WORLD DEVELOPMENT FOUNDATION INC

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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

2015

Legal Domicile

Principal Officer

HENRY MAC DONALD

Tax Period

2018-01-01 to 2018-12-31

WORLD DEVELOPMENT FOUNDATION INC, founded in 2015, is a small nonprofit that reported $114K in total revenue in fiscal year 2018. Revenue fell 59% from the prior year — a significant decline worth monitoring.

Mission

THE WORLD DEVELOPMENT FOUNDATION BRINGS TOGETHER AND SUPPORTS GOVERNMENTS, UNITED NATIONS, CIVIL SOCIETY, ACADEMIC COMMUNITIES, CORPORATIONS, AND PRIVATE INVESTORS THROUGHOUT THE WORLD TOWARD GLOBAL SUSTAINABLE DEVELOPMENT-WITH RESPECT FOR AND IN HOPE OF ACHIEVING THE SDG

Program Service Accomplishments

Program 1

Expenses: $110,467 Revenue: $114,467

TO WORK WITH OTHER ORGANIZATION THROUGHOUT 2018 IN ORDER TO PROMOTE NEW ECONOMIES, INVESTMENT AND OTHER INITIATIVES THAT PROMOTE THE SUCESS OF THE SUSTAINABLE DEVELOPMENT GOALS. THE PROGRAM DISCUSSES THE NEED FOR THE PRIVATOR SECTOR TO JOIN THE CAMPAIGN FOR SUCCESSFULY SUSTAINABLE DEVELOPMENT GOALS.UN STAFF WEIGHED IN ON CURRENT AND PROPOSED PROGRAMMING TO ENCOURAGE MULT-STAKEHOLDER INVOLVEMENT IN THE SUCESS OF THE SDGS. THE CONFERENCE ALSO FEATURED THE MEDIA LAUNCH OF THE FIRST LADIES OF THE WORLD (FLOW) SUMMIT, SET FOR FALL 2018. OTHER HIGHLIGHTS INCLUDED PRESENTATIONS BY CORPORATE LEADERS WHO ARE SEEKING WAYS TO COMBINE VALUE-ADDED PROPOSITIONS FOR THEIR BOTTOM LINES THROUGH ADHERENCE TO THE GOALS.

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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%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $114,467

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $114,467

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $110,467

Other Expenses $113,967

TOTAL EXPENSES $113,967

Year-over-Year Comparison

	2018	2017	Change
Revenue	$114,467	$276,000	-0.6%
Expenses	$113,967	$287,973	-0.6%
Net Income	$500	$-11,973	-1.0%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
HENRY MAC DONALD	PRESIDENT	Officer Director	$0	$0	$0
PATRICK SCIARRATTA	PROGRAM DIRECTOR	Officer Director	$0	$0	$0
NA FAN	ADMINISTRATOR	Officer Director	$0	$0	$0
XIANGANG GUO	CHAIRMAN	Officer 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
2018	$114,467	$113,967	$9,145	$500