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Nonprofiteer
← World Environment Center Inc

Form 990 for tax year 2024

Filed by World Environment Center Inc.

Totals

Total revenue
$681,268
Total expenses
$1,060,163
Contributions and grants received
$666,634
Grants paid
$227,288
Program service revenue
$0
Investment income
$0
Other revenue
$14,634
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$1,004,092
Management and general expenses
$56,071
Fundraising expenses
$0
Program service expenses (Part III)
$1,004,092

Program services were 94.7% 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.

  • 1e · Government grants (contributions)

    $666,634

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: Miscellaneous

    total $14,634 · related or exempt $14,634

  • 11e · Other revenue, total

    $14,634

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $227,288 · program services $227,288

  • 5 · Compensation of officers, directors and key employees

    total $59,258 · program services $59,258

  • 8 · Pension plan contributions

    total $1,317 · program services $1,317

  • 9 · Other employee benefits

    total $5,331 · program services $5,331

  • 10 · Payroll taxes

    total $6,277 · program services $6,277

  • 11b · Fees: legal

    total $15,000 · management and general $15,000

  • 11c · Fees: accounting

    total $29,625 · management and general $29,625

  • 11g · Fees: other

    total $593,854 · program services $593,041 · management and general $813

  • 13 · Office expenses

    total $16,894 · program services $16,116 · management and general $778

  • 17 · Travel

    total $3,961 · program services $3,692 · management and general $269

  • 19 · Conferences, conventions and meetings

    total $19,910 · program services $17,260 · management and general $2,650

  • 22 · Depreciation, depletion and amortization

    total $7,762 · program services $4,387 · management and general $3,375

  • 23 · Insurance

    total $3,016 · program services $710 · management and general $2,306

  • 24a · Other expenses: Coordinator Fees

    total $68,909 · program services $68,909

  • 24b · Other expenses: Bank and Miscellaneous Fees

    total $1,761 · program services $506 · management and general $1,255

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $348,075

  • 3 · Pledges and grants receivable

    beginning of year $206,532

  • 4 · Accounts receivable

    beginning of year $20,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,644

  • 10c · Land, buildings and equipment, net

    beginning of year $7,762

  • 15 · Other assets

    beginning of year $5,147

  • 17 · Accounts payable and accrued expenses

    beginning of year $100,541

  • 25 · Other liabilities

    beginning of year $113,724

  • 27 · Net assets without donor restrictions

    beginning of year $378,895

Mission and programs · 2024

Mission

WEC is a global, non-profit, non-advocacy organization whose mission is to advance sustainable development through the business strategies and operations of member companies in partnership with government, non-governmental organizations and other stakeholders.

  • Continued work on EIC grant until programing was put on hold to be reviewed by State Department due to changes in grant requirements.

    Expenses $1,004,092 · Grants $227,288

As filed on the 2024 return.

Listed in Part VII

  • Margaret OGorman

    President & CEO

    Total calculated
    $60,000
    From this org
    $60,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Lauren Hopkins

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Donna Venable

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Kevin Butt

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Karen Westley

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Lars Murawski

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Exequiel Rolon

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Eunice Heath

    Vice Chairman

    Total calculated
    $0
    Hours/week
    1

  • Sheryl Telford

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Emilio Tenuta

    Chairman

    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.

Grants on this return

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

  • Tandem Global

    $227,288

    Liquidation · Termination · Dec 31, 2024 · 501C3

Provenance

Return type
form_990
Tax year
2024
Filed
5 March 2026
IRS schema version
2024v5.2
Source object
202610659349300616

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