Fund For New World Development Inc is located in Williamstown, MA. The organization was established in 2012. According to its NTEE Classification (Q30) the organization is classified as: International Development, 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. Fund For New World Development 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 12/2021, Fund For New World Development Inc generated $31.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $30.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED COMPUTER LEARNING CENTER AND INFOPLAZA IN VILLAGE OF LA LAGUNA DE POCRI (EST. POPULATION 1000), PROV. DE LOS SANTOS, PANAMA, LOCATED IN VILLAGE SCHOOL, AND OPENED BY THIS FOUNDATION IN 2012. PROVIDED COMPUTER CLASSES (FOR ADULTS AND SCHOOL STUDENTS), AND PROVIDED COMPUTER ACCESS TO COMMUNITY AND SURROUNDING VILLAGES 45 HOURS PER WEEK, EXCEPT DURING JANUARY THROUGH JUNE 2021 WHEN THE CENTER WAS CLOSED FOR SEVERAL MONTHS AND ONLY AT CAPACITY FOR SEVERAL OTHER MONTHS DEPENDING ON COVID RESTRICTIONS. WHEN OPEN, THE CENTER WAS USED REGULARLY BY 50 ELEMENTARY CHILDREN (DURING AND AFTER SCHOOL HOURS), 60 SECONDARY STUDENTS, 20 UNIVERSITY STUDENTS, 30 TEACHERS, 20 SENIOR CITIZENS, AND 150 OTHER ADULTS. THERE WAS A TOTAL OF APPROXIMATELY 2100 VISITS TO THE CENTER IN 2021. OUR STAFF TAUGHT COURSES IN COMPUTER USE FOR ADULTS AND CHILDREN. IN ADDITION, THEY WORKED CLOSELY WITH THE TEACHERS IN THE SCHOOL TO INTEGRATE COMPUTER USE INTO THE COURSEWORK, AND WORKED WITH CHILDREN IN THE COMPUTE
OPERATED COMPUTER LEARNING CENTER AND INFOPLAZA IN THE TOWN OF PARITILLA. PROVIDED COMPUTER CLASSES (FOR ADULTS AND SCHOOL STUDENTS), AND PROVIDED COMPUTER ACCESS TO COMMUNITY AND SURROUNDING VILLAGES 45 HOURS PER WEEK, EXCEPT DURING JANUARY - JUNE 2021 WHEN THE CENTER WAS CLOSED FOR SEVERAL MONTHS AND ONLY AT 1/4 CAPACITY FOR SEVERAL OTHER MONTHS DEPENDING ON COVID RESTRICTIONS. NOTE: THE ADMINISTRATOR BROUGHT CHILDREN TO HER HOME TO TEACH THEM WHEN THE SCHOOL WAS CLOSED WHEN OPEN (OR THRU TEACHING AT HOME),THIS CENTER WAS USED REGULARLY BY 30 ELEMENTARY CHILDREN(DURING AND AFTER SCHOOL HOURS), 50 SECONDARY AND UNIVERSITY STUDENTS, 5 TEACHERS, AND 50 ADULTS. THERE WERE APPROXIMATELY 2300 VISITS TO USE THE CENTER/HOME IN 2021. OUR STAFF TAUGHT COURSES IN COMPUTER USE FOR ADULTS, AND FOR CHILDREN. IN ADDITION, THEY WORKED CLOSELY WITH THE TEACHERS IN THE SCHOOL TO INTEGRATE COMPUTER USE INTO THE COURSEWORK, AND WORKED WITH CHILDREN IN THE COMPUTER CENTER DURING SCHOOL HOURS. COURSES WER
YOUTH RECREATION PROGRAM: WE PROVIDE ONGOING SUPPORT TO THE YOUTH RECREATION PROGRAM THAT USES THE ATHLETIC FIELD WE DEVELOPED ON LAND PURCHASED BY THE FOUNDATION IN 2013. IN 2021, TEAMS CONTINUED TO PLAY WITH THE LEAGUES, PLUS A GREAT DEAL OF AD HOC, PICK UP PLAY OF BOTH SOCCER AND SOFTBALL. ON-GOING REPAIRS WERE MADE AND FIELD MAINTENANCE. THE LOCAL SPORTS COMMITTEE CONTINUED HOSTING LEAGUE GAMES, WORKING WITH THE DISTRICT MAYOR TO MAINTAIN THE ROAD TO THE FIELD, AND TO SELL FOOD AT THE EVENTS TO RAISE FUNDS TO MAINTAIN THE FIELD. THE FIELD IS USED REGULARLY BY APPROXIMATELY 70 CHILDREN AND ADULTS OR MORE TO PLAY, AND THE WHOLE COMMUNITY ENJOYS (200 OR MORE) COMING TO WATCH GAMES ON THE FIELD. OUR COMPUTER CENTERS ARE USED AS A MEETING AND ORGANIZING VENUE FOR TEAMS.
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sherwood Guernsey President, T | 0 | $0 | |
Diana Bennett Director | 0 | $0 | |
Margaret Guernsey Director | 0 | $0 | |
Matthew Guernsey Director | 0 | $0 | |
Kathryn Guernsey Director | 0 | $0 | |
Martha Kimmel Clerk | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $31,660 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $31,660 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $13,670 |
Pension plans, employee benefits | $3,175 |
Interest | $0 |
Taxes | $472 |
Depreciation | $273 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,206 |
Total operating and administrative expenses | $30,372 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $30,372 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $37,323 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $51,153 |
Other assets | $0 |
Total assets | $88,476 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, we have identified 1 grants that Fund For New World Development Inc has recieved totaling $30,000.
Awarding Organization | Amount |
---|---|
The Bessemer Giving Fund Woodbridge, NJ PURPOSE: GENERAL SUPPORT | $30,000 |
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