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Nonprofiteer
← PARTNERS WORLDWIDE

Form 990 for tax year 2023

Filed by PARTNERS WORLDWIDE.

Totals

Total revenue
$5,491,878
Total expenses
$5,476,501
Contributions and grants received
$5,027,036
Grants paid
$1,078,676
Program service revenue
$33,107
Investment income
$424,498
Other revenue
$7,237
Total assets, end of year
$18,573,569
Total liabilities, end of year
$789,803
Net assets or fund balances, end of year
$17,783,766
Program services expenses (Part IX)
$4,388,531
Management and general expenses
$543,192
Fundraising expenses
$544,778
Program service expenses (Part III)
$4,388,531

Program services were 80.1% 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.

  • 1a · Federated campaigns

    $50,000

  • 1d · Related organizations

    $303,974

  • 1f · All other contributions, gifts and grants

    $4,673,062

  • 2a · Program service revenue: Management fee - related org

    total $33,107 · related or exempt $33,107

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $338,785 · excluded $338,785

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $1,904,970

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

    securities $1,819,257

  • 7c · Gain or loss

    securities $85,713 · other assets $0

  • 7d · Net gain or loss

    total $85,713 · excluded $85,713

  • 11d · All other revenue

    total $7,237 · related or exempt $7,237 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $7,237

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $1,078,676 · program services $1,078,676

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $234,498 · program services $133,131 · management and general $31,754 · fundraising $69,613

  • 7 · Other salaries and wages

    total $2,115,809 · program services $1,690,366 · management and general $123,409 · fundraising $302,034

  • 8 · Pension plan contributions

    total $29,365 · program services $12,276 · management and general $7,261 · fundraising $9,828

  • 9 · Other employee benefits

    total $98,486 · program services $41,171 · management and general $24,354 · fundraising $32,961

  • 10 · Payroll taxes

    total $90,803 · program services $37,959 · management and general $22,454 · fundraising $30,390

  • 11c · Fees: accounting

    total $41,404 · management and general $41,404

  • 11g · Fees: other

    total $27,628 · program services $18,728 · management and general $8,900 · fundraising $0

  • 12 · Advertising and promotion

    total $8,037 · program services $1,767 · management and general $4,251 · fundraising $2,019

  • 13 · Office expenses

    total $410,664 · program services $400,203 · management and general $10,253 · fundraising $208

  • 14 · Information technology

    total $73,887 · management and general $73,887

  • 16 · Occupancy

    total $73,874 · program services $42,836 · management and general $7,498 · fundraising $23,540

  • 17 · Travel

    total $549,824 · program services $497,736 · management and general $18,112 · fundraising $33,976

  • 19 · Conferences, conventions and meetings

    total $38,868 · program services $32,480 · management and general $6,383 · fundraising $5

  • 20 · Interest

    total $5,751 · management and general $5,751

  • 22 · Depreciation, depletion and amortization

    total $63,509 · program services $12,145 · management and general $43,919 · fundraising $7,445

  • 23 · Insurance

    total $17,356 · program services $3,319 · management and general $12,002 · fundraising $2,035

  • 24a · Other expenses: Field development

    total $335,620 · program services $335,620

  • 24b · Other expenses: Operations

    total $182,442 · program services $50,118 · management and general $101,600 · fundraising $30,724

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $48,628 · end of year $5,839

  • 2 · Savings and temporary cash investments

    beginning of year $385,888 · end of year $840,857

  • 3 · Pledges and grants receivable

    beginning of year $129,194 · end of year $162,872

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

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

    $1,138,813

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

    $426,913

  • 10c · Land, buildings and equipment, net

    beginning of year $722,621 · end of year $711,900

  • 12 · Investments: other securities

    beginning of year $13,137,824 · end of year $12,223,855

  • 13 · Investments: program-related

    beginning of year $3,406,166 · end of year $4,032,984

  • 15 · Other assets

    beginning of year $501,234 · end of year $595,262

  • 17 · Accounts payable and accrued expenses

    beginning of year $238,982 · end of year $244,823

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $1,017,980 · end of year $544,980

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $12,769,796 · end of year $15,482,374

  • 28 · Net assets with donor restrictions

    beginning of year $4,304,797 · end of year $2,301,392

Mission and programs · 2023

Mission

Connecting business and professional people in global partnerships focused on business growth and job creation which transform the lives of all involved.

Activities or mission (Part I)

Creating global partnerships focused on business growth and job creation.

  • Partners Worldwide builds relational partnerships between business people around the world focused on business growth and job creation to alleviate poverty. Partners Worldwide provides facilitation support to these partnerships through a model of mentoring, training, loan capital, and advocacy. The partnerships have resulted in the creation of 47,844 jobs in 2023/2024 and the retention of 755,510 jobs.

    Expenses $4,388,531 · Grants $1,078,676 · Revenue $40,344

As filed on the 2023 return.

Listed in Part VII

  • Eric Van Vugt

    Secretary / Director

    Total calculated
    $0
    Hours/week
    2
  • Hessel Kielstra

    Board Chair / Director

    Total calculated
    $0
    Hours/week
    2
  • Kim Dooyema

    Treasurer / Director

    Total calculated
    $0
    Hours/week
    2
  • Marianne To

    Vice President

    Total calculated
    $0
    Hours/week
    5
  • Anton Donkers

    Director

    Total calculated
    $0
    Hours/week
    2
  • Cathy Lee

    Director

    Total calculated
    $0
    Hours/week
    2
  • Christudas Victor

    Director

    Total calculated
    $0
    Hours/week
    2
  • Martin Kalsbeek

    Director

    Total calculated
    $0
    Hours/week
    2
  • Matt Haak

    Director

    Total calculated
    $0
    Hours/week
    2
  • Pellagia Gambiza

    Director

    Total calculated
    $0
    Hours/week
    2
  • Rose Gacias

    Director

    Total calculated
    $0
    Hours/week
    2
  • Rosie Haak

    Director

    Total calculated
    $0
    Hours/week
    2
  • Salome Agbaji

    Director

    Total calculated
    $0
    Hours/week
    2
  • Will Oliver

    Director

    Total calculated
    $0
    Hours/week
    2
  • Bruce Gerber

    Director of Finance

    Total calculated
    $99,331
    From this org
    $79,771
    From related orgs
    $0
    Other
    $19,560
    Hours/week
    50
  • Robert Vryhof

    President & CEO

    Total calculated
    $140,374
    From this org
    $124,772
    From related orgs
    $0
    Other
    $15,602
    Hours/week
    50

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.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • Partners Worldwide Canada

    501(c)(3) · Fight Poverty · CA · controlled entity

    Directly controlled by Partners Worldwide

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • PW Entrepreneurs L3C

    Related · Further the accomplishment of the charitable purposes of Partners Worldwide · MI · share of assets $1,326,377 · general or managing partner

    Directly controlled by Partners Worldwide

Provenance

Return type
form_990
Tax year
2023
Filed
23 April 2025
IRS schema version
2023v6.0
Source object
202531139349301428

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