World Neighbors Inc

Organization Overview

World Neighbors Inc is located in Oklahoma City, OK. The organization was established in 1957. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, World Neighbors Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Neighbors Inc 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 06/2022, World Neighbors Inc generated $3.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $3.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION: WORLD NEIGHBORS INSPIRES PEOPLE AND STRENGTHENS COMMUNITIES TO FIND LASTING SOLUTIONS TO HUNGER, POVERTY AND DISEASE, AND TO PROMOTE A HEALTHY ENVIRONMENT.OUR PURPOSE: WORLD NEIGHBORS' PURPOSE IS TO STRENGTHEN THE CAPACITY OF MARGINALIZED COMMUNITIES TO MEET THEIR BASIC NEEDS AND TO DETERMINE AND SUSTAIN AN EQUITABLE AND INCLUSIVE DEVELOPMENT PROCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM SERVICE ACCOMPLISHMENTS INCLUDE INTERNATIONAL PROGRAMS, PUBLIC EDUCATION, OVERSEAS PROGRAM SERVICES AND PROGRAM FAMILIARIZATION.OUR RATIO OF PROGRAM/ADMINISTRATIVE EXPENSES IS APPROXIMATELY 83%/17%. THERE ARE A NUMBER OF REALITIES THAT LEAD WORLD NEIGHBORS TO THIS PROGRAM/ADMINISTRATIVE RATIO: 1)WE RELY ON NUMEROUS SMALL,INDIVIDUAL DONORS AND FOUNDATIONS FOR OUR FINANCIAL SUPPORT AND REQUIRE MORE TIME BY STAFF TO SUPPORT THESE RELATIONSHIPS. THIS REALITY HAS ALLOWED US TO DEVELOP OUR UNIQUE AND HIGHLY SUCCESSFUL PROGRAM METHODOLOGY THAT IS NOT DRIVEN BY ANY ONE PERSON'S OR ORGANIZATION'S AGENDA. 2) OUR PROGRAM IS DELIVERED BY THOUSANDS OF COMMUNITY VOLUNTEERS WHO CARRY OUT PROJECTS FOR THEMSELVES. THESE EFFORTS ARE NOT REFLECTED IN DOLLARS, THUS KEEPING OUR PROGRAM COSTS LOW. WE ALSO DO NOT CONSTRUCT BUILDINGS OR PROVIDE OTHER EQUIPMENT OR FACILITIES - COSTS THAT TYPICALLY BOOST PROGRAM COSTS TO HIGHER LEVELS.


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Board, Officers & Key Employees

Name (title)Compensation
Kate Schecter PHD
President & CEO
$225,581
Robert Lachance CPA
CFO
$133,294
Susan Chambers MD
Board Chair
$0
Becky Collins
Vice-Chair
$0
Vlad Sambaiew
Treasurer
$0
Emily Estes
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$3,074
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $576,123
All other contributions, gifts, grants, and similar amounts not included above$3,106,971
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,686,168
Total Program Service Revenue$0
Investment income $283,189
Tax Exempt Bond Proceeds $0
Royalties $12,694
Net Rental Income $0
Net Gain/Loss on Asset Sales $263,835
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,387,870

Grants Recieved

Over the last fiscal year, we have identified 1 grants that World Neighbors Inc has recieved totaling $3,650.

Awarding OrganizationAmount
Baldridge Family Foundation

Champaign, IL

PURPOSE: GREATEST NEEDS

$3,650
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,888,859
Earnings-$798,553
Net Contributions$167,176
Other Expense$185,000
Ending Balance$5,072,482

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