Overview
What is World Associates Ltd?
World Associates Ltd is a nonprofit organization situated in Toccoa, Georgia, with a mission to uplift the community, particularly those struggling financially. Their primary focus is on community development, aiming to alleviate basic needs and promote self-sufficiency, personal development, and health among the less fortunate. One of their notable programs is the Access Program, a two-year English and Cultural Values training initiative, funded by the U.S. Embassy, designed for youth. This program likely aims to equip young individuals with essential life skills and cultural understanding, fostering growth and self-reliance.
Official website here: www.wa-global.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 73%)
World Associates Ltd has received a "Needs Improvement" rating from Charity Navigator, indicating areas that require attention despite some strong points. The organization demonstrates solid governance with 100% independent board members and a low liabilities-to-assets ratio of 0.00%, suggesting financial stability. Moreover, it allocates a significant portion of its expenses (approximately 86%) to program activities, reflecting a commitment to its mission.
However, the nonprofit faces critical gaps in its accountability practices. It has not provided financial statements, which is a significant concern, leading to a score of zero in that area. Additionally, it lacks essential policies such as a whistleblower policy and a document retention and destruction policy, which are fundamental for transparency and ethical governance. These limitations contribute to its overall low score and highlight the need for improvement in financial reporting and organizational policies.
In summary, while World Associates Ltd has demonstrated some strengths in governance and program spending, its lack of financial transparency and missing accountability measures pose significant challenges. Addressing these issues will be key for the organization to enhance its credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is World Associates Ltd legitimate?
World Associates Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Associates Ltd 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: $307,361
For more financial information, click here
Official website here: www.wa-global.org
What is the mission statement of World Associates Ltd?
World Associates Ltd is a community development organization with a mission to alleviate basic needs and promote self-sufficiency and personal development among the less fortunate. Their primary focus is on improving health within the community. One of their initiatives is the Access Program, a two-year English and Cultural Values training program for youth, funded by the U.S. Embassy. This program aims to equip young individuals with the necessary skills and values, contributing to their overall development and potential for self-sufficiency.
Official website here: www.wa-global.org
What is the revenue of World Associates Ltd?
World Associates Ltd's revenue in 2023 was $618,780.
Official website here: www.wa-global.org
Who are the executives of World Associates Ltd and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.wa-global.org
Where can I find the form 990 for World Associates Ltd?
World Associates Ltd's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wa-global.org
Learn more at the official website: www.wa-global.org
Mission Statement of World Associates Ltd
World Associates Ltd, a Community Development Organization, is dedicated to addressing the basic needs and fostering self-sufficiency, personal development, and health within its community, with a particular focus on the impoverished sector. Its mission is to alleviate the felt needs of community members, ultimately leading to their self-improvement and overall well-being.
To accomplish this mission, World Associates Ltd has implemented various initiatives. One such program is the Access Program, a two-year English and Cultural Values training program for youth. This U.S. Embassy-funded initiative is designed to equip young individuals with essential communication skills and cultural values, thereby empowering them to contribute positively to their communities and improve their own lives. This program aligns with World Associates Ltd's mission, as it directly addresses the felt needs of the youth in the community, fostering personal development and self-sufficiency.
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Impact
July, 2024
World Associates Ltd's impact is significant in the community of Toccoa, GA. As a community development organization, they work towards alleviating basic felt needs and promoting self-sufficiency, personal development, and health, particularly among the poor. Through programs like the Access Program, a two-year English and Cultural Values training program for youth funded by the U.S. Embassy, World Associates Ltd is making a tangible difference in the lives of individuals in need. Their dedication to philanthropy and sustainable community development is truly commendable.
This information is meant to be a general summary of World Associates Ltd. 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 2023.
- Program Service Revenue: $123,426
- Gross Receipts: $618,780
Assets and Liabilities:
- Total Assets: $411,628
- Total Liabilities: $34
- Net Assets: $411,594
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
See Schedule O
Revenue
$19,757
See Schedule O
Revenue
$103,669
Program 3
Revenue
$0
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
Founding Year
1993
Principal Officer
Jarvis Crosby
Website
www.wa-global.orgNTEE Category
Code: T11 - Philanthropy
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