World Environment Center Inc
- Assets
- $349.1k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Bethesda, MD
- Founding
- 08/1987
- Data as of
- 06/2023
- EIN
- 13-3100197
Organization Overview
World Environment Center Inc is located in Bethesda, MD. The organization was established in 1987. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 06/2023, World Environment Center Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Environment Center 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 06/2023, World Environment Center Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEC CAPACITY BUILDING PROGRAM IN CENTRAL AND SOUTH AMERICA CONTRIBUTES TO SUSTAINABLE DEVELOPMENT BY PROVIDING COOPERATIVE PROJECTS, TRAINING AND TECHNOLOGY SOLUTIONS THAT ENHANCE THE ABILITY OF INDUSTRY, GOVERNMENT AND ENVIRONMENTAL ORGANIZATIONS TO PROTECT AND IMPROVE THE ENVIRONMENT WHILE STRENGTHENING ECONOMIC DEVELOPMENT. THESE PROGRAMS ARE OFTEN FUNDED THROUGH GOVERNMENT GRANTS AND/OR WEC'S CORPORATE MEMBERS. THIS CATEGORY INCLUDES ALL WEC SUPPLY CHAIN PROJECTS. THIS CATEGORY ALSO INCLUDES UNEP GRANTS THAT DISCUSSES STRENGTHENING ACTIONS TO ACHIEVE THE SUSTAINABLE DEVELOPMENT GOALS TO HELP THE ENVIRONMENT.
SERVICES PROVIDED BY WEC TO ALL MEMBERS IN GENERAL, INCLUDING INTERNATIONAL MEMBERSHIP ROUNDTABLES AND SUSTAINABILITY FORUMS. THESE SERVICES PROVIDE SENIOR LEVEL HSE, CSR AND SUSTAINABLE DEVELOPMENT EXECUTIVES IN MULTINATIONAL CORPORATIONS WITH AN EXCHANGE OF INFORMATION, EXPERTISE AND A WORLDWIDE NETWORK OF CONTACTS TO PROMOTE THE SHARED MISSION OF WEC AND MEMBER COMPANIES.
THIS PROGRAM COMPRISES SPECIAL/AD HOC ACTIVITIES THAT SUPPORT WEC IN ACHIEVING ITS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Prickett President & CEO | OfficerTrustee | 40 | $287,194 |
Emilio Tenuta Chairman | OfficerTrustee | 1 | $0 |
Eunice Heath Vice-Chairman | OfficerTrustee | 1 | $0 |
Sheryl Telford Treasurer | OfficerTrustee | 1 | $0 |
Cristina Gil White Secretary | OfficerTrustee | 1 | $0 |
Isabel Studer Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Baastel Research And Consulting | 6/29/17 | $212,881 |
Ernesto Samayoa Management | 6/29/17 | $153,042 |
Baastel Research And Consulting | 6/29/17 | $212,881 |
Ernesto Samayoa Management | 6/29/17 | $153,042 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $174,000 |
| Fundraising events | $123,944 |
| Related organizations | $0 |
| Government grants | $330,353 |
| All other contributions, gifts, grants, and similar amounts not included above | $487,430 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,115,727 |
| Total Program Service Revenue | $0 |
| Investment income | $3,243 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$9,058 |
| Net Income from Fundraising Events | -$57,797 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,052,115 |
| 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 | $35,377 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $348,771 |
| Compensation of current officers, directors, key employees. | $87,764 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $157,505 |
| Pension plan accruals and contributions | $10,138 |
| Other employee benefits | $2,534 |
| Payroll taxes | $29,346 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,545 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $187,450 |
| Advertising and promotion | $8,793 |
| Office expenses | $21,307 |
| Information technology | $13,248 |
| Royalties | $0 |
| Occupancy | $30,512 |
| Travel | $60,675 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,728 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,189 |
| Insurance | $9,024 |
| All other expenses | $184 |
| Total functional expenses | $1,085,102 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,873 |
| Pledges and grants receivable | $157,648 |
| Accounts receivable, net | $21,580 |
| 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 | $0 |
| Investments—publicly traded securities | $989 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $125,971 |
| Total assets | $349,061 |
| Accounts payable and accrued expenses | $131,626 |
| 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 | $145,833 |
| Total liabilities | $277,459 |
| Net assets without donor restrictions | -$223,992 |
| Net assets with donor restrictions | $295,594 |
| 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 | $349,061 |
Grants Awarded
Over the last fiscal year, World Environment Center Inc has awarded $151,405 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EARTHSHIFT PURPOSE: PROVIDE SERVICES TO WEC TO EXECUTE THE TASKS AND DELIVERABLES SHOWN IN THE WORKPLAN AND PROJ MGT FRAMEWORK | $53,132 |
LUTHERAN WORLD RELIEF PURPOSE: THE PROJECT SEEKS TO IMPROVE THE COMPETITIVENESS OF SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) IN THE COCOA SECTOR BY DIGITIZING AND PROVIDING TRAINING ON A COCOA TOOLKIT, ENABLING BETTER ACCESS TO INFORMATION AND OPPORTUNITIES FOR EXCHANGE, AND ENSURING BETTER REPRESENTATION OF COCOA SMES IN POLICY DISCUSSIONS. | $62,416 |
RIOSLUM PURPOSE: PROVIDE STRATEGIC DIRECTION, QUALITY CONTROL, AND ACCESS TO HIS NETWORK OF PARTNERS THROUGHOUT LATIN AMERICA AND EXECUTION OF ALL BRANDING AND COMMUNICATIONS OVER THE DURATION OF THE CONTRACT | $35,857 |