World Childrens Project provides education opportunities to underprivileged children in developing nations around the world. This education prepares children to become thoughtful, contributing citizens in their local and global community.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $16K a year · under 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
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Plus $511K in investments, Pt X · Ln 11–13
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $3.1M
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$817K
+59% vs prior year
Spent
$846K
To programs
100%
Net assets
$1.1M
By yearFY2021–FY2024
Revenue
$817K
FY2022▲ +59%
Tap a bar for its year
Revenue by fiscal year
FY2021$515K
FY2022$817K
FY2023$1.7M
FY2023$1.5M
FY2024$3.8M
Expenses
$846K
FY2022▲ +71%
Tap a bar for its year
Expenses by fiscal year
FY2021$495K
FY2022$846K
FY2023$1.6M
FY2023$1.3M
FY2024$3.8M
Net assets
$1.1M
FY2022▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.1M
FY2022$1.1M
FY2023$1.1M
FY2023$1.4M
FY2024$1.5M

From the FY2022 Form 990 (year ending March 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2005.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $845K Management & general 0% · $352 Fundraising 0% · $930

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

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See La Paz Global 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 15aNo

Programs and updates

Provides education to underprivileged children in developing nations, preparing them for active citizenship.

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Provided by the organization

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3 programs · $845K · in their own filed words · FY2021
01

Facility Services

La Paz Global has created a new program to support the opening of Two Way Dual Immersion schools in areas identified to have large socio-economic gaps within their communities. The program began in 2020 with a large donation from a private foundation and is now a new area of focus to bridge the gaps of inequality in these areas.

$550Kprogram expense
02

Student Scholarships

La Paz Global scholarship donations prepare dedicated, talented, and exceptional underprivileged children to lead their communities and our world into the future. La Paz Global partner school, La Paz Community School, integrates local underprivileged youth into the program at a young age in order to help them preserve the unique local…

$270Kprogram expense
03

Faculty Fund/Professional Development

Since the inception of La Paz in 2007, the quality of the student learning experience is directly connected to the expertise and commitment of the teaching staff. Quality educators require consistent coaching and professional development as well as a salary and benefits that compensate for their tireless commitment to the students.

$25Kprogram 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
See all 9 funders →
Grants paid · 1 grant · $6K · 2022–2022
University of ConnecticutFY2022$6,500

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$817K
Ln 12
Gifts and grantsLn 1h$801K
Investment incomeLn 3$16K
Money outPt IX
$846K
Ln 25
Programscol B$845K
Managementcol C$352
Fundraisingcol D$930
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$141K
Total assetsLn 16$1.1M
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$801K
Investment incomeLn 3$16K
Gains on assetsLn 7$12K
Total revenueLn 12$817K
Assets in detailPt X, end of year
CashLn 1$141K
Cash and savings togetherLn 1–2$141K
InvestmentsLn 11–13$511K
Land, buildings, equipmentLn 10c$405K
Total assetsLn 16$1.1M
LiabilitiesLn 26$0
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$89K$141K
InvestmentsLn 11–13$221K$511K
Land, buildings, equipmentLn 10c$778K$405K
Total assetsLn 16$1.1M$1.1M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.1M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$827K$827K
Accounting feesLn 11c$1K$1K$27$7
Professional fundraising feesLn 11e$838$838
Office expensesLn 13$491$480$9$2
Other expenses (24a–d)Ln 24$5K$5K$95$25
All other expensesLn 24e$12K$11K$221$58
Total functional expensesLn 25$846K$845K$352$930

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.8M$3.8M$13K$1.5M 990 PDF
FY2023 $1.7M$1.6M$61K$1.1M 990 PDF
FY2022 Viewing $817K$846K−$29K$1.1M 990 PDF
FY2021 $515K$495K$20K$1.1M 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 FY2022 990 (6 parts)
Part I · Summary $816,624 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $516,266$800,801
I-9 Program service revenue$0
I-10 Investment incomePrior year −$1,117$15,823
I-11 Other revenue$0
I-12 Total revenuePrior year $515,149$816,624
I-13 Grants and similar amounts paidPrior year $486,250$826,541
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$838
I-17 Other expensesPrior year $8,797$18,574
I-18 Total expensesPrior year $495,047$845,953
I-19 Revenue less expensesPrior year $20,102−$29,329
Part VI · Governance 0 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $816,624 across 5 lines filed
VIII-1f All other contributions, gifts and grants$800,801
VIII-1h Total contributions, gifts and grants$800,801
VIII-3 Investment incomeRelated to mission $4,312$4,312
VIII-7 Net gain or loss on sales of assetsRelated to mission $11,511$11,511
VIII-12 Total revenueRelated to mission $15,823 · Unrelated business $0 · Excluded from tax $0$816,624
Part IX · Statement of functional expenses $845,953 across 6 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $826,541$826,541
IX-11c Accounting feesPrograms $1,366 · Management $27 · Fundraising $7$1,400
IX-11e Professional fundraising feesFundraising $838$838
IX-13 Office expensesPrograms $480 · Management $9 · Fundraising $2$491
IX-24 Other expenses (24a–d)Programs $4,942 · Management $95 · Fundraising $25$5,062
IX-24e All other expensesPrograms $11,342 · Management $221 · Fundraising $58$11,621
IX-25 Total functional expensesPrograms $844,671 · Management $352 · Fundraising $930$845,953
Part X · Balance sheet $1,057,250 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $88,848$141,227
X-10c Land, buildings and equipment, netStart of year $777,738$405,326
X-11 Publicly traded securitiesStart of year $221,134$510,697
X-16 Total assetsStart of year $1,087,720$1,057,250
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $309,982$262,029
X-28 Net assets with donor restrictionsStart of year $777,738$795,221
X-32 Total net assets or fund balancesStart of year $1,087,720$1,057,250
X-33 Total liabilities and net assetsStart of year $1,087,720$1,057,250
Part XI · Reconciliation of net assets $1,057,250 net assets at year end
XI-1 Total revenue$816,624
XI-2 Total expenses$845,953
XI-3 Revenue less expenses−$29,329
XI-4 Net assets at start of year$1,087,720
XI-5 Net unrealized gains (losses) on investments−$1,141
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,057,250

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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