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 12/2023, Fund For New World Development Inc generated $89.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $35.9k during the year ending 12/2023. 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
2023
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. OUR WORK CONTINUED IN THE SAME MANNER AS PRIOR YEARS: PROVIDED COMPUTER CLASSES (FOR ADULTS AND SCHOOL STUDENTS), AND PROVIDED COMPUTER ACCESS TO COMMUNITY AND SURROUNDING VILLAGES 45 HOURS PER WEEK. THE CENTER WAS USED REGULARLY BY 40 ELEMENTARY CHILDREN (DURING AND AFTER SCHOOL HOURS), 50 SECONDARY STUDENTS, 30 UNIVERSITY STUDENTS, 4 TEACHERS, 30 SENIOR CITIZENS, AND 100 OTHER ADULTS. THERE WAS A TOTAL OF APPROXIMATELY 2000 VISITS TO THE CENTER IN 2023. 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 COMPUTER CENTER DURING SCHOOL HOURS. WE CONTINUED FOCUSING OUR EFFORTS ON WORKING WITH THE TEACHERS TO ASSIST THEM IN CREATING LES
OPERATED COMPUTER LEARNING CENTER AND INFOPLAZA IN THE TOWN OF PARITILLA CONTINUING OUR WORK AS IN PRIOR YEARS: PROVIDED COMPUTER CLASSES (FOR ADULTS AND SCHOOL STUDENTS), AND PROVIDED COMPUTER ACCESS TO COMMUNITY AND SURROUNDING VILLAGES 45 HOURS PER WEEK. THIS CENTER WAS USED REGULARLY BY 30 ELEMENTARY CHILDREN (DURING AND AFTER SCHOOL HOURS), 50 SECONDARY AND UNIVERSITY STUDENTS, 3 TEACHERS, AND 50 ADULTS. THERE WERE APPROXIMATELY 3000 VISITS TO USE THE CENTER/HOME IN 2023. 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 WERE ALSO GIVEN, USING THE IT EQUIPMENT, ON THE ENVIRONMENT AND VARIOUS CRAFTS. PROGRAMS ARE ALSO GIVEN ON HEALTH AND SAFETY FOR THE GENERAL PUBLIC. IN ADDITION, SECONDARY SCHOOL AND UNIVERSITY STUDENTS USED THE CENTER FOR SCHOOL RELATED WORK, AND THE GENERA
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 2023, 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 PERFORMED. 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. MAJOR UPGRADES BEGUN: THROUGHOUT 2023, WE DEVISED PLANS FOR MAJOR UPGRADES FOR THE ATHLETIC FIELD, INCLUDING 3 SETS OF STANDS FOR PEOPLE ATTENDING GAMES, SEVERAL NEW BATHROOMS, A CONCESSION BUILDING FOR THE SALE OF BEVERAGES AND FOOD,
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Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sherwood Guernsey President, T | 10 | $0 | |
Margaret Guernsey Director | 1 | $0 | |
Diana Bennett Director | 1 | $0 | |
Martha Kimmel Clerk | 10 | $0 | |
Kathryn Guernsey Director | 1 | $0 | |
Matthew Guernsey Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $89,500 |
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 | $89,500 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $13,085 |
Pension plans, employee benefits | $3,447 |
Interest | $0 |
Taxes | $54 |
Depreciation | $4,720 |
Occupancy | $0 |
Travel, conferences, and meetings | $2,025 |
Printing and publications | $0 |
Other expenses | $1,974 |
Total operating and administrative expenses | $35,856 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $35,856 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $22,449 |
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 | $158,335 |
Other assets | $0 |
Total assets | $180,784 |
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 |