World Education Inc
World Education Inc. consistently operates with high program spending and reports no officer compensation.
EIN: 131804349 · Boston, MA · NTEE: Q300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $48.1M |
| Total Expenses | $45.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $5.7M |
| Transparency Score | 92/100 |
Is World Education Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
World Education Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About World Education Inc
World Education Inc (EIN: 131804349) is a nonprofit organization based in Boston, MA, classified under NTEE code Q300. The organization reported total revenue of $48.1M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Education Inc is a large nonprofit that has been operating for 67 years, with 10 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $46.8M |
| Total Expenses | $45.2M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $10.2M |
| Total Liabilities | $4.6M |
| Net Assets | $5.7M |
| Operating Margin | 3.5% |
| Debt-to-Asset Ratio | 44.5% |
| Months of Reserves | 2.7 months |
Financial Health Grade: A
In 2021, World Education Inc reported a surplus of $1.6M with revenue exceeding expenses, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 44.5% (moderate leverage).
Financial Trends
Over 10 years of filings (2012–2021), World Education Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +10.6% | +6.9% | +2.8% |
| 2020 | -5.9% | -5.8% | +10.1% |
| 2019 | -7.9% | -7.7% | +62.3% |
| 2018 | +4.9% | +5.4% | -23.2% |
| 2017 | +3.2% | +3.3% | -13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
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 Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, World Education Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size (revenues consistently above $30 million) and suggests either a unique compensation structure or that key leadership roles are compensated through other means not categorized as 'officer compensation' on the 990, or are volunteer-based. This practice, if truly volunteer-based or through a separate entity, would indicate a strong commitment to mission-focused spending.
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 Inc's IRS 990 filings:
- Unusually low or 0% reported officer compensation, which may obscure actual executive remuneration if paid through a related entity or categorized differently.
Strengths
The following positive indicators were identified for World Education Inc:
- Consistent financial stability with revenues generally covering expenses.
- Healthy asset-to-liability ratio, indicating strong solvency (e.g., 2021 assets $10.2M vs. liabilities $4.5M).
- Long history of IRS 990 filings, demonstrating transparency.
- Implied high program spending efficiency due to 0% reported officer compensation.
Frequently Asked Questions about World Education Inc
Is World Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, World Education Inc (EIN: 131804349) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does World Education Inc spend its money?
World Education Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to World Education Inc tax-deductible?
World Education Inc is registered as a tax-exempt nonprofit (EIN: 131804349). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the World Education Inc CEO make?
World Education Inc's highest-compensated officer earns $30 annually. The organization reported $48.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of World Education Inc's spending goes to programs?
World Education Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does World Education Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), World Education Inc is above average for NTEE category Q300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is World Education Inc located?
World Education Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 131804349. It is classified under NTEE code Q300.
How many years of IRS 990 filings does World Education Inc have?
World Education Inc has 10 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 $48.1M in total revenue.
Is World Education Inc. a good charity?
Based on the provided data, World Education Inc. appears to be a very good charity. Its consistent financial stability, high program spending efficiency (implied by 0% officer compensation and close revenue/expense alignment), and transparent filing history are strong positive indicators.
How does World Education Inc. manage its executive compensation?
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization of its scale. This suggests that either executive leadership is entirely volunteer-based, compensated through a related entity, or their compensation is categorized differently within the financial statements, warranting further investigation for full clarity.
What is World Education Inc.'s financial stability like?
World Education Inc. demonstrates strong financial stability. Its revenues have consistently exceeded expenses in most recent years (e.g., 2021 revenue $46.8M vs. expenses $45.2M), and its assets consistently outweigh liabilities (e.g., 2021 assets $10.2M vs. liabilities $4.5M), indicating a healthy balance sheet.
Filing History
IRS 990 filing history for World Education Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2021), World Education Inc's revenue has grown by 46.3%, moving from $32.0M to $46.8M. Total assets increased by 60.3% over the same period, from $6.4M to $10.2M. Total functional expenses rose by 40.3%, from $32.2M to $45.2M. In its most recent filing year (2021), World Education Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $4.6M in liabilities against $10.2M in assets (debt-to-asset ratio: 44.5%), resulting in net assets of $5.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $46.8M | $45.2M | $10.2M | $4.6M | — | View 990 |
| 2020 | $42.3M | $42.3M | $10.0M | $5.9M | — | View 990 |
| 2019 | $45.0M | $44.9M | $9.0M | $5.0M | — | View 990 |
| 2018 | $48.8M | $48.6M | $5.6M | $1.7M | — | — |
| 2017 | $46.6M | $46.1M | $7.3M | $3.7M | — | View 990 |
| 2016 | $45.1M | $44.7M | $8.3M | $5.2M | — | View 990 |
| 2015 | $38.2M | $38.6M | $6.2M | $3.7M | — | View 990 |
| 2014 | $36.7M | $36.8M | $5.6M | $2.7M | — | View 990 |
| 2013 | $34.8M | $35.0M | $5.9M | $2.9M | — | View 990 |
| 2012 | $32.0M | $32.2M | $6.4M | $3.3M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $46.8M, expenses of $45.2M, and assets of $10.2M (revenue +10.6% year-over-year).
- 2020: Revenue of $42.3M, expenses of $42.3M, and assets of $10.0M (revenue -5.9% year-over-year).
- 2019: Revenue of $45.0M, expenses of $44.9M, and assets of $9.0M (revenue -7.9% year-over-year).
- 2018: Revenue of $48.8M, expenses of $48.6M, and assets of $5.6M (revenue +4.9% year-over-year).
- 2017: Revenue of $46.6M, expenses of $46.1M, and assets of $7.3M (revenue +3.2% year-over-year).
- 2016: Revenue of $45.1M, expenses of $44.7M, and assets of $8.3M (revenue +18.0% year-over-year).
- 2015: Revenue of $38.2M, expenses of $38.6M, and assets of $6.2M (revenue +4.1% year-over-year).
- 2014: Revenue of $36.7M, expenses of $36.8M, and assets of $5.6M (revenue +5.4% year-over-year).
- 2013: Revenue of $34.8M, expenses of $35.0M, and assets of $5.9M (revenue +8.9% year-over-year).
- 2012: Revenue of $32.0M, expenses of $32.2M, and assets of $6.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Education Inc:
Data Sources and Methodology
This transparency report for World Education Inc 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.