World Of Change
- Assets
- $112.0k
- Revenue
- $143.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Portland, ME
- Founding
- 08/2016
- Data as of
- 10/2021
- EIN
- 81-3486321
Organization Overview
World Of Change is located in Portland, ME. The organization was established in 2016. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Of Change 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 10/2021, World Of Change generated $143.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $182.2k during the year ending 10/2021. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR PURPOSE IS TWO-FOLD: WE EXIST TO EMPOWER, INSPIRE, AND STRENGTHEN COMMUNITIES BY HELPING EVERY INDIVIDUAL DISCOVER, UNDERSTAND, AND ACT ON THEIR CAPACITY TO DREAM OF AND CREATE MEANINGFUL CHANGE. 100% OF THE FUNDS COLLECTED GO DIRECTLY TO PROGRAMS WITH PARTNERS WHO ARE DOING LIFE CHANGING WORK IN THE AREAS OF HOUSING, FOOD SECURITY, EDUCATION, HEALTH AND WELLNESS, ANIMALS & NATURE, AND CHILDREN'S PLAY. PRIVATE DONORS AND SPONSORS COVER OUR OPERATING COSTS SO 100% OF ALL CHANGE COLLECTED GETS CONVERTED INTO IMPACT AND POSITIVE CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE MAKE CHANGE IN TWO WAYS: 1. WE USE SPARE CHANGE AS AN EASY, LOW-BARRIER TOOL TO EMPOWER AND INSPIRE YOUTH (AND ADULTS ALIKE), TO DISCOVER AND FULFILL THEIR CAPACITIES AS CHANGE MAKERS. WE WORK PRIMARILY WITH SCHOOLS, CAMPS, AND OTHER YOUTH GROUPS, WHERE WE CAN SHARE OUR TEACHINGS BROADLY AND ACTIVATE LARGE GROUPS OF KIDS. COLLECT LOOSE CHANGE AND PUT 100% OF CHANGE TO GOOD USE. 2. WE ALSO GIVE YOUTH A CHOICE IN DETERMINING THE DIRECTION OF THEIR INVESTMENTS, ENCOURAGING THEM TO RESEARCH LOCAL NEEDS AND OPPORTUNITIES WITHIN THEIR COMMUNITIES, AND DECIDING TOGETHER WHERE TO MAKE THE MOST OF THEIR EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Hoidal ESQ Chief Change Maker | Officer | 40 | $110,040 |
Chet Homer III Treasurer | OfficerTrustee | 0.5 | $0 |
Peter Wasserman Chair | OfficerTrustee | 0.5 | $0 |
Tissa Hami Director | Trustee | 0.5 | $0 |
Dan Scheerer Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,855 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,629 |
| Noncash contributions included in lines 1a–1f | $8,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,484 |
| Total Program Service Revenue | $21,193 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $143,677 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,721 |
| 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. | $112,517 |
| Compensation of current officers, directors, key employees. | $28,129 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,469 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,130 |
| Advertising and promotion | $1,610 |
| Office expenses | $900 |
| Information technology | $806 |
| Royalties | $0 |
| Occupancy | $8,000 |
| Travel | $1,178 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,788 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,139 |
| Insurance | $3,259 |
| All other expenses | $304 |
| Total functional expenses | $182,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,061 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,000 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $42,971 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $112,032 |
| Accounts payable and accrued expenses | $275 |
| 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 | $111,322 |
| Total liabilities | $111,597 |
| Net assets without donor restrictions | $435 |
| Net assets with donor restrictions | $0 |
| 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 | $112,032 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that World Of Change has recieved totaling $20,641.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $12,550 |
Hands On Tzedakah Inc Boca Raton, FL PURPOSE: FURNITURE/PROGRAM ASSISTANCE | $7,091 |
Miller Family Endowment Inc South Orange, NJ PURPOSE: GENERAL OPERATIONS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sweetser Saco, ME | $44,853,027 | $62,475,521 |
North American Family Institute Inc Contoocook, NH | $21,539,897 | $39,217,895 |
Preble Street Portland, ME | $27,168,766 | $22,280,984 |
Downeast Community Partners Inc Ellsworth, ME | $13,823,236 | $17,458,657 |
Shaw House Bangor, ME | $1,249,387 | $1,335,633 |
Coastal Kids Preschool Damariscotta, ME | $1,268,311 | $2,098,880 |
Seacoast Youth Services Seabrook, NH | $739,898 | $1,274,412 |
Mission 500 Inc South Portland, ME | $83,215 | $1,005,371 |
Maine Childrens Alliance Augusta, ME | $405,091 | $890,429 |
Circle Program Plymouth, NH | $3,221,151 | $698,690 |
Lil Iguanas Childrens Saftey Foundation Nashua, NH | $62,850 | $104,697 |
Lilliputian Montessori School North Conway, NH | $69,152 | $234,339 |