Civic Intelligence

World Changers Project

990 • Fiscal year 2015 • EIN 55-0816892

Jan 01, 2015 to Dec 31, 2015 • Filed on May 17, 2016

PO Box1191Holland, MI 49422

(616) 262-5458

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

9th percentile

-40%

Higher net margin than 9% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

6th percentile

-62%

Faster asset growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

9th percentile

-50%

Faster revenue growth than 9% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$67,364

Down $108,529 (-62%) from 2014

Net Assets

Down

$67,364

Down $108,529 (-62%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$270,423

Down $272,362 (-50%) from 2014

Expenses

Down

$378,952

Down $91,850 (-20%) from 2014

Net Income

Down

-$108,529

Down $180,512 (-251%) from 2014

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $148,079Liabilities 2011: $0Net Assets 2011: $148,0792011Assets 2012: $24,930Liabilities 2012: $0Net Assets 2012: $24,9302012Assets 2013: $103,910Liabilities 2013: $0Net Assets 2013: $103,9102013Assets 2014: $175,893Liabilities 2014: $0Net Assets 2014: $175,8932014Assets 2015: $67,364Liabilities 2015: $0Net Assets 2015: $67,3642015Assets 2017: $92,740Liabilities 2017: $02017Assets 2019: $17,801Liabilities 2019: $0Net Assets 2019: $17,8012019

Highlighted filing

2015

Assets$67,364
Liabilities$0
Net Assets$67,364

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $322,3212011Revenue 2012: $373,007Expenses 2012: $372,156Net Income 2012: $8512012Revenue 2013: $408,021Expenses 2013: $329,041Net Income 2013: $78,9802013Revenue 2014: $542,785Expenses 2014: $470,802Net Income 2014: $71,9832014Revenue 2015: $270,423Expenses 2015: $378,952Net Income 2015: -$108,5292015Revenue 2017: $80,100Expenses 2017: $72,805Net Income 2017: $7,2952017Revenue 2019: $58,844Expenses 2019: $75,214Net Income 2019: -$16,3702019

Highlighted filing

2015

Revenue$270,423
Expenses$378,952
Net Income-$108,529
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 17, 2016
Return Version
2015v2.1
Gross Receipts
$270,423
Mission and Program Overview

Mission

Global Immersion Exposure Trips for Students and Business Leaders

Global Education with focus in transformational business models and Kingdom business.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$175,893$67,364▼ $108,529
Savings and Temporary Cash Investments$0--
Accounts Receivable$0--
Other Notes and Loans Receivable, Net$0--
Pledges and Grants Receivable$0--
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0--
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Intangible Assets$0--
Inventories for Sale or Use$0--
Loans From Officers Directors$0--
Prepaid Expenses and Deferred Charges$0--
Total Assets$175,893$67,364▼ $108,529
Other Assets Total$0--
Liabilities
Accounts Payable and Accrued Expenses$0--
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$175,893$67,364▼ $108,529
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$175,893$67,364▼ $108,529
Total Liabilities and Net Assets / Fund Balance$175,893$67,364▼ $108,529
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joe SlaughterBoard Chair
Robert SimpsonPresident
Skot WelchExecutive irector
Revenue and Support

Revenue Composition

Contributions and Grants
$54,085
Program Service Revenue
$216,338
Investment Income
$0
Other Revenue
$0
All Other Contributions
$54,085
Change in Net Assets
$-108,529
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$311,634
Salaries, Compensation, and Employee Benefits$65,445
Grants and Similar Amounts Paid$1,873
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$274,867--$274,867
Other Salaries and Wages$39,063$6,894-$45,957
Fees for Services Other$28,896--$28,896
Payroll Taxes$11,722$2,066-$13,788
Pension Plan Contributions$4,845$855-$5,700
Office Expenses$3,785$691-$4,476
Fees for Services Accounting$2,057$362-$2,419
Grants to Domestic Individuals$1,873--$1,873
Information Technology-$816-$816
Fees for Services Management-$160-$160
Total Functional Expenses$367,108$11,844$0$378,952
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0--
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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, Part VI, Section B, Line 11B

Review at board meetings and provide details as requested.

Form 990, Part VI, Section B, Line 12C

Monitor this through ex board committee

Form 990, Part VI, Section B, Line 15

Review of similar organizations...

Form 990, Part VI, Section C, Line 19

Upon Request

Filing and Contact Details

Filer

Filer Name
World Changers Project
EIN
55-0816892
Phone
6162625458
Address
PO Box1191, Holland, MI 49422
Doing Business As
DBA Global Business Leadership Center

Signing Officer

Name
Robert Simpson
Title
President
Phone
6162625458
Signed
2016-05-17

Organization Details

Principal Officer
Robert Simpson
Formed
2000
Legal Domicile
Mi
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
8
Raw XML Appendix345 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Review of similar organizations...
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
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IRS990/WebsiteAddressTxt0www.globalblc.org
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0Trouble with computer and getting records out. This has never happened and we are now backing up system regularly to avoid this in the future.
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Robert Simpson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06162625458
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORLD CHANGERS PROJECT
ReturnHeader/Filer/BusinessNameControlTxt0WORL
ReturnHeader/Filer/EIN0550816892
ReturnHeader/Filer/PhoneNum06162625458
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box1191
ReturnHeader/Filer/USAddress/CityNm0Holland
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049422
ReturnHeader/ReturnTs02016-05-24T10:03:37-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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