Overview
What is World Of Change?
World of Change is a nonprofit organization based in Portland, Maine. They primarily work with youth, utilizing spare change as a low-barrier tool to engage and inspire individuals to become change-makers. The organization's mission is twofold: first, to empower and inspire communities by helping individuals realize their capacity to dream of and create meaningful change. Second, 100% of the funds collected are directed towards programs with partners who are making a significant impact in various sectors such as housing, food security, education, health and wellness, animals and nature, and children's play. Operating expenses are covered by private donors and sponsors, ensuring that all collected change is converted into impact and positive change.
Official website here: www.worldofchange.world
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
World Of Change has achieved a respectable score of 82%, reflecting solid accountability and finance practices. The rating is based entirely on one beacon score, highlighting the organization's commitment to transparency and operational integrity. Key areas of strength include having a fully independent board and documented policies for conflict of interest and whistleblower protections, which contribute positively to its overall governance.
The charity's program expense ratio stands at 74.29%, indicating that a significant portion of its expenditures is directed towards its programs rather than administrative costs. This is a positive indicator for potential donors looking to support organizations that prioritize mission-driven activities. Furthermore, the charity has shown no material diversion of assets, reinforcing its reliability and trustworthiness.
However, the Liabilities to Assets ratio is noted at 99.61%, which raises some concern regarding the organization's financial structure. This high ratio suggests that the organization may have significant liabilities compared to its assets, which could impact its long-term sustainability if not managed effectively. Overall, while World Of Change demonstrates commendable accountability practices, potential supporters may want to consider its financial health when making contributions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about World Of Change?
100% of 5 reviewers on Facebook recommend World Of Change. Here is a summary of their reviews:
Participants express strong support for the organization's mission, emphasizing the impactful and transformative nature of its programs. One review highlights the exceptional work of the founder, Matt, noting that the initiatives are worthy of wider implementation across various educational and professional settings.
Overall, the sentiment is overwhelmingly positive, with users appreciating the organization's commitment to making a meaningful difference in the world. Many believe that World Of Change has the potential to inspire and effect real change across different sectors.
This AI summary has been generated from reviews found on Facebook.
Is World Of Change legitimate?
World Of Change is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Of Change 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: $112,517
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.worldofchange.world
What is the mission statement of World Of Change?
World of Change's mission is centered around empowering and inspiring communities by enabling individuals to recognize and utilize their potential to envision and bring about significant change. The organization focuses on six key areas: housing, food security, education, health and wellness, animals and nature, and children's play. Committed to making a tangible impact, World of Change ensures that 100% of the collected funds directly support programs carried out by their partner organizations, working tirelessly in these sectors. Their operational costs are covered by private donors and sponsors, ensuring that every penny collected is transformed into positive change.
Official website here: www.worldofchange.world
Who is the CEO of World Of Change?
Matthew Hoidal is the Director of World Of Change.
Official website here: www.worldofchange.world
What is the revenue of World Of Change?
World Of Change's revenue in 2021 was $143,677.
Official website here: www.worldofchange.world
Who are the executives of World Of Change and what are their salaries?
The average compensation at World Of Change during 2021 was $112,517. There is 1 employee and 100 volunteers at World Of Change.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $110,040
- Related: $0
- Other: $2,477
Official website here: www.worldofchange.world
Where can I find the form 990 for World Of Change?
World Of Change's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.worldofchange.world
Learn more at the official website: www.worldofchange.world
Mission Statement of World Of Change
World of Change, a nonprofit organization, is committed to a dual mission. Its primary goal is to empower and inspire communities by fostering an environment where individuals can identify and actualize their potential to bring about significant, positive change. This is achieved by channeling all collected funds directly towards programs run by partners who are making a tangible difference in critical areas such as housing, food security, education, health and wellness, animals and nature, and children's play. By covering its operating costs through private donors and sponsors, World of Change ensures that 100% of the funds collected are converted into impact, ultimately resulting in a ripple effect of positive change within the communities it serves.
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Impact
October, 2024
World of Change creates significant impact by empowering individuals, particularly youth, to become active change-makers in their communities. By leveraging spare change as a simple, accessible tool, the initiative inspires individuals to engage with important social issues, fostering a sense of agency and responsibility. This empowerment is particularly targeted at schools, camps, and youth groups, where participants learn about local needs and opportunities, enabling them to make informed decisions about their contributions.
The funds collected through this initiative are directed entirely toward transformative programs that address pressing community needs in various areas, including housing, food security, education, health and wellness, animal welfare, and children's play. By collaborating with partners who are already doing impactful work, World of Change amplifies its influence, ensuring that every dollar contributes to meaningful change.
Moreover, the approach nurtures critical thinking and community involvement among youth, encouraging them to actively research and prioritize local investments. This not only benefits the causes they support but also instills a lifelong habit of civic engagement and social responsibility. Overall, World of Change's model not only addresses immediate community challenges but also cultivates the next generation of leaders who are equipped to dream of and create a better future.
This information is meant to be a general summary of World Of Change. 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 2021.
- Program Service Revenue: $21,193
- Gross Receipts: $143,677
Assets and Liabilities:
- Total Assets: $112,032
- Total Liabilities: $111,597
- Net Assets: $435
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHANGE COLLECTIONS
Revenue
$21,193
Organization Details
Founding Year
2016
Phone
(207) 400-0274Principal Officer
Matthew Hoidal
Main Address
P O Box 83, Portland, ME, 04112
Website
www.worldofchange.worldNTEE Category
Code: P30 - Human services
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