WORLD PARTNERS

EIN: 050525635 501(c)(3) International Affairs

Reading, MA

Total Revenue
$471,459
Total Expenses
$440,679
Total Assets
$45,455
Net Assets
$45,455
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MA
Principal Officer
Adam Swanson
Phone
7814399366
Tax Period
2022-01-01 to 2022-12-31

WORLD PARTNERS, founded in 2013, is a small nonprofit in the International Affairs sector that reported $471K in total revenue in fiscal year 2022. Revenue surged 98% from the prior year, signaling strong growth momentum. Expenses of $441K left a modest 7% surplus.

Mission

World Partners is a nondenominational Christian organization which seeks support, including grants, loans and direct or indirect contributions from the general public, for various projects of indigenous churches and missionaries in developing countries to assist with starting and expanding micro-enterprises.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $471,459
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $471,459

Expense Breakdown

Grants Paid $322,536
Salaries & Benefits $35,262
Fundraising Expenses $0
Program Expenses $322,536
Other Expenses $82,881
TOTAL EXPENSES $440,679

Year-over-Year Comparison

2022 2021 Change
Revenue $471,459 $238,617 +1.0%
Expenses $440,679 $237,219 +0.9%
Net Income $30,780 $1,398 +21.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
1
$60,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adam R Swanson President 40
Director
$33,000 $27,000 $60,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $471,459 $440,679 $45,455 $30,780
2021 $238,617 $237,219 $14,675 $1,398
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