World Education INC FY2021 filing

Boston, MAUnknown exempt organizationSince 1951 EIN 13-1804349Revenue $46.8M in FY2021Latest return filed Mar 28, 2024

On file with the IRSworlded.org/weiinternet44 Farnsworth Street · Boston, MA

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World Education is dedicated to improving the lives of the poor through Education, and economic and social development programs.

82¢ of each $1 spent went to programs.
$1.2M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $589K a year · 1% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $22K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4.6M
45% of total assets
Looks good: liabilities are 45% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 13 voting members
Looks good: 12 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$46.8M
+11% vs prior year
Spent
$45.2M
To programs
82%
Net assets
$5.7M
By yearFY2020–FY2023
Revenue
$46.8M
FY2021▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$42.3M
FY2021$46.8M
FY2022$51.8M
FY2023$48.1M
Expenses
$45.2M
FY2021▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$42.3M
FY2021$45.2M
FY2022$51.0M
FY2023$48.3M
Net assets
$5.7M
FY2021▲ +40%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.1M
FY2021$5.7M
FY2022$6.5M
FY2023$0

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $37.2M Management & general 17% · $7.9M Fundraising 0% · $87K

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; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Vice President
$194,390Pt VII · Sec A
Deputy Chief of Party
$183,944Pt VII · Sec A
Vice President
$177,964Pt VII · Sec A
Vice President
$152,899Pt VII · Sec A
Vice President
$135,408Pt VII · Sec A
Deputy Chief of Party
$123,810Pt VII · Sec A
Finance Director
$120,100Pt VII · Sec A
Technical Staff
$114,376Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Haiyan Hua—$139,601$194,390$183,961
David Noyes——$183,944—
Gillian Garb-Sieff$148,883$181,924$177,964$170,363
Patience Ndlovu$174,402———
David C Noyes$171,329$171,412——
Bernard Frank$165,943———
Daniel Macneil$162,550$155,738$152,899$143,406
Tsitsi Chrinda$152,167———

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 INC executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves lives through education and economic/social development programs for the poor.

Questions for World Education INC

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3 programs · $35.2M · in their own filed words · FY2020
01

Bantwana/Ovc Programs

The bantwana initiative of world education works with vulnerable children, adolescents and their families who are affected by poverty, hiv, and gender-based violence. Bantwana delivers critical wrap around services to ensure access to education; social and child protection; economic strengthening; and health, HIV/AIDS and post-abuse…

$19.4Mprogram expense
02

Africa Programs

World education INC.'S africa division supports a variety of education programming in uganda, ghana, mozambique, cote d'ivoire, benin, and mali. These programs involve both formal education and non-formal education support and serve both adults and children as well as the ministries that oversee their well-being and education provision.

$7.9Mprogram expense
03

Asia Programs

World education's asia division currently operates in myanmar, laos, nepal and cambodia and focuses on four thematic areas, basic education, strengthening systems and support for persons with disabilities, MIGRATION/ANTI-TRAFFICKING and child labor elimination, and youth development.

$7.9Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$22K
Grants paid · 14 grants · $2.9M · 2019–2022
Handicap InternationalMD · FY2022$973,802
Unitemized GrantFY2022$56,586
Alice InternationalFY2022$36,457
Tuskegee UniversityAL · FY2022$30,515
Handicap InternationalMD · FY2021$400,144
Unitemized GrantFY2021$20,237
Alice InternationalFY2021$19,405
Achieving the Dream INCMD · FY2021$7,500
Handicap InternationalMD · FY2020$672,163
Unitemized GrantFY2020$36,066
Handicap InternationalMD · FY2019$585,495
Jobs for the Future INCMA · FY2019$72,800
Achieving the Dream INCMD · FY2019$15,000
The Pennsylvania State UniversityFY2019$9,000

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2023 · $39.0M federal money spent
Usaid Foreign Assistance for Programs OverseasU.S. Agency for International Development · ALN 98.001 · Direct and through Humanity and Inclusion and 5 more$29.9M
Usaid Foreign Assistance for Programs OverseasU.S. Agency for International Development · ALN 98.U01 · Through Education Development Center, INC.$5.2M
Usaid Foreign Assistance for Programs OverseasU.S. Agency for International Development · ALN 98.U02 · Through Rti International (rti)$1.0M
Food for EducationDepartment of Agriculture · ALN 10.608 · Through Catholic Relief Services and 1 more$903K
Cooperative Development Program (cdp)U.S. Agency for International Development · ALN 98.002 · Through World Vision$730K

Plus 11 smaller programs.

The auditor reported no findings.

Year ending Jun 2022 · $40.6M federal money spent
Usaid Foreign Assistance for Programs OverseasU.S. Agency for International Development · ALN 98.001 · Direct and through Humanity and Inclusion and 7 more$24.3M
Uganda/IcydU.S. Agency for International Development · ALN 98.U01 · Through Education Development Center, INC.$11.5M
Food for EducationDepartment of Agriculture · ALN 10.608 · Through Catholic Relief Services and 1 more$2.1M
International Labor ProgramsDepartment of Labor · ALN 17.401 · Direct$1.0M
Weapons Removal and AbatementDepartment of State · ALN 19.800 · Direct$504K

Plus 9 smaller programs.

The auditor reported no findings.

Year ending Jun 2021 · $29.8M federal money spent
Usaid Foreign Assistance for Programs OverseasU.S. Agency for International Development · ALN 98.001 · Direct and through Humanity and Inclusion and 8 more$26.1M
Food for EducationDepartment of Agriculture · ALN 10.608 · Through Catholic Relief Services and 1 more$1.8M
International Labor ProgramsDepartment of Labor · ALN 17.401 · Direct$1.0M
Weapons Removal and AbatementDepartment of State · ALN 19.800 · Direct$644K
Global AidsDepartment of Health and Human Services · ALN 93.067 · Through University of Washington$78K

Plus 5 smaller programs.

The auditor reported no findings.

Year ending Jun 2020 · $30.1M federal money spent
Usaid Foreign Assistance for Programs OverseasU.S. Agency for International Development · ALN 98.001 · Direct and through Rti International$26.9M
Food for EducationDepartment of Agriculture · ALN 10.608 · Through Catholic Relief Services$1.4M
Weapons Removal and AbatementDepartment of State · ALN 19.800 · Direct$668K
International Labor ProgramsDepartment of Labor · ALN 17.401 · Direct$566K
Office of Global Women's IssuesDepartment of State · ALN 19.801 · Through Engender Health$360K

Plus 2 smaller programs.

The auditor reported no findings.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$46.8M
Ln 12
Gifts and grantsLn 1h$46.8M
Investment incomeLn 3$11K
Money outPt IX
$45.2M
Ln 25
Programscol B$37.2M
Managementcol C$7.9M
Fundraisingcol D$87K
Owns and owesPt X
$5.7M
net assets · Ln 32
Cash and savingsLn 1–2$4.7M
Total assetsLn 16$10.2M
LiabilitiesLn 26$4.6M
PeoplePt VI, VII
23
listed · VII A
PaidVII A8
Voting boardVI 1a13
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$46.8M
Government grantsLn 1e$35.1M
Investment incomeLn 3$11K
Total revenueLn 12$46.8M
Assets in detailPt X, end of year
CashLn 1$4.7M
Cash and savings togetherLn 1–2$4.7M
Accounts receivableLn 4$5.3M
Prepaid expenses and deferred chargesLn 9$85K
Land, buildings, equipmentLn 10c$9K
Other assetsLn 15$144K
Total assetsLn 16$10.2M
LiabilitiesLn 26$4.6M
Net assetsLn 32$5.7M
OperationsPt I, VI
EmployeesI 591
VolunteersI 613
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$13.1M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$6.2M$4.7M
Land, buildings, equipmentLn 10c$12K$9K
Total assetsLn 16$10.0M$10.2M
LiabilitiesLn 26$5.9M$4.6M
Net assetsLn 32$4.1M$5.7M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$672K$672K
Grants to domestic individualsLn 2$36K$36K
Grants and assistance to foreign recipientsLn 3$13.1M$13.1M
Pay of current officers, directors and key staffLn 5$531K$294K$235K$2K
Other salaries and wagesLn 7$4.8M$2.7M$2.1M$15K
Other employee benefitsLn 9$2.5M$1.4M$1.1M$8K
Professional fundraising feesLn 11e$5K$5K
Other fees for servicesLn 11g$3.1M$1.2M$1.9M
Office expensesLn 13$1.1M$945K$110K$5K
OccupancyLn 16$1.6M$377K$1.2M
TravelLn 17$1.4M$1.4M$13K
Other expenses (24a–d)Ln 24$15.5M$15.1M$455K$11K
All other expensesLn 24e$740K$697K$43K
Total functional expensesLn 25$45.2M$37.2M$7.9M$87K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 LatestFiled with the IRS Mar 28, 2024 $48.1M$48.3M−$162K$0 990 PDF
FY2022Filed with the IRS Mar 9, 2023 $51.8M$51.0M$834K$6.5M 990 PDF
FY2021 ViewingFiled with the IRS Feb 17, 2022 $46.8M$45.2M$1.6M$5.7M 990 PDF
FY2020Filed with the IRS Jan 29, 2021 $42.3M$42.3M$62K$4.1M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants F · Foreign J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $46,829,834 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $42,312,519$46,818,571
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $18,799$11,263
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $42,331,318$46,829,834
I-13 Grants and similar amounts paidPrior year $12,410,055$13,825,708
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,757,696$7,896,684
I-16a Professional fundraising feesPrior year $11,900$4,725
I-17 Other expensesPrior year $22,090,000$23,478,669
I-18 Total expensesPrior year $42,269,651$45,205,786
I-19 Revenue less expensesPrior year $61,667$1,624,048
Part VI · Governance 12 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsYes
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 $46,829,834 across 6 lines filed
VIII-1d Related organizations$11,489
VIII-1e Government grants$35,092,287
VIII-1f All other contributions, gifts and grants$11,714,795
VIII-1h Total contributions, gifts and grants$46,818,571
VIII-3 Investment incomeExcluded from tax $11,263$11,263
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $11,263$46,829,834
Part IX · Statement of functional expenses $45,205,786 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $672,163$672,163
IX-2 Grants to domestic individualsPrograms $36,066$36,066
IX-3 Grants and assistance to foreign recipientsPrograms $13,117,479$13,117,479
IX-5 Pay of current officers, directors and key staffPrograms $293,924 · Management $235,490 · Fundraising $1,642$531,056
IX-7 Other salaries and wagesPrograms $2,678,198 · Management $2,145,752 · Fundraising $14,957$4,838,907
IX-9 Other employee benefitsPrograms $1,398,468 · Management $1,120,442 · Fundraising $7,811$2,526,721
IX-11e Professional fundraising feesFundraising $4,725$4,725
IX-11g Other fees for servicesPrograms $1,232,418 · Management $1,905,043$3,137,461
IX-13 Office expensesPrograms $945,070 · Management $110,075 · Fundraising $4,568$1,059,713
IX-16 OccupancyPrograms $377,301 · Management $1,198,296$1,575,597
IX-17 TravelPrograms $1,416,709 · Management $13,239$1,429,948
IX-24 Other expenses (24a–d)Programs $15,070,412 · Management $454,689 · Fundraising $10,702$15,535,803
IX-24e All other expensesManagement $697,274 · Fundraising $42,873$740,147
IX-25 Total functional expensesPrograms $37,238,208 · Management $7,880,300 · Fundraising $87,278$45,205,786
Part X · Balance sheet $10,235,072 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $6,174,112$4,703,094
X-4 Accounts receivableStart of year $3,511,367$5,294,014
X-9 Prepaid expenses and deferred chargesStart of year $153,591$84,702
X-10c Land, buildings and equipment, netStart of year $12,050$9,037
X-15 Other assetsStart of year $101,944$144,225
X-16 Total assetsStart of year $9,953,064$10,235,072
X-17 Accounts payable and accrued expensesStart of year $1,775,632$1,964,336
X-25 Other liabilitiesStart of year $3,046,767$2,590,423
X-26 Total liabilitiesStart of year $5,896,799$4,554,759
X-27 Net assets without donor restrictionsStart of year $3,737,615$5,131,897
X-28 Net assets with donor restrictionsStart of year $318,650$548,416
X-32 Total net assets or fund balancesStart of year $4,056,265$5,680,313
X-33 Total liabilities and net assetsStart of year $9,953,064$10,235,072
Part XI · Reconciliation of net assets $5,680,313 net assets at year end
XI-1 Total revenue$46,829,834
XI-2 Total expenses$45,205,786
XI-3 Revenue less expenses$1,624,048
XI-4 Net assets at start of year$4,056,265
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,680,313

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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