Civic Intelligence

Free the Children C/O William C Moran & Assoc PC

990 • Fiscal year 2020 • EIN 16-1533544

Sep 01, 2019 to Aug 31, 2020 • Filed on Nov 21, 2020

6500 Main St Ste 5Williamsville, NY 14221

(416) 925-5894

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

42nd percentile

0.19x

Higher debt load relative to assets than 42% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

21st percentile

0.12x

Higher debt load relative to revenue than 21% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

8th percentile

$0

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

94th percentile

67%

Faster asset growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

42nd percentile

-0.2%

Faster revenue growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$19,639,434

Up $7,878,340 (+67%) from 2019

Net Assets

Up

$15,974,441

Up $5,347,935 (+50%) from 2019

Liabilities

Up

$3,664,993

Up $2,530,405 (+223%) from 2019

Revenue

Down

$31,078,742

Down $62,584 (-0.2%) from 2019

Expenses

Down

$26,146,513

Down $6,452,177 (-20%) from 2019

Net Income

Up

$4,932,229

Up $6,389,593 (+438%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $2,886,807Liabilities 2010: $12,645Net Assets 2010: $2,874,1622010Assets 2011: $1,812,758Liabilities 2011: $23,318Net Assets 2011: $1,789,4402011Assets 2012: $5,298,805Liabilities 2012: $77,030Net Assets 2012: $5,221,7752012Assets 2013: $11,431,909Liabilities 2013: $139,832Net Assets 2013: $11,292,0772013Assets 2014: $11,213,634Liabilities 2014: $59,720Net Assets 2014: $11,153,9142014Assets 2015: $16,383,349Liabilities 2015: $120,193Net Assets 2015: $16,263,1562015Assets 2016: $20,644,452Liabilities 2016: $168,604Net Assets 2016: $20,475,8482016Assets 2017: $19,288,509Liabilities 2017: $568,231Net Assets 2017: $18,720,2782017Assets 2018: $12,972,574Liabilities 2018: $241,276Net Assets 2018: $12,731,2982018Assets 2019: $11,761,094Liabilities 2019: $1,134,588Net Assets 2019: $10,626,5062019Assets 2020: $19,639,434Liabilities 2020: $3,664,993Net Assets 2020: $15,974,4412020Assets 2021: $15,990,436Liabilities 2021: $605,815Net Assets 2021: $15,384,6212021Assets 2022: $17,682,739Liabilities 2022: $1,267,331Net Assets 2022: $16,415,4082022Assets 2023: $13,382,039Liabilities 2023: $853,396Net Assets 2023: $12,528,6432023Assets 2024: $13,392,243Liabilities 2024: $721,652Net Assets 2024: $12,670,5912024

Highlighted filing

2020

Assets$19,639,434
Liabilities$3,664,993
Net Assets$15,974,441

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MExpenses 2010: $8,166,9922010Expenses 2011: $6,456,4452011Revenue 2012: $10,680,568Expenses 2012: $7,248,233Net Income 2012: $3,432,3352012Revenue 2013: $19,014,901Expenses 2013: $13,043,626Net Income 2013: $5,971,2752013Revenue 2014: $16,957,212Expenses 2014: $17,101,882Net Income 2014: -$144,6702014Revenue 2015: $27,201,170Expenses 2015: $21,929,522Net Income 2015: $5,271,6482015Revenue 2016: $31,311,405Expenses 2016: $27,237,629Net Income 2016: $4,073,7762016Revenue 2017: $33,047,903Expenses 2017: $35,143,503Net Income 2017: -$2,095,6002017Revenue 2018: $18,272,749Expenses 2018: $24,442,950Net Income 2018: -$6,170,2012018Revenue 2019: $31,141,326Expenses 2019: $32,598,690Net Income 2019: -$1,457,3642019Revenue 2020: $31,078,742Expenses 2020: $26,146,513Net Income 2020: $4,932,2292020Revenue 2021: $8,510,977Expenses 2021: $9,226,937Net Income 2021: -$715,9602021Revenue 2022: $8,928,709Expenses 2022: $6,071,069Net Income 2022: $2,857,6402022Revenue 2023: $2,418,093Expenses 2023: $6,248,057Net Income 2023: -$3,829,9642023Revenue 2024: $5,302,943Expenses 2024: $5,643,447Net Income 2024: -$340,5042024

Highlighted filing

2020

Revenue$31,078,742
Expenses$26,146,513
Net Income$4,932,229
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Nov 21, 2020
Return Version
2019v5.0
Gross Receipts
$41,647,913
Mission and Program Overview

Mission

We charity is an international charity and educational partner which empowers youth around the world to make a positive change in their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,114,651$9,984,249▲ $4,869,598
Cash and Non-Interest-Bearing Accounts$2,323,070$2,007,200▼ $315,870
Accounts Receivable$1,719,204$1,979,684▲ $260,480
Intangible Assets$720,859$542,292▼ $178,567
Pledges and Grants Receivable$291,463$187,686▼ $103,777
Land, Buildings, and Equipment, Net$1,068,546$134,937▼ $933,609
Savings and Temporary Cash Investments$132,915$132,946▲ $31
Prepaid Expenses and Deferred Charges$300,386$23,657▼ $276,729
Total Assets$11,761,094$19,639,434▲ $7,878,340
Other Assets Total$90,000$4,646,783▲ $4,556,783
Liabilities
Other Liabilities-$3,508,000-
Accounts Payable and Accrued Expenses$1,134,588$156,993▼ $977,595
Total Liabilities$1,134,588$3,664,993▲ $2,530,405
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,530,798$14,252,515▲ $6,721,717
Net Assets With Donor Restrictions$3,095,708$1,721,926▼ $1,373,782
Total Net Assets Fund Balance$10,626,506$15,974,441▲ $5,347,935
Total Liabilities and Net Assets / Fund Balance$11,761,094$19,639,434▲ $7,878,340

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$134,937$949,639$1,084,576
Other Assets Org$21,778--
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Millbank LLPLegal55 HUDSON YARDS, New York, NY 10001-2163$157,286
David Baum And Associates LLCConsulting53 OLD JAFFREY ROAD, Peterborough, NH 03458$139,958
202 Stategies LLCConsulting3717 EDENHORN AVENUE, Metairie, LA 70002$104,450
Revenue and Support

Revenue Composition

Contributions and Grants
$31,393,730
Program Service Revenue
$0
Investment Income
$-314,988
Other Revenue
$0
All Other Contributions
$31,393,730
Change in Net Assets
$4,932,229

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Drugs and Medical Supplies4$2,981,400Cost
Securities Publicly Traded3$1,166,551Fair Market Value
Total Noncash Contributions7$4,147,951-

Audited Revenue Reconciliation

Revenue per Audited Statements
$31,382,427
Revenue Not Reported on Financial Statements
$-303,685
Revenue Not Reported on Form 990
$415,706
Other Revenue Adjustments
$-303,685
Total Revenue per Audited Statements
$31,798,133
Total Revenue per Form 990
$31,078,742
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$18,832,806
Other Expenses$5,882,721
Salaries, Compensation, and Employee Benefits$1,430,986
Total Fundraising Expense$201,927
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$18,832,806--$18,832,806
Other Salaries and Wages$967,117$120,890$120,890$1,208,897
Fees for Services Other$563,621$857$51,235$615,713
Travel$517,871--$517,871
Depreciation Depletion$187,225$191,129-$378,354
Occupancy$61,983$240,000-$301,983
Fees for Services Legal-$196,226$7,822$204,048
Other Employee Benefits$98,613$14,615$12,326$125,554
Advertising$118,550--$118,550
Payroll Taxes$77,228$9,653$9,654$96,535
Office Expenses$16,566$61,200-$77,766
Fees for Services Accounting-$73,545-$73,545
All Other Expenses$15,649$33,363-$49,012
Other Expenses$1,559$39,671-$41,230
Insurance$7,832$358-$8,190
Total Functional Expenses$24,910,186$1,034,400$201,927$26,146,513

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$26,450,198
Total Expenses per Audited Statements$26,450,198
Total Expenses per Form 990$26,146,513
Expenses Not Reported on Financial Statements$-303,685
Other Expense Adjustments$-303,685
International Activity

International Summary

Offices
10
Employees
238
Spending
$18,832,806

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaGrantmakingMedical Relief4232$9,403,000
HaitiProgram ServiceHumanitarian Relief11$3,317,600
KenyaProgram ServiceHumanitarian Relief11$3,185,216
EcuadorProgram ServiceHumanitarian Relief11$2,487,590
IndiaProgram ServiceHumanitarian Relief11$280,000
ChinaProgram ServiceHumanitarian Relief11$80,000
TanzaniaProgram Service-11$79,400
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Parties$3,508,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Jonathan white shelley white chair board member married

Form 990, Page 6, Part VI, Line 6

There are two classes of membership, founding members and voting members. Voting members are authorized to elect the board of directors and also to elect additional members. Founding members approval is required to admit new members but have no other voting rights.

Form 990, Page 6, Part VI, Line 7A

Voting members are authorized to elect the board of directors.

Form 990, Page 6, Part VI, Line 11B

The chief financial officer distributes form 990 to the board of directors and obtains their approval prior to filing.

Form 990, Page 6, Part VI, Line 12C

New board members and officers are provided the written conflict of interests policy and must sign a document representing they are in compliance. All board members are required to update the document annually.

Form 990, Page 6, Part VI, Line 15A

Currently there is no compensation provided to top officials.

Form 990, Page 6, Part VI, Line 15B

Currently there is no compensation provided to officers.

Form 990, Page 6, Part VI, Line 19

All governing documents required to be made available to the public are available upon request.

Filing and Contact Details

Filer

Filer Name
We Charity
EIN
16-1533544
Phone
4169255894
Address
6500 MAIN ST STE 5, WILLIAMSVILLE, NY 14221

Signing Officer

Name
Victor Li
Title
CFO
Phone
4169255894
Signed
2020-11-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Victor Li
Formed
1996
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
50
Volunteers
2,000

Preparer

Firm
Swiantek Kling & Pasieka Llp
Address
1026 ENGLEWOOD AVE, KENMORE, NY 14223
Preparer
Roy a Pasieka CPA
Phone
7168754220
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 4B

CANADA

Form 990, Part XI, Line 9

Loss on sale of assets 303,685 loss on sale of assets -303,685

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has no uncertain tax positions requiring disclosure.

Schedule D, Page 4, Part XI, Line 4B

Loss on sale of assets -303,685

Schedule D, Page 4, Part XII, Line 4B

Loss on sale of assets -303,685

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IRS990/MissionDesc0WE CHARITY IS AN INTERNATIONAL CHARITY AND EDUCATIONAL PARTNER WHICH EMPOWERS YOUTH AROUND THE WORLD TO MAKE A POSITIVE CHANGE IN THEIR COMMUNITIES.
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IRS990/OtherExpensesGrp/Desc0DOMESTIC PROJECTS
IRS990/OtherExpensesGrp/Desc1HANDLING FEES
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3DUES & SUBSCRIPTIONS
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IRS990/OtherExpensesGrp/TotalAmt341230
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IRS990/PrincipalOfficerNm0VICTOR LI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0DOMESTICALLY, THE ORGANIZATION PROVIDES COMPREHENSIVE PROGRAMS FOR SERVICE LEARNING AND ACTIVE CITIZENZHIP, INSPIRING A GENERATION TO ACT. ITS CORE DOMESTIC PROGRAMMING, WE DAY AND WE SCHOOLS, PROVIDE YOUTH WITH THE INSPIRATION, TOOLS AND OPPORTUNITIES TO BECOME ACTIVE LOCAL, NATIONAL AND GLOBAL CITIZENS. BY INSTILLING ACTIVE CITIZENSHIP, INCREASING ACADEMIC ENGAGEMENT AND IMPROVING THE UNIVERSITY AND WORKPLACE READINESS OF PARTICIPANTS, WE DAY AND WE SCHOOLS WORK TOGETHER TO EQUIP TODAY'S YOUNG LEADERS FOR A BETTER TOMORROW.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt014894732
IRS990/ProgSrvcAccomActy2Grp/GrantAmt09403000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt018222076
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYInvestmentIncomeAmt0199847
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IRS990/PYOtherRevenueAmt010780
IRS990/PYRevenuesLessExpensesAmt0-1457364
IRS990/PYSalariesCompEmpBnftPaidAmt02641618
IRS990/PYTotalExpensesAmt032598690
IRS990/PYTotalRevenueAmt031141326
IRS990/ReconcilationRevenueExpnssAmt04932229
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0132946
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME 17,169 TRAVEL & MEALS REIMBURSEMENT 191,264
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCOUNTS RECEIVABLE - REL PARTIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PROMISES TO GIVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ACCRUED INTEREST RECEIVABLE
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IRS990ScheduleD/RevenueSubtotalAmt031382427
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON SALE OF ASSETS -303,685
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON SALE OF ASSETS -303,685
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.4$0.72$12.7$5.30$5.64$0.34
2023Detailed filing. Detailed filing data is available for this year.$13.4$0.85$12.5$2.42$6.25$3.83
2022Detailed filing. Detailed filing data is available for this year.$17.7$1.27$16.4$8.93$6.07$2.86
2021Detailed filing. Detailed filing data is available for this year.$16.0$0.61$15.4$8.51$9.23$0.72
2020Detailed filing. Detailed filing data is available for this year.$19.6$3.66$16.0$31.1$26.1$4.93
2019Detailed filing. Detailed filing data is available for this year.$11.8$1.13$10.6$31.1$32.6$1.46
2018Summary only. Only limited summary data is available for this year.$13.0$0.24$12.7$18.3$24.4$6.17
2017Detailed filing. Detailed filing data is available for this year.$19.3$0.57$18.7$33.0$35.1$2.10
2016Summary only. Only limited summary data is available for this year.$20.6$0.17$20.5$31.3$27.2$4.07
2015Detailed filing. Detailed filing data is available for this year.$16.4$0.12$16.3$27.2$21.9$5.27
2014Detailed filing. Detailed filing data is available for this year.$11.2$0.06$11.2$17.0$17.1$0.14
2013Detailed filing. Detailed filing data is available for this year.$11.4$0.14$11.3$19.0$13.0$5.97
2012Summary only. Only limited summary data is available for this year.$5.30$0.08$5.22$10.7$7.25$3.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.02$1.79$6.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$0.01$2.87$8.17