World Forgotten Children Foundation
- Assets
- $233.6k
- Revenue
- $44.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Hershey, PA
- Founding
- 02/2002
- Data as of
- 06/2024
- EIN
- 25-1894417
Organization Overview
World Forgotten Children Foundation is located in Hershey, PA. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. World Forgotten Children Foundation 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 06/2024, World Forgotten Children Foundation generated $44.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $17.0k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, World Forgotten Children Foundation has awarded 22 individual grants totaling $117,620. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT NEW AND/OR EXISTING HEALTHCARE CLINICS BY PROVIDING SUPPLIES AND/OR GRANTS TO THE PROVISION OF HEALTHCARE SERVICES TO DISABLED AND ORPHANED CHILDREN
TO PROVIDE ADEQUATE DIETS FOR NEEDY CHILDREN THROUGH NUTRITIONAL AND PEDIATRIC PROGRAMS
TO PROVIDE REHABILITATION SERVICES AND EDUCATIONAL PROGRAMS TO NEEDY CHILDREN
TO PROVIDE HEALTHCARE-RELATED PROGRAMS SUCH AS AIR AND WATER PURIFICATION SYSTEMS AND HEATING SYSTEMS THAT INDIRECTLY CONTRIBUTE TO THE HEALTH AND WELL-BEING OF NEEDY CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mehdi Khosrowpour Executive Dir. | 0 | $0 | |
Olga Plotnikova Khosrow-Pour Director | 0 | $0 | |
Jamie Mcglaughlin Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $36,966 |
| Interest on Savings | $7,670 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,636 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $196 |
| Total operating and administrative expenses | $746 |
| Contributions, gifts, grants paid | $16,300 |
| Total expenses and disbursements | $17,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,587 |
| Savings and temporary cash investments | $200,000 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $233,587 |
| Accounts payable and accrued expenses | -$1 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, World Forgotten Children Foundation has awarded $16,300 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE POWER OF PLAY PURPOSE: SUPPORT EVERY CHILDS RIGHT TO LEARN AND DEVELOP THROUGH THE POWER OF PLAY | $6,300 |
LEMAN MANHATTAN PURPOSE: SUPPORT CHILDREN EDUCATION | $10,000 |