Civic Intelligence

Wonderwork Inc

EIN 27-4159217 • 501(c)3 • New York, NY

Profile

Provide treatment, surgery, and related assistance to children and adults everywhere, including those in developing countries, suffering from disease, illness, or disability. For more information, see schedule o.

411 Fifth Avenue Suite 702New York, NY 10016

www.wonderwork.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.68x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

71st percentile

0.67x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

71st percentile

16%

Higher net margin than 71% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

13th percentile

-5.8%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

52nd percentile

7.8%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Down

$14,545,082

Down $900,361 (-5.8%) from 2014

Liabilities

Down

$9,836,110

Down $850,556 (-8.0%) from 2014

Net Assets

Down

$4,708,972

Down $49,805 (-1.0%) from 2014

Revenue

Up

$14,652,590

Up $1,065,921 (+7.8%) from 2014

Expenses

Down

$12,294,351

Down $492,199 (-3.8%) from 2014

Net Income

Up

$2,358,239

Up $1,558,120 (+195%) from 2014

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2013: $8,357,225Liabilities 2013: $5,628,863Net Assets 2013: $2,728,3622013Assets 2014: $15,445,443Liabilities 2014: $10,686,666Net Assets 2014: $4,758,7772014Assets 2015: $14,545,082Liabilities 2015: $9,836,110Net Assets 2015: $4,708,9722015

Highlighted filing

2015

Assets$14,545,082
Liabilities$9,836,110
Net Assets$4,708,972

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0Expenses 2013: $11,835,2442013Revenue 2014: $13,586,669Expenses 2014: $12,786,550Net Income 2014: $800,1192014Revenue 2015: $14,652,590Expenses 2015: $12,294,351Net Income 2015: $2,358,2392015

Highlighted filing

2015

Revenue$14,652,590
Expenses$12,294,351
Net Income$2,358,239

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 13, 2016
Return Version
2014v6.0
Gross Receipts
$26,739,454
Mission and Program Overview

Mission

Provide treatment, surgery, and related assistance to children and adults everywhere, including those in developing countries, suffering from disease, illness, or disability. For more information, see schedule o.

Provide free surgery to indigent children and adults, financial support for local hospitals, and raise awareness about the lack of access to surgery in developing countries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,066,815$13,150,125▼ $916,690
Savings and Temporary Cash Investments$413,121$590,395▲ $177,274
Cash and Non-Interest-Bearing Accounts$460,840$499,723▲ $38,883
Pledges and Grants Receivable$370,116$197,136▼ $172,980
Loans From Officers Directors$200,000$150,000▼ $50,000
Land, Buildings, and Equipment, Net$88,926$57,338▼ $31,588
Prepaid Expenses and Deferred Charges$45,625$45,625→ $0
Accounts Receivable$0$4,740▲ $4,740
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Total Assets$15,445,443$14,545,082▼ $900,361
Other Assets Total$0$0→ $0
Liabilities
Unsecured Notes Loans Payable$9,318,750$9,452,417▲ $133,667
Accounts Payable and Accrued Expenses$1,167,916$233,693▼ $934,223
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$10,686,666$9,836,110▼ $850,556
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,382,362$4,497,054▲ $2,114,692
Unrestricted Net Assets$2,376,415$211,918▼ $2,164,497
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$4,758,777$4,708,972▼ $49,805
Total Liabilities and Net Assets / Fund Balance$15,445,443$14,545,082▼ $900,361

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$15,139$42,038$57,177
Equipment$15,123$40,703$55,826
Other Land Buildings$27,076$20,488$47,564
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian MullaneyCo-founder, President & CEOFT$475,000$43,682$475,000
Hana FuchsChief Financial OfficerFT$200,000$20,000$220,000
Delois GreenwoodSenior Advisor Global ProgramsFT$175,000$17,500$192,500
Karen LazarusDirector Strategic ProjectsFT$150,000$15,000$165,000
Elaine PatafioDirector MarketingFT$147,500$5,000$152,500

Board Members and Trustees

NameTitle
Jj ConeysAudit Committee Chair
Ravi KantDirector
Theodore Dysarttreasurer/secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Kaplan Kravet Vogel PClegal services630 THIRD AVE 5TH FLOOR, New York, NY 10017-6705$447,081
Onix Partners LLCConsulting Services101 28TH STREET UNIT 3, San Francisco, CA 94131$136,000
Revenue and Support

Revenue Composition

Contributions and Grants
$12,396,269
Program Service Revenue
$0
Investment Income
$2,254,262
Other Revenue
$2,059
All Other Contributions
$12,396,269
Change in Net Assets
$2,358,239

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded11$230,758Fair Market Value (FMV)
Total Noncash Contributions11$230,758-

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,652,590
Revenue Not Reported on Form 990
$-885,932
Total Revenue per Audited Statements
$13,766,658
Total Revenue per Form 990
$14,652,590
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,684,299
Total Fundraising Expense$2,875,177
Grants and Similar Amounts Paid$1,992,500
Salaries, Compensation, and Employee Benefits$1,617,552
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$4,563,580$281,296$2,221,406$7,066,282
Foreign Grants$1,992,500--$1,992,500
Current Officers, Directors, Trustees, and Key Employees$503,853$43,649$161,365$708,867
Other Salaries and Wages$498,593$43,196$159,679$701,468
Fees for Services Legal$278,888$38,399$44,619$361,906
Travel$190,696$55,065$68,311$314,072
Fees for Services Other$237,733$32,732$38,035$308,500
Occupancy$150,555$8,453$36,980$195,988
Other Expenses$113,035$32,640$40,492$186,167
Other Employee Benefits$78,475$6,799$25,133$110,407
Advertising$66,633$4,115$32,913$103,661
Payroll Taxes$54,795$4,747$17,549$77,091
Fees for Services Accounting$43,212$5,950$6,913$56,075
Depreciation Depletion$32,866$1,846$8,073$42,785
Insurance$23,787$1,335$5,843$30,965
Pension Plan Contributions$14,015$1,215$4,489$19,719
Information Technology$13,749$772$3,377$17,898
Total Functional Expenses$8,856,965$562,209$2,875,177$12,294,351

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$13,816,463
Expenses per Audited Statements$12,294,351
Total Expenses per Form 990$12,294,351
Expenses Not Reported on Form 990$1,522,112
International Activity

International Summary

Employees
1
Spending
$2,017,500

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
South AsiaGrantmakingConsulting-1$1,680,500
Europe (Including Iceland and Greenland)Grantmaking---$193,000
Sub-Saharan AfricaGrantmaking---$89,000
East Asia and the PacificGrantmaking---$30,000
South AsiaProgram Services---$25,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$200,000$150,000▼ $50,000
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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 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
Filing and Contact Details

Filer

Filer Name
Wonderwork Inc
EIN
27-4159217
In Care Of
% HANA FUCHS
Phone
2127291855
Address
411 FIFTH AVENUE SUITE 702, NEW YORK, NY 10016

Signing Officer

Name
Brian Mullaney
Title
Co-founder and CEO
Phone
2127291855
Signed
2016-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Mullaney
Formed
2011
Legal Domicile
De
Voting Board Members
4
Independent Board Members
3
Employees
14
Volunteers
3

Preparer

Firm
Kpmg Llp
Address
345 Park Avenue, New York, NY 10154-0102
Preparer
Phillip Groff
Phone
2127589700
Supplemental Narrative

Additional Explanations

Organization'S Mission

form 990, part iii, line 1 WONDERWORK IS A NOT-FOR-PROFIT ORGANIZATION WHICH WAS FOUNDED TO PROVIDE TREATMENT, SURGERY, AND RELATED ASSISTANCE TO CHILDREN AND ADULTS IN UNDERSERVED REGIONS OF THE WORLD. WONDERWORK PROVIDES LIFE-CHANGING SUPPORT FOR ILLNESS, DISEASE, AND DISABILITY INCLUDING BUT NOT LIMITED TO BLINDNESS, CLUBFOOT, BURN CARE, HYDROCEPHALUS, AND PEDIATRIC CARDIAC SURGERY. WONDERWORK SUPPORTS OTHER MEDICAL INSTITUTIONS AND CHARITABLE ORGANIZATIONS ENGAGED IN THE PROVISION OF THESE SERVICES; AS WELL AS, EDUCATES DOCTORS AND RAISES PUBLIC AWARENESS ON NEEDED SURGICAL CARE AND RELATED TREATMENT FOR UNDERSERVED POPULATIONS WITH DISABILITIES. WONDERWORK ALSO AIMS TO FURTHER THE PUBLIC EDUCATION AND PUBLIC INTERACTION BY ENGAGING IN PUBLIC EDUCATION AND DELIVERY OF CALLS TO ACTION ASKING THE PUBLIC TO TAKE ACTION IN SUPPORT OF WONDERWORK'S PROGRAMS IN CONJUNCTION WITH FUNDRAISING APPEALS.

significant program service activities

form 990, part iii, line 3 THE ORGANIZATION WAS INCORPORATED IN AND FILED AN INITIAL RETURN IN FISCAL YEAR 2011. DURING FISCAL YEAR 2012, WONDERWORK, INC. RECEIVED SIGNIFICANT SUPPORT FROM DONORS AND INCREASED OPERATIONS TO SUPPORT ITS FIVE MAIN SERVICE AREAS - BLINDNESS, CLUBFOOT, BURN CARE, HYDROCEPHALUS, AND PEDIATRIC CARDIAC SURGERY. THE ORGANIZATION SAW CONTINUED GROWTH IN FISCAL YEAR 2013, 2014 AND 2015, HOWEVER, MOST DONATIONS WERE RESTRICTED TO THE BLINDNESS, CLUBFOOT, AND BURN CARE PROGRAMS.

990 review

Form 990, part vi, line 11b THE FORM 990 WAS PREPARED BY AN INTERNATIONAL ACCOUNTING FIRM AND THE FINANCE DEPARTMENT. A COPY OF THE FORM 990 WAS REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS AND WAS DISTRIBUTED TO ALL BOARD MEMBERS BEFORE FILING WITH THE IRS.

monitoring and compliance with conflict of interest policy

Form 990, part vi, line 12c EACH OFFICER, DIRECTOR AND KEY EMPLOYEE OF THE ORGANIZATION IS REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE THROUGH EMPLOYMENT, BOARD SERVICE OR POSITION IN THE ORGANIZATION. THE ORGANIZATION MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH ANNUAL COMPLETION OF THE QUESTIONNAIRE AND DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THESE INDIVIDUALS. ALSO, NEW EMPLOYEES JOINING THE ORGANIZATION ARE REQUIRED TO COMPLETE THE QUESTIONNAIRE. POTENTIAL CONFLICTS OF INTEREST ARE INVESTIGATED IMMEDIATELY, AND A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN DISCUSSIONS ON ANY MATTER RELATED TO THE CONFLICT. COMPLETED QUESTIONNAIRES ARE AVAILABLE FOR INSPECTION BY ANY BOARD MEMBER AND MAY BE REVIEWED BY THE ORGANIZATION'S LEGAL COUNSEL. THE FINANCE DEPARTMENT MONITORS NEW CONTRACTS AND INVOICE PAYMENTS TO MAKE SURE THAT THE POLICY IS FOLLOWED.

process for determining compensation

form 990, part vi, line 15 AN INDEPENDENT COMPENSATION COMMITTEE HAS BEEN ESTABLISHED BY THE BOARD OF DIRECTORS TO SECURE DATA FROM AND ABOUT COMPARABLE NONPROFIT ORGANIZATIONS IN OUR AREA TO BENCHMARK PAY. THE COMMITTEE WAS ESTABLISHED TO FURTHER COLLECT OTHER PUBLISHED SURVEY DATA, WHEN APPROPRIATE, OF FOR-PROFIT ORGANIZATIONS FOR SPECIFIC FUNCTIONAL COMPETENCIES SUCH AS FINANCE AND HUMAN RESOURCES. TOGETHER WITH THIS DATA FROM THE COMPARABLE LOCAL ORGANIZATIONS, DATA FROM THESE MARKET SEGMENTS ARE USED TO FORM A "MARKET COMPOSITE" TO ASSESS THE COMPETITIVENESS, FAIRNESS AND APPROPRIATENESS OF COMPENSATION PAID BY WONDERWORK TO ITS EXECUTIVES AND OTHER EMPLOYEES. WONDERWORK'S COMPENSATION STRATEGY AND IMPLEMENTATION IS ADMINISTERED BY THIS COMPENSATION COMMITTEE, WHICH WILL REPORT ITS FINDINGS TO THE BOARD OF DIRECTORS. THE BOARD, THROUGH THIS COMMITTEE, IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATION PROGRAM FOR THE ORGANIZATION AND COORDINATING AN ANNUAL REVIEW BY AN INDEPENDENT REVIEWER (OR AN INTERNAL DETERMINATION) TO EVALUATE THE ORGANIZATION'S EXECUTIVE COMPENSATION AGAINST THE COMPETITIVE MARKET. FOLLOWING THE REVIEW OF THIS EVALUATION, THE BOARD APPROVES, FOR SELECTED KEY EXECUTIVES, BASE SALARIES AND ANNUAL INCENTIVE OPPORTUNITY ADJUSTMENTS (IF ANY), AND OBJECTIVES AND GOALS FOR THE UPCOMING YEAR. COMPENSATION REVIEWS ARE CONTEMPORANEOUSLY DOCUMENTED IN BOARD AND COMMITTEE MINUTES.

document disclosure

Form 990, part vi, line 19 THE ORGANIZATION MAKES THE FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS HEADQUARTERS IN NEW YORK CITY. THE FORM 990 IS ALSO PUBLISHED ON THE INTERNET ON THE ORGANIZATION'S WEBSITE. THE ORGANIZATIONS FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE WEBSITE (WWW.WONDERWORK.ORG). THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.

Financial Statement Notes

Uncertain Tax Positions

Form 990, schedule d, part x, line 2 wonderwork recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Income generated from activities unrelated to wonderwork's exempt purpose is subject to tax under internal revenue code section 511. Wonderwork utilizes a threshold of more-likely-than-not for recognition and derecognition of tax positions taken or expected to be taken in a tax return. Wonderwork did not recognize any unrelated business income for tax liability for the year ended june 30, 2015 and 2014.

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IRS990/MissionDesc0PROVIDE TREATMENT, SURGERY, AND RELATED ASSISTANCE TO CHILDREN AND ADULTS EVERYWHERE, INCLUDING THOSE IN DEVELOPING COUNTRIES, SUFFERING FROM DISEASE, ILLNESS, OR DISABILITY. FOR MORE INFORMATION, SEE SCHEDULE O.
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