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World Computer Exchange Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043529016 ✦ Hull, MA ✦ Designated as a 501(c)(3)

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Overview

What is World Computer Exchange Inc?

World Computer Exchange Inc, based in Hull, Massachusetts, is a nonprofit organization dedicated to bridging the digital divide for youth in developing countries. In the fiscal year ending June 30, 2021, they distributed 1,734 refurbished computers loaded with educational programs to 100 schools in 11 countries, including Puerto Rico. This equipment is expected to serve approximately 38,000 students annually. The organization relies on the support of over 200 volunteers in its five chapters, who refurbish, load, and prepare the computers for shipping. World Computer Exchange also collaborates with 11 field associates in these countries to establish local chapters, promote computer maintenance, and provide some technical assistance. Additionally, the nonprofit is committed to promoting the reuse of electronic equipment and enhancing communities in these countries through its global network of partnerships.


Official website here: www.worldcomputerexchange.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 98%, Four-Star out of Four Star rating.

World Computer Exchange Inc has received a high rating, indicating strong accountability and financial management, with a perfect score of 100 for Accountability & Finance. The organization demonstrates a strong commitment to transparency, with independent board members and no reported material diversion of assets. Additionally, they have high scores in feedback collection and usage, which suggests they actively seek and incorporate input from their partners.

User reviews present a varied perspective on the organization's operations. Clients have reported positive experiences, highlighting the organization's dedication to supporting computer needs for schools and NGOs at affordable rates. However, there are significant concerns regarding shipment delays and the quality of equipment received, with some users reporting that a substantial portion of the computers were non-functional or outdated.

While many clients appreciate the service and assistance provided by World Computer Exchange, negative experiences related to communication and product quality suggest that potential partners should approach with caution. The mixed feedback indicates the necessity for improved logistics and customer relations to enhance overall satisfaction.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is World Computer Exchange Inc legitimate?

World Computer Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Computer Exchange 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: $95,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,955

For more financial information, click here


Official website here: www.worldcomputerexchange.org

What is the mission statement of World Computer Exchange Inc?

World Computer Exchange Inc's mission is centered around bridging the digital divide for youth in developing countries. They achieve this by leveraging their global network of partnerships to strengthen these communities and promote the reuse of electronic equipment. In the fiscal year ending June 30, 2021, they distributed 1,734 computers to 100 schools in 11 locations, benefiting an estimated 38,000 students annually. They also work with local associates in these countries to establish WCE chapters, providing them with the necessary tools and knowledge to collect, refurbish, and distribute computers to local schools and organizations. Additionally, World Computer Exchange supports their partners in maintaining their equipment and offers technical assistance. Their inspire girls initiative aims to develop resources for partner schools to encourage girls to stay in school and consider careers in technology.


Official website here: www.worldcomputerexchange.org

Who is the CEO of World Computer Exchange Inc?

Pamela Cooney is the President As Of June 30 2022 of World Computer Exchange Inc.


Official website here: www.worldcomputerexchange.org

What is the revenue of World Computer Exchange Inc?

World Computer Exchange Inc's revenue in 2022 was $208,416.


Official website here: www.worldcomputerexchange.org

Who are the executives of World Computer Exchange Inc and what are their salaries?

The average compensation at World Computer Exchange Inc during 2022 was $43,652. There are 3 employees and 250 volunteers at World Computer Exchange Inc.


Here are 8 key members and their salaries:


Timothy Anderson (President As Of June 30 2022)
  • Compensation: $15,833
  • Related: $0
  • Other: $10,418
Pamela Cooney (Current President And Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $1,626
Ayeshah Hassan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manoj Kumar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Hellmonds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Dale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Griffiths (Vice Chairman & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Grant (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.worldcomputerexchange.org

Where can I find the form 990 for World Computer Exchange Inc?

World Computer Exchange Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.worldcomputerexchange.org

Learn more at the official website: www.worldcomputerexchange.org

Mission Statement of World Computer Exchange Inc

World Computer Exchange Inc, as a mission-driven organization, aims to bridge the digital divide for youth in developing countries. They accomplish this by leveraging their global network of partnerships to improve communities in these regions. Furthermore, World Computer Exchange Inc promotes the reuse of electronic equipment, ensuring that it reaches and benefits as many students as possible.

In the fiscal year ending June 30, 2021, World Computer Exchange Inc distributed 1,734 refurbished computers to 100 schools in ten developing countries and Puerto Rico. These schools estimated that this equipment would serve approximately 38,000 students annually. The organization's operations involve a collaborative effort from over 200 volunteers in five chapters who refurbish the computers, load them with educational programs, and prepare them for shipping.

World Computer Exchange Inc also works with 11 field associates in 10 developing countries on a fee basis. Their role is to develop WCE chapters in these countries, applying the WCE process to collect, refurbish, load, and distribute computers to local community schools and organizations serving youth. They also assist partners in maintaining their computers and provide some technical assistance. The organization further emphasizes its commitment to empowering girls by supporting its 'Inspire Girls' initiative, which provides resources for partner schools to encourage girls to stay in school and pursue careers in technology.

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Impact




October, 2024

World Computer Exchange Inc significantly reduces the digital divide for youth in developing countries by providing access to technology and educational resources. In the fiscal year ending June 30, 2021, the organization distributed 1,734 computers to 100 schools across 10 developing countries and Puerto Rico. This initiative directly impacted an estimated 38,000 students annually, enhancing their educational opportunities and digital literacy.

Through the dedicated efforts of over 200 volunteers, the organization refurbished donated computers, loaded them with educational software, and prepared them for deployment. This grassroots engagement fosters community involvement and skill development among volunteers. Additionally, World Computer Exchange collaborates with 11 field associates in various countries, empowering them to establish local chapters that further extend the reach and sustainability of the program. These affiliates are integral in maintaining the computers and providing ongoing technical assistance, ensuring that the technology remains functional and relevant for educational use.

Furthermore, World Computer Exchange is committed to promoting gender equity in education through its "Inspire Girls" initiative, which develops resources aimed at encouraging girls to pursue careers in technology and stay in school. Overall, the organization's multifaceted approach not only addresses immediate educational needs but also works to build long-term capacity and empowerment within communities.




This information is meant to be a general summary of World Computer Exchange 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.

Revenue
$208,416 (2022)
Expenses
$186,956 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,492
  • Gross Receipts: $443,666

Assets and Liabilities:

  • Total Assets: $1,147,499
  • Total Liabilities: $388,376
  • Net Assets: $759,123

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Organization Details

Founding Year

2000

Principal Officer

Pamela Cooney

Main Address

936 Nantasket Avenue, Hull, MA, 02045

NTEE Category

Code: B90 - Education

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