Cable & Wireless Charitable Foundation INC FY2023 filing

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Enabling progress and building more resilient communities so that people in the caribbean and latin america can thrive.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-2831410) · Dispute this line
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

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $190K a year · 40% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
513.6 mo
of spending, in cash
513.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$11K
1% of total assets
Liabilities are 1% of assets.
Pt X · Ln 26
Independent board members
3
of 9 voting members
3 of 9 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$583K
-12% vs prior year
Spent
$23K
To programs
100%
Net assets
$1.1M
By yearFY2020–FY2024
Revenue
$583K
FY2023▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2020$568K
FY2021$443K
FY2022$664K
FY2023$583K
FY2024$122K
Expenses
$23K
FY2023▼ -96%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.8M
FY2021$639K
FY2022$566K
FY2023$23K
FY2024$310K
Net assets
$1.1M
FY2023▲ +102%
Tap a bar for its year
Net assets by fiscal year
FY2020$677K
FY2021$481K
FY2022$555K
FY2023$1.1M
FY2024$1.0M

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 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 Jan 2020.

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% · $23K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation
Chairman & Director
$0Pt VII · Sec A
Secretary & Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director (until 06/23)
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director (as of 06/23)
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Denise Williams’s $198K as President (until 6/20) is at the 98th percentile of top reported officer pay among 1637 $100K–1M international 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.

See Cable & Wireless Charitable Foundation 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 15aNo

Programs and updates

Empowering progress and building resilient communities for thriving people in the Caribbean and Latin America.

Questions for Cable & Wireless Charitable Foundation INC

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1 program · $11K · in their own filed words · FY2023
01

In the current year, the Foundation has supported connectivity and education in schools by donating computers and other technology equipment in St. Vincent & the Grenadines and Trinidad. The Foundation has also funded a digital literacy program as a part of Cable & Wireless Communications, LLC's low-income broadband initiative in St.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-2831410) · Dispute this line
$11Kprogram 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 · FY2021
Total grants receivedfrom 1 funder$15K
Grants paid · 1 grant · $10K · 2020–2020

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$583K
Ln 12
Gifts and grantsLn 1h$721K
Money outPt IX
$23K
Ln 25
Programscol B$23K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$982K
Total assetsLn 16$1.1M
LiabilitiesLn 26$11K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$721K
Fundraising eventsLn 1c$338K
Total revenueLn 12$583K
Assets in detailPt X, end of year
CashLn 1$982K
Cash and savings togetherLn 1–2$982K
Pledges and grants receivableLn 3$150K
Total assetsLn 16$1.1M
LiabilitiesLn 26$11K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$11K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$625K$982K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$625K$1.1M
LiabilitiesLn 26$70K$11K
Net assetsLn 32$555K$1.1M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$11K$11K
Benefits paid to or for membersLn 4$0$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Other expenses (24a–d)Ln 24$12K$12K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$23K$23K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 14, 2025 $122K$310K−$188K$1.0M 990 PDF
FY2023 ViewingFiled with the IRS Nov 15, 2024 $583K$23K$560K$1.1M 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $664K$566K$98K$555K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $443K$639K−$196K$481K 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $568K$1.8M−$1.2M$677K 990 PDF

Schedules filed Part IV

A · Public support F · Foreign I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $583,049 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $759,027$721,325
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year −$95,058−$138,276
I-12 Total revenuePrior year $663,969$583,049
I-13 Grants and similar amounts paidPrior year $559,612$11,200
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $6,002$11,743
I-18 Total expensesPrior year $565,614$22,943
I-19 Revenue less expensesPrior year $98,355$560,106
Part VI · Governance 3 of 9 board members independent, 4 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $583,049 across 6 lines filed
VIII-1c Fundraising events$337,770
VIII-1d Related organizations$300,000
VIII-1f All other contributions, gifts and grants$83,555
VIII-1h Total contributions, gifts and grants$721,325
VIII-8 Net income from fundraising eventsExcluded from tax −$138,276−$138,276
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$138,276$583,049
Part IX · Statement of functional expenses $22,943 across 6 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $11,200$11,200
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-24 Other expenses (24a–d)Programs $11,743$11,743
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $22,943 · Management $0 · Fundraising $0$22,943
Part X · Balance sheet $1,131,939 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $624,831$981,939
X-3 Pledges and grants receivable$150,000
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $624,831$1,131,939
X-17 Accounts payable and accrued expensesStart of year $70,150$11,200
X-22 Loans from officers and insidersStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $70,150$11,200
X-27 Net assets without donor restrictionsStart of year $554,681$1,120,739
X-32 Total net assets or fund balancesStart of year $554,681$1,120,739
X-33 Total liabilities and net assetsStart of year $624,831$1,131,939
Part XI · Reconciliation of net assets $1,120,739 net assets at year end
XI-1 Total revenue$583,049
XI-2 Total expenses$22,943
XI-3 Revenue less expenses$560,106
XI-4 Net assets at start of year$554,681
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$5,952
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,120,739

Form 990 e-file FY2023 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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