundraising $31,745$184,427
IX-24e All other expensesPrograms $6,628 · Management $4,613 · Fundraising $2,816$14,057
IX-25 Total functional expensesPrograms $1,103,652 · Management $412,462 · Fundraising $352,620$1,868,734
Part X · Balance sheet $2,804,959 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $360,635$92,976
X-2 Savings and temporary cash investmentsStart of year $1,168,835$1,609,245
X-3 Pledges and grants receivableStart of year $1,109,080$1,061,865
X-4 Accounts receivableStart of year $261,121$9,421
X-9 Prepaid expenses and deferred chargesStart of year $190,499$15,969
X-10c Land, buildings and equipment, netStart of year $19,307$13,049
X-15 Other assetsStart of year $12,490$2,434
X-16 Total assetsStart of year $3,121,967$2,804,959
X-17 Accounts payable and accrued expensesStart of year $250,567$97,600
X-24 Unsecured notes and loans payable$59,400
X-26 Total liabilitiesStart of year $431,711$157,000
X-27 Net assets without donor restrictionsStart of year $475,474$522,837
X-28 Net assets with donor restrictionsStart of year $2,214,782$2,125,122
X-32 Total net assets or fund balancesStart of year $2,690,256$2,647,959
X-33 Total liabilities and net assetsStart of year $3,121,967$2,804,959
Part XI · Reconciliation of net assets $2,647,959 net assets at year end
XI-1 Total revenue$2,035,212
XI-2 Total expenses$1,868,734
XI-3 Revenue less expenses$166,478
XI-4 Net assets at start of year$2,690,256
XI-9 Other changes in net assets−$208,775
XI-10 Net assets at end of year$2,647,959

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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