Civic Intelligence

We Are the World Foundation

990 • Fiscal year 2011 • EIN 27-1865560

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 15, 2012

PO Box 408490411-4084
Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$2,729,289

No earlier filing loaded for comparison.

Net Assets

$2,726,499

No earlier filing loaded for comparison.

Liabilities

$2,790

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$425,925

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,729,289Liabilities 2011: $2,790Net Assets 2011: $2,726,4992011Assets 2012: $2,269,223Liabilities 2012: $1,639Net Assets 2012: $2,267,5842012Assets 2014: $588,621Liabilities 2014: $636Net Assets 2014: $587,9852014Assets 2015: $385,079Liabilities 2015: $2,987Net Assets 2015: $382,0922015Assets 2016: $32,160Liabilities 2016: $110Net Assets 2016: $32,0502016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2011

Assets$2,729,289
Liabilities$2,790
Net Assets$2,726,499

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $425,9252011Expenses 2012: $785,7792012Revenue 2014: $22,687Expenses 2014: $505,027Net Income 2014: -$482,3402014Revenue 2015: $30,362Expenses 2015: $236,255Net Income 2015: -$205,8932015Revenue 2016: $34,467Expenses 2016: $384,509Net Income 2016: -$350,0422016Revenue 2017: $49,106Expenses 2017: $81,156Net Income 2017: -$32,0502017

Highlighted filing

2011

Revenue-
Expenses$425,925
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 15, 2012
Return Version
2011v1.2
Gross Receipts
$279,661
Mission and Program Overview

Mission

The foundation's mission is to use the distribution of the audio and visual recordings of the performance of "we are the world 25 for haiti" as an educational tool to raise consciousness about the ongoing needs in haiti and other parts of the developing world affected by natural disasters; to build a worldwide movement that furthers the spirit of philanthropic activism; and to raise funds for distribution to other charitable organizations with efficient relief and development programs in haiti.

Filing and Contact Details

Filer

EIN
27-1865560
Raw XML Appendix367 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDescription0THE FOUNDATION'S MISSION IS TO USE THE DISTRIBUTION OF THE AUDIO AND VISUAL RECORDINGS OF THE PERFORMANCE OF "WE ARE THE WORLD 25 FOR HAITI" AS AN EDUCATIONAL TOOL TO RAISE CONSCIOUSNESS ABOUT THE ONGOING NEEDS IN HAITI AND OTHER PARTS OF THE DEVELOPING WORLD AFFECTED BY NATURAL DISASTERS; TO BUILD A WORLDWIDE MOVEMENT THAT FURTHERS THE SPIRIT OF PHILANTHROPIC ACTIVISM; AND TO RAISE FUNDS FOR DISTRIBUTION TO OTHER CHARITABLE ORGANIZATIONS WITH EFFICIENT RELIEF AND DEVELOPMENT PROGRAMS IN HAITI.
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IRS990/Description0THROUGH ITS DISTRIBUTION OF THE AUDIO AND VISUAL RECORDINGS OF THE PERFORMANCE OF "WE ARE THE WORLD 25 FOR HAITI" THROUGH VARIOUS MEDIA CHANNELS (BROADCAST TELEVISION; CABLE, SATELLITE AND PAY-PER-VIEW TELEVISION; INTERNET; AND DOWNLOAD), THE FOUNDATION HAS RAISED AWARENESS AND EDUCATED LISTENERS AND VIEWERS OF THE ONGOING RELIEF EFFORTS IN HAITI. THE FOUNDATION HAS USED THE POWERFUL "WE ARE THE WORLD" MESSAGE TO RE-FOCUS THE PUBLIC'S ATTENTION AND REMIND COMPASSIONATE PEOPLE THAT THE REBUILDING OF WHAT WAS ONE OF THE POOREST NATIONS ON EARTH, EVEN PRIOR TO THE EARTHQUAKE, WILL TAKE DECADES. FROM ROYALTIES GENERATED THROUGH THE DISTRIBUTION OF THE NEW RECORDING, THE FOUNDATION HAS BEEN ABLE TO PROVIDE GRANTS TO OTHER CHARITABLE ORGANIZATIONS MAKING A POSITIVE IMPACT IN HAITI.
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IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0SCHEDULE I, PART I, LINE 2: THE FOUNDATION'S DIRECTORS HAVE PERSONAL FAMILIARITY WITH THE HISTORIES AND GOOD WORKS OF THE DONEE ORGANIZATIONS. THE FOUNDATION CONDUCTS PERIODIC FOLLOW-UPS WITH THE OFFICERS OF THE DONEE ORGANIZATIONS TO VERIFY THE APPROPRIATE EXPENDITURE OF GRANT FUNDS.
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IRS990ScheduleI/RecipientTable/PurposeOfGrant0ON APRIL 18, 2010, THE FOUNDATION'S BOARD OF DIRECTORS APPROVED A GRANT IN THE AMOUNT OF $1,500,000 TO ARTISTS FOR PEACE AND JUSTICE ("APJ"), A DOMESTIC TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, FOR THE CONSTRUCTION AND FIVE YEARS OF OPERATIONS OF A MUSIC SCHOOL FOR IMPOVERISHED YOUNG PEOPLE IN HAITI. THE FIRST INSTALLMENT OF THAT GRANT WAS DISBURSED ON JANUARY 5, 2011 FOLLOWING THE FOUNDATION'S RECEIPT FROM APJ OF PROJECT DETAIL, PLANS AND DOCUMENTATION.
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IRS990ScheduleO/GeneralExplanation/Explanation0DIRECTOR/OFFICER MICHELLE TAFOYA SERVES AS EXECUTIVE ASSISTANT TO DIRECTOR LIONEL RICHIE. DIRECTOR ADAM FELL SERVES AS BUSINESS MANAGER TO DIRECTOR QUINCY JONES.
IRS990ScheduleO/GeneralExplanation/Explanation1AN ACCOUNTING FIRM IS HIRED TO PREPARE THE TAX RETURN AND A COPY IS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW BEFORE THE TAX RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation2THE FOUNDATION'S CONFLICT OF INTEREST POLICY REQUIRES DIRECTORS AND OFFICERS TO DISCLOSE CONFLICTS OF INTEREST. THE ORGANIZATION REGULARLY REVIEWS TRANSACTIONS THAT MAY GIVE RISE TO CONFLICTS OF INTEREST. THUS FAR, NO CONFLICTS HAVE ARISEN.
IRS990ScheduleO/GeneralExplanation/Explanation3THE FOUNDATION COMPLIES WITH THE REQUIREMENT THAT IT DISCLOSE TO THE PUBLIC, UPON REQUEST, ITS FORM 1023 AND ATTACHMENTS (INCLUDING ARTICLES OF INCORPORATION AND BYLAWS). THE FOUNDATION'S FINANCIAL STATEMENTS ARE INCORPORATED INTO THE FORM 990 WHICH, OF COURSE, IS AVAILABLE TO THE PUBLIC.
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ReturnHeader/Preparer/Name0HEIDEMARIE S ZEPF
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ReturnHeader/TaxPeriodEndDate02011-12-31
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ReturnHeader/Timestamp02012-11-15T18:55:15-06:00

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