World Education And Development Fund
- Assets
- $2.6m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 07/2003
- Data as of
- 09/2022
- EIN
- 03-0483824
Organization Overview
World Education And Development Fund, operating under the name Educando, is located in New York, NY. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educando is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Educando generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $1.7m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STEM BRAZIL:STEM BRAZIL DEVELOPS STUDENTS' SKILLS AND ABILITIES IN ORDER TO BETTER ALLOW THEM TO FACE CURRENT AND FUTURE CHALLENGES IN OUR SOCIETY IN THE STEM AREAS, AND TO CONTRIBUTE TO THE SUSTAINABLE DEVELOPMENT OF THEIR COMMUNITIES.STEM BRAZIL TRAINS TEACHERS TO TEACH STEM SUBJECTS AND PROMOTE LEARNING METHODOLOGIES FOR THE CONSTRUCTION OF SKILLS FOCUSED ON THE DEVELOPMENT OF INNOVATIVE SOLUTIONS TO GLOBAL CHALLENGES, FOR THE INTEGRATION OF THEIR STUDENTS INTO A SCIENTIFIC, DIVERSIFIED AND TECHNOLOGICAL WORKFORCE.
STEM BRAZIL:STEM BRAZIL DEVELOPS IN STUDENTS SKILLS AND ABILITIES THAT ALLOWS THEM TO FACE CURRENT AND FUTURE CHALLENGES IN OUR SOCIETY IN THE STEM AREAS, TO CONTRIBUTE TO THE SUSTAINABLE DEVELOPMENT OF THEIR COMMUNITY.TRAINING TEACHERS TO TEACH STEM SUBJECTS AND PROMOTE LEARNING METHODOLOGIES FOR THE CONSTRUCTION OF SKILLS FOCUSED ON THE DEVELOPMENT OF INNOVATIVE SOLUTIONS TO GLOBAL CHALLENGES, FOR THE INTEGRATION OF THEIR STUDENTS INTO THE SCIENTIFIC, DIVERSIFIED AND TECHNOLOGICAL WORKFORCE.
LISTO MEXICO:LISTO MEXICO TRAINS SCHOOL PRINCIPALS AND SCHOOL COORDINATORS TO BE TRANSFORMATIONAL LEADERS, WITH THE NECESSARY SKILLS TO PROPOSE AND IMPLEMENT METHODOLOGIES THAT CONTRIBUTE TO THE IMPROVEMENT OF SCHOOL CULTURE.
LISTO MEXICO:LISTO MEXICO TRAINS SCHOOL PRINCIPALS AND SCHOOL COORDINATORS TO BE TRANSFORMATIONAL LEADERS, WITH THE NECESSARY SKILLS TO PROPOSE AND IMPLEMENT METHODOLOGIES THAT CONTRIBUTE TO THE IMPROVEMENT OF SCHOOL CULTURE.
STEM MEXICO:STEM MEXICO, DEVELOPS STUDENTS' SKILLS AND ABILITIES IN ORDER TO BETTER ALLOW THEM TO FACE CURRENT AND FUTURE CHALLENGES IN OUR SOCIETY IN THE STEM AREAS, AND TO CONTRIBUTE TO THE SUSTAINABLE DEVELOPMENT OF THEIR COMMUNITIES.STEM MEXICO, TRAINS TEACHERS TO TEACH STEM SUBJECTS AND PROMOTE LEARNING METHODOLOGIES FOR THE CONSTRUCTION OF SKILLS FOCUSED ON THE DEVELOPMENT OF INNOVATIVE SOLUTIONS TO GLOBAL CHALLENGES, FOR THE INTEGRATION OF THEIR STUDENTS INTO A SCIENTIFIC, DIVERSIFIED AND TECHNOLOGICAL WORKFORCE.
STEM MEXICO:STEM MEXICO DEVELOPS IN STUDENTS SKILLS AND ABILITIES THAT ALLOWS THEM TO FACE CURRENT AND FUTURE CHALLENGES IN OUR SOCIETY IN THE STEM AREAS, TO CONTRIBUTE TO THE SUSTAINABLE DEVELOPMENT OF THEIR COMMUNITY.TRAINING TEACHERS TO TEACH STEM SUBJECTS AND PROMOTE LEARNING METHODOLOGIES FOR THE CONSTRUCTION OF SKILLS FOCUSED ON THE DEVELOPMENT OF INNOVATIVE SOLUTIONS TO GLOBAL CHALLENGES, FOR THE INTEGRATION OF THEIR STUDENTS INTO THE SCIENTIFIC, DIVERSIFIED AND TECHNOLOGICAL WORKFORCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronaldo Stern Co-Chair | OfficerTrustee | 0.5 | $0 |
Tara Kenney Co-Chair | OfficerTrustee | 0.5 | $0 |
Mark Denham Secretary | OfficerTrustee | 0.5 | $0 |
Mary Bourque Director/finance Cmte Chair | Trustee | 0.5 | $0 |
Katherine Shea Westra Director/audit Cmte Chair | Trustee | 0.5 | $0 |
Jane Winslow Director/nom & Gov Chair | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rassias Center Language Studies | 9/29/20 | $130,397 |
Mandarin Oriental Llc Catering | 9/29/20 | $123,340 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $430,532 |
| Related organizations | $0 |
| Government grants | $57,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,216,137 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,704,269 |
| Total Program Service Revenue | $44,037 |
| Investment income | $52,234 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$190,143 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,618,572 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $235,457 |
| Compensation of current officers, directors, key employees. | $88,093 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $332,682 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,588 |
| Payroll taxes | $146,379 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,463 |
| Fees for services: Accounting | $119,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $424,709 |
| Advertising and promotion | $15,742 |
| Office expenses | $15,858 |
| Information technology | $30,416 |
| Royalties | $0 |
| Occupancy | $39,086 |
| Travel | $36,484 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $247 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,923 |
| Insurance | $11,692 |
| All other expenses | $16,682 |
| Total functional expenses | $1,674,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $387,912 |
| Savings and temporary cash investments | $1,957,437 |
| Pledges and grants receivable | $174,891 |
| Accounts receivable, net | $5,354 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $26,535 |
| Net Land, buildings, and equipment | $2,115 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,434 |
| Total assets | $2,556,678 |
| Accounts payable and accrued expenses | $114,040 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $114,040 |
| Net assets without donor restrictions | $907,952 |
| Net assets with donor restrictions | $1,534,686 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,556,678 |