World Childrens Project
- Assets
- $1.1m
- Revenue
- $816.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Eugene, OR
- Founding
- 04/2005
- Data as of
- 03/2022
- EIN
- 42-1649091
Organization Overview
World Childrens Project is located in Eugene, OR. The organization was established in 2005. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Childrens Project 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 03/2022, World Childrens Project generated $816.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $846.0k during the year ending 03/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF LA PAZ GLOBAL IS TO IDENTIFY, CREATE AND GROW SCHOOLS AROUND THE WORLD THAT EMBRACE THE TWO WAY DUEL IMMERSION METHODOLOGY OF TEACHING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITY SERVICES - LA PAZ GLOBAL HAS CREATED A NEW PROGRAM TO SUPPORT THE OPENING OF TWO WAY DUAL IMMERSION SCHOOLS IN AREAS IDENTIFIED TO HAVE LARGE SOCIO-ECONOMIC GAPS WITHIN THEIR COMMUNITIES. THE PROGRAM BEGAN IN 2020 WITH A LARGE DONATION FROM A PRIVATE FOUNDATION AND IS NOW A NEW AREA OF FOCUS TO BRIDGE THE GAPS OF INEQUALITY IN THESE AREAS. THE PROGRAM IS 100% FUNDED BY PRIVATE DONATIONS. THE FACILITIES SERVICES PROGRAM ALSO IDENTIFIES EXISTING SCHOOLS THAT FOLLOW THE DUAL IMMERSION MODEL THAT NEED IMPROVEMENTS IN EXISTING SCHOOLS.
STUDENT SCHOLARSHIPS: LA PAZ GLOBAL SCHOLARSHIP DONATIONS PREPARE DEDICATED, TALENTED, AND EXCEPTIONAL UNDERPRIVILEGED CHILDREN TO LEAD THEIR COMMUNITIES AND OUR WORLD INTO THE FUTURE. LA PAZ GLOBAL PARTNER SCHOOL, LA PAZ COMMUNITY SCHOOL, INTEGRATES LOCAL UNDERPRIVILEGED YOUTH INTO THE PROGRAM AT A YOUNG AGE IN ORDER TO HELP THEM PRESERVE THE UNIQUE LOCAL TRADITIONS AND ECOLOGY WHILE CELEBRATING THE PEACEFUL INTEGRATION OF FOREIGN CULTURES AND IDEAS INTO THE COMMUNITY.
FACULTY FUND/PROFESSIONAL DEVELOPMENT: SINCE THE INCEPTION OF LA PAZ IN 2007, THE QUALITY OF THE STUDENT LEARNING EXPERIENCE IS DIRECTLY CONNECTED TO THE EXPERTISE AND COMMITMENT OF THE TEACHING STAFF. QUALITY EDUCATORS REQUIRE CONSISTENT COACHING AND PROFESSIONAL DEVELOPMENT AS WELL AS A SALARY AND BENEFITS THAT COMPENSATE FOR THEIR TIRELESS COMMITMENT TO THE STUDENTS. BEGINNING IN 2019, THE LA PAZ DEVELOPMENT TEAM CREATED THE LA PAZ FACULTY FUND TO HELP EMPOWER AND RETAIN THE BEST OF THE BEST TEACHERS THAT WE WORK HARD TO DISCOVER AND CULTIVATE. THE LA PAZ FACULTY FUND IS DONOR SPONSORED AND INVESTED IN TEACHER COMPENSATION PACKAGES AND PROFESSIONAL DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fionna Fallon Secretary | Officer | 2 | $0 |
Anne-Marie Corredor President | Officer | 3 | $0 |
Teg Grenager Treasurer | Officer | 1.2 | $0 |
Heather Hughes Board Member | Trustee | 0.5 | $0 |
Kamal Sirageldin Board Member | Trustee | 2 | $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 | $800,801 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $800,801 |
| Total Program Service Revenue | $0 |
| Investment income | $4,312 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,511 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $816,624 |
| 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 | $826,541 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $838 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $491 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $11,621 |
| Total functional expenses | $845,953 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,227 |
| Savings and temporary cash investments | $0 |
| 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 | $405,326 |
| Investments—publicly traded securities | $510,697 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,057,250 |
| 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 | $262,029 |
| Net assets with donor restrictions | $795,221 |
| 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 | $1,057,250 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that World Childrens Project has recieved totaling $305,030.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $289,874 |
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $10,000 |
The Virginia And Charles Brewer Family Foundation Atlanta, GA PURPOSE: GENERAL SUPPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $156 |
Endowment Analysis
| Beg. Balance | $218,104 |
| Net Contributions | $313,904 |
| Grants | $27,500 |
| Ending Balance | $504,508 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magnolia Educational & Research Foundation Los Angeles, CA | $67,129,472 | $66,230,945 |
Panda Cares Foundation Inc Las Vegas, NV | $37,372,072 | $45,451,718 |
Xq Institute Oakland, CA | $14,589,368 | $51,717,404 |
Room To Read San Francisco, CA | $51,354,748 | $61,954,261 |
South Bay Workforce Investment Board Inc Hawthorne, CA | $7,623,488 | $36,083,167 |
Compass Charter Schools Thousand Oaks, CA | $14,467,036 | $29,961,787 |
New Teacher Center Santa Cruz, CA | $27,814,525 | $27,076,985 |
Alpha Public Schools Inc San Jose, CA | $20,794,542 | $26,321,038 |
Code Org Seattle, WA | $56,417,809 | $32,287,151 |
Give To Learn To Grow Foundation Culver City, CA | $40,470 | $188,892 |
Washington Stem Center Seattle, WA | $144,962,083 | $51,456,581 |
Club For The Future Kent, WA | $9,001,115 | $28,277,868 |