Dearworld Org INC FY2024 filing

Tax-deductible

Salt Lake City, UT501(c)(3)Arts & CultureEIN 46-4910102

We create stories that educate and promote understanding across cultures regardless of religion, race, or language. We accomplish this by telling the stories of people across the globe in photo, video, and audio format believing that everyone has a story worth telling.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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 $23K a year · 61% 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
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 7.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$222
0.09% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$31K
-48% vs prior year
Spent
$19K
To programs
74%
Net assets
$243K
By yearFY2020–FY2025
Revenue
$31K
FY2024▼ -48%
Revenue by fiscal year
FY2020$14K
FY2021$104K
FY2022$10K
FY2023$60K
FY2024$31K
FY2025$10K
Expenses
$19K
FY2024▼ -58%
Expenses by fiscal year
FY2020$130K
FY2021$52K
FY2022$106K
FY2023$45K
FY2024$19K
FY2025$16K
Net assets
$243K
FY2024▲ +5%
Net assets by fiscal year
FY2020$243K
FY2021$306K
FY2022$211K
FY2023$230K
FY2024$243K
FY2025$242K

From the FY2024 Form 990 · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CDearworld Org INC
EINHdr · item D46-4910102
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 2015
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CSalt Lake City, UT
NTEE classificationIRS BMFArts & Culture (A84)
WebsiteHdr · item Jdearworld.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.10 Fundraising $0.16
Program services74%$14K
Management & general10%$2K
Fundraising16%$3K
Total functional expensesLn 25$19K

Financial health

Is it on solid ground?

Program efficiency
74%
of spending reaches programs
Operating runway
155.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+40%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$243K
FY2024▲ +3%
Total assets by fiscal year
FY2020$249K
FY2021$307K
FY2022$231K
FY2023$236K
FY2024$243K
FY2025$242K
Total liabilities
$222
FY2024▼ -96%
Total liabilities by fiscal year
FY2020$6K
FY2021$216
FY2022$21K
FY2023$6K
FY2024$222
FY2025$98
Revenue less expensesPt I · Ln 19$12K
Total assetsPt X · Ln 16$243K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Balance Sheet

Part X · end of year
CashLn 1$12K
Total assetsLn 16$243K
Total liabilitiesLn 26$222
Total net assetsLn 32$243K
Months of cash on handcomputed7.6

Statement of Revenue

Part VIII
Investment income$18K · 59%
Contributions & grants$8K · 27%
Program service revenue$4K · 14%
Investment income59%$18K
Contributions & grants27%$8K
Program service revenue14%$4K
Total revenueLn 12$31K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $243K · Operating expenses/yr $19K
155.9 months
Where the money goes
Program services
Program services $14K · Total expenses $19K
74%
Management & General
Management & general $2K · Total expenses $19K
10%
Fundraising
Fundraising $3K · Total expenses $19K
16%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $23K
$0.18 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $8K · Total revenue $31K
27%
Government reliance
Government grants — · Total revenue $31K
—
Earned-income share
Program service revenue $4K · Total revenue $31K
14%
Investment reliance
Investment income $18K · Total revenue $31K
+59%
Program self-sufficiency
Program service revenue $4K · Total expenses $19K
24%
Growth & trend
Revenue growth (YoY)
This year $31K · Prior year $60K
-48%
Net-asset trend (YoY)
End of year $243K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $31K · Expenses $19K
+40%
Liabilities-to-Assets
Total liabilities — · Total assets $243K
—
Net-asset ratio
Net assets $243K · Total assets $243K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $231K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $243K
95%
People & payroll
Highest Reported Total Compensation
Individual Robert Fogarty · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $19K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $19K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%——
Overhead ratio 10%——
Fundraising cost ratio 35%——
Revenue growth -48%——
Legal fee ratio 8%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Dearworld Org INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 3Voting board membersPt VI · Ln 1a
  • 3Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Creates and shares global stories through photo, video, and audio to foster cultural understanding.

Provided by the organization

This section is blank until Dearworld Org INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $14K of program spending, described in the organization's own filed words · FY2024.
01

Dear World made a stand to commomerate Mary Beths life, stories and paintings while giving the opportunity to New Orleans artists to display their paintings on the Mary Beths walls for people who stay there to buy. The Mary Beth, like New Orleans, is for people who believe its never too late to rewrite your own stories.

$14Kprogram expense

Run this program? Claim this org to tell your story

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $10K$16K-68% 990 PDF
FY2024 Viewing $31K$19K-48% 990 PDF
FY2023 $60K$45K+475% 990 PDF
FY2022 $10K$106K-90% 990 PDF
FY2021 $104K$52K+624% 990 PDF
FY2020 $14K$130K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2024

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $18,694 across 7 lines filed
IX-2 Grants to domestic individualsPrograms $2,395$2,395
IX-11b Legal feesPrograms $1,554$1,554
IX-11g Other fees for servicesPrograms $9,100 · Fundraising $3,000$12,100
IX-12 Advertising and promotionPrograms $240$240
IX-13 Office expensesManagement $79$79
IX-14 Information technologyPrograms $624$624
IX-24 Other expenses (24a–d)Management $1,702$1,702
IX-25 Total functional expensesPrograms $13,913 · Management $1,781 · Fundraising $3,000$18,694

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Dearworld Org INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.