WORLD OF DIFFERENCE INC

EIN: 208331980 501(c)(3) International Affairs

SALEM, UT

Total Revenue
$328,540
Total Expenses
$638,513
Total Assets
$2,117,614
Net Assets
$2,111,197
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
UT
Principal Officer
RICHARD P NIELSEN
Phone
8014231147
Tax Period
2024-01-01 to 2024-12-31

WORLD OF DIFFERENCE INC, founded in 2006, is a small nonprofit in the International Affairs sector that reported $329K in total revenue in fiscal year 2024. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $639K exceeded revenue, resulting in a 94% operating deficit.

Mission

Projects at World of Difference are focused on one or more of our three program pillars - agriculture, education and health -- in communities in Africa that are under-served. Many of our projects involve volunteers from the U.S. partnering in-country with our African neighbors to accomplish specific goals and objectives for sustainability. Having acquired land in Malawi in 2022, WOD has spent time and resources designing and implementing plans for how this land will be used to accomplish our strategic objectives. Many of our objectives directly impact individuals and families in the 14 villages that surround us.

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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 (2024)

Revenue Breakdown

Contributions & Grants $130,211
Program Service Revenue $0
Investment Income $198,329
Other Revenue $0
TOTAL REVENUE $328,540

Expense Breakdown

Grants Paid $0
Salaries & Benefits $130,263
Fundraising Expenses $0
Program Expenses $463,202
Other Expenses $508,250
TOTAL EXPENSES $638,513

Year-over-Year Comparison

2024 2023 Change
Revenue $328,540 $1,689,426 -0.8%
Expenses $638,513 $463,160 +0.4%
Net Income $-309,973 $1,226,266 -1.3%
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

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Governance

Voting Members
10
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
2
$0
Total Directors
10
$100,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALYCESUN CLARE Director 40.00
Director
$100,000 $0 $100,000
JODI NIELSEN Vice President 10.00
Director
$0 $0 $0
RICHARD P NIELSEN President 8.00
Officer Director
$0 $0 $0
JEFF ROGERS BOARD MEMBER 0.50
Director
$0 $0 $0
TIM WEEKS Treasurer 0.50
Director
$0 $0 $0
TANYA SNELSON Secretary 0.25
Officer Director
$0 $0 $0
DR MARY JANE HARRIS BOARD MEMBER 0.25
Director
$0 $0 $0
CHRIS TAMBASCO BOARD MEMBER 0.25
Director
$0 $0 $0
SAM BANDA BOARD MEMBER 0.00
Director
$0 $0 $0
MALLA KAIYA KAWALE BOARD MEMBER 0.00
Director
$0 $0 $0
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
2024 $328,540 $638,513 $2,117,614 $-309,973
2023 $1,689,426 $463,160 $2,426,845 $1,226,266
2022 $1,093,475 $314,604 $1,199,693 $778,871
2021 $26,627 $224,888 $396,851 $-198,261
2020 $586,322 $69,930 $591,288 $516,392
2019 $200,880 $214,798 $74,896 $-13,918
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