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.
69¢ of each $1 spent went to programs.
$229K 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

FY2024 · 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
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$229K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
11 mo
of spending, in cash
Looks good: 11.1 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
$80K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
-35% vs prior year
Spent
$1.5M
To programs
69%
Net assets
$1.6M
By yearFY2020–FY2025
Revenue
$1.0M
FY2024▼ -35%
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
$1.5M
FY2024▲ +3%
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
$1.6M
FY2024▼ -31%
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 FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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

69 cents of each dollar spent went to programs.

Program services 69% · $1.0M Management & general 23% · $331K Fundraising 8% · $112K

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

17 people listed on the 990; $229K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$125,932Pt VII · Sec A
Program Director
$103,245Pt VII · Sec A
Secretary - Until 06/2024
$0Pt VII · Sec A
Secretary - as of 06/2024
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director - as of 06/2024
$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.

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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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2 programs · $1.0M · in their own filed words · FY2023
01

Stem Mexico

Stem mexico develops in students skills and abilities that allow them to face the current and future challenges that our society presents in the stem areas, to contribute to the sustainable development of their community.

$607Kprogram expense
02

Listo Mexico

Listo mexico is aimed to give students better opportunities by changing the school culture as it trains school principals and school coordinators to be transformational leaders, with the necessary skills to propose and implement methodologies in subjects related to educational activities as well as a specialized accompaniment coaching…

$403Kprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Gifts and grantsLn 1h$1.2M
Investment incomeLn 3$112K
Money outPt IX
$1.5M
Ln 25
Programscol B$1.0M
Managementcol C$331K
Fundraisingcol D$112K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$1.7M
LiabilitiesLn 26$80K
PeoplePt VI, VII
17
listed · VII A
PaidVII A2
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Noncash giftsLn 1g$1K
Fundraising eventsLn 1c$445K
Investment incomeLn 3$112K
Gains on assetsLn 7$2K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$349K
SavingsLn 2$991K
Cash and savings togetherLn 1–2$1.3M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$2K
Total assetsLn 16$1.7M
LiabilitiesLn 26$80K
Net assetsLn 32$1.6M
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 FY24End FY24
Cash and savingsLn 1–2$2.1M$1.3M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$2.4M$1.7M
LiabilitiesLn 26$58K$80K
Net assetsLn 32$2.3M$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$24K$24K
Pay of current officers, directors and key staffLn 5$208K$128K$80K
Other salaries and wagesLn 7$402K$262K$75K$65K
Other employee benefitsLn 9$40K$26K$7K$6K
Payroll taxesLn 10$115K$76K$23K$16K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$97K$97K
Other fees for servicesLn 11g$122K$119K$3K
Advertising and promotionLn 12$3K$2K$447$528
Office expensesLn 13$6K$1K$4K$262
Information technologyLn 14$9K$8K$184$840
OccupancyLn 16$25K$624$24K
TravelLn 17$17K$12K$2K$3K
Conferences, conventions and meetingsLn 19$14K$34$7$13K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$357K$350K$3K$4K
All other expensesLn 24e$462$140$322
Total functional expensesLn 25$1.5M$1.0M$331K$112K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.5M$1.4M$152K$1.8M 990 PDF
FY2024 Viewing $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 $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 F · Foreign O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,035,860 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,426,231$1,150,165
I-9 Program service revenuePrior year $4,885$0
I-10 Investment incomePrior year $135,200$111,677
I-11 Other revenuePrior year $39,260−$225,982
I-12 Total revenuePrior year $1,605,576$1,035,860
I-13 Grants and similar amounts paidPrior year $0$23,546
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $749,448$765,318
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $656,450$664,253
I-18 Total expensesPrior year $1,405,898$1,453,117
I-19 Revenue less expensesPrior year $199,678−$417,257
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
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 $1,035,860 across 8 lines filed
VIII-1c Fundraising events$444,567
VIII-1f All other contributions, gifts and grants$705,598
VIII-1g Noncash contributions (included above)$1,313
VIII-1h Total contributions, gifts and grants$1,150,165
VIII-3 Investment incomeExcluded from tax $110,108$110,108
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,569$1,569
VIII-8 Net income from fundraising eventsExcluded from tax −$225,982−$225,982
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$114,305$1,035,860
Part IX · Statement of functional expenses $1,453,117 across 18 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $23,546$23,546
IX-5 Pay of current officers, directors and key staffPrograms $128,049 · Management $80,288$208,337
IX-7 Other salaries and wagesPrograms $262,444 · Management $74,928 · Fundraising $64,648$402,020
IX-9 Other employee benefitsPrograms $26,336 · Management $6,785 · Fundraising $6,413$39,534
IX-10 Payroll taxesPrograms $76,149 · Management $23,301 · Fundraising $15,977$115,427
IX-11b Legal feesManagement $3,137$3,137
IX-11c Accounting feesManagement $96,845$96,845
IX-11g Other fees for servicesPrograms $118,950 · Fundraising $2,656$121,606
IX-12 Advertising and promotionPrograms $1,799 · Management $447 · Fundraising $528$2,774
IX-13 Office expensesPrograms $1,204 · Management $4,469 · Fundraising $262$5,935
IX-14 Information technologyPrograms $8,468 · Management $184 · Fundraising $840$9,492
IX-16 OccupancyPrograms $624 · Management $23,883$24,507
IX-17 TravelPrograms $12,073 · Management $1,937 · Fundraising $2,952$16,962
IX-19 Conferences, conventions and meetingsPrograms $34 · Management $7 · Fundraising $13,491$13,532
IX-22 Depreciation, depletion and amortizationManagement $1,313$1,313
IX-23 InsuranceManagement $10,765$10,765
IX-24 Other expenses (24a–d)Programs $349,943 · Management $2,611 · Fundraising $4,369$356,923
IX-24e All other expensesPrograms $140 · Management $322$462
IX-25 Total functional expensesPrograms $1,009,759 · Management $331,222 · Fundraising $112,136$1,453,117
Part X · Balance sheet $1,686,527 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $178,893$348,767
X-2 Savings and temporary cash investmentsStart of year $1,947,167$990,911
X-3 Pledges and grants receivableStart of year $246,549$322,322
X-4 Accounts receivableStart of year $1,055$311
X-9 Prepaid expenses and deferred chargesStart of year $14,982$22,535
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $1,611$1,681
X-16 Total assetsStart of year $2,390,257$1,686,527
X-17 Accounts payable and accrued expensesStart of year $58,389$74,259
X-18 Grants payableStart of year $0$5,887
X-26 Total liabilitiesStart of year $58,389$80,146
X-27 Net assets without donor restrictionsStart of year $980,262$1,043,161
X-28 Net assets with donor restrictionsStart of year $1,351,606$563,220
X-32 Total net assets or fund balancesStart of year $2,331,868$1,606,381
X-33 Total liabilities and net assetsStart of year $2,390,257$1,686,527
Part XI · Reconciliation of net assets $1,606,381 net assets at year end
XI-1 Total revenue$1,035,860
XI-2 Total expenses$1,453,117
XI-3 Revenue less expenses−$417,257
XI-4 Net assets at start of year$2,331,868
XI-5 Net unrealized gains (losses) on investments−$2,859
XI-9 Other changes in net assets−$305,371
XI-10 Net assets at end of year$1,606,381

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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