Civic Intelligence

World Connect Inc

EIN 56-2525151 • 501(c)3 • New York, NY

Profile

World connect activates power inside communities by co-investing with them to advance development on their terms, supporting a virtuous cycle of development that drives effective and sustained progress from inside communities.

1370 Avenue Of The Americas 29th FNew York, NY 10019

www.worldconnect-us.org

Siviq Scores

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

Liabilities / Assets

50th percentile

0.06x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.04x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

93rd percentile

70%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

67%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,441,613

Up $1,004,108 (+70%) from 2023

Liabilities

Down

$154,517

Down $164,115 (-52%) from 2023

Net Assets

Up

$2,287,096

Up $1,168,223 (+104%) from 2023

Revenue

Up

$3,475,765

Up $1,400,373 (+67%) from 2023

Expenses

Down

$2,298,794

Down $362,413 (-14%) from 2023

Net Income

Up

$1,176,971

Up $1,762,786 (+301%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $964,634Liabilities 2010: $22,915Net Assets 2010: $941,7192010Assets 2011: $635,822Liabilities 2011: $8,079Net Assets 2011: $627,7432011Assets 2012: $434,635Liabilities 2012: $11,708Net Assets 2012: $422,9272012Assets 2013: $335,625Liabilities 2013: $75,205Net Assets 2013: $260,4202013Assets 2014: $370,680Liabilities 2014: $82,528Net Assets 2014: $288,1522014Assets 2015: $237,548Liabilities 2015: $151,812Net Assets 2015: $85,7362015Assets 2016: $318,726Liabilities 2016: $185,803Net Assets 2016: $132,9232016Assets 2017: $565,897Liabilities 2017: $242,498Net Assets 2017: $323,3992017Assets 2018: $1,045,371Liabilities 2018: $418,182Net Assets 2018: $627,1892018Assets 2019: $806,606Liabilities 2019: $39,616Net Assets 2019: $766,9902019Assets 2020: $1,087,497Liabilities 2020: $190,263Net Assets 2020: $897,2342020Assets 2021: $1,270,672Liabilities 2021: $72,652Net Assets 2021: $1,198,0202021Assets 2022: $1,841,564Liabilities 2022: $164,142Net Assets 2022: $1,677,4222022Assets 2023: $1,437,505Liabilities 2023: $318,632Net Assets 2023: $1,118,8732023Assets 2024: $2,441,613Liabilities 2024: $154,517Net Assets 2024: $2,287,0962024

Highlighted filing

2024

Assets$2,441,613
Liabilities$154,517
Net Assets$2,287,096

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $2,260,8112010Expenses 2011: $739,5492011Expenses 2012: $575,8602012Revenue 2013: $445,260Expenses 2013: $607,767Net Income 2013: -$162,5072013Revenue 2014: $642,811Expenses 2014: $615,079Net Income 2014: $27,7322014Revenue 2015: $785,513Expenses 2015: $987,929Net Income 2015: -$202,4162015Revenue 2016: $987,455Expenses 2016: $940,268Net Income 2016: $47,1872016Revenue 2017: $1,362,702Expenses 2017: $1,172,226Net Income 2017: $190,4762017Revenue 2018: $1,849,392Expenses 2018: $1,545,602Net Income 2018: $303,7902018Revenue 2019: $1,997,621Expenses 2019: $1,943,310Net Income 2019: $54,3112019Revenue 2020: $1,847,024Expenses 2020: $1,716,780Net Income 2020: $130,2442020Revenue 2021: $2,125,388Expenses 2021: $1,824,602Net Income 2021: $300,7862021Revenue 2022: $2,462,848Expenses 2022: $1,969,093Net Income 2022: $493,7552022Revenue 2023: $2,075,392Expenses 2023: $2,661,207Net Income 2023: -$585,8152023Revenue 2024: $3,475,765Expenses 2024: $2,298,794Net Income 2024: $1,176,9712024

Highlighted filing

2024

Revenue$3,475,765
Expenses$2,298,794
Net Income$1,176,971

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.44$0.15$2.29$3.48$2.30$1.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.32$1.12$2.08$2.66$0.59
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.16$1.68$2.46$1.97$0.49
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.07$1.20$2.13$1.82$0.30
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.19$0.90$1.85$1.72$0.13
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.04$0.77$2.00$1.94$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.42$0.63$1.85$1.55$0.30
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.24$0.32$1.36$1.17$0.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.19$0.13$0.99$0.94$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.15$0.09$0.79$0.99$0.20
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.08$0.29$0.64$0.62$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.34$0.08$0.26$0.45$0.61$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.01$0.42$0.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.01$0.63$0.74
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.02$0.94$2.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.0
Gross Receipts
$4,537,767
Mission and Program Overview

Mission

World connect is a non-profit that advances global development and global engagement. Recognizing the pivotal role that local leaders and institutions play in sustainable global development, we empower grassroots local leaders, often women, to tackle their own challenges. Besides our initial investment in innovative projects, we offer ongoing support guidance, and funding as a continuing commitment to these projects sustainability and scalability.

World connect activates power inside communities by co-investing with them to advance development on their terms, supporting a virtuous cycle of development that drives effective and sustained progress from inside communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$358,489$1,019,151▲ $660,662
Cash and Non-Interest-Bearing Accounts$432,990$789,322▲ $356,332
Savings and Temporary Cash Investments$1,732$240,170▲ $238,438
Investments in Publicly Traded Securities$477,154$235,508▼ $241,646
Intangible Assets$102,216$81,115▼ $21,101
Land, Buildings, and Equipment, Net$53,322$68,535▲ $15,213
Prepaid Expenses and Deferred Charges$11,602$5,711▼ $5,891
Total Assets$1,437,505$2,441,613▲ $1,004,108
Other Assets Total-$2,101-
Liabilities
Accounts Payable and Accrued Expenses$307,567$154,517▼ $153,050
Deferred Revenue$11,065--
Total Liabilities$318,632$154,517▼ $164,115
Net Assets / Fund Balance
Net Assets With Donor Restrictions$585,730$1,570,368▲ $984,638
Net Assets Without Donor Restrictions$533,143$716,728▲ $183,585
Total Net Assets Fund Balance$1,118,873$2,287,096▲ $1,168,223
Total Liabilities and Net Assets / Fund Balance$1,437,505$2,441,613▲ $1,004,108

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$68,535$17,071$85,606
Leasehold Improvements-$2,121$2,121

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$478,886-▲ $9,293-$475,678
2023$460,471-▲ $30,925-$478,886
2022$500,000-▼ $14,529-$460,471
2021$500,000---$500,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Pamela NathensonExecutive DiFT$211,606$37,545$249,151
Pamela NathensonExecutive Director-$211,606$37,545$249,151
Christine LackowskiChief OperatFT$175,000$21,887$196,887
Christine LackowskiChief Operating Offi-$175,000$21,887$196,887
Patrick HigdonGlobal DirecFT$149,738$6,902$156,640
Patrick HigdonGlobal Director of P-$149,738$6,902$156,640
Kathryn MurphyGlobal DirectorFT$129,600$22,002$151,602
Kathryn MurphyGlobal Director of Partn-$129,600$22,002$151,602

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,440,151
Program Service Revenue
$0
Investment Income
$21,266
Other Revenue
$14,348
All Other Contributions
$2,672,767
Change in Net Assets
$1,176,971

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,475,765
Revenue Not Reported on Form 990
$83,813
Total Revenue per Audited Statements
$3,559,578
Total Revenue per Form 990
$3,475,765
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,217,200
Other Expenses$582,538
Grants and Similar Amounts Paid$499,056
Total Fundraising Expense$316,926
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$611,026$155,427$130,163$896,616
Foreign Grants$374,056--$374,056
Current Officers, Directors, Trustees, and Key Employees$191,847$12,456$44,848$249,151
Fees for Services Other$121,924$6,492$41,036$169,452
Travel$104,501$3,709$28,995$137,205
Grants to Domestic Orgs$125,000--$125,000
Office Expenses$46,560$2,516$41,812$90,888
Payroll Taxes$40,548$12,334$10,869$63,751
Information Technology$29,411$18,265$1,871$49,547
Depreciation Depletion$24,687$8,207$2,853$35,747
Fees for Services Accounting$2,994$24,940-$27,934
Insurance$15,311$3,208-$18,519
Other Expenses$11,531$5,170$525$17,226
Other Employee Benefits$3,598$923$325$4,846
Pension Plan Contributions$2,836--$2,836
Fees for Services Legal$541--$541
Total Functional Expenses$1,713,879$267,989$316,926$2,298,794

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,391,355
Expenses per Audited Statements$2,298,794
Total Expenses per Form 990$2,298,794
Expenses Not Reported on Form 990$92,561
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
All Kings Project IncBrooklyn, NY501c3Support Programming$25,000
Cambio LabsNew York, NY501c3Support Programming$25,000
Flex Dance Program IncBrooklyn, NY501c3Support Programming$25,000
Oyate GroupBronx, NY501c3Support Programming$25,000
UNDOCUMENTED WOMEN'S FUNDNew York, NY501c3Support Programming$25,000

International Summary

Offices
2
Employees
9
Spending
$374,056

International Compliance

Foreign grant records maintained
No
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
Sub-saharan AfricaProgram Service GranGrants to Recipients28$322,578
South AmericaProgram Service GranGrants to Recipients-1$51,478
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$78,812
Fundraising Gross Income$74,532
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Evening for Uk$108,769$40,782-$40,782
Annual Benefit$724,147$33,750-$33,750
Total Events$832,916$74,532$78,812$-4,280
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
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, Page 6, Part VI, Line 2

Stephanie cabot courtenay cabot venton secretary director family relationship

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

The board of directors review and approve the 990 prior to filing.

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

The purpose of the policy is to avoid potential conflicts arising between private interests of board members and key staff and his/her responsibilities to the organization. On an annual basis, each board member and key staff reviews the policy and signs a conflict disclosure form. If any conflicts are disclosed, the board member will meet and review with board members to determine appropriate action.

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

Compensation of the executive director was determined by the board of directors, who reviewed compensation of comparable organizations.

Form 990, Page 6, Part VI, Line 18

990 is available on candid

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
World Connect Inc
EIN
56-2525151
Phone
6464081257
Address
1370 AVENUE OF THE AMERICAS 29TH F, NEW YORK, NY 10019

Signing Officer

Name
Pamela Nathenson
Title
Executive Director
Phone
6464081257
Signed
2025-11-03

Organization Details

Principal Officer
Pamela Nathenson
Formed
2005
Legal Domicile
Ny
Voting Board Members
22
Independent Board Members
22
Employees
5
Volunteers
25

Preparer

Firm
Galleros Robinson
Address
488 MADISON AVE RM 2005, NEW YORK, NY 10022
Preparer
Derek Flanagan
Phone
6469210400
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

World connect activates power inside communities by co-investing with them to advance development on their terms, supporting a virtuous cycle of development that drives effective and sustained progress from inside communities.

Form 990, Part V, Line 4B

Malawi, great britain (uk)

Financial Statement Notes

Schedule D, Page 3, Part X

The organization applies the provisions pertaining to uncertain tax provisions, fasb asc topic 740, and has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for tax periods in progress. The organinzation believes it is no longer subject to income tax examination for years prior to 2021.

Raw XML AppendixShowing 400 of 772 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/AccountsPayableAccrExpnssGrp/EOYAmt0154517
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IRS990/ActivityOrMissionDesc0WORLD CONNECT ACTIVATES POWER INSIDE COMMUNITIES BY CO-INVESTING WITH THEM TO ADVANCE DEVELOPMENT ON THEIR TERMS, SUPPORTING A VIRTUOUS CYCLE OF DEVELOPMENT THAT DRIVES EFFECTIVE AND SUSTAINED PROGRESS FROM INSIDE COMMUNITIES.
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IRS990/Desc0WORLD CONNECT AWARDED 374,056 IN GRANTS IN 2024 FOR 79 PROJECTS THAT PROMOTE HEALTH, PROTECT THE ENVIRONMENT, INCREASE EDUCATION AND ECONOMIC OPPORTUNITY, AND ACCESS TO COMMUNITY SERVICES WITH A FOCUS ON WOMEN AND CHILDREN. WORLD CONNECT WORKS WITH STRATEGIC PARTNERS IN THE FIELD WHO ARE WELL POSITIONED TO SUPPORT GENUINE GRASSROOTS LEADERSHIP AND PROJECT DEVELOPMENT. WORLD CONNECT PROJECTS MUST BE LOCALLY LED AND DEMONSTRATE THE PROMISE OF PROMOTING FURTHER COMMUNITY LED DEVELOPMENT. GRANTS WERE PROVIDED TO GRANTEES LOCATED IN MALAWI, RWANDA, NIGERIA, ECUADOR, AND KENYA.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF OPERAT
IRS990/Form990PartVIISectionAGrp/TitleTxt2GLOBAL DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt3GLOBAL DIR.
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IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR, ST
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