World Childrens Initiative Inc
- Assets
- $541.1k
- Revenue
- $68.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 12/2006
- Data as of
- 12/2023
- EIN
- 20-3907476
Organization Overview
World Childrens Initiative Inc is located in Menlo Park, CA. The organization was established in 2006. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Childrens Initiative 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 12/2023, World Childrens Initiative Inc generated $68.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $64.2k during the year ending 12/2023. 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
WORLD CHILDREN'S INITIATIVE, INC IS A NON-PROFIT ORGANIZATION DEDICATED TO IMPROVING AND REBUILDING THE HEALTHCARE AND EDUCATIONAL INFRASTRUCTURE FOR CHILDREN IN DEVELOPING AREAS BOTH DOMESTICALLY AND WORLDWIDE. WCI FIRMLY BELIEVES THAT ONLY THROUGH ADEQUATE HEALTH AND EDUCATIONAL INITIATIVES WILL THE BODIES, MINDS AND HEARTS OF DESTITUTE CHILDREN WORLDWIDE BE PROPERLY NOURISHED AND PREPARED FOR SUCCESSFUL AND PRODUCTIVE LIVES. WCI SEEKS TO ACCOMPLISH THIS GOAL THROUGH STRATEGIC PARTNERSHIPS WITH U.S. AND FOREIGN CORPORATIONS, LEADING UNIVERSITIES AND ACADEMIC INSTITUTIONS, AND GOVERNMENTAL AND NON-GOVERNMENTAL ENTITIES, WHO ARE OPERATING TO SERVE THIS POPULATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS CURRENTLY PARTNERED WITH OPERATION SMILES FOR A PROJECT IN MADAGASCAR WORKING WITH LOCAL IN-COUNTRY LEADERS, OPERATION SMILES, MINISTRY OF HEALTH TO INCREASE THE CAPACITY OF ESSENTIAL SURGERIES IN MADAGASCAR. IN ADDITION, THE ORGANIZATION HAS DISTRIBUTED A LEGACY GRANT TO UNIVERSITY OF COLORADO'S CHILDREN'S HOSPITAL COLORADO'S CARDIOLOGY CATHETERIZATION VR RESEARCH PROGRAM IN MEMORY OF DR. KANISHKA RATYANAYAKA FROM A DESIGNATED FUND CALLED PROJECT K: LEGACY GRANT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sanjay Daluvoy MD Founder & Exec | Officer | 5 | $0 |
Pratheepan Gulasekaram Founder & Direc | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,415 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,415 |
| Total Program Service Revenue | $0 |
| Investment income | $287 |
| 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 | $68,702 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,002 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,052 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,165 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,632 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $597 |
| Total functional expenses | $64,168 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $541,133 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $541,133 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $541,133 |
| Total liabilities and net assets/fund balances | $541,133 |