BBB Wise Giving Report for
World Neighbors

BBB Wise Giving Report issued November 2010
BBB Wise Giving Report expires November 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: World Neighbors
Address: 4127 Northwest 122nd Street
  Oklahoma City, OK 73120
Phone: 800-242-6387
405-752-9700
Web Address: www.wn.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1966, Oklahoma
Affiliates: None

Stated Purpose: “to inspire people and strengthen communities to find lasting solutions to hunger, poverty and disease and to promote a healthy environment.”

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Evaluation Conclusions

              

World Neighbors meets the 20 Standards for Charity Accountability.
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Programs

              

World Neighbors is an international development organization that aims to eliminate hunger, poverty and disease in rural villages of Asia, Africa and Latin America. World Neighbors provides training to individuals in these regions to create their own solutions through programs that combine agriculture, literacy, water, health, and environmental protection.

For the fiscal year ended June 30, 2009, World Neighbors's program expenses were:

  
Grants and program expenses 5,173,011
Public education 848,085
Total Program Expenses: $6,021,096
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Governance

              

Chief Executive : Melanie Macdonald, President & CEO
Compensation*:
$162,940

Chair of the Board: Steve Schomberg
Chair's Profession / Business Affiliation: Former Educator

Board Size: 20

Paid Staff Size: 68

*July 1, 2008 - June 30, 2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

Direct mail, special events, print advertisements, radio, grant proposals, Internet appeals, planned giving, and membership appeals.
Fund raising costs were 22% of related contributions. (Related contributions, which totaled $5,489,599, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on World Neighbors's audited financial statements for the fiscal year ended June 30, 2009.

Source of Funds  
Contributions 3,758,436
Direct overseas grants 1,584,586
Special events 146,577
Other income 52,968
Investment income 1,897
Change in the value of split-interest agreements -141,125
Losses on uncollectible pledges -373,196
Net investment losses -1,207,446
Total Income $3,822,697


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Uses of Funds as a % of Total Expenses

Programs: 73%  Fund Raising: 15%  Administrative: 12% 

Total income   $3,822,697
  Program expenses $6,021,096
  Fund raising expenses 1,204,605
  Administrative expenses 961,696
 
Total expenses   $8,187,397
Expenses in Excess of Income   (4,364,700)
Beginning net assets   12,918,633
Ending net assets   8,553,933
Total liabilities   2,509,227
Total assets   $11,063,160


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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