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Nonprofiteer
← WORLD OUTREACH FUND

Form 990 for tax year 2022

Filed by WORLD OUTREACH FUND.

Totals

Total revenue
$4,163,405
Total expenses
$3,705,233
Contributions and grants received
$3,669,020
Grants paid
$2,812,784
Program service revenue
$0
Investment income
$494,385
Other revenue
$0
Total assets, end of year
$26,294,517
Total liabilities, end of year
$92,927
Net assets or fund balances, end of year
$26,201,590
Program services expenses (Part IX)
$3,327,780
Management and general expenses
$375,771
Fundraising expenses
$1,682
Program service expenses (Part III)
$3,327,780

Program services were 89.8% 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

    $48,125

  • 1f · All other contributions, gifts and grants

    $3,620,895

  • 3 · Investment income

    total $680,473 · related or exempt $680,473

  • 7a · Gross sales of assets other than inventory

    securities $2,897,160

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

    securities $3,083,248

  • 7c · Gain or loss

    securities -$186,088

  • 7d · Net gain or loss

    total -$186,088 · excluded -$186,088

  • 8a · Fundraising events: gross income

    $0

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

    $48,125

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,812,784 · program services $2,812,784

  • 5 · Compensation of officers, directors and key employees

    total $266,494 · program services $74,751 · management and general $191,743

  • 7 · Other salaries and wages

    total $45,000 · management and general $45,000

  • 9 · Other employee benefits

    total $9,718 · program services $2,332 · management and general $7,386

  • 10 · Payroll taxes

    total $23,634 · program services $5,672 · management and general $17,962

  • 11b · Fees: legal

    total $4,800 · management and general $4,800

  • 11c · Fees: accounting

    total $12,500 · management and general $12,500

  • 11g · Fees: other

    total $27,646 · management and general $27,646

  • 12 · Advertising and promotion

    total $1,682 · fundraising $1,682

  • 13 · Office expenses

    total $14,334 · management and general $14,334

  • 17 · Travel

    total $13,890 · program services $6,945 · management and general $6,945

  • 23 · Insurance

    total $15,453 · management and general $15,453

  • 24a · Other expenses: PROGRAM EXPENSES

    total $281,225 · program services $281,225

  • 24b · Other expenses: LOSS ALLOCATION FROM PA

    total $144,071 · program services $144,071

  • 24c · Other expenses: OTHER ADMINISTRATIVE

    total $31,949 · management and general $31,949

  • 24d · Other expenses: LICENSES AND REGISTRATI

    total $53 · management and general $53

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,512,211 · end of year $2,456,463

  • 4 · Accounts receivable

    end of year $10,961

  • 7 · Other notes and loans receivable

    beginning of year $31,715,406 · end of year $18,997,535

  • 9 · Prepaid expenses and deferred charges

    beginning of year $139,496 · end of year $161,543

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

    $244,000

  • 10c · Land, buildings and equipment, net

    beginning of year $436,000 · end of year $244,000

  • 11 · Investments: publicly traded securities

    beginning of year $4,201,885 · end of year $3,704,685

  • 12 · Investments: other securities

    beginning of year $804,820 · end of year $719,330

  • 15 · Other assets

    beginning of year $3,750,375 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,822 · end of year $0

  • 25 · Other liabilities

    beginning of year $92,927 · end of year $92,927

  • 27 · Net assets without donor restrictions

    beginning of year $42,465,444 · end of year $26,201,590

Mission and programs · 2022

Mission

Withheld by Nonprofiteer: this text may name a private individual.

Activities or mission (Part I)

Withheld by Nonprofiteer: this text may name a private individual.

  • TO PROVIDE SUPPORT TO OTHER QUALIFYING CHARITABLE ORGANIZATIONS IN ORDER TO FURTHER THE HUMANITARIAN OUTREACH MISSIONS OF THE ORGANIZATION.

    Expenses $3,327,780 · Grants $2,812,784

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Gerald E Eickhoff

    PRESIDENT/DIRECTOR

    Total calculated
    $155,000
    From this org
    $155,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $155,000

  • Joseph F Glenn

    VICE PRESIDENT

    Total calculated
    $39,490
    From this org
    $39,490
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Reynolds Delisle

    EXECUTIVE DIRECTOR

    Total calculated
    $72,000
    From this org
    $72,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Neill Faucett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Terri Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bill Neidlinger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Durwood Snead

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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 · 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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
9 November 2023
IRS schema version
2022v5.0
Source object
202303139349301300

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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