Overview
What is Worldteach Inc?
Worldteach Inc, a nonprofit organization based in Cambridge, Massachusetts, is dedicated to international development, education, and cultural exchange. As a non-governmental organization, Worldteach collaborates with governments and other entities in developing countries to address local educational needs and foster responsible global citizenship. By providing volunteer teachers, Worldteach aims to make a positive impact and contribute to the betterment of communities worldwide. Despite ceasing its programmatic activities as of December 2019, Worldteach Inc's mission continues to inspire and promote global understanding and cooperation.
Official website here: www.worldteach.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (57%)
Worldteach Inc has received a One-Star rating from Charity Navigator, indicating significant concerns about its financial accountability and performance. The rating, published on September 1, 2021, reflects a score of 57% with specific strengths in governance practices, including a fully independent board and comprehensive policies for conflict of interest and whistleblower protections.
Despite these governance strengths, the organization has notable weaknesses, particularly in its financial ratios. The program expense ratio stands at only 34.5%, suggesting that a relatively small portion of its resources is directed toward its mission-driven programs. Additionally, the liabilities to assets ratio is reported at 0%, which raises questions about financial sustainability and overall resource management.
Overall, while Worldteach Inc demonstrates strong governance and accountability protocols, its low program expense ratio and overall financial score highlight areas for improvement that potential donors and supporters should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Worldteach Inc legitimate?
Worldteach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worldteach Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,900
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Official website here: www.worldteach.org
What is the mission statement of Worldteach Inc?
Worldteach Inc, as a non-profit, non-governmental organization, has a mission centered around international development, education, and cultural exchange. Worldteach partners with governments and other organizations in developing countries to provide volunteer teachers, addressing local needs and advocating for responsible global citizenship. The organization aims to contribute to this mission by collaborating with international partners to meet educational demands and promote cross-cultural understanding. As of December 2019, Worldteach Inc. ceased its programmatic activities.
Official website here: www.worldteach.org
Who is the CEO of Worldteach Inc?
Michael Kremer is the President of Worldteach Inc.
Official website here: www.worldteach.org
What is the revenue of Worldteach Inc?
Worldteach Inc's revenue in 2022 was $55,548.
Official website here: www.worldteach.org
Who are the executives of Worldteach Inc and what are their salaries?
The average compensation at Worldteach Inc during 2022 was $63,900. There is 1 employee at Worldteach Inc.
Here are 7 key members and their salaries:
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Official website here: www.worldteach.org
Where can I find the form 990 for Worldteach Inc?
Worldteach Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.worldteach.org
Learn more at the official website: www.worldteach.org
Mission Statement of Worldteach Inc
Worldteach Inc, a non-profit and non-governmental organization, is committed to international development, education, and cultural exchange. Its mission involves collaborating with governments and other organizations in developing countries to deploy volunteer teachers. This initiative aims to address local needs and foster responsible global citizenship. By providing these volunteer educators, Worldteach Inc strives to make a significant impact in these communities, contributing to their educational growth and promoting cross-cultural understanding. As of December 2019, Worldteach Inc ceased its programmatic activities, although its legacy of promoting international cooperation and educational development continues to resonate.
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Impact
August, 2024
Worldteach Inc's impact has been significant in the realm of international development, education, and cultural exchange. Through its dedication to providing volunteer teachers to meet local needs in developing countries, Worldteach has played a crucial role in promoting responsible global citizenship. The organization's efforts have helped improve the quality of education in underprivileged communities and fostered cross-cultural understanding. Despite ceasing programmatic activities in 2019, Worldteach's legacy of empowering teachers and students around the world continues to resonate.
This information is meant to be a general summary of Worldteach Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $54,113
- Gross Receipts: $55,548
Assets and Liabilities:
- Total Assets: $1,492,726
- Total Liabilities: $1,000
- Net Assets: $1,491,726
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Organization Details
Founding Year
1992
Phone
(857) 756-5905Principal Officer
Michael Kremer
Main Address
PO BOX 390763, CAMBRIDGE, MA, 02139
Website
www.worldteach.orgNTEE Category
Code: Q220 - International
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