Right Sharing Of World Resources Inc
- Assets
- $2.7m
- Revenue
- $1.4m
- Investments
- $2.5m
- Employees
- 6
- Location
- Richmond, IN
- Founding
- 03/1999
- Data as of
- 06/2023
- EIN
- 31-1636209
Organization Overview
Right Sharing Of World Resources Inc is located in Richmond, IN. The organization was established in 1999. According to its NTEE Classification (Q02) the organization is classified as: Management & Technical Assistance, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2023, Right Sharing Of World Resources Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Right Sharing Of World Resources 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, Right Sharing Of World Resources Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $899.7k during the year ending 06/2023. While expenses have increased by 9.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
GOD CALLS US TO THE RIGHT SHARING OF WORLD RESOURCES, FROM THE BURDENS OF MATERIALISM AND POVERTY INTO THE ABUNDANCE OF GOD'S LOVE, TO WORK FOR EQUITY THROUGH PARTNERSHIP WITH OUR SISTERS AND BROTHERS THROUGHOUT THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, RIGHT SHARING OF WORLD RESOURCES PROVIDED 47 WOMEN'S GROUPS IN GUATEMALA, KENYA, INDIA, AND SIERRA LEONE SEED GRANTS. THESE GROUPS CONSISTED OF 1,336 WOMEN WHO RECEIVED INITIAL LOANS TO START THEIR OWN SMALL BUSINESSES. RSWR LAUNCHED A NEW PROGRAM TO PARTNER WITH WOMEN IN GUATEMALA. GROUPS ARE CURRENTLY FORMING IN SMALL VILLAGES SURROUNDING THE CITIES OF ESQUIPULAS AND CHIQUIMULA, IN THE DEPARTMENT (STATE) OF CHIQUIMULA, GUATEMALA. FOR THE FIRST TIME EVER, RSWR COUNTRY COORDINATORS TRAVELED TO KISUMU, KENYA TO LEARN FROM ONE ANOTHER. ALL ELEVEN COUNTRY COORDINATORS AND TRAINERS PARTICIPATED IN A TRANSFORMATIVE TIME OF BUILDING DEEPER RELATIONSHIPS WITH ONE ANOTHER AND OUR SHARED WORK. FRIENDS AROUND THE WORLD WARMLY WELCOMED RSWR STAFF AND BOARD VOLUNTEERS TO 18 YEARLY MEETINGS, INCLUDING FWCC SECTION OF THE AMERICAS, IRELAND YEARLY MEETING, AND FGC GATHERINGS. DURING THESE VISITS, FIVE COMMUNITIES EXPLORED THE POWER OF ENOUGH WORKSHOP. THE POWER OF ENOUGH WORKSHOP IS DESIGNED TO FOSTER CONNECTION, COMMUNITY, AND SELF-AWARENESS. PARTICIPANTS CONSIDER THE QUERY: "HOW IS MY USE OF TIME, ENERGY, AND 'THINGS' IN RIGHT BALANCE TO FREE ME TO DO GOD'S WORK, AND TO CONTRIBUTE TO RIGHT RELATIONSHIPS IN OUR WORLD?" WOMEN PARTNERS SHARED THEIR STORIES IN A NEW VIDEO SERIES RELEASED IN 2023. THESE VIDEOS WERE FILMED BY JON WATTS AND HAVE BEEN RELEASED MONTHLY ON YOUTUBE AND OTHER SOCIAL MEDIA PLATFORMS. HEAR THE STORIES OF RSWR WOMEN PARTNERS BY WATCHING THE VIDEOS AT HTTPS://WWW. YOUTUBE.COM/@ RIGHTSHARING2461/ A NEW GENERATION OF WOMEN ARE LEADING RIGHT SHARING INTO THE FUTURE. DR. ABINAYA MURUGESAN BECAME THE FIRST FEMALE COUNTRY COORDINATOR IN INDIA. RUTH BUESO AND EVA RAMIREZ JOINED THE RSWR TEAM TO LAUNCH A NEW PROGRAM IN GUATEMALA. ALL THESE WOMEN JOIN COUNTRY COORDINATOR IN SIERRA LEONE, SIBELLA SWARAY, AS THE NEXT GENERATION OF WOMEN IN LEADERSHIP AT RSWR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Stillwell General Secr | OfficerTrustee | 40 | $81,824 |
Marian Beane Presiding Cl | OfficerTrustee | 1 | $0 |
Elizabeth Gates Assistant Cl | OfficerTrustee | 1 | $0 |
David Leonard Recording Cl | OfficerTrustee | 1 | $0 |
Sally Weaver Sommer Treasurer | OfficerTrustee | 1 | $0 |
Jonathan Brown Recording Cl | OfficerTrustee | 1 | $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 | $1,105,369 |
| Noncash contributions included in lines 1a–1f | $2,876 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,105,369 |
| Total Program Service Revenue | $0 |
| Investment income | $259,616 |
| 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 | $1,368,461 |
| 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 | $400,634 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $87,625 |
| Compensation of current officers, directors, key employees. | $4,381 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $190,502 |
| Pension plan accruals and contributions | $9,485 |
| Other employee benefits | $20,472 |
| Payroll taxes | $23,481 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,237 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,770 |
| Office expenses | $15,944 |
| Information technology | $3,996 |
| Royalties | $0 |
| Occupancy | $960 |
| Travel | $39,717 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,838 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $512 |
| Insurance | $1,538 |
| All other expenses | $10,739 |
| Total functional expenses | $899,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,124 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,069 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $43,951 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,760 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,488,092 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,715,996 |
| Accounts payable and accrued expenses | $26,223 |
| 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 | $103,972 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $130,195 |
| Net assets without donor restrictions | $2,585,801 |
| 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 | $2,715,996 |