World Education Foundation
World Education Foundation faces consistent deficits and declining assets over the past decade.
EIN: 200634413 · Las Vegas, NV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $201K |
| Total Expenses | $697K |
| Program Spending | 70% |
| Net Assets | $133K |
| Transparency Score | 55/100 |
Is World Education Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
World Education Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About World Education Foundation
World Education Foundation (EIN: 200634413) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T22. The organization reported total revenue of $201K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Education Foundation is a small nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $631K |
| Total Expenses | $697K |
| Surplus / Deficit | $-65,555 |
| Total Assets | $133K |
| Total Liabilities | $1 |
| Net Assets | $133K |
| Operating Margin | -10.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 2.3 months |
Financial Health Grade: C
In 2023, World Education Foundation reported a deficit of $66K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), World Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.9% | -18.6% | -75.0% |
| 2022 | -62.8% | -4.7% | -50.3% |
| 2021 | +256.0% | +47.3% | +89.8% |
| 2020 | -14.6% | -5.6% | -29.4% |
| 2019 | +62.0% | +170.0% | -17.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates World Education Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, World Education Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for an organization of its size and mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of World Education Foundation's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) in multiple years (e.g., 2023, 2022, 2020, 2019, 2015, 2014, 2013, 2012).
- Significant decline in total assets from $3,189,451 in 2012 to $132,987 in 2023, indicating potential long-term financial instability.
- Highly volatile revenue streams, making financial planning and sustainability challenging.
- Current assets ($132,987 in 2023) are low relative to historical figures and recent expenses ($697,049 in 2023).
Strengths
The following positive indicators were identified for World Education Foundation:
- Consistent reporting of 0% officer compensation across all filings, demonstrating a commitment to minimizing executive overhead.
- Long filing history (11 filings), indicating a consistent presence and compliance with IRS reporting requirements.
Frequently Asked Questions about World Education Foundation
Is World Education Foundation a legitimate charity?
World Education Foundation (EIN: 200634413) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 55/100. It has 11 years of IRS 990 filings on record. Total revenue: $201K. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does World Education Foundation spend its money?
World Education Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to World Education Foundation tax-deductible?
World Education Foundation is registered as a tax-exempt nonprofit (EIN: 200634413). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of World Education Foundation's spending goes to programs?
World Education Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does World Education Foundation compare to similar nonprofits?
With a transparency score of 55/100 (Fair), World Education Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is World Education Foundation located?
World Education Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 200634413. It is classified under NTEE code T22.
How many years of IRS 990 filings does World Education Foundation have?
World Education Foundation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $201K in total revenue.
Is World Education Foundation financially stable?
Based on the filings, World Education Foundation has shown significant financial instability, with expenses frequently exceeding revenue and a substantial decline in assets from over $3 million in 2012 to $132,987 in 2023.
What caused the large decrease in assets?
The filings do not explicitly state the cause of the asset decrease, but the consistent reporting of expenses exceeding revenue in many periods suggests that operational deficits have likely contributed to the depletion of assets over time.
How does their program spending compare to similar organizations?
Without specific program expense breakdowns from the 990s, it's difficult to compare directly. However, the overall trend of expenses exceeding revenue suggests that even if program spending is high, it's not being sustainably funded.
Are there any concerns about their liabilities?
Liabilities have fluctuated, reaching $334,000 in 2022, which is significant relative to their assets of $532,934 in that year. While liabilities were low in 2023 ($1), the historical fluctuations warrant attention.
What is the trend in their revenue generation?
Revenue generation has been highly volatile, with peaks in 2013 ($2.4M) and 2021 ($1.3M), but also significant drops, including the latest reported revenue of $631,494 in 2023, indicating an inconsistent funding base.
Filing History
IRS 990 filing history for World Education Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), World Education Foundation's revenue has grown by 54.8%, moving from $408K to $631K. Total assets decreased by 96.1% over the same period, from $3.4M to $133K. Total functional expenses fell by 25.6%, from $936K to $697K. In its most recent filing year (2023), World Education Foundation reported a deficit of $66K, with expenses exceeding revenue. The organization holds $1 in liabilities against $133K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $133K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $631K | $697K | $133K | $1 | — | — |
| 2022 | $518K | $856K | $533K | $334K | — | View 990 |
| 2021 | $1.4M | $898K | $1.1M | $1 | — | View 990 |
| 2020 | $391K | $610K | $565K | $114K | — | View 990 |
| 2019 | $458K | $646K | $800K | $119K | — | View 990 |
| 2018 | $282K | $239K | $972K | $91K | — | View 990 |
| 2015 | $244K | $646K | $2.0M | $46K | — | View 990 |
| 2014 | $221K | $634K | $2.4M | $42K | — | View 990 |
| 2013 | $2.4M | $2.9M | $2.8M | $1 | — | View 990 |
| 2012 | $1.4M | $1.6M | $3.2M | $1 | — | View 990 |
| 2011 | $408K | $936K | $3.4M | $84K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $631K, expenses of $697K, and assets of $133K (revenue +21.9% year-over-year).
- 2022: Revenue of $518K, expenses of $856K, and assets of $533K (revenue -62.8% year-over-year).
- 2021: Revenue of $1.4M, expenses of $898K, and assets of $1.1M (revenue +256.0% year-over-year).
- 2020: Revenue of $391K, expenses of $610K, and assets of $565K (revenue -14.6% year-over-year).
- 2019: Revenue of $458K, expenses of $646K, and assets of $800K (revenue +62.0% year-over-year).
- 2018: Revenue of $282K, expenses of $239K, and assets of $972K (revenue +15.8% year-over-year).
- 2015: Revenue of $244K, expenses of $646K, and assets of $2.0M (revenue +10.6% year-over-year).
- 2014: Revenue of $221K, expenses of $634K, and assets of $2.4M (revenue -91.0% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.9M, and assets of $2.8M (revenue +70.3% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.6M, and assets of $3.2M (revenue +252.0% year-over-year).
- 2011: Revenue of $408K, expenses of $936K, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Education Foundation:
Data Sources and Methodology
This transparency report for World Education Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.