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Nonprofiteer
← WORLD CONNECT INC

Form 990 for tax year 2024

Filed by WORLD CONNECT INC.

Totals

Total revenue
$3,475,765
Total expenses
$2,298,794
Contributions and grants received
$3,440,151
Grants paid
$499,056
Program service revenue
$0
Investment income
$21,266
Other revenue
$14,348
Total assets, end of year
$2,441,613
Total liabilities, end of year
$154,517
Net assets or fund balances, end of year
$2,287,096
Program services expenses (Part IX)
$1,713,879
Management and general expenses
$267,989
Fundraising expenses
$316,926
Program service expenses (Part III)
$1,713,879

Program services were 74.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $758,384

  • 1e · Government grants (contributions)

    $9,000

  • 1f · All other contributions, gifts and grants

    $2,672,767

  • 3 · Investment income

    total $29,181 · excluded $29,181

  • 7a · Gross sales of assets other than inventory

    securities $975,275

  • 7b · Less cost or other basis and sales expenses

    securities $983,190

  • 7c · Gain or loss

    securities -$7,915

  • 7d · Net gain or loss

    total -$7,915 · excluded -$7,915

  • 8a · Fundraising events: gross income

    $74,532

  • 8a · Fundraising events: contributions included on line 1c

    $758,384

  • 8b · Fundraising events: direct expenses

    $78,812

  • 8c · Net income from fundraising events

    total -$4,280

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $16,415 · excluded $16,415

  • 11b · Other revenue: GAIN ON FOREIGN CURRENCY TRAN

    total $2,213 · excluded $2,213

  • 11e · Other revenue, total

    $18,628

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $125,000 · program services $125,000

  • 3 · Grants to foreign organizations and individuals

    total $374,056 · program services $374,056

  • 5 · Compensation of officers, directors and key employees

    total $249,151 · program services $191,847 · management and general $12,456 · fundraising $44,848

  • 7 · Other salaries and wages

    total $896,616 · program services $611,026 · management and general $155,427 · fundraising $130,163

  • 8 · Pension plan contributions

    total $2,836 · program services $2,836

  • 9 · Other employee benefits

    total $4,846 · program services $3,598 · management and general $923 · fundraising $325

  • 10 · Payroll taxes

    total $63,751 · program services $40,548 · management and general $12,334 · fundraising $10,869

  • 11b · Fees: legal

    total $541 · program services $541

  • 11c · Fees: accounting

    total $27,934 · program services $2,994 · management and general $24,940

  • 11g · Fees: other

    total $169,452 · program services $121,924 · management and general $6,492 · fundraising $41,036

  • 13 · Office expenses

    total $90,888 · program services $46,560 · management and general $2,516 · fundraising $41,812

  • 14 · Information technology

    total $49,547 · program services $29,411 · management and general $18,265 · fundraising $1,871

  • 17 · Travel

    total $137,205 · program services $104,501 · management and general $3,709 · fundraising $28,995

  • 22 · Depreciation, depletion and amortization

    total $35,747 · program services $24,687 · management and general $8,207 · fundraising $2,853

  • 23 · Insurance

    total $18,519 · program services $15,311 · management and general $3,208

  • 24a · Other expenses: MISCELLANEOUS

    total $35,479 · program services $7,508 · management and general $14,342 · fundraising $13,629

  • 24b · Other expenses: DUES AND SUBSCRIPTION

    total $17,226 · program services $11,531 · management and general $5,170 · fundraising $525

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $432,990 · end of year $789,322

  • 2 · Savings and temporary cash investments

    beginning of year $1,732 · end of year $240,170

  • 3 · Pledges and grants receivable

    beginning of year $358,489 · end of year $1,019,151

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,602 · end of year $5,711

  • 10a · Land, buildings and equipment: cost or other basis

    $87,727

  • 10b · Land, buildings and equipment: accumulated depreciation

    $19,192

  • 10c · Land, buildings and equipment, net

    beginning of year $53,322 · end of year $68,535

  • 11 · Investments: publicly traded securities

    beginning of year $477,154 · end of year $235,508

  • 14 · Intangible assets

    beginning of year $102,216 · end of year $81,115

  • 15 · Other assets

    end of year $2,101

  • 17 · Accounts payable and accrued expenses

    beginning of year $307,567 · end of year $154,517

  • 19 · Deferred revenue

    beginning of year $11,065

  • 27 · Net assets without donor restrictions

    beginning of year $533,143 · end of year $716,728

  • 28 · Net assets with donor restrictions

    beginning of year $585,730 · end of year $1,570,368

Mission and programs · 2024

Mission

WORLD CONNECT ACTIVATES POWER INSIDE COMMUNITIES BY CO-INVESTING WITH THEM TO ADVANCE DEVELOPMENT ON THEIR TERMS, SUPPORTING A VIRTUOUS CYCLE OF DEVELOPMENT THAT DRIVES EFFECTIVE AND SUSTAINED PROGRESS FROM INSIDE COMMUNITIES.

  • WORLD CONNECT AWARDED 374,056 IN GRANTS IN 2024 FOR 79 PROJECTS THAT PROMOTE HEALTH, PROTECT THE ENVIRONMENT, INCREASE EDUCATION AND ECONOMIC OPPORTUNITY, AND ACCESS TO COMMUNITY SERVICES WITH A FOCUS ON WOMEN AND CHILDREN. WORLD CONNECT WORKS WITH STRATEGIC PARTNERS IN THE FIELD WHO ARE WELL POSITIONED TO SUPPORT GENUINE GRASSROOTS LEADERSHIP AND PROJECT DEVELOPMENT. WORLD CONNECT PROJECTS MUST BE LOCALLY LED AND DEMONSTRATE THE PROMISE OF PROMOTING FURTHER COMMUNITY LED DEVELOPMENT. GRANTS WERE PROVIDED TO GRANTEES LOCATED IN MALAWI, RWANDA, NIGERIA, ECUADOR, AND KENYA.

    Expenses $1,446,707

  • WORLD CONNECT LAUNCHED THE NYC CONNECT PROGRAM IN 2022. IT AWARDED 125,000 IN GRANTS IN 2024 FOR 5 PROJECTS THAT PROMOTE HEALTH, PROTECT THE ENVIRONMENT, INCREASE EDUCATION AND ECONOMIC OPPORTUNITY, AND ACCESS TO COMMUNITY SERVICES. NYC CONNECT GRANTEES INCLUDED NON-PROFITS, LLCS, AND FISCALLY SPONSORED GROUPS.

    Expenses $267,172 · Grants $125,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • PAMELA NATHENSON

    EXECUTIVE DI

    Total calculated
    $249,151
    From this org
    $211,606
    From related orgs
    $0
    Other
    $37,545
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $211,606
    Bonus
    not reported
    Other
    not reported
    Deferred
    $8,953
    Nontaxable benefits
    $28,592
    Filer's total
    $249,151

  • CHRISTINE LACKOWSKI

    CHIEF OPERAT

    Total calculated
    $196,887
    From this org
    $175,000
    From related orgs
    $0
    Other
    $21,887
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $175,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,250
    Nontaxable benefits
    $16,637
    Filer's total
    $196,887

  • PATRICK HIGDON

    GLOBAL DIREC

    Total calculated
    $156,640
    From this org
    $149,738
    From related orgs
    $0
    Other
    $6,902
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,738
    Bonus
    not reported
    Other
    not reported
    Deferred
    $1,252
    Nontaxable benefits
    $5,650
    Filer's total
    $156,640

  • KATHRYN MURPHY

    GLOBAL DIR.

    Total calculated
    $151,602
    From this org
    $129,600
    From related orgs
    $0
    Other
    $22,002
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,600
    Bonus
    not reported
    Other
    not reported
    Deferred
    $3,888
    Nontaxable benefits
    $18,114
    Filer's total
    $151,602

  • GEORGE BIDDLE

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    4

  • STEPHANIE CABOT

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • JAMES HUNT

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • COURTENAY CABOT VENTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CLARA BINGHAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROBERT HECHT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SEAN REILLY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GLEN DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHRISTOPH BECKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JACK SULLIVAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • AYANNA WAYNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JULIA HANEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN COUMANTAROS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JJ RAMBERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • REHMAH KASULE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TAMALA CHIRWA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MORAG NEILL-JOHNSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • AMEDEE PROUVOST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ARUM LEE LANSEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANATOLE MANZI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANDREA SCHWARTZMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ELLEN GOLDBERG

    DIRECTOR, ST

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
3 November 2025
IRS schema version
2024v5.0
Source object
202543179349308014

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